Consolidated Edison, Inc. to Post FY2025 Earnings of $5.59 Per Share, Zacks Research Forecasts (NYSE:ED)

Consolidated Edison, Inc. (NYSE:ED) – Research analysts at Zacks Research lifted their FY2025 earnings per share (EPS) estimates for shares of Consolidated Edison in a research report issued to clients and investors on Tuesday, April 9th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $5.59 for the year, up from their prior estimate of $5.58. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.30 per share. Zacks Research also issued estimates for Consolidated Edison’s Q1 2026 earnings at $1.71 EPS and FY2026 earnings at $5.86 EPS.

Consolidated Edison (NYSE:ED) last announced its quarterly earnings data on Thursday, February 15th. The utilities provider reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Consolidated Edison had a return on equity of 8.41% and a net margin of 17.19%. The firm had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period last year, the company posted $0.81 EPS. The business’s quarterly revenue was down 14.6% compared to the same quarter last year.

A number of other brokerages have also commented on ED. KeyCorp upgraded Consolidated Edison from an “underweight” rating to a “sector weight” rating in a research report on Thursday, January 4th. Scotiabank lifted their price target on Consolidated Edison from $90.00 to $91.00 and gave the company a “sector underperform” rating in a report on Tuesday, February 20th. UBS Group reduced their price target on Consolidated Edison from $99.00 to $94.00 and set a “neutral” rating for the company in a report on Friday, February 16th. Barclays lifted their price target on Consolidated Edison from $86.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday, March 14th. Finally, LADENBURG THALM/SH SH initiated coverage on Consolidated Edison in a report on Wednesday, January 3rd. They set a “neutral” rating and a $92.50 price target for the company. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $87.96.

Consolidated Edison Trading Down 2.5 %

Shares of NYSE ED opened at $88.87 on Wednesday. Consolidated Edison has a one year low of $80.46 and a one year high of $100.92. The firm has a market capitalization of $30.71 billion, a PE ratio of 12.38, a PEG ratio of 8.54 and a beta of 0.35. The company has a current ratio of 1.01, a quick ratio of 0.94 and a debt-to-equity ratio of 1.04. The business has a 50-day moving average price of $89.04 and a two-hundred day moving average price of $89.48.

Consolidated Edison Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Wednesday, February 14th were given a dividend of $0.83 per share. The ex-dividend date was Tuesday, February 13th. This is a boost from Consolidated Edison’s previous quarterly dividend of $0.81. This represents a $3.32 annualized dividend and a yield of 3.74%. Consolidated Edison’s dividend payout ratio is 46.24%.

Institutional Trading of Consolidated Edison

Hedge funds have recently added to or reduced their stakes in the company. Main Street Group LTD acquired a new stake in Consolidated Edison during the 4th quarter worth approximately $25,000. Retirement Group LLC lifted its holdings in Consolidated Edison by 74.8% during the 4th quarter. Retirement Group LLC now owns 271 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 116 shares during the last quarter. Financial Gravity Asset Management Inc. lifted its holdings in Consolidated Edison by 215.6% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 284 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 194 shares during the last quarter. Level Financial Advisors Inc. acquired a new stake in Consolidated Edison during the 3rd quarter worth approximately $26,000. Finally, Tyler Stone Wealth Management bought a new position in Consolidated Edison during the 2nd quarter worth $28,000. 66.29% of the stock is owned by institutional investors and hedge funds.

Consolidated Edison Company Profile

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.