Zacks Research Has Positive Forecast for EIX FY2025 Earnings

Key Points

• Zacks Research has increased its FY2025 earnings estimate for Edison International (EIX) to $6.08 per share, up from a previous estimate of $6.04.
• Edison International reported earnings of $0.97 per share for Q2, exceeding analysts' expectations and indicating a 4.8% increase in revenue year-over-year.
• Institutional investors own 88.95% of Edison International's stock, reflecting strong interest and investment in the company.

Edison International (NYSE:EIX - Free Report) - Equities research analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Edison International in a note issued to investors on Thursday, September 18th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings per share of $6.08 for the year, up from their previous forecast of $6.04. 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 Q4 2025 earnings at $2.54 EPS, Q1 2026 earnings at $1.32 EPS, Q2 2026 earnings at $0.67 EPS, Q4 2026 earnings at $1.74 EPS and Q2 2027 earnings at $1.38 EPS.

Edison International (NYSE:EIX - Get Free Report) last announced 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. Edison International had a return on equity of 11.99% and a net margin of 16.00%.The firm had revenue of $4.54 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter in the previous year, the business earned $1.23 EPS. The company'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.

Several other research firms also recently commented on EIX. Barclays upped their price objective on Edison International from $64.00 to $65.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. UBS Group lowered their target price on shares of Edison International from $68.00 to $66.00 and set a "buy" rating on the stock in a report on Thursday, September 11th. Morgan Stanley boosted their target price on shares of Edison International from $55.00 to $61.00 and gave the company an "underweight" rating in a report on Thursday. Finally, Wolfe Research cut shares of Edison International from an "outperform" rating to a "peer perform" rating in a report on Monday, June 9th. Seven investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $72.15.

Edison International Stock Performance

Shares of NYSE EIX traded up $0.95 during midday trading on Friday, reaching $55.21. The company's stock had a trading volume of 960,462 shares, compared to its average volume of 4,265,751. Edison International has a 12-month low of $47.73 and a 12-month high of $88.64. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.81. The firm has a 50 day moving average price of $54.33 and a 200-day moving average price of $54.73. The stock has a market capitalization of $21.25 billion, a P/E ratio of 8.10, a PEG ratio of 1.31 and a beta of 0.80.

Edison International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders 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 yield of 6.0%. Edison International's dividend payout ratio is currently 48.60%.

Hedge Funds Weigh In On Edison International

A number of large investors have recently bought and sold shares of EIX. Vanguard Group Inc. raised its stake in shares of Edison International by 4.9% during the 2nd quarter. Vanguard Group Inc. now owns 51,470,117 shares of the utilities provider's stock worth $2,655,858,000 after purchasing an additional 2,386,562 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Edison International by 3.5% during the second quarter. Geode Capital Management LLC now owns 12,136,256 shares of the utilities provider's stock worth $638,576,000 after buying an additional 407,039 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Edison International by 83.5% during the second quarter. AQR Capital Management LLC now owns 9,962,902 shares of the utilities provider's stock worth $510,649,000 after buying an additional 4,534,864 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Edison International by 10.8% during the second quarter. Invesco Ltd. now owns 6,392,459 shares of the utilities provider's stock worth $329,851,000 after buying an additional 621,924 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Edison International by 111.6% during the 1st quarter. JPMorgan Chase & Co. now owns 5,663,427 shares of the utilities provider's stock worth $333,689,000 after purchasing an additional 2,987,318 shares in the last quarter. Institutional investors and hedge funds own 88.95% of the company's stock.

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.