Zacks Research Issues Optimistic Outlook for EIX Earnings

Edison International (NYSE:EIX) – Equities research analysts at Zacks Research upped their Q1 2026 EPS estimates for Edison International in a research report issued on Monday, July 28th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings per share of $1.24 for the quarter, up from their previous forecast of $1.14. The consensus estimate for Edison International’s current full-year earnings is $4.95 per share. Zacks Research also issued estimates for Edison International’s Q3 2026 earnings at $1.87 EPS, Q4 2026 earnings at $1.60 EPS and Q1 2027 earnings at $1.47 EPS.

Edison International (NYSE:EIX) last posted its earnings results on Tuesday, April 29th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.16. The company had revenue of $3.81 billion for the quarter, compared to analysts’ expectations of $4.29 billion. Edison International had a return on equity of 13.21% and a net margin of 16.84%. The firm’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same period last year, the business posted $1.13 earnings per share.

EIX has been the topic of a number of other reports. JPMorgan Chase & Co. decreased their target price on Edison International from $75.00 to $71.00 and set a “neutral” rating on the stock in a research report on Monday, May 19th. Morgan Stanley decreased their price target on Edison International from $52.00 to $51.00 and set an “underweight” rating on the stock in a report on Wednesday, June 18th. Evercore ISI reiterated an “outperform” rating on shares of Edison International in a report on Thursday, May 15th. Wolfe Research cut Edison International from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 9th. Finally, Barclays boosted their price objective on shares of Edison International from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Edison International presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.35.

Edison International Stock Up 0.4%

EIX opened at $52.46 on Tuesday. Edison International has a one year low of $47.73 and a one year high of $88.77. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.89 and a current ratio of 0.96. The stock’s fifty day moving average is $52.17 and its 200-day moving average is $54.62. The company has a market capitalization of $20.18 billion, a PE ratio of 7.44, a P/E/G ratio of 1.23 and a beta of 0.75.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EIX. Bellwether Advisors LLC bought a new position in Edison International during the fourth quarter valued at about $34,000. Rakuten Securities Inc. boosted its position in shares of Edison International by 4,633.3% during the 1st quarter. Rakuten Securities Inc. now owns 426 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 417 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Edison International during the 1st quarter worth $25,000. Investment Management Corp VA ADV increased its position in shares of Edison International by 159.6% during the 1st quarter. Investment Management Corp VA ADV now owns 431 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 265 shares during the last quarter. Finally, Kentucky Trust Co raised its stake in shares of Edison International by 66.7% during the second quarter. Kentucky Trust Co now owns 500 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 200 shares in the last quarter. 88.95% of the stock is currently owned by institutional investors and hedge funds.

Edison International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, July 7th will be paid a $0.8275 dividend. This represents a $3.31 annualized dividend and a yield of 6.31%. The ex-dividend date is Monday, July 7th. Edison International’s dividend payout ratio (DPR) is currently 46.95%.

About Edison International

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.