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Consolidated Edison, Inc. reports developments for a regulated energy holding company whose subsidiaries provide electric, gas and steam service in New York City, Westchester County, southeastern New York and northern New Jersey. Its operating companies include Consolidated Edison Company of New York, Orange and Rockland Utilities and Con Edison Transmission, which develops and invests in electric transmission projects and joint-venture energy assets.
Company news commonly covers quarterly and annual earnings, common stock dividends, investor presentations, equity offerings, credit and financing activity, and capital funding for utility subsidiaries. Updates also address regulated utility operations and transmission investment under state and federal oversight.
Con Edison (NYSE: ED) reported 2026 second quarter net income for common stock of $308 million or $0.83 per share, up from $246 million or $0.68 in 2025. Adjusted earnings were also $308 million or $0.83 per share versus $240 million or $0.67 a year earlier.
For the first six months of 2026, net income was $1,232 million or $3.37 per share, compared with $1,038 million or $2.93 in 2025, while adjusted earnings were $1,098 million or $3.00 per share versus $1,032 million or $2.91. According to Con Edison, key drivers included higher electric and gas rate base at CECONY and O&R, partially offset by share dilution and higher interest and tax expense. The company recorded an after-tax gain of $134 million ($0.37 per share) on the sale of its equity interest in Mountain Valley Pipeline and reaffirmed its 2026 adjusted EPS guidance of $6.00–$6.20.
Con Edison (NYSE: ED) declared a quarterly dividend of $0.8875 per share on its common stock. The dividend is payable on September 15, 2026 to shareholders of record as of August 19, 2026. Con Edison delivers energy-related services through CECONY, Orange and Rockland Utilities, and Con Edison Transmission.
Consolidated Edison (NYSE: ED) plans to report its 2nd Quarter 2026 earnings on August 6, 2026, after the market closes. The announcement outlines the company’s core structure as a holding company for several regulated energy businesses.
According to Con Edison, key subsidiaries include Consolidated Edison Company of New York, which provides electric service in New York City and Westchester County, gas service in Manhattan, the Bronx, parts of Queens and Westchester, and steam service in Manhattan. Orange and Rockland Utilities serves customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey. Con Edison Transmission, regulated primarily by the Federal Energy Regulatory Commission, develops and invests in electric transmission projects and holds interests in electric and gas assets.
Con Edison (NYSE:ED) elected Tali Farhadian to its Board of Directors, effective July 1, 2026. She is an experienced lawyer and former prosecutor with extensive legal and regulatory background.
Farhadian will become CEO of the Museum of Jewish Heritage on September 8, 2026 and has held prominent academic and civic roles.
Con Edison (NYSE: ED) has energized New York State's largest electric school bus fleet, supporting GVC's 45 new buses and 23 dual-port chargers in the South Bronx. The project, backed by a $450,000 Con Edison incentive and NYSBIP funding, is designed to cut 1 million pounds of carbon emissions each school year and serve about 800 children, or 4,100 weekly student trips, while enabling broader medium- and heavy-duty vehicle electrification through grid upgrades on Zerega Avenue and Hunts Point.
Synergis Software (NYSE:ED) launched Adept Cloud, a cloud-native SaaS engineering document management platform for asset-intensive industries such as manufacturing, utilities, oil and gas, chemicals, pharmaceuticals, and mining. It delivers the full Adept capabilities in a browser-based, fully hosted and continuously updated environment.
Adept Cloud includes built-in Adept AI to surface engineering information faster and support document-intensive work. Plans—Essentials, Professional, and Enterprise—offer unlimited users with no per-seat costs. Synergis highlights strong user feedback, with 95% of verified G2 reviews rated four or five stars.
Con Edison (NYSE: ED) announced that its executives will meet with investors at several financial conferences in May and June 2026. An updated investor presentation is available on the company’s website under For Investors > Presentations & Webcasts.
Con Edison is a holding company providing regulated electric, gas, steam, and transmission services through its CECONY, Orange and Rockland, and Con Edison Transmission subsidiaries.
Consolidated Edison (NYSE: ED) announced a $2.0 billion at-the-market (ATM) equity offering program on May 8, 2026, under which it may sell common shares through designated sales agents and enter forward sale agreements with forward purchasers.
Proceeds are intended to fund subsidiaries' capital requirements and other general corporate purposes. The company may sell shares on the NYSE, through market makers, or other permitted methods; prospectus documents are available on the SEC website.
Con Edison (NYSE: ED) reported 2026 first-quarter net income for common stock of $924 million or $2.55 per share, versus $791 million or $2.26 per share in Q1 2025. Adjusted EPS was $2.18 in Q1 2026 versus $2.26 in Q1 2025. The company reaffirmed 2026 adjusted EPS guidance of $6.00–$6.20. Con Edison completed the sale of its interest in Mountain Valley Pipeline for $357.5 million and settled a forward sale of 7 million shares to support system investments.
Consolidated Edison (NYSE: ED) declared a quarterly cash dividend of $0.8875 per share on common stock, payable June 15, 2026 to shareholders of record on May 13, 2026. The announcement reiterates Con Edison’s ongoing cash-return policy to investors.
The company operates regulated electric, gas and steam utilities in New York and northern New Jersey and an FERC‑regulated transmission business.