Consolidated Edison（ED）株式概要Consolidated Edison, Inc.はその子会社を通じて、米国で規制対象の電気、ガス、蒸気供給事業を行っている。 詳細ED ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績5/6財務の健全性3/6配当金4/6報酬株価収益率（ 18.6 x）は、 Integrated Utilities業界平均（ 21 x）を下回っています。収益は年間7.93%増加すると予測されています 過去1年間で収益は14%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析負債は営業キャッシュフローで十分にカバーされていない 過去3か月間に大規模なインサイダー売却が発生 3.27%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るED Community Fair Values Create NarrativeSee what 30 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$108.5429.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture021b2016201920222025202620282031Revenue US$20.9bEarnings US$2.6bAdvancedSet Fair ValueView all narrativesConsolidated Edison, Inc. 競合他社Public Service Enterprise GroupSymbol: NYSE:PEGMarket cap: US$39.6bWEC Energy GroupSymbol: NYSE:WECMarket cap: US$36.9bAmerenSymbol: NYSE:AEEMarket cap: US$30.8bDTE EnergySymbol: NYSE:DTEMarket cap: US$30.2b価格と性能株価の高値、安値、推移の概要Consolidated Edison過去の株価現在の株価US$108.5452週高値US$116.2352週安値US$94.96ベータ0.291ヶ月の変化-0.48%3ヶ月変化-2.22%1年変化4.40%3年間の変化17.26%5年間の変化42.01%IPOからの変化1,235.88%最新ニュースライブニュース • May 18Consolidated Edison Exceeds Revenue Forecasts but Adjusted EPS Falls Short While Guidance HeldConsolidated Edison reported Q1 2026 revenue of US$5.1b, a 6.2% year-over-year increase that was above analyst expectations. Adjusted EPS was US$2.17, below the consensus estimate of US$2.32, while GAAP net income reached US$924 million, supported by a US$357.5 million gain from the sale of its 6.6% stake in Mountain Valley Pipeline, LLC. The company reaffirmed its full-year 2026 adjusted EPS guidance of US$6.00 to US$6.20 and filed for a US$2b at-the-market common stock offering to support infrastructure and electrification investments, with the stock slightly outperforming the Utilities sector since the release and analysts maintaining a “Hold” stance while trimming price targets. The combination of reaffirmed EPS guidance and an at-the-market equity program shows that management is using external capital to fund grid and electrification projects while signaling confidence in the existing earnings outlook. Key watchpoints include how the new equity issuance affects per-share metrics over time and whether ongoing investments result in earnings that support the current valuation and dividend profile.Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$2.55 (up from US$2.26 in 1Q 2025). Revenue: US$5.10b (up 6.2% from 1Q 2025). Net income: US$924.0m (up 17% from 1Q 2025). Profit margin: 18% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • May 10Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market OfferingUpcoming Dividend • May 06Upcoming dividend of US$0.89 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.2%).Declared Dividend • Apr 20Fourth quarter dividend of US$0.89 announcedShareholders will receive a dividend of US$0.89. Ex-date: 13th May 2026 Payment date: 15th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (dividend approximately 36x free cash flows). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 17Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on June 15, 2026Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable June 15, 2026 to stockholders of record as of May 13, 2026.最新情報をもっと見るRecent updatesライブニュース • May 18Consolidated Edison Exceeds Revenue Forecasts but Adjusted EPS Falls Short While Guidance HeldConsolidated Edison reported Q1 2026 revenue of US$5.1b, a 6.2% year-over-year increase that was above analyst expectations. Adjusted EPS was US$2.17, below the consensus estimate of US$2.32, while GAAP net income reached US$924 million, supported by a US$357.5 million gain from the sale of its 6.6% stake in Mountain Valley Pipeline, LLC. The company reaffirmed its full-year 2026 adjusted EPS guidance of US$6.00 to US$6.20 and filed for a US$2b at-the-market common stock offering to support infrastructure and electrification investments, with the stock slightly outperforming the Utilities sector since the release and analysts maintaining a “Hold” stance while trimming price targets. The combination of reaffirmed EPS guidance and an at-the-market equity program shows that management is using external capital to fund grid and electrification projects while signaling confidence in the existing earnings outlook. Key watchpoints include how the new equity issuance affects per-share metrics over time and whether ongoing investments result in earnings that support the current valuation and dividend profile.Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$2.55 (up from US$2.26 in 1Q 2025). Revenue: US$5.10b (up 6.2% from 1Q 2025). Net income: US$924.0m (up 17% from 1Q 2025). Profit margin: 18% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • May 10Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market OfferingUpcoming Dividend • May 06Upcoming dividend of US$0.89 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.2%).Declared Dividend • Apr 20Fourth quarter dividend of US$0.89 announcedShareholders will receive a dividend of US$0.89. Ex-date: 13th May 2026 Payment date: 15th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (dividend approximately 36x free cash flows). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 17Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on June 15, 2026Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable June 15, 2026 to stockholders of record as of May 13, 2026.お知らせ • Apr 09+ 1 more updateConsolidated Edison, Inc., Annual General Meeting, May 18, 2026Consolidated Edison, Inc., Annual General Meeting, May 18, 2026.Seeking Alpha • Mar 26Consolidated Edison: A Defensive Allocation, But Return Expectations Remain ModerateSummary Consolidated Edison, Inc. trades at 1.64x book value and 19.48x earnings, reflecting fair valuations without signs of mispricing. ED's per share book value grew identically with price returns at around ~4% CAGR over ten years, with a total return CAGR of ~7.5%. Forward expectations suggest ED might return identical to past performances at around ~6.5%-7.5%, unless we see a decline in interest rates leading to multiple expansion. ED therefore is rated as a hold at present. The market price at current is fairly valued in terms of return prospects and the predictability offered by the business. Read the full article on Seeking AlphaNew Risk • Mar 10New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 35x cash flows per share). Significant insider selling over the past 3 months (US$1.1m sold).お知らせ • Feb 25+ 1 more updateConsolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $775.67 million.Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $775.67 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,000,000 Price\Range: $110.81 Discount Per Security: $0Recent Insider Transactions Derivative • Feb 23Chairman exercised options and sold US$3.8m worth of stockOn the 18th of February, Timothy Cawley exercised options to acquire 34k shares at no cost and sold these for an average price of US$114 per share. This trade did not impact their existing holding. For the year to December 2019, Timothy's total compensation was 9% salary and 91% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Timothy's direct individual holding has increased from 6.84k shares to 126.61k. Company insiders have collectively sold US$8.5m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Feb 20Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: US$5.66 (up from US$5.26 in FY 2024). Revenue: US$16.9b (up 11% from FY 2024). Net income: US$2.02b (up 11% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Upcoming Dividend • Feb 13Upcoming dividend of US$0.89 per shareEligible shareholders must have bought the stock before 18 February 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.2%).分析記事 • Jan 31Consolidated Edison (NYSE:ED) Will Pay A Larger Dividend Than Last Year At $0.8875Consolidated Edison, Inc. ( NYSE:ED ) will increase its dividend from last year's comparable payment on the 16th of...Declared Dividend • Jan 30Third quarter dividend increased to US$0.89Dividend of US$0.89 is 4.4% higher than last year. Ex-date: 18th February 2026 Payment date: 16th March 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 28Consolidated Edison, Inc. Declares Quarterly Common Stock Dividend, Payable on March 16, 2026Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable March 16, 2026 to stockholders of record as of February 18, 2026, an annualized increase of 15 cents over the previous annualized dividend of $3.40 a share.お知らせ • Jan 16Consolidated Edison, Inc. to Report Fiscal Year 2025 Results on Feb 19, 2026Consolidated Edison, Inc. announced that they will report fiscal year 2025 results After-Market on Feb 19, 2026Recent Insider Transactions Derivative • Jan 07Chairman exercised options and sold US$1.1m worth of stockOn the 31st of December, Timothy Cawley exercised options to acquire 11k shares at no cost and sold these for an average price of US$99.89 per share. This trade did not impact their existing holding. For the year to December 2019, Timothy's total compensation was 9% salary and 91% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Timothy's direct individual holding has increased from 6.84k shares to 126.61k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Jan 07A Look At The Intrinsic Value Of Consolidated Edison, Inc. (NYSE:ED)Key Insights Consolidated Edison's estimated fair value is US$99.72 based on Dividend Discount Model Current share...Upcoming Dividend • Nov 12Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 19 November 2025. Payment date: 15 December 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.2%).Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.91 (up from US$1.70 in 3Q 2024). Revenue: US$4.53b (up 11% from 3Q 2024). Net income: US$688.0m (up 17% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.お知らせ • Oct 22Consolidated Edison, Inc. to Report Q3, 2025 Results on Nov 06, 2025Consolidated Edison, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025お知らせ • Oct 17Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on December 15, 2025Consolidated Edison, Inc. declared a quarterly dividend of 85 cents a share on its common stock, payable December 15, 2025 to stockholders of record as of November 19, 2025.分析記事 • Sep 04Consolidated Edison (NYSE:ED) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.68 (up from US$0.58 in 2Q 2024). Revenue: US$3.60b (up 12% from 2Q 2024). Net income: US$246.0m (up 22% from 2Q 2024). Profit margin: 6.8% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.お知らせ • Aug 07Consolidated Edison, Inc. Elects Brendan Cavanagh to Board of Director, Safety, Environment, Operations and Sustainability Committees and the Audit Committees, Effective October 1, 2025Consolidated Edison, Inc. announced that its Board of Directors elected Brendan Cavanagh to Con Edison's Board of Directors, effective October 1, 2025. Mr. Cavanagh was appointed to the Safety, Environment, Operations and Sustainability Committees and the Audit Committees of the Boards, effective October 1, 2025. Mr. Cavanagh is currently the President and Chief Executive Officer of SBA Communications Corporation . Mr. Cavanagh is an experienced executive with broad financial expertise. He has been in his current role since January 2024, and has overseen a significant expansion of SBA's assets. Prior to becoming CEO, Mr. Cavanagh served as Chief Financial Officer of SBA for 15 years. During his 27-year career at SBA, he also served in other senior leadership roles, including Vice President and Chief Accounting Officer and Vice President of Site Administration. Prior to joining SBA, he worked for Arthur Andersen in the audit and assurance practice. Mr. Cavanagh holds a bachelor's degree in accounting from Wake Forest University, and a master's in business administration from Florida Atlantic University.Upcoming Dividend • Aug 06Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 13 August 2025. Payment date: 15 September 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (3.3%).Declared Dividend • Jul 21First quarter dividend of US$0.85 announcedShareholders will receive a dividend of US$0.85. Ex-date: 13th August 2025 Payment date: 15th September 2025 Dividend yield will be 3.3%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 18Con Edison Declares Common Stock Dividend, Payable on September 15, 2025Consolidated Edison, Inc. declared a quarterly dividend of 85 cents a share on its common stock, payable September 15, 2025 to stockholders of record as of August 13, 2025.分析記事 • Jul 15Estimating The Intrinsic Value Of Consolidated Edison, Inc. (NYSE:ED)Key Insights The projected fair value for Consolidated Edison is US$104 based on Dividend Discount Model Current share...お知らせ • Jul 11Consolidated Edison, Inc. to Report Q2, 2025 Results on Aug 07, 2025Consolidated Edison, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025分析記事 • Jun 30Consolidated Edison, Inc.'s (NYSE:ED) Price Is Out Of Tune With EarningsIt's not a stretch to say that Consolidated Edison, Inc.'s ( NYSE:ED ) price-to-earnings (or "P/E") ratio of 18.7x...