Edison International (EIX)

NYSE: EIX · Real-Time Price · USD
85.32
-0.47 (-0.54%)
Dec 3, 2024, 12:19 PM EST - Market open
-0.54%
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]

Sector Utilities
Founded 1886
Employees 14,375
Stock Exchange NYSE
Ticker Symbol EIX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$86.25
(1.10% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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 ...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

Other symbols: BBYEVRGLNTMCHPNOCWECWM
5 weeks ago - Seeking Alpha

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...

7 weeks ago - GuruFocus

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...

2 months ago - Business Wire

$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 ...

2 months ago - Business Wire

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...

2 months ago - Reuters

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...

2 months ago - CNBC Television

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

Other symbols: UTF
5 months ago - Seeking Alpha

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 ...

Other symbols: KRMATXPFET
5 months ago - Forbes

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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.

Other symbols: AESDFSLRMDUNEEPWRXLU
5 months ago - CNBC Television

3 Dividend Stocks for June 2024

The dividend prospects of a REIT, a utility, and a toymaker.

Other symbols: CCIHAS
6 months ago - Morningstar

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...

6 months ago - Seeking Alpha

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...

7 months ago - Business Wire