NYSE:EIX Edison International (EIX) Stock Price, News & Analysis → How Biden has already won 2024 (From Porter & Company) (Ad) Free EIX Stock Alerts $73.45 -0.10 (-0.14%) (As of 06/13/2024 ET) Add Compare Share Share Today's Range$72.72▼$74.5550-Day Range$66.79▼$76.9152-Week Range$58.82▼$77.04Volume1.15 million shsAverage Volume2.09 million shsMarket Capitalization$28.26 billionP/E Ratio32.22Dividend Yield4.25%Price Target$77.70 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Edison International alerts: Email Address Edison International MarketRank™ Stock AnalysisAnalyst RatingHold2.45 Rating ScoreUpside/Downside5.8% Upside$77.70 Price TargetShort InterestHealthy1.35% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.81Based on 15 Articles This WeekInsider TradingSelling Shares$5.85 M Sold Last QuarterProj. Earnings Growth13.41%From $4.92 to $5.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.76 out of 5 starsUtilities Sector3rd out of 87 stocksElectric Services Industry1st out of 41 stocks 2.2 Analyst's Opinion Consensus RatingEdison International has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 6 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageEdison International has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Edison International's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.35% of the outstanding shares of Edison International have been sold short.Short Interest Ratio / Days to CoverEdison International has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Edison International has recently increased by 6.37%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipEdison International is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEdison International has been increasing its dividend for 21 years.Dividend CoverageThe dividend payout ratio of Edison International is 136.84%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Edison International will have a dividend payout ratio of 55.91% next year. This indicates that Edison International will be able to sustain or increase its dividend.Read more about Edison International's dividend. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEdison International has received a 52.91% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity distribution services of electricity produced with renewable energy sources", "District heat distribution services", and "Electricity distribution services of electricity produced with nuclear fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for Edison International is -0.21. Previous Next 3.2 News and Social Media Coverage News SentimentEdison International has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Edison International this week, compared to 8 articles on an average week.Search Interest13 people have searched for EIX on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Edison International to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edison International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,851,245.00 in company stock.Percentage Held by InsidersOnly 1.20% of the stock of Edison International is held by insiders.Percentage Held by Institutions88.95% of the stock of Edison International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Edison International's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Edison International are expected to grow by 13.41% in the coming year, from $4.92 to $5.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Edison International is 32.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Edison International is 32.22, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.09.Price to Book Value per Share RatioEdison International has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Edison International's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad GoldenCrest MetalsBiden’s Tax Plan Could Destroy Your Retirement Savings!Leading economists are issuing stark warnings: The anticipated capital gains tax increase under President Biden could drastically undermine your retirement plans by 2025.Learn More Today About Edison International Stock (NYSE:EIX)Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 distribution substations. The company was founded in 1886 and is based in Rosemead, California.Read More EIX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EIX Stock News HeadlinesJune 8, 2024 | insidertrades.comEdison International (NYSE:EIX) SVP Sells $758,003.08 in StockMay 17, 2024 | insidertrades.comJ Andrew Murphy Sells 9,794 Shares of Edison International (NYSE:EIX) StockMay 14, 2024 | insidertrades.comJ Andrew Murphy Sells 58,099 Shares of Edison International (NYSE:EIX) StockJune 13 at 5:16 AM | americanbankingnews.comArgus Increases Edison International (NYSE:EIX) Price Target to $82.00June 11 at 3:08 AM | americanbankingnews.comEdison International (NYSE:EIX) Receives $77.22 Average PT from AnalystsJune 8, 2024 | americanbankingnews.comEdison International (NYSE:EIX) SVP Caroline Choi Sells 10,004 SharesMay 22, 2024 | finance.yahoo.comThose who invested in Edison International (NYSE:EIX) three years ago are up 57%May 22, 2024 | seekingalpha.comEdison International Subsidiary's Preferred Benefits From Reduced