Consolidated Stock Today

ED
 Stock
  

USD 97.19  1.72  1.74%   

Market Performance
5 of 100
Odds Of Distress
Less than 43
Consolidated Edison is trading at 97.19 as of the 10th of August 2022, a -1.74 percent down since the beginning of the trading day. The stock's lowest day price was 95.42. Consolidated Edison has about a 43 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Consolidated Edison are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of July 2022 and ending today, the 10th of August 2022. Click here to learn more.
CUSIP
209111103
Fiscal Year End
December
Business Domain
Utilities
IPO Date
2nd of January 1970
Category
Utilities
Classification
Utilities
ISIN
US2091151041
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 354.3 M outstanding shares of which 7.58 M shares are currently sold short in the market by investors with about 3.95 days to cover all shorted shares. More on Consolidated Edison

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Follow Valuation Options Odds of Bankruptcy
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Consolidated Edison 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Consolidated Edison has a strong financial position based on the latest SEC filings
About 68.0% of the company shares are held by institutions such as insurance companies
On 15th of June 2022 Consolidated Edison paid $ 0.79 per share dividend to its current shareholders
Latest headline from www.nasdaq.com: What Is The Ownership Structure Like For Consolidated Edison, Inc. - Nasdaq
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
SEC FilingsConsolidated Edison Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
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.
Strong Sell7 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Consolidated Edison based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Consolidated Edison financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares362.1 M348.4 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted363.4 M349.4 M
Sufficiently Up
Increasing
Slightly volatile
Net Cash Flow from Operations2.7 B2.7 B
Fairly Down
Decreasing
Stable
Total Assets61.9 B63.1 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities42.5 B42.8 B
Slightly Down
Increasing
Slightly volatile
Current Assets5.3 B5.6 B
Notably Down
Increasing
Slightly volatile
Current Liabilities5.7 B5.4 B
Sufficiently Up
Increasing
Slightly volatile
Total Debt23.2 B25.4 B
Significantly Down
Increasing
Slightly volatile
Return on Average Assets0.02180.021
Sufficiently Up
Decreasing
Slightly volatile
Gross Margin0.570.561
Fairly Up
Increasing
Slightly volatile
Asset Turnover0.230.218
Notably Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Consolidated Edison's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
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.
Share Download
Share Download
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 25.19 B of total liabilities with total debt to equity ratio (D/E) of 1.22, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.99, 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.

Operating Cash Flow

2.66 Billion
Consolidated Edison (ED) is traded on New York Stock Exchange in USA. It is located in 4 Irving Place, New York, NY 10003, United States and employs 13,871 people. Consolidated Edison is listed under Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with market capitalization of 34.43 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 these looking for more risk prefer small-cap and mid-cap equities. Consolidated Edison is active under Utilities sector as part of Utilities—Regulated Electric industry. The entity has 354.3 M outstanding shares of which 7.58 M shares are currently sold short in the market by investors with about 3.95 days to cover all shorted shares. Consolidated Edison reports about 108 M in cash with 2.92 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check Consolidated Edison Probability Of Bankruptcy
Ownership
Consolidated Edison retains a total of 354.3 Million outstanding shares. Over half of Consolidated Edison outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation 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 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.

Ownership Allocation (%)

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 22.55%. 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 0.4595 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 an alpha of 0.1177, implying that it can generate a 0.12 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 97.19HorizonTargetOdds Above 97.19
77.20%90 days
 97.19 
22.55%
Based on a normal probability distribution, the odds of Consolidated Edison to move above the current price in 90 days from now is about 22.55 (This Consolidated Edison probability density function shows the probability of Consolidated Stock to fall within a particular range of prices over 90 days) .

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.
Consolidated Edison Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 1.19 Billion. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 2.7 B, whereas Gross Profit is forecasted to decline to about 7.5 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.

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 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 Killian - Independent DirectorProfile
Frederick Sutherland - Independent DirectorProfile
Vincent Calarco - Independent DirectorProfile
Michael Ranger - Independent DirectorProfile

Invested in Consolidated Edison?

You need to understand the risk of investing before taking a position 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.
Continue to Investing Opportunities. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Consolidated Stock analysis

When running Consolidated Edison 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 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 YOY
0.51
Market Capitalization
34.9 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0296
Return On Equity
0.0719
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 Consolidated Edison value 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.