分析記事 • May 31The Returns At Consolidated Edison (NYSE:ED) Aren't GrowingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Upcoming Dividend • May 07Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 14 May 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (3.4%).Reported Earnings • May 02First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$2.26 (up from US$2.08 in 1Q 2024). Revenue: US$4.80b (up 12% from 1Q 2024). Net income: US$791.0m (up 9.9% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.Declared Dividend • Apr 21Fourth quarter dividend of US$0.85 announcedShareholders will receive a dividend of US$0.85. Ex-date: 14th May 2025 Payment date: 16th June 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 18Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on June 16, 2025Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 85 cents a share on its common stock, payable June 16, 2025 to stockholders of record as of May 14, 2025.Seeking Alpha • Apr 15Consolidated Edison Keeps The Lights On While Investors Sleep Well At NightSummary Consolidated Edison offers stability with predictable income due to its status as a government-sanctioned monopoly in a densely populated region. Despite a decline in net income, the company maintains strong adjusted earnings and a consistent dividend growth streak of 51 years. Future growth is driven by investments in clean energy infrastructure, smart grid technologies, and EV charging stations. Consolidated Edison is a reliable, low-beta investment for income investors seeking steady dividends and long-term stability. Read the full article on Seeking Alphaお知らせ • Apr 12Consolidated Edison, Inc., Annual General Meeting, May 19, 2025Consolidated Edison, Inc., Annual General Meeting, May 19, 2025.お知らせ • Apr 10Consolidated Edison, Inc. to Report Q1, 2025 Results on May 01, 2025Consolidated Edison, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025お知らせ • Mar 06Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $631.3293 million.Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $631.3293 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 6,300,000 Price\Range: $100.211お知らせ • Mar 05Consolidated Edison, Inc. has filed a Follow-on Equity Offering.Consolidated Edison, Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 6,300,000Recent Insider Transactions Derivative • Feb 24Chairman exercised options and sold US$5.7m worth of stockOn the 19th of February, Timothy Cawley exercised options to acquire 60k shares at no cost and sold these for an average price of US$95.76 per share. This trade did not impact their existing holding. For the year to December 2018, Timothy's total compensation was 8% salary and 92% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Timothy's direct individual holding has increased from 86.42k shares to 111.57k. Company insiders have collectively sold US$8.8m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Feb 21Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$5.26 (down from US$7.25 in FY 2023). Revenue: US$15.3b (up 4.0% from FY 2023). Net income: US$1.82b (down 28% from FY 2023). Profit margin: 12% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.Upcoming Dividend • Feb 12Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 19 February 2025. Payment date: 14 March 2025. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.5%).Declared Dividend • Jan 20Third quarter dividend increased to US$0.85Dividend of US$0.85 is 2.4% higher than last year. Ex-date: 19th February 2025 Payment date: 14th March 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 17+ 1 more updateConsolidated Edison, Inc. to Report Fiscal Year 2024 Results on Feb 20, 2025Consolidated Edison, Inc. announced that they will report fiscal year 2024 results on Feb 20, 2025お知らせ • Dec 05Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $676.62 million.Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $676.62 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,000,000 Price\Range: $96.66お知らせ • Dec 04+ 1 more updateConsolidated Edison, Inc. has filed a Follow-on Equity Offering.Consolidated Edison, Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,000,000Seeking Alpha • Nov 13Consolidated Edison: Potential High-Single-Digit Returns With Low RiskSummary Consolidated Edison, a monopoly utility in NYC, is rated a Buy due to expected earnings growth and its status as a Dividend King. Despite a recent 5% share price dip, Con Edison’s Q3 earnings beat estimates, and the company revised its 2024 EPS guidance upward. Compared to peers, Con Edison’s net income margin and ROE lag, but its dividend yield remains competitive, making it attractive for income investors. While future price targets vary, Con Edison’s low-risk profile and consistent dividend growth make ED stock a solid choice for conservative investors. Read the full article on Seeking AlphaReported Earnings • Nov 08Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$1.70 (up from US$1.53 in 3Q 2023). Revenue: US$4.09b (up 5.7% from 3Q 2023). Net income: US$588.0m (up 12% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Nov 06Upcoming dividend of US$0.83 per shareEligible shareholders must have bought the stock before 13 November 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.5%).お知らせ • Oct 24Consolidated Edison, Inc. to Report Q3, 2024 Results on Nov 07, 2024Consolidated Edison, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024Declared Dividend • Oct 21Second quarter dividend of US$0.83 announcedShareholders will receive a dividend of US$0.83. Ex-date: 13th November 2024 Payment date: 16th December 2024 Dividend yield will be 3.1%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Oct 18Consolidated Edison, Inc. Declares Quarterly Common Stock Dividend, Payable on December 16, 2024Consolidated Edison, Inc. declared a quarterly dividend of 83 cents a share on its common stock, payable December 16, 2024 to stockholders of record as of November 13, 2024.Seeking Alpha • Oct 11Consolidated Edison: New York City Isn't Going AnywhereSummary Utilities, despite their 'boring' reputation, offer stable returns and act as a great inflation hedge, with many companies showing incredible long-term performance. ConEd's regulated monopoly in NYC ensures stable & growing revenue and operating income, making it a reliable long-term investment with a high single-digit ROE. The bullish outlook on NYC's sustained economic growth supports ConEd's potential for continued demand and stable returns over the long haul. We rate ConEd a 'Buy' for truly long-term oriented investors. Read the full article on Seeking AlphaUpcoming Dividend • Aug 07Upcoming dividend of US$0.83 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (3.7%).Reported Earnings • Aug 02Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.58 (down from US$0.65 in 2Q 2023). Revenue: US$3.22b (up 9.4% from 2Q 2023). Net income: US$202.0m (down 11% from 2Q 2023). Profit margin: 6.3% (down from 7.