Edison International (EIX)
Market Cap | 33.03B |
Revenue (ttm) | 17.32B |
Net Income (ttm) | 1.32B |
Shares Out | 387.15M |
EPS (ttm) | 3.42 |
PE Ratio | 25.01 |
Forward PE | 15.72 |
Dividend | $3.12 (3.65%) |
Ex-Dividend Date | Oct 7, 2024 |
Volume | 289,890 |
Open | 86.25 |
Previous Close | 85.78 |
Day's Range | 85.25 - 86.48 |
52-Week Range | 63.15 - 88.77 |
Beta | 0.92 |
Analysts | Buy |
Price Target | 86.25 (+1.1%) |
Earnings Date | Oct 29, 2024 |
About EIX
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. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-m... [Read more]
Financial Performance
In 2023, Edison International's revenue was $16.34 billion, a decrease of -5.12% compared to the previous year's $17.22 billion. Earnings were $1.20 billion, an increase of 95.59%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for EIX stock is "Buy." The 12-month stock price forecast is $86.25, which is an increase of 1.10% from the latest price.
News
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 ana...
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 Mari...
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 ...
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 sh...
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 contracto...
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 reco...
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 intern...
$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 ...
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 off...
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 Isl...
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 ...
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 sharehol...
Edison International, Southern California Edison Declare Q3 Dividends
ROSEMEAD, Calif.--(BUSINESS WIRE)--The board of directors of Edison International (NYSE: EIX) today declared the following dividends, payable Sept. 15, 2024, to shareholders of record on Sept. 1, 2024...
Edison International: Plans To Grow Its Load After Application To Regulator
EIX and Entergy Corporation offer attractive dividend yields. EIX shows revenue and income growth, plans to increase load to meet demand. EIX's focus on clean energy, electrification, and technology m...
Edison International (EIX) Q2 2024 Earnings Call Transcript
Edison International (NYSE:EIX) Q2 2024 Results Conference Call July 25, 2024 4:30 PM ET Company Participants Sam Ramraj - Vice President of Investor Relations Pedro Pizarro - President and Chief Exe...
Edison International Reports Second-Quarter 2024 Results
ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported second-quarter net income of $439 million, or $1.14 per share, compared to net income of $354 million, or $0.92 per s...
Edison International Announces 12 Lineworker Scholarship Recipients
ROSEMEAD, Calif.--(BUSINESS WIRE)--Today, Edison International announced the 12 recipients of the Edison International Lineworker Scholarship, which awards up to $25,000 per recipient to pursue a care...
Yes, You Can Retire On Dividends, 2 Fat Yields +8%
Big Short Eisman highlights bullishness for the infrastructure sector. We discuss four catalysts for this sector, potentially offering tailwinds for the foreseeable future. Fill your pockets with larg...
Daily Dividend Report: AT&T, Kroger, Matson, Pfizer, Edison
The board of directors of AT&T today declared a quarterly dividend of $0.2775 per share on the company's common shares. Dividends on the common stock are payable on August 1, 2024, to stockholders of ...
Edison International Declares Q2 Dividend
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 July 31, 2024, to sharehol...
Advisory for Thursday, July 25: Edison International to Hold Conference Call on Second Quarter 2024 Financial Results
--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: Second 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 — f...
The Investment Committee talks their utilities investing playbook
Utilities is one of the best performing sectors this year. The Committee share their top Utilities plays.
3 Dividend Stocks for June 2024
The dividend prospects of a REIT, a utility, and a toymaker.
Edison International Subsidiary's Preferred Benefits From Reduced Fire Risk
Edison International's Southern California Edison subsidiary has six exchange-traded preferred issues. Three of them are converting from fixed to floating rates. SCE.PR.J is particularly attractive, w...
Southern California Edison, Lotus Infrastructure Partners Chosen by CAISO to Build Major Transmission Project Between San Diego, Orange Counties
ROSEMEAD, Calif. & GREENWICH, Conn.--(BUSINESS WIRE)--Southern California Edison and Lotus Infrastructure Partners today announced they were chosen by the California Independent System Operator (CAISO...