Consolidated Edison, Inc. (NYSE:ED) is included among the 11 Best Utility Stocks to Buy for Dividends in 2026.

Consolidated Edison, Inc. (NYSE:ED) operates one of the largest energy delivery systems in the world, providing electric, gas, and steam service to the 10 million people living in New York City and Westchester County.

On March 5, Evercore ISI upped its price target on Consolidated Edison, Inc. (NYSE:ED) from $106 to $117, while keeping an ‘In Line’ rating on the shares. The revision comes as the analyst firm adjusted its estimates on many companies in the power and utilities group following the Q4 earnings season.

Consolidated Edison, Inc. (NYSE:ED) exceeded estimates in both earnings and revenue in its Q4 2025 results posted on February 19. The company reported adjusted earnings of $5.70 per share for the full-year 2025, up from $5.40 a year earlier.

For FY 2026, Consolidated Edison, Inc. (NYSE:ED) expects its adjusted EPS to be in the range of $6.00 to $6.20 per share, compared to Wall Street estimates of $6.01. The utility is targeting a five-year adjusted EPS compound annual growth rate of 6% to 7%, using the midpoint of its 2026 guidance as a baseline.

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