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Consolidated Edison (ED) Company Overview

Profile

Full Name:

Consolidated Edison, Inc.

Sector:

Utilities

Industry:

Electric

Country:

United States

IPO:

February 15, 2001

Indexes:

Description:

Consolidated Edison, Inc. through its subsidiaries is involved in the electric, gas, and steam delivery business in the United States. In addition, the company owns, operates, and develops projects related to renewable energy infrastructure and energy supply, provides products and services related to energy to wholesale and retail customers, and invests in projects related to electricity and gas transmission. The company mainly supplies electricity to industrial, commercial, residential, and governmental entities. Consolidated Edison, Inc. was founded in 1884 and is based in New York.

Key Details

Price

$95.77

Annual Revenue

$14.66 B(-6.43% YoY)

Annual EPS

$7.21(+54.72% YoY)

Beta

-0.11

Events Calendar

Earnings

Next earnings date:

Feb 20, 2025

Recent quarterly earnings:

Nov 7, 2024

Recent annual earnings:

Feb 15, 2024
Dividend

Next ex-dividend date:

Feb 19, 2025

Recent ex-dividend date:

Nov 13, 2024
Splits

Next split:

N/A

Recent split:

Jul 3, 1989

Analyst ratings

Recent major analysts updates

Feb 3, 25 Mizuho
Neutral
Jan 27, 25 Barclays
Underweight
Dec 12, 24 Scotiabank
Sector Perform
Nov 22, 24 Morgan Stanley
Underweight
Nov 8, 24 Barclays
Underweight
Oct 21, 24 Barclays
Underweight
Oct 15, 24 Citigroup
Buy
Oct 9, 24 Jefferies
Hold
Sep 25, 24 Morgan Stanley
Underweight
Sep 20, 24 UBS
Neutral

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Con Edison to Report 2024 Earnings on February 20
Con Edison to Report 2024 Earnings on February 20
Con Edison to Report 2024 Earnings on February 20
ED
prnewswire.comJanuary 16, 2025

NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) is set to announce its earnings for 2024 on February 20, 2025, after the market closes. As one of the largest investor-owned energy companies in the U.S., Con Edison reported around $15 billion in revenue for 2023 and had $69 billion in assets by September 30, 2024.

Con Edison Executives to Attend Financial Conferences in January 2025
Con Edison Executives to Attend Financial Conferences in January 2025
Con Edison Executives to Attend Financial Conferences in January 2025
ED
prnewswire.comJanuary 7, 2025

On January 7, 2025, in New York, Consolidated Edison, Inc. ("Con Edison") will hold meetings with investors at various conferences. You can find their investor presentation for these events on the Presentations & Webcasts section of Con Edison's website by choosing "For Investors" and then "Presentation & Webcasts."

Runwise Recognized by Con Edison as Top Multifamily Contractor of The Year
Runwise Recognized by Con Edison as Top Multifamily Contractor of The Year
Runwise Recognized by Con Edison as Top Multifamily Contractor of The Year
ED
businesswire.comDecember 16, 2024

Runwise, a smart control platform that enhances the efficiency of heating, cooling, and water systems in over 7,500 buildings nationwide, has been named Top Multifamily Contractor of the Year for 2024 by Con Edison. As a Participating Contractor in Con Edison's clean energy program, Runwise is honored to receive this recognition. "We are extremely proud of this award from Con Edison," stated Mike Cook, Chief Growth Officer and cofounder of Runwise.

Consolidated Edison: Potential High-Single-Digit Returns With Low Risk
Consolidated Edison: Potential High-Single-Digit Returns With Low Risk
Consolidated Edison: Potential High-Single-Digit Returns With Low Risk
ED
seekingalpha.comNovember 13, 2024

Consolidated Edison, a major utility company in New York City, is considered a good investment because of its anticipated earnings growth and its reputation as a Dividend King. Although its share price recently fell by 5%, the company's Q3 earnings exceeded expectations, and it has raised its earnings per share forecast for 2024. While its net income margin and return on equity are lower than some competitors, its dividend yield is still appealing for those looking for income.

