Edison International (EIX)

Edison International's stock price increased by 37.00% from April 7, 2025, to April 2, 2026. In early March 2026, the stock plunged due to lawsuits alleging the company's equipment ignited the Eaton Fire. Despite these challenges, Edison International reported strong financial performance for Q4 2025, surpassing estimates and providing solid EPS guidance for 2026 and 2027, contributing to the stock hitting a new 52-week high in April 2026.

Demand for Edison International's electricity products and services exhibits clear seasonality, with a surge in regional demand during the summer due to air conditioning use. Extreme heat events can significantly increase electric loads. Edison International anticipates that overall electricity demand in its service territory will nearly double by 2045, driven by electrification trends. SCE utilizes Time-of-Use rates to manage demand and promote efficiency.

Edison International is a public utility holding company focused on providing clean and reliable energy and energy services. Its core business is Southern California Edison (SCE), which supplies electricity to approximately 5 million customers in Southern, Central, and Coastal California. Edison International also owns Edison Energy, which provides global energy advisory services. The company aims to lead the electric power industry's transformation toward a clean energy future, aligning with California's climate targets.

Edison International's regulated utility business, Southern California Edison, covers Southern, Central, and Coastal California, spanning approximately 50,000 square miles. Its unregulated subsidiary, Edison Energy, extends the company's reach globally, providing energy advisory services in North America and Europe.

Edison International's brand reputation has been negatively impacted by its association with wildfires in California, particularly the Eaton Fire in January 2025. The company is actively engaged in wildfire mitigation efforts, including infrastructure improvements and enhanced operational practices. SCE has installed over 7,000 miles of covered conductor in high fire risk areas and supports communities through its Wildfire Recovery Compensation Program.

Edison International's ownership is predominantly institutional, with institutional investors holding over 92% of outstanding shares. Major institutional owners include The Vanguard Group, BlackRock Inc., and State Street Corporation. Key insider shareholders include Pedro Pizarro, Maria C. Rigatti, and Steven D Powell.