Workflow
Edison International(EIX)
icon
Search documents
Edison International (EIX) Faces Wildfire Challenges but Retains Long-Term Appeal
Yahoo Finance· 2025-10-17 05:07
Edison International (NYSE:EIX) is included among the 10 Best Beaten Down Dividend Stocks to Buy Right Now. Edison International (EIX) Faces Wildfire Challenges but Retains Long-Term Appeal Image by Steve Buissinne from Pixabay Edison International (NYSE:EIX) is among the beaten-down dividend stocks to invest in. The stock has declined by over 29% since the start of 2025. Edison International (NYSE:EIX), bas⁠ed in California,​ operates as an energy holding company that provid⁠es clean and reliable⁠ ele ...
10 Best Beaten Down Dividend Stocks to Buy Right Now
Insider Monkey· 2025-10-17 04:52
Core Insights - The article discusses the performance of dividend-paying stocks, highlighting that the S&P 500 Dividend Aristocrats Index has gained just over 2.5% since the start of 2025, significantly lagging behind the broader market's nearly 13% gain [1]. Dividend Growth and Market Conditions - Dividend growth has been slow in Q3 2025 due to uncertainty surrounding tariff policies, which has made companies cautious about future cash commitments [2]. - While most firms continued to raise dividends, the increases were smaller than usual, and some companies that do not follow a fixed schedule have delayed their dividend actions [2][3]. Economic Factors Impacting Dividends - Companies may increase their payouts as tariff and policy clarity improves, but they still require more legislative and executive assurances for long-term dividend commitments [3]. - Current tax benefits from the 'One Big Beautiful Bill' have positively impacted corporate earnings, but long-term confidence for larger dividend commitments remains uncertain [3]. Methodology for Stock Selection - The article outlines a methodology for identifying beaten-down dividend stocks, focusing on those with year-to-date share price declines of over 25% as of October 16, 2025 [5]. Company-Specific Insights Edison International (NYSE:EIX) - Edison International has experienced a year-to-date share price drop of 29.11% due to challenges such as wildfires in California and increased operating costs [8][9]. - Despite reporting lower second-quarter earnings and ongoing investigations related to wildfires, analysts remain cautiously optimistic, with TD Cowen initiating coverage with a Buy rating and a price target of $71.00, suggesting a potential upside of about 25% [11]. - The company has a strong dividend history, having increased its dividend for 21 consecutive years, currently offering a quarterly dividend of $0.8275 per share and a dividend yield of 5.84% [12]. Bath & Body Works, Inc. (NYSE:BBWI) - Bath & Body Works has seen a year-to-date share price decline of 31.39%, with concerns raised about its reliance on promotional activities and mixed results from new product launches [13][15]. - Jefferies has lowered its price target for BBWI from $32.00 to $28.50 while maintaining a Hold rating, indicating limited short-term growth expectations due to ongoing dependence on promotions [14][16]. - The company has been a consistent dividend payer since initiating its dividend policy in 2021, currently offering a quarterly dividend of $0.20 per share and a dividend yield of 3.08% [17].
EDISON INVESTIGATION REMINDER: Bragar Eagel & Squire, P.C. Continues Investigation into Edison International on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-16 21:19
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Edison International (NYSE: EIX) following a class action complaint alleging breaches of fiduciary duties by the company's board of directors during the class period from February 25, 2021, to February 6, 2025 [1][2]. Summary by Sections Allegations - The complaint claims that Edison made false and misleading statements regarding its Public Safety Power Shutoffs (PSPS) program, asserting that it was used to mitigate wildfire risks, which was allegedly untrue [2]. - It is alleged that this misrepresentation heightened fire risks in California and increased legal exposure for Edison [2]. - The lawsuit contends that the statements made by Edison about its business operations and prospects were materially false and lacked a reasonable basis [2]. Next Steps for Investors - Long-term stockholders of Edison who have information or questions regarding the claims are encouraged to contact Bragar Eagel & Squire for further discussion [3]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation across state and federal courts [4].
Venture Global Sinks After Losing to BP in Fight Over LNG Sales
MINT· 2025-10-10 16:04
Core Viewpoint - Venture Global Inc. experienced a significant decline in share price after losing an arbitration dispute with BP Plc regarding LNG sales, raising concerns about potential financial liabilities and ongoing customer disputes [1][2]. Group 1: Arbitration Dispute and Financial Impact - The stock price of Venture Global fell by as much as 23%, marking the largest drop in seven months, following a ruling that the company breached its contract with BP by selling LNG on the spot market instead of to long-term customers [2]. - BP is pursuing over $1 billion in damages, and unresolved claims could exceed $5 billion, indicating a broader risk of adverse rulings for Venture Global [2][3]. - The arbitration decision comes shortly after Venture Global won a similar case against Shell Plc, highlighting the unpredictability of arbitration outcomes based on contract wording and the arbiter involved [3][4]. Group 2: Operational Context and Future Prospects - Venture Global's Calcasieu Pass plant began exports in 2022, but customers allege that the company sold cargoes on the spot market during a period of high prices instead of fulfilling contracted obligations [5]. - The company has signed new contracts this year with various customers, including Germany's SEFE Energy GmbH and Malaysia's Petroliam Nasional Bhd, as it continues to develop its third plant, CP2 [6]. - Despite the ongoing disputes, current contract terms are considered favorable by customers, who are not inclined to terminate their agreements [7]. Group 3: Market Performance and IPO Challenges - The uncertainty stemming from arbitration cases negatively impacted Venture Global's initial public offering in January, which was the worst-performing major energy market debut in three decades, with shares falling 39% in the first month [8]. - Year-to-date, Venture Global shares have declined nearly 60%, reflecting ongoing market challenges and investor concerns [8].
