Seaport Res Ptn Has Positive Outlook for EIX FY2025 Earnings

Edison International (NYSE:EIX) – Equities research analysts at Seaport Res Ptn increased their FY2025 EPS estimates for Edison International in a research note issued to investors on Monday, July 28th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $6.08 for the year, up from their previous forecast of $6.02. The consensus estimate for Edison International’s current full-year earnings is $4.95 per share. Seaport Res Ptn also issued estimates for Edison International’s FY2026 earnings at $6.24 EPS and FY2027 earnings at $6.30 EPS.

A number of other equities research analysts also recently weighed in on the stock. Wolfe Research downgraded shares of Edison International from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 9th. Barclays lifted their price target 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. JPMorgan Chase & Co. dropped their price target on shares of Edison International from $75.00 to $71.00 and set a “neutral” rating for the company in a research report on Monday, May 19th. Evercore ISI reiterated an “outperform” rating on shares of Edison International in a research report on Thursday, May 15th. Finally, Morgan Stanley dropped their price target on shares of Edison International from $52.00 to $51.00 and set an “underweight” rating for the company in a research report on Wednesday, June 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.35.

Edison International Stock Down 1.2%

NYSE EIX opened at $51.80 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.89 and a debt-to-equity ratio of 2.06. Edison International has a 1-year low of $47.73 and a 1-year high of $88.77. The company has a 50 day moving average of $52.07 and a 200-day moving average of $54.60. The company has a market cap of $19.93 billion, a price-to-earnings ratio of 7.35, a PEG ratio of 1.23 and a beta of 0.75.

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

Edison International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, July 7th will be paid a $0.8275 dividend. The ex-dividend date of this dividend is Monday, July 7th. This represents a $3.31 dividend on an annualized basis and a yield of 6.39%. Edison International’s dividend payout ratio (DPR) is 46.95%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. grew its stake in shares of Edison International by 98.7% during the first quarter. Oppenheimer & Co. Inc. now owns 10,982 shares of the utilities provider’s stock worth $647,000 after buying an additional 5,454 shares during the last quarter. Tounjian Advisory Partners LLC bought a new stake in shares of Edison International during the first quarter worth $1,151,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Edison International by 135.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 123,851 shares of the utilities provider’s stock worth $7,297,000 after buying an additional 71,159 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Edison International by 4,157.4% during the first quarter. GAMMA Investing LLC now owns 145,179 shares of the utilities provider’s stock worth $8,554,000 after buying an additional 141,769 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Edison International by 17.2% during the first quarter. Janney Montgomery Scott LLC now owns 107,332 shares of the utilities provider’s stock worth $6,324,000 after buying an additional 15,718 shares during the last quarter. 88.95% of the stock is owned by institutional investors.

Edison International Company Profile

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.