Consolidated Edison Inc. (ED)
Consolidated Edison Statistics
Share Statistics
Consolidated Edison has 360.2M shares outstanding. The number of shares has increased by 2.09% in one year.
| Shares Outstanding | 360.2M |
| Shares Change (YoY) | 2.09% |
| Shares Change (QoQ) | 1.91% |
| Owned by Institutions (%) | 71.24% |
| Shares Floating | 359.43M |
| Failed to Deliver (FTD) Shares | 19.16K |
| FTD / Avg. Volume | 0.65% |
Short Selling Information
The latest short interest is 8.42M, so 2.39% of the outstanding shares have been sold short.
| Short Interest | 8.42M |
| Short % of Shares Out | 2.39% |
| Short % of Float | 3.06% |
| Short Ratio (days to cover) | 3.16 |
Valuation Ratios
The PE ratio is 16.96 and the forward PE ratio is 18.51. Consolidated Edison's PEG ratio is -0.62.
| PE Ratio | 16.96 |
| Forward PE | 18.51 |
| PS Ratio | 2.02 |
| Forward PS | 2.2 |
| PB Ratio | 1.41 |
| P/FCF Ratio | 9.19 |
| PEG Ratio | -0.62 |
Enterprise Valuation
Consolidated Edison has an Enterprise Value (EV) of 31.22B.
| EV / Sales | 2.05 |
| EV / EBITDA | 5.7 |
| EV / EBIT | 9.3 |
| EV / FCF | 9.3 |
Financial Position
The company has a current ratio of 0.51, with a Debt / Equity ratio of 0.02.
| Current Ratio | 0.51 |
| Quick Ratio | 0.51 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.06 |
| Debt / FCF | 0.1 |
| Interest Coverage | 2.25 |
Financial Efficiency
Return on Equity is 8.29% and Return on Invested Capital is 10.19%.
| Return on Equity | 8.29% |
| Return on Assets | 7.91% |
| Return on Invested Capital | 10.19% |
| Revenue Per Employee | $1.01M |
| Profits Per Employee | $120.55K |
| Employee Count | 15,097 |
| Asset Turnover | 0.66 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 318M |
| Effective Tax Rate | 14.87% |
Stock Price Statistics
The stock price has increased by 18.8% in the last 52 weeks. The beta is 0.26, so Consolidated Edison's price volatility has been higher than the market average.
| Beta | 0.26 |
| 52-Week Price Change | 18.8% |
| 50-Day Moving Average | 105.64 |
| 200-Day Moving Average | 99.84 |
| Relative Strength Index (RSI) | 54.14 |
| Average Volume (20 Days) | 2.96M |
Income Statement
In the last 12 months, Consolidated Edison had revenue of 15.26B and earned 1.82B in profits. Earnings per share was 5.26.
| Revenue | 15.26B |
| Gross Profit | 12.52B |
| Operating Income | 2.67B |
| Net Income | 1.82B |
| EBITDA | 5.48B |
| EBIT | 3.33B |
| Earnings Per Share (EPS) | 5.26 |
Balance Sheet
The company has 1M in cash and 348M in debt, giving a net cash position of -347M.
| Cash & Cash Equivalents | 1M |
| Total Debt | 348M |
| Net Cash | -347M |
| Retained Earnings | 11.94B |
| Total Assets | 70.56B |
| Working Capital | 231M |
Cash Flow
In the last 12 months, operating cash flow was 3.36B and capital expenditures 0, giving a free cash flow of 3.36B.
| Operating Cash Flow | 3.36B |
| Capital Expenditures | 0 |
| Free Cash Flow | 3.36B |
| FCF Per Share | 9.71 |
Margins
Gross margin is 82.05%, with operating and profit margins of 17.5% and 11.93%.
| Gross Margin | 82.05% |
| Operating Margin | 17.5% |
| Pretax Margin | 14.01% |
| Profit Margin | 11.93% |
| EBITDA Margin | 35.92% |
| EBIT Margin | 17.5% |
| FCF Margin | 22.01% |
Dividends & Yields
ED pays an annual dividend of $4.19, which amounts to a dividend yield of 3.01%.
| Dividend Per Share | $4.19 |
| Dividend Yield | 3.01% |
| Dividend Growth (YoY) | 2.41% |
| Payout Ratio | 80.58% |
| Earnings Yield | 5.9% |
| FCF Yield | 10.88% |
Analyst Forecast
The average price target for ED is $103, which is -6.7% lower than the current price. The consensus rating is "Hold".
| Price Target | $103 |
| Price Target Difference | -6.7% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Stock Splits
The last stock split was on Jul 3, 1989. It was a forward split with a ratio of 2:1.
| Last Split Date | Jul 3, 1989 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.14 |
| Piotroski F-Score | 6 |