Fire RiskMay 21, 2024 | finance.yahoo.comSector Update: Energy Stocks Ease in Late Tuesday Afternoon TradingMay 20, 2024 | businesswire.comSouthern California Edison, Lotus Infrastructure Partners Chosen by CAISO to Build Major Transmission Project Between San Diego, Orange CountiesMay 17, 2024 | investors.comAI Explosion Sets Sleepy Utility Stocks On Fire As Sector Leads MarketMay 14, 2024 | msn.comEdison International raised at Wells Fargo, citing too much wildfire-related riskMay 7, 2024 | businesswire.comSouthern California Edison Announces Redemption of SCE Series E Preference StockMay 7, 2024 | investorplace.com3 Stocks Positioned to Capitalize on California's Battery Industry SurgeMay 2, 2024 | finance.yahoo.comEdison International First Quarter 2024 Earnings: Misses ExpectationsMay 1, 2024 | finance.yahoo.comEdison International (EIX) Q1 2024 Earnings Call Transcript Highlights: Key Financial Updates ...May 1, 2024 | msn.comEdison International Earnings Transcript (NYSE:EIX)May 1, 2024 | markets.businessinsider.comKeyBanc Remains a Hold on Edison International (EIX)April 30, 2024 | markets.businessinsider.comEdison International Q1 Earnings SummaryApril 30, 2024 | finance.yahoo.comUPDATE 1-Edison International posts Q1 loss on wildfire claimsApril 30, 2024 | sfgate.comEdison International: Q1 Earnings SnapshotApril 30, 2024 | finance.yahoo.comEdison International Reports First-Quarter 2024 ResultsApril 30, 2024 | seekingalpha.comEdison International 2024 Q1 - Results - Earnings Call PresentationApril 28, 2024 | investorplace.com7 Utility Stocks Built to Withstand Market MayhemApril 25, 2024 | businesswire.comSouthern California Edison Declares DividendsSee More Headlines Receive EIX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Edison International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/30 Dividend3/27/2024Last Earnings4/30/2024Dividend Payable4/30/2024Today6/13/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryElectric Utilities Current SymbolNYSE:EIX CUSIP28102010 CIK827052 Webwww.edison.com Phone(626) 302-2222Fax626-302-1212Employees14,375Year Founded1886Price Target and Rating Average Stock Price Target$77.70 High Stock Price Target$86.00 Low Stock Price Target$64.00 Potential Upside/Downside+5.9%Consensus RatingHold Rating Score (0-4)2.45 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.28 Trailing P/E Ratio32.18 Forward P/E Ratio14.91 P/E GrowthN/ANet Income$1.41 billion Net Margins6.14% Pretax Margin6.54% Return on Equity12.48% Return on Assets2.44% Debt Debt-to-Equity Ratio2.04 Current Ratio1.00 Quick Ratio0.93 Sales & Book Value Annual Sales$16.34 billion Price / Sales1.73 Cash Flow$12.87 per share Price / Cash Flow5.70 Book Value$42.42 per share Price / Book1.73Miscellaneous Outstanding Shares384,750,000Free Float380,136,000Market Cap$28.23 billion OptionableOptionable Beta0.95 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesDr. Pedro J. Pizarro (Age 58)President, CEO & Director Comp: $3.28MMs. Maria C. Rigatti (Age 60)Executive VP & CFO Comp: $1.53MMr. Adam Seth Umanoff J.D. (Age 64)Executive VP, General Counsel & Corporate Secretary Comp: $1.3MMr. J. Andrew Murphy (Age 63)President & Chief Executive Officer of Edison Energy Comp: $877.41kMr. Steven D. Powell (Age 45)President & CEO of SCE Comp: $1.33MMs. Kara Gostenhofer Ryan (Age 41)VP, Chief Accounting Officer & Controller Mr. Sam RamrajVice President of Investor RelationsMs. Marta I. Carreira SlabeVP & Chief Ethics & Compliance OfficerMs. Beth M. FoleyVice President of Corporate CommunicationsMs. Natalie K. Schilling (Age 64)Senior VP & Chief Human Resources Officer More ExecutivesKey CompetitorsSouthernNYSE:SODuke EnergyNYSE:DUKEntergyNYSE:ETRFirstEnergyNYSE:FEPPLNYSE:PPLView All CompetitorsInsiders & InstitutionsJackson Wealth Management LLCBought 4,361 shares on 6/11/2024Ownership: 0.005%Caroline ChoiSold 10,004 sharesTotal: $758,003.08 ($75.77/share)DekaBank Deutsche GirozentraleBought 715 shares on 6/4/2024Ownership: 0.019%Teachers Retirement System of The State of KentuckySold 1,627 shares on 5/28/2024Ownership: 0.008%PGGM InvestmentsBought 340 shares on 5/24/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions Should I Buy Edison International Stock? EIX Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Edison International: Edison International has shown consistent revenue growth over the past few quarters, indicating a strong financial performance. The company has a solid dividend yield, providing investors with a steady income stream. Recent investments in renewable energy projects position Edison International well for future growth in the sustainable energy sector. Positive analyst ratings and price targets suggest a favorable outlook for the company's stock price. Edison International's strong balance sheet and low debt-to-equity ratio provide financial stability and room for strategic investments. Cons Investors should be bearish about investing in Edison International for these reasons: Regulatory risks in the utility sector could impact Edison International's operations and profitability. Fluctuations in energy prices and demand may affect the company's revenue and earnings stability. Concerns about potential environmental liabilities or regulatory changes could pose risks to Edison International's future projects. Market competition and technological advancements in the energy industry could pressure Edison International's market position. Macroeconomic factors such as interest rate changes or economic downturns could impact Edison International's financial performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 3, 2024. Please send any questions or comments about these Edison International pros and cons to contact@marketbeat.com. EIX Stock Analysis - Frequently Asked Questions Should I buy or sell Edison International stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Edison International in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EIX shares. 