Some Investing Thoughts On Consolidated Edison, Inc (NYSE: ED)

Consolidated Edison, Inc (ED) concluded trading on Wednesday at a closing price of $112.75, with 4.94 million shares of worth about $556.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.79% during that period and on April 30, 2025 the price saw a gain of about 0.55%. Currently the company’s common shares owned by public are about 360.20M shares, out of which, 359.43M shares are available for trading.

Stock saw a price change of 0.20% in past 5 days and over the past one month there was a price change of 1.95%. Year-to-date (YTD), ED shares are showing a performance of 26.36% which increased to 21.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $87.28 but also hit the highest price of $114.87 during that period. The average intraday trading volume for Consolidated Edison, Inc shares is 2.95 million. The stock is currently trading 2.08% above its 20-day simple moving average (SMA20), while that difference is up 5.73% for SMA50 and it goes to 12.58% higher than SMA200.

Consolidated Edison, Inc (NYSE: ED) currently have 360.20M outstanding shares and institutions hold larger chunk of about 69.65% of that.

The stock has a current market capitalization of $40.61B and its 3Y-monthly beta is at 0.28. PE ratio of stock for trailing 12 months is 21.51, while it has posted earnings per share of $5.24 in the same period. Its PEG reads 3.80 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 1.91% while standing at 2.56% over the month.

Stock’s fiscal year EPS is expected to rise by 4.20% while it is estimated to increase by 6.95% in next year. EPS is likely to grow at an annualized rate of 5.66% 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.

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