Consolidated Edison Stock Today

ED Stock  USD 88.99  0.05  0.06%   

Performance

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Odds Of Distress

Less than 3

 
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Consolidated Edison is trading at 88.99 as of the 19th of March 2024, a 0.06 percent up since the beginning of the trading day. The stock's lowest day price was 88.44. Consolidated Edison has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Consolidated Edison are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
2nd of January 1970
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company was founded in 1823 and is based in New York, New York. Consolidated Edison operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 345.51 M outstanding shares of which 5.98 M shares are currently sold short in the market by investors with about 3.1 days to cover all shorted shares. More on Consolidated Edison

Moving together with Consolidated Stock

  0.85SO Southern Financial Report 25th of April 2024 PairCorr

Consolidated Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Consolidated Edison's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Consolidated Edison or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Consolidated Edison's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Consolidated Edison's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOStuart Nachmias
Thematic Ideas
(View all Themes)
Business ConcentrationMulti-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, SP 500 Index, Dow Jones Utility, Dow Jones Composite, PHLX Utility, Baby Boomer Prospects, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Average Analyst Recommendation
Analysts covering Consolidated Edison report their recommendations after researching Consolidated Edison's financial statements, talking to executives and customers, or listening in on Consolidated Edison's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Consolidated Edison. The Consolidated consensus assessment is calculated by taking the average forecast from all of the analysts covering Consolidated Edison.
Financial Strength
Based on the analysis of Consolidated Edison's profitability, liquidity, and operating efficiency, Consolidated Edison is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Consolidated Edison is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03590.038
Notably Down
Pretty Stable
Asset Turnover0.410.2211
Way Up
Slightly volatile
Gross Profit Margin0.580.505
Fairly Up
Very volatile
Net Debt12.5 B23.8 B
Way Down
Slightly volatile
Total Current LiabilitiesB6.5 B
Way Down
Slightly volatile
Non Current Liabilities Total40.6 B38.7 B
Sufficiently Up
Slightly volatile
Total Assets38.4 B66.3 B
Way Down
Slightly volatile
Total Current Assets3.6 B6.5 B
Way Down
Slightly volatile
Total Cash From Operating Activities2.2 B2.2 B
Sufficiently Up
Pretty Stable
Consolidated Edison's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Consolidated Edison's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Consolidated Edison's financial leverage. It provides some insight into what part of Consolidated Edison's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Consolidated Edison's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Consolidated Edison deploys its capital and how much of that capital is borrowed.
Liquidity
Consolidated Edison cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 25.01 B of total liabilities with total debt to equity ratio (D/E) of 1.24, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Consolidated Edison until it has trouble settling it off, either with new capital or with free cash flow. So, Consolidated Edison's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Consolidated Edison sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Consolidated to invest in growth at high rates of return. When we think about Consolidated Edison's use of debt, we should always consider it together with cash and equity.

Change In Cash

(318.25 Million)
Consolidated Edison (ED) is traded on New York Stock Exchange in USA. It is located in 4 Irving Place, New York, NY, United States, 10003 and employs 14,592 people. Consolidated Edison is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 30.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Consolidated Edison's market, we take the total number of its shares issued and multiply it by Consolidated Edison's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Consolidated Edison is active under Multi-Utilities sector as part of Utilities industry. The entity has 345.51 M outstanding shares of which 5.98 M shares are currently sold short in the market by investors with about 3.1 days to cover all shorted shares. Consolidated Edison reports about 1.28 B in cash with 2.16 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28.
Check Consolidated Edison Probability Of Bankruptcy
Ownership Allocation
Consolidated Edison retains a total of 345.51 Million outstanding shares. Over half of Consolidated Edison's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Consolidated Edison. Please watch out for any change in the institutional holdings of Consolidated Edison as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Consolidated Ownership Details

Consolidated Stock Price Odds Analysis

What are Consolidated Edison's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Consolidated Edison jumping above the current price in 90 days from now is about 59.13%. The Consolidated Edison probability density function shows the probability of Consolidated Edison stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Consolidated Edison has a beta of 0.7058 suggesting as returns on the market go up, Consolidated Edison average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Consolidated Edison will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Consolidated Edison is significantly underperforming NYSE Composite.
  Odds Below 88.99HorizonTargetOdds Above 88.99
40.33%90 days
 88.99 
59.13%
Based on a normal probability distribution, the odds of Consolidated Edison to move above the current price in 90 days from now is about 59.13 (This Consolidated Edison probability density function shows the probability of Consolidated Stock to fall within a particular range of prices over 90 days) .

Consolidated Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Consolidated Edison that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Consolidated Edison's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Consolidated Edison's value.
InstituionRecorded OnShares
Bank Of New York Mellon Corp2023-12-31
2.6 M
Amundi2023-12-31
2.4 M
California Public Employees Retrmnt Sys2023-12-31
2.1 M
Goldman Sachs Group Inc2023-12-31
2.1 M
Charles Schwab Investment Management Inc2023-12-31
M
Proshare Advisors Llc2023-12-31
1.9 M
Jpmorgan Chase & Co2023-12-31
1.8 M
Cohen & Steers Inc2023-12-31
1.7 M
Nuveen Asset Management, Llc2023-12-31
1.6 M
Vanguard Group Inc2023-12-31
41.8 M
Blackrock Inc2023-12-31
35.7 M
View Consolidated Edison Diagnostics

Consolidated Edison Historical Income Statement

Consolidated Edison Income Statement is one of the three primary financial statements used for reporting Consolidated's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Consolidated Edison revenue and expense. Consolidated Edison Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Consolidated Edison's Income Tax Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 1.8 B, whereas Total Revenue is forecasted to decline to about 10.8 B. View More Fundamentals

Consolidated Stock Against Markets

Picking the right benchmark for Consolidated Edison stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Consolidated Edison stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Consolidated Edison is critical whether you are bullish or bearish towards Consolidated Edison at a given time. Please also check how Consolidated Edison's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Consolidated Edison without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Consolidated Edison Corporate Directors

Consolidated Edison corporate directors refer to members of a Consolidated Edison board of directors. The board of directors generally takes responsibility for the Consolidated Edison's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Consolidated Edison's board members must vote for the resolution. The Consolidated Edison board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John KillianIndependent DirectorProfile
Frederick SutherlandIndependent DirectorProfile
Vincent CalarcoIndependent DirectorProfile
Michael RangerIndependent DirectorProfile

How to buy Consolidated Stock?

Before investing in Consolidated Edison, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Consolidated Edison. To buy Consolidated Edison stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Consolidated Edison. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Consolidated Edison stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Consolidated Edison stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Consolidated Edison stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Consolidated Edison, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Consolidated Stock please use our How to Invest in Consolidated Edison guide.

Already Invested in Consolidated Edison?

The danger of trading Consolidated Edison is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Consolidated Edison is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Consolidated Edison. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Consolidated Edison is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Consolidated Edison is a strong investment it is important to analyze Consolidated Edison's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Consolidated Edison's future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.
Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Consolidated Edison's price analysis, check to measure Consolidated Edison's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
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Is Consolidated Edison's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Consolidated Edison. If investors know Consolidated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Consolidated Edison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.821
Dividend Share
3.24
Earnings Share
7.21
Revenue Per Share
42.171
Quarterly Revenue Growth
(0.15)
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.