ED (ED) Stock Analysis

Verdict: HOLD

Regulated NYC distribution returns offer defensive yield stability, but regulatory rate caps and sell-side skepticism cap near-term upside.

Investment score: 50/100

The model views Consolidated Edison as a stable defensive hold. While its relative valuation is discount-priced compared to utility peers and its 3.56% dividend is well-covered (54.8% payout ratio), tight regulatory return caps in New York and heavy sell-side analyst skepticism limit re-rating catalysts.

Peers

PeerP/EP/BP/SEV/EBITDAROIC %Net margin %
D22.211.953.0814.910.14
SRE23.531.633.9213.800.17
WEC20.052.403.3513.840.17
PEG17.522.042.8113.700.16
AEE18.092.093.2812.070.18

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