Edison International (EIX) has been recognized as a strong contender for both growth and value investments for the long-term. Notably, the company experienced increased positioning by Victory Capital Management Inc, Parcion Private Wealth LLC, and the New York State Common Retirement Fund. This trend ups the company's appeal among value investors looking for stocks with high yields. Meanwhile, EIX also maintained momentum, avoiding substantial losses despite the Southern California wildfires' negative impact. However, wildfire-linked litigation and liabilities continue to exert pressure on Edison International's share price. In response, the company has proactively submitted reports on the Eaton and Hurst wildfires to state regulators and announced mitigation plans leveraging grid innovations to advance community safety. Regardless of these efforts, the company's stock fell 10%, prompting a law firm to initiate a significant investigation into Edison International's impact on the LA wildfires. Despite these challenges, analysts remain bullish on EIX's potential and have given it a 'Moderate Buy' average rating, suggesting expected growth.
Edison International EIX News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Sat, 19 Jul 2025 15:19:59 GMT -
Rating 4
- Innovation 3
- Information 7
- Rumor 2
