Edison International (EIX) announces $0.78 Q2 dividend and plans to hold a conference call on Q2 2024 Financial Results on the 25th of July. Despite underperforming compared to competitors on some days, it issued $500M in Senior Notes. A report reveals that AMF Tjanstepension AB owns an estimated $11.54 Million stake in Edison, with shares also purchased by Brookstone Capital Management and Global Assets Advisory LLC. Investors are pleasantly surprised by the surpassed Q1 earnings estimates, however, concerns are noted about hit brakes on returns of capital. A dip in stock price to $61.00 from Morgan Stanley has been reported. However, a three-year investment in Edison International paid off with a 57% increase. A Geothermal Power Deal was inked between Southern California Edison (EIX) and Fervo. Analysis shows a large increase in short interest prompting stakeholders to revise their strategies. Nonetheless, Edison International stock performance has been commended and its position among top growth stocks for the long-term has been reinforced.
Edison International EIX News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sun, 30 Jun 2024 12:50:20 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor 2
