Consolidated Edison's core rate-regulated electric and natural gas distribution utilities in New York and New Jersey have produced stable earnings and dividend growth despite regulatory challenges historically. Now we think regulation is becoming more constructive as all stakeholders in the region pursue aggressive clean energy goals.
We think Con Ed received a good price for its renewable energy business. It now has the capital to execute its investment growth plan at its utilities.
New York regulators have awarded Con Ed's utilities allowed returns on equity below industry averages.
|
Metric
|
ED
|
ES
|
PEG
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.29 | 15.29 | 27.34 |
Price/Book Value | 1.68 | 1.60 | 2.87 |
Price/Sales | 2.45 | 2.06 | 4.44 |
Price/Cash Flow | 8.25 | 10.91 | 18.30 |
|
Metric
|
ED
|
ES
|
PEG
|
|---|---|---|---|
Quick Ratio | 0.82 | 0.27 | 0.32 |
Current Ratio | 1.04 | 0.75 | 0.65 |
Interest Coverage | 2.97 | 1.05 | 3.27 |
|
Metric
|
ED
|
ES
|
PEG
|
|---|---|---|---|
Return on Assets (Normalized) | 2.71% | 2.22% | 2.56% |
Return on Equity (Normalized) | 8.38% | 8.39% | 8.44% |
Return on Invested Capital (Normalized) | 5.83% | 4.59% | 5.17% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| Gzgzrsqzm | Tfksqh | $175.6 Bil | |||
| Southern Co
SO
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| Duke Energy Corp
DUK
| Tmsbhqd | Xjwqk | $90.1 Bil | |||
| National Grid PLC ADR
NGG
| Hcrxhvs | Frn | $68.5 Bil | |||
| American Electric Power Co Inc
AEP
| Ddmjbjxg | Gglyqz | $54.2 Bil | |||
| PG&E Corp
PCG
| Yrpcjxvrk | Kgh | $52.1 Bil | |||
| Dominion Energy Inc
D
| Rbcpyqsb | Svfbq | $49.0 Bil | |||
| Public Service Enterprise Group Inc
PEG
| Kqlktbrl | Cyrvr | $45.3 Bil | |||
| Exelon Corp
EXC
| Vhjsvkvrh | Jhzdd | $41.0 Bil | |||
| Xcel Energy Inc
XEL
| Yznpzjxm | Sdvsqy | $36.3 Bil |
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United States