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Southern California Edison today announced that more than 12,000 participants have sought compensation directly through its [url="]Wildfire Recovery Compensati

Posted by Defense World Staff on Jul 23rd, 2026

Edison International (NYSE:EIX – Get Free Report) has received an average recommendation of “Hold” from the twelve ratings firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $72.6364.

A number of research firms recently issued reports on EIX. Wells Fargo & Company reaffirmed an “underweight” rating and set a $62.00 price target on shares of Edison International in a research note on Tuesday, April 21st. Seaport Research Partners cut shares of Edison International from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. boosted their target price on shares of Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Morgan Stanley reaffirmed an “underweight” rating and issued a $69.00 price target on shares of Edison International in a report on Wednesday. Finally, Barclays lifted their price target on Edison International from $77.00 to $78.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th.

View Our Latest Analysis on Edison International

Hedge Funds Weigh In On Edison International Several large investors have recently modified their holdings of EIX. Groupe la Francaise bought a new stake in Edison International in the first quarter worth $29,000. 10Elms LLP bought a new position in Edison International during the fourth quarter valued at $26,000. Transamerica Financial Advisors LLC increased its position in Edison International by 170.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 281 shares during the last quarter. Altshuler Shaham Ltd raised its stake in shares of Edison International by 36.6% in the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock valued at $42,000 after acquiring an additional 155 shares during the period. Finally, Quest 10 Wealth Builders Inc. lifted its holdings in shares of Edison International by 866.7% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $47,000 after acquiring an additional 702 shares during the last quarter. Institutional investors own 88.95% of the company’s stock.

Edison International Stock Performance NYSE:EIX opened at $80.45 on Thursday. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.74 and a quick ratio of 0.68. Edison International has a 1 year low of $51.01 and a 1 year high of $80.90. The stock’s 50 day simple moving average is $73.18 and its two-hundred day simple moving average is $70.19. The company has a market cap of $30.96 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 6.07 and a beta of 0.66.

Edison International (NYSE:EIX – Get Free Report) last posted its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.10. Edison International had a return on equity of 14.56% and a net margin of 19.27%.The firm had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.15 billion. During the same period in the prior year, the company earned $1.37 EPS. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities analysts anticipate that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th will be paid a $0.8775 dividend. This represents a $3.51 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, July 7th. Edison International’s dividend payout ratio (DPR) is presently 38.11%.

About Edison International (Get Free Report)

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE’s integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company’s operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company’s activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.

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ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison today announced that more than $750 million has been offered to community members through its Wildfire Recovery Compensation Program, underscoring continued interest in the voluntary program for eligible community members impacted by the Eaton Fire.“Behind every claim is a person, family or business working to recover and move forward,” said Pedro J. Pizarro, president and CEO of Edison International, SCE's parent company. “SCE remain.

A strong stock as of late has been Edison International (EIX - Free Report) . Shares have been marching higher, with the stock up 6.3% over the past month. The stock hit a new 52-week high of $77.95 in the previous session. Edison International has gained 27.6% since the start of the year compared to the 7.5% move for the Zacks Utilities sector and the 9% return for the Zacks Utility - Electric Power industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on April 28, 2026, Edison International reported EPS of $1.42 versus consensus estimate of $1.32.

For the current fiscal year, Edison International is expected to post earnings of $6.12 per share on $18.79 in revenues. This represents a -6.56% change in EPS on a -2.72% change in revenues. For the next fiscal year, the company is expected to earn $6.54 per share on $19.5 in revenues. This represents a year-over-year change of 6.87% and 3.76%, respectively.

Valuation MetricsWhile Edison International has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

Edison International has a Value Score of A. The stock's Growth and Momentum Scores are D and D, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 12.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 18.4X. On a trailing cash flow basis, the stock currently trades at 5X versus its peer group's average of 9.6X. Additionally, the stock has a PEG ratio of 1.33. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Edison International an interesting choice for value investors.

Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Edison International currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Edison International meets the list of requirements. Thus, it seems as though Edison International shares could have a bit more room to run in the near term.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Edison International (EIX - Free Report) . This company, which is in the Zacks Utility - Electric Power industry, shows potential for another earnings beat.

When looking at the last two reports, this electric power provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 17.39%, on average, in the last two quarters.

For the last reported quarter, Edison International came out with earnings of $1.42 per share versus the Zacks Consensus Estimate of $1.32 per share, representing a surprise of 7.58%. For the previous quarter, the company was expected to post earnings of $1.47 per share and it actually produced earnings of $1.87 per share, delivering a surprise of 27.21%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for Edison International lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Edison International has an Earnings ESP of +49.63% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 30, 2026.

When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

--(BUSINESS WIRE)--Edison International (NYSE: EIX): WHAT: Second Quarter 2026 Financial Results   WHEN: Thursday, July 30, 2026, 1:30-2:30 p.m. (PT)     NUMBERS: 888-673-9780 — for callers in the U.S. 312-470-0178 — for international callers   PASSCODE Edison   WEBCAST: www.edisoninvestor.com   REPLAY: In addition to the live conference call and webcast, a telephone replay will be available through August 13, 2026, at 6 p.m. (PT) at the following numbers: 800-685-6667 — for callers in the U.S.

ROSEMEAD, Calif.--(BUSINESS WIRE)--The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.8775 per share, payable on July 31, 2026, to shareholders of record on July 7, 2026. About Edison International Edison International (NYSE: EIX) is one of the nation's largest electric utility holding companies, focused on providing clean and reliable energy and energy services through its independent companies. Headquartered in Rosemead, Californi.

Edison power workers help repair power lines in Orange County, California, U.S., December 3, 2020. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab

April 28 (reuters) - Edison International (EIX.N), opens new tab beat expectations for first-quarter profit on Tuesday, as the utility benefited from higher ​electricity rates.

U.S. power companies are seeking higher ‌customer electricity rates, driven by surging demand from AI-focused data centers, increased domestic manufacturing and extreme weather events including ​wildfires.

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Southern California Edison, a subsidiary of Edison ​International, posted first-quarter core earnings of $1.65 per share, ⁠as it benefited from the adoption of its ​2025 general rate case final decision.

Regulated utilities, such ​as Southern California Edison, determine customer charges for services such as electricity, natural gas, private water and steam through rate case ​proceedings.

U.S. power consumption hit a record high in 2025 ​and is projected to keep climbing through 2027, according to ‌the ⁠EIA, driven largely by AI and crypto data centers, along with growing electrification of homes, businesses, and transportation.

The Rosemead, California-based utility posted adjusted earnings of $1.42 ​per share ​for the ⁠quarter ended March 31, compared with analysts' estimates of $1.31 per share, according to ​LSEG data.

Last month, Edison won the dismissal of ​a ⁠shareholder lawsuit that accused the company of defrauding investors by overstating its ability to reduce wildfire risk ⁠ahead ​of the January 2025 Los ​Angeles-area fires.

The utility company affirmed its 2026 adjusted profit guidance of $5.90-$6.20 ​per share.

Reporting by Anushka Chourasia; Editing by Tasim Zahid

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Edison International (EIX) Q1 2026 Earnings Call Transcript

Key Takeaways EIX Q1 adjusted EPS rose to $1.42, beating estimates by 7.6% and up 3.6% Y/Y.EIX Q1 operating revenues climbed 7.7% to $4.1B, topping consensus by 2.8%.EIX expenses jumped 80.6% and operating income fell to $1.07B; 2026 EPS guided at $5.86-$6.16. Edison International (EIX - Free Report) reported first-quarter 2026 adjusted earnings of $1.42 per share, which surpassed the Zacks Consensus Estimate of $1.32 by 7.6%. The bottom line also increased 3.6% from $1.37 in the year-ago quarter.

The company recorded GAAP earnings of $1.38 per share compared with $3.73 in the first quarter of 2025.

EIX’s Total RevenuesEdison International's first-quarter operating revenues totaled $4.1 billion, which beat the Zacks Consensus Estimate of $3.99 billion by 2.8%. The top line also increased 7.7% from the year-ago quarter’s figure of $3.81 billion.

