Q1 EPS Forecast for Consolidated Edison Boosted by Analyst

Consolidated Edison, Inc. (NYSE:ED) – Investment analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of Consolidated Edison in a report released on Wednesday, October 16th. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $2.03 per share for the quarter, up from their prior forecast of $2.01. 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 $1.88 EPS and FY2026 earnings at $5.93 EPS.

Consolidated Edison (NYSE:ED) last released its quarterly earnings results on Thursday, August 1st. The utilities provider reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. Consolidated Edison had a net margin of 12.03% and a return on equity of 8.67%. The company had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.08 billion. During the same period in the prior year, the firm earned $0.61 earnings per share.

Other equities research analysts also recently issued reports about the company. Jefferies Financial Group began coverage on Consolidated Edison in a report on Wednesday, October 9th. They issued a “hold” rating and a $108.00 target price on the stock. Guggenheim increased their price objective on shares of Consolidated Edison from $88.00 to $91.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Citigroup raised shares of Consolidated Edison from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $103.00 to $116.00 in a report on Tuesday. Wells Fargo & Company increased their price target on shares of Consolidated Edison from $97.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Finally, Barclays raised their price target on shares of Consolidated Edison from $92.00 to $98.00 and gave the company an “underweight” rating in a research report on Monday, August 5th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $96.46.

Consolidated Edison Stock Down 0.5 %

NYSE:ED opened at $105.66 on Thursday. Consolidated Edison has a 1-year low of $85.85 and a 1-year high of $106.45. The company has a market capitalization of $36.54 billion, a PE ratio of 20.28, a P/E/G ratio of 3.46 and a beta of 0.36. The firm’s 50-day moving average price is $102.69 and its 200-day moving average price is $96.48. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.04 and a quick ratio of 0.97.

Consolidated Edison Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Wednesday, November 13th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 3.14%. Consolidated Edison’s dividend payout ratio is currently 63.72%.

Institutional Investors Weigh In On Consolidated Edison

Several institutional investors and hedge funds have recently modified their holdings of the stock. Aaron Wealth Advisors LLC lifted its position in shares of Consolidated Edison by 5.5% in the third quarter. Aaron Wealth Advisors LLC now owns 6,814 shares of the utilities provider’s stock worth $710,000 after buying an additional 358 shares in the last quarter. Ellsworth Advisors LLC grew its holdings in Consolidated Edison by 3.3% during the 3rd quarter. Ellsworth Advisors LLC now owns 55,511 shares of the utilities provider’s stock valued at $5,780,000 after buying an additional 1,794 shares in the last quarter. Marshall Financial Group LLC increased its stake in Consolidated Edison by 0.7% in the 3rd quarter. Marshall Financial Group LLC now owns 26,765 shares of the utilities provider’s stock worth $2,787,000 after acquiring an additional 192 shares during the last quarter. Armstrong Fleming & Moore Inc purchased a new stake in shares of Consolidated Edison during the 3rd quarter worth approximately $218,000. Finally, nVerses Capital LLC bought a new position in shares of Consolidated Edison during the 3rd quarter valued at approximately $115,000. Institutional investors own 66.29% of the company’s stock.

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.