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Still reeling from a recent regulatory setback in California, Edison International (EIX -6.14%) stock was dealt a fresh blow on Wednesday. An analyst tracking the California power utility made a deep cut to his price target; this, combined with generally gloomy sentiment on the company, drove the shares down by more than 6% on the day.

Power cut Aidan Kelly from JPMorgan Chase's JPMorgan was the lead prognosticator behind the reduction. In a new research note, the pundit changed his Edison price target to $61 per share, well down from his previous $82. However, he maintained his neutral recommendation on the utility stock.

Image source: Getty Images.

According to reports, Kelly's update was due to the aforementioned setback. The California legislature ended its current regular legislative session on Monday. Crucially for Edison in particular and the state's utilities in general, it did not take a vote on the controversial California Wildfire Liability Bill, which at one point had significant liability protections for utilities.

The analyst pointed out that this leaves Edison vulnerable, as its key subsidiary, Southern California Edison, has been hit with multiple lawsuits alleging its liability in the early 2025 Eaton fire.

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High vulnerability Edison's stock fell off a cliff when the legislature wrapped its session without voting, and I'm not convinced it's hit bottom yet. That situation with the Eaton fire is potentially a massive issue for the company, and it seems as if those originally proposed protections are too politically volatile. I'd avoid this stock for now.

JPMorgan Chase is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a disclosure policy.

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One legislative move sent utility stocks (PCG) (EIX) from defensive to combustible. (00:14) Shein finally hit the market. (02:09) A new Airbnb (ABNB) experiment could leave hosts with a bigger slice of every booking. (02:45)

This is an abridged transcript.

Lawmakers in California will vote on a bill today that would increase accountability for utilities that cause wildfires, which would hit companies like PG&E (PCG) and Southern California Edison parent Edison International (EIX).

The Senate Bill 492 includes limits on executive compensation if the utility causes a catastrophic wildfire, a fast-pay program for wildfire victims, and a ban on transferring or selling any wildfire claim to a private equity group.

This is an update to a story we briefly mentioned on Wall Street Breakfast and Wall Street Lunch on Monday.

PG&E (PCG), Edison International (EIX), and Sempra (SRE) plunged 20%, 23%, and 3%, respectively, on Monday after California lawmakers over the weekend introduced wildfire legislation that blocked Gov. Gavin Newsom's proposal to prevent insurance companies from suing utilities for wildfire-related claims.

If California's wildfire liability fund runs out of money, the Senate Bill 492 would require PG&E (PCG) to pay nearly 48% of the fund, and the costs of those contributions cannot be passed on to ratepayers.

Edison (EIX) faces the additional burden of the January 2025 Eaton Fire, which California investigators attributed to Southern California Edison equipment and which could generate billions of dollars in claims, making the failure to reform the state's liability structure particularly consequential.

Mizuho Securities downgraded PG&E (PCG), Edison (EIX), and Sempra (SRE) to Neutral from Outperform, saying the state legislature "largely blocked" Newsom's push to shield utilities and that, overall, the bill is not good for investors.

PG&E (PCG) shares were downgraded to Equal Weight from Overweight with a $24 price target at Wells Fargo, citing the lack of a meaningful wildfire liability backstop.

PG&E (PCG) also was cut to Market Perform from Outperform with a $21 PT at BMO Capital.

Shares of Shein (SHEIN) tumbled about 10% in early Hong Kong trading before paring losses to trade down 4% by lunchtime on Tuesday.

The Singapore-headquartered company sold about 280 million shares in its initial public offering, raising around 13.60 billion Hong Kong dollars ($1.74 billion) after the final offer price was set at HK$48.56 per share, below the maximum offer price of HK$49.5.

Known globally for selling $5 tops and $10 dresses, the IPO valued Shein at around $26.5B, far below its 2022 peak of nearly $100B.

Airbnb (ABNB) is testing a program in the U.S. that would lower the fees paid by some hosts to as little as 6%.

Bloomberg reported that the program is being offered to select hosts who use third-party software to manage their listings. Participating hosts can generate a unique Airbnb booking link and share it with potential guests.

When a guest makes a reservation through the link, Airbnb's take rate is reduced to either 6% or 10%, compared with the company's average take rate of 16%, the report said.

Some hosts have been directing guests to their own websites to retain more of the booking revenue.

Airbnb (ABNB) has not disclosed how many U.S. hosts are participating in the lower-fee program or whether it plans to expand the reduced fees more broadly.

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The three-day Commercial UAV Expo will begin in Las Vegas. The expo will include manufacturers, software and sensor suppliers, service providers, regulators, and enterprise/public-sector drone users. Notable exhibitors include Amazon Prime Air (AMZN), DJI, and Ouster (OUST).

McDonald's (MCD) will bring back its popular Spicy Chicken McNuggets limited-time offering to its national menu.

Kontoor Brands (KTB) will hold a Helly Hansen Investor Day event.

Dell (DELL) will hold its earnings conference call. Key topics will be the color on AI-server and broader infrastructure demand, along with management’s commentary on order trends, margins, supply availability, and the new outlook. Options trading implies a 10% share price swing after the report is released. Intel (INTC) is a major supplier to Dell, with 19% of its revenue coming from the laptop maker. Over the last few years, Intel has traded in the same direction as Dell 88% of the time after the earnings release.

Stock index futures are in the red.

Crude oil is up 2.4% at $87. Brent crude is up 1.9% at $92.

The FTSE 100 is down 1.1% and the DAX is down 1.2%.

One stock on the biggest movers list: NIO (NIO) -4% - Shares slipped ahead of the EV maker's upcoming Q2 results, despite reporting a 14.5% Y/Y increase in August deliveries to 35,836 vehicles.

Economic calendar:

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California electric utility stock Edison International (EIX -23.34%) crashed 24.2% through 2 p.m. ET Monday after a legislative effort in Sacramento to limit utilities' exposure to lawsuits from insurance companies fell apart over the weekend.

Image source: Getty Images.

Today's news in California As Sacramento NBC affiliate KCRA 3 reports, Gov. Gavin Newsom was promoting legislation that would partially insulate Edison International and similar utilities from liability for wildfires caused when their equipment malfunctions. When homes are destroyed in a wildfire, homeowners file home insurance claims with their insurance companies -- which in turn try to "subrogate" their liability by suing the electric utility they deem responsible for the fire.

The legislation in question would have prevented insurance companies from suing utility companies, resulting in the insurers -- not the utilities -- bearing the cost of wildfires. Problem is, the insurers point out that if they're required to bear the full cost of wildfires that result from circumstances outside their control (and more within the utilities' control), they'll need to raise customers' insurance premiums, or even drop insurance for homeowners in high-risk areas.

This argument ultimately prevailed, and legislators refused to go along with the Governor's proposal.

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What's next for Edison International It's not a total loss for Edison International. Compromises proposed over the weekend seek to at least discourage frivolous lawsuits by limiting the attorneys' fees that law firms receive after filing wildfire-damage suits. Also, utility company CEOs may be denied bonuses in years their companies cause wildfires.

But the really big ask -- ending subrogation lawsuits -- failed. That's bad news for Edison International stock, and this morning Mizuho Bank downgraded Edison stock to neutral, and lowered its price target to $70.

Investors today seem to think it's worth even less than that.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

California utility stocks tanked after Gov. Gavin Newsom and state legislators reached a deal on bill effectively limiting the liability related to wildfire damages faced by insurers. S&P 500 stocks Edison International (EIX) sold off 10% and PG&E (PCG) plummeted 15%, according to MarketSurge.

The two companies were the worst-performing names in the S&P 500 on Monday morning.

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Meanwhile, Sempra (SRE), the holding company that owns San Diego Gas & Electric (SDG & E) and Southern California Gas Company, was down about 3.5%.

The bill pitted insurance companies against utility providers over the question of who would pay for wildfire damages caused by faulty utility-owned equipment. At the heart of the matter is the right insurers to sue utility companies to recoup the insurance payouts made in the aftermath of wildfires. This legal maneuver, known as subrogation, helps hold down insurance rates. But it can force utility companies to charge ratepayers — ordinary customers — higher prices in order to cover the cost of such liabilities.

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However, insurance companies have found that their subrogation rights are valuable in their own right. They have taken to selling them on the open market to private equity shops and other investment firms. These then sue the utility companies, seeking the payout for themselves. The new bill would limit the sale of those rights.

It would also deny utility executives bonuses in years that their companies cause deadly wildfires.

Newsom Calls Bill 'Real Progress'
In 2019, PG&E declared bankruptcy following liability claims for a wildfire that happened a year earlier. High voltage power lines owned by the Southern California Edison caused the 2025 Eaton Fire near Los Angeles. The Eaton Fire went on to become the second-most expensive wildfire in California history, according to Cal Fire.

A January 2025 report from Verisk estimated losses from the Eaton fire at between $8 billion and $10 billion.

Newsom had originally advocated for a more expansive version of the bill that also capped the amount utilities would have to pay insurers. Doing so would lower costs for utilities, which means they wouldn't hike prices for consumers, Newsom argued.

Newsom framed the deal as an initial step in the right direction.

"This system needs full structural reform — not a partial one," Newsom said in a statement Saturday following the legislative deal. "I urge the Legislature to build on this progress next year and finish the work we started to secure the Wildfire Fund's long-term durability, stabilize electricity rates, and ensure fire victims are never again turned into unsecured creditors in a bankruptcy proceeding."

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ROSEMEAD, Calif.--(BUSINESS WIRE)--Millions of Southern California Edison customers are receiving a combined $72 credit on their summer electricity bills, applied automatically during August and September when energy use is high. No action is required to receive the climate credit, which the California Public Utilities Commission shifted to peak summer months this year to help provide bill relief when it's needed most. The credit adds to a year of savings for SCE customers, with rates down an a.

SCE Calls for Comprehensive Wildfire Reform to Protect Communities and Keep Bills Affordable Californians need durable wildfire reform that protects fire survivors, keeps bills affordable and supports critical investments required to make the grid safer and more resilient. The amended Senate Bill 492 does not deliver that reform.

Urgent action is needed to establish a lasting solution that prioritizes the needs of wildfire survivors and stabilizes electricity rates. Instead, SB 492 would not ensure that fire survivors have access to wildfire funds first, would not tackle policies that delay recovery and would not address the stable financing framework utilities need to support California’s climate goals and deliver affordable, reliable electricity in a time of increasing demand.

Southern California Edison will engage with the next governor and legislature to finish the work needed to address the state’s wildfire risk. California's wildfire policies must evolve with the changing climate. Only comprehensive reform can deliver the support fire survivors need, protect customers and enable SCE to access capital at a reasonable cost to build a safer, more resilient future.

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/20260830760008/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Allworth Financial LP bought a new position in Edison International (NYSE:EIX – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 34,730 shares of the utilities provider’s stock, valued at approximately $2,586,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Avior Wealth Management LLC lifted its stake in Edison International by 4.7% in the second quarter. Avior Wealth Management LLC now owns 2,956 shares of the utilities provider’s stock worth $220,000 after purchasing an additional 134 shares during the last quarter. Equitable Trust Co. grew its position in Edison International by 0.8% during the 1st quarter. Equitable Trust Co. now owns 19,616 shares of the utilities provider’s stock worth $1,435,000 after acquiring an additional 148 shares during the last quarter. Altshuler Shaham Ltd grew its position in Edison International by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock worth $42,000 after acquiring an additional 155 shares during the last quarter. UMB Bank n.a. increased its stake in Edison International by 5.3% in the 4th quarter. UMB Bank n.a. now owns 3,169 shares of the utilities provider’s stock worth $190,000 after purchasing an additional 159 shares during the period. Finally, Paladin Wealth LLC increased its stake in Edison International by 6.3% in the 2nd quarter. Paladin Wealth LLC now owns 3,035 shares of the utilities provider’s stock worth $226,000 after purchasing an additional 181 shares during the period. 88.95% of the stock is currently owned by institutional investors.

Analyst Ratings Changes EIX has been the subject of a number of analyst reports. Weiss Ratings lowered Edison International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Truist Financial decreased their target price on shares of Edison International from $81.00 to $77.00 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Morgan Stanley lowered their price target on shares of Edison International from $69.00 to $65.00 and set an “underweight” rating for the company in a report on Friday. Mizuho increased their price target on shares of Edison International from $79.00 to $86.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. raised their price target 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. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $72.45.

Read Our Latest Analysis on Edison International Edison International Stock Performance Edison International stock opened at $71.51 on Friday. The stock’s 50 day simple moving average is $74.13 and its two-hundred day simple moving average is $71.97. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. The stock has a market cap of $27.52 billion, a price-to-earnings ratio of 7.37, a PEG ratio of 5.80 and a beta of 0.66. Edison International has a fifty-two week low of $52.00 and a fifty-two week high of $81.62.

Edison International (NYSE:EIX – Get Free Report) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.36. Edison International had a return on equity of 15.53% and a net margin of 20.30%.The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the prior year, the company earned $0.97 EPS. The business’s revenue was down 4.1% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, analysts expect that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 7th were given a dividend of $0.8775 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $3.51 annualized dividend and a yield of 4.9%. Edison International’s dividend payout ratio (DPR) is currently 36.19%.

Edison International Profile (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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Southern California Edison today announced a series of additional events in August where community members directly impacted by the Eaton Fire can learn more about the Wildfire Recovery Compensation Program and get help starting a claim. To date, nearly 13,300 participants have already sought compensation directly through the program.

“We want community members to have easy access to information and support as they consider their recovery options,” said Pedro J. Pizarro, president and CEO of Edison International, SCE’s parent company. “These community events are an opportunity to ask questions, learn more about the program and get help before the Nov. 30 deadline.”

As of Aug. 19, 2026:

More than 4,350 claims submitted, consisting of nearly 13,300 individuals, trusts and legal entities, with 38% submitted by attorneys or authorized representatives.More than 2,450 offers extended to over 6,000 claimants, totaling more than $830 million.More than 3,000 claimants paid, totaling nearly $450 million, with many more in process.The program has already helped residents such as Mary Jo Peterson, a longtime Altadena resident whose apartment was destroyed in the Eaton Fire.

“It was quite impressive to me from the moment I read about it. I said to my son, ‘Honey, there’s someone that wants to acknowledge what we went through,’” said Peterson. “The money came at a time where I was able to move full-time into my forever home.”

It takes about two hours to submit a claim. Offers are being delivered within 35 days, on average, well within the program’s 90-day commitment following a substantially complete submission. Payments are made within 30 days after all conditions in the settlement agreement have been satisfied, with many claimants receiving payment in as little as two to three weeks.

Upcoming Community Events

Ahead of the Nov. 30 claim submission deadline, SCE is bringing information about the Wildfire Recovery Compensation Program directly into the community through the following events.

Thursday, Aug. 20, 9 a.m. to 3 p.m.
Eaton Fire Senior Summit
Pasadena Hilton Hotel, 168 S. Los Robles Ave., Pasadena

Thursday, Aug. 27, 4 to 8 p.m.
South Pasadena Farmers Market
Mission A Line Station, 905 Meridian Ave., South Pasadena

Saturday, Aug. 29, 5 to 7 p.m.
I Love Downtown Arcadia Community Night
Transit Plaza, 200 N. First Ave., Arcadia

Explore Your Options

Community members can learn about the program, submit a claim and review any offer before deciding whether to accept it. Filing a claim does not waive a claimant's rights. Receiving and evaluating an offer does not waive rights either.

Visit the Wildfire Recovery Compensation Program web page to get started.For one-on-one assistance in multiple languages, call 888-912-8528. In-person appointments are also available to help claimants understand the requirements and prepare a claim.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/20260819902408/en/

Income investors do not all want the same thing. Some want a REIT dividend that grows steadily and sleeps well at night. Others want double-digit yield and can stomach book value swings. This bundle stacks five U.S.-listed dividend payers from lowest to highest yield, spanning a regulated utility with 22+ years of uninterrupted dividend growth at one end to an agency mortgage REIT paying 17.6% at the other. Safety leads for each name, then the bull case, then one caveat.

Invitation Homes (INVH): The Anchor Invitation Homes sits at the conservative end of this bundle. Invitation Homes (NYSE:INVH | INVH Price Prediction) yields 3.93% at a share price of $30.25, with a quarterly payout of 30 cents after a bump from 29 cents earlier this year.

The safety read is straightforward. Management guided FY2025 AFFO per share to $1.60 to $1.64, comfortably above the $1.20 annualized forward dividend. Q3 2025 core FFO landed at 47 cents per share, same-store NOI grew 1.1% YoY, and the balance sheet carries $174.49 million in cash against $9.76 billion of shareholder equity. The board also authorized a $500 million share repurchase program in October 2025. Dividend cadence has been 38 consecutive quarterly payments since 2017, with the per-share dividend rising from $0.11 in 2018 to $0.30 in 2026.

Bull case: This is the largest single-family rental REIT in the country, generating rent from a diversified portfolio of Sun Belt homes with pricing power. Analysts sit at an average target of $32.26 with no sell ratings currently.

The caveat: margin pressure. Management has flagged increasing property operating and maintenance costs, and the stock is still down 10.84% over five years even after a 10.76% year-to-date bounce.

Edison International (EIX): The Growing Utility Dividend Edison International (NYSE:EIX) yields 5.16% at $68.02, with a quarterly dividend of 87 cents. This marks the 22nd consecutive year of dividend growth, verified in the historical payout table stretching from 20 cents quarterly in 2004 to 87 cents today.

Safety is anchored by regulated utility economics. Management targets a payout ratio of 45% to 55% of SCE core earnings, with 2026 core EPS guidance of $5.90 to $6.20. Q1 2026 core EPS came in at $1.42, beating the $1.33 estimate. Edison also projects 5% to 7% core EPS CAGR through 2030, funded by a $38 to $41 billion capital plan with no new equity issuance planned through 2030.

