Edison International
EIX
Market cap $32.7B

84.64 USD

-1.32

1.54%

At close Oct 17, 4:00 PM EDT

After hours

84.64

+0.00

0.00%

1 day

-1.54%

5 days

1.50%

1 month

-1.65%

3 months

12.33%

6 months

24.40%

Year to date

17.00%

1 year

27.53%

5 years

19.95%

About: Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

Employees: 14,375

Utilities Electric Services

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 14 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

201% more call options, than puts

Call options by funds: $87.5M | Put options by funds: $29.1M

61% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 56

33% more funds holding in top 10

Funds holding in top 10: 6 [Q1] → 8 (+2) [Q2]

22% more repeat investments, than reductions

Existing positions increased: 307 | Existing positions reduced: 251

5% more funds holding

Funds holding: 755 [Q1] → 789 (+34) [Q2]

0% more capital invested

Capital invested by funds: $24.5B [Q1] → $24.6B (+$117M) [Q2]

17.15% less ownership

Funds ownership: 106.3% [Q1] → 89.16% (-17.15%) [Q2]

See Fund Rankings

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$68

20%

downside

Avg. target

$87

3%

upside

High target

$100

18%

upside

14 analyst ratings

7 positive

50%

5 neutral

36%

2 negative

14%

Barclays Nicholas Campanella 89% 1-year accuracy 49 / 55 met price target	5%upside $89	Equal-Weight Maintained	15 Oct 2024
RBC Capital Shelby Tucker 74% 1-year accuracy 20 / 27 met price target	18%upside $100	Outperform Maintained	4 Oct 2024
Morgan Stanley David Arcaro 71% 1-year accuracy 30 / 42 met price target	15%downside $72	Underweight Maintained	25 Sept 2024
RBC Capital Shelby Tucker 74% 1-year accuracy 20 / 27 met price target	11%upside $94	Outperform Reiterated	16 Sept 2024
B of A Securities Ross Fowler 77% 1-year accuracy 10 / 13 met price target	12%upside $95	Buy Reinstated	12 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about EIX published over the past 30 days

Zacks Investment Research

Here's Why Edison International (EIX) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Edison International (EIX) is a Strong Momentum Stock

Edison International (EIX) Seeks $5.4 Billion Rate Recovery for Woolsey Fire Losses

On October 8, 2024, Southern California Edison Company (SCE), a subsidiary of Edison International (EIX, Financial), filed an application with the California Public Utilities Commission (CPUC) to recover $5.4 billion in losses related to the Woolsey Fire. This substantial amount includes approximately $4.4 billion in uninsured claims paid as of August 31, 2024, and $1.0 billion in associated costs, which encompass legal and financing expenses incurred by the same date, along with estimated ongoing financing costs.

Edison International (EIX) Seeks $5.4 Billion Rate Recovery for Woolsey Fire Losses

Advisory for Tuesday, Oct. 29: Edison International to Hold Conference Call on Third Quarter 2024 Financial Results

--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: Third Quarter 2024 Financial Results WHEN: 1:30-2:30 p.m. (PDT) NUMBERS: 1-888-673-9780 — for callers in the U.S. 1-312-470-0178 — for international callers PASSCODE: Edison WEBCAST: www.edisoninvestor.com REPLAY: In addition to the live conference call and webcast, a telephone replay will be available through Nov. 11 at 6 p.m. (PDT) at the following numbers: 1-800-391-9853 — for callers in the U.S. 1-203-369-3269 — for international cal.

Advisory for Tuesday, Oct. 29: Edison International to Hold Conference Call on Third Quarter 2024 Financial Results

$1.5 Million Edison Scholars Program Accepting Applications

ROSEMEAD, Calif.--(BUSINESS WIRE)--High school seniors passionate about science, technology, engineering or math (STEM) are encouraged to apply for the Edison scholarship. Today, Edison International opened the application period for its much-celebrated Edison Scholars Program that awards $50,000, paid over four years, to STEM-focused students to pursue their dreams. Each year, the program awards a total of $1.5 million in scholarships to 30 high school seniors who live in Southern California E.

$1.5 Million Edison Scholars Program Accepting Applications

More firm clean power needed to hit California climate goals, Edison Intl. CEO says

Fully decarbonizing California's electrical grid will require more firm clean power sources, including advanced geothermal and natural gas with carbon capture, Edison International chief executive officer told Reuters on Wednesday.

More firm clean power needed to hit California climate goals, Edison Intl. CEO says

CNBC Television

Edison International CEO on new 'reaching net zero' plan, AI's demand for power

Pedro Pizarro, Edison International CEO, joins 'Money Movers' to discuss how to balance mitigating wildfire risks and utility customer rates don't continue to rise, the recent Microsoft-Three Mile Island deal, and much more.

Edison International CEO on new 'reaching net zero' plan, AI's demand for power

Zacks Investment Research

EIX or WEC: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Utility - Electric Power sector might want to consider either Edison International (EIX) or WEC Energy Group (WEC). But which of these two stocks presents investors with the better value opportunity right now?

EIX or WEC: Which Is the Better Value Stock Right Now?

California's Clean Energy Future: Net Zero by 2045 is Within Reach

ROSEMEAD, Calif.--(BUSINESS WIRE)--The clean energy future for California is still attainable, despite infrastructure challenges, extreme weather impacts and technological and policy gaps. To achieve this, we must act now. Today at Climate Week NYC, Edison International released Reaching Net Zero, a forward-looking analysis that reinforces the urgent need for multisector collaboration, enhanced efficiencies and significant investment in clean firm generation to meet California's goal of net-zer.

California's Clean Energy Future: Net Zero by 2045 is Within Reach

Edison International, Southern California Edison Declare Dividends

ROSEMEAD, Calif.--(BUSINESS WIRE)--The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Oct. 31, 2024, to shareholders of record on Oct. 7, 2024. Additionally, the board of directors of Southern California Edison today declared the following dividends, payable Dec. 15, 2024, to shareholders of record on Dec. 13, 2024: Series G preference stock, which would result in a distribution of $0.31875 per security on S.

Edison International, Southern California Edison Declare Dividends

Zacks Investment Research

Why Edison International (EIX) is a Top Momentum Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Edison International (EIX) is a Top Momentum Stock for the Long-Term

See News Rankings

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