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Consolidated Edison, Inc. (DE:EDC)
FRANKFURT:EDC
Holding DE:EDC?
Track your performance easily
EDC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€77.40 - €94.92
Previous Close€94.02
Volume100.00
Average Volume (3M)95.00
Market Cap
€32.52B
Enterprise Value€55.12B
Total Cash (Recent Filing)$1.50B
Total Debt (Recent Filing)$26.56B
Price to Earnings (P/E)―
Beta0.03
Next Earnings
Oct 31, 2024EPS Estimate
€1.48Last Dividend Ex-Date
Aug 14, 2024Dividend Yield3.15%
Share Statistics
EPS (TTM)N/A
Shares Outstanding346,147,200
10 Day Avg. Volume14
30 Day Avg. Volume95
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.51
Price to Sales (P/S)2.45
Price to Cash Flow (P/CF)6.80
P/FCF Ratio5.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.85
Enterprise Value/Gross Profit7.44
Enterprise Value/Ebitda8.21
Forecast
1Y Price Target
€86.53Price Target Upside-7.97% Downside
Rating ConsensusHold
Number of Analyst Covering10
Consolidated Edison News
PremiumMarket News
SPY ETF Update, 8/14/2024 
PremiumMarket News
SPY ETF Update, 8/8/2024 
PremiumMarket News
SPY ETF Update, 8/5/2024 Bulls Say, Bears Say
Bulls Say
EarningsOn track for 6% EPS growth despite cost disallowance.
Financial PerformanceWith a strong balance sheet and long runway for reliability and energy transition-related investment in NY, ED's through-the-cycle dependability implies upside from current levels.
Investment OpportunitiesHighly visible transmission capex opportunities.
Bears Say
EarningsLowering the 2024 estimate to $5.20, the lower end of ED's 2024 guidance range, following the NYPSC's decision to disallow recoveries associated with the $88m cost overruns with the new computer information system at CECONY.
Financial PerformanceAffordability considerations could be the limiting factor as ED's rate base growth forecast of 6.5% is slightly below average.
RegulationMgmt. does not view the PSC's disallowance of billing/information system costs beyond the cap as a directional sign on NY regulation.
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Options Prices
Currently, No data available
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Ownership Overview
0.41% Insiders
17.32% Mutual Funds
37.23% Other Institutional Investors
45.04% Public Companies and
Individual Investors
EDC FAQ
What was Consolidated Edison, Inc.’s price range in the past 12 months?
Consolidated Edison, Inc. lowest stock price was €77.40 and its highest was €94.92 in the past 12 months.
What is Consolidated Edison, Inc.’s market cap?
Currently, no data Available
When is Consolidated Edison, Inc.’s upcoming earnings report date?
Consolidated Edison, Inc.’s upcoming earnings report date is Oct 31, 2024 which is in 43 days.
How were Consolidated Edison, Inc.’s earnings last quarter?
Consolidated Edison, Inc. released its earnings results on Aug 01, 2024. The company reported €0.523 earnings per share for the quarter, beating the consensus estimate of €0.513 by €0.01.
Is Consolidated Edison, Inc. overvalued?
According to Wall Street analysts Consolidated Edison, Inc.’s price is currently Overvalued.
Does Consolidated Edison, Inc. pay dividends?
Consolidated Edison, Inc. pays a Quarterly dividend of €0.75 which represents an annual dividend yield of 3.15%. See more information on Consolidated Edison, Inc. dividends here
What is Consolidated Edison, Inc.’s EPS estimate?
Consolidated Edison, Inc.’s EPS estimate is €1.48.
How many shares outstanding does Consolidated Edison, Inc. have?
Consolidated Edison, Inc. has 346,147,200 shares outstanding.
What happened to Consolidated Edison, Inc.’s price movement after its last earnings report?
Consolidated Edison, Inc. reported an EPS of €0.523 in its last earnings report, beating expectations of €0.513. Following the earnings report the stock price went down -0.333%.
Which hedge fund is a major shareholder of Consolidated Edison, Inc.?
Among the largest hedge funds holding Consolidated Edison, Inc.’s share is Bridgewater Associates, LP. It holds Consolidated Edison, Inc.’s shares valued at 324K.
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Consolidated Edison Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
€86.53 (-7.97% Downside)
€86.53 (-7.97% Downside)
Blogger Sentiment
Bullish
DE:EDC Sentiment 85%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.36%
12-Months-Change
Fundamentals
Return on Equity
8.42%
Trailing 12-Months
Asset Growth
6.51%
Trailing 12-Months
Company Description
Consolidated Edison, Inc.
Consolidated Edison Co. of New York, Inc. engages in the distribution of electric power services. It operates through the following segments: Electric, Gas, and Steam. The company was founded in 1884 and is headquartered in New York, NY.
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EDC Revenue Breakdown
73.89% Electric
21.33% Gas
3.88% Steam
0.90% Non-utility
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EDC Stock 12 Month Forecast
Average Price Target
€86.53
▼(-7.97% Downside)
Technical Analysis
Best Analysts Covering EDC
1 Year
1 Year Success Rate
9/39 ratings generated profit
1 Year Average Return
-10.96%
reiterated a sell rating 27 days ago
Copying David Arcaro's trades and holding each position for 1 Year would result in 23.08% of your transactions generating a profit, with an average return of -10.96% per trade.
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