Skip to Content

Consolidated Edison Inc ED

Morningstar Rating
$96.34 −0.17 (0.18%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

ED is trading at a 688% premium.
Price
$96.51
Fair Value
$38.00
Uncertainty
Low
1-Star Price
$439.27
5-Star Price
$92.70
Economic Moat
Nlswj
Capital Allocation
Vwphwbc

Bulls Say, Bears Say

Bulls

We think Con Ed received a good price for its renewable energy business. It now has the capital to execute its utility investment growth plan.

Bears

New York regulators have awarded Con Ed's utilities allowed returns on equity below industry averages.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ED is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$96.51
Day Range
$95.8797.20
52-Week Range
$80.4698.85
Bid/Ask
$95.50 / $97.00
Market Cap
$33.32 Bil
Volume/Avg
1.5 Mil / 1.9 Mil

Key Statistics

Price/Earnings (Normalized)
19.82
Price/Sales
2.31
Dividend Yield (Trailing)
3.40%
Dividend Yield (Forward)
3.44%
Total Yield
3.38%

Company Profile

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.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Mid Value
Total Number of Employees
14,592

Competitors

Valuation

Metric
ED
PEG
DTE
Price/Earnings (Normalized)
19.8221.8619.17
Price/Book Value
1.542.362.15
Price/Sales
2.313.631.97
Price/Cash Flow
7.8114.867.91
Price/Earnings
ED
PEG
DTE

Financial Strength

Metric
ED
PEG
DTE
Quick Ratio
0.770.540.31
Current Ratio
1.010.790.60
Interest Coverage
3.943.862.91
Quick Ratio
ED
PEG
DTE

Profitability

Metric
ED
PEG
DTE
Return on Assets (Normalized)
2.78%2.64%2.84%
Return on Equity (Normalized)
8.52%8.74%11.51%
Return on Invested Capital (Normalized)
5.87%5.22%6.14%
Return on Assets
ED
PEG
DTE
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Regulated Electric Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NEE
NextEra Energy IncGddzfftrpRhprjt$156.3 Bil
SO
Southern CoJqrwfhszjXcplxt$86.6 Bil
DUK
Duke Energy CorpZbrqwpfxZsgvlrs$80.0 Bil
NGG
National Grid PLC ADRFzrznfjvPszpb$53.4 Bil
AEP
American Electric Power Co IncLcxtsdzXchzht$48.8 Bil
PCG
PG&E CorpNfzlqyhJtlt$48.6 Bil
D
Dominion Energy IncJvgcyxgzLsxyt$45.1 Bil
EXC
Exelon CorpWfbttkdlRylltn$38.5 Bil
PEG
Public Service Enterprise Group IncYqrjvhzkQdfxp$37.0 Bil

Sponsor Center