Zacks Research Issues Optimistic Outlook for EIX Earnings

Edison International (NYSE:EIXFree Report) – Research analysts at Zacks Research raised their Q1 2025 earnings per share estimates for shares of Edison International in a research note issued to investors on Thursday, January 9th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $1.36 for the quarter, up from their previous estimate of $1.34. The consensus estimate for Edison International’s current full-year earnings is $4.94 per share. Zacks Research also issued estimates for Edison International’s Q2 2025 earnings at $1.42 EPS, FY2025 earnings at $5.75 EPS, Q2 2026 earnings at $1.44 EPS, Q3 2026 earnings at $1.78 EPS and FY2026 earnings at $6.06 EPS.

Edison International (NYSE:EIXGet Free Report) last announced its earnings results on Tuesday, October 29th. The utilities provider reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.13. Edison International had a net margin of 8.52% and a return on equity of 13.17%. The company had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.01 billion. During the same quarter in the previous year, the business posted $1.38 earnings per share. Edison International’s quarterly revenue was up 10.6% on a year-over-year basis.

Several other brokerages have also recently issued reports on EIX. Wells Fargo & Company boosted their price target on Edison International from $87.00 to $94.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Royal Bank of Canada increased their target price on Edison International from $94.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, October 4th. UBS Group dropped their price target on Edison International from $96.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, December 19th. Barclays reduced their price objective on shares of Edison International from $84.00 to $76.00 and set an “overweight” rating on the stock in a research note on Monday. Finally, Jefferies Financial Group began coverage on shares of Edison International in a research report on Thursday, November 7th. They issued a “buy” rating and a $93.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $87.33.

Read Our Latest Stock Analysis on Edison International

Edison International Stock Performance

NYSE EIX opened at $58.51 on Monday. Edison International has a 12-month low of $55.27 and a 12-month high of $88.77. The firm has a 50-day moving average price of $80.71 and a two-hundred day moving average price of $81.62. The company has a market capitalization of $22.65 billion, a P/E ratio of 17.16, a P/E/G ratio of 1.96 and a beta of 0.93. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 1.96.

Edison International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, January 7th will be issued a dividend of $0.8275 per share. The ex-dividend date is Tuesday, January 7th. This is an increase from Edison International’s previous quarterly dividend of $0.78. This represents a $3.31 annualized dividend and a dividend yield of 5.66%. Edison International’s dividend payout ratio is 97.07%.

Insider Activity

In related news, VP Adam S. Umanoff sold 25,619 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $83.05, for a total value of $2,127,657.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.03% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Edison International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CHURCHILL MANAGEMENT Corp raised its position in Edison International by 6.6% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 80,908 shares of the utilities provider’s stock worth $6,460,000 after purchasing an additional 5,011 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Edison International by 10.8% during the 4th quarter. Park Avenue Securities LLC now owns 3,004 shares of the utilities provider’s stock worth $240,000 after buying an additional 294 shares during the period. Assenagon Asset Management S.A. increased its stake in Edison International by 119.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 30,014 shares of the utilities provider’s stock valued at $2,396,000 after purchasing an additional 16,362 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in Edison International by 36.8% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 10,255 shares of the utilities provider’s stock valued at $819,000 after purchasing an additional 2,761 shares in the last quarter. Finally, Oak Thistle LLC raised its holdings in shares of Edison International by 45.2% during the fourth quarter. Oak Thistle LLC now owns 19,358 shares of the utilities provider’s stock valued at $1,546,000 after purchasing an additional 6,023 shares during the period. 88.95% of the stock is currently owned by institutional investors and hedge funds.

Edison International Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Edison International (NYSE:EIX)

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