|Bid||59.81 x 800|
|Ask||62.00 x 800|
|Day's Range||59.27 - 60.40|
|52 Week Range||43.63 - 78.93|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||17.63|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||2.55 (4.30%)|
|Ex-Dividend Date||Mar 30, 2020|
|1y Target Est||69.00|
Edison International (EIX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Edison International (NYSE: EIX) today announced it has completed an $800 million common stock offering in a registered direct placement. This new equity capital is being provided by a number of existing investors. The shares will be sold at a price of $56.41 per share, which was the closing price on May 12, 2020, the last trading day prior to entering into this transaction. The transaction is expected to close on May 15, 2020, subject to customary closing conditions, and is expected to result in net proceeds of $785 million.
As you might know, Edison International (NYSE:EIX) last week released its latest quarterly, and things did not turn...
SCE announced that it has signed seven contracts totaling 770 megawatts of battery-based energy storage resources.
Edison International (EIX) reports an operating income of $302 million in the first quarter compared with $352 million in the year-ago quarter.
Media Advisory for EIX 2020 Q1 Earnings Conference Call - April 30, 2020
Edison International's Annual Meeting of Shareholders on April 23, 2020, has been changed to a virtual format accessible via the Internet
With COVID-19 wreaking havoc on the economy, are utility safe havens or will their earnings wilt under mounting economic pressure? asks sector expert Roger Conrad, editor of Conrad's Utility Investor.
SCE crews are installing insulated power lines, work by Southern California Edison that is considered critical during the COVID-19 pandemic.
Our latest focus stock is Sempra Energy (SRE), which carries CFRA's highest recommendation of 5-STARS, or Strong Buy. Sempra Energy is a utility holding company with 88% of its 2019 sales in the U.S. and 12% in Mexico, notes analyst Christopher Muir in CFRA Research's The Outlook.
Thirty high school seniors in SCE’s service area have been named 2020 Edison Scholars and will be awarded $1.2 million in STEM scholarships.
To help Californians who are facing hardships because of COVID-19, EIX pledged $1 million to local nonprofits who provide critical services.
SCE will continue to deliver safe and reliable service to the communities it serves during emergency restrictions related to COVID-19.
SCE announced that it is suspending service disconnections for nonpayment and waiving late fees for customers impacted by the COVID-19 emergency.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
A flurry of investment-grade companies have tapped the bond market this week, a sign Federal Reserve rate cuts may help offset the potential impact of the coronavirus outbreak.