- Regulated Electric
- Utilities
-
5.15
EPS
-
19.61
P/E
-
35B
MARKET CAP
-
3.25%
DIV YIELD
Company Overview
4 IRVING PLACE,NEW YORK NY 10003,8005225635
CEO
Mr. Timothy P. Cawley
Employess
14592
Sector
Utilities
Industry
Regulated Electric
Website
https://www.conedison.com
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,555 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 533 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 87,564 in-service line transformers; 3,924 pole miles of overhead distribution lines; and 2,291 miles of underground distribution lines, as well as 4,350 miles of mains and 377,971 service lines for natural gas distribution. Further, the company owns, operates, and develops renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. The company was founded in 1823 and is based in New York, New York.
Next Earnings Date
Nov. 7, 2024
Ex Dividends date
Sep. 16, 2024
Dividend Date
Aug. 14, 2024
YTD Performance
9.32%
Fiscal Year End
12-31
IPO Date
2001-02-15
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 1.73% | 3.51% | 6.19% | -6.43% |
EPS | 7.18% | 10.32% | 30.07% | 54.70% |
Equity | 5.62% | 4.81% | 3.93% | 2.28% |
Cash | 5.84% | 5.85% | -2.22% | -7.25% |
Return On Capital (ROIC) | 5.55% | 5.35% | 5.22% | 5.80% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 2,650 | 3,790 | 2,040 | 3,930 | 3,200 |
Long Term Debt | 22,400 | 20,100 | 23,300 | 21,100 | 19,300 |
LT Finance Leases | 545 | 579 | 830 | 860 | 874 |
Shares Outstanding | 348 | 354 | 348 | 335 | 328 |
Market Cap | 31,600 | 33,800 | 29,700 | 24,200 | 29,700 |
Price
News
7 Dividend Aristocrats to Buy to Steadily Build Your Portfolio
1 monthDividend aristocrats make an excellent case for inclusion in your portfolio, irrespective of the underlying circumstances. To qualify as a dividend aristocrat, a stock must represent one of the S&P 500 companies and have boosted their dividend every year for at least 25 years.
investorplace.comThe 3 Best Utilities Stocks to Buy in August 2024
1 monthUtility stocks are looking attractive after wandering in the wilderness for the past couple of years due to high inflation and interest rates. High prices caused pushback on utility rate increases, while the capital-intensive nature of their operations left them languishing in the high interest rate environment.
investorplace.comConsolidated Edison (ED) Q2 Earnings Top, Revenues Rise Y/Y
2 monthsConsolidated Edison's (ED) second-quarter earnings and revenues beat estimates. The company's 2024 EPS outlook remains unchanged.
zacks.comCon Ed (ED) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
2 monthsAlthough the revenue and EPS for Con Ed (ED) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.comConsolidated Edison (ED) Q2 Earnings and Revenues Surpass Estimates
2 monthsConsolidated Edison (ED) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.61 per share a year ago.
zacks.comCON EDISON REPORTS 2024 SECOND QUARTER EARNINGS
2 monthsNEW YORK , Aug. 1, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 second quarter net income for common stock of $202 million or $0.58 a share compared with $226 million or $0.65 a share in the 2023 second quarter. Adjusted earnings (non-GAAP) were $203 million or $0.59 a share in the 2024 period compared with $210 million or $0.61 a share in the 2023 period.
prnewswire.comWhat to Expect From These 5 Utility Stocks in Q2 Earnings?
2 monthsLet's focus on utilities like XEL, ETR, D, PNW and ED, which are scheduled to release second-quarter 2024 earnings on Aug 1.
zacks.comBeat the Heat With These 3 Summertime Dividend Stocks
2 monthsWith soaring summer heat in America, some stocks will benefit from consumers turning down their thermostats and enjoying more time indoors. This should translate to higher spending on practical products and services such as air conditioning and related items.
investorplace.comConsolidated Edison (ED) to Post Q2 Earnings: What's in Store?
2 monthsConsolidated Edison's (ED) Q2 results are likely to benefit from a warmer-than-normal temperature pattern and strong rate-based growth. However, higher interest expenses may have hurt earnings.
zacks.comEarnings Preview: Consolidated Edison (ED) Q2 Earnings Expected to Decline
2 monthsCon Ed (ED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comGrab These 5 Overlooked Dividend Aristocrats Before Wall Street Catches On
2 months24/7 Insights The Dividend Aristocrats provide dependable passive income streams.
247wallst.comCON EDISON DECLARES COMMON STOCK DIVIDEND
2 monthsNEW YORK , July 18, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) 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. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues and $67 billion in assets.
prnewswire.com