Consolidated Edison, Inc. vs Global Payments Inc — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while Global Payments Inc trades at $85.46 (market cap $22.72B). The key difference: Consolidated Edison, Inc. is the larger of the two by market cap, and Consolidated Edison, Inc. pays the higher dividend (3.27%). Which is the better fit depends on your goals.
| ED | GPN | |
|---|---|---|
Market Cap | $39.76B | $22.72B |
Sector | Utilities | Industrials |
52-Week High | $115.46 | $90.01 |
52-Week Low | $95.37 | $62.47 |
Enterprise Value | $66.61B | $40.87B |
Dividend Yield | 3.27% | 1.16% |
Trailing returns across standard periods
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 →Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares.
Read more on GPN →