Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
ED

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

98.00USD+0.50 (+0.51%)Delayed as of 08 May 2024, 01:23 pm ET

Market Summary

ED
USD98.00+0.50
Delayedas of 08 May 2024, 01:23 pm
0.51%

ED Alerts

  • 1 major insider buys recently.
  • Big fall in earnings (Y/Y)

ED Stock Price

View Fullscreen

ED RSI Chart

ED Valuation

Market Cap

33.7B

Price/Earnings (Trailing)

18.65

Price/Sales (Trailing)

2.32

EV/EBITDA

10.48

Price/Free Cashflow

12.78

ED Price/Sales (Trailing)

ED Profitability

EBT Margin

15.36%

Return on Equity

8.36%

Return on Assets

2.71%

Free Cashflow Yield

7.82%

ED Fundamentals

ED Revenue

Revenue (TTM)

14.5B

Rev. Growth (Yr)

-2.79%

Rev. Growth (Qtr)

24.27%

ED Earnings

Earnings (TTM)

1.8B

Earnings Growth (Yr)

-49.65%

Earnings Growth (Qtr)

114.61%

Breaking Down ED Revenue

52 Week Range

81.06100.08
(Low)(High)

Last 7 days

3.3%

Last 30 days

8.7%

Last 90 days

9.0%

Trailing 12 Months

-1.5%

How does ED drawdown profile look like?

ED Financial Health

Current Ratio

0.99

Debt/Equity

1.03

Debt/Cashflow

0.12

ED Investor Care

Dividend Yield

3.34%

Dividend/Share (TTM)

3.26

Buy Backs (1Y)

0.20%

Diluted EPS (TTM)

5.23

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202414.5B000
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
Apr 30, 2024
hoglund robert n
bought
2,314
94.4
24.521
svp & cfo
Apr 30, 2024
nachmias stuart
bought
666
94.4
7.062
president & ceo cet
Apr 30, 2024
miller joseph
bought
222
94.4
2.354
vp & controller
Apr 30, 2024
sanchez robert
bought
2,311
94.4
24.482
pres. cecony, shared services
Apr 30, 2024
donnley deneen l
bought
2,313
94.4
24.506
svp and general counsel
Apr 30, 2024
hensley jennifer
bought
4,444
94.4
47.081
svp, corporate affairs
Apr 30, 2024
cawley timothy
bought
2,315
94.4
24.529
chairman, president & ceo
Mar 31, 2024
hensley jennifer
bought
4,534
90.81
49.934
svp, corporate affairs
Mar 29, 2024
sanchez robert
bought
6,654
90.81
73.278
president & ceo, o&r
Mar 29, 2024
miller joseph
bought
1,153
90.81
12.697
vp & controller

1–10 of 50

Which funds bought or sold ED recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Integrated Advisors Network LLC
reduced
-29.35
-408,631
977,570
0.05%
May 06, 2024
Manchester Capital Management LLC
added
19.23
4,049
25,336
-%
May 06, 2024
Advisors Capital Management, LLC
added
30.38
92,000
395,000
0.01%
May 06, 2024
Envestnet Portfolio Solutions, Inc.
added
14.59
179,877
1,430,010
-%
May 06, 2024
Addison Advisors LLC
unchanged
-
-597
338,449
0.12%
May 06, 2024
LSV ASSET MANAGEMENT
reduced
-0.79
-34,000
3,414,000
0.01%
May 06, 2024
Insight Advisors, LLC/ PA
unchanged
-
-704
399,564
0.08%
May 06, 2024
GABLES CAPITAL MANAGEMENT INC.
unchanged
-
-64.00
36,324
0.02%
May 06, 2024
Mystic Asset Management, Inc.
unchanged
-
-1,469
834,090
0.34%
May 06, 2024
Parallel Advisors, LLC
reduced
-10.18
-75,014
650,471
0.02%

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
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
8-K
Current Report
Apr 10, 2024
DEF 14A
DEF 14A

Peers (Alternatives to Consolidated Edison Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
47.4B
19.3B
7.05% -1.58%
16.81
2.45
-2.13% 41.75%
25.7B
4.3B
11.23% -10.61%
26.78
5.96
10.78% 15.26%
19.8B
7.3B
2.26% -16.59%
17.18
2.73
-10.88% 5.77%
18.2B
3.9B
3.54% 2.11%
19.62
4.6
-15.47% 16.09%
15.3B
28.5B
0.80% 134.27%
9.3
0.54
-9.05% 188.86%
14.2B
8.3B
2.11% -9.74%
15.96
1.72
0.05% 30.98%
13.4B
12.5B
4.09% -12.64%
-2.1K
1.07
-3.77% 98.49%
2.5B
670.6M
7.54% -12.28%
28.27
3.68
-1.48% -2.88%
MID-CAP
8.7B
4.7B
5.02% -4.27%
16.1
1.85
4.84% 12.15%
3.6B
1.9B
6.36% 0.93%
14.7
1.93
19.68% 30.53%
3.0B
1.9B
9.19% -14.89%
15.71
1.57
9.47% 35.66%
SMALL-CAP
427.3M
180.2M
3.95% 58.13%
14.37
2.37
91.50% 388.02%
158.3M
2.0M
-5.60% -49.46%
-5.03
78.74
33.96% -26.84%
35.3M
415.8M
1.67% 4.09%
1.49
0.08
-11.16% 525.10%
8.2M
-
-24.26% -34.81%
-10.98
12.3
-88.45% 83.25%