Analysts Estimate Consolidated Edison (ED) to Report a Decline in Earnings: What to Look Out for
Analysts Estimate Consolidated Edison (ED) to Report a Decline in Earnings: What to Look Out for
Analysts Estimate Consolidated Edison (ED) to Report a Decline in Earnings: What to Look Out for
ED
zacks.comOctober 31, 2024

Con Ed (ED) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.

Con Edison to Report 3rd Quarter 2024 Earnings on November 7
Con Edison to Report 3rd Quarter 2024 Earnings on November 7
Con Edison to Report 3rd Quarter 2024 Earnings on November 7
ED
prnewswire.comOctober 23, 2024

On November 7, 2024, after the market closes, Consolidated Edison, Inc. (Con Edison) will announce its earnings for the third quarter of 2024. Con Edison is among the largest energy delivery companies in the U.S., generating around $15 billion in revenue for 2023 and holding $68 billion in assets as of June 30, 2024.

CON EDISON TO WEBCAST CLEAN ENERGY FUTURE PRESENTATION ON OCTOBER 8
CON EDISON TO WEBCAST CLEAN ENERGY FUTURE PRESENTATION ON OCTOBER 8
CON EDISON TO WEBCAST CLEAN ENERGY FUTURE PRESENTATION ON OCTOBER 8
ED
prnewswire.comSeptember 16, 2024

On September 16, 2024, Consolidated Edison, Inc. (NYSE: ED) will give a presentation about clean energy starting at 9 a.m. in New York.

Con Edison Executives to Attend Financial Conferences in September and October 2024
Con Edison Executives to Attend Financial Conferences in September and October 2024
Con Edison Executives to Attend Financial Conferences in September and October 2024
ED
prnewswire.comSeptember 3, 2024

On September 3, 2024, in New York, Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) announced that its executives will hold meetings with investors at various conferences in September and October 2024.

Con Ed (ED) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Con Ed (ED) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Con Ed (ED) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ED
zacks.comAugust 1, 2024

While the revenue and earnings per share (EPS) for Con Ed (ED) provide insight into its performance for the quarter ending in June 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Consolidated Edison (ED) Q2 Earnings and Revenues Surpass Estimates
Consolidated Edison (ED) Q2 Earnings and Revenues Surpass Estimates
Consolidated Edison (ED) Q2 Earnings and Revenues Surpass Estimates
ED
zacks.comAugust 1, 2024

Consolidated Edison (ED) reported quarterly earnings of $0.59 per share, which is higher than the Zacks Consensus Estimate of $0.55 per share. This is a slight decrease compared to earnings of $0.61 per share from the same period last year.

FAQ

  • What is the ticker symbol for Consolidated Edison?
  • Does Consolidated Edison pay dividends?
  • What sector is Consolidated Edison in?
  • What industry is Consolidated Edison in?
  • What country is Consolidated Edison based in?
  • When did Consolidated Edison go public?
  • Is Consolidated Edison in the S&P 500?
  • Is Consolidated Edison in the NASDAQ 100?
  • Is Consolidated Edison in the Dow Jones?
  • When was Consolidated Edison's last earnings report?
  • When does Consolidated Edison report earnings?
  • Should I buy Consolidated Edison stock now?

What is the ticker symbol for Consolidated Edison?

The ticker symbol for Consolidated Edison is NYSE:ED

Does Consolidated Edison pay dividends?

Yes, Consolidated Edison pays dividends. The last payment was $0.83, with an ex-dividend date on November 13, 2024

What sector is Consolidated Edison in?

Consolidated Edison is in the Utilities sector

What industry is Consolidated Edison in?

Consolidated Edison is in the Electric industry

What country is Consolidated Edison based in?

Consolidated Edison is headquartered in United States

When did Consolidated Edison go public?

Consolidated Edison's initial public offering (IPO) was on February 15, 2001

Is Consolidated Edison in the S&P 500?

Yes, Consolidated Edison is included in the S&P 500 index

Is Consolidated Edison in the NASDAQ 100?

No, Consolidated Edison is not included in the NASDAQ 100 index

Is Consolidated Edison in the Dow Jones?

No, Consolidated Edison is not included in the Dow Jones index

When was Consolidated Edison's last earnings report?

Consolidated Edison's most recent earnings report was on Nov 7, 2024

When does Consolidated Edison report earnings?

The next expected earnings date for Consolidated Edison is Feb 20, 2025

Should I buy Consolidated Edison stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions