Edison International (EIX) has been the focus of significant investment activity and performance fluctuations. A number of financial firms, including
Merit Financial Group LLC,
Firethorn Wealth Partners, and
Summit Global Investments have increased their stakes in the utility company, while others such as
Douglas Lane & Associates and
Fifth Third Wealth Advisors have decreased their shares. Despite facing challenges related to the
California wildfires, including an ongoing
investigation, EIX has been praised as a strong
dividend growth stock with high yields and strong growth potential. However, it has also faced volatility, with a large drop in short interest and a 3.01% share decrease in late May. Analyst sentiment largely remains optimistic, with
UBS increasing its price target and the company achieving an
average recommendation of 'moderate buy'. EIX's Q1 2025 earnings highlights showed strong
EPS growth and the company's $3.73 EPS exceeded expectations. However, risks loom in the form of potential losses linked to the Eaton fire and potential material losses due to the same fire, as expressed by the CEO.
Edison International EIX News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 07 Jun 2025 07:46:28 GMT -
Rating 4
- Innovation -2
- Information 7
- Rumor 0
