Inside the research
Consolidated Edison, Inc.
ED Research profile · latest available data
Price overview
$103.10
▲ +0.39 (+0.4%)
| 52w hi | $113.57 |
|---|---|
| 52w lo | $93.02 |
| Vol | 1.92M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.25
| Short | -0.10 |
|---|---|
| Medium | -0.43 |
| Long | -0.21 |
computed 2026-09-27
Key fundamentals
Consolidated Edison, Inc.
Utilities · Utilities - Regulated Electric
| Market cap | $38.13B |
|---|---|
| Enterprise value | $64.98B |
| Trailing P/E | 16.93x |
| Forward P/E | 15.89x |
| EV / EBITDA | 10.54x |
| P / S (ttm) | 2.16x |
| Profit margin | 12.5% |
| Return on equity | 9.0% |
| Revenue growth | +13.2% |
| Earnings growth | +22.1% |
| Debt / equity | 110.11 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.28 | |
| Sector | -0.10 | |
| Technical | -0.16 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,490 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, the company operates 552 circuit miles of transmission lines; 16 transmission substations; 63 distribution substations; 89,675 in-service line transformers; 3,764 pole miles of overhead distribution lines; and 2,417 miles of underground distribution lines, as well as 4,374 miles of mains and 379, 939 service lines for natural gas distribution. Further, it invests in electric and gas transmission projects. The company primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
Risk Metrics
| Beta vs SPX | -0.22 |
|---|---|
| Corr SPX | -0.19 |
| Annual vol | 18.6% |
| Annual ret | +1.6% |
| Sharpe | 0.09 |
| Max DD | -18.1% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $111.38 |
|---|---|
| High / Low | $130.00 / $97.00 |
| Median | $112.50 |
| Analysts | 16 |
| Strong Buy | 0 | |
|---|---|---|
| Buy | 3 | |
| Hold | 8 | |
| Sell | 3 | |
| Strong Sell | 4 |
Recent rating actions
| 2026-04-21 | Morgan Stanley | → Underweight |
| 2026-04-21 | Keybanc | → Underweight |
| 2026-03-12 | JP Morgan | → Underweight |
| 2026-03-05 | Evercore ISI Group | → In-Line |
| 2026-03-04 | Keybanc | → Underweight |
| 2026-02-24 | TD Cowen | → Hold |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Earnings Release, Exhibits | read |
| 2026-07-02 | Officer / Director Change, Exhibits | read |
| 2026-06-03 | Other Material Event, Exhibits | read |
| 2026-05-20 | Shareholder Vote | read |
| 2026-05-08 | Material Agreement, Exhibits | read |
| 2026-05-07 | Earnings Release, Exhibits | read |
| 2026-03-11 | Material Agreement, Termination of Agreement… | read |
| 2026-02-25 | Material Agreement, Other Material Event… | read |
| 2026-02-19 | Earnings Release, Exhibits | read |
| 2025-11-24 | Other Material Event | read |
| 2025-11-24 | Material Agreement, Material Obligation… | read |
| 2025-11-19 | Other Material Event, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-08 | Andrews Kirkland B | SVP & CFO | Withheld for tax | 8.52K | $955.46K |
| 2026-07-01 | Farhadian Weinstein Tali | Grant | 1.28K | $141.68K | |
| 2026-06-30 | RANGER MICHAEL W | Grant | 441 | $48.75K | |
| 2026-06-15 | Miller Joseph | VP & Controller | Buy | 1 | $110 |
| 2026-05-19 | SUTHERLAND L FREDERICK | Grant | 1.60K | $169.99K | |
| 2026-05-19 | Cavanagh Brendan Thomas | Grant | 1.60K | $169.99K | |
| 2026-05-19 | Zoi Catherine | Grant | 1.60K | $169.99K | |
| 2026-05-19 | Stanley Deirdre | Grant | 1.60K | $169.99K | |
| 2026-05-19 | SANFORD LINDA S | Grant | 1.60K | $169.99K | |
| 2026-05-19 | RANGER MICHAEL W | Grant | 1.60K | $169.99K |
Flow & Concentration
| Insider 180d net | $110 |
|---|---|
| Insider buys / sells | 1 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 96.8% |
| HHI | 4,835 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $2.78B | 25.09M |
| AQR Capital Management | $393.52M | 3.56M |
| Capital Research / Capital World | $359.69M | 3.25M |
| Citadel Advisors | $238.67M | 2.16M |
| Fidelity / FMR LLC | $193.55M | 1.75M |
| Bridgewater Associates | $68.99M | 623.64K |
| Renaissance Technologies | $56.16M | 507.60K |
| Millennium Management | $3.89M | 35.14K |
| T. Rowe Price Group | $623.75K | 5.64M |
As of 2026-06-30
Dividends
| Yield (TTM) | 1.69% |
|---|---|
| $ / share (TTM) | $1.74 |
| 5y CAGR | +2.1% |
Annual dividend per share
| 2021 | $3.10 |
|---|---|
| 2022 | $3.16 |
| 2023 | $3.24 |
| 2024 | $3.32 |
| 2025 | $3.40 |
| 2026 | $0.89 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $17.05B | +1.9% | |
| Operating income | $3.20B | +3.8% | |
| Net income | $2.52B | +6.8% | |
| Cash from ops | $3.61B | +1.2% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $102.61 | $103.28 | $102.08 | $103.10 | 1.92M |
| Sep 24 | $103.05 | $103.89 | $102.70 | $102.71 | 3.03M |
| Sep 23 | $103.46 | $103.85 | $102.33 | $102.61 | 1.86M |
| Sep 22 | $103.50 | $104.62 | $103.31 | $103.84 | 1.48M |
| Sep 21 | $105.24 | $105.66 | $103.52 | $103.86 | 1.83M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →