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

Consolidated Edison (NYSE:ED) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 6.050-6.150 for the period, compared to the consensus EPS estimate of 6.110.

Consolidated Edison Stock Performance

NYSE:ED traded down $1.48 during mid-day trading on Friday, hitting $119.96. The company’s stock had a trading volume of 573,540 shares, compared to its average volume of 2,242,545. The stock has a market cap of $44.36 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 4.16 and a beta of 0.23. The business’s fifty day moving average is $108.69 and its two-hundred day moving average is $109.28. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.27 and a quick ratio of 1.17. Consolidated Edison has a 1 year low of $94.96 and a 1 year high of $122.75.

Consolidated Edison (NYSE:ED) last issued its quarterly earnings results on Thursday, November 5th. The utilities provider reported $2.07 EPS for the quarter, topping the consensus estimate of $2.03 by $0.04. Consolidated Edison had a net margin of 12.53% and a return on equity of 8.44%. The company had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same quarter in the previous year, the firm earned $1.90 EPS. Analysts anticipate that Consolidated Edison will post 6.10 EPS for the current fiscal year.

Consolidated Edison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Wednesday, November 18th will be paid a dividend of $0.8875 per share. The ex-dividend date is Wednesday, November 18th. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.0%. Consolidated Edison’s payout ratio is presently 58.29%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Consolidated Edison in a research report on Monday, October 19th. KeyCorp reduced their price target on shares of Consolidated Edison from $94.00 to $87.00 and set an “underweight” rating for the company in a research report on Tuesday, October 13th. Royal Bank Of Canada decreased their price target on shares of Consolidated Edison from $110.00 to $109.00 in a research note on Monday, October 26th. JPMorgan Chase & Co. lowered their price objective on shares of Consolidated Edison from $115.00 to $112.00 and set an “underweight” rating on the stock in a research report on Wednesday, August 19th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $105.00 price objective (down from $121.00) on shares of Consolidated Edison in a research report on Tuesday, October 6th. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Consolidated Edison has an average rating of “Reduce” and a consensus target price of $109.74.

Key Headlines Impacting Consolidated Edison

Here are the key news stories impacting Consolidated Edison this week:

• Positive Sentiment: Con Edison reported third-quarter adjusted EPS of $2.07, up from $1.90 a year earlier, and revenue rose 8.5% year over year. EPS beat FactSet’s $2.03 estimate, although it matched Zacks’ $2.07 estimate—accounting for conflicting “beat” and “miss” headlines. Con Edison Q3 earnings release
• Positive Sentiment: Mizuho raised its price target on ED to $124 from $108, indicating a more favorable valuation outlook from that analyst. Mizuho price target update
• Neutral Sentiment: The company narrowed its 2026 earnings guidance and outlined $38 billion in planned investments. The narrowed range provides updated visibility, but the news provided does not specify whether the change raises or lowers the outlook. Q3 results, guidance and investment plans
• Negative Sentiment: A separate earnings analysis flagged growing dilution risk, a potential concern for shareholders as the utility funds its investment program. Q3 analysis and dilution risk

Consolidated Edison Company Profile

Consolidated Edison, Inc is a diversified energy company headquartered in New York City. Through its regulated utility subsidiaries, the company delivers electricity, natural gas and steam to residential, commercial and industrial customers.

Its principal subsidiary, Consolidated Edison Company of New York, provides electric service throughout New York City and Westchester County, along with gas service in Manhattan, the Bronx, parts of Queens and Westchester County, and steam service in parts of Manhattan.