Zacks Research Analysts Raise Earnings Estimates for ED

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

Consolidated Edison (NYSE:ED) last posted its quarterly earnings results on Thursday, November 7th. The utilities provider reported $1.68 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $4.02 billion.

Several other research analysts have also recently weighed in on ED. Jefferies Financial Group assumed coverage on shares of Consolidated Edison in a report on Wednesday, October 9th. They set a “hold” rating and a $108.00 price objective for the company. Barclays cut their price objective on Consolidated Edison from $104.00 to $99.00 and set an “underweight” rating for the company in a report on Friday, November 8th. Evercore ISI raised Consolidated Edison from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. UBS Group boosted their price target on Consolidated Edison from $105.00 to $106.00 and gave the company a “neutral” rating in a research note on Friday, September 20th. Finally, Scotiabank upgraded shares of Consolidated Edison from a “sector underperform” rating to a “sector perform” rating and increased their price objective for the stock from $90.00 to $100.00 in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $99.96.

Consolidated Edison Stock Performance

Consolidated Edison stock opened at $91.23 on Monday. Consolidated Edison has a 1-year low of $85.85 and a 1-year high of $107.75. The firm has a market cap of $31.60 billion, a P/E ratio of 17.18, a P/E/G ratio of 3.11 and a beta of 0.36. The company has a current ratio of 1.01, a quick ratio of 0.93 and a debt-to-equity ratio of 1.07. The firm has a 50-day moving average of $99.82 and a 200-day moving average of $98.21.

Institutional Investors Weigh In On Consolidated Edison

Large investors have recently added to or reduced their stakes in the stock. Peapack Gladstone Financial Corp lifted its stake in shares of Consolidated Edison by 6.0% in the third quarter. Peapack Gladstone Financial Corp now owns 25,606 shares of the utilities provider’s stock valued at $2,667,000 after buying an additional 1,441 shares during the period. Synovus Financial Corp lifted its position in shares of Consolidated Edison by 6.2% in the 3rd quarter. Synovus Financial Corp now owns 17,804 shares of the utilities provider’s stock worth $1,854,000 after acquiring an additional 1,033 shares during the period. Tidal Investments LLC grew its holdings in shares of Consolidated Edison by 4.5% during the 3rd quarter. Tidal Investments LLC now owns 6,437 shares of the utilities provider’s stock worth $670,000 after purchasing an additional 276 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Consolidated Edison during the third quarter valued at approximately $776,000. Finally, Sfmg LLC acquired a new position in shares of Consolidated Edison in the third quarter valued at $208,000. Institutional investors own 66.29% of the company’s stock.

Consolidated Edison Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Wednesday, November 13th were given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 3.64%. The ex-dividend date was Wednesday, November 13th. Consolidated Edison’s payout ratio is presently 62.52%.

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.