Consolidated Edison Inc News

Latest updates
Yahoo Singapore News4 hours ago
Yahoo Movies Canada06 May 202405:09 am
Sure Dividend23 Apr 202407:00 am
PR Newswire18 Apr 202407:00 am

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue24.3%4,2803,4443,8722,9444,4034,0314,1653,4154,0603,4153,6132,9713,6772,9603,3332,7193,2342,9513,3652,7443,514
Operating Expenses8.3%3,2392,9923,1492,6733,5193,4813,2763,0283,2612,7182,7632,5532,8172,4532,4732,2402,4262,3862,4982,2862,728
EBITDA Margin-11.4%0.37*0.41*0.39*0.39*0.38*0.32*0.32*0.32*0.32*0.32*0.31*0.31*---------
Interest Expenses-4.0%255266259236262266199205182236232261176223226247322254262219221
Income Taxes159.2%18471.0014429.0024316816017.00153-4.00127-11.0078.00-93.001199.0055.0053.0011619.00108
Earnings Before Taxes123.2%9044056702551,673341779271707182596107498-44.50621211447366619198553
EBT Margin-25.0%0.15*0.20*0.19*0.20*0.19*0.13*0.13*0.12*0.11*0.10*0.09*0.09*---------
Net Income114.6%7203365262261,43021561325455424753811842029.00493202392271473179445
Net Income Margin-27.6%0.12*0.17*0.16*0.16*0.16*0.10*0.11*0.11*0.10*0.10*0.08*0.08*---------
Free Cashflow-41.2%573975-34.001,02141.001,2666101,4334229702681,053---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.5%66,68066,33164,40563,77162,80469,06565,76365,07263,73763,11662,93862,91962,29962,89559,59559,08159,15958,07955,94055,60255,066
  Current Assets-5.7%6,1666,5375,9396,2035,86812,9725,7336,0165,4625,5515,0965,1104,5875,3014,2044,5645,0264,2723,5813,7073,781
    Cash Equivalents-85.3%1751,1895391,9557711,28278.001,1271081,14666.001,06776.001,4361531,1441,3951,21778.00831406
  Net PPE0.5%49,85449,60848,53547,92747,29046,76650,39249,66049,01848,59647,94747,33947,06946,55545,56444,89744,43543,88943,23442,74542,152
  Goodwill0%408408408408407408439439439439446446446446446446446446446440440
  Current Liabilities-3.4%6,2446,4626,0506,0724,89511,3366,8906,8235,4155,4275,2555,5576,5597,3547,1606,7056,3116,2876,2195,9696,348
  Short Term Borrowings------400-------165-------
  Long Term Debt-100.0%-22,24020,65020,64820,64523,44122,35022,36122,58323,04421,84121,66620,61422,34919,20619,14919,42319,97317,53717,49616,933
    LT Debt, Current-100.0%-251---1,002---440---1,967-1,9652,0931,4461,9141,9722,029
    LT Debt, Non Current-0.3%21,92921,98920,65020,64820,64522,43922,35022,36122,58322,60421,84121,66620,61420,38219,20619,14919,42318,52717,53717,49616,933
Shareholder's Equity2.2%21,61521,15821,07820,80520,84320,68720,97620,62120,62320,33620,37720,05319,28219,06518,71118,44118,46718,21318,13417,86517,501
Accumulated Depreciation0%24.0024.0024.0023.0023.0023.0073123.0023.0062659055555552248925.00423391357329296
Shares Outstanding0.0%346345345350353355355354354348347345---------
Minority Interest------202228234245299340310249218217216206191175156132
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-41.2%57397517.001,07292.001,3176611,4844731,0213191,1042898301887684121,1744221,074464
Cashflow From Investing0.8%-1,344-1,355-1,100-1,1662,618-1,219-1,228-1,166-952-1,047-437-904-1,096-1,240-1,052-964-968-898-1,008-988-888
Cashflow From Financing-124.2%-2491,029-3271,276-3,4661,191-432725-470957-845821-4721,532-167-33.00913688-131410-108
  Dividend Payments-100.0%-267267278284277268268276262261254253244244244243234235229226
  Buy Backs-----1,000----------------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

