Investing In Edison International (NYSE: EIX): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Utilities – Regulated Electric industry segment. The current market capitalization of Edison International is $30.30B. A total of 1.9 million shares were traded on the day, compared to an average of 2.07M shares.

In the most recent transaction, Bowman Erica S sold 0 shares of EIX for 87.88 per share on Nov 22 ’24. After the transaction, the VICE PRESIDENT now owns 1,287 company shares. In a previous transaction on Nov 15 ’24, Taylor Peter J. sold 1,250 shares at 83.28 per share. EIX shares that Director owns now total 32,372.

Among the insiders who bought shares, Taylor Peter J. acquired of 1,250 shares on Nov 15 ’24 at a per-share price of $82.13. In another insider transaction, Trent Keith sold 1 shares at $81.67 per share on Nov 07 ’24. Company shares held by the Director now total 16,168.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Edison International pays an annual dividend of $3.12, resulting in a dividend yield of 3.99%, and it has a price to earnings (P/E) ratio of 22.96. EIX’s most recent ex-dividend date was 4.06% when it declared a $0.8275 quarterly dividend that was paid in cash on 1/7/2025. Previously, the company paid the dividend on 10/7/2024 with an ex-dividend date of 3.63%. The EIX stock dividend was $0.78 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, EIX has a high of $88.77 and a low of $63.15.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EIX’s latest balance sheet shows that the firm has $390.00M in Cash & Short Term Investments as of fiscal 2021. There were $29.53B in debt and $8.61B in liabilities at the time. Its Book Value Per Share was $36.21, while its Total Shareholder’s Equity was $17.79B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EIX is Buy with a score of 3.94.

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