Consolidated Edison, Inc (ED) concluded trading on Wednesday at a closing price of $100.20, with 5.51 million shares of worth about $552.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.34% during that period and on March 05, 2025 the price saw a loss of about -1.91%. Currently the company’s common shares owned by public are about 347.00M shares, out of which, 345.97M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Stock saw a price change of 0.24% in past 5 days and over the past one month there was a price change of 4.79%. Year-to-date (YTD), ED shares are showing a performance of 12.29% which increased to 15.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $87.16 but also hit the highest price of $107.75 during that period. The average intraday trading volume for Consolidated Edison, Inc shares is 2.51 million. The stock is currently trading 2.28% above its 20-day simple moving average (SMA20), while that difference is up 6.93% for SMA50 and it goes to 3.42% higher than SMA200.
Consolidated Edison, Inc (NYSE: ED) currently have 347.00M outstanding shares and institutions hold larger chunk of about 72.41% of that.
The stock has a current market capitalization of $34.74B and its 3Y-monthly beta is at 0.30. PE ratio of stock for trailing 12 months is 19.12, while it has posted earnings per share of $5.24 in the same period. Its PEG reads 3.50 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 1.27. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ED, volatility over the week remained 2.67% while standing at 2.02% over the month.
Stock’s fiscal year EPS is expected to rise by 4.11% while it is estimated to increase by 6.66% in next year. EPS is likely to grow at an annualized rate of 5.46% for next 5-years, compared to annual growth of 5.15% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Scotiabank on December 12, 2024 offering a Sector perform rating for the stock and assigned a target price range of between $90 and $100 to it. Coverage by Citigroup stated Consolidated Edison, Inc (ED) stock as a Buy in their note to investors on October 15, 2024, suggesting a price target of $116 for the stock. On October 09, 2024, Jefferies Initiated their recommendations, while on July 22, 2024, Barclays Downgrade their ratings for the stock with a price target of $92. Stock get a Sector weight rating from KeyBanc Capital Markets on January 04, 2024.
