Consolidated Edison (ED) Projected to Announce Quarterly Earnings on Thursday

Consolidated Edison (NYSE:ED) is expected to post its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Consolidated Edison to announce earnings of $0.7560 per share and revenue of $3.5972 billion for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:00 PM ET.

Consolidated Edison Stock Up 0.4%

Shares of NYSE ED opened at $108.40 on Wednesday. The company has a quick ratio of 1.09, a current ratio of 1.19 and a debt-to-equity ratio of 1.00. The company has a market cap of $39.95 billion, a P/E ratio of 18.25, a P/E/G ratio of 2.80 and a beta of 0.27. Consolidated Edison has a 52 week low of $94.96 and a 52 week high of $116.23. The business has a 50-day simple moving average of $109.39 and a two-hundred day simple moving average of $109.60.

Consolidated Edison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Wednesday, August 19th will be given a $0.8875 dividend. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, August 19th. Consolidated Edison’s dividend payout ratio (DPR) is 59.76%.

Institutional Trading of Consolidated Edison

A number of hedge funds have recently bought and sold shares of the company. Lazard Asset Management LLC grew its position in Consolidated Edison by 121,543.9% during the third quarter. Lazard Asset Management LLC now owns 5,960,553 shares of the utilities provider’s stock valued at $599,155,000 after acquiring an additional 5,955,653 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Consolidated Edison by 104.6% in the 3rd quarter. AQR Capital Management LLC now owns 1,905,678 shares of the utilities provider’s stock worth $190,530,000 after acquiring an additional 974,419 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in shares of Consolidated Edison by 94.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 1,904,876 shares of the utilities provider’s stock worth $191,478,000 after acquiring an additional 926,716 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Consolidated Edison in the 4th quarter valued at $89,005,000. Finally, State Street Corp boosted its stake in shares of Consolidated Edison by 3.6% in the 4th quarter. State Street Corp now owns 24,905,440 shares of the utilities provider’s stock valued at $2,473,608,000 after purchasing an additional 854,868 shares in the last quarter. Institutional investors own 66.29% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Evercore set a $116.00 target price on shares of Consolidated Edison in a report on Monday, May 11th. Morgan Stanley restated an “underweight” rating on shares of Consolidated Edison in a research report on Wednesday, July 22nd. Wells Fargo & Company set a $98.00 price target on shares of Consolidated Edison in a report on Tuesday, April 21st. The Goldman Sachs Group reissued a “sell” rating and set a $105.00 price objective on shares of Consolidated Edison in a research note on Thursday, May 14th. Finally, Mizuho set a $114.00 target price on Consolidated Edison in a research report on Monday, July 27th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $108.47.

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.