ED stock forecast
Our latest prediction for Consolidated Edison, Inc.'s stock price was made on the Feb. 6, 2023 when the stock price was at 93.55$.
In the short term (2weeks), ED's stock price should underperform the market by -0.85%. During that period the price should oscillate between -3.95% and +2.80%.
In the medium term (3months), ED's stock price should underperform the market by -11.08%. During that period the price should oscillate between -16.27% and +8.18%.
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About Consolidated Edison, Inc.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $63 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., the second-largest solar developer in the United States and the seventh-largest worldwide, which, through its subsidiaries develops, owns and operates renewable and sustainable energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission and through its subsidiaries invests in electric transmission projects supporting its parent company's effort to transition to clean, renewable energy. Con Edison Transmission manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York, New England, the Mid-Atlantic states and the Midwest.
At the moment the company generates 15253M USD in revenues.
On its last earning announcement, the company reported a profit of 4.78$ per share.
The book value per share is 50.30$
Three months stock forecastFeb. 6, 2023
Financials
| Revenue USD | Gross Margin | Operating Income | Operating Margin | Net Income | Earnings Per Share | Dividends | Payout Ratio | Shares | Book Value Per Share | Operating Cash Flow | Cap Spending | Free Cash Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15253M | 100.00% | 2773M | 18.18% | 1694M | 4.78 | 0.72 | 55.30% | 353M | 50.30 | - | - | - |