Consolidated Edison (NYSE:ED) Releases Earnings Results, Beats Estimates By $0.03 EPS

Consolidated Edison (NYSE:ED) issued its quarterly earnings data on Thursday. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.03, FiscalAI reports. The firm had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $3.71 billion. Consolidated Edison had a return on equity of 8.53% and a net margin of 11.95%.The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the company earned $0.98 EPS. Consolidated Edison updated its FY 2026 guidance to 6.000-6.200 EPS.

Consolidated Edison Stock Down 1.9%

ED stock opened at $109.77 on Friday. The company’s 50 day moving average price is $103.78 and its 200 day moving average price is $100.91. The firm has a market capitalization of $39.62 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 3.05 and a beta of 0.38. Consolidated Edison has a fifty-two week low of $94.96 and a fifty-two week high of $115.25. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.97 and a current ratio of 1.08.

Consolidated Edison Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Wednesday, February 18th will be paid a dividend of $0.8875 per share. The ex-dividend date is Wednesday, February 18th. This is a positive change from Consolidated Edison’s previous quarterly dividend of $0.85. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.2%. Consolidated Edison’s payout ratio is currently 62.83%.

Insider Buying and Selling

In other Consolidated Edison news, Director John F. Killian sold 2,276 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 38,661 shares in the company, valued at $3,745,864.29. The trade was a 5.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is owned by company insiders.

Institutional Investors Weigh In On Consolidated Edison

Several institutional investors have recently modified their holdings of ED. JPL Wealth Management LLC acquired a new stake in Consolidated Edison in the third quarter valued at $26,000. Turning Point Benefit Group Inc. purchased a new position in shares of Consolidated Edison in the 3rd quarter valued at about $32,000. Acumen Wealth Advisors LLC acquired a new stake in shares of Consolidated Edison during the 4th quarter worth about $33,000. Palisade Asset Management LLC purchased a new stake in Consolidated Edison during the third quarter worth approximately $37,000. Finally, GW&K Investment Management LLC lifted its stake in Consolidated Edison by 28.5% during the fourth quarter. GW&K Investment Management LLC now owns 419 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 93 shares during the last quarter. 66.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on ED shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Consolidated Edison in a research note on Monday, December 29th. Wells Fargo & Company decreased their price objective on shares of Consolidated Edison from $99.00 to $95.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 20th. Morgan Stanley reiterated an “underweight” rating and issued a $102.00 target price on shares of Consolidated Edison in a report on Friday. Barclays cut their target price on Consolidated Edison from $101.00 to $100.00 and set an “underweight” rating on the stock in a research report on Thursday, January 22nd. Finally, TD Cowen started coverage on Consolidated Edison in a research report on Friday, January 9th. They set a “hold” rating and a $105.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Consolidated Edison presently has an average rating of “Reduce” and a consensus price target of $105.33.

Key Headlines Impacting 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

Consolidated Edison Company Profile

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.