ED icon

Consolidated Edison

94.98 USD
-1.33
1.38%
Updated Feb 12, 12:37 PM EST
1 day
-1.38%
5 days
-1.37%
1 month
7.36%
3 months
-2.12%
6 months
-6.83%
Year to date
6.68%
1 year
6.18%
5 years
2.27%
10 years
44.76%
 

About: Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

Employees: 14,592

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

86% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 79

83% more call options, than puts

Call options by funds: $115M | Put options by funds: $62.8M

12% more capital invested

Capital invested by funds: $21.8B [Q2] → $24.3B (+$2.51B) [Q3]

5% more funds holding

Funds holding: 1,121 [Q2] → 1,175 (+54) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 394 | Existing positions reduced: 396

2.81% less ownership

Funds ownership: 70.4% [Q2] → 67.59% (-2.81%) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$85
11%
downside
Avg. target
$93
2%
downside
High target
$100
5%
upside

4 analyst ratings

positive
0%
neutral
50%
negative
50%
Mizuho
Anthony Crowdell
61% 1-year accuracy
14 / 23 met price target
0%upside
$95
Neutral
Maintained
3 Feb 2025
Barclays
Nicholas Campanella
62% 1-year accuracy
49 / 79 met price target
3%downside
$92
Underweight
Maintained
27 Jan 2025
Scotiabank
Andrew Weisel
68% 1-year accuracy
19 / 28 met price target
5%upside
$100
Sector Perform
Upgraded
12 Dec 2024
Morgan Stanley
David Arcaro
69% 1-year accuracy
29 / 42 met price target
11%downside
$85
Underweight
Maintained
22 Nov 2024

Financial journalist opinion

Based on 6 articles about ED published over the past 30 days

Positive
Zacks Investment Research
1 day ago
Consolidated Edison (ED) Recently Broke Out Above the 200-Day Moving Average
After reaching an important support level, Consolidated Edison (ED) could be a good stock pick from a technical perspective. ED surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
Consolidated Edison (ED) Recently Broke Out Above the 200-Day Moving Average
Neutral
Seeking Alpha
2 weeks ago
What Can The Dividend Kings Deliver In 2025?
The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by earnings growth and dividends, with the change in P/E ratio being a detractor. I breakdown the components of total return for each Dividend King by sector to gain insights into current valuation.
What Can The Dividend Kings Deliver In 2025?
Neutral
PRNewsWire
3 weeks ago
Con Edison to Report 2024 Earnings on February 20
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 2024 earnings on February 20, 2025 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for year-end 2023 and $69 billion in assets as of September 30, 2024.
Con Edison to Report 2024 Earnings on February 20
Neutral
PRNewsWire
3 weeks ago
CON EDISON DECLARES COMMON STOCK DIVIDEND
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 85 cents a share on its common stock, payable March 14, 2025 to stockholders of record as of February 19, 2025, an annualized increase of 8 cents over the previous annualized dividend of $3.32 a share. "The 51st consecutive annual dividend increase for stockholders extends our record for the longest period of consecutive annual dividend increases of any utility in the S&P 500 index and reflects our continued emphasis on providing a return to our investors while delivering safe, reliable and resilient service to our customers during the clean energy transition," said Kirk Andrews, Con Edison's senior vice president and chief financial officer.
CON EDISON DECLARES COMMON STOCK DIVIDEND
Positive
Seeking Alpha
3 weeks ago
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors. Broker-estimated top-ten net-gains ranged 22.84%-62.53% topped-by SJW & SCL. By yield, MO topped all the Kings. Top-ten Yields from KVUE, SWK, UBSI, FTS, FRT, BKH, NWN, CDUAF, UVV, & MO, averaged 5.04%.
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
Positive
24/7 Wall Street
4 weeks ago
3 Dividend Kings to Buy and Hold Forever
Dividend Kings are stocks that have increased their dividend payouts for over 50 consecutive years.
3 Dividend Kings to Buy and Hold Forever
Neutral
PRNewsWire
1 month ago
Con Edison Executives to Attend Financial Conferences in January 2025
NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at conferences in January 2025.  A copy of Con Edison's investor presentation for these meetings can be found on the  Presentations & Webcasts  page of Con Edison's website (Select "For Investors" and then select "Presentation & Webcasts").
Con Edison Executives to Attend Financial Conferences in January 2025
Neutral
Business Wire
1 month ago
Runwise Recognized by Con Edison as Top Multifamily Contractor of The Year
NEW YORK--(BUSINESS WIRE)--Runwise, a smart control platform that operates the key heating, cooling, and water systems more efficiently in more than 7,500 buildings throughout the country, today announced it has been recognized by Con Edison as Top Multifamily Contractor of the Year for 2024. Runwise is a Participating Contractor in Con Edison's clean energy program. “We are incredibly proud of this award from Con Edison,” said Mike Cook, Chief Growth Officer and cofounder of Runwise. “Our part.
Runwise Recognized by Con Edison as Top Multifamily Contractor of The Year
Positive
Seeking Alpha
2 months ago
Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
"A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Sectors. Broker-estimated top-ten net gains ranged from 14.79% to 25.23%, topped by SJW and SWK. By yield, MO topped all the Kings. Top-ten yields from ABBV, ADM, SWK, FRT, FTS, BKH, NWN, CDUAF, UVV, and MO averaged 4.67%.
Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
Positive
Seeking Alpha
2 months ago
Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends
"Dividend Aristocrats
Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends
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