NYSE:EIX - Edison International Stock Price, News, & Analysis

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$61.70 +0.55 (+0.90 %)
(As of 05/24/2019 01:16 AM ET)
Previous Close$61.15
Today's Range$60.47 - $61.7450
52-Week Range$45.50 - $71.00
Volume1.29 million shs
Average Volume1.77 million shs
Market Capitalization$20.10 billion
P/E Ratio14.87
Dividend Yield4.04%
Beta-0.05
Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. It generates electricity through hydroelectric, diesel/liquid petroleum gas, natural gas, nuclear, and photovoltaic sources. The company supplies electricity primarily to residential, commercial, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks. Its transmission facilities consist of lines ranging from 33 kV to 500 kV and substations; and distribution system comprises approximately 53,000 line miles of overhead lines, 38,000 line miles of underground lines, and 800 substations located in California. The company serves approximately 5 million customers. Edison International was founded in 1886 and is based in Rosemead, California.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP28102010
Phone626-302-2222

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.66 billion
Cash Flow$10.2833 per share
Book Value$39.04 per share

Profitability

Net Income$-302,000,000.00

Miscellaneous

Employees12,574
Market Cap$20.10 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

Edison International (NYSE:EIX) Frequently Asked Questions

What is Edison International's stock symbol?

Edison International trades on the New York Stock Exchange (NYSE) under the ticker symbol "EIX."

How often does Edison International pay dividends? What is the dividend yield for Edison International?

Edison International declared a quarterly dividend on Thursday, February 28th. Shareholders of record on Friday, March 29th will be given a dividend of $0.6125 per share on Tuesday, April 30th. This represents a $2.45 annualized dividend and a dividend yield of 3.97%. The ex-dividend date is Thursday, March 28th. View Edison International's Dividend History.

How were Edison International's earnings last quarter?

Edison International (NYSE:EIX) announced its quarterly earnings results on Tuesday, April, 30th. The utilities provider reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.25. The utilities provider earned $2.82 billion during the quarter, compared to the consensus estimate of $2.78 billion. Edison International had a negative net margin of 1.94% and a positive return on equity of 10.28%. The firm's quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.80 earnings per share. View Edison International's Earnings History.

When is Edison International's next earnings date?

Edison International is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Edison International.

What price target have analysts set for EIX?

12 brokerages have issued 12-month price objectives for Edison International's shares. Their predictions range from $63.00 to $84.00. On average, they expect Edison International's share price to reach $70.75 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Edison International.

What is the consensus analysts' recommendation for Edison International?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Edison International.

What are Wall Street analysts saying about Edison International stock?

Here are some recent quotes from research analysts about Edison International stock:
  • 1. According to Zacks Investment Research, "Edison International has a strong portfolio of regulated utility assets and well-managed merchant energy operations, which present a lower risk profile than its utility-only peers. In addition, the company boasts a solid financial position backed by strong cash generation capacity. A stable financial position enables Edison International to maximize shareholder value through the payment of regular dividends. However, Edison International's inability to recover uninsured wildfire-related costs might increase the company’s expenses, thereby weighing on its earnings growth. Moreover, the inability to recover costs from decommissioning of nuclear plants can hurt the company's growth trajectory. The company’s shares also underperformed its industry in the past twelve months." (4/29/2019)
  • 2. Barclays PLC analysts commented, "We examine what we consider to be the valuation playing field for bulls, bears and what lies between: We look to down side valuation assuming future wildfire liabilities, stopping well short of bankruptcy. We look to upside valuation based on comprehensive wildfire reform providing certainty of cost recovery. We look to different valuation multiples for these scenarios and the status quo and attempt to ascertain the probability of each scenario. The punch line is that the valuation playing field runs from $50 to $83 with $65 representing our most likely outcome but clearly showing upside skew for those willing to venture further out on the risk curve. We reiterate our Equal Weight rating and raise our Price Target to $65." (2/15/2019)

Has Edison International been receiving favorable news coverage?

News stories about EIX stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Edison International earned a news impact score of 1.9 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Edison International's key competitors?

What other stocks do shareholders of Edison International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Edison International investors own include AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Cisco Systems (CSCO), Intel (INTC), Chevron (CVX), General Electric (GE), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM) and QUALCOMM (QCOM).

Who are Edison International's key executives?

Edison International's management team includes the folowing people:
  • Mr. Pedro J. Pizarro, Pres, CEO & Director (Age 53)
  • Ms. Maria C. Rigatti, Exec. VP & CFO (Age 55)
  • Mr. Adam Seth Umanoff, Exec. VP & Gen. Counsel (Age 59)
  • Mr. J. Andrew Murphy, Sr. VP of Strategy & Corp. Devel. (Age 58)
  • Mr. Kevin M. Payne, Chief Exec. Officer of Southern California Edison (Age 58)

Who are Edison International's major shareholders?

Edison International's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.96%), Wellington Management Group LLP (4.10%), Macquarie Group Ltd. (3.96%), Pzena Investment Management LLC (2.31%), JPMorgan Chase & Co. (2.15%) and FMR LLC (1.57%). Company insiders that own Edison International stock include Gaddi H Vasquez, Ronald L Litzinger and W Brett White. View Institutional Ownership Trends for Edison International.

Which institutional investors are selling Edison International stock?

EIX stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, BlackRock Inc., California Public Employees Retirement System, Wellington Management Group LLP, Pictet Asset Management Ltd., Pzena Investment Management LLC, Boston Partners and FIL Ltd. View Insider Buying and Selling for Edison International.

Which institutional investors are buying Edison International stock?

EIX stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Zimmer Partners LP, Renaissance Technologies LLC, Janus Henderson Group PLC, Reaves W H & Co. Inc., Geode Capital Management LLC, Jennison Associates LLC and OppenheimerFunds Inc.. View Insider Buying and Selling for Edison International.

How do I buy shares of Edison International?

Shares of EIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Edison International's stock price today?

One share of EIX stock can currently be purchased for approximately $61.70.

How big of a company is Edison International?

Edison International has a market capitalization of $20.10 billion and generates $12.66 billion in revenue each year. The utilities provider earns $-302,000,000.00 in net income (profit) each year or $4.15 on an earnings per share basis. Edison International employs 12,574 workers across the globe.

What is Edison International's official website?

The official website for Edison International is http://www.edison.com/.

How can I contact Edison International?

Edison International's mailing address is 2244 WALNUT GROVE AVE P O BOX 976, ROSEMEAD CA, 91770. The utilities provider can be reached via phone at 626-302-2222 or via email at [email protected]


MarketBeat Community Rating for Edison International (NYSE EIX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  645 (Vote Outperform)
Underperform Votes:  614 (Vote Underperform)
Total Votes:  1,259
MarketBeat's community ratings are surveys of what our community members think about Edison International and other stocks. Vote "Outperform" if you believe EIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EIX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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