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S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
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How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
All the trading advice you’ve ever received boils down to this (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
All the trading advice you’ve ever received boils down to this (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
All the trading advice you’ve ever received boils down to this (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
All the trading advice you’ve ever received boils down to this (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
All the trading advice you’ve ever received boils down to this (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
All the trading advice you’ve ever received boils down to this (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

Edison International Stock Price, News & Analysis (NYSE:EIX)

$67.33
+0.17 (+0.25%)
(As of 12/7/2023 ET)
Compare
Today's Range
$66.77
$67.78
50-Day Range
$60.69
$67.47
52-Week Range
$58.82
$74.92
Volume
1.80 million shs
Average Volume
1.82 million shs
Market Capitalization
$25.83 billion
P/E Ratio
20.98
Dividend Yield
4.38%
Price Target
$71.42

Edison International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
6.1% Upside
$71.42 Price Target
Short Interest
Healthy
1.45% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
0.69mentions of Edison International in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$803,944 Sold Last Quarter
Proj. Earnings Growth
7.22%
From $4.71 to $5.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Utilities Sector

5th out of 86 stocks

Electric Services Industry

3rd out of 36 stocks


EIX stock logo

About Edison International Stock (NYSE:EIX)

Edison 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.

EIX Stock Price History

EIX Stock News Headlines

Edison International: Countdown to 2045: Executive Summary
Hunting for Domestic Vanadium - The U.S. Govt. Did WHAT?
A little-known metal called vanadium is vital to American national security and energy independence. But right now, China and Russia dominate our supply. The U.S. Govt. is so serious about vanadium, it funded and recently completed an "Earth MRI" survey to seek out new sources of this energy metal - in Wyoming.
Countdown to 2045: Executive Summary
Edison International: Taking Clean Energy Education on the Road
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
Taking Clean Energy Education on the Road
9 Analysts Have This to Say About Edison Intl
Edison International: Santa Barbara Unveils New Electric Buses
Santa Barbara Unveils New Electric Buses
California utility to blame for deadly 2022 fire -report
Port of Long Beach Drives Toward Zero-Emissions Future
RBC Capital Keeps Their Buy Rating on Edison International (EIX)
Accelerating Vehicle-to-Grid Research
Yes, You Can Cook Cultural Cuisine on an Induction Stove
Barclays Keeps Their Hold Rating on Edison International (EIX)
Edison International: Many Paths to the Same Goal
Many Paths to the Same Goal
See More Headlines
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Company Calendar

Ex-Dividend for 10/31 Dividend
9/28/2023
Dividend Payable
10/31/2023
Last Earnings
11/01/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
28102010
Employees
13,388
Year Founded
1886

Price Target and Rating

Average Stock Price Target
$71.42
High Stock Price Target
$86.00
Low Stock Price Target
$53.00
Potential Upside/Downside
+5.9%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$824 million
Pretax Margin
9.43%

Debt

Sales & Book Value

Annual Sales
$16.65 billion
Cash Flow
$12.62 per share
Book Value
$40.70 per share

Miscellaneous

Free Float
379,618,000
Market Cap
$25.86 billion
Optionable
Optionable
Beta
0.86

Social Links

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Key Executives

Should I Buy Edison International Stock? EIX Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Edison International was last updated on Tuesday, November 28, 2023 at 1:34 PM.

Pros

Here are some ways that investors could benefit from investing in Edison International:

  • Edison International generates and distributes electric power, supplying electricity to a large area of southern California. This provides a stable and consistent source of revenue for the company.
  • The company also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. This positions Edison International to benefit from the growing demand for clean energy solutions.
  • With a transmission system consisting of lines ranging from 55 kV to 500 kV and a distribution system consisting of overhead and underground lines, Edison International has a well-established infrastructure that supports its operations.
  • Edison International has a long history, being founded in 1886. This demonstrates the company's resilience and ability to adapt to changing market conditions over time.
  • Investors may find the current stock price of Edison International to be attractive, providing a potential opportunity for capital appreciation.

Cons

Investors should be bearish about investing in Edison International for these reasons:

  • The electric services industry, in which Edison International operates, is highly regulated. Changes in regulations or government policies could impact the company's operations and profitability.
  • As a utility company, Edison International is exposed to risks related to natural disasters and extreme weather events. These events can disrupt the company's operations and result in significant costs.
  • Competition in the electric services industry is intense. Edison International faces competition from other utility companies as well as emerging technologies and alternative energy sources.
  • Fluctuations in energy prices can impact the profitability of Edison International. Changes in fuel costs or electricity prices can affect the company's margins.
  • Investors should also consider the potential impact of economic downturns or recessions on the demand for electricity and energy solutions. A decline in economic activity could reduce the demand for Edison International's services.














EIX Stock Analysis - Frequently Asked Questions

Should I buy or sell Edison International stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 target for 2024?

11 brokers have issued 12 month price targets for Edison International's shares. Their EIX share price targets range from $53.00 to $86.00. On average, they predict the company's stock price to reach $71.42 in the next year. This suggests a possible upside of 6.1% 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 start of the year. Since then, EIX stock has increased by 5.8% and is now trading at $67.33.
View the best growth stocks for 2023 here
.

When is Edison International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our EIX earnings forecast
.

How were Edison International's earnings last quarter?

Edison International (NYSE:EIX) released its quarterly earnings results on Wednesday, November, 1st. The utilities provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.46 by $0.08. The utilities provider had revenue of $4.70 billion for the quarter, compared to analyst estimates of $5.71 billion. Edison International had a net margin of 8.75% and a trailing twelve-month return on equity of 12.79%. The business's quarterly revenue was down 10.1% compared to the same quarter last year. During the same period last year, the company earned $1.48 EPS.
Read the conference call transcript
.

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. Investors 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 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for EIX
.

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 4.37%. 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 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 91.90%. 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 58.42% 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 FY23 earnings guidance on Wednesday, November, 1st. The company provided EPS guidance of $4.55-$4.85 for the period, compared to the consensus earnings per share estimate of $4.73.

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).

Who are Edison International's major shareholders?

Edison International's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (3.50%), Pzena Investment Management LLC (3.47%), Wellington Management Group LLP (2.57%), Clearbridge Investments LLC (1.78%), Legal & General Group Plc (1.46%) and JPMorgan Chase & Co. (1.39%). Insiders that own company stock include Caroline Choi, J Andrew Murphy, Peter J Taylor and Vanessa C L Chang.
View institutional ownership trends
.

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.

Does Edison International have any subsidiaries?
The following companies are subsidiares of Edison International: SoCore Energy, and Southern California Edison Company.
Read More
This page (NYSE:EIX) was last updated on 12/8/2023 by MarketBeat.com Staff

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