Edison International with ticker code (EIX) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 82 and 50 with the average target price sitting at $71.85. Given that the stocks previous close was at $71.61 this would indicate that there is a potential upside of .3%. Also worth taking note is the 50 day moving average now sits at $68.46 and the 200 day MA is $65.37. The market capitalization for the company is $27,580m. Find out more information at: https://www.edison.com
The potential market cap would be $27,672m based on the market consensus.
Edison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company’s transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 substations. Edison International was founded in 1886 and is headquartered in Rosemead, California.
The company has a dividend yield of 4.12% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 45.05, revenue per share of 45.2 and a 2.61% return on assets.