Bull case: this is one of the few utilities offering a starting yield near 5% combined with a self-described total return recipe of roughly 5% dividend yield plus 5% to 7% EPS growth. The stock has already ripped 57% over the past year as fears eased.

The caveat: legal and physical concerns. Wildfire liability tied to the Eaton Fire, where SCE equipment is likely associated with ignition and management cannot yet estimate potential losses.

Omega Healthcare Investors (OHI): High-Yield Skilled Nursing Omega Healthcare Investors (NYSE:OHI) yields 5.55% at $48.46, with a stable quarterly dividend of 67 cents that has held at this level from Q2 2020 through present.

Coverage is the strongest story here. Q1 2026 AFFO came in at 82 cents per diluted share, and management raised full-year AFFO guidance to $3.19 to $3.25 per diluted share versus the $2.68 annualized dividend. Operator health improved too: trailing EBITDAR coverage reached 1.58x and occupancy sits at 82.6%. Leverage is at the lowest level in company history, and Omega refinanced into a new $2.3 billion senior unsecured credit facility.

CEO Taylor Pickett flagged the setup on the Q1 call: “We are pleased to report strong first quarter results, with FAD per share up 9.5% over the same quarter last year.”

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Bull case: reliable payout, improving coverage and $1.1 billion deployed into new deals in 2025.

The caveat: tenant concentration risk. Genesis Healthcare has been in Chapter 11 since July 2025, and 18 underperforming CommuniCare facilities (trailing EBITDAR coverage of only 0.87x) are being sold for $480 million.

Ellington Financial (EFC): Ultra-High-Yield Credit mREIT Ellington Financial (NYSE:EFC) is where this bundle crosses into ultra-high-yield territory, yielding 11.8% at $13.22. The company pays 13 cents monthly, providing 12 income events per year.

Dividend coverage is the pitch. Q1 2026 Adjusted Distributable Earnings landed at 55 cents per share versus the 39-cent quarterly dividend, leaving a 16-cent cushion. ADE has exceeded the dividend in every recent quarter. Book value climbed to $13.56 in Q1 2026 from $13.16 in Q4 2025, and annualized economic return hit 26%. The company also retired its highest-cost preferred equity, cutting liquidation preference from $345 million to $230 million, and closed a $400 million inaugural Moody’s/Fitch-rated senior unsecured notes offering.

CEO Laurence Penn summarized it: “Adjusted distributable earnings continued to outpace dividends, supported by high yields and steady credit performance from our loan portfolios, as well as securitization gains at Longbridge.” The Longbridge reverse mortgage segment alone added 47 cents per share to net income in Q1.

The caveat: Inherent to credit mREITs, EFC’s net interest margin compression risk and sensitivity to credit spreads, with Q4 2025 already showing a GAAP miss on unrealized losses.

Invesco Mortgage Capital (IVR): The Ultra-High-Yield Extreme Invesco Mortgage Capital (NYSE:IVR) sits at the far end of the yield curve, at 19.19% with the shares at $7.44. IVR shifted from quarterly to monthly payments beginning January 2026, paying 12 cents per month, or $1.44 annualized.

Safety here is the least comfortable in the bundle. Q1 2026 Earnings Available for Distribution came in at 55 cents per share, covering the 36-cent quarterly common dividend. But GAAP produced a net loss of 28 cents per share, book value dropped 7.3% to $8.08, and economic return was -3.2%. Leverage sits at 7.5x debt-to-equity, elevated for the sector.

Bull case: Incoming CEO Kevin Collins pointed to industry tailwinds, including Fannie Mae/Freddie Mac plans to purchase $200 billion in Agency RMBS. Collins noted, “Risk sentiment has improved entering the second quarter, supported by a decline in interest rate volatility.” Cost of funds also improved to 3.92% from 4.20% in Q4 2025, and unrestricted cash plus unencumbered investments stood at $493.1 million.

The caveat: capital preservation. Over ten years, IVR is down 71.22% on price. This is a yield vehicle first and foremost.

Tying the Bundle Together The spine of this bundle is the yield staircase: from Invitation Homes at 3.93% up through Edison at 5.16%, Omega at 5.55%, Ellington Financial at 11.8% and Invesco Mortgage Capital at 19.19%. Coverage tightens as yield rises, and price volatility rises with it. INVH, EIX, and OHI offer the strongest dividend track records with growing or long-stable payouts. EFC and IVR pay monthly and cover their distributions on ADE/EAD basis, but book value swings and leverage make them position-size decisions rather than core allocations.

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Contact [email protected] for any questions or corrections.

