Consolidated Edison (NYSE:ED) Updates FY 2026 Earnings Guidance

Consolidated Edison (NYSE:ED) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.000-6.200 for the period, compared to the consensus earnings per share estimate of 5.880. The company issued revenue guidance of -.

Consolidated Edison Stock Performance

NYSE:ED opened at $109.77 on Friday. The stock has a market cap of $39.62 billion, a P/E ratio of 19.43, a PEG ratio of 3.05 and a beta of 0.38. Consolidated Edison has a 1-year low of $94.96 and a 1-year high of $115.25. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.08 and a quick ratio of 0.97. The firm has a 50-day moving average of $103.78 and a two-hundred day moving average of $100.91.

Consolidated Edison (NYSE:ED) last released its earnings results on Thursday, February 19th. The utilities provider reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.03. Consolidated Edison had a net margin of 11.95% and a return on equity of 8.53%. The company had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the previous year, the firm earned $0.98 EPS. The company’s revenue was up 8.9% on a year-over-year basis. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. On average, research analysts expect that Consolidated Edison will post 5.62 earnings per share for the current fiscal year.

Consolidated Edison Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Wednesday, February 18th will be given a dividend of $0.8875 per share. This is a boost from Consolidated Edison’s previous quarterly dividend of $0.85. This represents a $3.55 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Wednesday, February 18th. Consolidated Edison’s payout ratio is presently 62.83%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Consolidated Edison from $101.00 to $97.00 and set an “underweight” rating for the company in a report on Friday, December 12th. UBS Group upped their price objective on shares of Consolidated Edison from $108.00 to $112.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Scotiabank raised their target price on Consolidated Edison from $113.00 to $117.00 and gave the stock a “sector perform” rating in a research report on Friday. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $118.00 price objective on shares of Consolidated Edison in a research report on Friday, January 23rd. Finally, TD Cowen assumed coverage on Consolidated Edison in a research report on Friday, January 9th. They issued a “hold” rating and a $105.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, Consolidated Edison has a consensus rating of “Reduce” and an average target price of $105.33.

Insiders Place Their Bets

In other Consolidated Edison news, Director John F. Killian sold 2,276 shares of Consolidated Edison stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $96.89, for a total transaction of $220,521.64. Following the completion of the sale, the director owned 38,661 shares of the company’s stock, valued at approximately $3,745,864.29. The trade was a 5.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.19% of the company’s stock.

Trending Headlines about Consolidated Edison

Here are the key news stories impacting Consolidated Edison this week:

• Positive Sentiment: Q4 results: Con Edison reported Q4 revenue of $3.99B and GAAP EPS of $0.89, topping consensus on both revenue and (modest) EPS—revenue rose ~8.9% year‑over‑year, showing demand strength. Q4 Press Release
• Positive Sentiment: FY2026 guidance raised: Management set 2026 EPS guidance to $6.00–$6.20, above the prior street consensus (~$5.88), signaling stronger forward earnings power and supporting dividend coverage. Consolidated Edison Q4 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Regulatory/rate tailwinds and infrastructure spending: Recent rate case approval and higher infrastructure investment should support regulated earnings growth and long‑term rate base expansion. Consolidated Edison earnings on deck after rate case approval
• Positive Sentiment: 2025 annual results: Reported 2025 net income and adjusted EPS rose versus 2024 (net income $2,023M; adjusted EPS $5.70), reinforcing multi-year earnings progression. CON EDISON REPORTS 2025 EARNINGS
• Neutral Sentiment: Dividend appeal: Coverage in financial media highlights ED as an attractive dividend stock with growth potential, which may keep longer‑term income investors interested. Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: Cost pressures: Reuters and other outlets note higher operating and interest expenses that weighed on quarterly profit versus some street expectations—these margin/interest headwinds partly offset the positive guidance and likely explain today’s pullback. Consolidated Edison misses quarterly profit estimates on higher operating and interest expenses

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. GW&K Investment Management LLC increased its holdings in shares of Consolidated Edison by 28.5% during the 4th quarter. GW&K Investment Management LLC now owns 419 shares of the utilities provider’s stock worth $42,000 after acquiring an additional 93 shares during the last quarter. Venture Visionary Partners LLC grew its stake in Consolidated Edison by 2.0% during the fourth quarter. Venture Visionary Partners LLC now owns 5,606 shares of the utilities provider’s stock worth $557,000 after buying an additional 108 shares in the last quarter. Compound Planning Inc. increased its stake in Consolidated Edison by 2.0% in the fourth quarter. Compound Planning Inc. now owns 6,000 shares of the utilities provider’s stock valued at $596,000 after acquiring an additional 120 shares during the last quarter. Financial Engines Advisors L.L.C. lifted its position in shares of Consolidated Edison by 4.1% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 3,302 shares of the utilities provider’s stock worth $332,000 after buying an additional 130 shares during the last quarter. Finally, Jacobi Capital Management LLC lifted its holdings in shares of Consolidated Edison by 3.4% in the fourth quarter. Jacobi Capital Management LLC now owns 4,349 shares of the utilities provider’s stock worth $432,000 after acquiring an additional 141 shares during the last quarter. Institutional investors and hedge funds own 66.29% of the company’s stock.

About Consolidated Edison

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.