Edison International (NYSE:EIX) Given Average Recommendation of “Hold” by Analysts

Shares of Edison International (NYSE:EIX) have been given a consensus recommendation of “Hold” by the twelve research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $69.4444.

A number of analysts recently weighed in on EIX shares. Zacks Research cut shares of Edison International from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. Mizuho set a $79.00 target price on shares of Edison International in a research note on Thursday, February 19th. UBS Group cut shares of Edison International from a “buy” rating to a “neutral” rating and upped their target price for the stock from $70.00 to $78.00 in a research report on Friday, February 13th. Barclays raised their price target on shares of Edison International from $67.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, Jefferies Financial Group cut their price target on Edison International from $59.00 to $54.00 and set a “hold” rating on the stock in a report on Wednesday, January 28th.

Edison International Price Performance

Shares of EIX opened at $71.24 on Friday. The company has a market cap of $27.42 billion, a P/E ratio of 6.16, a PEG ratio of 1.14 and a beta of 0.79. The stock has a fifty day moving average price of $68.14 and a 200 day moving average price of $61.12. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.68. Edison International has a 12 month low of $47.73 and a 12 month high of $75.50.

Edison International (NYSE:EIX) last posted its earnings results on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.40. Edison International had a return on equity of 14.87% and a net margin of 24.34%.The company had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $4.29 billion. During the same period last year, the business posted $1.05 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS and its FY 2027 guidance at 6.250-6.650 EPS. On average, research analysts forecast that Edison International will post 4.95 earnings per share for the current year.

Edison International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th will be paid a dividend of $0.8775 per share. The ex-dividend date of this dividend is Tuesday, April 7th. This represents a $3.51 annualized dividend and a yield of 4.9%. Edison International’s payout ratio is presently 30.36%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EIX. 10Elms LLP bought a new stake in shares of Edison International during the fourth quarter valued at about $26,000. Transamerica Financial Advisors LLC increased its stake in Edison International by 170.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock valued at $27,000 after buying an additional 281 shares during the period. Activest Wealth Management raised its position in shares of Edison International by 677.8% during the 3rd quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock worth $31,000 after buying an additional 488 shares in the last quarter. CVA Family Office LLC raised its position in shares of Edison International by 113.7% during the 3rd quarter. CVA Family Office LLC now owns 577 shares of the utilities provider’s stock worth $32,000 after buying an additional 307 shares in the last quarter. Finally, Ransom Advisory Ltd lifted its stake in shares of Edison International by 74.9% in the 4th quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 259 shares during the period. Institutional investors own 88.95% of the company’s stock.

About Edison International

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE’s integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company’s operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company’s activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.