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Jul 28Why Consolidated Edison Is Expensive For What It OffersSummary I invest in utilities, including Enel, National Grid, Black Hills, and Northwestern Natural, with a goal to increase exposure. Utilities offer safe investment potential for value-conscious dividend investors seeking a 12-15% annualized rate of return. I updated my thesis on Consolidated Edison, a solid utility with sound fundamentals but valuation issues, leading to a "HOLD" rating. Read the full article on Seeking AlphaDeclared Dividend • Jul 22First quarter dividend of US$0.83 announcedShareholders will receive a dividend of US$0.83. Ex-date: 14th August 2024 Payment date: 16th September 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 19Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on September 16, 2024Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 83 cents a share on its common stock, payable September 16, 2024 to stockholders of record as of August 14, 2024.お知らせ • Jul 12Consolidated Edison, Inc. to Report Q2, 2024 Results on Aug 01, 2024Consolidated Edison, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024お知らせ • Jun 13+ 1 more updateConsolidated Edison, Inc. and Consolidated Edison Company of New York, Inc. Appoints Kirkland B Andrews as Executive Vice PresidentConsolidated Edison, Inc. and Consolidated Edison Company of New York, Inc. has named Kirkland B Andrews as its new executive vice president. Andrews is to report to the company's chairman and chief executive officer, Tim Cawley. Andrews has extensive finance experience, which includes 13 years serving in CFO roles at public utilities. He works on the board of directors for RPM International Inc. He has earlier worked as executive vice president and chief financial officer at NRG Energy, Inc, and as managing director at Deutsche Bank Securities and Citigroup Global Markets.Seeking Alpha • May 13Consolidated Edison: Below-Sector EPS Growth, Mixed Momentum TrendsSummary The S&P 500 Utilities sector has performed well recently, with the XLU ETF up 10% in the past month. The latest narrative permeating Wall Street desks is that utilities may offer exposure to the artificial intelligence theme. But I see shares of Consolidated Edison as fairly valued today, and though ED features a decent chart, a durable breakout is not yet seen. After a strong Q1 beat, I highlight key levels on the chart to monitor. Read the full article on Seeking AlphaUpcoming Dividend • May 10Upcoming dividend of US$0.83 per shareEligible shareholders must have bought the stock before 14 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (3.7%).Reported Earnings • May 03First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$2.08 (down from US$4.06 in 1Q 2023). Revenue: US$4.28b (down 2.8% from 1Q 2023). Net income: US$720.0m (down 50% from 1Q 2023). Profit margin: 17% (down from 33% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Declared Dividend • Apr 22Fourth quarter dividend of US$0.83 announcedShareholders will receive a dividend of US$0.83. Ex-date: 14th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.1% over the next 3 years. However, it would need to fall by 50% to increase the payout ratio to a potentially unsustainable range.お知らせ • Apr 19Consolidated Edison, Inc. Declares Quarterly Dividend, Payable June 14, 2024Consolidated Edison, Inc. declared a quarterly dividend of 83 cents a share on its common stock, payable June 14, 2024 to stockholders of record as of May 15,2024.お知らせ • Apr 12Consolidated Edison, Inc. to Report Q1, 2024 Results on May 02, 2024Consolidated Edison, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024お知らせ • Apr 11Consolidated Edison, Inc., Annual General Meeting, May 20, 2024Consolidated Edison, Inc., Annual General Meeting, May 20, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect as the members of the Board of Directors the twelve nominees named in the Proxy Statement; to ratify the appointment of PricewaterhouseCoopers LLP as independent accountants for 2024; to approve, on an advisory basis, named executive officer compensation; to approve the Company’s Stock Purchase Plan; and to transact such other business as may properly come before the meeting, or any adjournment or postponement of the meeting.Seeking Alpha • Feb 27Consolidated Edison: Dividends Keep Growing But At A Minimal RateSummary Consolidated Edison is a utility company that distributes electricity, gas, and steam energy to about 4 million people in New York. The company has been making big investments in clean energy, mostly driven by new rules and regulations. It has a 50-year history of dividend hikes, but most of the hikes in recent years have been very small 2-3% raises. It has a decent and safe 3.8% yield, but don't expect any aggressive dividend growth. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Feb 16Chairman exercised options and sold US$5.7m worth of stockOn the 14th of February, Timothy Cawley exercised options to acquire 66k shares at no cost and sold these for an average price of US$86.67 per share. This trade did not impact their existing holding. For the year to December 2017, Timothy's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Timothy's direct individual holding has increased from 19.48k shares to 20.25k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Feb 06Upcoming dividend of US$0.83 per share at 3.6% yieldEligible shareholders must have bought the stock before 13 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (4.1%).Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 6 highly experienced directors. Independent Director Karol Mason was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 19Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on March 15, 2024Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 83 cents a share on its common stock, payable March 15, 2024 to stockholders of record as of February 14, 2024, an annualized increase of 8 cents over the previous annualized dividend of $3.24 a share.