Consolidated Edison Stock Today

ED Stock  USD 97.88  0.91  0.94%   

Performance

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Odds Of Distress

Less than 5

 
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Consolidated Edison is trading at 97.88 as of the 21st of November 2024, a 0.94 percent increase since the beginning of the trading day. The stock's lowest day price was 96.43. Consolidated Edison has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on April 3, 2020, Representative Peter Welch of US Congress acquired under $15k worth of Consolidated Edison's common stock.
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 346.41 M outstanding shares of which 6.49 M shares are currently sold short in the market by investors with about 3.63 days to cover all shorted shares. More on Consolidated Edison

Moving together with Consolidated Stock

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Moving against Consolidated Stock

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  0.45VSTE Vast RenewablesPairCorr
  0.45ETR EntergyPairCorr

Consolidated Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOStuart Nachmias
Thematic Ideas
(View all Themes)
Business ConcentrationMulti-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, PHLX Utility, SP 500 Index, Dow Jones Utility, Dow Jones Composite, Baby Boomer Prospects, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Average Analyst Recommendation
Financial Strength
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
Debt Levels
Consolidated Edison can leverage 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.
Liquidity
Consolidated Edison 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. Note however, debt could still be an excellent tool for Consolidated to invest in growth at high rates of return.

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 33.91 B. Consolidated Edison is active under Multi-Utilities sector as part of Utilities industry. The entity has 346.41 M outstanding shares of which 6.49 M shares are currently sold short in the market by investors with about 3.63 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 holds a total of 346.41 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. On April 3, 2020, Representative Peter Welch of US Congress acquired under $15k worth of Consolidated Edison's common stock.
Check Consolidated Ownership Details

Consolidated Stock Institutional Holders

InstituionRecorded OnShares
Bank Of New York Mellon Corp2024-06-30
2.4 M
Allianz Asset Management Ag2024-06-30
2.3 M
Nuveen Asset Management, Llc2024-06-30
2.2 M
Charles Schwab Investment Management Inc2024-09-30
2.1 M
Jpmorgan Chase & Co2024-06-30
M
Amundi2024-06-30
M
Proshare Advisors Llc2024-09-30
1.9 M
California Public Employees Retrmnt Sys2024-09-30
1.7 M
Citadel Advisors Llc2024-06-30
1.6 M
Vanguard Group Inc2024-09-30
42 M
Blackrock Inc2024-06-30
41.1 M
View Consolidated Edison Diagnostics

Consolidated Edison Historical Income Statement

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 Non Operating Income Net Other is expected to grow to about 308.1 M, whereas Total Revenue is forecasted to decline to about 10.8 B. View More Fundamentals

Consolidated Stock Against Markets

Consolidated Edison Corporate Directors

John KillianIndependent DirectorProfile
Michael RangerIndependent DirectorProfile
Armando OliveraIndependent DirectorProfile
Jan ChildressDirector - Investor RelationsProfile
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Is Multi-Utilities space 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
0.112
Dividend Share
3.3
Earnings Share
5.32
Revenue Per Share
43.464
Quarterly Revenue Growth
0.057
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.