EIX or NEE: Which Is the Better Value Stock Right Now?
ZACKS· 2025-10-08 16:41
Core Viewpoint - Investors are evaluating the value opportunities between Edison International (EIX) and NextEra Energy (NEE) in the Utility - Electric Power sector [1] Valuation Metrics - Edison International has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while NextEra Energy has a Zacks Rank of 3 (Hold) [3] - EIX has a forward P/E ratio of 8.82, significantly lower than NEE's forward P/E of 22.62, suggesting EIX may be undervalued [5] - The PEG ratio for EIX is 1.26, compared to NEE's PEG ratio of 2.87, indicating EIX's earnings growth is more favorable relative to its valuation [5] - EIX's P/B ratio is 1.2, while NEE's P/B ratio is 2.81, further supporting EIX's stronger valuation metrics [6] - EIX has a Value grade of A, whereas NEE has a Value grade of D, highlighting EIX's superior valuation profile [6] Earnings Outlook - EIX is experiencing an improving earnings outlook, which enhances its attractiveness in the current market [7]
Wall Street's Most Accurate Analysts Weigh In On 3 Utilities Stocks With Over 4% Dividend Yields
Benzinga· 2025-10-08 12:16
Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Company Summaries Edison International (NYSE:EIX) - Dividend Yield: 6.17% - Jefferies analyst Julien Dumoulin-Smith downgraded the stock from Buy to Hold, reducing the price target from $70 to $57 on Oct. 2, 2025, with an accuracy rate of 67% [7] - Morgan Stanley analyst David Arcaro maintained an Underweight rating and lowered the price target from $61 to $60 on Sept. 25, 2025, with an accuracy rate of 71% [7] - Recent News: A quarterly common stock dividend of $0.8275 per share was declared on Sept. 22 [7] AES Corp (NYSE:AES) - Dividend Yield: 4.89% - Evercore ISI Group analyst Nicholas Amicucci initiated coverage with an In-Line rating and a price target of $15 on Oct. 7, 2025, with an accuracy rate of 74% [7] - Barclays analyst Nicholas Campanella maintained an Overweight rating and raised the price target from $12 to $14 on July 22, 2025, with an accuracy rate of 69% [7] - Recent News: AES will host a conference call on Nov. 5 to review its third quarter financial results [7] NorthWestern Energy Group Inc (NYSE:NWE) - Dividend Yield: 4.48% - Ladenburg Thalmann analyst Paul Fremont downgraded the stock from Buy to Neutral, cutting the price target from $57.5 to $56 on June 2, 2025, with an accuracy rate of 62% [7] - Barclays analyst Eric Beaumont maintained an Overweight rating and increased the price target from $56 to $59 on April 22, 2025, with an accuracy rate of 71% [7] - Recent News: NorthWestern Energy announced an investor webinar on Oct. 30 to review its financial results for the quarter ending Sept. 30 [7]
US Sues Southern California Edison Over 2019 Wildfire
Insurance Journal· 2025-10-08 05:00
The U.S. government sued Southern California Edison to help restore National Forest System lands burned in the Saddleridge wildfire near Los Angeles in 2019.Tuesday’s lawsuit seeks damages for fire suppression costs and rehabilitation stemming from the Edison International-owned utility’s alleged negligence, trespass by fire and violations of California public safety laws. Related: Edison to Open LA Fire Compensation Applications by ThanksgivingSouthern California Edison spokesperson Gabriela Ornelas said i ...
California Strikes Back: New Law Curbs Hedge Fund Wildfire Claim Speculation
Stock Market News· 2025-10-05 16:38
Key TakeawaysCalifornia has enacted new legislation aimed at stifling hedge fund speculation on wildfire insurance subrogation claims, dealing a significant legal blow to investors in this niche market.The California Earthquake Authority (CEA), administrator of the California Wildfire Fund, has vehemently criticized these transactions as "opportunistic, profit-driven investment speculation" and is actively working to block potential payouts to investors.The state's intervention has already impacted the mark ...
Trump’s $7.6 Billion Energy Cuts Hit California Grid Upgrade
Insurance Journal· 2025-10-02 15:29
Core Points - The Trump administration plans to cancel billions in funding for energy projects, including a significant initiative to upgrade electric transmission lines in California [1][4] - A federal grant of $600 million awarded to a consortium for the upgrade of 100 miles of transmission lines will be cut, impacting access to clean energy [2][4] - The Department of Energy intends to terminate financial awards for 223 projects, resulting in expected savings of approximately $7.6 billion [4][6] Company Impact - Shares of Edison International, which operates Southern California Edison, fell by as much as 2.3% prior to regular trading in New York following the announcement [3] - The California Energy Commission, Southern California Edison, and PG&E Corporation have not yet commented on the funding cuts [3] Funding Details - Over $3.1 billion of the canceled funding was awarded between Election Day and Inauguration Day, with the cuts following a review of projects funded under the previous administration [6] - The funding eliminations also include grants for grid improvements and carbon capture demonstration projects, with some projects previously announced in May [5][6] Broader Context - The Biden administration had previously announced up to $2.2 billion for hydrogen hubs to promote clean energy development, which are now at risk due to the funding cuts [7] - The funding cuts for green projects in Democratic-leaning states are part of a broader strategy by the Trump administration to pressure Democrats amid the ongoing government shutdown [8]
Edison sinks as Trump administration cancels planned California grid upgrade grant (EIX:NYSE)
Seeking Alpha· 2025-10-02 14:35
Edison International (NYSE:EIX) -4% in early trading Thursday as Southern California Edison's $600 million federal grant awarded last year to upgrade 100 miles of electric transmission lines will have its funding cut. The grid upgrade is one of 223 climate-related ...