お知らせ • Jan 17Consolidated Edison, Inc. to Report Q4, 2023 Results on Feb 15, 2024Consolidated Edison, Inc. announced that they will report Q4, 2023 results After-Market on Feb 15, 2024株主還元EDUS Integrated UtilitiesUS 市場7D0.4%2.5%1.2%1Y4.4%12.5%28.7%株主還元を見る業界別リターン: ED過去 1 年間で12.5 % の収益を上げたUS Integrated Utilities業界を下回りました。リターン対市場: EDは、過去 1 年間で28.7 % のリターンを上げたUS市場を下回りました。価格変動Is ED's price volatile compared to industry and market?ED volatilityED Average Weekly Movement2.4%Integrated Utilities Industry Average Movement2.7%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%安定した株価: ED 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: EDの 週次ボラティリティ ( 2% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト182315,407Tim Cawleywww.conedison.comコンソリデーテッド・エジソン社はその子会社を通じて、米国で規制対象の電気、ガス、蒸気供給事業に従事している。マンハッタン、ブロンクス、クイーンズの一部、ウェストチェスター郡で約110万の顧客にガスを、マンハッタンの一部で約1,490の顧客に蒸気を供給している。また、ニューヨーク州南東部とニュージャージー州北部の約0.3百万件の顧客に電力を、ニューヨーク州南東部の約0.1百万件の顧客にガスを供給している。さらに、552マイルの送電線、16の送電変電所、63の配電変電所、89,675台の稼働中変圧器、3,764マイルの架空配電線、2,417マイルの地下配電線、4,374マイルの本管、379,939本の天然ガス配給用サービスラインを運営している。さらに、電気とガスの送電プロジェクトにも投資している。同社は主に産業、商業、住宅、政府顧客に電力を販売している。コンソリデーテッド・エジソン社は1823年に設立され、ニューヨーク州 ニューヨークに本社を置いている。もっと見るConsolidated Edison, Inc. 基礎のまとめConsolidated Edison の収益と売上を時価総額と比較するとどうか。ED 基礎統計学時価総額US$40.00b収益（TTM）US$2.16b売上高(TTM)US$17.22b18.6xPER（株価収益率2.3xP/SレシオED は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ED 損益計算書（TTM）収益US$17.22b売上原価US$8.06b売上総利益US$9.16bその他の費用US$7.00b収益US$2.16b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）5.85グロス・マージン53.19%純利益率12.52%有利子負債／自己資本比率104.2%ED の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.3%現在の配当利回り57%配当性向ED 配当は確実ですか？ED 配当履歴とベンチマークを見るED 、いつまでに購入すれば配当金を受け取れますか？Consolidated Edison 配当日配当落ち日May 13 2026配当支払日Jun 15 2026配当落ちまでの日数13 days配当支払日までの日数20 daysED 配当は確実ですか？ED 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 10:56終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Consolidated Edison, Inc. 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24 アナリスト機関Jacob KilsteinArgus Research CompanyDaniel FordBarclaysNicholas CampanellaBarclays21 その他のアナリストを表示
ライブニュース • May 18Consolidated Edison Exceeds Revenue Forecasts but Adjusted EPS Falls Short While Guidance HeldConsolidated Edison reported Q1 2026 revenue of US$5.1b, a 6.2% year-over-year increase that was above analyst expectations. Adjusted EPS was US$2.17, below the consensus estimate of US$2.32, while GAAP net income reached US$924 million, supported by a US$357.5 million gain from the sale of its 6.6% stake in Mountain Valley Pipeline, LLC. The company reaffirmed its full-year 2026 adjusted EPS guidance of US$6.00 to US$6.20 and filed for a US$2b at-the-market common stock offering to support infrastructure and electrification investments, with the stock slightly outperforming the Utilities sector since the release and analysts maintaining a “Hold” stance while trimming price targets. The combination of reaffirmed EPS guidance and an at-the-market equity program shows that management is using external capital to fund grid and electrification projects while signaling confidence in the existing earnings outlook. Key watchpoints include how the new equity issuance affects per-share metrics over time and whether ongoing investments result in earnings that support the current valuation and dividend profile.
Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$2.55 (up from US$2.26 in 1Q 2025). Revenue: US$5.10b (up 6.2% from 1Q 2025). Net income: US$924.0m (up 17% from 1Q 2025). Profit margin: 18% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • May 10Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market Offering
Upcoming Dividend • May 06Upcoming dividend of US$0.89 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.2%).
Declared Dividend • Apr 20Fourth quarter dividend of US$0.89 announcedShareholders will receive a dividend of US$0.89. Ex-date: 13th May 2026 Payment date: 15th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (dividend approximately 36x free cash flows). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 17Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on June 15, 2026Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable June 15, 2026 to stockholders of record as of May 13, 2026.
ライブニュース • May 18Consolidated Edison Exceeds Revenue Forecasts but Adjusted EPS Falls Short While Guidance HeldConsolidated Edison reported Q1 2026 revenue of US$5.1b, a 6.2% year-over-year increase that was above analyst expectations. Adjusted EPS was US$2.17, below the consensus estimate of US$2.32, while GAAP net income reached US$924 million, supported by a US$357.5 million gain from the sale of its 6.6% stake in Mountain Valley Pipeline, LLC. The company reaffirmed its full-year 2026 adjusted EPS guidance of US$6.00 to US$6.20 and filed for a US$2b at-the-market common stock offering to support infrastructure and electrification investments, with the stock slightly outperforming the Utilities sector since the release and analysts maintaining a “Hold” stance while trimming price targets. The combination of reaffirmed EPS guidance and an at-the-market equity program shows that management is using external capital to fund grid and electrification projects while signaling confidence in the existing earnings outlook. Key watchpoints include how the new equity issuance affects per-share metrics over time and whether ongoing investments result in earnings that support the current valuation and dividend profile.
Reported Earnings • May 11First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$2.55 (up from US$2.26 in 1Q 2025). Revenue: US$5.10b (up 6.2% from 1Q 2025). Net income: US$924.0m (up 17% from 1Q 2025). Profit margin: 18% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • May 10Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Security Name: Common Shares Security Type: Common Stock Transaction Features: At the Market Offering
Upcoming Dividend • May 06Upcoming dividend of US$0.89 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.2%).
Declared Dividend • Apr 20Fourth quarter dividend of US$0.89 announcedShareholders will receive a dividend of US$0.89. Ex-date: 13th May 2026 Payment date: 15th June 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (dividend approximately 36x free cash flows). The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 17Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on June 15, 2026Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable June 15, 2026 to stockholders of record as of May 13, 2026.
お知らせ • Apr 09+ 1 more updateConsolidated Edison, Inc., Annual General Meeting, May 18, 2026Consolidated Edison, Inc., Annual General Meeting, May 18, 2026.
