Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. It generates electricity through hydroelectric, diesel/liquid petroleum gas, natural gas, nuclear, and photovoltaic sources. The company supplies electricity primarily to residential, commercial, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks. Its transmission facilities consist of lines ranging from 33 kV to 500 kV and substations; and distribution system comprises approximately 53,000 line miles of overhead lines, 38,000 line miles of underground lines, and 800 substations located in California. The company serves approximately 5 million customers. Edison International was founded in 1886 and is based in Rosemead, California.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Phone626-302-2222
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$12.66 billion
Profitability
Miscellaneous
Employees12,574
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable
Edison International (NYSE:EIX) Frequently Asked Questions
What is Edison International's stock symbol?
Edison International trades on the New York Stock Exchange (NYSE) under the ticker symbol "EIX."
How often does Edison International pay dividends? What is the dividend yield for Edison International?
Edison International declared a quarterly dividend on Thursday, February 28th. Investors of record on Friday, March 29th will be given a dividend of $0.6125 per share on Tuesday, April 30th. This represents a $2.45 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Thursday, March 28th. View Edison International's Dividend History.
How were Edison International's earnings last quarter?
Edison International (NYSE:EIX) released its quarterly earnings data on Thursday, February, 28th. The utilities provider reported $0.94 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.96 by $0.02. Edison International had a negative net margin of 2.45% and a positive return on equity of 10.47%. During the same period last year, the business earned $1.10 earnings per share. View Edison International's Earnings History.
When is Edison International's next earnings date?
What price target have analysts set for EIX?
11 brokers have issued 12 month price targets for Edison International's stock. Their predictions range from $63.00 to $80.00. On average, they expect Edison International's stock price to reach $69.05 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Edison International.
What is the consensus analysts' recommendation for Edison International?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Edison International.
What are Wall Street analysts saying about Edison International stock?
Here are some recent quotes from research analysts about Edison International stock:
- 1. According to Zacks Investment Research, "Edison International has a strong portfolio of regulated utility assets and well-managed merchant energy operations, which present a lower risk profile than its utility-only peers. Edison boasts a solid financial position backed by strong cash generation capacity. The company also continues to show efficiency in terms of reporting a stable cash inflow through operating activities. A stable financial position enables Edison International to maximize shareholder value through the payment of regular dividends. However, inability to recover uninsured wildfire-related costs will push up the company’s expenses, thereby weighing on its earnings growth. Its shares also underperformed the industry in the past one year." (2/22/2019)
- 2. Barclays PLC analysts commented, "We examine what we consider to be the valuation playing field for bulls, bears and what lies between: We look to down side valuation assuming future wildfire liabilities, stopping well short of bankruptcy. We look to upside valuation based on comprehensive wildfire reform providing certainty of cost recovery. We look to different valuation multiples for these scenarios and the status quo and attempt to ascertain the probability of each scenario. The punch line is that the valuation playing field runs from $50 to $83 with $65 representing our most likely outcome but clearly showing upside skew for those willing to venture further out on the risk curve. We reiterate our Equal Weight rating and raise our Price Target to $65." (2/15/2019)
Has Edison International been receiving favorable news coverage?
Media headlines about EIX stock have been trending negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Edison International earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
Are investors shorting Edison International?
Edison International saw a increase in short interest during the month of March. As of March 15th, there was short interest totalling 5,373,123 shares, an increase of 48.0% from the February 28th total of 3,630,494 shares. Based on an average trading volume of 2,860,948 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.7% of the company's shares are sold short. View Edison International's Current Options Chain.
Who are some of Edison International's key competitors?
Some companies that are related to Edison International include Enel S.p.A. ADS (ENLAY), Dominion Energy (D), Southern (SO), American Electric Power (AEP), CLP (CLPHY), PPL (PPL), DTE Energy (DTE), Eversource Energy (ES), FirstEnergy (FE), Tenaga Nasional Bhd (TNABY), Entergy (ETR), Korea Electric Power (KEP), SSE PLC/S (SSEZY), Fortis (FTS) and Avangrid (AGR).
What other stocks do shareholders of Edison International own?
Who are Edison International's key executives?
Edison International's management team includes the folowing people:
- Mr. Pedro J. Pizarro, Pres, CEO & Director (Age 53)
- Ms. Maria C. Rigatti, Exec. VP & CFO (Age 55)
- Mr. Adam Seth Umanoff, Exec. VP & Gen. Counsel (Age 59)
- Mr. J. Andrew Murphy, Sr. VP of Strategy & Corp. Devel. (Age 58)
- Mr. Kevin M. Payne, Chief Exec. Officer of Southern California Edison (Age 58)
Who are Edison International's major shareholders?
Edison International's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.48%), Macquarie Group Ltd. (4.01%), Pzena Investment Management LLC (2.59%), FMR LLC (1.69%), Boston Partners (1.64%) and Northern Trust Corp (1.32%). Company insiders that own Edison International stock include Gaddi H Vasquez, Ronald L Litzinger and W Brett White. View Institutional Ownership Trends for Edison International.
Which institutional investors are selling Edison International stock?
EIX stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., BlackRock Inc., Cohen & Steers Inc., Legal & General Group Plc, Thrivent Financial for Lutherans, Pzena Investment Management LLC, Massachusetts Financial Services Co. MA and Ferguson Wellman Capital Management Inc.. View Insider Buying and Selling for Edison International.
Which institutional investors are buying Edison International stock?
EIX stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Oregon Public Employees Retirement Fund, Macquarie Group Ltd., Jennison Associates LLC, Boston Partners, Alps Advisors Inc. and California Public Employees Retirement System. View Insider Buying and Selling for Edison International.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Edison International's stock price today?
One share of EIX stock can currently be purchased for approximately $65.07.
How big of a company is Edison International?
Edison International has a market capitalization of $21.20 billion and generates $12.66 billion in revenue each year. The utilities provider earns $-302,000,000.00 in net income (profit) each year or $4.15 on an earnings per share basis. Edison International employs 12,574 workers across the globe.
What is Edison International's official website?
How can I contact Edison International?
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]
MarketBeat Community Rating for Edison International (NYSE EIX)
MarketBeat's community ratings are surveys of what our community members think about Edison International and other stocks. Vote "Outperform" if you believe EIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EIX will underperform the S&P 500 over the long term. You may vote once every thirty days.
