Edison International (EIX)

Edison International's stock price has declined significantly over the past six months. Key events impacting the stock include ongoing wildfire litigation and associated financial risks. In September 2025, Edison filed a settlement with California regulators to collect $2 billion from customers to cover about 35% of losses and restoration costs related to the 2018 Woolsey Fire, pending regulatory approval. The California Legislature also passed SB 254, creating a wildfire fund continuation account that utilities like Edison could access for future wildfires. Analysts have provided a range of forecasts, with some maintaining "Overweight" ratings and others downgrading to "Hold" or maintaining "Underweight" ratings, adjusting price targets accordingly. Edison International also announced its quarterly earnings on July 31, 2025, reporting $0.97 EPS, beating analyst estimates. The company is scheduled to release its third-quarter 2025 financial results on October 28, 2025.

Demand for Edison International's electricity exhibits seasonality, influenced by weather patterns and customer behavior in Southern California. Electricity demand is higher during the summer months due to increased air conditioning usage, driving demand to record highs. Electricity rates are typically higher during these summer months, especially during peak hours. Winter months generally see lower electricity prices. The company serves a diverse customer base including residential, commercial, industrial, public authorities, and agricultural sectors, each with potentially varying seasonal demand profiles.

Edison International is an electric utility holding company based in California, primarily focused on electric power generation and distribution through its subsidiary, Southern California Edison (SCE). SCE provides electricity to various sectors and offers smart grid technology, energy efficiency programs, renewable energy integration, EV infrastructure, and demand response programs. Edison International also includes Edison Energy, which provides sustainability and energy advisory services. The company aims to achieve net-zero greenhouse gas emissions by 2045.

Edison International's utility operations, through Southern California Edison, are concentrated in a 50,000-square-mile service area across central, coastal, and Southern California, serving approximately 15 million people. Through its subsidiary Edison Energy, the company extends its geographic reach globally, offering energy advisory services to clients in North America, Europe, and other international regions.

Edison International's brand reputation has been significantly influenced by wildfire risks and associated legal and financial challenges in California. The company has been involved in litigation over wildfire damage and has paid substantial settlements. The company's proactive approach to wildfire prevention and the establishment of a wildfire compensation program are efforts to manage these risks and reassure stakeholders. Edison International is actively focused on leading the clean energy transition, investing in renewable energy integration, and promoting sustainability, which contributes positively to its reputation.

Institutional investors hold a significant majority of Edison International's shares, with approximately 89% institutional ownership. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, and Geode Capital Management, Llc. Vanguard Group Inc. is the largest individual institutional shareholder, owning 13.37% of the company's shares. Individual investors and public companies hold the remaining portion of the stock.