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NYSE:EIX

Edison International (EIX) Stock Price, News & Analysis

$86.23
+0.81 (+0.95%)
(As of 03:33 PM ET)
Today's Range
$85.88
$86.64
50-Day Range
$71.53
$87.72
52-Week Range
$58.82
$88.77
Volume
908,679 shs
Average Volume
2.00 million shs
Market Capitalization
$33.18 billion
P/E Ratio
37.82
Dividend Yield
3.62%
Price Target
$84.67

Edison International MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.5% Downside
$85.83 Price Target
Short Interest
Healthy
1.34% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
1.02mentions of Edison International in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$7.22 M Sold Last Quarter
Proj. Earnings Growth
13.91%
From $4.96 to $5.65 Per Share

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.

4.66 out of 5 stars

Utilities Sector

8th out of 93 stocks

Electric Services Industry

4th out of 46 stocks

EIX stock logo

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.

EIX Stock Price History

EIX Stock News Headlines

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Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Argus Boosts Edison International (NYSE:EIX) Price Target to $97.00
Nvidia is Pivoting to Solve Big Tech’s $1 Trillion Problem
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Do Hedge Funds Expect Edison (EIX) to Grow This Year?
Edison International (NYSE:EIX) PT Raised to $89.00 at UBS Group
See More Headlines
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Company Calendar

Ex-Dividend for 7/31 Dividend
7/08/2024
Last Earnings
7/25/2024
Dividend Payable
7/31/2024
Today
9/16/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
28102010
Employees
14,375
Year Founded
1886

Price Target and Rating

Average Stock Price Target
$85.83
High Stock Price Target
$97.00
Low Stock Price Target
$68.00
Potential Upside/Downside
-1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$1.41 billion
Pretax Margin
7.04%

Debt

Sales & Book Value

Annual Sales
$16.82 billion
Cash Flow
$13.22 per share
Book Value
$42.42 per share

Miscellaneous

Free Float
380,790,000
Market Cap
$33.21 billion
Optionable
Optionable
Beta
0.91

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Key Executives

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's stock price has been showing a positive trend, reaching a one-year high of $88.77, indicating potential growth.
  • Recent insider selling activities suggest confidence in the company's future performance, which can be a positive signal for investors.
  • Analysts have issued buy ratings for Edison International, with price targets indicating further upside potential for the stock.
  • Edison International's strong financial position, with a current ratio of 1.03, indicates the company's ability to meet short-term obligations.
  • Investor interest in Edison International has been increasing, as evidenced by institutional investors adding to their stakes in the company.

Cons

Investors should be bearish about investing in Edison International for these reasons:

  • Despite positive analyst ratings, there is still a sell rating on the stock, indicating some concerns in the market.
  • Edison International's debt-to-equity ratio of 2.04 may raise concerns about the company's leverage and financial risk.
  • The company's stock has experienced fluctuations in trading volume, which could indicate uncertainty or lack of strong investor interest.
  • Recent insider selling activities, totaling 73,845 shares, may raise questions about the long-term growth prospects of the company.
  • While the stock has reached a one-year high, potential market volatility could impact the stock price in the short term.
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 Tuesday, September 10, 2024. Please send any questions or comments about these Edison International pros and cons to contact@marketbeat.com.

EIX Stock Analysis - Frequently Asked Questions

How have EIX shares performed this year?

Edison International's stock was trading at $71.49 at the beginning of 2024. Since then, EIX shares have increased by 20.6% and is now trading at $86.23.
View the best growth stocks for 2024 here
.

How were Edison International's earnings last quarter?

Edison International (NYSE:EIX) posted its quarterly earnings results on Thursday, July, 25th. The utilities provider reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.18. Edison International's revenue was up 9.4% compared to the same quarter last year.
Read the conference call transcript
.

Does Edison International have any subsidiaries?

Edison International subsidiaries include SoCore Energy, and Southern California Edison Company.

Who are Edison International's major shareholders?

Edison International's top institutional shareholders include Pzena Investment Management LLC (3.33%), Legal & General Group Plc (1.37%), Massachusetts Financial Services Co. MA (1.35%) and Clearbridge Investments LLC (1.30%). Insiders that own company stock include Caroline Choi, J Andrew Murphy, Natalie K Schilling, Vanessa C L Chang and Peter J Taylor.
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.

What other stocks do shareholders of Edison International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Edison International investors own include Johnson & Johnson (JNJ), AT&T (T), Chevron (CVX), Intel (INTC), Verizon Communications (VZ), Cisco Systems (CSCO) and Pfizer (PFE).

This page (NYSE:EIX) was last updated on 9/16/2024 by MarketBeat.com Staff

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