Edison International’s Stock Price Takes a Dive, Drops by 10.18% to $69.50

Edison International (EIX)

69.50 USD -7.88 (-10.18%) Volume: 11.98M

Edison International’s stock price is currently valued at 69.50 USD, experiencing a significant drop of -10.18% this trading session with a heavy trading volume of 11.98M, and a notable year-to-date decrease of -12.95%, indicating a challenging period for EIX investors.

Latest developments on Edison International

Edison International (EIX) stock has experienced a significant drop of more than 10% as wildfires continue to rage in California, leaving 70,000 Southern Californians without power. The company’s shares plummeted amid the wildfires, prompting power shutoffs and causing concern among investors. Despite this, Citi maintains a Buy rating on Edison International, highlighting the company’s resilience in the face of such challenges. With strong trading volume and attention from stock traders, EIX remains a key player in the electric utility sector. As the situation unfolds, Edison International‘s stock movements are closely monitored for potential opportunities and risks in the market.

Edison International on Smartkarma

Analysts at Baptista Research on Smartkarma have been providing bullish coverage on Edison International. In their research reports, they highlight the company’s strong financial performance, with core earnings per share (EPS) exceeding expectations in multiple quarters. Edison International‘s focus on innovation, technological investments, and regulatory developments has been seen as vital tools for growth. With a narrowing of 2024 core EPS guidance and a reaffirmed 2025 EPS target, analysts are confident in the company’s ability to sustain a compound annual growth rate (CAGR) of 5% to 7% through 2028.

Through their insightful reports, Baptista Research emphasizes Edison International‘s competitive advantage in the utility sector. The company’s solid start to the year, progress in the 2025 General Rate Case, and ongoing investments in infrastructure and safety measures have garnered positive sentiment from analysts. With a focus on both strengths and areas of improvement, analysts see Edison International as a promising investment opportunity. The company’s strategic initiatives and financial performance continue to reinforce investor confidence in its long-term growth potential.

A look at Edison International Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Edison International, a company that focuses on developing and operating electric power generation facilities globally, has received mixed ratings in terms of its long-term outlook. While it excels in providing a steady dividend and shows promising growth potential, its value and resilience scores are average. This suggests that investors may find Edison International to be a stable investment option with strong dividend returns and growth prospects.

Despite facing some challenges in terms of value and resilience, Edison International‘s overall outlook remains positive due to its solid dividend and growth scores. The company’s ability to provide consistent dividends and its potential for growth indicate a promising future. Investors looking for a reliable investment with good dividend returns may consider adding Edison International to their portfolio, as it continues to focus on developing and operating electric power generation facilities worldwide.

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