On August 05, 2026, Edison International (EIX) shares fell 3.4% to $68.32, marking a significant drop in the context of its recent performance. The stock has fl

Nine months after launching its [url="]Wildfire Recovery Compensation Program[/url], Southern California Edison today announced that community members directly

Key Takeaways Edison International's Q2 core earnings surged 58.8% to $1.54 per share, beating estimates by 51%.Revenues fell 4.1% to $4.36 billion and missed the consensus estimate by 7.7%.Edison International reaffirmed 2026 core earnings guidance of $5.90-$6.20 per share. Edison International (EIX - Free Report) reported second-quarter 2026 core earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.02 by 51%. The bottom line surged 58.8% from 97 cents in the year-ago quarter, primarily reflecting Southern California Edison’s adoption of the 2025 General Rate Case final decision.

The company recorded GAAP earnings of $1.39 per share compared with 89 cents in the second quarter of 2025.

EIX’s Total RevenuesEdison International's second-quarter operating revenues totaled $4.36 billion, which missed the Zacks Consensus Estimate of $4.72 billion by 7.7%. The top line also decreased 4.1% from the year-ago quarter’s figure of $4.54 billion.

EIX's Cost ProfileTotal operating expenses declined to $3.27 billion from $3.77 billion. Operation and maintenance expenses fell to $1.07 billion from $1.58 billion, while purchased power and fuel costs decreased to $1.14 billion from $1.16 billion.

Depreciation and amortization increased to $834 million from $826 million. Property and other taxes rose to $171 million from $168 million.

Operating income climbed to $1.09 billion from $0.78 billion. Interest expense increased to $514 million from $504 million.

Segmental Results of EIXSouthern California Edison generated core earnings of $672 million, up from $474 million in the second quarter of 2025. Core earnings per share increased to $1.74 from $1.23, primarily due to the adoption of the 2025 General Rate Case final decision in the third quarter of 2025.

Edison International Parent and Other reported a core loss of $80 million, narrower than the year-ago loss of $100 million. The core loss per share improved to 20 cents from 26 cents, primarily due to lower preferred stock dividends.

Edison International’s Financial UpdateAs of June 30, 2026, Edison International's cash and cash equivalents amounted to $242 million compared with $158 million as of Dec. 31, 2025.

The long-term debt was $37.09 billion as of June 30, 2026, higher than the 2025-end level of $36.07 billion.

Net cash flow from operating activities during the first six months of 2026 was $2.7 billion compared with net cash flow of $2.11 billion in the prior-year period.

Total capital expenditures were $3.39 billion as of June 30, 2026, higher than $3.12 billion in the year-ago period.

EIX Reaffirms Its Earnings OutlookEdison International reaffirmed its 2026 core earnings guidance of $5.90-$6.20 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.

The company also maintained its 2027 core earnings forecast of $6.25-$6.65 per share and its 2028 outlook of $6.74-$7.14. Management continues to target core earnings growth of 5-7% annually from 2025 through 2030.

EIX’s Zacks RankEdison International currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Operating revenues totaled $1.83 billion, which missed the Zacks Consensus Estimate of $1.91 billion by 4.2%. The top line also fell 0.5% from $1.84 billion in the prior-year quarter.

Entergy Corporation (ETR - Free Report) reported second-quarter 2026 earnings of $1.03 per share, which beat the Zacks Consensus Estimate of 94 cents by 9.6%. However, the bottom line decreased 1.9% from the year-ago quarter’s figure of $1.05.

Revenues rose 5.9% year over year to $3.52 billion but missed the consensus mark of $3.53 billion by 0.08%.

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Posted by Defense World Staff on Jul 31st, 2026

Amundi cut its stake in shares of Edison International (NYSE:EIX – Free Report) by 1.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,811,490 shares of the utilities provider’s stock after selling 45,963 shares during the period. Amundi owned about 0.73% of Edison International worth $205,748,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Edison International by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 52,220,399 shares of the utilities provider’s stock worth $3,134,268,000 after purchasing an additional 480,726 shares during the period. State Street Corp increased its stake in shares of Edison International by 3.0% in the fourth quarter. State Street Corp now owns 33,141,204 shares of the utilities provider’s stock worth $1,989,135,000 after purchasing an additional 953,800 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Edison International by 69.9% during the 4th quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider’s stock valued at $1,097,475,000 after purchasing an additional 7,521,168 shares during the period. Geode Capital Management LLC raised its position in shares of Edison International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 13,018,379 shares of the utilities provider’s stock valued at $803,407,000 after purchasing an additional 386,905 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Edison International by 12.3% during the 4th quarter. Northern Trust Corp now owns 6,070,324 shares of the utilities provider’s stock valued at $364,341,000 after buying an additional 662,477 shares in the last quarter. Institutional investors own 88.95% of the company’s stock.

