Edison International (NYSE:EIX) Receives Average Rating of “Hold” from Analysts

Shares of Edison International (NYSE:EIX) have received a consensus recommendation of “Hold” from the twelve analysts that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $69.4444.

Several analysts have recently commented on the company. LADENBURG THALM/SH SH reiterated a “sell” rating and set a $63.00 price objective on shares of Edison International in a report on Thursday, March 5th. Jefferies Financial Group reduced their target price on Edison International from $59.00 to $54.00 and set a “hold” rating on the stock in a research report on Wednesday, January 28th. Morgan Stanley reiterated an “underweight” rating on shares of Edison International in a research note on Friday, February 20th. JPMorgan Chase & Co. raised their price target on Edison International from $66.00 to $74.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Edison International in a research note on Monday, December 29th.

Edison International Stock Performance

EIX stock opened at $71.78 on Friday. Edison International has a 1-year low of $47.73 and a 1-year high of $75.50. The business has a 50-day moving average price of $67.54 and a 200 day moving average price of $60.72. The company has a market capitalization of $27.63 billion, a P/E ratio of 6.21, a PEG ratio of 1.17 and a beta of 0.79. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.68.

Edison International (NYSE:EIX) last posted its earnings results on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.40. Edison International had a return on equity of 14.87% and a net margin of 24.34%.The company had revenue of $5.21 billion during the quarter, compared to analyst estimates of $4.29 billion. During the same quarter in the prior year, the business earned $1.05 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS and its FY 2027 guidance at 6.250-6.650 EPS. As a group, equities research analysts forecast that Edison International will post 4.95 EPS for the current fiscal year.

Edison International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 7th will be paid a $0.8775 dividend. The ex-dividend date is Tuesday, April 7th. This represents a $3.51 dividend on an annualized basis and a yield of 4.9%. Edison International’s dividend payout ratio (DPR) is 30.36%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. 10Elms LLP acquired a new stake in shares of Edison International during the fourth quarter worth $26,000. Transamerica Financial Advisors LLC increased its position in shares of Edison International by 170.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 281 shares during the period. Activest Wealth Management raised its stake in Edison International by 677.8% in the 3rd quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 488 shares during the last quarter. CVA Family Office LLC lifted its position in Edison International by 113.7% during the 3rd quarter. CVA Family Office LLC now owns 577 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 307 shares during the period. Finally, Ransom Advisory Ltd lifted its position in Edison International by 74.9% during the 4th quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 259 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.

About Edison International

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE’s integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company’s operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company’s activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.