Edison International Stock News

Edison International (EIX) cheers investors with its 18th straight dividend raises to $2.80 per share and rising 5.7% from the prior rate. This reflects its commitment to add shareholder value.

Edison International (EIX) cheers investors with its 18th straight dividend raises to $2.80 per share and rising 5.7% from the prior rate. This reflects its commitment to add shareholder value.

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International declared a quarterly common stock dividend of $0.70 per share.

Despite bigger wildfire claims and climate change-related issues, electricity consumption is steadily growing.

Edison International found using ticker (EIX) have now 16 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 79 and 59 calculating the average target price we see 70.03. With the stocks previous close at 66.61 this indicates there is a potential upside of 5.1%. The day 50 moving average is 61.22 while the 200 day moving average is 58.67. The company has a market cap of $25,274m. Find out more information at: /> [stock_market_widget type="chart" symbol="EIX" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Edison International, through its subsidiaries, generates and distributes electric power. As of March 03, 2021, it delivered electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. Edison International also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations.

Forum Mobility, a San Francisco, CA-based zero-emission fleet and infrastructure provider, raised $7.5m in seed funding. The round was co-led by Obvious Ventures and Homecoming Capital, with participation from Edison International (NYSE: EIX) and Overture VC. The company intends to use the funds to build its operations, broaden its team, and further product development. Led [] The post Forum Mobility Raises $7.5M in Seed Funding appeared first on FinSMEs .

Sciencast Management LP purchased a new stake in shares of Edison International (NYSE:EIX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 32,739 shares of the utilities providers stock, valued at approximately $1,817,000. Several other hedge funds and other institutional investors have also recently added []

Edison International (NYSE:EIX) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 7,020,000 shares, a growth of 33.2% from the October 31st total of 5,270,000 shares. Based on an average daily trading volume, of 1,920,000 shares, the short-interest ratio is presently 3.7 days. […]

Edison International (EIX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Edison International (NYSE:EIX) Investment analysts at Seaport Res Ptn cut their FY2024 earnings per share estimates for Edison International in a research note issued on Monday, November 29th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $5.24 per share for the year, down from their prior estimate of []

Edison International (NYSE:EIX) Equities researchers at Seaport Res Ptn decreased their FY2024 earnings estimates for shares of Edison International in a research report issued to clients and investors on Monday, November 29th. Seaport Res Ptn analyst A. Storozynski now forecasts that the utilities provider will post earnings per share of $5.24 for the year, []

Edison International (EIX) shares closed today at 0.3% below its 52 week high of $66.24, giving the company a market cap of $25B. The stock is currently up 8.8% year-to-date, up 10.1% over the past 12 months, and up 11.5% over the past five years. This week, the Dow Jones Industrial Average fell 1.4%, and the S&P 500 fell 0.6%. Trading Activity Trading volume this week was 60.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.6. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 36.7% The company's stock price performance over the past 12 months beats the peer average by 32.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 212.2% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

MADDEN SECURITIES Corp acquired a new position in Edison International (NYSE:EIX) during the third quarter, according to its most recent filing with the SEC. The firm acquired 49,990 shares of the utilities providers stock, valued at approximately $2,773,000. Edison International comprises approximately 1.5% of MADDEN SECURITIES Corps holdings, making the stock its 26th biggest holding. []

Southern California Utility Cuts Power To Customers On Thanksgiving As Wildfire Risks Surge The largest utility company in Southern California cut power to thousands of customers across higher elevations of Los Angeles, leaving many households without electricity for Thanksgiving. Edison International''s Southern California utility cut power to 32,036 residential and commercial building structures in Los Angeles, Orange, Riverside, San Bernardino, and Ventura counties to prevent wind storms from toppling power lines that would stoke fires in the drought-stricken region. The utility projects up to a quarter-million customers could lose service around Los Angeles and San Diego. Dry winds and drought-stricken conditions in Southern California are a product of a La Niña weather pattern which usually brings drier conditions to the region during the winter. Critical fire weather is expected today (11/24) and Thursday (11/25) in southern California. These conditions may persist into Friday (11/26).

Edison International (EIX) shares closed 0.7% higher than its previous 52 week high, giving the company a market cap of $24B. The stock is currently up 7.9% year-to-date, up 6.8% over the past 12 months, and up 14.1% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.2%. Trading Activity Trading volume this week was 13.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 11.3% The company's stock price performance over the past 12 months lags the peer average by -11.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 204.7% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.