Edison International, through its subsidiaries, generates and distributes electric power. More Details
+ 1 more risk
Established dividend payer and slightly overvalued.
Share Price & News
How has Edison International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EIX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: EIX's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: EIX underperformed the US Electric Utilities industry which returned 11.1% over the past year.
Return vs Market: EIX underperformed the US Market which returned 57.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Edison International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCalculating The Intrinsic Value Of Edison International (NYSE:EIX)
3 weeks ago | Simply Wall StWith A 4.6% Return On Equity, Is Edison International (NYSE:EIX) A Quality Stock?
1 month ago | Simply Wall StEdison International (NYSE:EIX) Has A Somewhat Strained Balance Sheet
Is Edison International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EIX ($59.84) is trading below our estimate of fair value ($64.05)
Significantly Below Fair Value: EIX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: EIX is poor value based on its PE Ratio (30.2x) compared to the US Electric Utilities industry average (22.1x).
PE vs Market: EIX is poor value based on its PE Ratio (30.2x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: EIX is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: EIX is good value based on its PB Ratio (1.6x) compared to the US Electric Utilities industry average (2x).
How is Edison International forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EIX's forecast earnings growth (14.3% per year) is above the savings rate (2%).
Earnings vs Market: EIX's earnings (14.3% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: EIX's earnings are forecast to grow, but not significantly.
Revenue vs Market: EIX's revenue (3.6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: EIX's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EIX's Return on Equity is forecast to be low in 3 years time (11%).
How has Edison International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EIX has a large one-off loss of $1.6B impacting its December 31 2020 financial results.
Growing Profit Margin: EIX's current net profit margins (5.4%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: EIX's earnings have declined by 16.9% per year over the past 5 years.
Accelerating Growth: EIX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EIX had negative earnings growth (-42.4%) over the past year, making it difficult to compare to the Electric Utilities industry average (-2.1%).
Return on Equity
High ROE: EIX's Return on Equity (4.6%) is considered low.
How is Edison International's financial position?
Financial Position Analysis
Short Term Liabilities: EIX's short term assets ($5.1B) do not cover its short term liabilities ($10.3B).
Long Term Liabilities: EIX's short term assets ($5.1B) do not cover its long term liabilities ($43.1B).
Debt to Equity History and Analysis
Debt Level: EIX's debt to equity ratio (144.6%) is considered high.
Reducing Debt: EIX's debt to equity ratio has increased from 88.6% to 144.6% over the past 5 years.
Debt Coverage: EIX's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: EIX's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Edison International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EIX's dividend (4.43%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: EIX's dividend (4.43%) is in the top 25% of dividend payers in the US market (3.5%)
Stability and Growth of Payments
Stable Dividend: EIX's dividends per share have been stable in the past 10 years.
Growing Dividend: EIX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (130%), EIX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EIX's dividends in 3 years are forecast to be covered by earnings (57.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pedro Pizarro (54 yo)
Mr. Pedro J. Pizarro has been the Chief Executive Officer of Edison International since September 30, 2016 and has been its President since June 01 2016. He joined Edison International in 1999. Mr. Pizarro...
CEO Compensation Analysis
Compensation vs Market: Pedro's total compensation ($USD15.79M) is above average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Pedro's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: EIX's management team is considered experienced (4.6 years average tenure).
Experienced Board: EIX's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EIX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Edison International's company bio, employee growth, exchange listings and data sources
- Name: Edison International
- Ticker: EIX
- Exchange: NYSE
- Founded: 1886
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$22.700b
- Shares outstanding: 379.34m
- Website: https://www.edison.com
Number of Employees
- Edison International
- 2244 Walnut Grove Avenue
- PO Box 976
- United States
Edison International, through its subsidiaries, generates and distributes electric power. As of March 03, 2021, it delivered electricity to 15 million residential, commercial, industrial, public authoritie...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/13 22:07|
|End of Day Share Price||2021/04/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.