Edison International (NYSE:EIX) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Edison International (NYSE:EIX)’s share price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $58.36 and traded as high as $59.19. Edison International shares last traded at $58.7780, with a volume of 3,092,987 shares changing hands.

Edison International News Summary

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: Edison reported third-quarter adjusted EPS of $1.92, exceeding consensus estimates of $1.81-$1.83. Management also reaffirmed its 2026 core EPS guidance of $5.90-$6.20 and outlined a $38 billion-$41 billion capital-investment plan. Edison International Q3 Earnings Outpace Estimates, Revenues Miss
• Positive Sentiment: The company maintained its earnings outlook despite regulatory challenges, providing some support for the stock’s longer-term investment case. Edison Reaffirms 2026 Core EPS Guidance
• Neutral Sentiment: Barclays raised its price target from $53 to $58 while retaining an “equal weight” rating, suggesting limited expected upside at recent trading levels. Barclays Edison International Ratings
• Neutral Sentiment: Edison was highlighted among high-yield utility stocks, which may attract income-focused investors, although the article does not introduce a material change to the company’s outlook. High-Yield Utilities Article
• Negative Sentiment: Third-quarter revenue fell 15% year over year to $4.89 billion, missing estimates of $5.34 billion, while EPS declined from $2.34 a year earlier. The revenue miss and weaker earnings growth temper the impact of the EPS beat. Q3 Earnings and Revenue Results
• Negative Sentiment: Management stressed the need for urgent California wildfire-liability reform, warning that rising financing costs could restrict grid investment. Delays in reform and potential wildfire claims remain major risks. EIX Earnings Call Highlights Wildfire Reform
• Negative Sentiment: Wells Fargo lowered its price target from $62 to $59 and maintained an “underweight” rating, reinforcing investor concerns about limited upside and regulatory exposure. Wells Fargo Edison International Ratings

Analysts Set New Price Targets

A number of research firms have commented on EIX. The Goldman Sachs Group set a $67.00 target price on shares of Edison International in a research report on Thursday, October 15th. Barclays raised their price target on Edison International from $53.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Friday. JPMorgan Chase & Co. cut their price objective on Edison International from $61.00 to $59.00 and set a “neutral” rating for the company in a report on Monday, October 12th. Mizuho lowered Edison International from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $86.00 to $70.00 in a report on Monday, August 31st. Finally, UBS Group reiterated a “neutral” rating and set a $57.00 price objective on shares of Edison International in a research report on Thursday, September 24th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Edison International presently has a consensus rating of “Reduce” and an average price target of $60.73.

Edison International Trading Down 0.8%

The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.95. The firm has a market capitalization of $22.67 billion, a PE ratio of 8.80, a PEG ratio of 2.51 and a beta of 0.62. The stock’s fifty day simple moving average is $57.77 and its 200 day simple moving average is $67.72.

Edison International (NYSE:EIX) last issued its quarterly earnings data on Thursday, October 29th. The utilities provider reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.11. The firm had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $5.34 billion. Edison International had a net margin of 20.50% and a return on equity of 14.27%. The company’s revenue for the quarter was down 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.34 EPS. On average, sell-side analysts predict that Edison International will post 6.13 earnings per share for the current year.

Edison International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Wednesday, October 7th will be paid a $0.8775 dividend. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $3.51 annualized dividend and a dividend yield of 6.0%. Edison International’s dividend payout ratio (DPR) is 36.19%.

Insider Buying and Selling at Edison International

In related news, Director Peter Taylor sold 500 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $55.56, for a total transaction of $27,780.00. Following the completion of the transaction, the director directly owned 33,212 shares in the company, valued at approximately $1,845,258.72. The trade was a 1.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Edison International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Edmond DE Rothschild Holding S.A. acquired a new position in Edison International during the second quarter worth $26,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Edison International in the third quarter valued at about $27,000. Groupe la Francaise acquired a new stake in shares of Edison International in the first quarter valued at about $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Edison International during the second quarter worth about $30,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of Edison International during the second quarter worth about $31,000. Institutional investors own 88.95% of the company’s stock.

Edison International Company Profile

Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.