Edison International (NYSE:EIX) Announces Earnings Results

Edison International (NYSE:EIX) issued its quarterly earnings results on Thursday. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.36, FiscalAI reports. Edison International had a return on equity of 14.56% and a net margin of 19.27%.The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the prior year, the business posted $0.97 EPS. Edison International’s revenue for the quarter was down 4.1% compared to the same quarter last year. 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 Trading Down 5.3%

Shares of Edison International stock traded down $4.20 on Friday, reaching $74.53. The company had a trading volume of 1,393,583 shares, compared to its average volume of 2,923,562. The firm has a market cap of $28.68 billion, a price-to-earnings ratio of 8.10, a P/E/G ratio of 6.11 and a beta of 0.66. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.74 and a quick ratio of 0.68. The firm’s 50-day moving average price is $74.29 and its two-hundred day moving average price is $70.99. Edison International has a 1 year low of $51.01 and a 1 year high of $81.62.

Edison International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th will be paid a $0.8775 dividend. This represents a $3.51 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, July 7th. Edison International’s dividend payout ratio (DPR) is presently 38.11%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Truist Financial dropped their price target on Edison International from $82.00 to $79.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Weiss Ratings reissued a “buy (b-)” rating on shares of Edison International in a report on Monday, July 13th. Bank of America dropped 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 report on Monday, April 20th. Mizuho set a $86.00 target price on shares of Edison International in a research note on Friday. Finally, Seaport Research Partners downgraded shares of Edison International from a “buy” rating to a “neutral” rating in a report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Edison International presently has an average rating of “Hold” and a consensus target price of $73.00.

Key Edison International News

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

• Positive Sentiment: Edison reported second-quarter core EPS of $1.54, up from $0.97 a year earlier and above the roughly $1.02-$1.18 analyst consensus range. Net income increased to $534 million from $343 million, providing a significant earnings catalyst. Edison International Reports Second Quarter 2026 Results
• Positive Sentiment: Management reaffirmed its 2026 core EPS outlook of $5.90-$6.20 and highlighted wildfire-mitigation progress, including Southern California Edison’s plan to install about 450 miles of covered conductor. These efforts may help reduce future wildfire risk and liability exposure. Edison reaffirms 2026 core EPS and wildfire-mitigation plan
• Neutral Sentiment: Value-focused coverage is evaluating whether EIX’s earnings growth, valuation and estimate trends make it attractive to value investors. The analysis does not represent a new company-specific catalyst. Should Value Investors Buy Edison International Stock?
• Negative Sentiment: Quarterly revenue fell 4.1% year over year to $4.36 billion, missing expectations of approximately $4.82 billion. The 2026 EPS guidance midpoint of $6.05 is also slightly below the consensus estimate of $6.12, limiting the impact of the earnings beat.
• Negative Sentiment: An analyst was reported to have withdrawn a bullish stance on Edison International, adding pressure to investor sentiment and offsetting some of the positive earnings news. Edison International analyst downgrade

Institutional Trading of Edison International

A number of institutional investors have recently bought and sold shares of EIX. Sivia Capital Partners LLC lifted its holdings in shares of Edison International by 153.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider’s stock worth $451,000 after acquiring an additional 5,290 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in Edison International by 75.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 6,770 shares of the utilities provider’s stock valued at $409,000 after purchasing an additional 2,915 shares during the last quarter. Two Sigma Securities LLC purchased a new stake in Edison International in the 2nd quarter worth about $342,000. SeaCrest Wealth Management LLC raised its position in Edison International by 19.5% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 4,808 shares of the utilities provider’s stock worth $257,000 after purchasing an additional 785 shares during the period. Finally, A4 Wealth Advisors LLC bought a new stake in Edison International in the fourth quarter worth about $232,000. 88.95% of the stock is currently owned by institutional investors.

Edison International Company Profile

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.