Can Consolidated Edison (ED) Still Trade At A Discount?

Consolidated Edison stock has delivered a 64.1% total return over the past 5 years, and today the Dividend Discount Model (DDM) intrinsic value estimate sits very close to the current share price, while earnings-based multiples still screen the stock as somewhat undervalued. That mix, along with a mid-range valuation score, suggests the share price may be roughly in line with intrinsic value but without a clear margin of safety. Over 5 years, Consolidated Edison has returned 64.1%, which...