NYSE:EIX Edison International (EIX) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free EIX Stock Alerts $70.73 +1.33 (+1.92%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$69.39▼$70.8450-Day Range$64.41▼$70.1552-Week Range$58.82▼$74.92Volume1.90 million shsAverage Volume1.73 million shsMarket Capitalization$27.21 billionP/E Ratio22.67Dividend Yield4.41%Price Target$73.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Edison International alerts: Email Address Edison International MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside3.9% Upside$73.50 Price TargetShort InterestHealthy1.68% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.81Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth13.05%From $4.98 to $5.63 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.4.47 out of 5 starsUtilities Sector22nd out of 90 stocksElectric Services Industry12th out of 40 stocks 1.2 Analyst's Opinion Consensus RatingEdison International has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.50, Edison International has a forecasted upside of 3.9% from its current price of $70.73.Amount of Analyst CoverageEdison International has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.68% 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 2.8, 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 4.71%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend LeadershipEdison International is a leading dividend payer. It pays a dividend yield of 4.57%, 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 100.00%. 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 55.42% next year. This indicates that Edison International will be able to sustain or increase its 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 0.47 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Edison International this week, compared to 7 articles on an average week.Search Interest21 people have searched for EIX on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.MarketBeat Follows13 people have added Edison International to their MarketBeat watchlist in the last 30 days. This is an increase of 333% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edison International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.03% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Edison International are expected to grow by 13.05% in the coming year, from $4.98 to $5.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Edison International is 22.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Edison International is 22.67, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 76.04.Price to Earnings Growth RatioEdison International has a PEG Ratio of 2.30. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEdison International has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… 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 HeadlinesMarch 28, 2024 | forbes.comWhy Edison International Is A Top 10 Utility Dividend StockMarch 27, 2024 | finance.yahoo.comAEP (AEP) Down 1.9% Since Last Earnings Report: Can It Rebound?March 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 25, 2024 | americanbankingnews.comEdison International (NYSE:EIX) Given Average Recommendation of "Hold" by AnalystsMarch 19, 2024 | finance.yahoo.comSCE Customers Save $86 on April Bills, Thanks to California Climate CreditMarch 16, 2024 | finance.yahoo.comEIX Oct 2024 55.000 callMarch 16, 2024 | finance.yahoo.comEIX Oct 2024 70.000 callMarch 16, 2024 | finance.yahoo.comEIX Jul 2024 80.000 putMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 12, 2024 | finance.yahoo.comEdison International: Raising target to $78March 7, 2024 | businesswire.comWant an Exciting Career? Edison International Accepting Applications for Lineworker Scholarship Program Designed to Strengthen a Diverse WorkforceMarch 7, 2024 | nasdaq.comEIX Quantitative Stock AnalysisFebruary 28, 2024 | finance.yahoo.comLADWP and Edison rates are rising. What you can do to lower your billFebruary 26, 2024 | finance.yahoo.comSouthern California Edison to pay $80 million over deadly 2017 Thomas fireFebruary 26, 2024 | finance.yahoo.comUPDATE 2-Southern California Edison to pay $80 mln to US over 2017 wildfireFebruary 26, 2024 | finance.yahoo.comCalifornia utility will pay $80M to settle claims its equipment sparked devastating 2017 wildfireFebruary 26, 2024 | markets.businessinsider.comEdison International (EIX) Receives a Hold from BarclaysFebruary 24, 2024 | finance.yahoo.comEdison International Full Year 2023 Earnings: Misses ExpectationsFebruary 23, 2024 | markets.businessinsider.comEdison International: Hold Rating Amid Near-Term Challenges and Medium-Term Growth ProspectsFebruary 23, 2024 | finance.yahoo.comDecoding Edison International (EIX): A Strategic SWOT InsightFebruary 22, 2024 | seekingalpha.comEdison International (EIX) Q4 2023 Earnings Conference Call TranscriptFebruary 22, 2024 | finance.yahoo.comEdison International (EIX) Reports Mixed Fourth-Quarter and Full-Year 2023 ResultsFebruary 22, 2024 | seekingalpha.comEdison International 2023 Q4 - Results - Earnings Call PresentationFebruary 22, 2024 | businesswire.comEdison International, Southern California Edison Declare DividendsFebruary 22, 2024 | businesswire.comEdison International Reports Fourth-Quarter and Full-Year 2023 ResultsFebruary 22, 2024 | theglobeandmail.comS&P Posts Record High as Nvidia Pushes Tech Stocks HigherFebruary 21, 2024 | seekingalpha.comEdison International: Until Wildfire Mitigation Is Complete, Consider The High-Yield Preferred SharesSee 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 1/31 Dividend12/28/2023Dividend Payable1/31/2024Last Earnings2/22/2024Ex-Dividend for 4/30 Dividend3/27/2024Today3/29/2024Dividend Payable4/30/2024Next Earnings (Estimated)5/07/2024Fiscal 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$73.50 High Stock Price Target$86.00 Low Stock Price Target$53.00 Potential Upside/Downside+3.