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Barclays Trims Edison International (EIX) Target to $67, Reaffirms Overweight
Yahoo Finance· 2026-02-11 15:02
Company Overview - Edison International (NYSE:EIX) is an electric utility holding company focused on delivering clean, reliable energy and related services through its operating businesses, including Southern California Edison and Trio [4]. Analyst Ratings and Price Targets - On January 22, Barclays reduced its price target on Edison International to $67 from $68 but maintained an Overweight rating on the stock, reflecting a broader reset in the power and utilities sector ahead of Q4 earnings [2]. - On January 21, Morgan Stanley increased its price target on Edison International to $61 from $57 while keeping an Underweight rating, noting that utility stocks lagged the S&P 500 in December [3].
JPMorgan Revises Edison International (EIX) Assumptions Heading Into Earnings
Yahoo Finance· 2026-01-30 22:18
Company Overview - Edison International (NYSE:EIX) is one of the largest electric utility holding companies in the US, primarily operating through Southern California Edison, a major regulated electric utility [5][3] - The company focuses on delivering clean, reliable energy and related services through its operating subsidiaries [5] Financial Performance and Outlook - JPMorgan analyst Aidan Kelly raised the price target for Edison International to $66 from $65, maintaining a Neutral rating ahead of the company's Q4 earnings report [2] - Edison International has an authorized return on equity of 10.33%, one of the highest in the industry, which supports its investment model based on CPUC-approved rate base rather than electricity usage changes [3] - Management projects a 5% to 7% growth in earnings per share (EPS), supported by ongoing capital deployment driven by a strong commercial economy and rising electrification in California [4] Investment Considerations - Edison International is included among 14 High Yield Dividend Stocks with Sustainable Payouts, indicating its potential as a stable investment option [1] - The company benefits from long-term visibility due to multi-year general rate cases that facilitate spending on grid upgrades, wildfire mitigation, and clean energy infrastructure [3]
Edison International (EIX) in Focus as Morgan Stanley Refreshes its Utilities Outlook
Yahoo Finance· 2026-01-25 19:32
Core Viewpoint - Edison International is recognized as a Dividend Contender, highlighting its consistent dividend growth and financial stability [1]. Group 1: Dividend Information - Edison International declared a quarterly common stock dividend of $0.8775 per share, payable on January 31, 2026, to shareholders of record on January 7, 2026, raising the annual dividend to $3.51 per share, which is a 6% increase from the previous annual rate of $3.31 [3]. - The increase in the dividend reflects the board's and management's confidence in the company's financial position and outlook, marking the company's 22nd consecutive year of dividend growth [4]. Group 2: Market Position and Analyst Outlook - Morgan Stanley raised its price target on Edison International to $61 from $57 while maintaining an Underweight rating, indicating a cautious outlook amidst a broader refresh of the utilities sector [2]. - Edison International is one of the largest electric utility holding companies in the U.S., focusing on delivering clean, reliable energy and related services through its operating subsidiaries [5].