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ED Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
112.260
Open
111.350
VWAP
111.42
Vol
1.62M
Mkt Cap
40.21B
Low
110.685
Amount
180.03M
EV/EBITDA(TTM)
12.65
Total Shares
361.30M
EV
66.46B
EV/OCF(TTM)
13.85
P/S(TTM)
2.36
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.
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Events Timeline

(ET)
2026-02-23
21:00:00
Consolidated Edison to Offer Shares at $111-$112.14
select
2026-02-23
16:30:00
Consolidated Edison Announces Public Offering of 7M Common Shares
select

News

CNBC
6.5
03-05CNBC
Utility Stocks as a Hedge Against Geopolitical Risks and AI Growth
  • Defensive Investment Strategy: Wells Fargo analysts highlight that utility stocks like American Water Works and Exelon can serve as strong defensive plays amid escalating market volatility due to the U.S.-Iran conflict, with expectations of continued relative outperformance in both down and up markets.
  • Historical Performance Advantage: The utilities sector has historically outperformed the S&P 500 by approximately 780 basis points during global conflicts and recessions, indicating its stability and risk mitigation capabilities during uncertain times, a trend expected to persist amid the current conflict in Iran.
  • AI Demand Driving Growth: With a surge in data center construction, utility companies like American Water Works are poised to benefit as they provide essential water resources for AI facility operations, with the stock rising about 8% over the past month and a current dividend yield of 2.4%.
  • Exelon's Growth Potential: Exelon's business structure allows it to complete reliability upgrades in the coming years, with load growth expected to reach 3.3% from 2026 to 2029, while its stock has jumped 10% in the past month, currently yielding 3.5% in dividends.
seekingalpha
8.5
02-23seekingalpha
Consolidated Edison Announces 7M Share Public Offering
  • Public Offering Announcement: Consolidated Edison has announced a public offering of 7 million common shares in connection with a forward sale agreement with J.P. Morgan Securities, resulting in a 1.4% decline in after-hours trading, indicating market apprehension.
  • Clear Use of Proceeds: The company expects to receive cash proceeds per share upon the physical settlement of the forward sale agreement, which will be allocated to fund its subsidiaries' capital requirements and other general corporate purposes, thereby enhancing financial flexibility.
  • Market Reaction Insight: Despite having a clear plan for the use of funds, the market's cautious response to the offering reflects investor concerns over potential dilution, which may impact shareholder confidence moving forward.
  • Strategic Investment Focus: This public offering not only addresses the funding needs of its subsidiaries but also demonstrates the company's active engagement in the capital markets, aiming to strengthen its capital structure to support long-term growth strategies.
PRnewswire
8.5
02-23PRnewswire
Consolidated Edison Announces Public Offering of 7 Million Shares
  • Offering Size: Consolidated Edison announced a public offering of 7 million common shares, expecting to utilize cash proceeds from the forward sale agreement with J.P. Morgan Securities for funding capital requirements of its subsidiaries and general corporate purposes, indicating a proactive investment strategy for future growth.
  • Underwriting Arrangement: J.P. Morgan Securities will act as the underwriter, facilitating transactions on the New York Stock Exchange and in the over-the-counter market, providing flexible pricing strategies aimed at maximizing investor participation and market response.
  • Settlement Options: The company may elect cash settlement or net share settlement instead of physical settlement, demonstrating flexibility in capital management that could influence future capital structure and liquidity.
  • Risk Factor Disclosure: The announcement highlights various potential risks, including regulatory changes and market volatility, emphasizing the complexities of capital operations in uncertain environments, which may affect investor confidence and stock performance.
Newsfilter
8.5
02-23Newsfilter
Consolidated Edison Announces Public Offering of 7 Million Shares
  • Offering Size: Consolidated Edison announced a public offering of 7 million common shares, expecting to utilize the cash proceeds from the forward sale agreement with J.P. Morgan Securities to fund its subsidiaries' capital requirements and other general corporate purposes.
  • Underwriting Arrangement: J.P. Morgan Securities will act as the underwriter, facilitating transactions on the New York Stock Exchange and in the over-the-counter market, thereby ensuring liquidity and market acceptance of the offering, which enhances the company's image in capital markets.
  • Settlement Flexibility: The company has the option to elect cash settlement or net share settlement instead of physical settlement, providing flexibility that will help optimize liquidity under changing market conditions and mitigate potential financial risks.
  • Regulatory Compliance: The offering is made pursuant to an effective shelf registration statement, ensuring compliance with securities laws and bolstering investor confidence while laying the groundwork for future capital operations.
seekingalpha
9.5
02-20seekingalpha
Con Edison Raises 2026 Earnings Guidance Amid Strong Q4 Results
  • Q4 Performance: Con Edison reported a non-GAAP EPS of $0.89 for Q4, with revenues reaching $4 billion, reflecting a 9.0% year-over-year increase, indicating robust market performance and enhanced profitability.
  • 2026 Earnings Guidance: The company expects adjusted EPS for 2026 to range between $6.00 and $6.20, surpassing the consensus estimate of $6.01, showcasing management's confidence in future profitability and strong market demand.
  • Capital Investment Plans: Con Edison plans to invest $6.595 billion and $6.759 billion in capital expenditures for 2026 and 2027, respectively, with a total of $24.339 billion expected from 2028 to 2030, demonstrating a commitment to long-term growth.
  • Financing Strategy: The company intends to meet its capital requirements for 2026 through 2030 via internally-generated funds, long-term debt issuance, and public equity offerings, which will support its expansion plans and enhance financial flexibility.
PRnewswire
9.5
02-19PRnewswire
Con Edison Reports 2025 Net Income Growth to $2.023 Billion
  • Net Income Growth: Con Edison reported a net income of $2.023 billion for 2025, translating to earnings per share of $5.66, which is a significant increase from $1.820 billion and $5.26 in 2024, showcasing the company's strong performance in the electricity and gas markets.
  • Adjusted Earnings Performance: The adjusted earnings for 2025 reached $2.038 billion, or $5.70 per share, up from $1.868 billion and $5.40 in 2024, indicating the effectiveness of the company's investment strategy in the clean energy transition, thereby enhancing shareholder value.
  • Future Investment Plans: Con Edison plans to invest $6.595 billion in 2026 and $6.759 billion in 2027, intending to meet its capital requirements through internally generated funds and long-term debt issuance, demonstrating confidence in future growth and ongoing infrastructure investments.
  • Dividend Growth: The company has increased its dividend for the 52nd consecutive year, reflecting stable financial performance and commitment to shareholders, with 2026 adjusted earnings per share expected to range between $6.00 and $6.20, further boosting investor confidence.
Wall Street analysts forecast ED stock price to rise
10 Analyst Rating
Wall Street analysts forecast ED stock price to rise
1 Buy
4 Hold
5 Sell
Moderate Sell
Current: 0.000
sliders
Low
86.00
Averages
102.00
High
118.00
Current: 0.000
sliders
Low
86.00
Averages
102.00
High
118.00
Evercore ISI
In Line
maintain
$106 -> $117
AI Analysis
2026-03-05
Reason
Evercore ISI
Price Target
$106 -> $117
AI Analysis
2026-03-05
maintain
In Line
Reason
Evercore ISI raised the firm's price target on Consolidated Edison to $117 from $106 and keeps an In Line rating on the shares. The firm updated estimates on many of the power and utilities companies under its coverage following the Q4 earnings season.
KeyBanc
Underweight
maintain
$86 -> $96
2026-03-04
Reason
KeyBanc
Price Target
$86 -> $96
2026-03-04
maintain
Underweight
Reason
KeyBanc raised the firm's price target on Consolidated Edison to $96 from $86 and keeps an Underweight rating on the shares. The firm notes the company reported Q4 results and provided a comprehensive update, including 2026 guidance, a refreshed capital plan and long-term EPS CAGR, and an updated financing plan, which were all relatively in line with its expectations.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ED
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Valuation Metrics

