Stock in Focus: Consolidated Edison, Inc. (ED)

Company Profile:

Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.4 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 1,600 customers in parts of Manhattan. The company primarily sells electricity to industrial, commercial, residential, and governmental customers. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York.

Recent News:

The company declared a quarterly dividend of 71.5 cents a share on its common stock, payable December 17, 2018 to stockholders of record as of November 14, 2018.

The company plans to report its 3rd Quarter 2018 earnings on November 1, 2018 after the market closes.

The company reported 2018 second quarter net income of $188 million or $0.60 a share compared with $175 million or $0.57 a share in 2017. For the first six months of 2018, net income was $616 million or $1.98 a share compared with $563 million or $1.84 a share in the first six months of 2017.


Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.


Profitability – Measures the historical price movement of the stock.


Solvency – Measures the solvency of the company based on several ratios.


Efficiency – Measures the strength and historic growth of a company’s return on invested capital.



ED’s strengths can be seen in its better profitability compared with its peers. Its net income has increased over recent several years. Technical indicators signal the bullish signs, as there is a bullish crossover in MACD and Stochastic oscillator, RSI(14) stands at 51.40 with positive bias. We rate Consolidated Edison, Inc. (ED) a STRONG BUY.

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