Consolidated Edison (NYSE:ED) Hasn't Managed To Accelerate Its Returns
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Has the U.S. Multi-Utilities Industry valuation changed over the past few years?
|Sun, 29 May 2022||US$369.3b||US$121.2b||US$10.2b||24.2x|
|Tue, 26 Apr 2022||US$370.5b||US$117.0b||US$10.7b||25.1x|
|Thu, 24 Mar 2022||US$349.5b||US$117.0b||US$10.7b||23.4x|
|Sat, 19 Feb 2022||US$332.8b||US$121.1b||US$9.8b||22.1x|
|Mon, 17 Jan 2022||US$338.0b||US$117.8b||US$10.1b||22.9x|
|Wed, 15 Dec 2021||US$329.0b||US$117.8b||US$10.1b||22.6x|
|Fri, 12 Nov 2021||US$316.0b||US$117.8b||US$10.1b||21.4x|
|Sun, 10 Oct 2021||US$308.7b||US$115.9b||US$13.8b||19.8x|
|Tue, 07 Sep 2021||US$315.5b||US$115.9b||US$13.8b||21.3x|
|Thu, 05 Aug 2021||US$316.5b||US$115.9b||US$13.8b||21.4x|
|Sun, 09 May 2021||US$320.7b||US$113.6b||US$14.7b||21.8x|
|Wed, 10 Feb 2021||US$283.5b||US$110.2b||US$10.7b||19.5x|
|Tue, 03 Nov 2020||US$299.9b||US$109.4b||US$10.4b||18.6x|
|Fri, 07 Aug 2020||US$296.1b||US$108.9b||US$11.2b||19.3x|
|Thu, 30 Apr 2020||US$280.3b||US$108.9b||US$9.6b||22.3x|
|Sun, 02 Feb 2020||US$331.5b||US$110.0b||US$11.1b||24x|
|Wed, 06 Nov 2019||US$316.7b||US$111.0b||US$11.1b||22.3x|
|Sat, 10 Aug 2019||US$294.2b||US$110.8b||US$10.1b||21.2x|
How does U.S. Multi-Utilities compare with similar industries?
Which companies have driven the market over the last 7 days?
CMS Energy is a $20.0 billion holding company for a gas and electric utility serving Michigan. It also has a small operation (financially) as an unregulated power generator. The company’s dividend yields 2.7%. Its beta is low and attractive at 0.26. However, it is subject to rising cost inflation across the board, including in its debt costs. CMS has reconfigured its future electric generation capacity away from reliable coal, natural gas, and nuclear and toward intermittent renewables. Yet its grid operator is already warning of blackouts.