StocksFundsScreenerSectorsWatchlists
ED

ED - Consolidated Edison Inc Stock Price, Fair Value and News

93.48USD+0.64 (+0.69%)Market Closed

Market Summary

ED
USD93.48+0.64
Market Closed
0.69%

ED Alerts

  • 1 major insider buys recently.

ED Stock Price

View Fullscreen

ED RSI Chart

ED Valuation

Market Cap

32.1B

Price/Earnings (Trailing)

12.74

Price/Sales (Trailing)

2.19

EV/EBITDA

8.77

Price/Free Cashflow

14.88

ED Price/Sales (Trailing)

ED Profitability

EBT Margin

20.48%

Return on Equity

11.9%

Return on Assets

3.8%

Free Cashflow Yield

6.72%

ED Fundamentals

ED Revenue

Revenue (TTM)

14.7B

Rev. Growth (Yr)

-14.55%

Rev. Growth (Qtr)

-11.05%

ED Earnings

Earnings (TTM)

2.5B

Earnings Growth (Yr)

56.41%

Earnings Growth (Qtr)

-36.22%

Breaking Down ED Revenue

Last 7 days

6.2%

Last 30 days

4.8%

Last 90 days

5.1%

Trailing 12 Months

-7.0%

How does ED drawdown profile look like?

ED Financial Health

Current Ratio

1.01

Debt/Equity

1.05

Debt/Cashflow

0.1

ED Investor Care

Dividend Yield

3.49%

Dividend/Share (TTM)

3.24

Buy Backs (1Y)

2.69%

Diluted EPS (TTM)

7.2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202316.0B15.5B15.2B14.7B
202214.1B14.5B15.1B15.7B
202112.7B12.9B13.2B13.7B
202012.3B12.3B12.2B12.2B
201912.5B12.5B12.6B12.6B
201812.2B12.2B12.3B12.3B
201712.1B12.0B11.8B12.0B
201612.1B12.1B12.1B12.1B
201512.7B12.6B12.7B12.6B
201413.0B13.1B13.0B12.9B
201312.3B12.3B12.4B12.4B
201212.6B12.4B12.2B12.2B
201113.2B13.2B13.1B12.9B
201013.1B13.2B13.3B13.3B
200900013.0B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Consolidated Edison Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 29, 2024
shannon nancy
bought
888
90.81
9.788
svp, utility shared services
Mar 29, 2024
cawley timothy
bought
7,244
90.81
79.771
chairman, president & ceo
Mar 29, 2024
nachmias stuart
bought
2,063
90.81
22.718
president & ceo cet
Mar 29, 2024
ranger michael w
acquired
45,000
90.81
495
-
Mar 29, 2024
sanchez robert
bought
6,654
90.81
73.278
president & ceo, o&r
Mar 29, 2024
donnley deneen l
bought
3,944
90.81
43.44
svp and general counsel
Mar 29, 2024
miller joseph
bought
1,153
90.81
12.697
vp & controller
Mar 29, 2024
hoglund robert n
bought
14,148
90.81
155
svp & cfo
Mar 15, 2024
miller joseph
bought
95.4787
88.08
1.084
vp & controller
Feb 29, 2024
miller joseph
bought
222
87.21
2.548
vp & controller

1–10 of 50

Which funds bought or sold ED recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
AMALGAMATED BANK
reduced
-16.53
-1,303,000
6,513,000
0.06%
Apr 23, 2024
HAMEL ASSOCIATES, INC.
added
18.99
571,368
3,613,060
1.16%
Apr 23, 2024
BLODGETT WEALTH ADVISORS, LLC
unchanged
-
-480
272,430
0.25%
Apr 23, 2024
REGIONS FINANCIAL CORP
added
2.68
21,295
872,956
0.01%
Apr 23, 2024
WASHINGTON TRUST Co
reduced
-0.6
-6,460
826,371
0.03%
Apr 23, 2024
BFSG, LLC
unchanged
-
-124
70,560
0.01%
Apr 23, 2024
Canal Capital Management, LLC
added
0.39
495
235,298
0.04%
Apr 23, 2024
DUNCKER STREETT & CO INC
unchanged
-
-48.00
27,243
-%
Apr 23, 2024
MILESTONE ASSET MANAGEMENT, LLC
added
0.72
2,265
418,362
0.12%
Apr 23, 2024
United Asset Strategies, Inc.
reduced
-0.42
-3,189
540,446
0.05%

1–10 of 50

Are Funds Buying or Selling ED?

