Consolidated Edison Inc (NYSE:ED) Stock Has Average Price Target of $108.67

Posted by on Sep 29th, 2026

Shares of Consolidated Edison Inc (NYSE:ED – Get Free Report) have been given a consensus rating of “Reduce” by the fifteen research firms that are presently covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $108.67.

Several brokerages recently commented on ED. Argus set a $112.00 price objective on shares of Consolidated Edison in a research report on Tuesday, June 23rd. Evercore reissued a “positive” rating and set a $112.00 target price on shares of Consolidated Edison in a research report on Monday, August 17th. Morgan Stanley cut their price target on shares of Consolidated Edison from $101.00 to $97.00 and set an “underweight” rating on the stock in a research note on Friday, September 18th. Weiss Ratings restated a “buy (b)” rating on shares of Consolidated Edison in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company raised their price target on shares of Consolidated Edison from $106.00 to $108.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th.

View Our Latest Analysis on ED

Hedge Funds Weigh In On Consolidated Edison

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aberdeen Wealth Management LLC acquired a new position in shares of Consolidated Edison in the second quarter valued at about $27,000. Sachetta LLC lifted its holdings in shares of Consolidated Edison by 72.9% during the first quarter. Sachetta LLC now owns 242 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 102 shares during the period. Basepoint Wealth LLC purchased a new stake in Consolidated Edison in the fourth quarter valued at approximately $26,000. Keating Financial Advisory Services Inc. purchased a new stake in Consolidated Edison in the second quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC boosted its position in Consolidated Edison by 43.2% in the second quarter. Cornerstone Financial Management LLC now owns 318 shares of the utilities provider’s stock valued at $35,000 after buying an additional 96 shares during the last quarter. Hedge funds and other institutional investors own 66.29% of the company’s stock.

Consolidated Edison Trading Down 0.2%

Shares of NYSE:ED opened at $102.85 on Friday. The business’s 50-day moving average is $107.66 and its 200 day moving average is $109.05. Consolidated Edison has a 1 year low of $94.96 and a 1 year high of $116.23. The firm has a market capitalization of $38.04 billion, a P/E ratio of 16.89, a P/E/G ratio of 3.57 and a beta of 0.27. 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 (NYSE:ED – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.07. The company had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $3.60 billion. Consolidated Edison had a return on equity of 8.44% and a net margin of 12.53%.During the same period last year, the business posted $0.67 earnings per share. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. On average, research analysts predict that Consolidated Edison will post 6.1 earnings per share for the current fiscal year.

Consolidated Edison Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Wednesday, August 19th were given a $0.8875 dividend. This represents a $3.55 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, August 19th. Consolidated Edison’s dividend payout ratio is presently 58.29%.

About Consolidated Edison

(Get Free Report)

Consolidated Edison, Inc is an energy delivery holding company headquartered in New York. Through its principal subsidiary, Consolidated Edison Company of New York, Inc, the company provides electric, natural gas and steam service to customers in New York City and Westchester County, New York.

Con Edison also operates Orange and Rockland Utilities, Inc, which supplies electric and natural gas service in parts of southeastern New York and northern New Jersey. Its utility operations include the generation, transmission and distribution of energy, as well as the maintenance of the infrastructure required to serve residential, commercial and industrial customers.

The company traces its roots to energy businesses that began operating in New York during the 19th century and adopted the Consolidated Edison name in the 1930s.

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