Edison International (NYSE:EIX) Shares Down 4.2% - Here's Why

Key Points

• Edison International shares fell about 4.2% to roughly $72.54 on Monday, trading as low as $72.63 on markedly lighter volume (989,782 shares, down ~70% vs. the average session).
• The company beat quarterly estimates with $1.87 EPS (vs. $1.47 expected) and $5.21B revenue, and set FY2026 guidance of 5.90–6.20 EPS and FY2027 guidance of 6.25–6.65 EPS.
• Edison declared a quarterly dividend of $0.8775 (annualized $3.51) for a 4.9% yield (ex-dividend April 7), while analysts hold a consensus "Hold" rating with an average price target of $69.44 (3 Buy / 6 Hold / 3 Sell).

Shares of Edison International (NYSE:EIX - Get Free Report) traded down 4.2% on Monday . The company traded as low as $72.63 and last traded at $72.5390. 989,782 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 3,339,108 shares. The stock had previously closed at $75.72.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Mizuho set a $79.00 target price on Edison International in a research note on Thursday, February 19th. JPMorgan Chase & Co. increased their target price on Edison International from $66.00 to $74.00 and gave the stock a "neutral" rating in a research note on Wednesday, March 18th. UBS Group lowered Edison International from a "buy" rating to a "neutral" rating and increased their target price for the stock from $70.00 to $78.00 in a research note on Friday, February 13th. Wall Street Zen lowered Edison International from a "buy" rating to a "hold" rating in a research note on Saturday, February 14th. Finally, Morgan Stanley reiterated an "underweight" rating on shares of Edison International in a research note on Friday, February 20th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Edison International presently has a consensus rating of "Hold" and a consensus price target of $69.44.

Edison International Stock Performance

The business has a 50-day moving average of $71.12 and a two-hundred day moving average of $62.75. The company has a market cap of $27.61 billion, a P/E ratio of 6.19, a P/E/G ratio of 1.23 and a beta of 0.77. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.68.

Edison International (NYSE:EIX - Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.40. Edison International had a return on equity of 14.87% and a net margin of 24.34%.The company had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter last year, the company earned $1.05 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS and its FY 2027 guidance at 6.250-6.650 EPS. On average, sell-side analysts predict that Edison International will post 4.95 EPS for the current fiscal year.

Edison International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th will be issued a $0.8775 dividend. This represents a $3.51 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Tuesday, April 7th. Edison International's dividend payout ratio (DPR) is currently 30.36%.

Institutional Investors Weigh In On Edison International

Institutional investors have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Edison International by 169.6% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 124,843 shares of the utilities provider's stock worth $6,901,000 after purchasing an additional 78,531 shares during the period. Versor Investments LP lifted its holdings in shares of Edison International by 55.0% during the third quarter. Versor Investments LP now owns 51,830 shares of the utilities provider's stock worth $2,865,000 after purchasing an additional 18,381 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Edison International by 1.7% during the third quarter. Nordea Investment Management AB now owns 1,695,550 shares of the utilities provider's stock worth $92,984,000 after purchasing an additional 28,586 shares during the period. Convergence Investment Partners LLC lifted its holdings in shares of Edison International by 67.6% during the third quarter. Convergence Investment Partners LLC now owns 27,017 shares of the utilities provider's stock worth $1,494,000 after purchasing an additional 10,901 shares during the period. Finally, Krilogy Financial LLC lifted its holdings in shares of Edison International by 141.8% during the third quarter. Krilogy Financial LLC now owns 30,035 shares of the utilities provider's stock worth $1,705,000 after purchasing an additional 17,616 shares during the period. Institutional investors and hedge funds own 88.95% of the company's stock.

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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