Edison International (EIX)

NYSE: EIX · IEX Real-Time Price · USD
70.14
-0.99 (-1.39%)
Apr 26, 2024, 4:00 PM EDT - Market closed
-1.39%
Market Cap 26.98B
Revenue (ttm) 16.34B
Net Income (ttm) 1.20B
Shares Out 384.68M
EPS (ttm) 3.11
PE Ratio 22.55
Forward PE 14.07
Dividend $3.12 (4.45%)
Ex-Dividend Date Mar 27, 2024
Volume 2,412,293
Open 71.16
Previous Close 71.13
Day's Range 70.00 - 71.53
52-Week Range 58.82 - 74.92
Beta 0.97
Analysts Buy
Price Target 72.70 (+3.65%)
Earnings Date Apr 30, 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, EIX'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 11 analysts, the average rating for EIX stock is "Buy." The 12-month stock price forecast is $72.7, which is an increase of 3.65% from the latest price.

Price Target
$72.7
(3.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Southern California Edison Declares Dividends

ROSEMEAD, Calif.--(BUSINESS WIRE)--The board of directors of Southern California Edison today declared the following dividends: A quarterly dividend on the Series G preference stock, which would resul...

1 day ago - Business Wire

Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate Goals

CEC, CPUC, CAISO, PG&E, SCE and UC Berkeley Apply for $2 Billion DOE Grant to Increase Grid Capacity and Renewable Energy While Lowering Costs for Customers OAKLAND, Calif. and ROSEMEAD, Calif.

Other symbols: PCG
8 days ago - PRNewsWire

Edison International Celebrates Its 2024 Edison Scholars

ROSEMEAD, Calif.--(BUSINESS WIRE)--After being named Edison International's 2024 Edison Scholars, 30 high school seniors are a step closer to realizing their dreams. The new class of Edison Scholars h...

15 days ago - Business Wire

Advisory for Tuesday, April 30: Edison International to Hold Conference Call on First Quarter 2024 Financial Results

--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: First 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...

24 days ago - Business Wire

Why Edison International Is A Top 10 Utility Dividend Stock

Edison International has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utilities,...

4 weeks ago - Forbes

Want an Exciting Career? Edison International Accepting Applications for Lineworker Scholarship Program Designed to Strengthen a Diverse Workforce

ROSEMEAD, Calif.--(BUSINESS WIRE)--Applications for scholarships up to $25,000 are now being accepted for the 2024 Edison International Lineworker Scholarship Program. Funded by Edison International s...

7 weeks 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, to be paid on April 30, 2024, to shar...

2 months ago - Business Wire

Edison International Reports Fourth-Quarter and Full-Year 2023 Results

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported fourth-quarter net income of $378 million, or $0.99 per share, compared to net income of $415 million, or $1.09 per s...

2 months ago - Business Wire

Advisory for Thursday, Feb. 22, 2024: Edison International to Hold Conference Call on Fourth Quarter and Full Year 2023 Financial Results

--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: Fourth Quarter and Full Year 2023 Financial Results WHEN: Thursday, Feb. 22, 2024, 1:30-2:30 p.m. (PST) NUMBERS: 1-888-673-9780 — for callers...

3 months ago - Business Wire

Edison International Raises Common Stock Dividend 5.8%; 20th Consecutive Annual Increase

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Jan. 31, 2024, to shareholders of record on Dec. 29,...

4 months ago - Business Wire

Edison International Announces Expiration and Results of Tender Offers for Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today announced the expiration and results for its previously announced cash tender offers to purchase its outstanding 5.00% Fixed-R...

5 months ago - Business Wire

Edison International Announces Waiver of Minimum Tender Condition and Extension of Tender Offers for Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today announced the waiver of the Minimum Tender Condition (as defined below) and the extension of the expiration date from November...

6 months ago - Business Wire

Edison International Reports Third Quarter 2023 Results

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported third-quarter net income of $155 million, or $0.40 per share, compared to net loss of $128 million, or ($0.33) per sh...

6 months ago - Business Wire

Edison International Commences Tender Offers to Purchase Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.

ROSEMEAD, Calif.--(BUSINESS WIRE)--  Edison International Commences Tender Offers to Purchase Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumu...

7 months ago - Business Wire

Advisory for Wednesday, Nov. 1: Edison International to Hold Conference Call on Third Quarter 2023 Financial Results

--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: Third Quarter 2023 Financial Results WHEN: Wednesday, Nov. 1, 1:30-2:30 p.m. (PDT) NUMBERS: 1-888-673-9780 — for callers in the U.S. 1-312-47...

7 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 a quarterly common stock dividend of $0.7375 per share, payable on Oct. 31, 2023, to shareh...

8 months ago - Business Wire

3 Dividend Stocks for August 2023

A look at dividend prospects of three firms with wide or narrow Morningstar Economic Moat Ratings.

Other symbols: CMEPG
9 months ago - Morningstar

Edison International beats profit estimates on higher electricity rates

Utility firm Edison International on Thursday beat Wall Street estimates for second-quarter profit as higher electricity prices helped the company cushion a rise in borrowing costs.

9 months ago - Reuters

Edison International Reports Second Quarter 2023 Results

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported second-quarter net income of $354 million, or $0.92 per share, compared to net income of $241 million, or $0.63 per s...

9 months ago - Business Wire

Advisory for Thursday, July 27, 2023: Edison International to Hold Conference Call on Second Quarter 2023 Financial Results

--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: Second Quarter 2023 Financial Results WHEN: Thursday, July 27, 2023, 1:30 – 2:30 p.m. (Pacific Time) NUMBERS: 1-888-673-9780 – for callers in...

10 months ago - Business Wire

Edison International CEO: Tree trimming and rewiring are reducing catastrophic fire risk

Pedro Pizarro, CEO and President of Edison International, joins 'The Exchange' to discuss public utilities under pressure from Texas' heat waves, adapting the energy grid to mitigate the impacts of cl...

10 months ago - CNBC Television

Edison International, Southern California Edison Declare Q2 Dividends

ROSEMEAD, Calif.--(BUSINESS WIRE)--The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.7375 per share, payable on July 31, 2023, to shareh...

11 months ago - Business Wire

Edison International Announces Lineworker Scholarship Winners

ROSEMEAD, Calif.--(BUSINESS WIRE)--Twelve aspiring lineworkers will be awarded up to $25,000 each to pursue a chance to become a Southern California Edison lineworker. This is part of the 2023 Edison ...

11 months ago - Business Wire

Mizuho: Utilities have underperformed this year, but earnings look promising

Anthony Crowdell, Mizuho Research Analyst, discusses the utilities sector following the Fed's latest rate decision.

Other symbols: AEECEGCMSDDTEIDANEP
11 months ago - CNBC Television

These 4 Dividends Are Flexing Their Relative Muscles

A select group of income heroes are displaying notable “relative strength” right now.

Other symbols: CCOIMDCWEN
1 year ago - Forbes