Edison International Rated at 80 by Utilities – Regulated Electric Index, Making it a Top Choice for Your Portfolio

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Edison International ($NYSE:EIX) is one of the top choices for your portfolio on Friday. Edison International is a publicly traded American energy company based in Rosemead, California. It is the parent company of Southern California Edison, one of the largest electric utilities in the United States. Edison International is also a major investor in energy infrastructure and renewable energy projects, including solar and wind energy. Investors looking for a reliable utility stock that offers a competitive dividend yield should consider Edison International.

It has also reported strong financial performance over the past five years and is well-positioned to continue to deliver returns to its shareholders in the future. With its strong financial performance, steady dividend yield, and long track record of success, it is no wonder why it is a popular choice for investors on Friday. If you are looking for a reliable and profitable utility stock, then Edison International may be the right fit for your portfolio.

Price History

On Monday, EDISON INTERNATIONAL’s stock opened at $66.8 and closed at the same price, indicating a 0.2% increase from the prior closing price of 66.7. EDISON INTERNATIONAL offers a safe bet for earning a consistent return on investment while at the same time supporting innovative projects that are beneficial for society. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Edison International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Edison International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Edison International. More…

Key Ratios Snapshot

Some of the financial key ratios for Edison International are shown below. More…

Analysis

GoodWhale conducted an analysis of EDISON INTERNATIONAL‘s financials and found that its Star Chart gave it a health score of 4/10 with regard to its cashflows and debt. This suggests that the company might be able to pay off debt and fund future operations. EDISON INTERNATIONAL is strong in dividends, medium in growth, profitability and weak in asset. Based on this, GoodWhale classified EDISON INTERNATIONAL as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given this, it is likely that investors interested in short term investments, such as traders and hedge funds, would be interested in EDISON INTERNATIONAL due to its high growth potential. Other investors looking for more stability may consider investing in EDISON INTERNATIONAL as well, though they would have to be prepared to take on a higher level of risk. More…

Peers

Edison International is one of the largest investor-owned electric utilities in the United States and is one of the largest electric utility companies in the world. Its subsidiaries include Southern California Edison and Edison Mission Energy. It is headquartered in Rosemead, California. Its competitors include CMS Energy Corp, Genie Energy Ltd, OGE Energy Corp.

– CMS Energy Corp ($NYSE:CMS)

CMS Energy Corporation is an energy company operating primarily in the state of Michigan. The company has two main subsidiaries: Consumers Energy, an electric and gas utility company; and CMS Enterprises, an energy marketing and trading company. CMS Energy is headquartered in Jackson, Michigan.

As of 2022, CMS Energy Corporation had a market capitalization of 16.14 billion dollars and a return on equity of 12.15%. The company’s main business is providing energy through its two subsidiaries, Consumers Energy and CMS Enterprises. Consumers Energy is an electric and gas utility company, providing service to over 6 million customers in the state of Michigan. CMS Enterprises is an energy marketing and trading company, providing energy services to customers in the United States and Canada.

– Genie Energy Ltd ($NYSE:GNE)

Genie Energy Ltd. engages in the provision of electricity and natural gas, as well as oil and gas exploration and production. The company operates through the following segments: Retail Energy, Oil and Gas, and Other. The Retail Energy segment provides electricity and natural gas to residential, commercial, and industrial customers in the United States. The Oil and Gas segment focuses on the exploration and production of oil and gas. The Other segment includes corporate overhead and other investments. Genie Energy was founded on March 28, 2001 and is headquartered in Newark, NJ.

– OGE Energy Corp ($NYSE:OGE)

DOE Energy Corp is an energy company that focuses on the development and production of natural gas and oil. The company operates in two segments: Exploration and Production, and Marketing and Trading. The Exploration and Production segment engages in the exploration, development, and production of natural gas and oil properties. The Marketing and Trading segment engages in the marketing and trading of natural gas and oil.

Summary

Edison International is a utility company with a strong balance sheet and a consistent dividend yield. The company is well positioned to benefit from the greater demand for clean energy sources, as it is focused on renewable energy solutions. Along with its strong financials, the company has a highly experienced management team with a track record of successful investments and operations.