Edison International's ongoing activities continue to draw focus in the market. Significant investments highlight the firm's attractiveness, with
Swedbank AB investing $34.35 million and
Collar Capital Management LLC putting in $2.62 million.
Voya Investment Management LLC and
Douglas Lane & Associates LLC, however, have sold significant shares. The company's
valuation has been explored extensively following a
capital reshuffle and 6%
dividend increase, creating a compelling
bull case. However, price targets are reduced amidst a
cautious outlook for the utility sector. Edison International announced
quarterly dividends and
increased them to $0.8775. The company's
wildfire recovery compensation program has made its first payment and community input workshops are announced. While the firm has won a
strong rate case, it faces legal challenges and risk surrounding its wildfire fund. A
downgrade by S&P due to these risks is noted. Its earnings have exceeded estimates, but the
outlook for the business is unclear, with shares falling almost 10%. Edison International is deemed a
value stock and a likely top performer in the long-term.
Share buybacks and
increasing profits hint at a new capital return strategy.
Edison International EIX News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Fri, 26 Dec 2025 10:49:59 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -1
