EIX

In the past six months, Edison International's stock (EIX) declined by 27.05%, underperforming the S&P 500 Index but outperforming the State Street Utilities Select Sector SPDR ETF (XLU). Key factors impacting the stock include investor caution due to regulatory challenges and elevated wildfire liabilities, particularly the major January 2025 fires around Los Angeles, which led to increased operating costs and legal exposure for SCE. Despite these challenges, the company's operational execution and core earnings have remained stable. Edison International announced its fiscal third-quarter earnings for 2026 are expected after the market closes on Thursday, October 29. For the second quarter of 2026, the company reported core EPS of $1.54, beating estimates by 28%, though revenue of $4.36 billion missed forecasts by 8.4%. EIX reaffirmed its 2026 core EPS guidance of $5.90-$6.20, and the stock fell 0.93% after the Q2 earnings release. Several firms recently cut their price targets for EIX, including Jefferies to $42, JPMorgan to $61, Morgan Stanley to $60, and Mizuho to $70. The stock opened at $54.28 on October 6, 2026, near its 52-week low of $51.10. The company also declared a quarterly dividend of $0.8775, with an ex-dividend date of October 7, 2026.