Edison International (EIX)
| Market Cap | 27.42B |
| Revenue (ttm) | 16.65B |
| Net Income (ttm) | 1.23B |
| Shares Out | 383.57M |
| EPS (ttm) | 3.21 |
| PE Ratio | 22.27 |
| Forward PE | 14.63 |
| Dividend | $3.12 (4.36%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 1,413,972 |
| Open | 71.51 |
| Previous Close | 71.60 |
| Day's Range | 71.01 - 71.58 |
| 52-Week Range | 58.82 - 74.92 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 70.20 (-1.8%) |
| Earnings Date | Feb 22, 2024 |
About EIX
Edison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company's transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; a... [Read more]
Financial Performance
In 2022, EIX's revenue was $17.22 billion, an increase of 15.53% compared to the previous year's $14.91 billion. Earnings were $612.00 million, a decrease of -19.37%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for EIX stock is "Buy." The 12-month stock price forecast is $70.2, which is a decrease of -1.80% from the latest price.
News
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,...
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...
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...
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...
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...
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...
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...
3 Dividend Stocks for August 2023
A look at dividend prospects of three firms with wide or narrow Morningstar Economic Moat Ratings.
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.
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...
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...
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...
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...
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 ...
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.
These 4 Dividends Are Flexing Their Relative Muscles
A select group of income heroes are displaying notable “relative strength” right now.
Active ETF Flows Strong in 2023 — Why?
With $28 billion of net inflows in the first four months of 2023, according to VettaFi LOGICLY data, active ETF investments continue to gain traction with advisors and end clients. Two of the firms be...
Edison International Reports First Quarter 2023 Results
ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported first-quarter net income of $310 million, or $0.81 per share, compared to net income of $84 million, or $0.22 per sha...
Edison International Presents 30 High School Seniors With $50,000 Scholarships to Pursue STEM
ROSEMEAD, Calif.--(BUSINESS WIRE)--Thirty high school seniors in Southern California Edison's service area have been named 2023 Edison Scholars and will be awarded a total of $1.5 million in scholarsh...
Advisory for Tuesday, May 2, 2023: Edison International to Hold Conference Call on First Quarter 2023 Financial Results
--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: First Quarter 2023 Financial Results WHEN: Tuesday, May 2, 2023, 1:30 – 2:30 p.m. (Pacific Time) NUMBERS: 1-888-673-9780 – for callers ...
Edison International Announces Pricing of $500 Million of 8.125% Fixed-to-Fixed Reset Rate Junior Subordinated Notes
ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) yesterday announced the pricing of $500 million aggregate principal amount of 8.125% Fixed-to-Fixed Reset Rate Junior Subordinated N...
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 $0.7375 per share, to be paid on April 30, 2023, to sh...
Edison International Reports Fourth Quarter and Full-Year 2022 Results
ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported fourth quarter 2022 net income of $415 million, or $1.09 per share, compared to net income of $523 million, or $1.38 ...
Advisory for Thursday, February 23, 2023: Edison International to Hold Conference Call on Fourth Quarter and Full-Year 2022 Financial Results
--(BUSINESS WIRE)--Edison International (NYSE: EIX):
Southern California Edison Issues Catalina Island Clean Energy All-Source Request for Offers
ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison launched the 2022 Catalina Island Clean Energy All-Source Request for Offers (RFO) to solicit bids from interested parties, including pr...