Edison International (NYSE:EIX) Price Target Raised to $58.00

Edison International (NYSE:EIX) had its price objective raised by equities research analysts at Barclays from $53.00 to $58.00 in a report issued on Friday, Benzinga reports. The brokerage presently has an “equal weight” rating on the utilities provider’s stock. Barclays‘s price objective suggests a potential downside of 2.59% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on the company. HSBC assumed coverage on Edison International in a research note on Thursday, October 22nd. They issued a “hold” rating and a $56.50 price target on the stock. UBS Group reissued a “neutral” rating and issued a $57.00 price objective on shares of Edison International in a research report on Thursday, September 24th. JPMorgan Chase & Co. cut their target price on shares of Edison International from $61.00 to $59.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Argus downgraded shares of Edison International from a “buy” rating to a “hold” rating in a report on Wednesday, August 26th. Finally, Jefferies Financial Group lowered shares of Edison International from a “hold” rating to an “underperform” rating and decreased their price target for the company from $53.00 to $42.00 in a research note on Friday, October 2nd. One investment 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, the company has a consensus rating of “Reduce” and an average target price of $60.96.

Edison International Stock Performance

NYSE:EIX traded up $0.16 on Friday, hitting $59.54. The company’s stock had a trading volume of 457,658 shares, compared to its average volume of 3,652,507. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95. The stock has a fifty day moving average of $58.08 and a two-hundred day moving average of $67.73. The firm has a market capitalization of $22.91 billion, a P/E ratio of 6.14, a price-to-earnings-growth ratio of 2.49 and a beta of 0.62. Edison International has a one year low of $51.10 and a one year high of $81.62.

Edison International (NYSE:EIX) last released 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. Edison International had a return on equity of 15.53% and a net margin of 20.30%. The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $5.34 billion. During the same period last year, the firm posted $2.34 earnings per share. The business’s revenue was down 15.0% on a year-over-year basis. Research analysts predict that Edison International will post 6.13 earnings per share for the current year.

Insider Buying and Selling at Edison International

In other news, Director Peter Taylor sold 500 shares of Edison International stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $55.56, for a total value of $27,780.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Edison International

A number of hedge funds have recently added to or reduced their stakes in EIX. Welch Group LLC bought a new position in shares of Edison International in the third quarter worth $501,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Edison International in the third quarter valued at about $9,423,000. Vise Technologies Inc. lifted its position in Edison International by 17.2% during the third quarter. Vise Technologies Inc. now owns 29,911 shares of the utilities provider’s stock worth $1,607,000 after purchasing an additional 4,389 shares during the period. Intrua Financial LLC lifted its position in Edison International by 16.3% during the third quarter. Intrua Financial LLC now owns 10,299 shares of the utilities provider’s stock worth $553,000 after purchasing an additional 1,446 shares during the period. Finally, Moss Adams Wealth Advisors LLC acquired a new stake in Edison International during the third quarter worth about $287,000. Institutional investors own 88.95% of the company’s stock.

Key Stories Impacting Edison International

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

• Positive Sentiment: Third-quarter earnings exceeded expectations. Edison reported adjusted EPS of $1.92, above the $1.81 FactSet consensus and the $1.83 Zacks estimate. The company also reported $724 million in net income. Edison International Q3 earnings flash
• Positive Sentiment: Full-year guidance was reaffirmed. Management maintained its 2026 core EPS outlook of $5.90 to $6.20, offering some stability despite the ongoing wildfire-related challenges. Edison also outlined a $38 billion to $41 billion capital-investment plan, supporting long-term rate-base growth. Edison reaffirms 2026 guidance
• Neutral Sentiment: High dividend yield and valuation are attracting attention. Wall Street analysts highlighted Edison among utility stocks offering significant dividend yields, which may appeal to income-focused investors. However, the company’s elevated leverage and wildfire exposure remain important risks. Analysts spotlight high-dividend utilities
• Negative Sentiment: Revenue and earnings declined from a year earlier. Third-quarter revenue fell 15% to $4.89 billion, below the $5.34 billion consensus, while EPS declined from $2.34 in the prior-year quarter. The revenue shortfall and lower profitability temper the benefit of the earnings beat. Edison International reports third-quarter results
• Negative Sentiment: Wildfire-liability reform remains unresolved. Investors continue to monitor stalled reform efforts and claims related to the Eaton Fire. Uncertainty over potential liabilities can pressure valuation and increase financing risk, overshadowing the quarterly EPS beat. Edison Q3 earnings and wildfire reform warning

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.