Edison International (EIX)
- Previous Close
72.34 - Open
72.60 - Bid 72.90 x 1000
- Ask 73.27 x 800
- Day's Range
72.14 - 73.04 - 52 Week Range
58.82 - 74.40 - Volume
1,251,770 - Avg. Volume
1,921,525 - Market Cap (intraday)
28.095B - Beta (5Y Monthly) 0.97
- PE Ratio (TTM)
31.89 - EPS (TTM)
2.29 - Earnings Date Jul 25, 2024 - Jul 29, 2024
- Forward Dividend & Yield 3.12 (4.31%)
- Ex-Dividend Date Mar 27, 2024
- 1y Target Est
75.82
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. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 distribution substations. The company was founded in 1886 and is based in Rosemead, California.
www.edison.com13,003
Full Time Employees
December 31
Fiscal Year Ends
Sector
Utilities - Regulated Electric
Industry
Recent News: EIX
Performance Overview: EIX
Trailing total returns as of 5/6/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: EIX
Valuation Measures
Market Cap
28.09B
Enterprise Value
65.41B
Trailing P/E
32.17
Forward P/E
14.88
PEG Ratio (5yr expected)
0.79
Price/Sales (ttm)
1.71
Price/Book (mrq)
2.08
Enterprise Value/Revenue
3.98
Enterprise Value/EBITDA
11.84
Financial Highlights
Profitability and Income Statement
Profit Margin
5.32%
Return on Assets (ttm)
2.87%
Return on Equity (ttm)
4.98%
Revenue (ttm)
16.45B
Net Income Avi to Common (ttm)
876M
Diluted EPS (ttm)
2.29
Balance Sheet and Cash Flow
Total Cash (mrq)
992M
Total Debt/Equity (mrq)
208.08%
Levered Free Cash Flow (ttm)
-1.15B
Research Analysis: EIX
Company Insights: EIX
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Research Reports: EIX
Analyst Report: Edison International
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
RatingPrice TargetAnalyst Report: Edison International
Edison International is an electricity generation, distribution, and wholesale utility in Southern California. About 20% of sales are from owned generation. EIX is a leader in renewable energy and does not use coal in its fuel mix (which includes natural gas 25%; wind, 10%; solar, 18%; hydro, 5%; and Geothermal 6%). It has two subsidiaries: Southern California Edison (SCE), an electric utility serving 15 million people in Southern California (excluding San Diego and Los Angeles), and Edison Energy, an energy and sustainability advisory company that provides data to commercial and industrial users. SCE has about five million customer accounts in Central and Coastal Southern California. Its service area is about 50,000 square miles and the subsidiary typically accounts for about 99% of overall revenue. Edison has had litigation issues. It recently settled a range of claims, including $52 million for discrepancies in the distribution of energy-efficient lightbulbs, $1.16 billion in subrogation claims for a 2017 wildfire, and $2.2 billion in damages from the Wolsey Fire. The company is headquartered in Rosemead, California, and is a component of the S&P 500. EIX's market cap is $26.6 billion.
RatingPrice TargetMarket Update: EIX, OXY
U.S. stocks were higher on Tuesday morning following the release of hotter-than-expected inflation data In February, headline CPI-U rose 0.4%, matching expectations and up from 0.3% last month. This brings the annual inflation rate to 3.2%, up from 3.1% last month. Core CPI rose 0.4%, matching the prior month but ahead of expectations for the second straight month, bringing annual core-CPI to 3.8%, down from 3.9% last month. Over 60% of the monthly increase for headline CPI was from the shelter and energy components. Investors still expect the first rate cut will be in June. The Dow rose 0.7%, the S&P 500 was up 1.0%, and the Nasdaq gained 1.4%. Crude oil traded above $78 per barrel, while gold fell $22 to $2167 per ounce.
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