Zacks Research Issues Optimistic Estimate for EIX Earnings

Edison International (NYSE:EIX) – Research analysts at Zacks Research upped their Q3 2026 EPS estimates for shares of Edison International in a note issued to investors on Thursday, October 16th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings of $2.27 per share for the quarter, up from their prior forecast of $2.26. The consensus estimate for Edison International’s current full-year earnings is $4.95 per share.

A number of other analysts also recently issued reports on EIX. Barclays boosted their price objective on shares of Edison International from $64.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Morgan Stanley cut their price target on shares of Edison International from $61.00 to $60.00 and set an “underweight” rating for the company in a report on Thursday, September 25th. TD Cowen began coverage on shares of Edison International in a report on Thursday, October 16th. They set a “buy” rating and a $71.00 price target for the company. Cowen began coverage on shares of Edison International in a report on Wednesday, October 15th. They set a “buy” rating for the company. Finally, Jefferies Financial Group downgraded shares of Edison International from a “buy” rating to a “hold” rating and cut their price target for the stock from $70.00 to $57.00 in a report on Thursday, October 2nd. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $65.25.

Edison International Stock Performance

NYSE EIX opened at $57.64 on Monday. The company has a quick ratio of 0.81, a current ratio of 0.87 and a debt-to-equity ratio of 2.03. The company has a market capitalization of $22.18 billion, a P/E ratio of 8.46, a P/E/G ratio of 0.97 and a beta of 0.80. Edison International has a 12-month low of $47.73 and a 12-month high of $88.64. The firm has a 50-day moving average price of $55.25 and a two-hundred day moving average price of $54.35.

Edison International (NYSE:EIX) last posted its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.09. The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.52 billion. Edison International had a net margin of 16.00% and a return on equity of 11.99%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.23 EPS. Edison International has set its FY 2025 guidance at 5.940-6.340 EPS.

Hedge Funds Weigh In On Edison International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barnes Dennig Private Wealth Management LLC bought a new position in Edison International in the 1st quarter valued at approximately $25,000. Investment Management Corp VA ADV lifted its stake in Edison International by 159.6% in the 1st quarter. Investment Management Corp VA ADV now owns 431 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 265 shares during the last quarter. Kentucky Trust Co lifted its stake in Edison International by 66.7% in the 2nd quarter. Kentucky Trust Co now owns 500 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. American National Bank & Trust acquired a new position in Edison International in the 2nd quarter valued at approximately $32,000. Finally, Zions Bancorporation National Association UT acquired a new position in Edison International in the 1st quarter valued at approximately $35,000. Institutional investors own 88.95% of the company’s stock.

Edison International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 7th will be paid a $0.8275 dividend. The ex-dividend date of this dividend is Tuesday, October 7th. This represents a $3.31 annualized dividend and a yield of 5.7%. Edison International’s dividend payout ratio is presently 48.60%.

About Edison International

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.