Edison International’s (EIX) Sell Rating Reaffirmed at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH reissued their sell rating on shares of Edison International (NYSE:EIX) in a report issued on Thursday, Marketbeat reports. They currently have a $63.00 price objective on the utilities provider’s stock.

Several other brokerages have also recently commented on EIX. Wall Street Zen cut Edison International from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Mizuho set a $79.00 target price on shares of Edison International in a research note on Thursday, February 19th. Wells Fargo & Company lowered shares of Edison International from an “equal weight” rating to an “underweight” rating and increased their price target for the stock from $56.00 to $59.00 in a research note on Tuesday, January 20th. TD Cowen raised their price target on shares of Edison International from $71.00 to $83.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, UBS Group lowered shares of Edison International from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $70.00 to $78.00 in a research note on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $68.56.

Edison International Price Performance

Shares of NYSE:EIX opened at $71.19 on Thursday. The firm has a market cap of $27.39 billion, a price-to-earnings ratio of 6.16, a P/E/G ratio of 1.20 and a beta of 0.79. Edison International has a 1 year low of $47.73 and a 1 year high of $75.50. The company has a current ratio of 0.73, a quick ratio of 0.68 and a debt-to-equity ratio of 1.92. The business has a fifty day simple moving average of $65.18 and a 200 day simple moving average of $59.58.

Edison International (NYSE:EIX) last issued its earnings results on Wednesday, February 18th. The utilities provider reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.40. Edison International had a return on equity of 14.87% and a net margin of 24.34%.The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter in the previous year, the company posted $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 predict that Edison International will post 4.95 earnings per share for the current fiscal year.

Edison International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, April 7th will be paid a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Tuesday, April 7th. Edison International’s payout ratio is presently 30.36%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. 10Elms LLP bought a new stake in Edison International during the fourth quarter valued at about $26,000. Transamerica Financial Advisors LLC increased its stake in shares of Edison International by 170.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 281 shares during the period. Activest Wealth Management lifted its position in shares of Edison International by 677.8% during the 3rd quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 488 shares during the last quarter. CVA Family Office LLC boosted its stake in Edison International by 113.7% during the 3rd quarter. CVA Family Office LLC now owns 577 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 307 shares during the period. Finally, Ransom Advisory Ltd boosted its stake in Edison International by 74.9% during the 4th quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 259 shares during the period. 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.