Edison International (NYSE:EIX) Posts Earnings Results

Edison International (NYSE:EIX) released its earnings results on Tuesday. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.10, FiscalAI reports. Edison International had a net margin of 24.34% and a return on equity of 14.87%. The firm had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.07 billion. During the same period last year, the business earned $1.37 earnings per share. The business’s revenue was up 7.7% on a year-over-year basis. Edison International updated its FY 2026 guidance to 5.900-6.200 EPS.

Here are the key takeaways from Edison International’s conference call:

• Edison reported first-quarter core EPS of $1.42, reaffirmed 2026 core EPS guidance of $5.90–$6.20 and its long‑term 5%–7% core EPS growth goal, signaling confidence in earnings durability.
• SCE says distribution hardening in high‑fire areas is ~93% complete, received annual safety certification, and is deploying AI, lidar, satellite imagery and early‑fault detection to reduce wildfire risk and improve reliability.
• The Wildfire Recovery Compensation Program has issued ~1,500 offers totaling >$500 million with ~3,100 claims filed, but management cannot yet estimate total liability or final participation, leaving material exposure uncertain.
• EIX reiterated a $38B–$41B capital plan (2026–2030) with expected ~7% rate‑base CAGR and the AMI 2.0 and NextGen ERP programs filed, and said it does not expect to issue new common equity through 2030 while targeting a 15%–17% FFO‑to‑debt range.
• Management is actively engaging on wildfire and affordability legislation after the CEA report and advocates a return to a cost‑of‑service framework, but timing and scope of legislative outcomes — and potential effects on cost of capital — remain uncertain.

Edison International Stock Performance

Shares of Edison International stock traded up $1.60 on Thursday, hitting $69.54. 1,841,805 shares of the company’s stock were exchanged, compared to its average volume of 3,241,090. Edison International has a 1 year low of $47.73 and a 1 year high of $76.21. The company has a 50-day simple moving average of $72.10 and a 200-day simple moving average of $64.12. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.68 and a current ratio of 0.73. The stock has a market capitalization of $26.77 billion, a PE ratio of 6.02, a PEG ratio of 1.19 and a beta of 0.77.

Edison International Dividend Announcement

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. The ex-dividend date is Tuesday, April 7th. This represents a $3.51 annualized dividend and a yield of 5.0%. Edison International’s dividend payout ratio (DPR) is presently 30.36%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Morgan Stanley cut their target price on Edison International from $71.00 to $70.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group dropped their target price on shares of Edison International from $59.00 to $54.00 and set a “hold” rating on the stock in a research note on Wednesday, January 28th. Bank of America reduced their price target on shares of Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a research report on Monday, April 20th. LADENBURG THALM/SH SH restated a “sell” rating and issued a $63.00 price objective on shares of Edison International in a report on Thursday, March 5th. Finally, Barclays lowered their price objective on Edison International from $78.00 to $77.00 and set an “overweight” rating on the stock in a research report on Wednesday. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Edison International has an average rating of “Hold” and a consensus target price of $72.73.

Insider Activity at Edison International

In related news, Director Peter J. Taylor sold 500 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $75.30, for a total value of $37,650.00. Following the transaction, the director directly owned 34,212 shares of the company’s stock, valued at approximately $2,576,163.60. This trade represents a 1.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 owned by company insiders.

Institutional Trading of Edison International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Transamerica Financial Advisors LLC lifted its position in shares of Edison International by 170.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock valued at $27,000 after buying an additional 281 shares in the last quarter. DV Equities LLC bought a new position in shares of Edison International during the 4th quarter valued at approximately $52,000. McMillan Office Inc. purchased a new stake in Edison International in the 4th quarter worth approximately $55,000. Zions Bancorporation National Association UT raised its stake in Edison International by 1,000.0% during the 4th quarter. Zions Bancorporation National Association UT now owns 935 shares of the utilities provider’s stock worth $56,000 after acquiring an additional 850 shares during the period. Finally, MUFG Securities EMEA plc purchased a new position in Edison International during the second quarter valued at approximately $59,000. Hedge funds and other institutional investors own 88.95% of the company’s stock.

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.