Are funds buying ED calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ED
No. of Funds

Unveiling Consolidated Edison Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.13%
41,840,474
SC 13G/A
Jan 29, 2024
state street corp
7.58%
26,140,772
SC 13G/A
Jan 24, 2024
blackrock inc.
10.3%
35,653,664
SC 13G/A
Feb 09, 2023
vanguard group inc
12.22%
43,349,680
SC 13G/A
Feb 03, 2023
state street corp
7.89%
28,009,544
SC 13G/A
Jan 30, 2023
blackrock inc.
12.9%
45,851,229
SC 13G/A
Feb 10, 2022
state street corp
7.78%
27,514,717
SC 13G/A
Feb 09, 2022
vanguard group inc
9.99%
35,340,540
SC 13G/A
Jan 27, 2022
blackrock inc.
12.8%
45,413,132
SC 13G/A
Jan 26, 2022
blackrock inc.
12.8%
45,413,132
SC 13G/A

Recent SEC filings of Consolidated Edison Inc

View All Filings
Date Filed Form Type Document
Apr 10, 2024
DEF 14A
DEF 14A
Apr 10, 2024
DEFA14A
DEFA14A
Apr 05, 2024
3
Insider Trading
Apr 04, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading
Apr 04, 2024
4
Insider Trading

Peers (Alternatives to Consolidated Edison Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
44.4B
19.0B
3.12% -9.23%
20.06
2.34
-3.35% -4.03%
23.3B
4.2B
1.79% -20.89%
24.73
5.51
11.66% 15.12%
19.7B
7.5B
3.24% -18.43%
17.03
2.63
-5.74% 7.23%
17.7B
3.9B
0.92% 1.22%
19.18
4.49
-15.47% 16.09%
14.9B
28.8B
6.42% 104.23%
-73.61
0.52
-8.62% -116.54%
14.3B
8.3B
2.96% -10.05%
18.14
1.72
4.87% -10.78%
12.2B
12.7B
5.42% -28.09%
60.95
0.96
0.40% 141.39%
2.3B
670.6M
0.69% -17.52%
26.95
3.5
-1.48% -2.88%
MID-CAP
8.5B
4.7B
2.04% -7.93%
16.29
1.8
8.59% 3.59%
3.4B
1.9B
2.22% -6.21%
13.93
1.83
19.68% 30.53%
2.8B
1.7B
5.58% -20.45%
16.25
1.6
2.36% 10.31%
SMALL-CAP
392.1M
180.2M
-13.82% 45.00%
13.18
2.18
91.50% 388.02%
150.2M
2.0M
-14.50% -47.79%
-4.78
74.74
33.96% -26.84%
34.9M
436.8M
-0.82% -0.09%
2.33
0.08
-5.23% 97.61%
9.4M
-
6.09% -19.21%
-12.58
12.3
-88.45% 83.25%

Consolidated Edison Inc News

Latest updates
MarketWatch • 25 hours ago
PR Newswire • 18 Apr 2024 • 08:35 pm
PR Newswire • 2 months ago

