NYSE:EIX Edison International (EIX) Stock Forecast, Price & News $63.29 -0.30 (-0.47%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$62.23▼$64.3250-Day Range$63.29▼$72.9552-Week Range$54.45▼$74.92Volume2.90 million shsAverage Volume1.84 million shsMarket Capitalization$24.26 billionP/E Ratio25.52Dividend Yield4.66%Price Target$73.36 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Edison International MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside15.9% Upside$73.36 Price TargetShort InterestHealthy1.75% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment1.03Based on 12 Articles This WeekInsider TradingSelling Shares$803,944 Sold Last QuarterProj. Earnings Growth7.20%From $4.72 to $5.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.28 out of 5 starsUtilities Sector2nd out of 88 stocksElectric Services Industry3rd out of 42 stocks 3.1 Analyst's Opinion Consensus RatingEdison International has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.36, Edison International has a forecasted upside of 15.9% from its current price of $63.29.Amount of Analyst CoverageEdison International has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.75% of the outstanding shares of Edison International have been sold short.Short Interest Ratio / Days to CoverEdison International has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Edison International has recently decreased by 8.96%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipEdison International is a leading dividend payer. It pays a dividend yield of 4.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEdison International has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Edison International is 118.95%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Edison International will have a dividend payout ratio of 58.30% next year. This indicates that Edison International will be able to sustain or increase its dividend. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEdison International has received a 52.91% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity distribution services of electricity produced with renewable energy sources", "District heat distribution services", and "Electricity distribution services of electricity produced with nuclear fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for Edison International is -0.21. Previous Next 3.9 News and Social Media Coverage News SentimentEdison International has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Edison International this week, compared to 6 articles on an average week.Search Interest16 people have searched for EIX on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days.MarketBeat Follows6 people have added Edison International to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edison International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $803,944.00 in company stock.Percentage Held by InsidersOnly 1.03% of the stock of Edison International is held by insiders.Percentage Held by Institutions88.17% of the stock of Edison International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Edison International are expected to grow by 7.20% in the coming year, from $4.72 to $5.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Edison International is 25.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Edison International is 25.52, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 88.53.Price to Earnings Growth RatioEdison International has a PEG Ratio of 3.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEdison International has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Edison International (NYSE:EIX) StockEdison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company's transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 substations. Edison International was founded in 1886 and is headquartered in Rosemead, California.Read More EIX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EIX Stock News HeadlinesSeptember 30, 2023 | americanbankingnews.comEdison International (NYSE:EIX) Price Target Increased to $71.00 by Analysts at BarclaysSeptember 29, 2023 | finance.yahoo.comThe Race Is On for a Clean Energy FutureSeptember 30, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 28, 2023 | finance.yahoo.comUnveiling Edison International (EIX)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 28, 2023 | finance.yahoo.comEdison International's Dividend Analysis: A Deep Dive into Performance and SustainabilitySeptember 27, 2023 | finance.yahoo.comEdison International: Reaffirming BUY following strong 2Q23 earningsSeptember 23, 2023 | americanbankingnews.comMorgan Stanley Raises Edison International (NYSE:EIX) Price Target to $53.00September 21, 2023 | axios.comEdison International CEO talks transmissionSeptember 30, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 