Edison International Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Edison International stock.
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Wall Street analysts have given Edison International a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Edison International wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Edison International is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
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Edison International (NYSE:EIX) released its quarterly earnings results on Tuesday, April, 27th. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.76 by $0.03. The utilities provider earned $2.96 billion during the quarter, compared to the consensus estimate of $2.92 billion. Edison International had a trailing twelve-month return on equity of 11.47% and a net margin of 6.68%. During the same period in the previous year, the firm posted $0.63 EPS.
View Edison International's earnings history.

Edison International's stock was trading at $59.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EIX shares have decreased by 7.0% and is now trading at $55.58.
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Edison International declared a quarterly dividend on Thursday, February 25th. Stockholders of record on Wednesday, March 31st will be paid a dividend of $0.6625 per share on Friday, April 30th. This represents a $2.65 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date of this dividend is Tuesday, March 30th.
View Edison International's dividend history.

Edison International pays an annual dividend of $2.65 per share and currently has a dividend yield of 4.65%. EIX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Edison International does not yet have a strong track record of dividend growth. The dividend payout ratio of Edison International is 58.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Edison International will have a dividend payout ratio of 56.03% next year. This indicates that Edison International will be able to sustain or increase its dividend.
View Edison International's dividend history.

6 Wall Street analysts have issued 12 month target prices for Edison International's stock. Their forecasts range from $65.00 to $77.00. On average, they anticipate Edison International's share price to reach $70.40 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price.
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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), The Southern (SO), Eversource Energy (ES), PPL (PPL), Entergy (ETR), FirstEnergy (FE), 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), The Procter & Gamble (PG), The 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.86%), Franklin Resources Inc. (4.51%), Pzena Investment Management LLC (3.50%), Zimmer Partners LP (1.99%), Clearbridge Investments LLC (1.79%) and Capital International Investors (1.79%).
View institutional ownership trends for Edison International.

EIX stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Boston Partners, Price T Rowe Associates Inc. MD, M&G Investment Management Ltd., Clearbridge Investments LLC, Nuveen Asset Management LLC, Reaves W H & Co. Inc., and Verition Fund Management LLC.
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EIX stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Franklin Resources Inc., BlackRock Inc., Attestor Ltd, Barclays PLC, Janus Henderson Group PLC, Maple Brown Abbott Ltd, and Tortoise Capital Advisors L.L.C..
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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 $55.58.

Edison International has a market capitalization of $21.09 billion and generates $13.58 billion in revenue each year. The utilities provider earns $871 million in net income (profit) each year or $4.52 on an earnings per share basis.

Edison International employs 13,351 workers across the globe.

The following companies are subsidiares of Edison International: SoCore Energy, and Southern California Edison Company.

Edison International was founded in 1886.

The official website for Edison International is www.edison.com.

Edison International is headquartered at 2244 WALNUT GROVE AVE P O BOX 976, ROSEMEAD CA, 91770.

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]