Seeking Alpha • Mar 26Consolidated Edison: A Defensive Allocation, But Return Expectations Remain ModerateSummary Consolidated Edison, Inc. trades at 1.64x book value and 19.48x earnings, reflecting fair valuations without signs of mispricing. ED's per share book value grew identically with price returns at around ~4% CAGR over ten years, with a total return CAGR of ~7.5%. Forward expectations suggest ED might return identical to past performances at around ~6.5%-7.5%, unless we see a decline in interest rates leading to multiple expansion. ED therefore is rated as a hold at present. The market price at current is fairly valued in terms of return prospects and the predictability offered by the business. Read the full article on Seeking Alpha
New Risk • Mar 10New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 35x cash flows per share). Significant insider selling over the past 3 months (US$1.1m sold).
お知らせ • Feb 25+ 1 more updateConsolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $775.67 million.Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $775.67 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,000,000 Price\Range: $110.81 Discount Per Security: $0
Recent Insider Transactions Derivative • Feb 23Chairman exercised options and sold US$3.8m worth of stockOn the 18th of February, Timothy Cawley exercised options to acquire 34k shares at no cost and sold these for an average price of US$114 per share. This trade did not impact their existing holding. For the year to December 2019, Timothy's total compensation was 9% salary and 91% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Timothy's direct individual holding has increased from 6.84k shares to 126.61k. Company insiders have collectively sold US$8.5m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Feb 20Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: US$5.66 (up from US$5.26 in FY 2024). Revenue: US$16.9b (up 11% from FY 2024). Net income: US$2.02b (up 11% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Upcoming Dividend • Feb 13Upcoming dividend of US$0.89 per shareEligible shareholders must have bought the stock before 18 February 2026. Payment date: 16 March 2026. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.2%).
分析記事 • Jan 31Consolidated Edison (NYSE:ED) Will Pay A Larger Dividend Than Last Year At $0.8875Consolidated Edison, Inc. ( NYSE:ED ) will increase its dividend from last year's comparable payment on the 16th of...
Declared Dividend • Jan 30Third quarter dividend increased to US$0.89Dividend of US$0.89 is 4.4% higher than last year. Ex-date: 18th February 2026 Payment date: 16th March 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 28Consolidated Edison, Inc. Declares Quarterly Common Stock Dividend, Payable on March 16, 2026Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable March 16, 2026 to stockholders of record as of February 18, 2026, an annualized increase of 15 cents over the previous annualized dividend of $3.40 a share.
お知らせ • Jan 16Consolidated Edison, Inc. to Report Fiscal Year 2025 Results on Feb 19, 2026Consolidated Edison, Inc. announced that they will report fiscal year 2025 results After-Market on Feb 19, 2026
Recent Insider Transactions Derivative • Jan 07Chairman exercised options and sold US$1.1m worth of stockOn the 31st of December, Timothy Cawley exercised options to acquire 11k shares at no cost and sold these for an average price of US$99.89 per share. This trade did not impact their existing holding. For the year to December 2019, Timothy's total compensation was 9% salary and 91% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Timothy's direct individual holding has increased from 6.84k shares to 126.61k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Jan 07A Look At The Intrinsic Value Of Consolidated Edison, Inc. (NYSE:ED)Key Insights Consolidated Edison's estimated fair value is US$99.72 based on Dividend Discount Model Current share...
Upcoming Dividend • Nov 12Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 19 November 2025. Payment date: 15 December 2025. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.2%).
Reported Earnings • Nov 07Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.91 (up from US$1.70 in 3Q 2024). Revenue: US$4.53b (up 11% from 3Q 2024). Net income: US$688.0m (up 17% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.8%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Oct 22Consolidated Edison, Inc. to Report Q3, 2025 Results on Nov 06, 2025Consolidated Edison, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025
お知らせ • Oct 17Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on December 15, 2025Consolidated Edison, Inc. declared a quarterly dividend of 85 cents a share on its common stock, payable December 15, 2025 to stockholders of record as of November 19, 2025.
分析記事 • Sep 04Consolidated Edison (NYSE:ED) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.68 (up from US$0.58 in 2Q 2024). Revenue: US$3.60b (up 12% from 2Q 2024). Net income: US$246.0m (up 22% from 2Q 2024). Profit margin: 6.8% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
お知らせ • Aug 07Consolidated Edison, Inc. Elects Brendan Cavanagh to Board of Director, Safety, Environment, Operations and Sustainability Committees and the Audit Committees, Effective October 1, 2025Consolidated Edison, Inc. announced that its Board of Directors elected Brendan Cavanagh to Con Edison's Board of Directors, effective October 1, 2025. Mr. Cavanagh was appointed to the Safety, Environment, Operations and Sustainability Committees and the Audit Committees of the Boards, effective October 1, 2025. Mr. Cavanagh is currently the President and Chief Executive Officer of SBA Communications Corporation . Mr. Cavanagh is an experienced executive with broad financial expertise. He has been in his current role since January 2024, and has overseen a significant expansion of SBA's assets. Prior to becoming CEO, Mr. Cavanagh served as Chief Financial Officer of SBA for 15 years. During his 27-year career at SBA, he also served in other senior leadership roles, including Vice President and Chief Accounting Officer and Vice President of Site Administration. Prior to joining SBA, he worked for Arthur Andersen in the audit and assurance practice. Mr. Cavanagh holds a bachelor's degree in accounting from Wake Forest University, and a master's in business administration from Florida Atlantic University.
Upcoming Dividend • Aug 06Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 13 August 2025. Payment date: 15 September 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (3.3%).
Declared Dividend • Jul 21First quarter dividend of US$0.85 announcedShareholders will receive a dividend of US$0.85. Ex-date: 13th August 2025 Payment date: 15th September 2025 Dividend yield will be 3.3%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 18Con Edison Declares Common Stock Dividend, Payable on September 15, 2025Consolidated Edison, Inc. declared a quarterly dividend of 85 cents a share on its common stock, payable September 15, 2025 to stockholders of record as of August 13, 2025.
