Matthew Ketschke - Consolidated Edison President of CECONY
| ED Stock | USD 97.70 0.42 0.43% |
Insider
Matthew Ketschke is President of CECONY of Consolidated Edison since 2021.
| Age | 52 |
| Tenure | 3 years |
| Address | 4 Irving Place, New York, NY, United States, 10003 |
| Phone | 212 460 4600 |
| Web | https://www.conedison.com |
Consolidated Edison Management Efficiency
The company has Return on Asset (ROA) of 0.0308 % which means that for every $100 of assets, it generated a profit of $0.0308. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0851 %, which means that it produced $0.0851 on every 100 dollars invested by current stockholders. Consolidated Edison's management efficiency ratios could be used to measure how well Consolidated Edison manages its routine affairs as well as how well it operates its assets and liabilities. At present, Consolidated Edison's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, Consolidated Edison's Fixed Asset Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.41, whereas Non Current Assets Total are forecasted to decline to about 32.5 B.Similar Executives
| Showing other executives | INSIDER Age | ||
| Kimberly Fontan | Entergy Texas | 49 | |
| Wilson Junior | Centrais Eltricas Brasileiras | 65 | |
| Haley Fisackerly | Entergy Texas | 57 | |
| Mrcio Szechtman | Centrais Eltricas Brasileiras | 75 | |
| Luiz Figueira | Centrais Eltricas Brasileiras | 59 | |
| Joseph Henderson | Entergy Texas | 66 | |
| Leo Denault | Entergy Texas | 63 | |
| Marcella Solomon | Centrais Eltricas Brasileiras | N/A | |
| Elvira Presta | Centrais Eltricas Brasileiras | 56 | |
| Camila Arajo | Centrais Eltricas Brasileiras | 47 | |
| Rick Riley | Entergy Texas | N/A | |
| Maurcio Mazzini | Centrais Eltricas Brasileiras | N/A | |
| Andrew Marsh | Entergy Texas | 51 | |
| Marcus Brown | Entergy Texas | 61 | |
| Sallie Rainer | Entergy Texas | 61 | |
| Pedro Jatob | Centrais Eltricas Brasileiras | 67 | |
| Jose Barros | Centrais Eltricas Brasileiras | N/A | |
| Roderick West | Entergy Texas | 54 | |
| David Borde | Entergy Texas | N/A | |
Management Performance
| Return On Equity | 0.0851 | ||||
| Return On Asset | 0.0308 |
Consolidated Edison Leadership Team
Elected by the shareholders, the Consolidated Edison's board of directors comprises two types of representatives: Consolidated Edison inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Consolidated. The board's role is to monitor Consolidated Edison's management team and ensure that shareholders' interests are well served. Consolidated Edison's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Consolidated Edison's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Karol Mason, Independent Director | ||
| Stuart Nachmias, President and Chief Executive Officer of Con Edison Transmission, Inc. | ||
| Jennifer Hensley, Sr Affairs | ||
| Robert Sanchez, Senior Vice President - Corporate and Shared Services of Consolidated Edison Company of New York, Inc. | ||
| Christina Ho, Vice Planning | ||
| Timothy Cawley, President, Chief Executive Officer of the Company and Chief Executive Officer of Con Edison of New York | ||
| John Killian, Independent Director | ||
| Matthew Ketschke, President of CECONY | ||
| John McAvoy, Chairman, CEO, Chairman of Executive Committee, Chairman of Consolidated Edison Company of New York Inc and CEO of Consolidated Edison Company of New York Inc | ||
| Lore Bastide, Senior Vice President - Utility Shared Services of CECONY | ||
| Michael Ranger, Independent Director | ||
| Armando Olivera, Independent Director | ||
| Mary Kelly, Senior Vice President - Corporate Shared Services of CECONY | ||
| Jan Childress, Director - Investor Relations | ||
| Mark Noyes, President and Chief Executive Officer of Con Edison Clean Energy Businesses, Inc. | ||
| Joseph Miller, Vice President Controller of of Con Edison and CECONY | ||
| Robert Hoglund, Chief Financial Officer, Senior Vice President | ||
| William Mulrow, Independent Director | ||
| Vicki Kuo, I York | ||
| Gurudatta Nadkarni, Vice President - Strategic Planning Consolidated Edison Company of New York, Inc. | ||
| Venetia Lannon, Health Environment | ||
| Yukari Saegusa, Treasurer and Vice President of Consolidated Edison, Inc. | ||
| Deirdre Stanley, Independent Director | ||
| L Sutherland, Independent Director | ||
| George Campbell, Independent Director | ||
| Deneen Donnley, Senior Vice President, General Counsel of Con Edison and CECONY | ||
| Ellen Futter, Director | ||
| Dwight McBride, Independent Director | ||
| Sylvia Dooley, VP Secretary | ||
| Frances Resheske, Senior Vice President - Corporate Affairs of Consolidated Edison Company of New York, Inc. | ||
| Robert Muccilo, Principal Accounting Officer, VP and Controller | ||
| Linda Sanford, Independent Director |
Consolidated Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Consolidated Edison a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0851 | ||||
| Return On Asset | 0.0308 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 58.79 B | ||||
| Shares Outstanding | 345.84 M | ||||
| Shares Owned By Insiders | 0.17 % | ||||
| Shares Owned By Institutions | 68.21 % | ||||
| Number Of Shares Shorted | 6.19 M | ||||
| Price To Earning | 20.35 X |
Pair Trading with Consolidated Edison
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Consolidated Edison position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Consolidated Edison will appreciate offsetting losses from the drop in the long position's value.Moving together with Consolidated Stock
| 0.82 | D | Dominion Energy | PairCorr |
| 0.69 | ES | Eversource Energy | PairCorr |
| 0.79 | FE | FirstEnergy | PairCorr |
Moving against Consolidated Stock
| 0.66 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
| 0.55 | CMS-PC | CMS Energy | PairCorr |
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Consolidated Edison - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Consolidated Edison to buy it.
The correlation of Consolidated Edison is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Consolidated Edison can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Consolidated Stock analysis
When running Consolidated Edison's price analysis, check to measure Consolidated Edison's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
Is Consolidated Edison's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Consolidated Edison. If investors know Consolidated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Consolidated Edison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.49) | Dividend Share 3.26 | Earnings Share 5.24 | Revenue Per Share 42.041 | Quarterly Revenue Growth (0.03) |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.