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Consolidated Edison Inc(ED)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 17 days
PROFIT SINCE LAST BUY
+8.74% ▲
LAST CLOSE
$119.28
11/10/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1Y
  • 1M
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  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ED

11/10/2026: ED (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Consolidated Edison is a regulated utility holding company providing essential electric, gas, and steam services in New York City and Westchester County. The stock is characterized by a defensive business model that historically provides reliable cash flow and consistent dividends. Its primary investment story rests on long-term grid modernization and electrification demand. However, investors must monitor regulatory rate case outcomes, severe weather risks, and the impacts of high interest rates on capital-intensive projects. This stock is best suited for income-focused and low-risk investors who prioritize stability over high growth, provided they monitor the evolving regulatory landscape in New York.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitUtilities typically offer steady, slow growth rather than rapid capital appreciation.
Momentum investorWeak fitThe stock is generally defensive and lacks the volatility typically sought by momentum investors.
Value investorMixed fitValuation is often tied to regulated rate bases, making it a stable but rarely 'cheap' play.
Dividend investorStrong fitThe company is a long-standing dividend payer suitable for income-focused portfolios.
Low-risk investorStrong fitRegulated business model provides lower beta and stable returns compared to the broader market.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityLowThe stock tends to be less volatile than the broader market due to its regulated nature.
Valuation riskMediumUtility stocks can be sensitive to interest rate changes affecting their relative valuation.
Competition risk (utility regulation)LowMonopoly service territories limit direct market competition.
Business qualityStrongThe company provides essential services with high barriers to entry.
Dividend incomeStrongA long history of dividend payments makes it reliable for income.
Execution riskMediumLarge-scale infrastructure projects carry inherent risks of cost overruns and delays.

Price Behavior

Flat / Range-Bound
PRICE PATH

Flat / Range-Bound

The stock price has been trading within a narrow range with minimal directional movement.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 12.9%
Avg. Invested days 40
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/10/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ED receives a 3-star rating, supported by solid company fundamentals, and solid quantitative characteristics. The rating is constrained by soft unit economics, weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
ED has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, solid earnings growth (+11.2%) and solid revenue growth (+10.9%) are partially offset by soft cash generation (FCF margin 0.2%), very low insider ownership of 0.20%.

Financial Health Rating

★★★★★
ED's financial health is supported by strong cash strength, including free-cash-flow generation (0.2% of revenue). Liquidity is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is ED's strongest growth driver at +103.1% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+10.9%, solid) and earnings growth (+11.2%, solid) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 78.3% and approximately 99.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.20%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 11.23%
State Street Corp 6.76%
Vanguard Capital Management, LLC 6.49%
Vanguard Portfolio Management, LLC 5.15%
Geode Capital Management, LLC 2.88%

Unit Economics (Per $1K Revenue)

★★★★★
ED generates approximately $620 of gross profit, $173 of operating income, and $2 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Moderate margins explain the 2-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 22.10%

Quantitative Style Profile

★★★★★
ED has a large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 43.94B USD
Price to earnings Ratio 19
1Y Target Price 109.5
Price to earnings Ratio 19
1Y Target Price 109.5
Volume (30-day avg) 2.4M shares
Beta 0.22
52 Weeks Range 92.68 - 122.75
Updated Date 11/10/2026
52 Weeks Range 92.68 - 122.75
Updated Date 11/10/2026
Dividends yield (FY) 2.96%
Basic EPS (TTM) 6.23

How Company Makes Money

Business areaWhat it includesRetail investor read
Electric DeliveryRevenue generated from delivering electricity to residential and commercial customers.The primary revenue driver based on regulated rates for electricity usage.
Natural GasRevenue from gas distribution services in regulated territories.A secondary, stable revenue stream sensitive to seasonal weather patterns.
Steam ServiceHeating and cooling services for large buildings in Manhattan.A unique, niche revenue segment providing stable commercial service income.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2026-11-05
When After Market
Estimate 2.07
Actual 2.06

Profitability

Profit Margin 12.7%
Operating Margin (TTM) 26.28%

Management Effectiveness

Return on Assets (TTM) 3.33%
Return on Equity (TTM) 9.1%

Valuation

Trailing PE 19
Forward PE 18.28
Enterprise Value 71.83B
Price to Sales(TTM) 2.43
Enterprise Value 71.83B
Price to Sales(TTM) 2.43
Enterprise Value to Revenue 3.98
Enterprise Value to EBITDA 10.86
Shares Outstanding 371.13M
Shares Floating 370.61M
Shares Outstanding 371.13M
Shares Floating 370.61M
Percent Insiders 0.2
Percent Institutions 78.33

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.