Wall Street Analysts Forecast Growth Several research analysts recently weighed in on EIX shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Edison International in a report on Monday, July 13th. Seaport Research Partners cut Edison International from a “buy” rating to a “neutral” rating in a report on Monday, April 20th. Morgan Stanley restated an “underweight” rating and issued a $69.00 price objective on shares of Edison International in a research report on Wednesday, July 22nd. Bank of America dropped their price objective on Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Finally, Truist Financial cut their target price on Edison International from $82.00 to $79.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $72.64.

View Our Latest Stock Analysis on EIX

Key Headlines Impacting Edison International Here are the key news stories impacting Edison International this week:

Positive Sentiment: Edison reported second-quarter adjusted core earnings of $1.54 per share, up from $0.97 a year earlier and above analyst estimates ranging from $1.02 to $1.18. GAAP net income also rose to $534 million from $343 million, providing the main catalyst for the stock’s gain. Edison International Beats Q2 Earnings Estimates Positive Sentiment: The company reaffirmed its 2026 core EPS guidance of $5.90 to $6.20, supporting earnings visibility. Southern California Edison also outlined plans to install 450 miles of covered conductor, a wildfire-prevention investment that could strengthen system reliability and reduce long-term fire risk. Edison Reaffirms 2026 Core EPS Guidance Neutral Sentiment: Management’s guidance remains broadly consistent with expectations, but the $6.05 midpoint is modestly below the approximately $6.12 analyst consensus. Investors may therefore look for evidence that grid investment, rate-case support and demand growth can sustain the earnings trajectory. Edison International Q2 Earnings Call Transcript Negative Sentiment: Revenue totaled $4.36 billion, below the $4.82 billion consensus estimate and down 4.1% year over year. The revenue shortfall may limit enthusiasm despite the substantial earnings improvement. Edison International Reports Second Quarter 2026 Results Edison International Price Performance NYSE:EIX opened at $78.75 on Friday. The company has a market capitalization of $30.30 billion, a P/E ratio of 8.55, a P/E/G ratio of 6.11 and a beta of 0.66. The business’s 50-day moving average is $74.29 and its 200 day moving average is $70.99. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.98. Edison International has a 12 month low of $51.01 and a 12 month high of $81.62.

Edison International (NYSE:EIX – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.36. The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.82 billion. Edison International had a return on equity of 14.56% and a net margin of 19.27%.The company’s revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, equities research analysts forecast that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 7th will be paid a dividend of $0.8775 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $3.51 dividend on an annualized basis and a yield of 4.5%. Edison International’s dividend payout ratio is presently 38.11%.

Edison International Company Profile (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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Why Wall Street Is Betting on These 3 Comeback StocksEdison International NYSE: EIX reported second-quarter 2026 core earnings per share of $1.54, compared with $0.97 a year earlier, and reaffirmed its full-year core EPS guidance of $5.90 to $6.20. Year-to-date core EPS totaled $2.97.

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President and Chief Executive Officer Pedro Pizarro said the company’s first-half performance supported its confidence in its 2026 outlook and in its long-term target for 5% to 7% core EPS growth. Executive Vice President and Chief Financial Officer Aaron Moss said quarterly results reflected regulatory decisions made last year, including Southern California Edison’s general rate case decision, as well as lower interest expense associated with Woolsey Fire cost recovery.

NRG Fastest Mover in S&P As Activist Investor Pushes For ChangeMoss, delivering his first earnings report as CFO, said the company’s parent-and-other core loss improved by $0.06 year over year, primarily due to financing benefits from preferred-stock redemptions initiated late in 2025 and completed during the first quarter.

Wildfire Legislation Remains a Key Uncertainty Management said it remains engaged with California’s governor’s office, legislators and other stakeholders on wildfire reform and customer affordability. Pizarro said the current wildfire framework is creating increasing pressure on customers, communities and the cost of financing utility investments needed to support California’s climate goals.

While the company said it is encouraged by Sacramento’s focus on the issue, Pizarro cautioned that the legislative outcome remains uncertain. Southern California Edison, or SCE, has approved capital-spending visibility through 2028 under its current general rate case authorization, and Pizarro said Edison can execute that plan without an equity need. The company also continues to see no need for equity through 2030 based on its extended outlook.

