Edison International
EIX
Market cap $32.4B

83.68 USD

+1.55

1.89%

At close Nov 15, 4:00 PM EST

After hours

83.68

+0.00

0.00%

1 day

1.89%

5 days

0.83%

1 month

-1.63%

3 months

0.63%

6 months

10.51%

Year to date

15.68%

1 year

28.21%

5 years

19.37%

10 years

33.42%

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 6,704 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

55% more first-time investments, than exits

New positions opened: 129 | Existing positions closed: 83

19% more repeat investments, than reductions

Existing positions increased: 309 | Existing positions reduced: 259

17% more capital invested

Capital invested by funds: $25B [Q2] → $29.3B (+$4.36B) [Q3]

6% more funds holding

Funds holding: 790 [Q2] → 836 (+46) [Q3]

3.09% less ownership

Funds ownership: 90.49% [Q2] → 87.39% (-3.09%) [Q3]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]

28% less call options, than puts

Call options by funds: $77.1M | Put options by funds: $107M

See Fund Rankings

Research analyst outlook

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

Low target

$68

19%

downside

Avg. target

$88

5%

upside

High target

$100

20%

upside

13 analyst ratings

6 positive

46%

4 neutral

31%

3 negative

23%

Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 38 / 69 met price target	11%upside $93	Buy Initiated	7 Nov 2024
Ladenburg Thalmann Paul Fremont 67% 1-year accuracy 10 / 15 met price target	12%downside $74	Sell Upgraded	1 Nov 2024
Wells Fargo Neil Kalton 69% 1-year accuracy 33 / 48 met price target	12%upside $94	Overweight Maintained	30 Oct 2024
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target	9%upside $91	Equal-Weight Maintained	30 Oct 2024
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target	6%upside $89	Equal-Weight Maintained	15 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about EIX published over the past 30 days

Edison International: Not The Best Value In The Utility Space

I'm a heavy investor in the Utility space, with utilities across both NA and Europe in my current valuation-oriented portfolio. Edison International is a company where I have received coverage and analysis requests, which I am happy to handle. I believe the company to be a qualitative business. However, Edison International is also overvalued, which is why I do not consider it to be a good “Buy” at this time.

Edison International: Not The Best Value In The Utility Space

Zacks Investment Research

Edison International Q3 Earnings Beat Estimates, Revenues Rise Y/Y

EIX's third-quarter earnings top estimates, while revenues increase year over year by 3.7%. The company narrows its 2024 EPS outlook.

Edison International Q3 Earnings Beat Estimates, Revenues Rise Y/Y

Edison International (EIX) Q3 2024 Earnings Conference Call Transcript

Start Time: 16:30 January 1, 0000 5:28 PM ET Edison International (NYSE:EIX ) Q3 2024 Earnings Conference Call October 29, 2024, 16:30 AM ET Company Participants Pedro Pizarro - President and CEO Maria Rigatti - EVP and CFO Steve Powell - President and CEO, Southern California Edison Sam Ramraj - VP, IR Conference Call Participants Michael Lonegan - Evercore ISI Shar Pourreza - Guggenheim Partners Anthony Crowdell - Mizuho Steven Fleishman - Wolfe Research Ryan Levine - Citi Gregg Orrill - UBS Nicholas Campanella - Barclays Rich Sunderland - JPMorgan David Arcaro - Morgan Stanley Angie Storozynski - Seaport Operator Good afternoon, and welcome to the Edison International Third Quarter 2024 Financial Teleconference. My name is Sheila, and I will be your operator today.

Edison International (EIX) Q3 2024 Earnings Conference Call Transcript

Zacks Investment Research

Edison International (EIX) Tops Q3 Earnings and Revenue Estimates

Edison International (EIX) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.38 per share a year ago.

Edison International (EIX) Tops Q3 Earnings and Revenue Estimates

Southern California Edison Announces Redemption of SCE Trust III 5.75% Fixed to Floating Rate Trust Preference Securities

ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison announced today that it will redeem all the outstanding shares of its Series H Preference Stock, which will cause SCE Trust III to redeem all of its outstanding 5.75% Fixed to Floating Rate Trust Preference Securities (“Trust Preference Securities”). The redemption date will be Nov. 28, 2024, and the redemption price will be $25.00 per Trust Preference Security, plus accrued and unpaid dividends up to, but excluding the redemption da.

Southern California Edison Announces Redemption of SCE Trust III 5.75% Fixed to Floating Rate Trust Preference Securities

Edison International Reports Third-Quarter 2024 Results

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported third-quarter net income of $516 million, or $1.33 per share, compared to net income of $155 million, or $0.40 per share, in the third quarter of last year. As adjusted, third-quarter core earnings were $582 million, or $1.51 per share, compared to core earnings of $531 million, or $1.38 per share, in the third quarter of last year. Southern California Edison's third-quarter 2024 core earnings per share (EPS) inc.

Edison International Reports Third-Quarter 2024 Results

Dividend Aristocrats Of The Future - Part 2

This is the second group of 10 companies who are aiming to reach dividend aristocrat status in the near future. The majority of these companies are from the utilities sector with two defense contractors also included. A few of the companies have 10-year dividend growth rates above 10%.

Dividend Aristocrats Of The Future - Part 2

Zacks Investment Research

Will Edison International (EIX) Beat Estimates Again in Its Next Earnings Report?

Edison International (EIX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Edison International (EIX) Beat Estimates Again in Its Next Earnings Report?

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

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