Consolidated Edison Inc. (Con Edison) incorporated in New York State in 1997, is a holding company that owns all of the outstanding common stock of Consolidated Edison Company of New York Inc. (CECONY), Orange and Rockland Utilities Inc. (O&R), Con Edison Clean Energy Businesses Inc. and Con Edison Transmission Inc. As used in this report, the term the “Companies” refers to Con Edison and CECONY.

Company profile
Ticker
ED
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
News

Earnings Scheduled For May 5, 2022
5 May 22
A Preview Of Consolidated Edison's Earnings
4 May 22
Benzinga's Top Ratings Upgrades, Downgrades For May 3, 2022
3 May 22
Wells Fargo Downgrades Consolidated Edison to Underweight
3 May 22
US Solar Industry Warns Against Slowdown Due To Tariffs On Solar Panel Imports
29 Apr 22
Press releases
CON EDISON DECLARES COMMON STOCK DIVIDEND
21 Apr 22
Con Edison Selects S&P Global KY3P® for Third Party Risk Management Due Diligence Questionnaires
21 Apr 22
MYR Group Inc. Subsidiary Awarded Timberland Solar Project with ConEdison
14 Apr 22
CON EDISON TO REPORT 1ST QUARTER 2022 EARNINGS ON MAY 5
7 Apr 22
Analyst ratings and price targets
Current price
Average target
$84.67
Low target
$72.00
High target
$100.00
Credit Suisse
Initiated
$100.00
Morgan Stanley
Maintains
$82.00
Keybanc
Maintains
$72.00
Calendar
5 May 22
2 Jul 22
31 Dec 22
Financial summary
Quarter (USD) | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
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Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 215M | 215M | 215M | 215M | 215M | 215M |
Cash burn (monthly) | 321M | 8.25M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 2.92B | 75.08M | n/a | n/a | n/a | n/a |
Cash remaining | -2.71B | 139.92M | n/a | n/a | n/a | n/a |
Runway (months of cash) | -8.4 | 17.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2022
63.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1044 |
Opened positions | 123 |
Closed positions | 82 |
Increased positions | 354 |
Reduced positions | 335 |
13F shares | Current |
---|---|
Total value | 21.4B |
Total shares | 226.38M |
Total puts | 1.16M |
Total calls | 1.41M |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 41.69M | $3.95B |
BLK Blackrock | 41.58M | $3.94B |
STT State Street | 28.57M | $2.71B |
Geode Capital Management | 7.22M | $682.56M |
LGEN Legal & General | 6.41M | $606.7M |
Lazard Asset Management | 6.33M | $599.77M |
IVZ Invesco | 4.54M | $429.9M |
NTRS Northern Trust | 4.04M | $382.15M |
Ubs Global Asset Management Americas | 3.99M | $378.1M |
APG Asset Management | 3.27M | $309.06M |
Financial report summary
?Management Discussion
- (a)Net income for common stock and earnings per share from the Clean Energy Businesses for the three months ended March 31, 2022 and 2021 includes $51 million or $0.15 a share and $49 million or $0.14 a share of net after-tax mark-to-market effects, respectively. Net income for common stock and earnings per share from the Clean Energy Businesses for the three months ended March 31, 2022 and 2021 also includes $36 million or $0.10 a share (after-tax) and ($1) million or $0.00 a share (after-tax), respectively, of the effects of HLBV accounting for tax equity investments in certain renewable and sustainable electric projects.
- (b)Net income for common stock from Con Edison Transmission for the three months ended March 31, 2021 includes $(125) million or $(0.36)
- a share of net after-tax goodwill impairment loss related to its investment in Stagecoach. See "Investments - 2021 Partial Impairment of Investment in Stagecoach Gas Services LLC (Stagecoach) in Note A to the First Quarter Financial Statements.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
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Readability |
H.S. junior Avg
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Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
18 May 22
8-K
Con Edison Reports 2022 First Quarter Earnings
4 May 22
8-K
Entry into a Material Definitive Agreement
31 Mar 22
8-K
Con Edison Reports 2021 Earnings
17 Feb 22
8-K
Other Events
2 Dec 21
8-K
Con Edison Names Timothy Cawley Chairman of the Board
22 Nov 21
8-K
Con Edison Reports 2021 Third Quarter Earnings
4 Nov 21
8-K
Con Edison Reports 2021 Second Quarter Earnings
5 Aug 21
8-K
Other Events
8 Jun 21
8-K
Submission of Matters to a Vote of Security Holders
19 May 21
Registration and prospectus
424B2
Prospectus for primary offering
30 Nov 21
FWP
Free writing prospectus
29 Nov 21
424B2
Prospectus for primary offering
29 Nov 21
S-3ASR
Automatic shelf registration
5 Aug 21
424B2
Prospectus for primary offering
4 Jun 21
FWP
Free writing prospectus
3 Jun 21
424B2
Prospectus for primary offering
3 Jun 21
424B2
Prospectus for primary offering
10 Nov 20
FWP
Free writing prospectus
9 Nov 20
424B2
Prospectus for primary offering
9 Nov 20
Proxies
DEF 14C
Information statement
4 Apr 12
DEF 14C
Information statement
7 Apr 11
DEF 14C
Information statement
8 Apr 10
DEF 14C
Information statement
8 Apr 09
DEF 14C
Information statement
17 Apr 08
DEF 14C
Information statement
19 Apr 07
DEF 14C
Information statement
23 Apr 06
DEF 14C
Information statement
20 Apr 05
DEF 14C
Information statement
21 Apr 04
DEF 14C
Information statement
21 Apr 03
Other
UPLOAD
Letter from SEC
24 Jan 21
CORRESP
Correspondence with SEC
22 Dec 20
UPLOAD
Letter from SEC
10 Dec 20
UPLOAD
Letter from SEC
25 Jun 18
UPLOAD
Letter from SEC
29 May 18
UPLOAD
Letter from SEC
21 Sep 14
CORRESP
Correspondence with SEC
14 Sep 14
UPLOAD
Letter from SEC
1 Sep 14
UPLOAD
Letter from SEC
10 Jun 13
UPLOAD
Letter from SEC
23 May 13
Reddit threads
What Are Your Moves Tomorrow, May 02, 2022
1 May 22
Historically, every downturn for BIG TECH has been a great buying opportunity.
29 Apr 22
U.S. stock futures sink, suggesting more possible losses Monday
25 Apr 22
Daily Discussion post - April 23 2022
23 Apr 22
Daily Discussion Thread - April 20, 2022
20 Apr 22
This may explain why the board didn’t jump at Elon’s offer
16 Apr 22
You guys are right! Going to be turning my attention towards SCHD over the next year.
15 Apr 22
Mama Cathie says ARKK will $450 in 5 years
12 Apr 22
What Are Your Moves Tomorrow - April 12, 2022
11 Apr 22
If you had to choose one dividend stock right now which would you choose? Criteria bellow but no AAPL, MSFT or Etfs
7 Apr 22