Consolidated Edison, Inc. vs Nomura Holdings Inc — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while Nomura Holdings Inc trades at $9.8 (market cap $28.46B). The key difference: Consolidated Edison, Inc. is the larger of the two by market cap, and Nomura Holdings Inc pays the higher dividend (3.31%). Which is the better fit depends on your goals.
| ED | NMR | |
|---|---|---|
Market Cap | $39.76B | $28.46B |
Sector | Utilities | Financials |
52-Week High | $115.46 | $10.04 |
52-Week Low | $95.37 | $6.73 |
Enterprise Value | $66.61B | — |
Dividend Yield | 3.27% | 3.31% |
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 →Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
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