Edison International with ticker code (EIX) now have 13 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 82 and 54 calculating the mean target price we have $71.00. Given that the stocks previous close was at $69.00 this indicates there is a potential upside of 2.9%. The 50 day moving average now sits at $67.51 and the 200 day MA is $64.78. The company has a market capitalization of $26,162m. Visit the company website at: https://www.edison.com
The potential market cap would be $26,921m 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 4.28% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 42.73, revenue per share of 45.2 and a 2.61% return on assets.
