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Home/News Feed/Consolidated Edison stays a buy with 3.3% yield and strong dividend growth, targeting $117 price by 2026.

$110.21

-$1.73 -1.55%

Consolidated Edison stays a buy with 3.3% yield and strong dividend growth, targeting $117 price by 2026.

Analyst Insights

12 Jun 2026

Seeking Alpha

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Bullish

Consolidated Edison, a utility company with a 52-year streak of dividend increases, remains a buy due to its 3.3% yield and modest undervaluation. The company reaffirmed its 2026 adjusted EPS guidance of $6.00–$6.20, with analysts upgrading forecasts and expecting steady earnings growth above 7% through 2026. Valuation metrics suggest upside potential with a price target of $117 based on an 18.75x P/E ratio applied to normalized EPS. Technical indicators show a constructive trend but require momentum confirmation to break resistance near $114–$117.

More News (ED)

Con Edison to release Q2 2026 earnings on August 6 after market close

Consolidated Edison, Inc. (Con Edison) announced it will report its second quarter 2026 earnings on August 6, 2026, after the market closes. The company operates through subsidiaries providing electric, gas, and steam services in New York and parts o...

Company Fundamentals

Neutral

14 hours ago