Equities Analysts Issue Forecasts for ED Q2 Earnings

Consolidated Edison Inc (NYSE:ED) – Investment analysts at KeyCorp issued their Q2 2026 earnings per share estimates for shares of Consolidated Edison in a research report issued on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the utilities provider will earn $0.65 per share for the quarter. KeyCorp has a “Underweight” rating and a $94.00 price target 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 Q3 2026 earnings at $2.24 EPS and FY2030 earnings at $7.77 EPS.

ED has been the topic of several other research reports. Argus set a $112.00 price target on shares of Consolidated Edison in a research report on Tuesday, June 23rd. Barclays dropped their price objective on shares of Consolidated Edison from $110.00 to $107.00 and set an “underweight” rating for the company in a report on Monday, May 11th. Mizuho reiterated a “neutral” rating and set a $105.00 target price on shares of Consolidated Edison in a report on Tuesday, June 2nd. Evercore set a $116.00 price target on shares of Consolidated Edison in a research report on Monday, May 11th. Finally, Wells Fargo & Company set a $98.00 price target on shares of Consolidated Edison in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Consolidated Edison presently has a consensus rating of “Reduce” and an average price target of $107.87.

Consolidated Edison Stock Performance

NYSE ED opened at $112.81 on Friday. The company has a market cap of $41.58 billion, a P/E ratio of 18.99, a P/E/G ratio of 2.91 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. The stock has a 50-day moving average of $108.89 and a two-hundred day moving average of $108.98. Consolidated Edison has a 1-year low of $94.96 and a 1-year high of $116.23.

Institutional Investors Weigh In On Consolidated Edison

A number of large investors have recently modified their holdings of the company. Revolve Wealth Partners LLC increased its holdings in shares of Consolidated Edison by 13.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 3,721 shares of the utilities provider’s stock valued at $332,000 after acquiring an additional 441 shares during the last quarter. Empowered Funds LLC lifted its stake in Consolidated Edison by 42.1% during the first quarter. Empowered Funds LLC now owns 8,978 shares of the utilities provider’s stock worth $993,000 after purchasing an additional 2,659 shares during the last quarter. Woodline Partners LP boosted its holdings in Consolidated Edison by 40.7% in the first quarter. Woodline Partners LP now owns 29,271 shares of the utilities provider’s stock valued at $3,237,000 after purchasing an additional 8,468 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Consolidated Edison in the second quarter valued at approximately $3,256,000. Finally, Baird Financial Group Inc. increased its stake in Consolidated Edison by 2.1% in the second quarter. Baird Financial Group Inc. now owns 14,679 shares of the utilities provider’s stock valued at $1,473,000 after purchasing an additional 296 shares during the last quarter. 66.29% of the stock is owned by hedge funds and other institutional investors.

Consolidated Edison Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Wednesday, August 19th will be paid a $0.8875 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $3.55 dividend on an annualized basis and a yield of 3.1%. Consolidated Edison’s payout ratio is currently 59.76%.

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.