Operational Highlights of Edison InternationalDuring the first quarter of 2026, EIX’s total operating expenses rose 80.6% year over year to $3.03 billion.

Purchased power and fuel costs decreased 7.4% year over year, while depreciation and amortization expenses rose 12.4% during the same time frame.

Operation and maintenance (O&M) costs increased 3.5% in the first quarter of 2026, whereas property and other taxes climbed 7.8%.

The operating income amounted to $1.07 billion during the first quarter of 2026 compared with $2.13 billion in the prior-year period.

Segmental Results of EIXSouthern California Edison’s first-quarter adjusted earnings were $1.65 per share compared with $1.61 in the year-ago quarter. The year-over-year increase was due to the adoption of the 2025 GRC final decision in the third quarter of 2025, partially offset by the absence of a benefit to interest expense related to cost recoveries authorized under the TKM Settlement Agreement in 2025.

Edison International Parent and Other incurred an adjusted loss of 23 cents per share compared with the year-ago quarter’s loss of 24 cents. The year-over-year decrease was due to lower preferred stock dividends.

Edison International’s Financial UpdateAs of March 31, 2026, Edison International's cash and cash equivalents amounted to $168 million compared with $158 million as of Dec. 31, 2025.

The long-term debt was $37.31 billion as of March 31, 2026, higher than the 2025-end level of $36.07 billion.

Net cash flow from operating activities during the first three months of 2026 was $1.43 billion compared with net cash flow of $1.22 billion in the prior-year period.

Total capital expenditures were $1.54 billion as of March 31, 2026, higher than $1.41 billion in the year-ago period.

EIX’s 2026 GuidanceEIX expects to generate earnings in the range of $5.86-$6.16 per share. The Zacks Consensus Estimate for earnings is currently pegged at $6.13 per share, which is at the higher end of the company’s guided range.

EIX’s Zacks RankEdison International currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Utility ReleasesCenterPoint Energy, Inc. (CNP - Free Report) reported first-quarter 2026 adjusted earnings of 56 cents per share, which missed the Zacks Consensus Estimate of 58 cents by 3.8%. However, the bottom line increased 5.7% from 53 cents in the year-ago quarter.

CNP generated revenues of $2.98 billion, which lagged the Zacks Consensus Estimate of $3.04 billion by 1.4%. However, the top line improved 2% from the year-ago reported figure of $2.92 billion.

PG&E Corporation (PCG - Free Report) reported first-quarter 2026 adjusted earnings per share (EPS) of 43 cents, which beat the Zacks Consensus Estimate of 39 cents by 10.3%. The bottom line also increased 30.3% from the year-ago quarter’s figure of 33 cents.

PCG reported first-quarter total revenues of $6.88 billion, up 15% from $5.98 billion registered in the year-ago period. The top line also surpassed the Zacks Consensus Estimate of $6.46 billion by 6.6%.

CMS Energy Corporation (CMS - Free Report) reported first-quarter 2026 EPS of $1.13, which outpaced the Zacks Consensus Estimate of $1.11 by 1.8%. The bottom line also increased 10.8% from $1.02 in the prior-year quarter.

Operating revenues totaled $2.73 billion, which topped the Zacks Consensus Estimate of $2.53 billion by 8.1%. The top line also increased 11.6% from $2.45 billion in the prior-year quarter.

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Value stocks are generally companies that trade at a price below their fundamental value or what their performance suggests they should be worth. Typically, these are shares of companies with solid fundamentals that are priced below those of their peers, based on an analysis of price-to-earnings ratios, yields, price-to-book ratios, and other relevant factors. Value stocks are often overlooked by the market or undervalued due to factors such as market volatility, economic downturns, or negative news surrounding the company, which may be temporary.

