Q4 Earnings Forecast for ED Issued By KeyCorp

Consolidated Edison Inc (NYSE:ED) – Equities researchers at KeyCorp issued their Q4 2026 earnings per share (EPS) estimates for Consolidated Edison in a note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp forecasts that the utilities provider will post earnings of $0.62 per share for the quarter. KeyCorp has a “Underweight” rating and a $94.00 price target on the stock. The consensus estimate for Consolidated Edison’s current full-year earnings is $6.09 per share. KeyCorp also issued estimates for Consolidated Edison’s FY2027 earnings at $6.48 EPS, FY2028 earnings at $6.89 EPS and FY2029 earnings at $7.32 EPS.

A number of other research analysts have also recently weighed in on the company. Morgan Stanley reaffirmed an “underweight” rating on shares of Consolidated Edison in a research report on Wednesday. Mizuho reiterated a “neutral” rating and issued a $105.00 price target on shares of Consolidated Edison in a research report on Tuesday, June 2nd. Argus set a $112.00 price objective on shares of Consolidated Edison in a research note on Tuesday, June 23rd. Wells Fargo & Company set a $98.00 price objective on shares of Consolidated Edison in a research report on Tuesday, April 21st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Consolidated Edison in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, Consolidated Edison presently has an average rating of “Reduce” and an average target price of $107.87.

Consolidated Edison Stock Performance

Shares of ED opened at $112.97 on Monday. The business has a 50-day simple moving average of $109.04 and a two-hundred day simple moving average of $109.09. The company has a quick ratio of 1.09, a current ratio of 1.19 and a debt-to-equity ratio of 1.00. Consolidated Edison has a 52 week low of $94.96 and a 52 week high of $116.23. The stock has a market cap of $41.63 billion, a price-to-earnings ratio of 19.02, a PEG ratio of 2.93 and a beta of 0.27.

Consolidated Edison Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Wednesday, August 19th will be given a dividend of $0.8875 per share. The ex-dividend date is Wednesday, August 19th. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.1%. Consolidated Edison’s dividend payout ratio is currently 59.76%.

Institutional Trading of Consolidated Edison

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Revolve Wealth Partners LLC lifted its stake in Consolidated Edison by 13.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 3,721 shares of the utilities provider’s stock worth $332,000 after purchasing an additional 441 shares in the last quarter. Empowered Funds LLC grew its position in shares of Consolidated Edison by 42.1% during the first quarter. Empowered Funds LLC now owns 8,978 shares of the utilities provider’s stock valued at $993,000 after purchasing an additional 2,659 shares in the last quarter. Woodline Partners LP grew its position in shares of Consolidated Edison by 40.7% during the first quarter. Woodline Partners LP now owns 29,271 shares of the utilities provider’s stock valued at $3,237,000 after purchasing an additional 8,468 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Consolidated Edison in the second quarter worth about $3,256,000. Finally, Baird Financial Group Inc. increased its holdings in shares of Consolidated Edison by 2.1% in the second quarter. Baird Financial Group Inc. now owns 14,679 shares of the utilities provider’s stock worth $1,473,000 after purchasing an additional 296 shares during the last quarter. 66.29% of the stock is currently owned by institutional investors.

Consolidated Edison Company Profile

Consolidated Edison, Inc, commonly known as Con Edison, is an investor-owned energy company that primarily delivers electricity, natural gas and steam to customers in the New York metropolitan area. Its regulated utility operations include the distribution and transmission of electric power, the distribution of natural gas, and the operation of one of the largest district steam systems in the United States, serving commercial, institutional and residential customers in New York City and nearby counties.

The company operates through regulated utility subsidiaries that serve urban and suburban service territories, together with non-utility businesses that develop, own and manage energy infrastructure and clean energy projects.