Consolidated Edison (NYSE:ED) Issues FY 2026 Earnings Guidance

Consolidated Edison (NYSE:ED) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.000-6.200 for the period, compared to the consensus estimate of 5.880. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ED shares. Wells Fargo & Company decreased their price target on shares of Consolidated Edison from $99.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. KeyCorp reduced their target price on shares of Consolidated Edison from $90.00 to $86.00 and set an “underweight” rating for the company in a research note on Friday, December 12th. Barclays lowered their price target on Consolidated Edison from $101.00 to $100.00 and set an “underweight” rating on the stock in a research note on Thursday, January 22nd. JPMorgan Chase & Co. reduced their price objective on Consolidated Edison from $101.00 to $97.00 and set an “underweight” rating for the company in a research report on Friday, December 12th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Consolidated Edison in a report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Consolidated Edison currently has a consensus rating of “Reduce” and an average target price of $104.20.

Consolidated Edison Price Performance

Shares of NYSE:ED traded up $0.25 on Thursday, hitting $111.86. The stock had a trading volume of 2,763,660 shares, compared to its average volume of 1,980,197. The firm’s 50 day moving average price is $103.21 and its 200-day moving average price is $100.81. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.97 and a current ratio of 1.08. Consolidated Edison has a twelve month low of $94.50 and a twelve month high of $115.25. The company has a market capitalization of $40.37 billion, a price-to-earnings ratio of 19.56, a price-to-earnings-growth ratio of 3.10 and a beta of 0.38.

Consolidated Edison (NYSE:ED) last announced its quarterly earnings results on Thursday, February 19th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.05. The firm had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $3.71 billion. Consolidated Edison had a net margin of 12.27% and a return on equity of 8.79%. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. On average, equities research analysts predict that Consolidated Edison will post 5.62 earnings per share for the current year.

Consolidated Edison Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Wednesday, February 18th will be given a dividend of $0.8875 per share. This is a boost from Consolidated Edison’s previous quarterly dividend of $0.85. The ex-dividend date is Wednesday, February 18th. This represents a $3.55 dividend on an annualized basis and a yield of 3.2%. Consolidated Edison’s dividend payout ratio is currently 59.44%.

Insider Transactions at Consolidated Edison

In other Consolidated Edison news, Director John F. Killian sold 2,276 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $96.89, for a total value of $220,521.64. Following the transaction, the director owned 38,661 shares of the company’s stock, valued at approximately $3,745,864.29. The trade was a 5.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.19% of the company’s stock.

Institutional Investors Weigh In On Consolidated Edison

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ED. JPL Wealth Management LLC acquired a new position in shares of Consolidated Edison during the third quarter worth approximately $26,000. Turning Point Benefit Group Inc. acquired a new position in Consolidated Edison during the 3rd quarter worth $32,000. Acumen Wealth Advisors LLC bought a new position in Consolidated Edison in the 4th quarter valued at $33,000. Palisade Asset Management LLC acquired a new stake in shares of Consolidated Edison in the 3rd quarter valued at $37,000. Finally, GW&K Investment Management LLC raised its position in shares of Consolidated Edison by 28.5% during the fourth quarter. GW&K Investment Management LLC now owns 419 shares of the utilities provider’s stock worth $42,000 after acquiring an additional 93 shares during the last quarter. Institutional investors and hedge funds own 66.29% of the company’s stock.

About Consolidated Edison

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.