The BofA Securities Value 10 portfolio is generated quantitatively using the firm’s proprietary BofA Securities model. The analysts use the S&P 500 as their universe. We screened the current list for companies that pay dependable dividends and are trading at under 10 times price-to-earnings ratios, which could deliver solid total returns for the remainder of 2026. Here at 247 Wall St., we consistently emphasize the power of total return to our readers. This strategy can significantly boost your overall investing success. Total return is the combined increase in a stock’s value and the dividends it pays. All of the BofA Securities Value 10 picks are rated Buy.

Allstate This insurance giant raised its dividend by 8% in January and currently yields 1.89%. Allstate (NYSE: ALL | ALL Price Prediction), together with its subsidiaries, provides property, casualty, and other insurance products in the United States and Canada and trades at 5.6 times earnings.

It operates in five segments:

Allstate Protection Run-off Property-Liability Protection Services Allstate Health and Benefits Corporate and Other The company offers private passenger auto, homeowners, personal lines, and commercial insurance products through agents, contact centers, and online, as well as property and casualty insurance. It also provides consumer product protection plans, device and mobile data collection services, and analytic solutions using automotive telematics information, roadside assistance, protection, and insurance products, such as identity protection and restoration through:

Allstate Protection Plans Allstate Dealer Services Allstate Roadside Arity Allstate Identity Protection In addition, the company offers life, accident, critical illness, hospital indemnity, short-term disability, and other health insurance products; self-funded stop-loss and fully insured group health products to employers; Medicare supplement, ancillary products, and short-term medical insurance to individuals through independent agents, owned agencies, benefits brokers, and Allstate exclusive agents; and net investment income, net gains on investments, other revenue, debt service, holding company activities, and certain non-insurance operations.

The company also offers automotive protection, vehicle service contracts, guaranteed asset protection, road hazard tires and wheels, paintless dent repair protection, roadside assistance, mobility data collection services, and analytic solutions using automotive telematics information, identity theft protection, and remediation services.

BofA Securities has a huge $297 target price.

Edison International Trading at 6.2 times earnings with one of the highest dividends in the utility sector at 4.78%, this is a strong idea for the rest of 2026. Edison International (NYSE: EIX) is an electric utility holding company focused on providing clean and reliable energy and energy services through its independent companies. It is the parent holding company of Southern California Edison Company (SCE) and Trio.

SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central, and Coastal California.

Trio is a global energy advisory firm providing integrated sustainability and energy advisory services to large commercial, industrial, and institutional organizations in North America and Europe.

Trio provides integrated strategy and implementation solutions in:

Sustainability Renewables Energy procurement Conventional supply Energy optimization Transportation electrification The Bank of America target price is $80.

Synchrony Financial This fast-growing financial trades at 8.10 times estimated earnings and offers a 1.64% dividend yield. Synchrony Financial (NYSE: SYF) is a consumer financial services company focused on delivering digitally enabled product suites.

The company provides a range of credit products through financing programs established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers.

It offers private-label, dual-card, co-brand, and general-purpose credit cards, as well as short- and long-term installment loans, and savings products through Synchrony Bank. The company primarily manages its credit products through five sales platforms, such as:

Home & Auto Digital Diversified & Value Health & Wellness Lifestyle The bank offers a range of deposit products to retail, affinity, and commercial customers, including:

Certificates of deposit Individual retirement accounts (IRAs) Money market accounts Savings accounts Sweep and affinity deposits The Bank of America target price for the shares is $90.

Utilities stocks and the related ETFs have warded off interest rate disappointment this year. Indeed, they’ve delivered admirable performances, particularly in the context of the sector as a slow-moving bond proxy.

Talk of major consolidation and the sector’s clear inroads to the AI trade support utilities upside this year. To be sure, those are compelling reasons for investors who want to avoid stock-picking to examine utilities ETFs. They ought to include the Invesco S&P 500 Equal Weight Utilities ETF (RSPU) on their shopping lists.

As its name implies, the $534.1 million RSPU is an equal-weight ETF. That methodology is bearing fruit this year, as the Invesco ETF is beating several of its well-known cap-weighted rivals. Actually, that’s nothing new. RSPU beat the two largest ETFs in the categories by 700 basis points over the past three years. That’s in the past, but there are good reasons to consider the Invesco sector ETF today.

