FY2026 Earnings Estimate for ED Issued By Scotiabank

Consolidated Edison, Inc. (NYSE:ED) – Analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for Consolidated Edison in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the utilities provider will earn $5.90 per share for the year. Scotiabank has a “Sector Perform” rating and a $100.00 price objective on the stock. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.34 per share.

A number of other equities research analysts also recently commented on ED. Citigroup upgraded Consolidated Edison from a “neutral” rating to a “buy” rating and increased their price objective for the company from $103.00 to $116.00 in a research report on Tuesday, October 15th. Jefferies Financial Group started coverage on Consolidated Edison in a research report on Wednesday, October 9th. They set a “hold” rating and a $108.00 price objective for the company. Evercore ISI upgraded Consolidated Edison from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. UBS Group increased their price objective on Consolidated Edison from $105.00 to $106.00 and gave the company a “neutral” rating in a research report on Friday, September 20th. Finally, Morgan Stanley cut their target price on shares of Consolidated Edison from $88.00 to $85.00 and set an “underweight” rating on the stock in a research note on Friday, November 22nd. Two analysts have rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $100.64.

Consolidated Edison Price Performance

Shares of NYSE:ED opened at $88.93 on Friday. Consolidated Edison has a one year low of $85.85 and a one year high of $107.75. The stock has a fifty day moving average of $94.38 and a 200-day moving average of $97.82. The company has a market capitalization of $30.81 billion, a PE ratio of 16.75, a price-to-earnings-growth ratio of 3.11 and a beta of 0.38. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.93 and a current ratio of 1.01.

Consolidated Edison (NYSE:ED) last released its earnings results on Thursday, November 7th. The utilities provider reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.12. Consolidated Edison had a return on equity of 8.70% and a net margin of 12.27%. The firm had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $4.02 billion.

Hedge Funds Weigh In On Consolidated Edison

A number of hedge funds have recently modified their holdings of ED. Capital Performance Advisors LLP acquired a new position in Consolidated Edison during the third quarter worth $27,000. Ashton Thomas Securities LLC acquired a new position in Consolidated Edison during the third quarter worth $30,000. FSA Wealth Management LLC acquired a new position in Consolidated Edison during the third quarter worth $55,000. Future Financial Wealth Managment LLC acquired a new position in Consolidated Edison during the third quarter worth $55,000. Finally, Webster Bank N. A. increased its position in Consolidated Edison by 189.5% during the third quarter. Webster Bank N. A. now owns 579 shares of the utilities provider’s stock worth $60,000 after buying an additional 379 shares during the last quarter. 66.29% of the stock is owned by institutional investors and hedge funds.

Consolidated Edison Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Wednesday, November 13th were paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend was Wednesday, November 13th. Consolidated Edison’s dividend payout ratio (DPR) is presently 62.52%.

Consolidated Edison Company Profile

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.