Consolidated Edison stock holds steady as Q2 2026 earnings beat and guidance stays firm

Published on 09/11/2026 at 19:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Consolidated Edison stock is trading near the middle of its 52-week range after adjusted Q2 2026 EPS of 0.83 dollars beat estimates on September 10, 2026. The company now guides full-year 2026 adjusted EPS toward the top of its 4.50 to 4.60 dollars range.

Fotorealistisches Umspannwerk mit NYC-Skyline im Hintergrund, Hochspannungsanlagen — Consolidated Edison Umspannwerk New York City Luftaufnahme Hochspannung Transformatoren Infrastruktur NYSE US2091151041, Illustration mit AI erstellt.

Consolidated Edison stock (ISIN US2091151041) is trading near the middle of its 52-week range after the utility group reported adjusted second-quarter 2026 earnings per share of USD 0.83, beating consensus estimates and marking a strong year-over-year increase as of September 10, 2026.

Q2 2026 earnings beat expectations

According to Yahoo Finance, Consolidated Edison delivered adjusted EPS of USD 0.83 in Q2 fiscal 2026, compared with a consensus estimate of USD 0.77 for the quarter, implying a positive surprise of USD 0.06 per share and a 23.9 percent increase versus the prior-year quarter.

The same overview shows that revenue in Q2 fiscal 2026 reached USD 4.07 billion, with net earnings of USD 308 million and a profit margin of 7.57 percent for the period, underscoring that profit grew faster than the top line compared with the previous year’s quarter when margins were noticeably lower.Yahoo Finance

Full-year 2026 guidance and dividend profile

As 24/7 Wall St reported on September 11, 2026, management now expects full-year 2026 adjusted EPS to come in near or at the top of its guidance range of USD 4.50 to USD 4.60, signaling confidence in earnings momentum after the positive Q2 surprise.

The same article highlights that Consolidated Edison pays an annualized dividend of USD 3.475 per share, corresponding to a quarterly rate of USD 0.8875 and a dividend yield of roughly 3.23 percent at recent prices, with trailing EPS of USD 6.04 comfortably covering the payout.24/7 Wall St

Analyst stance and valuation context

Analyst data compiled by Yahoo Finance indicate an average 12-month price target of USD 110.28 per share for Consolidated Edison, with a published target range from USD 94.00 on the low end to USD 130.00 on the high end, compared with a recent share price of USD 106.73, placing the stock slightly below the average target and near the mid-point of the range.

The latest rating update in that overview shows that Morgan Stanley reaffirmed an Underweight recommendation on August 21, 2026 and lowered its price target from USD 105.00 to USD 101.00, suggesting that at the current valuation the bank sees limited upside despite the earnings beat and consistent dividend track record.Yahoo Finance

Stock level and trading snapshot

Per exchange quote data summarized by Yahoo Finance, Consolidated Edison stock closed at USD 106.73 on the New York Stock Exchange on September 10, 2026, down 0.71 percent or USD 0.76 from the prior close, with an after-hours indication of USD 107.20 representing a modest 0.44 percent rebound later that day.