However, Pizarro said the quality of the legislative outcome could affect the company’s future capital allocation. A durable and financeable framework could help preserve access to lower-cost capital, while an outcome that lacks predictability could raise financing costs and make investments more expensive for customers.

During the question-and-answer session, Pizarro said the company would assess any legislative package after the session concludes. If the outcome materially changes Edison’s cost of equity, management would need to avoid making decisions with negative net present value for investors while continuing to meet safety and reliability obligations.

He also said California affordability concerns extend beyond electricity rates, with housing costs representing a major affordability pressure for customers. Still, he said a failure to enact a credit-supportive wildfire framework could increase debt costs that are ultimately passed through to utility customers.

Wildfire Mitigation and Eaton Fire Recovery SCE filed its Risk Assessment Mitigation Phase, or RAMP, application in May, outlining proposed investments related to wildfire risk, transmission and distribution reliability, cybersecurity, climate adaptation and other safety measures. Moss said the application includes approximately $2.5 billion of spending, or slightly more than one-third of the company’s expected general rate case request.

For the 2029 through 2032 period, SCE’s preliminary RAMP estimates include about 450 miles of additional covered conductor and approximately 190 miles of targeted undergrounding. Pizarro said the utility is using enhanced wildfire-risk modeling, climate-informed analysis and broader failure scenarios to prioritize projects where potential consequences to communities are greatest.

SCE has hardened about 90% of its roughly 16,800 distribution-line miles in high-fire-risk areas, including nearly 7,200 miles of covered conductor, Moss said. Since January 2025, the utility has deployed about 800 miles of covered conductor and roughly 90 miles of undergrounding, including work in all rebuild areas. Pizarro said SCE has not experienced a covered-conductor failure associated with the risks the technology is designed to address.

Regarding the Eaton Fire, Pizarro said SCE’s revised 10-Q wording stating that its equipment was likely associated with the events reflected the passage of time and the absence of viable alternative explanations based on information currently available. He said the company continues to view liability as probable, while noting that weather and other factors affected the extent of the fire.

SCE’s Wildfire Recovery Compensation Program has extended more than 2,200 offers totaling over $775 million to more than 12,300 community members affected by the Eaton Fire. Moss said that, combined with subrogation settlements, the company has crossed the $1 billion threshold for California Wildfire Fund reimbursement. SCE has arranged pre-funding mechanisms with the California Earthquake Authority, the fund’s administrator, so it does not have to fund those claim payments out of pocket.

Pizarro said the volume of compensation-program settlements and insurer settlements remains insufficient to estimate the low end of Edison’s potential Eaton Fire liability range under GAAP accounting principles. He added that more than 30,000 claims have been filed in litigation. The company has settled two insurer subrogation claims at about $0.55 on the dollar.

Capital Plan, Financing and Operational Initiatives Moss said Edison’s capital plan is driven by infrastructure replacement, wildfire mitigation and growing electrification demand, supporting long-term rate-base growth of about 7%. The company’s 2029 capital forecast calls for $8 billion to $9 billion of capital expenditures.

SCE also completed its Woolsey Fire cost-recovery securitization during the week of the call, generating approximately $2 billion in proceeds. Moss said the proceeds will be used to recover claims and other costs, including the retirement of related debt.

Management highlighted efforts to use artificial intelligence and automation to improve productivity. Moss said SCE produces roughly 100,000 project designs annually and is deploying tools designed to automate initial designs and validate final designs against standards. The company expects the initiatives to accelerate design cycles by 20% to 30%.

SCE also processes approximately 40,000 permits each year across multiple agencies and systems. Moss said the utility sees an opportunity to reduce permit cycle times by about 20% while improving throughput.

Separately, Pizarro said Edison sold Trio, describing it as a nonmaterial business and stating that a different owner would be a better fit for its continuing needs. He said the company continues to believe in Trio’s underlying business and wished its team well.

On clean energy, Pizarro said SCE supplied at least 60% carbon-free power to customers, more than 70% cleaner than the national average. The utility also contracted for approximately 900 megawatts of energy storage, bringing its owned or contracted storage portfolio to about 9,200 megawatts at year-end.

About Edison International (NYSE:EIX)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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Edison International (EIX) Q2 2026 Earnings Call Transcript

ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported second-quarter net income of $534 million, or $1.39 per share, compared to net income of $343 million, or $0.89 per share, in the second quarter of last year. As adjusted, second-quarter core earnings were $592 million, or $1.54 per share, compared to core earnings of $374 million, or $0.97 per share, in the second quarter of last year. Southern California Edison's second-quarter 2026 core earnings per share (EPS.

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

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Edison International (EIX) Q1 2026 Earnings Call Transcript