分析記事 • Jul 15Estimating The Intrinsic Value Of Consolidated Edison, Inc. (NYSE:ED)Key Insights The projected fair value for Consolidated Edison is US$104 based on Dividend Discount Model Current share...
お知らせ • Jul 11Consolidated Edison, Inc. to Report Q2, 2025 Results on Aug 07, 2025Consolidated Edison, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025
分析記事 • Jun 30Consolidated Edison, Inc.'s (NYSE:ED) Price Is Out Of Tune With EarningsIt's not a stretch to say that Consolidated Edison, Inc.'s ( NYSE:ED ) price-to-earnings (or "P/E") ratio of 18.7x...
分析記事 • May 31The Returns At Consolidated Edison (NYSE:ED) Aren't GrowingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Upcoming Dividend • May 07Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 14 May 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (3.4%).
Reported Earnings • May 02First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$2.26 (up from US$2.08 in 1Q 2024). Revenue: US$4.80b (up 12% from 1Q 2024). Net income: US$791.0m (up 9.9% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.5%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.
Declared Dividend • Apr 21Fourth quarter dividend of US$0.85 announcedShareholders will receive a dividend of US$0.85. Ex-date: 14th May 2025 Payment date: 16th June 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 18Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on June 16, 2025Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 85 cents a share on its common stock, payable June 16, 2025 to stockholders of record as of May 14, 2025.
Seeking Alpha • Apr 15Consolidated Edison Keeps The Lights On While Investors Sleep Well At NightSummary Consolidated Edison offers stability with predictable income due to its status as a government-sanctioned monopoly in a densely populated region. Despite a decline in net income, the company maintains strong adjusted earnings and a consistent dividend growth streak of 51 years. Future growth is driven by investments in clean energy infrastructure, smart grid technologies, and EV charging stations. Consolidated Edison is a reliable, low-beta investment for income investors seeking steady dividends and long-term stability. Read the full article on Seeking Alpha
お知らせ • Apr 12Consolidated Edison, Inc., Annual General Meeting, May 19, 2025Consolidated Edison, Inc., Annual General Meeting, May 19, 2025.
お知らせ • Apr 10Consolidated Edison, Inc. to Report Q1, 2025 Results on May 01, 2025Consolidated Edison, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025
お知らせ • Mar 06Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $631.3293 million.Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $631.3293 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 6,300,000 Price\Range: $100.211
お知らせ • Mar 05Consolidated Edison, Inc. has filed a Follow-on Equity Offering.Consolidated Edison, Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 6,300,000
Recent Insider Transactions Derivative • Feb 24Chairman exercised options and sold US$5.7m worth of stockOn the 19th of February, Timothy Cawley exercised options to acquire 60k shares at no cost and sold these for an average price of US$95.76 per share. This trade did not impact their existing holding. For the year to December 2018, Timothy's total compensation was 8% salary and 92% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Timothy's direct individual holding has increased from 86.42k shares to 111.57k. Company insiders have collectively sold US$8.8m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Feb 21Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$5.26 (down from US$7.25 in FY 2023). Revenue: US$15.3b (up 4.0% from FY 2023). Net income: US$1.82b (down 28% from FY 2023). Profit margin: 12% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year.
Upcoming Dividend • Feb 12Upcoming dividend of US$0.85 per shareEligible shareholders must have bought the stock before 19 February 2025. Payment date: 14 March 2025. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.5%).
Declared Dividend • Jan 20Third quarter dividend increased to US$0.85Dividend of US$0.85 is 2.4% higher than last year. Ex-date: 19th February 2025 Payment date: 14th March 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 17+ 1 more updateConsolidated Edison, Inc. to Report Fiscal Year 2024 Results on Feb 20, 2025Consolidated Edison, Inc. announced that they will report fiscal year 2024 results on Feb 20, 2025
お知らせ • Dec 05Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $676.62 million.Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $676.62 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,000,000 Price\Range: $96.66
お知らせ • Dec 04+ 1 more updateConsolidated Edison, Inc. has filed a Follow-on Equity Offering.Consolidated Edison, Inc. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,000,000
Seeking Alpha • Nov 13Consolidated Edison: Potential High-Single-Digit Returns With Low RiskSummary Consolidated Edison, a monopoly utility in NYC, is rated a Buy due to expected earnings growth and its status as a Dividend King. Despite a recent 5% share price dip, Con Edison’s Q3 earnings beat estimates, and the company revised its 2024 EPS guidance upward. Compared to peers, Con Edison’s net income margin and ROE lag, but its dividend yield remains competitive, making it attractive for income investors. While future price targets vary, Con Edison’s low-risk profile and consistent dividend growth make ED stock a solid choice for conservative investors. Read the full article on Seeking Alpha
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: US$1.70 (up from US$1.53 in 3Q 2023). Revenue: US$4.09b (up 5.7% from 3Q 2023). Net income: US$588.0m (up 12% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Nov 06Upcoming dividend of US$0.83 per shareEligible shareholders must have bought the stock before 13 November 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (3.5%).
お知らせ • Oct 24Consolidated Edison, Inc. to Report Q3, 2024 Results on Nov 07, 2024Consolidated Edison, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024
Declared Dividend • Oct 21Second quarter dividend of US$0.83 announcedShareholders will receive a dividend of US$0.83. Ex-date: 13th November 2024 Payment date: 16th December 2024 Dividend yield will be 3.1%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Oct 18Consolidated Edison, Inc. Declares Quarterly Common Stock Dividend, Payable on December 16, 2024Consolidated Edison, Inc. declared a quarterly dividend of 83 cents a share on its common stock, payable December 16, 2024 to stockholders of record as of November 13, 2024.
