Q4 Earnings Estimate for ED Issued By KeyCorp

Consolidated Edison Inc (NYSE:EDFree Report) – Equities research analysts at KeyCorp issued their Q4 2026 EPS estimates for shares of Consolidated Edison in a research note issued on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the utilities provider will earn $0.62 per share for the quarter. KeyCorp currently has a “Underweight” rating and a $94.00 target price on the stock. The consensus estimate for Consolidated Edison’s current full-year earnings is $6.09 per share. KeyCorp also issued estimates for Consolidated Edison’s FY2027 earnings at $6.48 EPS, FY2028 earnings at $6.89 EPS and FY2029 earnings at $7.32 EPS.

ED has been the subject of a number of other reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Consolidated Edison in a report on Wednesday, July 22nd. Argus set a $112.00 price objective on Consolidated Edison in a research note on Tuesday, June 23rd. The Goldman Sachs Group restated a “sell” rating and set a $105.00 target price on shares of Consolidated Edison in a report on Thursday, May 14th. Evercore set a $116.00 target price on Consolidated Edison in a research note on Monday, May 11th. Finally, Barclays cut their price target on Consolidated Edison from $110.00 to $107.00 and set an “underweight” rating for the company in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $108.47.

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Consolidated Edison Stock Down 1.3%

Shares of ED opened at $111.50 on Monday. The company has a market capitalization of $41.09 billion, a P/E ratio of 18.77, a PEG ratio of 2.93 and a beta of 0.27. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.19 and a quick ratio of 1.09. Consolidated Edison has a one year low of $94.96 and a one year high of $116.23. The business’s 50 day simple moving average is $109.14 and its 200-day simple moving average is $109.17.

Consolidated Edison Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.8875 per share. The ex-dividend date is Wednesday, August 19th. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.2%. Consolidated Edison’s payout ratio is presently 59.76%.

Hedge Funds Weigh In On Consolidated Edison

Several hedge funds have recently added to or reduced their stakes in ED. Basepoint Wealth LLC acquired a new stake in shares of Consolidated Edison during the 4th quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new position in Consolidated Edison in the third quarter valued at approximately $26,000. Westfuller Advisors LLC acquired a new position in Consolidated Edison in the fourth quarter valued at approximately $27,000. Sachetta LLC boosted its stake in Consolidated Edison by 72.9% in the first quarter. Sachetta LLC now owns 242 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 102 shares during the last quarter. Finally, Dorato Capital Management bought a new position in Consolidated Edison in the fourth quarter valued at approximately $28,000. Institutional investors own 66.29% of the company’s stock.

About Consolidated Edison

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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.

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Earnings History and Estimates for Consolidated Edison (NYSE:ED)

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