Barclays maintains Overweight on Edison, raises target to $78

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Reviewed by
Radhika SScanX News Team
Key Highlights

Barclays analyst Nicholas Campanella maintained an Overweight rating on Edison International and raised the price target to $78 from $77.

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Barclays analyst Nicholas Campanella has maintained an Overweight rating on Edison International while raising the stock's price target. The new target is set at $78, an increase from the previous $77. This adjustment reflects the analyst's continued positive outlook on the company's performance.

Rating and Price Action

The rating decision and price target revision were issued by Barclays. The following table summarizes the changes:

Metric Previous Value New Value
Rating Overweight Overweight
Price Target $77 $78

Edison International is listed on the NYSE under the ticker symbol EIX.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific factors drove the $1 increase in the price target?

How might Edison International's upcoming earnings report influence further analyst adjustments?

What are the potential risks to Edison International's growth trajectory in the current market environment?

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Edison International declares $0.8775 Q2 dividend

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Edison International declared a quarterly common stock dividend of $0.8775 per share, payable on July 31, 2026, to shareholders of record on July 7, 2026. The company is a major electric utility holding company based in Rosemead, California.

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Edison International has declared a quarterly common stock dividend of $0.8775 per share, payable on July 31, 2026, to shareholders of record on July 7, 2026. The announcement was made by the company's board of directors, marking the second quarter dividend distribution for the fiscal year.

Dividend Details

The declared dividend applies to common stock holders of Edison International. The payment schedule adheres to standard industry timelines, ensuring eligible shareholders receive the payout based on their holdings as of the record date.

Key Date Details
Dividend Amount $0.8775 per share
Record Date July 7, 2026
Payment Date July 31, 2026

Company Overview

Edison International is a parent company to Southern California Edison Company, a utility delivering electricity to 15 million people across Southern, Central, and Coastal California. Additionally, it owns Trio, a portfolio of nonregulated competitive businesses providing integrated sustainability and energy advisory services to large commercial, industrial, and institutional organizations in North America and Europe. Headquartered in Rosemead, California, Edison International focuses on providing clean and reliable energy and energy services through its independent companies.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will Edison International's capital allocation strategy balance dividend payments with necessary infrastructure investments in the coming years?

What impact could California's evolving regulatory environment have on the sustainability of future dividend increases?

How might the growth of the Trio portfolio influence the company's overall free cash flow and dividend policy?

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