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
| Peer | P/E | P/B | P/S | EV/EBITDA | ROIC % | Net margin % |
|---|---|---|---|---|---|---|
| D | 22.21 | 1.95 | 3.08 | 14.91 | — | 0.14 |
| SRE | 23.53 | 1.63 | 3.92 | 13.80 | — | 0.17 |
| WEC | 20.05 | 2.40 | 3.35 | 13.84 | — | 0.17 |
| PEG | 17.52 | 2.04 | 2.81 | 13.70 | — | 0.16 |
| AEE | 18.09 | 2.09 | 3.28 | 12.07 | — | 0.18 |