Digital Realty Trust, Inc. vs Consolidated Edison, Inc. — how do they compare? Digital Realty Trust, Inc. trades at $173.11 (market cap $65.83B), while Consolidated Edison, Inc. trades at $111.89 (market cap $41.21B). The key difference: Digital Realty Trust, Inc. is the larger of the two by market cap, and Consolidated Edison, Inc. pays the higher dividend (3.11%). Which is the better fit depends on your goals.
| DLR | ED | |
|---|---|---|
Market Cap | $65.83B | $41.21B |
Sector | Real Estate | Utilities |
52-Week High | $203.91 | $115.46 |
52-Week Low | $147.93 | $95.37 |
Enterprise Value | $83.35B | $68.24B |
Dividend Yield | 2.74% | 3.11% |
Trailing returns across standard periods
Digital Realty owns and operates nearly 300 data centers worldwide. It has more than 35 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to cold shells, where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network connections. Digital Realty operates as a real estate investment trust.
Read more on DLR →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.
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