Edison International Stock Forecast, Price & News

Edison International's stock was trading at $59.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EIX shares have increased by 5.1% and is now trading at $62.79.
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14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Edison International is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Edison International.

Edison International (NYSE:EIX) announced its earnings results on Tuesday, October, 27th. The utilities provider reported $1.67 EPS for the quarter, topping analysts' consensus estimates of $1.43 by $0.24. The utilities provider had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $3.96 billion. Edison International had a net margin of 3.23% and a return on equity of 10.57%. During the same period in the previous year, the business earned $1.50 earnings per share.
View Edison International's earnings history.

Edison International declared a quarterly dividend on Thursday, August 27th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.6375 per share on Saturday, October 31st. This represents a $2.55 annualized dividend and a yield of 4.06%. The ex-dividend date of this dividend is Tuesday, September 29th.
View Edison International's dividend history.

Edison International issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, October, 27th. The company provided earnings per share (EPS) guidance of 4.47-4.62 for the period, compared to the Thomson Reuters consensus estimate of $4.44.

14 Wall Street analysts have issued twelve-month price objectives for Edison International's shares. Their forecasts range from $63.00 to $88.00. On average, they expect Edison International's stock price to reach $70.79 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
View analysts' price targets for Edison International.

Edison International saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 7,560,000 shares, a decrease of 26.3% from the September 30th total of 10,260,000 shares. Based on an average daily volume of 2,270,000 shares, the days-to-cover ratio is currently 3.3 days.
View Edison International's Short Interest.

Some companies that are related to Edison International include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), PPL (PPL), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM).
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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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.08%), State Street Corp (7.27%), Boston Partners (2.01%), JPMorgan Chase & Co. (1.58%), Pzena Investment Management LLC (1.55%) and Massachusetts Financial Services Co. MA (1.01%).
View institutional ownership trends for Edison International.

EIX stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, LSV Asset Management, State Street Corp, Boston Partners, AXA S.A., Inherent Group LP, Jefferies Group LLC, and State of Alaska Department of Revenue.
View insider buying and selling activity for Edison International.

EIX stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Pzena Investment Management LLC, BNP Paribas Arbitrage SA, Glendon Capital Management LP, Morgan Stanley, M&G Investment Management Ltd., UBS Asset Management Americas Inc., and Great West Life Assurance Co. Can.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of EIX stock can currently be purchased for approximately $62.79.

Edison International has a market capitalization of $23.77 billion and generates $12.35 billion in revenue each year. The utilities provider earns $1.41 billion in net income (profit) each year or $4.70 on an earnings per share basis. Edison International employs 12,937 workers across the globe.

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

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]