What Are The Chances Of Edison International (NYSE: EIX) Becoming A Clear Buy?

After Hours

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.

Stocks Info

As a NYSE listed company, EIX falls under the Utilities sector while operating within the Utilities – Regulated Electric industry segment. The current market capitalization of Edison International is $30.98B. A total of 1.33 million shares were traded on the day, compared to an average of 2.09M 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Edison International pays an annual dividend of $2.34, resulting in a dividend yield of 2.92%, and it has a price to earnings (P/E) ratio of 23.48. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

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. 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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