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. View EIX analyst ratings or view top-rated stocks. What is Edison International's stock price target for 2024? 11 equities research analysts have issued 1 year target prices for Edison International's stock. Their EIX share price targets range from $64.00 to $86.00. On average, they expect the company's share price to reach $77.70 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View analysts price targets for EIX or view top-rated stocks among Wall Street analysts. How have EIX shares performed in 2024? Edison International's stock was trading at $71.49 at the start of the year. Since then, EIX stock has increased by 2.7% and is now trading at $73.45. View the best growth stocks for 2024 here. Are investors shorting Edison International? Edison International saw a increase in short interest in May. As of May 31st, there was short interest totaling 5,180,000 shares, an increase of 6.4% from the May 15th total of 4,870,000 shares. Based on an average daily volume of 1,790,000 shares, the short-interest ratio is currently 2.9 days. View Edison International's Short Interest. When is Edison International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our EIX earnings forecast. How were Edison International's earnings last quarter? Edison International (NYSE:EIX) announced its quarterly earnings data on Tuesday, April, 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.01. The utilities provider had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.16 billion. Edison International had a net margin of 6.14% and a trailing twelve-month return on equity of 12.48%. The firm's revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.09 EPS. Read the conference call transcript. How often does Edison International pay dividends? What is the dividend yield for Edison International? Edison International announced a quarterly dividend on Thursday, February 22nd. Investors of record on Thursday, March 28th will be given a dividend of $0.78 per share on Tuesday, April 30th. This represents a $3.12 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for EIX. Is Edison International a good dividend stock? Edison International (NYSE:EIX) pays an annual dividend of $3.12 per share and currently has a dividend yield of 4.22%. EIX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 136.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EIX will have a dividend payout ratio of 55.91% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for EIX. What ETFs hold Edison International's stock? ETFs with the largest weight of Edison International (NYSE:EIX) stock in their portfolio include Virtus Reaves Utilities ETF (UTES), Brookstone Dividend Stock ETF (BAMD), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI) and Utilities Select Sector SPDR Fund (XLU). What guidance has Edison International issued on next quarter's earnings? Edison International updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of 4.750-5.050 for the period, compared to the consensus earnings per share estimate of 4.940. The company issued revenue guidance of -. What is Pedro J. Pizarro's approval rating as Edison International's CEO? 2 employees have rated Edison International Chief Executive Officer Pedro J. Pizarro on Glassdoor.com. Pedro J. Pizarro has an approval rating of 100% among the company's employees. This puts Pedro J. Pizarro in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Edison International own? 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). Who are Edison International's major shareholders? Edison International's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.07%), Capital Research Global Investors (5.29%), Pzena Investment Management LLC (3.54%), Capital International Investors (3.46%), Clearbridge Investments LLC (1.30%) and Nordea Investment Management AB (0.85%). Insiders that own company stock include Caroline Choi, J Andrew Murphy, Peter J Taylor and Vanessa C L Chang. View institutional ownership trends. How do I buy shares of Edison International? Shares of EIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Edison International have any subsidiaries? The following companies are subsidiares of Edison International: SoCore Energy, and Southern California Edison Company.Read More This page (NYSE:EIX) was last updated on 6/13/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. 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