Edison International Stock Today
| EIX Stock | USD 70.82 0.03 0.04% |
Performance7 of 100
| Odds Of DistressLess than 35
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Edison International is trading at 70.82 as of the 25th of April 2024; that is -0.04 percent down since the beginning of the trading day. The stock's open price was 70.85. Edison International has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Edison International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 2nd of January 1980 |
Edison International, through its subsidiaries, generates and distributes electric power. The company was founded in 1886 and is headquartered in Rosemead, California. Edison International operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 384.68 M outstanding shares of which 6.67 M shares are currently shorted by investors with about 3.79 days to cover. More on Edison International
Moving together with Edison Stock
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Moving against Edison Stock
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Edison Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Edison International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Edison International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Edison International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Edison International's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Kevin Payne | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, SP 500 Index, Dow Jones Utility, Dow Jones Composite, PHLX Utility, Macroaxis Picks, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Nuclear | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Edison International report their recommendations after researching Edison International's financial statements, talking to executives and customers, or listening in on Edison International's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Edison International. The Edison consensus assessment is calculated by taking the average forecast from all of the analysts covering Edison International. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Edison International's profitability, liquidity, and operating efficiency, Edison International may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Edison International is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Edison International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Edison International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Edison International's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Edison International's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Edison International's financial leverage. It provides some insight into what part of Edison International's total assets is financed by creditors.
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Edison International (EIX) is traded on New York Stock Exchange in USA. It is located in 2244 Walnut Grove Avenue, Rosemead, CA, United States, 91770 and employs 13,003 people. Edison International is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 27.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Edison International's market, we take the total number of its shares issued and multiply it by Edison International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Edison International runs under Electric Utilities sector within Utilities industry. The entity has 384.68 M outstanding shares of which 6.67 M shares are currently shorted by investors with about 3.79 days to cover.
Edison International has about 914 M in cash with 3.4 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Check Edison International Probability Of Bankruptcy
Ownership AllocationEdison International retains a total of 384.68 Million outstanding shares. The majority of Edison International outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Edison International to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Edison International. Please pay attention to any change in the institutional holdings of Edison International as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Edison Ownership Details
Edison Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Edison International jumping above the current price in 90 days from now is nearly 4.46%. The Edison International probability density function shows the probability of Edison International stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0891 suggesting Edison International market returns are sensitive to returns on the market. As the market goes up or down, Edison International is expected to follow. Additionally, edison International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Edison International to move above the current price in 90 days from now is nearly 4.46 (This Edison International probability density function shows the probability of Edison Stock to fall within a particular range of prices over 90 days) .
Edison Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Edison International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Edison International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Edison International's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 5.7 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 5.7 M | |
| Deutsche Bank Ag | 2023-12-31 | 5.6 M | |
| Legal & General Group Plc | 2023-12-31 | 5.5 M | |
| Atlas Infrastructure Partners (uk) Ltd | 2023-12-31 | 5.5 M | |
| Massachusetts Financial Services Company | 2023-12-31 | 5.3 M | |
| Northern Trust Corp | 2023-12-31 | 4.2 M | |
| Ubs Asset Mgmt Americas Inc | 2023-12-31 | 4.1 M | |
| Amvescap Plc. | 2023-12-31 | 3.7 M | |
| Vanguard Group Inc | 2023-12-31 | 46.7 M | |
| Blackrock Inc | 2023-12-31 | 36.7 M |
Edison International Historical Income Statement
Edison International Income Statement is one of the three primary financial statements used for reporting Edison's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Edison International revenue and expense. Edison International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Edison International's Tax Provision is fairly stable compared to the past year. View More FundamentalsEdison Stock Against Markets
Picking the right benchmark for Edison International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Edison International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Edison International is critical whether you are bullish or bearish towards Edison International at a given time. Please also check how Edison International's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Edison International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Edison International Corporate Directors
Edison International corporate directors refer to members of an Edison International board of directors. The board of directors generally takes responsibility for the Edison International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Edison International's board members must vote for the resolution. The Edison International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jagjeet Bindra | Independent Director | Profile | |
| James Morris | Independent Director | Profile | |
| Brett White | Independent Director | Profile | |
| Ellen Tauscher | Independent Director | Profile |
How to buy Edison Stock?
Before investing in Edison International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Edison International. To buy Edison International stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Edison International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Edison International stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Edison International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Edison International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Edison International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.
Already Invested in Edison International?
The danger of trading Edison International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Edison International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Edison International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Edison International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Edison International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edison International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edison International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edison International Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Edison Stock analysis
When running Edison International's price analysis, check to measure Edison International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.
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Is Edison International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edison International. If investors know Edison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edison International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 2.993 | Earnings Share 3.11 | Revenue Per Share 42.658 | Quarterly Revenue Growth (0.08) |
The market value of Edison International is measured differently than its book value, which is the value of Edison that is recorded on the company's balance sheet. Investors also form their own opinion of Edison International's value that differs from its market value or its book value, called intrinsic value, which is Edison International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edison International's market value can be influenced by many factors that don't directly affect Edison International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edison International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edison International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edison International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.