Seeking Alpha • Oct 11Consolidated Edison: New York City Isn't Going AnywhereSummary Utilities, despite their 'boring' reputation, offer stable returns and act as a great inflation hedge, with many companies showing incredible long-term performance. ConEd's regulated monopoly in NYC ensures stable & growing revenue and operating income, making it a reliable long-term investment with a high single-digit ROE. The bullish outlook on NYC's sustained economic growth supports ConEd's potential for continued demand and stable returns over the long haul. We rate ConEd a 'Buy' for truly long-term oriented investors. Read the full article on Seeking Alpha
Upcoming Dividend • Aug 07Upcoming dividend of US$0.83 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (3.7%).
Reported Earnings • Aug 02Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: US$0.58 (down from US$0.65 in 2Q 2023). Revenue: US$3.22b (up 9.4% from 2Q 2023). Net income: US$202.0m (down 11% from 2Q 2023). Profit margin: 6.3% (down from 7.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Jul 28Why Consolidated Edison Is Expensive For What It OffersSummary I invest in utilities, including Enel, National Grid, Black Hills, and Northwestern Natural, with a goal to increase exposure. Utilities offer safe investment potential for value-conscious dividend investors seeking a 12-15% annualized rate of return. I updated my thesis on Consolidated Edison, a solid utility with sound fundamentals but valuation issues, leading to a "HOLD" rating. Read the full article on Seeking Alpha
Declared Dividend • Jul 22First quarter dividend of US$0.83 announcedShareholders will receive a dividend of US$0.83. Ex-date: 14th August 2024 Payment date: 16th September 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 19Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on September 16, 2024Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 83 cents a share on its common stock, payable September 16, 2024 to stockholders of record as of August 14, 2024.
お知らせ • Jul 12Consolidated Edison, Inc. to Report Q2, 2024 Results on Aug 01, 2024Consolidated Edison, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024
お知らせ • Jun 13+ 1 more updateConsolidated Edison, Inc. and Consolidated Edison Company of New York, Inc. Appoints Kirkland B Andrews as Executive Vice PresidentConsolidated Edison, Inc. and Consolidated Edison Company of New York, Inc. has named Kirkland B Andrews as its new executive vice president. Andrews is to report to the company's chairman and chief executive officer, Tim Cawley. Andrews has extensive finance experience, which includes 13 years serving in CFO roles at public utilities. He works on the board of directors for RPM International Inc. He has earlier worked as executive vice president and chief financial officer at NRG Energy, Inc, and as managing director at Deutsche Bank Securities and Citigroup Global Markets.
Seeking Alpha • May 13Consolidated Edison: Below-Sector EPS Growth, Mixed Momentum TrendsSummary The S&P 500 Utilities sector has performed well recently, with the XLU ETF up 10% in the past month. The latest narrative permeating Wall Street desks is that utilities may offer exposure to the artificial intelligence theme. But I see shares of Consolidated Edison as fairly valued today, and though ED features a decent chart, a durable breakout is not yet seen. After a strong Q1 beat, I highlight key levels on the chart to monitor. Read the full article on Seeking Alpha
Upcoming Dividend • May 10Upcoming dividend of US$0.83 per shareEligible shareholders must have bought the stock before 14 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (3.7%).
Reported Earnings • May 03First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$2.08 (down from US$4.06 in 1Q 2023). Revenue: US$4.28b (down 2.8% from 1Q 2023). Net income: US$720.0m (down 50% from 1Q 2023). Profit margin: 17% (down from 33% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Integrated Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Apr 22Fourth quarter dividend of US$0.83 announcedShareholders will receive a dividend of US$0.83. Ex-date: 14th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.1% over the next 3 years. However, it would need to fall by 50% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Apr 19Consolidated Edison, Inc. Declares Quarterly Dividend, Payable June 14, 2024Consolidated Edison, Inc. declared a quarterly dividend of 83 cents a share on its common stock, payable June 14, 2024 to stockholders of record as of May 15,2024.
お知らせ • Apr 12Consolidated Edison, Inc. to Report Q1, 2024 Results on May 02, 2024Consolidated Edison, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024
お知らせ • Apr 11Consolidated Edison, Inc., Annual General Meeting, May 20, 2024Consolidated Edison, Inc., Annual General Meeting, May 20, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect as the members of the Board of Directors the twelve nominees named in the Proxy Statement; to ratify the appointment of PricewaterhouseCoopers LLP as independent accountants for 2024; to approve, on an advisory basis, named executive officer compensation; to approve the Company’s Stock Purchase Plan; and to transact such other business as may properly come before the meeting, or any adjournment or postponement of the meeting.
Seeking Alpha • Feb 27Consolidated Edison: Dividends Keep Growing But At A Minimal RateSummary Consolidated Edison is a utility company that distributes electricity, gas, and steam energy to about 4 million people in New York. The company has been making big investments in clean energy, mostly driven by new rules and regulations. It has a 50-year history of dividend hikes, but most of the hikes in recent years have been very small 2-3% raises. It has a decent and safe 3.8% yield, but don't expect any aggressive dividend growth. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Feb 16Chairman exercised options and sold US$5.7m worth of stockOn the 14th of February, Timothy Cawley exercised options to acquire 66k shares at no cost and sold these for an average price of US$86.67 per share. This trade did not impact their existing holding. For the year to December 2017, Timothy's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Timothy's direct individual holding has increased from 19.48k shares to 20.25k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Feb 06Upcoming dividend of US$0.83 per share at 3.6% yieldEligible shareholders must have bought the stock before 13 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (4.1%).
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 6 highly experienced directors. Independent Director Karol Mason was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 19Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on March 15, 2024Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 83 cents a share on its common stock, payable March 15, 2024 to stockholders of record as of February 14, 2024, an annualized increase of 8 cents over the previous annualized dividend of $3.24 a share.
お知らせ • Jan 17Consolidated Edison, Inc. to Report Q4, 2023 Results on Feb 15, 2024Consolidated Edison, Inc. announced that they will report Q4, 2023 results After-Market on Feb 15, 2024
