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ED

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

87.90USD-0.71 (-0.80%)Market Closed
Watchlist

Market Summary

USD87.90-0.71
Market Closed
-0.80%

ED Alerts

  • Big fall in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

ED Stock Price

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ED RSI Chart

ED Valuation

Market Cap

30.4B

Price/Earnings (Trailing)

12.06

Price/Sales (Trailing)

2.07

EV/EBITDA

8.23

Price/Free Cashflow

14.09

ED Price/Sales (Trailing)

ED Profitability

EBT Margin

20.48%

Return on Equity

11.9%

Return on Assets

3.8%

Free Cashflow Yield

7.1%

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

-1.9%

Last 30 days

-4.7%

Last 90 days

-4.4%

Trailing 12 Months

-4.6%

How does ED drawdown profile look like?

ED Financial Health

Current Ratio

1.01

Debt/Equity

0.98

Debt/Cashflow

0.1

ED Investor Care

Dividend Yield

3.69%

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

Tracking the Latest Insider Buys and Sells of Consolidated Edison Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 14, 2024
shannon nancy
back to issuer
-391,402
86.67
-4,516
svp utility shared services
Feb 14, 2024
nachmias stuart
back to issuer
-503,813
86.67
-5,813
president & ceo cet
Feb 14, 2024
kelly mary
back to issuer
-655,312
86.67
-7,561
svp, corporate shared services
Feb 14, 2024
cawley timothy
back to issuer
-5,714,590
86.67
-65,935
chairman, president & ceo
Feb 14, 2024
hoglund robert n
back to issuer
-3,311,750
86.67
-38,211
svp and cfo
Feb 14, 2024
ketschke matthew
acquired
-
-
38,211
president, cecony
Feb 14, 2024
donnley deneen l
acquired
-
-
21,463
svp and general counsel
Feb 14, 2024
kelly mary
acquired
-
-
10,081
svp, corporate shared services
Feb 14, 2024
nachmias stuart
acquired
-
-
8,943
president & ceo cet
Feb 14, 2024
hoglund robert n
acquired
-
-
38,211
svp and cfo

1–10 of 50

Which funds bought or sold ED recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
Raleigh Capital Management Inc.
new
-
28,679
28,679
0.01%
Feb 21, 2024
V-Square Quantitative Management LLC
added
184
856,307
1,279,770
0.23%
Feb 21, 2024
SMITH SHELLNUT WILSON LLC /ADV
reduced
-30.88
-84,500
234,612
0.14%
Feb 21, 2024
CHELSEA COUNSEL CO
unchanged
-
3,972
66,409
0.04%
Feb 20, 2024
Quarry LP
new
-
34,932
34,932
-%
Feb 20, 2024
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
unchanged
-
37,917
634,061
0.25%
Feb 20, 2024
Able Wealth Management LLC
new
-
329,640
329,640
0.30%
Feb 20, 2024
Pacific Center for Financial Services
unchanged
-
10,880
181,940
0.06%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
added
7.56
42,948
341,824
0.01%
Feb 16, 2024
WINSLOW ASSET MANAGEMENT INC
unchanged
-
13,000
227,000
0.05%

1–10 of 45

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
Feb 15, 2024
10-K
Annual Report
Feb 15, 2024
8-K
Current Report
Feb 15, 2024
8-K
Current Report
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading
Feb 15, 2024
4
Insider Trading

What is the Fair Value of ED?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Consolidated Edison Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
43.1B
19.3B
-0.17% -10.16%
19.1
2.24
2.48% -8.23%
23.3B
4.2B
-7.10% -18.36%
24.7
5.51
11.66% 15.12%
18.6B
7.9B
-3.31% -18.08%
16.01
2.35
6.33% 11.62%
17.2B
3.9B
-1.59% -1.35%
18.62
4.36
-15.47% 16.09%
12.2B
8.3B
-3.66% -21.21%
15.56
1.47
4.87% -10.78%
11.7B
29.9B
2.33% 48.88%
-6.58
0.39
-2.81% -194.18%
10.7B
12.8B
-9.06% -34.82%
-15.94
0.84
3.51% -218.48%
MID-CAP
8.0B
4.7B
-4.67% -8.33%
16.09
1.69
14.58% -10.43%
3.3B
1.9B
-3.82% -1.80%
13.27
1.74
19.68% 30.53%
2.7B
1.7B
-5.94% -16.01%
15.52
1.53
2.04% 10.31%
SMALL-CAP
1.9T
670.6M
1.66% -14.88%
21.4K
2.8K
-1.48% -2.88%
474.0M
155.4M
-8.37% 100.66%
22.21
3.05
88.76% 261.60%
194.1M
1.9M
3.21% -32.00%
-6.15
101.13
79.73% -32.29%
35.0M
456.0M
1.79% 67.96%
5.66
0.08
1.78% 128.25%
12.0M
867.4K
-7.30% -12.23%
-3.11
11.75
-88.45% 73.79%

Consolidated Edison Inc News

Latest updates
MarketBeat10 hours ago
PR Newswire18 Jan 202408:00 am
PR Newswire4 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 Equivalents121.7%1,1955391,9557711,28278.001,1271081,14666.001,06776.001,4361531,1441,3951,21778.008314061,006
  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 Debt-100.0%-20,65020,64820,64520,14722,35022,36122,58323,04421,84121,66620,61422,34919,20619,14919,42319,97317,53717,49616,93318,145
    LT Debt, Current-----1,002---440---1,967-1,9652,0931,4461,9141,9722,029650
    LT Debt, Non Current6.5%21,98920,65020,64820,64520,14722,35022,36122,58322,60421,84121,66620,61420,38219,20619,14919,42318,52717,53717,49616,93317,495
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 Outstanding-100.0%-348350353355355354354354347344342---------
Minority Interest-----202228234245299340310249218217216206191175156132113
Float-------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----1,0001,000----------------

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
 WEBSITEwww.conedison.com
 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 Thu Feb 22 2024, market cap of Consolidated Edison Inc is 30.37 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 Thu Feb 22 2024, ED's PE ratio (Price to Earnings) is 12.06 and Price to Sales (PS) ratio is 2.07. 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 0.082 (multiply by 100 for percentage) rate of return.