Consolidated Edison Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-11.1%3,4443,8722,9444,4034,0314,1653,4154,0603,4153,6132,9713,6772,9603,3332,7193,2342,9513,3652,7443,5142,949
Operating Expenses-5.0%2,9923,1492,6733,5193,4813,2763,0283,2612,7182,7632,5532,8172,4532,4732,2402,4262,3862,4982,2862,7282,423
EBITDA Margin6.2%0.41*0.39*0.39*0.38*0.32*0.32*0.32*0.32*0.32*0.31*0.31*0.32*---------
Interest Expenses2.5%266259236262266199205182236232261176223226247322254262219221244
Income Taxes-50.7%71.0014429.0024316816017.00153-4.00127-11.0078.00-93.001199.0055.0053.0011619.0010871.00
Earnings Before Taxes-39.6%4056702551,673341779271707182596107498-44.50621211447366619198553402
EBT Margin6.3%0.20*0.19*0.20*0.19*0.13*0.13*0.12*0.11*0.10*0.09*0.09*0.10*---------
Net Income-36.2%3365262261,43021561325455424753811842029.00493202392271473179445331
Net Income Margin9.3%0.17*0.16*0.16*0.16*0.10*0.11*0.11*0.10*0.10*0.08*0.08*0.09*---------
Free Cashflow5635.3%97517.001,02141.001,2666101,4334229702681,053238---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.0%66,33164,40563,77162,80469,06565,76365,07263,73763,11662,93862,91962,29962,89559,59559,08159,15958,07955,94055,60255,06653,920
  Current Assets10.1%6,5375,9396,2035,86812,9725,7336,0165,4625,5515,0965,1104,5875,3014,2044,5645,0264,2723,5813,7073,7813,864
    Cash Equivalents120.6%1,1895391,9557711,28278.001,1271081,14666.001,06776.001,4361531,1441,3951,21778.008314061,006
  Net PPE2.2%49,60848,53547,92747,29046,76650,39249,66049,01848,59647,94747,33947,06946,55545,56444,89744,43543,88943,23442,74542,15241,749
  Goodwill0%408408408407408439439439439446446446446446446446446446440440440
  Current Liabilities6.8%6,4626,0506,0724,89511,3366,8906,8235,4155,4275,2555,5576,5597,3547,1606,7056,3116,2876,2195,9696,3486,207
  Short Term Borrowings-----400-------165-------825
  Long Term Debt7.7%22,24020,65020,64820,64523,44122,35022,36122,58323,04421,84121,66620,61422,34919,20619,14919,42319,97317,53717,49616,93318,145
    LT Debt, Current-251---1,002---440---1,967-1,9652,0931,4461,9141,9722,029650
    LT Debt, Non Current6.5%21,98920,65020,64820,64522,43922,35022,36122,58322,60421,84121,66620,61420,38219,20619,14919,42318,52717,53717,49616,93317,495
Shareholder's Equity0.4%21,15821,07820,80520,84320,68720,97620,62120,62320,33620,37720,05319,28219,06518,71118,44118,46718,21318,13417,86517,50116,839
Accumulated Depreciation0%24.0024.0023.0023.0023.0073123.0023.0062659055555552248925.00423391357329296275
Shares Outstanding0.1%345345350353355355354354348347345342---------
Minority Interest-----202228234245299340310249218217216206191175156132113
Float---31,200---33,700---25,300---24,000---29,100--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations5635.3%97517.001,07292.001,3176611,4844731,0213191,1042898301887684121,1744221,0744641,095
Cashflow From Investing-23.2%-1,355-1,100-1,1662,618-1,219-1,228-1,166-952-1,047-437-904-1,096-1,240-1,052-964-968-898-1,008-988-888-2,524
Cashflow From Financing414.7%1,029-3271,276-3,4661,191-432725-470957-845821-4721,532-167-33.00913688-131410-1082,190
  Dividend Payments0%267267278284277268268276262261254253244244244243234235229226211
  Buy Backs----1,000-----------------

ED Income Statement

2023-12-31
Consolidated Income Statement - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING REVENUES   
TOTAL OPERATING REVENUES$ 14,663$ 15,670$ 13,676
OPERATING EXPENSES   
Depreciation and amortization2,0312,0562,032
Taxes, other than income taxes3,0433,0052,810
TOTAL OPERATING EXPENSES12,33213,04610,850
Gain on sale of the Clean Energy Businesses86500
OPERATING INCOME3,1962,6242,826
OTHER INCOME (DEDUCTIONS)   
Investment income (loss)6220(420)
Other income83440222
Allowance for equity funds used during construction261921
Other deductions(92)(115)(161)
TOTAL OTHER INCOME (DEDUCTIONS)830326(538)
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE4,0262,9502,288
INTEREST EXPENSE (INCOME)   
Interest on long-term debt962987930
Other interest expense (income)113(99)(14)
Allowance for borrowed funds used during construction(52)(36)(11)
NET INTEREST EXPENSE1,023852905
INCOME BEFORE INCOME TAX EXPENSE3,0032,0981,383
INCOME TAX EXPENSE487498190
NET INCOME2,5161,6001,193
Loss attributable to non-controlling interest(3)(60)(153)
NET INCOME FOR COMMON STOCK$ 2,519$ 1,660$ 1,346
Net income per common share — basic (in dollars per share)$ 7.25$ 4.68$ 3.86
Net income per common share — diluted (in dollars per share)$ 7.21$ 4.66$ 3.85
AVERAGE NUMBER OF SHARES OUTSTANDING — BASIC (in shares)347.7354.5348.4
AVERAGE NUMBER OF SHARES OUTSTANDING — DILUTED (in shares)349.3355.8349.4
Electric   
OPERATING REVENUES   
TOTAL OPERATING REVENUES$ 10,835$ 10,522$ 9,485
Gas   
OPERATING REVENUES   
TOTAL OPERATING REVENUES3,1273,2372,638
OPERATING EXPENSES   
Operating costs8291,245690
Steam   
OPERATING REVENUES   
TOTAL OPERATING REVENUES569593532
Non-utility   
OPERATING REVENUES   
TOTAL OPERATING REVENUES1321,3181,021
Purchased power   
OPERATING EXPENSES   
Operating costs2,5412,4791,835
Fuel   
OPERATING EXPENSES   
Operating costs282356229
Other operations and maintenance   
OPERATING EXPENSES   
Operating costs$ 3,606$ 3,905$ 3,254

