EIX stock icon

Edison International
EIX

$71.64
0.33%
 

About: Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

Employees: 14,375

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 12 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

305% more call options, than puts

Call options by funds: $96.7M | Put options by funds: $23.9M

19% more repeat investments, than reductions

Existing positions increased: 294 | Existing positions reduced: 247

0.54% more ownership

Funds ownership: 104.18% [Q4 2023] → 104.72% (+0.54%) [Q1 2024]

1% less capital invested

Capital invested by funds: $24.3B [Q4 2023] → $24.1B (-$137M) [Q1 2024]

3% less funds holding

Funds holding: 761 [Q4 2023] → 740 (-21) [Q1 2024]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 6 (-1) [Q1 2024]

23% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 91

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$64
11%
downside
Avg. target
$77
7%
upside
High target
$86
20%
upside

12 analyst ratings

positive
50%
neutral
42%
negative
8%
Argus Research
Marie Ferguson
14%upside
$82
Buy
Maintained
12 Jun 2024
Morgan Stanley
David Arcaro
11%downside
$64
Underweight
Maintained
28 May 2024
Mizuho
Anthony Crowdell
19%upside
$85
Buy
Maintained
17 May 2024
Wells Fargo
Neil Kalton
20%upside
$86
Overweight
Upgraded
14 May 2024
Barclays
Nicholas Campanella
5%upside
$75
Equal-Weight
Maintained
2 May 2024

Financial journalist opinion

Based on 4 articles about EIX published over the past 30 days