Conagra Brands Inc vs Consolidated Edison, Inc. — how do they compare? Conagra Brands Inc trades at $14.17 (market cap $6.86B), while Consolidated Edison, Inc. trades at $111.89 (market cap $41.21B). The key difference: Consolidated Edison, Inc. is far larger — about 6× Conagra Brands Inc's market cap, and Conagra Brands Inc pays the higher dividend (9.77%). Which is the better fit depends on your goals.
| CAG | ED | |
|---|---|---|
Market Cap | $6.86B | $41.21B |
Sector | Consumer Staples | Utilities |
52-Week High | $20.02 | $115.46 |
52-Week Low | $12.58 | $95.37 |
Enterprise Value | $14.13B | $68.24B |
Dividend Yield | 9.77% | 3.11% |
Trailing returns across standard periods
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
Read more on CAG →Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →