What is Zacks Research's Estimate for EIX Q1 Earnings?

Key Points

• Zacks Research has raised its Q1 2027 earnings per share estimates for Edison International from $1.34 to $1.35, increasing the forecast confidence for the utilities provider.
• Edison International reported $0.97 EPS for its last quarter, surpassing the consensus estimate of $0.88 and showing a year-over-year revenue increase of 4.8%.
• Despite mixed analyst ratings, Edison International has an overall consensus rating of "Hold" with a target price of $72.15, indicating cautious optimism among investors.

Edison International (NYSE:EIX - Free Report) - Equities researchers at Zacks Research boosted their Q1 2027 earnings per share estimates for Edison International in a research note issued on Thursday, September 18th. Zacks Research analyst Team now forecasts that the utilities provider will post earnings of $1.35 per share for the quarter, up from their prior forecast of $1.34. The consensus estimate for Edison International's current full-year earnings is $4.95 per share.

A number of other research analysts have also weighed in on EIX. Barclays raised their price target on shares of Edison International from $64.00 to $65.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Wolfe Research lowered Edison International from an "outperform" rating to a "peer perform" rating in a report on Monday, June 9th. Morgan Stanley upped their target price on Edison International from $55.00 to $61.00 and gave the stock an "underweight" rating in a research note on Thursday. Finally, UBS Group reduced their price target on Edison International from $68.00 to $66.00 and set a "buy" rating on the stock in a research report on Thursday, September 11th. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Edison International presently has a consensus rating of "Hold" and an average target price of $72.15.

Edison International Stock Down 2.4%

Shares of NYSE:EIX traded down $1.32 during midday trading on Monday, hitting $54.32. 3,945,030 shares of the company's stock were exchanged, compared to its average volume of 3,200,771. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.81. Edison International has a 12 month low of $47.73 and a 12 month high of $88.64. The company has a market cap of $20.90 billion, a PE ratio of 11.35, a price-to-earnings-growth ratio of 1.31 and a beta of 0.80. The stock has a 50 day moving average price of $54.26 and a 200-day moving average price of $54.75.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rakuten Securities Inc. lifted its position in shares of Edison International by 4,633.3% in the first quarter. Rakuten Securities Inc. now owns 426 shares of the utilities provider's stock worth $25,000 after buying an additional 417 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Edison International during the 1st quarter valued at approximately $25,000. Investment Management Corp VA ADV grew its holdings in shares of Edison International by 159.6% in the first quarter. Investment Management Corp VA ADV now owns 431 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 265 shares in the last quarter. Kentucky Trust Co raised its stake in Edison International by 66.7% during the second quarter. Kentucky Trust Co now owns 500 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. Finally, American National Bank & Trust purchased a new position in shares of Edison International in the 2nd quarter worth $32,000. 88.95% of the stock is currently owned by institutional investors.

Edison International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, July 7th were given a dividend of $0.8275 per share. The ex-dividend date was Monday, July 7th. This represents a $3.31 annualized dividend and a yield of 6.1%. Edison International's payout ratio is 48.60%.

About Edison International

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.