RSPU Holds Some of the Sector’s Best Names RSPU, which turns 20 years old in November, holds 32 stocks. That group includes stocks some experts consider the cream of the utilities crop, like Edison International (EIX), one of the dominant for-profit utilities in California. Edison is working through a drag created by costs tied to funding wildfire insurance; cash flow could prove sturdy.

“That earnings drag is much smaller after regulators approved recovery and securitization of $3.6 billion of costs related to the 2017-18 wildfire and mudslides,” noted Morningstar analyst Travis Miller. “That should boost cash in 2026. Settlement costs related to the Eaton fire could be a slight near-term drag, but provisions in California’s AB 1054 and SB 254 legislation should minimize long-term cash flow constraints.”

American Electric Power (AEP), another RSPU holding, is one of the biggest regulated utilities in the U.S. and another example of an RSPU component considered to be one of the sector’s top names. The company’s data center positioning may be one reason that’s the case.

“AEP’s system peak demand could increase by 63 gigawatts by year-end 2030, with load additions in Texas, the mid-Atlantic, and the southwest,” said Morningstar’s Andrew Bischoff. “Data centers account for more than 80% of this incremental load. The new demand is supported by either signed energy service agreements or letters of agreement, which give us confidence in the company’s growth outlook.”

FirstEnergy (FE), which operates in the Mid-Atlantic and Midwest regions, is another RSPU holding viewed as a potentially utility winner. A potential catalyst for upside with this RSPU holding is an improving balance sheet.

“FirstEnergy aims to strengthen its balance sheet and achieve its targeted 14%-15% funds from operations/debt ratio. Balance-sheet strength has been a major focus for investors,” observed Bischoff.

For more news, information, and strategy, visit the Innovative ETFs Content Hub.

SCE Delivers Payments to More Than 1,200 Community Members Impacted by Eaton Fire Southern California Edison today announced another milestone in recovery efforts following the Eaton Fire, with more than 1,200 individual claimants paid through the Wildfire Recovery Compensation Program.

“Every payment represents a step forward for someone after the Eaton Fire,” said Pedro J. Pizarro, president and CEO of Edison International, SCE’s parent company. “We remain focused on moving claims forward as efficiently and thoughtfully as possible, recognizing how important timely support is to recovery.”

Just this week, more than 250 individual claimants were paid.

As of May 21, 2026:

Nearly 3,400 claims submitted, consisting of about 10,200 individuals, trusts and legal entities. More than 1,750 offers extended to over 4,300 claimants, totaling nearly $600 million. More than 1,200 claimants paid, totaling $175 million, with many more in process. Fast Offers and Payments

The Wildfire Recovery Compensation Program is designed to offer compensation in line with settlement values for similar claims in past wildfire lawsuits, with a more streamlined and faster approach than litigation.

The comprehensive program includes owner and tenant claims for total and partial structure loss, commercial property loss, business interruption, non-burn damage (such as smoke, soot or ash), physical injury and loss of life.

Offers are delivered within 90 days of a fully documented, substantially complete claim. More than 70% have been accepted, with more pending. Payments are made within 30 days after all conditions in the settlement agreement have been satisfied. Many offers and payments are being processed in a fraction of that time. The program is voluntary and available through Nov. 30, 2026. Get Started

To submit a claim and access detailed guidance in English and Spanish, visit the Wildfire Recovery Compensation Program web page. For one-on-one assistance in multiple languages, call 888-912-8528. In-person appointments are also available to guide claimants through the requirements and help them get started. For firms representing multiple eligible claimants, a bulk intake process is available. Email the team to get started. Those who need help with advancing an existing claim, a status update or assistance with filing a new claim are encouraged to contact the dedicated support team at 888-912-8528.