The current forward P/E ratio for Consolidated Edison Inc (ED.N) is 17.94, compared to its 5-year average forward P/E of 18.42. For a more detailed relative valuation and DCF analysis to assess Consolidated Edison Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
18.42
Current PE
17.94
Overvalued PE
19.70
Undervalued PE
17.15

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.86
Current EV/EBITDA
10.36
Overvalued EV/EBITDA
11.41
Undervalued EV/EBITDA
10.31

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.15
Current PS
2.12
Overvalued PS
2.29
Undervalued PS
2.01

Financials

AI Analysis
Annual
Quarterly

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Whales Holding ED

A
ATLAS Infrastructure Partners (UK) Ltd
Holding
ED
+14.32%
3M Return
R
RREEF America L.L.C.
Holding
ED
+12.24%
3M Return
C
CBRE Investment Management Listed Real Assets LLC
Holding
ED
+11.76%
3M Return
N
Newport Trust Company
Holding
ED
+3.33%
3M Return
W
Woodley Farra Manion Portfolio Management, Inc.
Holding
ED
+3.20%
3M Return
T
The Welch Group, LLC
Holding
ED
+2.16%
3M Return

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Frequently Asked Questions

What is Consolidated Edison Inc (ED) stock price today?

The current price of ED is 111.3 USD — it has decreased -0.45

What is Consolidated Edison Inc (ED)'s business?

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.

What is the price predicton of ED Stock?

Wall Street analysts forecast ED stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ED is102.00 USD with a low forecast of 86.00 USD and a high forecast of 118.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Consolidated Edison Inc (ED)'s revenue for the last quarter?

Consolidated Edison Inc revenue for the last quarter amounts to 3.99B USD, increased 8.86

What is Consolidated Edison Inc (ED)'s earnings per share (EPS) for the last quarter?

Consolidated Edison Inc. EPS for the last quarter amounts to 0.82 USD, decreased -7.87

How many employees does Consolidated Edison Inc (ED). have?

Consolidated Edison Inc (ED) has 15407 emplpoyees as of March 11 2026.

What is Consolidated Edison Inc (ED) market cap?

Today ED has the market capitalization of 40.21B USD.