Consolidated Edison (NYSE:ED) Releases Earnings Results, Beats Estimates By $0.04 EPS

Consolidated Edison (NYSE:ED) announced its quarterly earnings data on Thursday. The utilities provider reported $2.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.04, FiscalAI reports. The business had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.75 billion. Consolidated Edison had a net margin of 12.70% and a return on equity of 8.68%. During the same quarter in the prior year, the firm posted $1.90 earnings per share.

Consolidated Edison Trading Down 2.4%

Shares of ED traded down $2.88 during mid-day trading on Friday, hitting $118.56. The company had a trading volume of 2,501,467 shares, compared to its average volume of 2,287,054. The business’s 50-day simple moving average is $108.92 and its 200-day simple moving average is $109.35. The company has a quick ratio of 1.17, a current ratio of 1.27 and a debt-to-equity ratio of 1.04. Consolidated Edison has a 1-year low of $94.96 and a 1-year high of $122.75. The stock has a market cap of $43.85 billion, a PE ratio of 19.93, a P/E/G ratio of 4.10 and a beta of 0.23.

Consolidated Edison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Wednesday, November 18th will be issued a dividend of $0.8875 per share. This represents a $3.55 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Wednesday, November 18th. Consolidated Edison’s dividend payout ratio is presently 56.80%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Morgan Stanley lowered their target price on shares of Consolidated Edison from $101.00 to $97.00 and set an “underweight” rating for the company in a research note on Friday, September 18th. Barclays increased their price target on Consolidated Edison from $106.00 to $108.00 and gave the stock an “underweight” rating in a research note on Friday. LADENBURG THALM/SH SH increased their price target on Consolidated Edison from $101.00 to $113.50 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Weiss Ratings restated a “buy (b)” rating on shares of Consolidated Edison in a report on Monday, October 19th. Finally, Mizuho set a $108.00 price objective on Consolidated Edison in a research report on Wednesday, October 7th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus 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 adjusted Q3 EPS of $2.07, up from $1.90 a year earlier, and revenue of $4.91 billion, above the cited $4.75 billion consensus. Some estimates vary slightly: one Zacks report characterized EPS as a narrow miss. Con Edison reports 2026 third-quarter earnings
• Positive Sentiment: Wells Fargo raised its price target to $134 from $118 and upgraded ED to “overweight.” Mizuho also lifted its target, to $124 from $108. Wells Fargo price-target update Mizuho price-target update
• Neutral Sentiment: FY 2026 EPS guidance is $6.05–$6.15, bracketing the $6.11 consensus. The range supports expectations near consensus, though its narrower span leaves less room for an upside surprise. Q3 earnings and guidance
• Negative Sentiment: Barclays raised its target only slightly, from $106 to $108, while retaining an “underweight” rating—still implying downside from the cited share price. Barclays rating and target
• Negative Sentiment: The company outlined $38 billion in planned investments, raising potential financing and shareholder-dilution concerns that could offset the appeal of earnings growth. Q3 earnings, guidance, and investment risks

About Consolidated Edison

Consolidated Edison, Inc is an energy holding company whose principal business is delivering electricity, natural gas and steam through regulated utility subsidiaries. Its services include generating, transmitting and distributing energy to residential, commercial and industrial customers.

Its largest subsidiary, Consolidated Edison Company of New York, serves customers in New York City and Westchester County. Orange and Rockland Utilities serves parts of southeastern New York and northern New Jersey.

The company’s roots trace back to New York Gas Light Company, founded in 1823.