21, 2023 | msn.comEdison's Plan for California Shows What Grid Will BecomeSeptember 21, 2023 | finance.yahoo.comEdison’s Plan for California Shows What Grid Will Become. (It Saves You Money).September 19, 2023 | finance.yahoo.comThe Grid Must Grow Quickly to Achieve California’s Net-Zero Goal by 2045September 14, 2023 | finance.yahoo.comShould You Think About Buying Edison International (NYSE:EIX) Now?September 14, 2023 | finance.yahoo.comExpanding Access to Solar PowerSeptember 12, 2023 | markets.businessinsider.comRBC Capital Sticks to Their Buy Rating for Edison International (EIX)September 11, 2023 | finance.yahoo.comEdison International 2022 Diversity, Equity & Inclusion Report: Advancing Gender ParitySeptember 6, 2023 | finance.yahoo.comEdison International 2022 Diversity, Equity & Inclusion Report: Increasing Development OpportunitiesSeptember 1, 2023 | finance.yahoo.comUPDATE 1-US sues Southern California Edison over 2020 California wildfireAugust 29, 2023 | finance.yahoo.comSCE Crews, Emergency Teams Rise To Meet Storm's ChallengesAugust 28, 2023 | finance.yahoo.comCSU Dominguez Hills Aims for Net-Zero Carbon With SCE PilotAugust 24, 2023 | finance.yahoo.comEdison International, Southern California Edison Declare Q3 DividendsAugust 24, 2023 | finance.yahoo.comEdison International 2022 Diversity, Equity & Inclusion Report: Creating Greater Accountability in DEIAugust 23, 2023 | seekingalpha.comEdison International raised to Buy at Mizuho as earnings power underestimatedAugust 23, 2023 | msn.comEdison seeks to recoup $2.4B in losses from California fires, mudslidesAugust 23, 2023 | msn.comMizuho Upgrades Edison International (EIX)August 22, 2023 | msn.comUtilities Edison International, Pinnacle West upgraded to Buy at MizuhoAugust 22, 2023 | markets.businessinsider.comAnalyst Says It As A 'Buy' In The Electrification Era, Upgrades Edison's StockSee More Headlines Receive EIX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Edison International and its competitors with MarketBeat's FREE daily newsletter. Email Address EIX Company Calendar Ex-Dividend for 7/31 Dividend7/03/2023Last Earnings7/27/2023Dividend Payable7/31/2023Ex-Dividend for 10/31 Dividend9/28/2023Today9/30/2023Dividend Payable10/31/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:EIX CUSIP28102010 CIK827052 Webwww.edison.com Phone(626) 302-2222Fax626-302-1212Employees13,388Year Founded1886Price Target and Rating Average Stock Price Forecast$73.36 High Stock Price Forecast$86.00 Low Stock Price Forecast$53.00 Forecasted Upside/Downside+15.9%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.48 Trailing P/E Ratio25.52 Forward P/E Ratio13.41 P/E Growth3.65Net Income$824 million Net Margins6.81% Pretax Margin6.52% Return on Equity12.69% Return on Assets2.52% Debt Debt-to-Equity Ratio1.87 Current Ratio0.84 Quick Ratio0.78 Sales & Book Value Annual Sales$17.22 billion Price / Sales1.41 Cash Flow$12.58 per share Price / Cash Flow5.03 Book Value$40.70 per share Price / Book1.56Miscellaneous Outstanding Shares383,290,000Free Float379,341,000Market Cap$24.26 billion OptionableOptionable Beta0.81 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesDr. Pedro J. Pizarro (Age 57)Pres, CEO & Director Comp: $3.35MMs. Maria C. Rigatti (Age 59)Exec. VP & CFO Comp: $1.51MMr. Adam Seth Umanoff J.D. (Age 63)Exec. VP & Gen. Counsel Comp: $1.22MMs. Caroline Choi (Age 54)Sr. VP of Corp. Affairs Comp: $849.76kMr. Steven D. Powell (Age 44)Pres & CEO of SCE Comp: $1.26MMs. Kara Gostenhofer Ryan (Age 40)VP, Chief Accounting Officer & Controller Mr. Sam RamrajVP of Investor RelationsMr. Michael D. MontoyaVP and Chief Ethics & Compliance OfficerMs. Beth M. FoleyVP of Corp. CommunicationsMr. J. Andrew Murphy (Age 62)Sr. VP of Strategy & Corp. Devel. More ExecutivesKey CompetitorsEversource EnergyNYSE:ESFirstEnergyNYSE:FEEntergyNYSE:ETRPPLNYSE:PPLPinnacle West CapitalNYSE:PNWView All CompetitorsInsiders & InstitutionsBarclays PLCBought 183,370 shares on 9/21/2023Ownership: 0.199%Caroline ChoiSold 11,222 sharesTotal: $803,944.08 ($71.64/share)Farther Finance Advisors LLCBought 255 shares on 9/12/2023Ownership: 0.000%ProVise Management Group LLCBought 1,267 shares on 8/24/2023Ownership: 0.018%Alberta Investment Management CorpBought 8,187 shares on 8/24/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions EIX Stock - Frequently Asked Questions Should I buy or sell Edison International stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EIX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EIX, but not buy additional shares or sell existing shares. View EIX analyst ratings or view top-rated stocks. What is Edison International's stock price forecast for 2023? 