About Southern California Edison

An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260521036048/en/

Bank of America’s (NYSE: BAC | BAC Price Prediction) Chief Investment Strategist Michael Hartnett adopted a cautious yet opportunistic stance in his latest Flow Show, warning that investors are approaching a pivotal juncture. He highlighted rising bond yields, elevated technology valuations, and evolving global capital flows as forces likely to trigger a rotation in market leadership. Despite the AI-fueled surge that has lifted major U.S. indexes to record highs, Hartnett sees attractive opportunities shifting toward previously neglected segments—including international equities, bonds, financials, and other value-oriented areas. At the core of his outlook: the trajectory of long-term Treasury yields will be the decisive variable. Their direction, he argues, will ultimately determine whether the current bull market broadens sustainably or risks a sharp correction. The bottom line: if yields on the 30-year bond move and stay above 5%, the economy could be in trouble.

We have covered Hartnett’s work for years here at 24/7 Wall St., and while he is by no means a perma-bear, his recent Flow-Show commentary for investors warned that many of the current valuations and metrics increasingly resemble the dot-com bubble era of 2000 to 2001. Hartnett continues to caution that many AI, semiconductor, and large-cap technology stocks are significantly overbought after their explosive rally. Instead, he sees more compelling opportunities in lagging sectors, particularly healthcare, defense, Treasury bonds, and select international markets.

Hartnett’s signature theme of being “long Detroit, short Davos” remains firmly in place. This means he continues to favor U.S. small- and mid-cap stocks, banks, real estate investment trusts (REITs), industrials, and other beneficiaries of the domestic economy, while steering clear of the Magnificent Seven and other richly valued global growth names. He expects rising political pressure ahead of the 2026 midterm elections to increasingly support policies focused on affordability, domestic investment, and lower interest rates.

One very disturbing statistic Hartnett pointed to was that recently, 21 stocks, which are roughly 4% of the S&P 500, accounted for all the new all-time highs while the headline index rose. This is an almost identical concentration pattern to the peak of the dot-com bubble in March 2000. He also noted that 331 S&P 500 stocks are trading at least 20% below their all-time highs, indicating that market breadth remains severely distorted.

We decided to screen our 24/7 Wall St. research database for dividend-paying companies in sectors Hartnett is positive on and that are rated Buy at Bank of America. We found five ideas that may interest investors concerned about the current state of the stock market and the economy.

Acadia Realty Trust This is a perfect idea for conservative growth and income investors, paying a dependable 3.63% dividend. Acadia Realty Trust (NYSE: AKR) is an equity REIT. The company is focused on the ownership, acquisition, development, and management of retail properties located primarily in high-barrier-to-entry, supply-constrained, densely populated metropolitan areas in the United States.

The company operates through three segments:

Core Portfolio, which consists primarily of retail properties located primarily in high-barrier-to-entry, densely populated metropolitan areas with a long-term investment horizon. Investment Management holds primarily retail real estate in which the Company co-invests with high-net-worth institutional investors. Structured Financing consists of earnings and expenses related to notes and mortgages receivable. The company has ownership interests in approximately 210 properties within its core portfolio and investment management.

Bank of America has a $24 target price.

American Healthcare REIT American Healthcare REIT (NYSE: AHR) is a self-managed REIT and is one of the bank’s top picks, as it resides on the US 1 list. With an aging global population, this company is in the right real estate silo and pays a 2.05% dividend to shareholders. It acquires, owns, and operates a diversified portfolio of clinical healthcare real estate properties, focusing primarily on senior housing, skilled nursing facilities, outpatient medical buildings, and other healthcare-related facilities in the United States, the United Kingdom, and the Isle of Man.

Its segments include:

Integrated senior health campuses OM, SHOP, and triple-net leased properties Its OM buildings are leased to multiple tenants under separate leases. Its integrated senior health campuses each provide a range of independent living, assisted living, memory care, skilled nursing services, and ancillary businesses.

Its triple-net leased properties include:

Senior housing Skilled nursing facilities Hospital investments SHOP includes senior housing, which may provide:

Assisted living care Independent living Memory care Skilled nursing services The BofA Securities target price for the shares is $36.

Edison International Trading in the middle of its 52-week range with one of the highest dividends in the utility sector at 4.88%, this is a strong idea for the rest of 2026. Edison International (NYSE: EIX) is an electric utility holding company focused on providing clean and reliable energy and energy services through its independent companies.

