Consolidated Edison Named Among Best Utility Stocks for Dividends in 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
0mins
Should l Buy ED?
Source: Yahoo Finance
- Price Target Increase: Evercore ISI raised Consolidated Edison’s price target from $106 to $117 while maintaining an 'In Line' rating, reflecting a positive outlook for the utility sector and indicating market confidence in the company.
- Earnings Beat: Consolidated Edison reported adjusted earnings of $5.70 per share for Q4 2025, exceeding expectations and showing a $0.30 increase from the previous year, which highlights the company's ongoing improvement in revenue and profitability.
- Positive Future Guidance: For FY 2026, the company expects adjusted EPS to range between $6.00 and $6.20, surpassing Wall Street's estimate of $6.01, demonstrating confidence in future earnings growth.
- Long-term Growth Target: Consolidated Edison aims for a 6% to 7% compound annual growth rate in adjusted EPS over the next five years, using the midpoint of its 2026 guidance as a baseline, indicating a strategic focus on stable growth and investment returns.
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Analyst Views on ED
Wall Street analysts forecast ED stock price to fall
10 Analyst Rating
1 Buy
4 Hold
5 Sell
Moderate Sell
Current: 113.390
Low
86.00
Averages
102.00
High
118.00
Current: 113.390
Low
86.00
Averages
102.00
High
118.00
About ED
Consolidated Edison, Inc. is an energy-delivery company. The Company, through its subsidiaries, Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc., provides a range of energy-related products and services to its customers. CECONY is a regulated utility providing electric service in New York City and New York’s Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan. O&R and its utility subsidiary, Rockland Electric Company, provide electric service to customers in southeastern New York and northern New Jersey, a 1,300 square mile service area. O&R delivers gas to customers in southeastern New York. Con Edison Transmission, Inc. falls primarily under the oversight of the Federal Energy Regulatory Commission and manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Settlement Details: The company has reached a settlement related to its ongoing projects, which may impact its financial and operational strategies.
Implications for Stakeholders: This announcement is expected to have various implications for stakeholders, including investors and partners involved in the energy market.
Future Prospects: The settlement and announcement may pave the way for new opportunities and developments within the company and the broader industry.
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Consolidated Edison Recognized Among High Dividend Quality Stocks
- Rating Update: JPMorgan raised its price target on Consolidated Edison (ED) from $107 to $113 while maintaining an Underweight rating, indicating a cautious outlook on the North American utilities sector after updating its models.
- Price Target Adjustment: KeyBanc increased its price objective for Consolidated Edison from $86 to $96, also keeping an Underweight rating, highlighting that the company's Q4 results and 2026 guidance were largely in line with expectations, reflecting market confidence in its long-term growth.
- Public Offering Announcement: Consolidated Edison announced a public offering of 7 million common shares, with J.P. Morgan Securities acting as the underwriter, which involves borrowing shares from third parties for sale, showcasing the company's strategic approach to capital market financing.
- Market Position: As one of the largest investor-owned energy delivery companies in the U.S., Consolidated Edison offers a wide range of energy-related products and services, attracting investor interest despite competition from AI stocks due to its stable dividend yield.
See More
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- Dividend Growth Stability: Currently, 57 stocks hold the title of Dividend Kings, with American States Water increasing its dividend for 71 consecutive years, demonstrating long-term stability and commitment to shareholders, which attracts investors seeking passive income.
- AbbVie's Revenue Growth: AbbVie reported $5 billion and $2.37 billion in revenue from its new drugs Skyrizi and Rinvoq in Q4 2025, reflecting a 32% and 29.5% increase year-over-year, respectively, providing strong support for the company's revenue transition after losing Humira's exclusivity.
- Walmart's E-commerce Growth: Walmart's U.S. e-commerce sales surged 27% in Q1 2025, with international sales up 17%, and despite a modest 0.8% dividend yield, its 46% stock price increase and 53 consecutive years of dividend growth bolster investor confidence.
- Con Edison Capital Expenditure Plans: Con Edison plans to invest $6.6 billion in 2025 and $6.8 billion in 2026 on capital projects aimed at upgrading transmission lines and modernizing gas systems, which is expected to drive stable long-term returns and meet the growing energy demand.
See More
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- AbbVie Revenue Surge: AbbVie's Skyrizi and Rinvoq generated $5 billion and $2.37 billion in Q4 2025, reflecting year-over-year increases of 32% and 29.5%, respectively, demonstrating the company's successful transition post-Humira exclusivity loss and enhancing its long-term profitability.
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See More
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