10 analysts have issued twelve-month price objectives for Edison International's stock. Their EIX share price forecasts range from $53.00 to $86.00. On average, they expect the company's stock price to reach $73.36 in the next year. This suggests a possible upside of 15.9% from the stock's current price. View analysts price targets for EIX or view top-rated stocks among Wall Street analysts. How have EIX shares performed in 2023? Edison International's stock was trading at $63.62 at the beginning of 2023. Since then, EIX shares have decreased by 0.5% and is now trading at $63.29. View the best growth stocks for 2023 here. Are investors shorting Edison International? Edison International saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 6,710,000 shares, a decline of 9.0% from the August 31st total of 7,370,000 shares. Based on an average daily volume of 1,480,000 shares, the days-to-cover ratio is presently 4.5 days. View Edison International's Short Interest. When is Edison International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our EIX earnings forecast. How were Edison International's earnings last quarter? Edison International (NYSE:EIX) posted its earnings results on Thursday, July, 27th. The utilities provider reported $1.01 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.06. The utilities provider earned $3.96 billion during the quarter, compared to the consensus estimate of $4.28 billion. Edison International had a net margin of 6.81% and a trailing twelve-month return on equity of 12.69%. The business's revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.94 earnings per share. How often does Edison International pay dividends? What is the dividend yield for Edison International? Edison International declared a quarterly dividend on Thursday, August 24th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.7375 per share on Tuesday, October 31st. This represents a $2.95 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for EIX. What ETFs hold Edison International's stock? ETFs with the largest weight of Edison International (NYSE:EIX) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN), Utilities Select Sector SPDR Fund (XLU), Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI) and Fidelity MSCI Utilities Index ETF (FUTY). Is Edison International a good dividend stock? Edison International (NYSE:EIX) pays an annual dividend of $2.95 per share and currently has a dividend yield of 4.64%. EIX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 118.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EIX will have a dividend payout ratio of 58.30% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EIX. What guidance has Edison International issued on next quarter's earnings? Edison International updated its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $4.55-$4.85 for the period, compared to the consensus EPS estimate of $4.72. The company issued revenue guidance of -. What is Pedro J. Pizarro's approval rating as Edison International's CEO? 2 employees have rated Edison International Chief Executive Officer Pedro J. Pizarro on Glassdoor.com. Pedro J. Pizarro has an approval rating of 100% among the company's employees. This puts Pedro J. Pizarro in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 Johnson & Johnson (JNJ), AT&T (T), Chevron (CVX), Intel (INTC), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), Procter & Gamble (PG), Home Depot (HD) and Exxon Mobil (XOM). What is Edison International's stock symbol? Edison International trades on the New York Stock Exchange (NYSE) under the ticker symbol "EIX." How do I buy shares of Edison International? Shares of EIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Edison International's stock price today? One share of EIX stock can currently be purchased for approximately $63.29. How much money does Edison International make? Edison International (NYSE:EIX) has a market capitalization of $24.26 billion and generates $17.22 billion in revenue each year. The utilities provider earns $824 million in net income (profit) each year or $2.48 on an earnings per share basis. How many employees does Edison International have? The company employs 13,388 workers across the globe. Does Edison International have any subsidiaries? The following companies are subsidiares of Edison International: SoCore Energy, and Southern California Edison Company.Read More How can I contact Edison International? Edison International's mailing address is 2244 WALNUT GROVE AVE P O BOX 976, ROSEMEAD CA, 91770. The official website for the company is www.edison.com. The utilities provider can be reached via phone at (626) 302-2222, via email at invrel@edisonintl.com, or via fax at 626-302-1212. This page (NYSE:EIX) was last updated on 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Edison International Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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