NYSE:EIXEdison International Stock Price, Forecast & News

Edison International's stock was trading at $59.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EIX shares have decreased by 2.7% and is now trading at $58.11. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Edison International.

Edison International is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Edison International.

Edison International (NYSE:EIX) released its quarterly earnings results on Thursday, April, 30th. The utilities provider reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.14. The utilities provider had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $3.20 billion. Edison International had a return on equity of 11.33% and a net margin of 10.15%. The firm's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 earnings per share. View Edison International's earnings history.

Edison International declared a quarterly dividend on Thursday, February 27th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.6375 per share on Thursday, April 30th. This represents a $2.55 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Monday, March 30th. View Edison International's dividend history.

Edison International issued an update on its FY20 earnings guidance on Thursday, April, 30th. The company provided earnings per share (EPS) guidance of $4.32-$4.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.45.

13 analysts have issued 1-year price objectives for Edison International's shares. Their forecasts range from $52.00 to $88.00. On average, they anticipate Edison International's share price to reach $70.15 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price. View analysts' price targets for Edison International.

News coverage about EIX stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Edison International earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutEdison International.

Some companies that are related to Edison International include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and Portland General Electric (POR). View all competitors.

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), Verizon Communications (VZ), Home Depot (HD), Procter & Gamble (PG), Cisco Systems (CSCO), Walt Disney (DIS), Intel (INTC) and Pfizer (PFE).

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. (8.57%), State Street Corp (7.60%), Capital International Investors (5.49%), JPMorgan Chase & Co. (1.97%), Pictet Asset Management Ltd. (1.74%) and Clearbridge Investments LLC (1.69%). View institutional ownership trends for Edison International.

EIX stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Bank of New York Mellon Corp, Capital International Investors, Pzena Investment Management LLC, Lord Abbett & CO. LLC, Deutsche Bank AG, APG Asset Management N.V., and Parametric Portfolio Associates LLC. View insider buying and selling activity for Edison International.

EIX stock was purchased by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Pictet Asset Management Ltd., BlackRock Inc., Capital Research Global Investors, Prudential PLC, Janus Henderson Group PLC, Canyon Capital Advisors LLC, and Invesco Ltd.. 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 $58.11.

Edison International has a market capitalization of $21.13 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]