Consolidated Edison (ED) Competitors

$93.43
+0.59 (+0.64%)
(As of 04/24/2024 ET)

ED vs. PEG, PCG, WEC, AEE, NI, XEL, EXC, LNT, EVRG, and DUK

Should you be buying Consolidated Edison stock or one of its competitors? The main competitors of Consolidated Edison include Public Service Enterprise Group (PEG), PG&E (PCG), WEC Energy Group (WEC), Ameren (AEE), NiSource (NI), Xcel Energy (XEL), Exelon (EXC), Alliant Energy (LNT), Evergy (EVRG), and Duke Energy (DUK). These companies are all part of the "electric & other services combined" industry.

Consolidated Edison vs.

Public Service Enterprise Group (NYSE:PEG) and Consolidated Edison (NYSE:ED) are both large-cap utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, institutional ownership, community ranking, dividends, profitability, valuation, media sentiment and analyst recommendations.

Public Service Enterprise Group received 137 more outperform votes than Consolidated Edison when rated by MarketBeat users. Likewise, 56.69% of users gave Public Service Enterprise Group an outperform vote while only 41.55% of users gave Consolidated Edison an outperform vote.

CompanyUnderperformOutperform
Public Service Enterprise GroupOutperform Votes
513
56.69%
Underperform Votes
392
43.31%
Consolidated EdisonOutperform Votes
376
41.55%
Underperform Votes
529
58.45%

Public Service Enterprise Group has a net margin of 22.81% compared to Public Service Enterprise Group's net margin of 17.19%. Consolidated Edison's return on equity of 11.53% beat Public Service Enterprise Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Public Service Enterprise Group22.81% 11.53% 3.50%
Consolidated Edison 17.19%8.41%2.74%

Public Service Enterprise Group pays an annual dividend of $2.40 per share and has a dividend yield of 3.6%. Consolidated Edison pays an annual dividend of $3.32 per share and has a dividend yield of 3.6%. Public Service Enterprise Group pays out 46.8% of its earnings in the form of a dividend. Consolidated Edison pays out 46.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Public Service Enterprise Group has raised its dividend for 13 consecutive years and Consolidated Edison has raised its dividend for 51 consecutive years.

In the previous week, Public Service Enterprise Group had 1 more articles in the media than Consolidated Edison. MarketBeat recorded 16 mentions for Public Service Enterprise Group and 15 mentions for Consolidated Edison. Public Service Enterprise Group's average media sentiment score of 0.77 beat Consolidated Edison's score of 0.53 indicating that Consolidated Edison is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Public Service Enterprise Group
8 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Consolidated Edison
6 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Public Service Enterprise Group has a beta of 0.58, suggesting that its share price is 42% less volatile than the S&P 500. Comparatively, Consolidated Edison has a beta of 0.35, suggesting that its share price is 65% less volatile than the S&P 500.

Public Service Enterprise Group has higher earnings, but lower revenue than Consolidated Edison. Consolidated Edison is trading at a lower price-to-earnings ratio than Public Service Enterprise Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Public Service Enterprise Group$11.24B2.98$2.56B$5.1313.11
Consolidated Edison$14.66B2.20$2.52B$7.1813.01

73.3% of Public Service Enterprise Group shares are owned by institutional investors. Comparatively, 66.3% of Consolidated Edison shares are owned by institutional investors. 0.2% of Public Service Enterprise Group shares are owned by company insiders. Comparatively, 0.1% of Consolidated Edison shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Public Service Enterprise Group presently has a consensus target price of $67.15, indicating a potential downside of 0.02%. Consolidated Edison has a consensus target price of $87.54, indicating a potential downside of 6.58%. Given Consolidated Edison's stronger consensus rating and higher probable upside, equities research analysts plainly believe Public Service Enterprise Group is more favorable than Consolidated Edison.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Public Service Enterprise Group
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.62
Consolidated Edison
4 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.75

Summary

Public Service Enterprise Group beats Consolidated Edison on 16 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ED and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ED vs. The Competition

MetricConsolidated EdisonElectric & other services combined IndustryUtilities SectorNYSE Exchange
Market Cap$32.28B$16.08B$11.72B$17.43B
Dividend Yield3.58%3.94%4.22%3.56%
P/E Ratio13.0113.8577.6622.87
Price / Sales2.201.9424.8311.66
Price / Cash8.447.5317.9617.62
Price / Book1.521.631.854.91
Net Income$2.52B$865.93M$585.13M$963.51M
7 Day Performance3.43%2.96%2.16%2.32%
1 Month Performance5.45%7.26%0.10%-2.03%
1 Year Performance-6.42%-12.26%-3.20%90.14%

Consolidated Edison Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PEG
Public Service Enterprise Group
4.7717 of 5 stars
$66.49
-0.3%
$67.15
+1.0%
+3.7%$33.26B$11.24B12.9612,543Upcoming Earnings
Analyst Report
News Coverage
PCG
PG&E
2.955 of 5 stars
$16.96
+0.1%
$18.89
+11.4%
+0.4%$36.22B$24.43B16.1528,010Upcoming Earnings
Analyst Report
Options Volume
WEC
WEC Energy Group
4.5491 of 5 stars
$81.97
flat
$86.64
+5.7%
-15.5%$25.86B$8.89B19.427,000Upcoming Earnings
Dividend Announcement
Analyst Report
Positive News
AEE
Ameren
3.9668 of 5 stars
$74.02
-0.5%
$79.40
+7.3%
-17.7%$19.73B$7.50B16.949,372Analyst Revision
NI
NiSource
4.4251 of 5 stars
$27.93
+0.1%
$29.00
+3.8%
-2.5%$12.52B$5.51B19.007,411Upcoming Earnings
Positive News
XEL
Xcel Energy
4.4547 of 5 stars
$55.27
+0.6%
$62.83
+13.7%
-21.5%$30.70B$14.21B17.2211,311Upcoming Earnings
EXC
Exelon
2.4318 of 5 stars
$37.56
-0.3%
$38.92
+3.6%
-13.1%$37.54B$21.73B16.1219,962Analyst Report
LNT
Alliant Energy
4.1102 of 5 stars
$49.97
+0.2%
$51.36
+2.8%
-9.6%$12.80B$4.03B17.973,281Analyst Report
EVRG
Evergy
2.5074 of 5 stars
$52.25
0.0%
$56.00
+7.2%
-17.1%$12.00B$5.51B16.434,658
DUK
Duke Energy
4.469 of 5 stars
$98.20
+0.1%
$100.62
+2.5%
-0.2%$75.76B$29.06B27.6627,037Analyst Report
Options Volume

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This page (NYSE:ED) was last updated on 4/24/2024 by MarketBeat.com Staff

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