Edison is the parent holding company of Southern California Edison Company (SCE) and Trio. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central, and Coastal California. Meanwhile, Trio is a global energy advisory firm providing integrated sustainability and energy advisory services to large commercial, industrial, and institutional organizations in North America and Europe. It provides integrated strategy and implementation solutions in:

Sustainability Renewables Energy procurement Conventional supply Energy optimization Transportation electrification Bank of America has a $78 target price.

Getty Realty With a whopping 5.87% dividend, this is one of the top small-cap picks at Bank of America. Getty Realty (NYSE: GTY) is a net lease REIT specializing in the acquisition, financing, and development of convenience, automotive, and other single-tenant retail real estate.

The company’s portfolio includes approximately 1,137 freestanding properties located in 44 states across the United States and the District of Columbia. The portfolio is comprised of:

Convenience stores Express tunnel car washes Automotive service centers (gasoline and repair, oil and maintenance, tire and battery, and collision) Freestanding retail properties, including drive-thru quick service restaurants and automotive parts retailers. The company’s tenants operate under a variety of national and regional brands. They either operate their businesses at its properties directly or, in the case of certain convenience stores and gasoline and repair stations, sublet its properties and supply fuel to third parties who operate the businesses.

Bank of America has a $37 price objective.

KeyCorp This regional bank offers a sizable 3.84% dividend and outstanding growth prospects. KeyCorp (NYSE: KEY) is a bank-based financial services company that operates through its subsidiary, KeyBank National Association (KeyBank).

Through KeyBank and certain other subsidiaries, it provides a range of:

Retail and commercial banking Commercial leasing Investment management Consumer finance Student loan refinancing Commercial mortgage servicing and special servicing Investment banking products and services to individual, corporate, and institutional clients Its Consumer Bank segment serves individuals and small businesses by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity services, credit card services, treasury services, and more.

The Commercial Bank segment consists of the Commercial and Institutional operating businesses. The former focuses on serving clients’ borrowing, cash management, and capital markets needs.

Bank of America’s price target is $25.

More Than $650 Million Offered as SCE Continues Relief for Community Members Impacted by Eaton Fire Southern California Edison today announced that relief efforts for community members impacted by the Eaton Fire continue to advance, with over $650 million offered through the Wildfire Recovery Compensation Program. More than 70% of offers have been accepted, with additional decisions pending, as more participants move from claims to compensation.

“We know recovery doesn’t happen all at once — it happens one step at a time,” said Pedro J. Pizarro, president and CEO of Edison International, SCE’s parent company. “Each offer and payment represent a meaningful step forward, and we’re committed to helping more community members reach these points as quickly as possible.”

As of June 4:

More than 3,500 claims submitted, consisting of nearly 10,700 individuals, trusts and legal entities. Nearly 1,900 offers extended to more than 4,600 claimants, totaling over $650 million. Nearly 1,500 claimants paid, totaling over $200 million, with many more in process. Compensation amounts vary significantly based on the nature of a claim, from payments to renters with smoke and ash damage in Zone 2 of the Eligibility Area to larger payments for complex total losses. Available insurance also factors into certain compensation categories and payments from the program. Real examples include:

Average total for homeowner with total loss: $1,700,627 Average payment through the program: $754,204 Average insurance coverage: $946,423 Highest total for homeowner with total loss: about $6,061,000 Payment through the program: about $1,484,000 Available insurance coverage: about $4,577,000 Average payment for tenant with smoke and ash damage: $44,368 Lowest payment for tenant in Zone 2 with smoke and ash damage: $15,000 See how multiple forms of compensation come together in these examples.

On average, offers are being delivered within 35 days, well within the 90-day commitment following submission of a substantially complete claim. Payments are made within 30 days after all conditions in the settlement agreement have been satisfied. Many payments are being processed in a fraction of that time.

