Zacks Research Issues Optimistic Estimate for EIX Earnings

Edison International (NYSE:EIXFree Report) – Stock analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for shares of Edison International in a note issued to investors on Monday, July 28th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $1.24 per share for the quarter, up from their prior forecast of $1.14. The consensus estimate for Edison International’s current full-year earnings is $4.95 per share. Zacks Research also issued estimates for Edison International’s Q3 2026 earnings at $1.87 EPS, Q4 2026 earnings at $1.60 EPS and Q1 2027 earnings at $1.47 EPS.

Edison International (NYSE:EIXGet Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The utilities provider reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.16. The firm had revenue of $3.81 billion for the quarter, compared to analysts’ expectations of $4.29 billion. Edison International had a return on equity of 13.21% and a net margin of 16.84%. The business’s quarterly revenue was down 6.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.13 EPS.

Several other analysts also recently issued reports on EIX. Evercore ISI reissued an “outperform” rating on shares of Edison International in a research note on Thursday, May 15th. Morgan Stanley decreased their target price on Edison International from $52.00 to $51.00 and set an “underweight” rating on the stock in a research note on Wednesday, June 18th. Wolfe Research downgraded Edison International from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 9th. JPMorgan Chase & Co. decreased their target price on Edison International from $75.00 to $71.00 and set a “neutral” rating on the stock in a research note on Monday, May 19th. Finally, Barclays lifted their target price on Edison International from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.35.

Read Our Latest Analysis on Edison International

Edison International Stock Down 1.2%

Shares of EIX opened at $51.80 on Tuesday. The business’s 50 day moving average is $52.07 and its 200 day moving average is $54.60. The company has a market capitalization of $19.93 billion, a PE ratio of 7.35, a price-to-earnings-growth ratio of 1.23 and a beta of 0.75. Edison International has a 12-month low of $47.73 and a 12-month high of $88.77. The company has a current ratio of 0.96, a quick ratio of 0.89 and a debt-to-equity ratio of 2.06.

Institutional Trading of Edison International

A number of large investors have recently added to or reduced their stakes in the company. Rakuten Securities Inc. boosted its holdings in shares of Edison International by 4,633.3% in the 1st quarter. Rakuten Securities Inc. now owns 426 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 417 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Edison International in the 1st quarter worth approximately $25,000. Investment Management Corp VA ADV boosted its holdings in shares of Edison International by 159.6% in the 1st quarter. Investment Management Corp VA ADV now owns 431 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 265 shares during the period. Kentucky Trust Co boosted its holdings in shares of Edison International by 66.7% in the 2nd quarter. Kentucky Trust Co now owns 500 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 200 shares during the period. Finally, American National Bank & Trust purchased a new position in shares of Edison International in the 2nd quarter worth approximately $32,000. Institutional investors own 88.95% of the company’s stock.

Edison International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, July 7th will be paid a $0.8275 dividend. This represents a $3.31 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date of this dividend is Monday, July 7th. Edison International’s payout ratio is 46.95%.

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.

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

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