ED Income Statement

2024-03-31
CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUES  
TOTAL OPERATING REVENUES$ 4,280$ 4,403
OPERATING EXPENSES  
Depreciation and amortization539499
Taxes, other than income taxes808765
TOTAL OPERATING EXPENSES3,2393,519
Gain (Loss) on sale of the Clean Energy Businesses(30)855
OPERATING INCOME1,0111,739
OTHER INCOME (DEDUCTIONS)  
Investment income198
Other income164204
Allowance for equity funds used during construction106
Other deductions(11)(22)
TOTAL OTHER INCOME182196
INCOME BEFORE INTEREST AND INCOME TAX EXPENSE1,1931,935
INTEREST EXPENSE (INCOME)  
Interest on long-term debt255251
Other interest expense4824
Allowance for borrowed funds used during construction(14)(13)
NET INTEREST EXPENSE289262
INCOME BEFORE INCOME TAX EXPENSE9041,673
INCOME TAX EXPENSE184243
NET INCOME7201,430
Loss attributable to non-controlling interest0(3)
NET INCOME$ 720$ 1,433
Net income per common share - basic (dollars per share)$ 2.08$ 4.06
Net income per common share - diluted (dollars per share)$ 2.08$ 4.05
AVERAGE NUMBER OF SHARES OUTSTANDING-BASIC (shares)345.5352.9
AVERAGE NUMBER OF SHARES OUTSTANDING—DILUTED (shares)346.8354.2
Electric  
OPERATING REVENUES  
TOTAL OPERATING REVENUES$ 2,636$ 2,538
Gas  
OPERATING REVENUES  
TOTAL OPERATING REVENUES1,3561,430
OPERATING EXPENSES  
Operating costs267468
Steam  
OPERATING REVENUES  
TOTAL OPERATING REVENUES287306
Non-utility  
OPERATING REVENUES  
TOTAL OPERATING REVENUES1129
Purchased power  
OPERATING EXPENSES  
Operating costs649702
Fuel  
OPERATING EXPENSES  
Operating costs88189
Other operations and maintenance  
OPERATING EXPENSES  
Operating costs$ 888$ 896

ED Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS  
Cash and temporary cash investments$ 169$ 1,189
Accounts receivable – customers, net allowance for uncollectible accounts2,6182,418
Other receivables, net allowance for uncollectible accounts299444
Accrued unbilled revenue771722
Fuel oil, gas in storage, materials and supplies, at average cost442469
Prepayments1,023470
Regulatory assets210281
Restricted cash01
Revenue decoupling mechanism receivable280203
Fair value of derivative assets8852
Assets held for sale164163
Other current assets102125
TOTAL CURRENT ASSETS6,1666,537
INVESTMENTS1,041999
UTILITY PLANT, AT ORIGINAL COST  
General4,7554,835
TOTAL62,13661,309
Less: Accumulated depreciation14,77614,157
Net47,36047,152
Construction work in progress2,4812,442
NET UTILITY PLANT49,84149,594
NON-UTILITY PLANT  
Non-utility property, net accumulated depreciation1213
Construction work in progress11
NET PLANT49,85449,608
OTHER NONCURRENT ASSETS  
Goodwill408408
Regulatory assets5,0504,607
Pension and retiree benefits3,2673,275
Operating lease right-of-use asset521533
Fair value of derivative assets4848
Other deferred charges and noncurrent assets325316
TOTAL OTHER NONCURRENT ASSETS9,6199,187
TOTAL ASSETS66,68066,331
CURRENT LIABILITIES  
Long-term debt due within one year250250
Notes payable2,2992,288
Accounts payable1,4391,775
Customer deposits411396
Accrued taxes6373
Accrued interest298170
Accrued wages127125
Fair value of derivative liabilities113193
Regulatory liabilities258145
System benefit charge406444
Operating lease liabilities116116
Liabilities held for sale7776
Other current liabilities387411
TOTAL CURRENT LIABILITIES6,2446,462
NONCURRENT LIABILITIES  
Provision for injuries and damages183188
Pensions and retiree benefits633592
Superfund and other environmental costs1,1121,118
Asset retirement obligations527522
Fair value of derivative liabilities94121
Deferred income taxes and unamortized investment tax credits8,3388,069
Operating lease liabilities430429
Regulatory liabilities5,1745,328
Other deferred credits and noncurrent liabilities401417
TOTAL NONCURRENT LIABILITIES16,89216,784
LONG-TERM DEBT21,92921,927
COMMITMENTS, CONTINGENCIES, AND GUARANTEES (Note B, Note G, and Note H)
Common shareholders’ equity21,61521,158
TOTAL LIABILITIES AND EQUITY66,68066,331
Electric  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost39,77139,071
Gas  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost14,50014,318
Steam  
UTILITY PLANT, AT ORIGINAL COST  
Utility plant, at original cost$ 3,110$ 3,085
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 May 07 2024, market cap of Consolidated Edison Inc is 33.71 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 May 07 2024, ED's PE ratio (Price to Earnings) is 18.65 and Price to Sales (PS) ratio is 2.32. 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 0.092 (multiply by 100 for percentage) rate of return.