Michael Ranger - Consolidated Edison Independent Director

ED Stock  USD 108.95  0.00  0.00%   

Director

Mr. Michael W. Ranger is an Independent Director of the Company., since February 2008. Mr. Ranger was Senior Managing Director of Diamond Castle Holdings LLC, New York, NY, a private equity investment firm, since 2004 and NonExecutive Chairman of KDC Solar LLC since 2010. Mr. Ranger was an investment banker in the energy and power sector for twenty years, including at Credit Suisse First Boston, Donaldson, Lufkin and Jenrette, DLJ Global Energy Partners, and Drexel Burnham Lambert. Mr. Ranger was also a member of the Utility Banking Group at Bankers Trust. Mr. Ranger is a Trustee of Con Edison of New York and a Director of Covanta Holding Corporationrationration. Mr. Ranger is also a Director or Trustee of KDC Solar LLC and Professional Directional Enterprises, Inc., and is a Trustee and Vice Chair of St. Lawrence University. Mr. Ranger also served as a Trustee of MorristownBeard School through 2017 and Director of Bonten Media Group Inc. through 2017. Mr. Ranger has investment experience focusing on the energy and power sector, investment banking experience in the energy and power sector, and experience as a member of a utility banking group. Mr. Rangers experience from his investment activities in the energy and power sector and his service on other boards supports the Board in its oversight of the Companys corporate governance and financial and strategic planning activities. since 2008.
Age 62
Tenure 18 years
Address 4 Irving Place, New York, NY, United States, 10003
Phone212 460 4600
Webhttps://www.conedison.com

Consolidated Edison Management Efficiency

The company has Return on Asset (ROA) of 0.0326 % which means that for every $100 of assets, it generated a profit of $0.0326. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0884 %, which means that it produced $0.0884 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. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.08. At present, Consolidated Edison's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 8 B, whereas Other Current Assets are forecasted to decline to about 921.7 M.
Consolidated Edison reports 27.82 B of total liabilities with total debt to equity ratio (D/E) of 1.24, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. That said, strategic use of leverage may enable Consolidated to fund expansion initiatives and generate superior returns.

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Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company was founded in 1823 and is based in New York, New York. Consolidated Edison operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 13871 people. Consolidated Edison (ED) is traded on New York Stock Exchange in USA and employs 15,097 people. Consolidated Edison is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

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
Kamran Ziaee, SVP Officer
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
Kirkland Andrews, Executive CFO
Yukari Saegusa, Treasurer and Vice President of Consolidated Edison, Inc.
Deirdre Stanley, Independent Director
Michele OConnell, I Utilities
L Sutherland, Independent Director
George Campbell, Independent Director
Deneen Donnley, Senior Vice President, General Counsel of Con Edison and CECONY
Ellen Futter, Director
Deneen JD, Senior Counsel
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.

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Will Multi-Utilities sector continue expanding? Could Consolidated diversify its offerings? Factors like these will boost the valuation of Consolidated Edison. Projected growth potential of Consolidated fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Consolidated Edison data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.124
Dividend Share
3.38
Earnings Share
5.72
Revenue Per Share
46.889
Quarterly Revenue Growth
0.107
Understanding Consolidated Edison requires distinguishing between market price and book value, where the latter reflects Consolidated's accounting equity. The concept of intrinsic value - what Consolidated Edison's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Consolidated Edison's price substantially above or below its fundamental value.
It's important to distinguish between Consolidated Edison's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Consolidated Edison should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Consolidated Edison's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.