Consolidated Edison Q3 Earnings Lag Estimates, Revenues Rise Y/Y
ED's Q3 revenues rise 8.5% and earnings grow 8.4%, while the utility narrows its 2026 earnings guidance and outlines $38 ...
Model output · Signal date 2026-11-06
Consolidated Edison Inc (ED) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
Unlock rating and forecasts
90-day forecast
Sign up free to reveal
30-day forecast
Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
11.0%
Spearman, 357 dates
Market Cap
$42.79B
large-cap · #4 of 16 peers
Summary
Consolidated Edison Inc (ED) stock forecast summary
Our AI scores Consolidated Edison Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Consolidated Edison Inc is a large-cap company with a market capitalization of $42.79B. It ranks number 4 by market capitalization among the 16 Electric & Other Services Combined issuers in our coverage with a current forecast.
For ED, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 11.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -4.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ED included.
Price
ED price chart and AI forecast
Cross-section · 2026-11-06
How ED ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Consolidated Edison Inc (ED) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electric & Other Services Combined peers listed below that report each metric.
Valuation & Market
| Metric | ED | Rank |
|---|---|---|
| Market Cap | $42.79B | 4/16 |
| P/E Ratio | 16.20x | 13/15 |
| P/B Ratio | 1.63x | 12/16 |
| EPS | $7.32 | – |
| Book Value/Share | $72.85 | – |
Profitability & Margins
| Metric | ED | Rank |
|---|---|---|
| ROE | 10.2% | 7/15 |
| ROA | 3.5% | 2/16 |
| ROIC | 5.3% | 5/17 |
| Operating Margin | 20.5% | 9/14 |
| Net Margin | 14.4% | 7/13 |
| EBT Margin | 19.0% | 3/14 |
| Tax Rate | 23.9% | – |
Financial Health
| Metric | ED | Rank |
|---|---|---|
| Current Ratio | 1.18x | 3/17 |
| D/E Ratio | 1.94x | 11/16 |
| Financial Leverage | 2.94x | 15/16 |
| Interest Coverage | 3.7x | 2/17 |
| Working Capital | $943M | 2/17 |
Cash Flow
| Metric | ED | Rank |
|---|---|---|
| Operating Cash Flow | $4.81B | 5/17 |
| OCF Growth YoY | 6.4% | 9/15 |
Income Statement
| Metric | ED | Rank |
|---|---|---|
| Operating Income | $3.80B | 4/17 |
| Net Income | $2.68B | 4/16 |
Dividend & Shareholder Information
| Metric | ED | Rank |
|---|---|---|
| Shares Outstanding | 361M | – |
| Net Income Growth | 38.3% | 2/15 |
| EPS Growth | 33.1% | 3/15 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $6.22B | 8.1% of assets |
| Cash & Short-term Investments | $100M | 0.1% of assets |
| Accounts Receivable | $2.58B | 3.3% of assets |
| Total Liabilities | $50.90B | 65.9% of assets |
| Short-term Debt | $3.40B | 4.4% of assets |
Quarterly Financial Reports
ED quarterly financials and insider trading
Industry Peers · Electric & Other Services Combined
Consolidated Edison Inc (ED) industry peers
Companies classified under the same SEC industry code as Consolidated Edison Inc (Electric & Other Services Combined): 17 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ED Consolidated Edison Inc | $42.79B | |
| DUK Duke Energy Corp | $99.37B | |
| XEL Xcel Energy Inc | $51.59B | |
| EXC Exelon Corp | $47.01B | |
| WEC Wec Energy Group, Inc. | $38.12B | |
| PEG Public Service Enterprise Group Inc | $36.19B | |
| AEE Ameren Corp | $31.24B | |
| PCG Pg&E Corp | $28.57B | |
| CMS Cms Energy Corp | $21.69B | |
| NI Nisource Inc. | $21.18B | |
| EVRG Evergy, Inc. | $20.16B | |
| LNT Alliant Energy Corp | $18.68B | |
| AVA Avista Corp | $3.37B | |
| UTL Unitil Corp | $1.03B | |
| GNE Genie Energy Ltd. | $466M | |
| GRDX Gridai Technologies Corp. | $33M | |
| CPWR Ocean Thermal Energy Corp | N/A |
Where ED sits on the market map
Energy & Transportation · Electric & Other Services Combined
News
Consolidated Edison Inc (ED) stock news
Consolidated Edison, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026
Consolidated Edison, Inc. reported earnings results for the third quarter and nine months ended September 30, 2026. For the third quarter, the company reported sales was USD 4,913 million compared to ...
Consolidated Edison to Report Q3 Results: What's in the Cards?
ED's Q3 earnings may benefit from rate base growth and infrastructure investments, but rising interest expenses and costs ...
FAQ
Consolidated Edison Inc (ED) stock forecast FAQ
What is the Consolidated Edison Inc (ED) stock forecast?
Our AI scores Consolidated Edison Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Consolidated Edison Inc stock predictions?
For ED, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 11.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -4.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Consolidated Edison Inc forecasts updated?
Consolidated Edison Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Consolidated Edison Inc's industry peers?
17 issuers in our coverage, ED included, share the SEC industry code Electric & Other Services Combined. The largest are: Duke Energy Corp (DUK), Xcel Energy Inc (XEL), Exelon Corp (EXC), Wec Energy Group, Inc. (WEC), Public Service Enterprise Group Inc (PEG), Ameren Corp (AEE).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.