Q3 EPS Estimate for Consolidated Edison Lifted by Analyst

Consolidated Edison, Inc. (NYSE:ED) – Research analysts at Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for Consolidated Edison in a research report issued on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $1.80 for the quarter, up from their prior forecast of $1.77. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.34 per share.

Consolidated Edison (NYSE:ED) last announced its quarterly earnings results on Thursday, November 7th. The utilities provider reported $1.68 EPS for the quarter, beating the consensus estimate of $1.56 by $0.12. Consolidated Edison had a return on equity of 8.70% and a net margin of 12.27%. The firm had revenue of $4.09 billion for the quarter, compared to analyst estimates of $4.02 billion.

Several other research firms also recently weighed in on ED. Barclays dropped their target price on shares of Consolidated Edison from $104.00 to $99.00 and set an “underweight” rating on the stock in a research report on Friday, November 8th. Citigroup raised shares of Consolidated Edison from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $103.00 to $116.00 in a report on Tuesday, October 15th. Morgan Stanley dropped their price target on Consolidated Edison from $88.00 to $85.00 and set an “underweight” rating on the stock in a research note on Friday, November 22nd. UBS Group raised their price objective on Consolidated Edison from $105.00 to $106.00 and gave the stock a “neutral” rating in a research note on Friday, September 20th. Finally, Evercore ISI raised Consolidated Edison from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Consolidated Edison currently has a consensus rating of “Hold” and an average price target of $99.96.

Consolidated Edison Stock Down 0.5 %

NYSE:ED opened at $90.83 on Monday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.93 and a current ratio of 1.01. The stock has a market capitalization of $31.46 billion, a P/E ratio of 17.11, a P/E/G ratio of 3.11 and a beta of 0.36. The company’s 50-day simple moving average is $99.59 and its 200-day simple moving average is $98.18. Consolidated Edison has a fifty-two week low of $85.85 and a fifty-two week high of $107.75.

Consolidated Edison Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.83 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.66%. Consolidated Edison’s dividend payout ratio (DPR) is presently 62.52%.

Hedge Funds Weigh In On Consolidated Edison

Institutional investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP purchased a new stake in shares of Consolidated Edison during the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in Consolidated Edison during the third quarter worth approximately $30,000. Cultivar Capital Inc. acquired a new stake in shares of Consolidated Edison in the second quarter worth $54,000. Future Financial Wealth Managment LLC purchased a new position in shares of Consolidated Edison in the 3rd quarter valued at $55,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Consolidated Edison during the 3rd quarter valued at $55,000. 66.29% of the stock is currently owned by institutional investors and hedge funds.

About Consolidated Edison

Consolidated Edison, Inc, through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan.