Joseph Oates - Consolidated Edison President

ED Stock  USD 90.05  2.60  2.97%   

President

Mr. Joseph P. Oates is President and Chief Executive Officer of Con Edison Transmission, Inc. a subsidiary of the Company. He served as Senior Vice President Business Shared Services of CECONY from 912 to 815 . Senior Vice President of CECONY from 712 to 812. Vice President Energy Management of CECONY from 707 to 612. since 2016.
Age 56
Tenure 8 years
Address 4 Irving Place, New York, NY, United States, 10003
Phone212 460 4600
Webhttps://www.conedison.com

Consolidated Edison Management Efficiency

The company has Return on Asset (ROA) of 0.0284 % which means that for every $100 of assets, it generated a profit of $0.0284. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1197 %, which means that it produced $0.1197 on every 100 dollars invested by current stockholders. Consolidated Edison's management efficiency ratios could be used to measure how well Consolidated Edison manages its routine affairs as well as how well it operates its assets and liabilities. At present, Consolidated Edison's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, Consolidated Edison's Fixed Asset Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.41, whereas Non Current Assets Total are forecasted to decline to about 32.5 B.
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.

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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. It employs 13871 people. 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.

Management Performance

Consolidated Edison Leadership Team

Elected by the shareholders, the Consolidated Edison's board of directors comprises two types of representatives: Consolidated Edison inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Consolidated. The board's role is to monitor Consolidated Edison's management team and ensure that shareholders' interests are well served. Consolidated Edison's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Consolidated Edison's outside directors are responsible for providing unbiased perspectives on the board's policies.
Karol Mason, Independent Director
Stuart Nachmias, President and Chief Executive Officer of Con Edison Transmission, Inc.
Jennifer Hensley, Sr Affairs
Robert Sanchez, Senior Vice President - Corporate and Shared Services of Consolidated Edison Company of New York, Inc.
Timothy Cawley, President, Chief Executive Officer of the Company and Chief Executive Officer of Con Edison of New York
John Killian, Independent Director
Frederick Sutherland, Independent Director
Matthew Ketschke, President of CECONY
Craig Ivey, President of Consolidated Edison Company of New York Inc
Vincent Calarco, Independent Director
John McAvoy, Chairman, CEO, Chairman of Executive Committee, Chairman of Consolidated Edison Company of New York Inc and CEO of Consolidated Edison Company of New York Inc
Lore Bastide, Senior Vice President - Utility Shared Services of CECONY
Scott Sanders, Vice President Treasurer
Michael Ranger, Independent Director
Armando Olivera, Independent Director
Joseph Oates, Senior Vice President - Business Shared Services of Consolidated Edison Company of New York, Inc.
Mary Kelly, Senior Vice President - Corporate Shared Services of CECONY
Jan Childress, Director - Investor Relations
Mark Noyes, President and Chief Executive Officer of Con Edison Clean Energy Businesses, Inc.
Joseph Miller, Vice President Controller of of Con Edison and CECONY
Saumil Shukla, Senior Vice President – Utility Shared Services of Consolidated Edison Company of New York, Inc
Robert Hoglund, Chief Financial Officer, Senior Vice President
Michael Giudice, Lead Independent Director
William Mulrow, Independent Director
Elizabeth Moore, Senior Vice President, General Counsel
Vicki Kuo, I York
Gurudatta Nadkarni, Vice President - Strategic Planning Consolidated Edison Company of New York, Inc.
Venetia Lannon, Health Environment
Yukari Saegusa, Treasurer and Vice President of Consolidated Edison, Inc.
Deirdre Stanley, Independent Director
L Sutherland, Independent Director
George Campbell, Independent Director
Deneen Donnley, Senior Vice President, General Counsel of Con Edison and CECONY
Ellen Futter, Director
Dwight McBride, Independent Director
Sylvia Dooley, VP Secretary
Frances Resheske, Senior Vice President - Corporate Affairs of Consolidated Edison Company of New York, Inc.
Robert Muccilo, Principal Accounting Officer, VP and Controller
Linda Sanford, Independent Director

Consolidated Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Consolidated Edison a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Consolidated Edison Investors Sentiment

The influence of Consolidated Edison's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Consolidated. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Consolidated Edison's public news can be used to forecast risks associated with an investment in Consolidated. The trend in average sentiment can be used to explain how an investor holding Consolidated can time the market purely based on public headlines and social activities around Consolidated Edison. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Consolidated Edison's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Consolidated Edison's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Consolidated Edison's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Consolidated Edison.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Consolidated Edison in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Consolidated Edison's short interest history, or implied volatility extrapolated from Consolidated Edison options trading.

Pair Trading with Consolidated Edison

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Consolidated Edison position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Consolidated Edison will appreciate offsetting losses from the drop in the long position's value.

Moving against Consolidated Stock

  0.55PCG-PI Pacific Gas AndPairCorr
  0.49PCG-PG Pacific Gas AndPairCorr
  0.48PCG-PH Pacific Gas AndPairCorr
  0.48PCG-PD Pacific Gas AndPairCorr
  0.44PCG-PB Pacific Gas AndPairCorr
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Consolidated Edison - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Consolidated Edison to buy it.
The correlation of Consolidated Edison is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Consolidated Edison can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Consolidated Stock analysis

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.