Edison International (NYSE:EIX) Issues Earnings Results

Edison International (NYSE:EIX) announced its quarterly earnings results on Thursday. The utilities provider reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.36, FiscalAI reports. The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.82 billion. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The company’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.97 earnings per share. Edison International updated its FY 2026 guidance to 5.900-6.200 EPS.

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

• Second-quarter core EPS rose to $1.54 from $0.97 a year earlier, and Edison reaffirmed its 2026 core EPS guidance of $5.90–$6.20 and long-term growth target of 5%–7%.
• SCE completed approximately $2 billion of Woolsey Fire cost-recovery securitization, with proceeds expected to fund claims, retire related debt, and strengthen the balance sheet.
• Wildfire mitigation remains a major investment priority, with about 90% of distribution lines in high-fire-risk areas hardened; the next plan preliminarily includes roughly 450 miles of covered conductor and 190 miles of targeted undergrounding.
• SCE has extended more than 2,200 Eaton Fire compensation offers totaling over $775 million, but management said it still lacks enough claims and settlement data to estimate the low end of potential liability under GAAP.
• The outcome of California wildfire-reform legislation remains uncertain, and management warned that an insufficiently predictable or financeable framework could raise borrowing and equity costs, potentially affecting future capital deployment and customer affordability.

Edison International Stock Performance

Shares of EIX traded up $0.12 during midday trading on Thursday, reaching $78.75. 2,874,432 shares of the stock were exchanged, compared to its average volume of 2,164,010. The stock’s 50 day simple moving average is $74.29 and its 200 day simple moving average is $70.99. The company has a market cap of $30.30 billion, a P/E ratio of 11.91, a PEG ratio of 6.11 and a beta of 0.66. Edison International has a twelve month low of $51.01 and a twelve month high of $81.62. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1.98.

Edison International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th will be issued a dividend of $0.8775 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.5%. Edison International’s dividend payout ratio (DPR) is currently 38.11%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EIX. Bank of America cut their target price on shares of Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Edison International in a research note on Monday, July 13th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $62.00 price objective on shares of Edison International in a research report on Tuesday, April 21st. Barclays lifted their target price on Edison International from $77.00 to $78.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Finally, Seaport Research Partners downgraded Edison International from a “buy” rating to a “neutral” rating in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $72.64.

Hedge Funds Weigh In On Edison International

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

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.