Submitting a claim, on average, takes under two hours. To date:

Over 70% of offers have been accepted, with more pending. 32% of claims submitted are by attorneys or authorized representatives. The Wildfire Recovery Compensation Program is designed to offer compensation in line with settlement values for similar claims in past wildfire lawsuits, with a more streamlined and faster approach than litigation. Whether pursued through litigation or SCE’s claims process, wildfire claims are typically resolved through a signed agreement. Through the Wildfire Recovery Compensation Program, this resolution — and compensation — can come much sooner.

Filing a claim does not waive a claimant’s rights. Receiving an offer does not waive rights either. The program is voluntary and available through Nov. 30, 2026.

Get Started

To submit a claim and access detailed guidance in English and Spanish, visit the Wildfire Recovery Compensation Program web page. For one-on-one assistance in multiple languages, call 888-912-8528. In-person appointments are also available to guide claimants through the requirements and help them get started. For firms representing multiple eligible claimants, a bulk intake process is available. Email the team to get started. About Southern California Edison

An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260604311884/en/

Southern California Edison today announced it will host a community meeting at Westminster Presbyterian Church in Pasadena on June 30, bringing together company leaders and program participants to share updates on the Wildfire Recovery Compensation Program and connect community members with resources to support recovery following the Eaton Fire.

The event will include a panel discussion with program participants who will share their experiences navigating the program and receiving compensation. To date, more than $675 million has been offered to community members through the program.

“SCE remains focused on helping Altadena community members recover by providing a path to fair and timely compensation,” said Pedro J. Pizarro, president and CEO of Edison International, SCE’s parent company. “Hearing directly from participants who have gone through the program is one of the most powerful ways to help others better understand the support available and how to access it.”

New Survey Provides Early Insight into Participant Experience

As part of ongoing efforts to better understand claimant experiences and improvement opportunities, SCE launched a survey on June 1 for participants who have received payment. While results are preliminary, the initial feedback from nearly 100 respondents provides insight into how participants view the program, with 82% reporting a favorable opinion of the program.

"Everyone we met was so nice and helpful. They conveyed a sense of genuine care for our situation," said Vicki Ruiz, a homeowner who experienced a total loss. "We were very satisfied with the settlement we received."

“It seemed daunting at first, but once I started, it was all pretty easy,” said another respondent. “I have encouraged everyone to apply.”

“How can anyone make a decision without knowing what the offer from SCE is?” asked another participant, emphasizing that attorneys have a responsibility to provide their clients with a complete view of all available options so they can make informed decisions about their path forward.

The Wildfire Recovery Compensation Program is designed to offer compensation in line with settlement values for similar claims in past wildfire lawsuits, with a more streamlined and faster approach than litigation. Filing a claim does not waive a claimant’s rights. Receiving an offer does not waive rights either. The program is voluntary and available through Nov. 30, 2026.

As of June 11:

Nearly 3,600 claims submitted, consisting of about 10,900 individuals, trusts and legal entities. More than 1,950 offers extended to nearly 4,800 claimants, totaling more than $675 million. Nearly 1,600 claimants paid, totaling almost $230 million, with many more in process. On average, offers are being delivered within 35 days, well within the 90-day commitment following submission of a substantially complete claim. Over 72% of offers have been accepted, with more pending. Payments are made within 30 days after all conditions in the settlement agreement have been satisfied. Many payments are being processed in a fraction of that time.

Register for the Community Meeting on June 30

The meeting will take place on Tues., June 30, from 6 p.m. to 8 p.m. at Westminster Presbyterian Church in Pasadena. Refreshments will be provided. Spanish translation will be available. In addition to a panel featuring program participants, SCE experts will also be available to help answer questions about rebuilding and recovery. To register and submit a question in advance, click here.

Get Started

To submit a claim and access detailed guidance in English and Spanish, visit the Wildfire Recovery Compensation Program web page. For one-on-one assistance in multiple languages, call 888-912-8528. In-person appointments are also available to guide claimants through the requirements and help them get started. For firms representing multiple eligible claimants, a bulk intake process is available. Email the team to get started. About Southern California Edison

An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260611458214/en/