What is KeyCorp’s Forecast for ED Q4 Earnings?

Consolidated Edison Inc (NYSE:ED) – Equities research analysts at KeyCorp issued their Q4 2026 earnings per share estimates for Consolidated Edison in a report released on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the utilities provider will post earnings of $0.62 per share for the quarter. KeyCorp has a “Underweight” rating and a $94.00 price objective on the stock. The consensus estimate for Consolidated Edison’s current full-year earnings is $6.09 per share. KeyCorp also issued estimates for Consolidated Edison’s FY2027 earnings at $6.48 EPS, FY2028 earnings at $6.89 EPS and FY2029 earnings at $7.32 EPS.

Other analysts have also issued research reports about the company. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $105.00 price target on shares of Consolidated Edison in a research note on Thursday, May 14th. Evercore set a $116.00 price objective on Consolidated Edison in a research note on Monday, May 11th. Mizuho set a $114.00 price objective on Consolidated Edison in a report on Monday. Weiss Ratings restated a “buy (b)” rating on shares of Consolidated Edison in a research note on Tuesday, July 21st. Finally, Barclays lowered their target price on shares of Consolidated Edison from $110.00 to $107.00 and set an “underweight” rating on the stock in a report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $108.47.

Consolidated Edison Trading Up 0.6%

Shares of ED opened at $112.15 on Monday. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 1.00. The stock has a market cap of $41.33 billion, a PE ratio of 18.88, a PEG ratio of 2.89 and a beta of 0.27. Consolidated Edison has a 1 year low of $94.96 and a 1 year high of $116.23. The stock has a 50 day simple moving average of $109.22 and a 200-day simple moving average of $109.26.

Hedge Funds Weigh In On Consolidated Edison

Institutional investors have recently bought and sold shares of the business. Lazard Asset Management LLC grew its holdings in Consolidated Edison by 121,543.9% during the 3rd quarter. Lazard Asset Management LLC now owns 5,960,553 shares of the utilities provider’s stock worth $599,155,000 after acquiring an additional 5,955,653 shares during the last quarter. Norges Bank acquired a new stake in Consolidated Edison in the 4th quarter valued at about $489,806,000. Deutsche Bank AG raised its stake in shares of Consolidated Edison by 101.4% in the fourth quarter. Deutsche Bank AG now owns 3,617,361 shares of the utilities provider’s stock worth $359,276,000 after acquiring an additional 1,820,877 shares during the last quarter. Amundi raised its stake in shares of Consolidated Edison by 66.2% in the first quarter. Amundi now owns 3,872,404 shares of the utilities provider’s stock worth $438,272,000 after acquiring an additional 1,543,069 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in shares of Consolidated Edison during the fourth quarter worth approximately $113,977,000. Institutional investors own 66.29% of the company’s stock.

Consolidated Edison Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Wednesday, August 19th will be given a dividend of $0.8875 per share. The ex-dividend date is Wednesday, August 19th. This represents a $3.55 dividend on an annualized basis and a yield of 3.2%. Consolidated Edison’s dividend payout ratio is 59.76%.

About Consolidated Edison

Consolidated Edison, Inc, commonly known as Con Edison, is an investor-owned energy company that primarily delivers electricity, natural gas and steam to customers in the New York metropolitan area. Its regulated utility operations include the distribution and transmission of electric power, the distribution of natural gas, and the operation of one of the largest district steam systems in the United States, serving commercial, institutional and residential customers in New York City and nearby counties.

The company operates through regulated utility subsidiaries that serve urban and suburban service territories, together with non-utility businesses that develop, own and manage energy infrastructure and clean energy projects.