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$3.12 Trailing P/E Ratio22.67 Forward P/E Ratio14.20 P/E Growth2.34Net Income$1.41 billion Net Margins8.35% Pretax Margin9.27% Return on Equity12.63% Return on Assets2.49% Debt Debt-to-Equity Ratio1.86 Current Ratio0.79 Quick Ratio0.73 Sales & Book Value Annual Sales$16.34 billion Price / Sales1.67 Cash Flow$13.20 per share Price / Cash Flow5.36 Book Value$42.42 per share Price / Book1.67Miscellaneous Outstanding Shares384,680,000Free Float380,718,000Market Cap$27.21 billion OptionableOptionable Beta0.96 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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. 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 Ms. Alisa DoVP & Corporate SecretaryMore ExecutivesKey CompetitorsEntergyNYSE:ETRFirstEnergyNYSE:FEEversource EnergyNYSE:ESPPLNYSE:PPLPinnacle West CapitalNYSE:PNWView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 7,718 shares on 3/27/2024Ownership: 0.002%HighPoint Advisor Group LLCBought 8,619 shares on 3/26/2024Ownership: 0.002%PNC Financial Services Group Inc.Sold 19,976 shares on 3/22/2024Ownership: 0.013%Healthcare of Ontario Pension Plan Trust FundSold 124,045 shares on 3/21/2024Ownership: 0.030%Ariston Services GroupBought 4,002 shares on 3/21/2024Ownership: 0.001%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 a strong market capitalization of $26.32 billion, indicating stability and potential growth. The company's diversified portfolio of electric generating facilities, including solar, hydro, and natural gas, provides resilience and adaptability in the energy market. Edison International's consistent dividend payments, with a $0.78 quarterly dividend and a 4.56% yield, offer attractive returns to investors. The utilities provider exceeded earnings expectations, reporting $1.28 earnings per share for the quarter, showcasing financial strength and profitability. With a return on equity of 12.63%, Edison International demonstrates efficient utilization of shareholder equity to generate profits. Cons Investors should be bearish about investing in Edison International for these reasons: Edison International's revenue for the quarter was below analysts' expectations, indicating potential challenges in revenue generation. The company's debt-to-equity ratio of 1.86 suggests a relatively high level of debt, which may pose risks in a changing economic environment. Edison International's stock price has experienced fluctuations, with a 52-week range between $58.82 and $74.92, potentially leading to volatility in investment returns. The P/E ratio of 22.32 may indicate that the stock is currently overvalued, posing a risk for investors seeking undervalued opportunities. Analysts project a lower EPS of 4.99 for the current year, which could impact investor confidence in the company's future earnings potential. 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, March 25, 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? 9 Wall Street 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 4 buy ratings for the stock. The consensus among Wall Street 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? 9 analysts have issued 1 year price objectives for Edison International's stock. Their EIX share price targets range from $53.00 to $86.00. On average, they expect the company's stock price to reach $73.50 in the next year. This suggests a possible upside of 3.9% 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 beginning of the year. Since then, EIX stock has decreased by 1.1% and is now trading at $70.73. View the best growth stocks for 2024 here. Are investors shorting Edison International? Edison International saw a decrease in short interest in February. As of February 29th, there was short interest totaling 6,160,000 shares, a decrease of 6.1% from the February 14th total of 6,560,000 shares. Based on an average daily trading volume, of 2,430,000 shares, the short-interest ratio is presently 2.5 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 Tuesday, May 7th 2024. View our EIX earnings forecast. How were Edison International's earnings last quarter? Edison International (NYSE:EIX) announced its earnings results on Thursday, February, 22nd. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.16 by $0.12. The utilities provider earned $3.71 billion during the quarter, compared to the consensus estimate of $4.19 billion. Edison International had a net margin of 8.35% and a trailing twelve-month return on equity of 12.63%. During the same period in the prior year, the company posted $1.14 EPS. Read the conference call transcript. How often does Edison International pay dividends? What is the dividend yield for Edison International? Edison International declared a quarterly dividend on Thursday, February 22nd. Shareholders 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 dividend yield of 4.41%. 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 4.57%. 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 100.00%. 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 55.42% 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), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN), Utilities Select Sector SPDR Fund (XLU), Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI) and Fidelity MSCI Utilities Index ETF (FUTY). What guidance has Edison International issued on next quarter's earnings? Edison International updated its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of 4.750-5.050 for the period, compared to the consensus EPS estimate of 5.060. 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.18%), Vanguard Group Inc. (12.15%), Capital Research Global Investors (5.21%), Pzena Investment Management LLC (3.47%), Capital International Investors (3.26%) and Wellington Management Group LLP (2.67%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry ResearchMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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