Edison International (NYSE:EIX) Issues Earnings Results

Edison International (NYSE:EIX) announced its quarterly earnings data on Thursday. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.03), Zacks reports. The business had revenue of $17.60 billion for the quarter, compared to analysts’ expectations of $3.92 billion. Edison International had a net margin of 8.52% and a return on equity of 13.17%. Edison International updated its FY 2025 guidance to 5.940-6.340 EPS.

Edison International Price Performance

Shares of EIX stock opened at $51.43 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 1.96. The company has a market capitalization of $19.91 billion, a P/E ratio of 15.08, a P/E/G ratio of 1.07 and a beta of 0.90. Edison International has a 12 month low of $49.06 and a 12 month high of $88.77. The stock has a 50 day moving average of $61.88 and a two-hundred day moving average of $76.70.

Edison International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, April 7th will be given a $0.8275 dividend. This represents a $3.31 annualized dividend and a yield of 6.44%. Edison International’s dividend payout ratio is 97.07%.

Analyst Ratings Changes

EIX has been the topic of a number of recent research reports. Morgan Stanley cut their price target on shares of Edison International from $71.00 to $48.00 and set an “underweight” rating on the stock in a research note on Friday, February 14th. LADENBURG THALM/SH SH upgraded Edison International from a “sell” rating to a “neutral” rating and set a $56.50 price objective for the company in a research note on Wednesday, January 15th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $72.00 target price on shares of Edison International in a report on Wednesday, February 12th. Barclays decreased their target price on Edison International from $76.00 to $67.00 and set an “overweight” rating on the stock in a research report on Thursday, January 23rd. Finally, Jefferies Financial Group began coverage on Edison International in a research report on Thursday, November 7th. They issued a “buy” rating and a $93.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $80.11.

Edison International Company Profile

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.