Edison International (NYSE:EIX) Updates FY 2026 Earnings Guidance

Edison International (NYSE:EIX) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 5.900-6.200 for the period, compared to the consensus estimate of 6.140. The company issued revenue guidance of -. Edison International also updated its FY 2027 guidance to 6.250-6.650 EPS.

Analyst Ratings Changes

A number of equities analysts recently commented on EIX shares. JPMorgan Chase & Co. lifted their price objective on Edison International from $65.00 to $66.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Jefferies Financial Group cut their price target on shares of Edison International from $59.00 to $54.00 and set a “hold” rating for the company in a report on Wednesday, January 28th. Morgan Stanley reiterated an “underweight” rating on shares of Edison International in a research report on Wednesday, January 21st. Barclays raised their target price on Edison International from $67.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Mizuho set a $79.00 price target on Edison International in a research note on Thursday. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $66.50.

Edison International Stock Performance

Shares of Edison International stock opened at $72.76 on Friday. The stock has a market capitalization of $28.00 billion, a price-to-earnings ratio of 6.29, a price-to-earnings-growth ratio of 1.03 and a beta of 0.82. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.82 and a quick ratio of 0.76. The business has a 50-day moving average of $62.29 and a 200 day moving average of $58.27. Edison International has a 12 month low of $47.73 and a 12 month high of $73.21.

Edison International (NYSE:EIX) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.40. Edison International had a net margin of 24.34% and a return on equity of 15.17%. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $4.29 billion. During the same quarter in the prior year, the company earned $1.05 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS and its FY 2027 guidance at 6.250-6.650 EPS. As a group, sell-side analysts forecast that Edison International will post 4.95 earnings per share for the current year.

Edison International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th will be given a $0.8775 dividend. This represents a $3.51 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, April 7th. Edison International’s dividend payout ratio (DPR) is currently 45.88%.

Institutional Trading of Edison International

Hedge funds have recently modified their holdings of the stock. Transamerica Financial Advisors LLC grew its stake in Edison International by 170.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 281 shares in the last quarter. DV Equities LLC purchased a new position in shares of Edison International in the 4th quarter valued at about $52,000. McMillan Office Inc. acquired a new position in shares of Edison International during the fourth quarter worth about $55,000. Zions Bancorporation National Association UT grew its position in shares of Edison International by 1,000.0% during the fourth quarter. Zions Bancorporation National Association UT now owns 935 shares of the utilities provider’s stock worth $56,000 after buying an additional 850 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Edison International during the second quarter worth approximately $59,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.

About Edison International

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE’s integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company’s operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company’s activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.