ED Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and temporary cash investments$ 1,189$ 1,282
Accounts receivable - customers, less allowance for uncollectible accounts2,4182,192
Other receivables, less allowance for uncollectible accounts444164
Taxes receivable110
Accrued unbilled revenue722702
Fuel oil, gas in storage, materials and supplies, at average cost469492
Prepayments470264
Regulatory assets281305
Restricted cash10
Revenue decoupling mechanism receivable203164
Fair value of derivative assets5259
Assets held for sale1637,162
Other current assets124176
TOTAL CURRENT ASSETS6,53712,972
INVESTMENTS999841
UTILITY PLANT, AT ORIGINAL COST  
General4,8354,205
TOTAL61,30957,337
Less: Accumulated depreciation14,15713,069
Net47,15244,268
Construction work in progress2,4422,484
NET UTILITY PLANT49,59446,752
NON-UTILITY PLANT  
Non-utility property, net accumulated depreciation1313
Construction work in progress11
NET PLANT49,60846,766
OTHER NONCURRENT ASSETS  
Goodwill408408
Operating lease right-of-use-asset533568
Regulatory assets4,6073,974
Pension and retiree benefits3,2753,269
Fair value of derivative assets4885
Other deferred charges and noncurrent assets316182
TOTAL OTHER NONCURRENT ASSETS9,1878,486
TOTAL ASSETS66,33169,065
CURRENT LIABILITIES  
Long-term debt due within one year250649
Term loan0400
Notes payable2,2882,640
Accounts payable1,7751,955
Customer deposits396358
Accrued taxes73102
Accrued interest170153
Accrued wages125116
Fair value of derivative liabilities19342
Regulatory liabilities145374
System benefit charge444390
Operating lease liabilities116103
Liabilities held for sale763,610
Other current liabilities411444
TOTAL CURRENT LIABILITIES6,46211,336
NONCURRENT LIABILITIES  
Provision for injuries and damages188181
Pensions and retiree benefits592577
Superfund and other environmental costs1,118997
Asset retirement obligations522500
Fair value of derivative liabilities12113
Deferred income taxes and unamortized investment tax credits8,0697,641
Operating lease liabilities429476
Regulatory liabilities5,3286,027
Other deferred credits and noncurrent liabilities417281
TOTAL NONCURRENT LIABILITIES16,78416,693
LONG-TERM DEBT21,92720,147
COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Note B, Note G, and Note H)
EQUITY  
Common shareholders’ equity21,15820,687
Noncontrolling interest0202
TOTAL EQUITY (See Statement of Equity)21,15820,889
TOTAL LIABILITIES AND EQUITY66,33169,065
Electric  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost39,07136,819
Gas  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost14,31813,378
Steam  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost$ 3,085$ 2,935
ED
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.6 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
 CEO
 WEBSITEconedison.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES14319

Consolidated Edison Inc Frequently Asked Questions


What is the ticker symbol for Consolidated Edison Inc? What does ED stand for in stocks?

ED is the stock ticker symbol of Consolidated Edison Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Consolidated Edison Inc (ED)?

As of Tue Apr 23 2024, market cap of Consolidated Edison Inc is 32.08 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ED stock?

You can check ED's fair value in chart for subscribers.

What is the fair value of ED stock?

You can check ED's fair value in chart for subscribers. The fair value of Consolidated Edison Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Consolidated Edison Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ED so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Consolidated Edison Inc a good stock to buy?

The fair value guage provides a quick view whether ED is over valued or under valued. Whether Consolidated Edison Inc is cheap or expensive depends on the assumptions which impact Consolidated Edison Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ED.

What is Consolidated Edison Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, ED's PE ratio (Price to Earnings) is 12.74 and Price to Sales (PS) ratio is 2.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ED PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Consolidated Edison Inc's stock?

In the past 10 years, Consolidated Edison Inc has provided 0.084 (multiply by 100 for percentage) rate of return.