Consolidated Edison ED
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Consolidated Edison (ED) Business Model and Operations Summary
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Key Insights
Consolidated Edison (ED) Core Market Data and Business Metrics
Latest Closing Price
$109.58Market Cap
$38.06 BillionPrice-Earnings Ratio
20.91Total Outstanding Shares
346.15 Million SharesTotal Employees
14,592Dividend
$0.85 Per Share QuarterlyIPO Date
June 21, 1948SIC Description
Electric & Other Services CombinedPrimary Exchange
New York Stock ExchangeHeadquarters
4 Irving Place, New York, NY, 10003
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 3,598,300 Shares | 2.37 | 3/14/2025 | 8,522,247 Shares |
| 3,165,217 Shares | 5.3 | 2/28/2025 | 16,785,769 Shares |
| 2,264,821 Shares | 7.05 | 2/14/2025 | 15,969,608 Shares |
| 2,838,671 Shares | 5.56 | 1/31/2025 | 15,796,803 Shares |
| 2,039,035 Shares | 7.62 | 1/15/2025 | 15,542,188 Shares |
| 2,194,331 Shares | 6.79 | 12/31/2024 | 14,909,076 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $1.80 Billion |
| Net Cash Flow From Operating Activities | $3.61 Billion |
| Net Cash Flow | $138 Million |
| Net Cash Flow From Operating Activities, Continuing | $3.61 Billion |
| Net Cash Flow From Financing Activities, Continuing | $1.80 Billion |
| Net Cash Flow, Continuing | $138 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations Before Tax | $2.14 Billion |
| Benefits Costs and Expenses | $13.12 Billion |
| Net Income/Loss Available To Common Stockholders, Basic | $1.82 Billion |
| Diluted Average Shares | $347.30 Million |
| Operating Income/Loss | $2.67 Billion |
| Interest And Debt Expense | $1.25 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $7 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $1.83 Billion |
| Other Comprehensive Income/Loss Attributable To Parent | $7 Million |
| Comprehensive Income/Loss Attributable To Parent | $1.83 Billion |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Wages | $127 Million |
| Long-term Debt | $24.71 Billion |
| Other Non-current Liabilities | $17.46 Billion |
| Current Assets | $6.66 Billion |
| Prepaid Expenses | $445 Million |
| Accounts Payable | $1.68 Billion |
Historical Dividends
Current dividend: $0.85 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 16, 2025 | Mar 14, 2025 | Feb 19, 2025 | $0.85 | Quarterly |
| Oct 17, 2024 | Dec 16, 2024 | Nov 13, 2024 | $0.83 | Quarterly |
| Jul 18, 2024 | Sep 16, 2024 | Aug 14, 2024 | $0.83 | Quarterly |
| Jan 18, 2024 | Mar 15, 2024 | Feb 14, 2024 | $0.83 | Quarterly |
| Oct 19, 2023 | Dec 15, 2023 | Nov 15, 2023 | $0.81 | Quarterly |
| Jul 20, 2023 | Sep 15, 2023 | Aug 16, 2023 | $0.81 | Quarterly |