Consolidated Edison, Inc (NYSE:ED) has a beta value of 0.25 and has seen 1.64 million shares traded in the recent trading session. The company, currently valued at $35.23B, closed the recent trade at $97.78 per share which meant it lost -$2.41 on the day or -2.40% during that session. The ED stock price is -17.48% off its 52-week high price of $114.87 and 10.74% above the 52-week low of $87.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.26 million shares traded. The 3-month trading volume is 2.93 million shares.
The consensus among analysts is that Consolidated Edison, Inc (ED) is Hold stock at the moment, with a recommendation rating of 3.28. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 7 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight.
Consolidated Edison, Inc (NYSE:ED) trade information
Sporting -2.40% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ED stock price touched $97.78 or saw a rise of 4.58%. Year-to-date, Consolidated Edison, Inc shares have moved 8.24%, while the 5-day performance has seen it change -3.52%. Over the past 30 days, the shares of Consolidated Edison, Inc (NYSE:ED) have changed -6.07%. Short interest in the company has seen 7.15 million shares shorted with days to cover at 2.26.
Wall Street analysts have a consensus price target for the stock at $94, which means that the shares’ value could drop -4.02% from the levels at last check today.. The projected low price target is $94.0 while the price target rests at a high of $94.0. In that case, then, we find that the latest price level in today’s session is 3.87% off the targeted high while a plunge would see the stock lose 3.87% from the levels at last check today..
Consolidated Edison, Inc (ED) estimates and forecasts
The company’s shares have gained 9.78% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.15% over the past 5 years. Earnings growth for 2025 is a modest 4.16% while over the next 5 years, the company’s earnings are expected to increase by 5.54%.
ED Dividends
Consolidated Edison, Inc is expected to release its next earnings report on 2025-May-01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 3.36 at a share yield of 3.44%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.63%.
Consolidated Edison, Inc (NYSE:ED)’s Major holders
Insiders own 0.19% of the company shares, while shares held by institutions stand at 72.58% with a share float percentage of 72.72%. Investors are also buoyed by the number of investors in a company, with Consolidated Edison, Inc having a total of 1701.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 41.53 million shares worth more than $3.71 billion. As of 2024-06-30, VANGUARD GROUP INC held 12.0063% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 41.08 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.67 billion and represent 11.8775% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.09% shares in the company for having 11.15 shares of worth $1.09 billion while later fund manager owns 9.63 shares of worth $937.62 million as of Mar 31, 2025 , which makes it owner of about 2.67% of company’s outstanding stock.
