Old Port Advisors and
Revisor Wealth Management LLC have increased their holdings in
Edison International EIX, while
UBS and
Morgan Stanley have lowered their price targets for the stock. Despite the ongoing wildfire litigation and liabilities, progress on a wildfire settlement and dividend increases are viewed positively for the company. Edison International consistently pays out dividends, making it a preferred choice for safety-oriented dividend investors. The company has revealed Q2 results as well as full-year 2024 results and set Q4 2025 dividend with multiple preference share distributions. However, the company's valuation has been affected by the wildfire settlement, new claims fund, and credit downgrade. Despite concerns,
UBS maintains a buy rating for the stock, citing its long-term value. Southern California Edison, a subset of EIX, is working on the recovery of $2 billion tied to wildfires. A wildfire compensation program for Eaton fire victims was also launched. Despite the ongoing challenges, Edison International is viewed as a key growth and value stock for the long-term, even as its stock fell by approximately 10% in one week.
Edison International EIX News Analytics from Thu, 12 Dec 2024 08:00:00 GMT to Sat, 27 Sep 2025 09:10:15 GMT -
Rating 0
- Innovation 0
- Information 2
- Rumor -1
