Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $98.05 in the prior trading day, Consolidated Edison, Inc (NYSE: ED) closed at $98.41, up 0.37%. In other words, the price has increased by $0.37 from its previous closing price. On the day, 2.65 million shares were traded. ED stock price reached its highest trading level at $98.69 during the session, while it also had its lowest trading level at $97.9.
Ratios:
Our goal is to gain a better understanding of ED by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.05.
On December 12, 2024, Scotiabank Upgraded its rating to Sector Perform which previously was Sector Underperform and also upped its target price recommendation from $90 to $100.
Citigroup Upgraded its Neutral to Buy on October 15, 2024, whereas the target price for the stock was revised from $103 to $116.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 16 ’25 when Miller Joseph bought 1 shares for $103.96 per share. The transaction valued at 102 led to the insider holds 3,629 shares of the business.
Miller Joseph bought 1 shares of ED for $101 on Mar 14 ’25. The VP & Controller now owns 3,619 shares after completing the transaction at $103.90 per share. On Dec 16 ’24, another insider, Miller Joseph, who serves as the VP & Controller of the company, bought 1 shares for $92.58 each. As a result, the insider paid 98 and bolstered with 1,220 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ED now has a Market Capitalization of 35456729088 and an Enterprise Value of 61312741376. As of this moment, Consolidated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.17, and their Forward P/E ratio for the next fiscal year is 16.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 3.887 whereas that against EBITDA is 10.951.
Stock Price History:
The Beta on a monthly basis for ED is 0.25, which has changed by 0.10053682 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, ED has reached a high of $114.87, while it has fallen to a 52-week low of $87.28. The 50-Day Moving Average of the stock is -6.74%, while the 200-Day Moving Average is calculated to be -2.63%.
Shares Statistics:
The stock has traded on average 2.96M shares per day over the past 3-months and 3491070 shares per day over the last 10 days, according to various share statistics. A total of 360.00M shares are outstanding, with a floating share count of 359.53M. Insiders hold about 0.21% of the company’s shares, while institutions hold 72.05% stake in the company. Shares short for ED as of 1749772800 were 7301286 with a Short Ratio of 2.47, compared to 1747267200 on 7388982. Therefore, it implies a Short% of Shares Outstanding of 7301286 and a Short% of Float of 2.6400002.
Dividends & Splits
In the trailing 12 months, ED’s forward annual dividend rate was 3.34, compared to 3.36 this year. Against a Trailing Annual Dividend Yield of 0.034064252The stock’s 5-year Average Dividend Yield is 3.63. The current Payout Ratio is 63.35% for ED, which recently paid a dividend on 2025-05-14 with an ex-dividend date of 1747180800. Stock splits for the company last occurred on 1989-07-03 when the company split stock in a 2:1 ratio.
