ED Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of ED, the DDM model generated by StockNews estimates a return of positive 163.72% in comparison to its current price. Digging deeper, the aspects of Consolidated Edison Inc's dividend discount model that we found most interesting were:

• In terms of opportunity, ED's provides a return of 163.72% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 90.95% of all stocks we measured with our dividend discount model.
• Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for ED than it is for 94.37% of other equities in the Utilities sector that also issue dividends.

ED Dividends vs. Peers