Several brokerages have updated their recommendations and price targets on shares of Consolidated Edison (NYSE: ED) in the last few weeks:
Shares of Consolidated Edison Inc. (NYSE:ED) traded down 0.14% during midday trading on Wednesday, reaching $72.67. The company’s stock had a trading volume of 313,386 shares. The company has a market capitalization of $22.12 billion, a P/E ratio of 18.83 and a beta of 0.01. The stock has a 50 day moving average of $75.87 and a 200-day moving average of $76.33. Consolidated Edison Inc. has a 1-year low of $60.30 and a 1-year high of $81.88.
Consolidated Edison (NYSE:ED) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by $0.09. Consolidated Edison had a net margin of 9.47% and a return on equity of 8.88%. During the same quarter in the previous year, the firm earned $0.78 earnings per share. On average, equities research analysts anticipate that Consolidated Edison Inc. will post $3.97 earnings per share for the current year.