Consolidated Edison is a regulated electric utility company located in New York, United States, which is part of the Utilities sector, and is traded under the ticker ED on the NYSE exchange.
Consolidated Edison stock last closed at $92.44, up 0.86% from the previous day, and has decreased 4.3% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.04 percentage points. Consolidated Edison stock is currently +14.89% from its 52-week low of $80.46, and -8.4% from its 52-week high of $100.92.
There are currently 345.22M ED shares outstanding. The market capitalization of ED is $31.91B. In the last 24 hours, 3.02M ED shares were traded.
You need a brokerage account to access the NYSE market and buy ED stock.
We believe that eToro is the best brokerage. eToro gives you:
Get $10 towards your share purchase by creating an account with eToro now.Open eToro Account
Now that you've selected your brokerage, you'll need to fill out some personal info so you can invest in ED stock today.
Now that you have filled out your info on the best stock app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing funds into your investment account.
After you have selected the best place to buy Consolidated Edison stock, it's very important to evaluate their stock before you buy, so you can comprehend the risk and opportunity.
WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ED's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge ED's fair value.
Using relative valuations measures:
You can do additional valuation analysis on ED's stock here.
Out of 10 sell side analysts who monitor ED, the consensus analyst rating on ED is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Shelby Tucker, a top 20% analyst from RBC Capital maintains ED with a hold rating and lowers their ED price target from $97.00 to $92.00, on Sep 6, 2023.
Anthony Crowdell, a top 24% analyst from Mizuho maintains ED with a hold rating and lowers their ED price target from $95.00 to $89.00, on Sep 5, 2023.
Julien Dumoulin-Smith, a top 6% analyst from Bank of America maintains ED with a strong buy rating and lowers their ED price target from $103.00 to $96.00, on Aug 16, 2023.
Ryan Levine, a bottom 11% analyst from Citigroup reiterates ED with a hold rating and maintains their ED price target from $103.00 to $103.00, on Jul 12, 2023.
Shahriar Pourreza, a bottom 13% analyst from Guggenheim maintains ED with a hold rating and lowers their ED price target from $90.00 to $85.00, on Jul 7, 2023.
You can dig deeper into what analysts are forecasting on the Consolidated Edison stock forecast page.
Last year, ED earnings were $2.38B. During the past five year, ED's earnings have increased by 6.16% per year. This was faster than the Utilities - Regulated Electric industry average of -0.31%.
Last year, ED revenue was $15.25B. Over the last 5 year, ED's revenue has grown by 4.31% per year. This was slower than the Utilities - Regulated Electric industry average of 4.36%.
Find out more about ED's earnings and revenue performance here.
Over the last 12 months, insiders at ED have sold more shares than they have bought.
Timothy Cawley, Chairman President CEO of ED, was the latest ED insider to buy. They bought $2,252.75 worth of ED stock on Nov 30, 2023.
Learn more about who owns ED shares here.
Consolidated Edison pays a dividend of 3.5%, compared to the Utilities - Regulated Electric industry's average dividend yield of 4.26%. If you owned $1,000 worth of ED stock, you would have received $35.05 in the past 12 months.
Consolidated Edison dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Consolidated Edison dividend yield and history here.
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
You have two primary types of orders:
Press the Open Trade button and eToro will place the order.
If you require additional help with investing in stocks on eToro, click the how to video below:
Now that you own some shares in ED, you'll want to stay up-to-date on your stock purchase.
Put ED on a watchlist to track the latest developments regarding your ED stock.
To summarize, here are the 6 steps you need to take to buy Consolidated Edison stock right now:
If you need a place to buy stocks, eToro is our recommended venue.Get Started with eToro Today
If you would like to get the latest scoop on your investment in Consolidated Edison, hit the button below to create your watchlist.
How much does it cost to buy one Consolidated Edison share?
Is now a good time to buy Consolidated Edison stock?
What is the best way to buy Consolidated Edison stock?