Zacks Research Has Bullish Estimate for ED Q1 Earnings

Consolidated Edison Inc (NYSE:ED) – Zacks Research lifted their Q1 2026 earnings per share (EPS) estimates for shares of Consolidated Edison in a report released on Wednesday, November 26th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings of $2.39 per share for the quarter, up from their prior forecast of $2.34. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.62 per share. Zacks Research also issued estimates for Consolidated Edison’s Q3 2026 earnings at $1.68 EPS, Q2 2027 earnings at $0.83 EPS, Q3 2027 earnings at $1.79 EPS and FY2027 earnings at $6.31 EPS.

Other analysts have also recently issued research reports about the company. Wells Fargo & Company raised Consolidated Edison to a “hold” rating in a research report on Tuesday, October 28th. Mizuho increased their price target on shares of Consolidated Edison from $107.00 to $112.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Evercore ISI assumed coverage on shares of Consolidated Edison in a research note on Tuesday, October 7th. They issued an “in-line” rating and a $106.00 target price for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Consolidated Edison in a research note on Monday, November 24th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $98.00 price target on shares of Consolidated Edison in a research note on Thursday, November 20th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $104.58.

Consolidated Edison Stock Up 0.3%

Shares of Consolidated Edison stock opened at $100.43 on Monday. The firm’s 50-day moving average is $99.75 and its two-hundred day moving average is $100.64. Consolidated Edison has a 1 year low of $87.28 and a 1 year high of $114.87. The stock has a market cap of $36.25 billion, a price-to-earnings ratio of 18.23, a PEG ratio of 2.70 and a beta of 0.32. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.10 and a quick ratio of 1.01.

Consolidated Edison (NYSE:ED) last issued its earnings results on Thursday, November 6th. The utilities provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.14. Consolidated Edison had a net margin of 11.98% and a return on equity of 8.56%. During the same period in the prior year, the company posted $1.68 EPS. Consolidated Edison has set its FY 2025 guidance at 5.600-5.700 EPS.

Consolidated Edison Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 3.4%. The ex-dividend date is Wednesday, November 19th. Consolidated Edison’s payout ratio is presently 59.44%.

Institutional Investors Weigh In On Consolidated Edison

Several hedge funds have recently added to or reduced their stakes in the business. JPL Wealth Management LLC purchased a new position in Consolidated Edison during the third quarter valued at approximately $26,000. Salomon & Ludwin LLC increased its holdings in Consolidated Edison by 270.4% in the third quarter. Salomon & Ludwin LLC now owns 300 shares of the utilities provider’s stock valued at $30,000 after buying an additional 219 shares in the last quarter. Capital Advisors Ltd. LLC raised its position in shares of Consolidated Edison by 53.2% in the second quarter. Capital Advisors Ltd. LLC now owns 314 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 109 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in shares of Consolidated Edison during the 3rd quarter worth about $32,000. Finally, Financial Network Wealth Advisors LLC purchased a new stake in shares of Consolidated Edison during the 1st quarter worth about $33,000. 66.29% of the stock is owned by hedge funds and other institutional investors.

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.