What is Zacks Research's Estimate for EIX Q3 Earnings?

Key Points

• Zacks Research has revised its Q3 2026 earnings per share estimate for Edison International from $2.37 to $2.26, with a full-year estimate of $4.95 per share.
• Despite previous earnings beating analysts' expectations, several analysts have lowered their target prices for EIX, with current ratings including five "Buy," seven "Hold," and one "Sell."
• Edison International recently announced a quarterly dividend of $0.8275 per share, representing an annualized dividend yield of 5.9%.

Edison International (NYSE:EIX - Free Report) - Research analysts at Zacks Research cut their Q3 2026 earnings per share estimates for shares of Edison International in a research note issued on Monday, October 13th. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of $2.26 for the quarter, down from their prior estimate of $2.37. The consensus estimate for Edison International's current full-year earnings is $4.95 per share. Zacks Research also issued estimates for Edison International's Q3 2027 earnings at $1.91 EPS.

Edison International (NYSE:EIX - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.09. Edison International had a return on equity of 11.99% and a net margin of 16.00%.The business had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same period last year, the business earned $1.23 EPS. The firm's revenue was up 4.8% compared to the same quarter last year. Edison International has set its FY 2025 guidance at 5.940-6.340 EPS.

Other analysts have also issued research reports about the company. UBS Group lowered their target price on Edison International from $68.00 to $66.00 and set a "buy" rating on the stock in a report on Thursday, September 11th. Jefferies Financial Group lowered Edison International from a "buy" rating to a "hold" rating and lowered their target price for the company from $70.00 to $57.00 in a report on Thursday, October 2nd. Barclays raised their target price on Edison International from $64.00 to $65.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Morgan Stanley lowered their target price on Edison International from $61.00 to $60.00 and set an "underweight" rating on the stock in a report on Thursday, September 25th. Finally, JPMorgan Chase & Co. raised their target price on Edison International from $67.00 to $68.00 and gave the company a "neutral" rating in a report on Thursday, September 25th. Five equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $64.61.

Edison International Stock Performance

EIX opened at $56.05 on Wednesday. The firm has a market capitalization of $21.57 billion, a P/E ratio of 8.23, a price-to-earnings-growth ratio of 0.92 and a beta of 0.80. The stock's 50 day moving average price is $55.07 and its two-hundred day moving average price is $54.41. The company has a quick ratio of 0.81, a current ratio of 0.87 and a debt-to-equity ratio of 2.03. Edison International has a 12-month low of $47.73 and a 12-month high of $88.64.

Edison International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 7th will be issued a dividend of $0.8275 per share. This represents a $3.31 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, October 7th. Edison International's dividend payout ratio (DPR) is presently 48.60%.

Institutional Trading of Edison International

Several institutional investors have recently bought and sold shares of EIX. Norges Bank acquired a new stake in Edison International in the 2nd quarter valued at $268,801,000. AQR Capital Management LLC boosted its stake in Edison International by 83.5% in the 2nd quarter. AQR Capital Management LLC now owns 9,962,902 shares of the utilities provider's stock valued at $510,649,000 after buying an additional 4,534,864 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Edison International by 111.6% in the 1st quarter. JPMorgan Chase & Co. now owns 5,663,427 shares of the utilities provider's stock valued at $333,689,000 after buying an additional 2,987,318 shares in the last quarter. ATLAS Infrastructure Partners UK Ltd. boosted its stake in Edison International by 197.2% in the 1st quarter. ATLAS Infrastructure Partners UK Ltd. now owns 4,395,732 shares of the utilities provider's stock valued at $258,997,000 after buying an additional 2,916,645 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Edison International by 4.9% in the 2nd quarter. Vanguard Group Inc. now owns 51,470,117 shares of the utilities provider's stock valued at $2,655,858,000 after buying an additional 2,386,562 shares in the last quarter. Institutional investors and hedge funds own 88.95% of the company's stock.

Edison International Company Profile

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.