Analysts Set Consolidated Edison Inc (NYSE:ED) PT at $108.93

Posted by Brian Himes on Sep 8th, 2026

Shares of Consolidated Edison Inc (NYSE:ED – Get Free Report) have been assigned a consensus rating of “Reduce” from the fifteen analysts that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $108.9333.

ED has been the subject of several analyst reports. Mizuho set a $114.00 price objective on Consolidated Edison in a research note on Monday, July 27th. Barclays cut their price target on Consolidated Edison from $112.00 to $106.00 and set an “underweight” rating for the company in a report on Friday, August 7th. Morgan Stanley reduced their price target on Consolidated Edison from $105.00 to $101.00 and set an “underweight” rating for the company in a research report on Friday, August 21st. Argus set a $112.00 price objective on Consolidated Edison in a research note on Tuesday, June 23rd. Finally, Evercore reaffirmed a “positive” rating and set a $112.00 price objective on shares of Consolidated Edison in a research report on Monday, August 17th.

Get Our Latest Stock Analysis on ED

Consolidated Edison Stock Performance

Shares of NYSE ED opened at $107.26 on Tuesday. The firm has a 50 day moving average of $109.68 and a 200 day moving average of $109.73. The company has a current ratio of 1.27, a quick ratio of 1.17 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $39.67 billion, a price-to-earnings ratio of 17.61, a price-to-earnings-growth ratio of 3.71 and a beta of 0.27. Consolidated Edison has a 12-month low of $94.96 and a 12-month high of $116.23.

Consolidated Edison (NYSE:ED – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.07. The business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.60 billion. Consolidated Edison had a net margin of 12.53% and a return on equity of 8.44%. During the same period last year, the firm earned $0.67 earnings per share. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. On average, research analysts anticipate that Consolidated Edison will post 6.1 earnings per share for the current year.

Consolidated Edison Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Wednesday, August 19th will be issued a $0.8875 dividend. This represents a $3.55 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, August 19th. Consolidated Edison’s dividend payout ratio is currently 58.29%.

Hedge Funds Weigh In On Consolidated Edison

Several large investors have recently added to or reduced their stakes in the company. Aberdeen Wealth Management LLC bought a new stake in shares of Consolidated Edison during the 2nd quarter valued at $27,000. Sachetta LLC increased its stake in Consolidated Edison by 72.9% in the 1st quarter. Sachetta LLC now owns 242 shares of the utilities provider’s stock worth $27,000 after buying an additional 102 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in Consolidated Edison in the 3rd quarter worth $26,000. Basepoint Wealth LLC purchased a new stake in Consolidated Edison in the 4th quarter worth $26,000. Finally, Keating Financial Advisory Services Inc. bought a new stake in Consolidated Edison during the second quarter valued at about $30,000. Hedge funds and other institutional investors own 66.29% of the company’s stock.

About Consolidated Edison

(Get Free Report)

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.