Q1 2026 EPS Estimates for Consolidated Edison, Inc. (NYSE:ED) Increased by Zacks Research

Consolidated Edison, Inc. (NYSE:ED) – Investment analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for shares of Consolidated Edison in a research report issued to clients and investors on Thursday, May 23rd. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $1.84 for the quarter, up from their previous estimate of $1.71. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.34 per share. Zacks Research also issued estimates for Consolidated Edison’s FY2026 earnings at $5.88 EPS.

ED has been the subject of several other research reports. Scotiabank decreased their target price on Consolidated Edison from $91.00 to $85.00 and set a “sector underperform” rating for the company in a research report on Monday, April 22nd. Royal Bank of Canada reduced their price objective on Consolidated Edison from $94.00 to $93.00 and set a “sector perform” rating for the company in a research report on Friday, February 16th. UBS Group cut their target price on Consolidated Edison from $99.00 to $94.00 and set a “neutral” rating on the stock in a research note on Friday, February 16th. Wells Fargo & Company lifted their target price on Consolidated Edison from $93.00 to $97.00 and gave the company an “equal weight” rating in a research note on Friday, May 3rd. Finally, Barclays lifted their target price on Consolidated Edison from $89.00 to $97.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 7th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $88.46.

Consolidated Edison Price Performance

Shares of ED opened at $94.43 on Monday. The firm has a market cap of $32.66 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 2.39 and a beta of 0.34. The stock has a 50 day moving average of $92.60 and a 200-day moving average of $91.01. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Consolidated Edison has a 52 week low of $80.46 and a 52 week high of $98.85.

Consolidated Edison (NYSE:ED) last issued its quarterly earnings data on Thursday, May 2nd. The utilities provider reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.26. Consolidated Edison had a return on equity of 8.79% and a net margin of 12.43%. The firm had revenue of $4.28 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same quarter last year, the firm earned $1.83 EPS. Consolidated Edison’s quarterly revenue was down 2.8% on a year-over-year basis.

Consolidated Edison Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Wednesday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Tuesday, May 14th. Consolidated Edison’s payout ratio is 63.72%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ED. Corient Private Wealth LLC grew its holdings in shares of Consolidated Edison by 2.8% during the third quarter. Corient Private Wealth LLC now owns 167,691 shares of the utilities provider’s stock valued at $14,344,000 after buying an additional 4,575 shares in the last quarter. NBC Securities Inc. purchased a new stake in shares of Consolidated Edison during the 3rd quarter worth about $312,000. Ieq Capital LLC raised its stake in shares of Consolidated Edison by 4.0% during the 3rd quarter. Ieq Capital LLC now owns 9,920 shares of the utilities provider’s stock worth $848,000 after purchasing an additional 380 shares in the last quarter. Lincoln National Corp raised its stake in shares of Consolidated Edison by 1.5% during the 3rd quarter. Lincoln National Corp now owns 19,406 shares of the utilities provider’s stock worth $1,660,000 after purchasing an additional 281 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Consolidated Edison by 2.1% during the 3rd quarter. Victory Capital Management Inc. now owns 660,372 shares of the utilities provider’s stock worth $56,482,000 after purchasing an additional 13,451 shares during the last quarter. Hedge funds and other institutional investors own 66.29% of the company’s stock.

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.