Edison International's preferred stocks are highlighted as a high yield, special situation investment. Upcoming earnings expected to show growth, are scheduled to be announced on a Tuesday. This coincides with growing anticipation for the September 19th options. Legal pressures persist, including a deadline for a leading investor counsel, and two potential lawsuits from Schall and Faruqi & Faruqi law firms. A positive note comes as Morgan Stanley raises their price target for EIX, echoed by Jefferies & Co adjusting their target to $78, maintaining a 'buy' rating. Analysts see a potential 20% upside along with a robust dividend yield. Operating under Southern California Edison, dividends have been declared and stock was up 3.05% on April 22nd. Persistent shareholder activism focuses on executive compensation. Long-term prospects highlight EIX as one of the oversold stocks to buy in 2025 amid inflation fears. However, growth opportunities are reportedly being obscured by concerns over wildfires, affecting the firm's stock which fell 10% amid California wildfires. In terms of financial results, a call is scheduled for Q1 2025. Finally, there is investor interest in the company, with Groupama Asset Management offloading shares while Bryce Point Capital acquires 6,741 shares, hinting at a potential 23% upside.
Edison International EIX News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Fri, 25 Apr 2025 22:24:00 GMT -
Rating 2
- Innovation 3
- Information 2
- Rumor -4
