Edison International Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Edison International stock. 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.
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7 brokerages have issued 12-month price targets for Edison International's shares. Their EIX stock forecasts range from $59.00 to $82.00. On average, they anticipate Edison International's stock price to reach $72.63 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price.
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Edison International's stock was trading at $68.25 at the beginning of the year. Since then, EIX shares have decreased by 8.0% and is now trading at $62.79.
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Edison International is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
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Edison International (NYSE:EIX) posted its earnings results on Tuesday, May, 3rd. The utilities provider reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.33. The utilities provider earned $3.97 billion during the quarter, compared to the consensus estimate of $3.34 billion. Edison International had a trailing twelve-month return on equity of 12.27% and a net margin of 4.22%. The firm's revenue was up 34.1% compared to the same quarter last year. During the same period last year, the firm earned $0.79 earnings per share.
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Edison International declared a quarterly dividend on Thursday, June 23rd. Shareholders of record on Tuesday, July 5th will be given a dividend of $0.70 per share on Sunday, July 31st. This represents a $2.80 annualized dividend and a yield of 4.46%.
View Edison International's dividend history.

Edison International(NYSE:EIX) pays an annual dividend of $2.80 per share and currently has a dividend yield of 4.61%. EIX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Edison International 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 of Edison International is 183.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Edison International will have a dividend payout ratio of 58.82% next year. This indicates that Edison International will be able to sustain or increase its dividend.
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Edison International updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $4.40-$4.70 for the period, compared to the consensus EPS estimate of $4.51. The company issued revenue guidance of -.

2 employees have rated Edison International CEO Pedro J. Pizarro on Glassdoor.com. Pedro J. Pizarro has an approval rating of 100% among Edison International's employees. This puts Pedro J. Pizarro in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Edison International include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), Eversource Energy (ES), Entergy (ETR), FirstEnergy (FE), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE), Portland General Electric (POR), PNM Resources (PNM), ALLETE (ALE) and MGE Energy (MGEE).
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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).

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

Edison International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.69%), BlackRock Inc. (8.49%), State Street Corp (7.32%), Capital International Investors (4.93%), Capital Research Global Investors (4.42%) and Pzena Investment Management LLC (3.85%). Company insiders that own Edison International stock include Peter J Taylor and Vanessa C L Chang.
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EIX stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, BlackRock Inc., JPMorgan Chase & Co., Boston Partners, Bank of America Corp DE, Electron Capital Partners LLC, Clearbridge Investments LLC, and UBS Group AG. Company insiders that have sold Edison International company stock in the last two years include Peter J Taylor, and Vanessa C L Chang.
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EIX stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, State Street Corp, Invesco Ltd., Vanguard Group Inc., Prudential Financial Inc., Capital Group Private Client Services Inc., Eaton Vance Management, and Victory Capital Management Inc..
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Shares of EIX 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.
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One share of EIX stock can currently be purchased for approximately $62.79.

Edison International (NYSE:EIX) has a market capitalization of $23.91 billion and generates $14.91 billion in revenue each year. The utilities provider earns $925 million in net income (profit) each year or $1.529990 on an earnings per share basis.

Edison International employs 13,003 workers across the globe.

Edison International was founded in 1886.

Edison International's mailing address is 2244 WALNUT GROVE AVE P O BOX 976, ROSEMEAD CA, 91770. The official website for Edison International is www.edison.com. The utilities provider can be reached via phone at (626) 302-2222, via email at [email protected]intl.com, or via fax at 626-302-1212.