Edison International (NYSE:EIX) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Edison International has a consensus rating of “Hold” from 14 covering analysts, with three sells, six holds, and five buys. The average 1-year price target is about $72.82.
• The company recently reported better-than-expected earnings of $1.42 per share, topping estimates by $0.10, while revenue came in slightly below expectations at $4.10 billion.
• Edison International also paid a quarterly dividend of $0.8775 per share, equal to an annualized yield of about 5.1%, and said FY2026 EPS guidance is in the range of 5.90 to 6.20.

Edison International (NYSE:EIX - Get Free Report) has been assigned a consensus rating of "Hold" from the fourteen research firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $72.8182.

Several equities analysts have recently commented on EIX shares. Seaport Research Partners cut shares of Edison International from a "buy" rating to a "neutral" rating in a research report on Monday, April 20th. Weiss Ratings upgraded shares of Edison International from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, April 15th. Jefferies Financial Group lowered their price objective on shares of Edison International from $59.00 to $54.00 and set a "hold" rating for the company in a research report on Wednesday, January 28th. JPMorgan Chase & Co. upped their price objective on shares of Edison International from $74.00 to $75.00 and gave the stock a "neutral" rating in a research report on Friday, May 1st. Finally, Wells Fargo & Company reiterated an "underweight" rating and set a $62.00 price objective on shares of Edison International in a research report on Tuesday, April 21st.

Insider Transactions at Edison International

In related news, Director Peter J. Taylor sold 500 shares of the company's stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $75.30, for a total transaction of $37,650.00. Following the completion of the transaction, the director directly owned 34,212 shares in the company, valued at $2,576,163.60. This represents a 1.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Edison International

A number of institutional investors have recently added to or reduced their stakes in EIX. Jones Financial Companies Lllp grew its holdings in Edison International by 112.9% during the 1st quarter. Jones Financial Companies Lllp now owns 9,785 shares of the utilities provider's stock worth $577,000 after acquiring an additional 5,190 shares during the last quarter. Empowered Funds LLC grew its holdings in Edison International by 2.4% during the 1st quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider's stock worth $523,000 after acquiring an additional 211 shares during the last quarter. Woodline Partners LP grew its holdings in Edison International by 40.7% during the 1st quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider's stock worth $1,927,000 after acquiring an additional 9,459 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Edison International by 153.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider's stock worth $451,000 after acquiring an additional 5,290 shares during the last quarter. Finally, Baird Financial Group Inc. bought a new stake in Edison International during the 2nd quarter worth approximately $302,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.

Edison International Price Performance

Shares of NYSE:EIX opened at $68.93 on Friday. The firm has a 50 day moving average of $71.69 and a 200-day moving average of $64.54. The stock has a market capitalization of $26.52 billion, a PE ratio of 7.48, a PEG ratio of 1.19 and a beta of 0.68. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.98. Edison International has a 12 month low of $47.73 and a 12 month high of $76.21.

Edison International (NYSE:EIX - Get Free Report) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.32 by $0.10. The company had revenue of $4.10 billion during the quarter, compared to analysts' expectations of $4.15 billion. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The business's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.37 EPS. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, equities research analysts predict that Edison International will post 6.12 EPS for the current fiscal year.

Edison International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 7th were given a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Tuesday, April 7th. Edison International's dividend payout ratio is currently 38.11%.

Edison International Company Profile

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE's integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company's operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company's activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.

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