How to buy Edison International shares

Own Edison International shares in just a few minutes.

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Edison International (EIX) is a leading utilities-regulated electric business with stocks listed in the US. It opened the day at US$55.93 after a previous close of US$56.1. During the day the price has varied from a low of USD55.62 to a high of USD56.31. The latest price was USD55.66 (25 minute delay). Edison International is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Edison International

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Edison International. Find the share by name or ticker symbol: EIX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Edison International reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$56.47, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Edison International, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Edison International. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Edison International share price

Use our graph to track the performance of EIX stocks over time.

Edison International shares at a glance

Information last updated 2021-06-22.
OpenUS$55.93
HighUS$56.31
LowUS$55.62
CloseUS$55.66
Previous closeUS$56.1
Change US$-0.44
Change % -0.7843%
Volume 1,983,211
Information last updated 2021-06-17.
52-week rangeUS$46.8451 - US$65.2463
50-day moving average US$57.6456
200-day moving average US$59.2213
Target priceUS$71.66
PE ratio 12.556
Dividend yield US$2.6 (4.44%)
Earnings per share (TTM) US$2.1496

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Edison International stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Edison International price performance over time

Historical closes compared with the last close of $55.66

1 week (2021-06-16) -3.67%
1 month (2021-05-21) -4.31%
3 months (2021-03-23) -5.74%
6 months (2020-12-23) -9.20%
1 year (2020-06-23) -0.20%
2 years (2019-06-21) -14.91%
3 years (2018-06-22) -9.79%
5 years (2016-06-23) -24.77%

Is Edison International under- or over-valued?

Valuing Edison International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Edison International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Edison International's P/E ratio

Edison International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Edison International shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Edison International's PEG ratio

Edison International's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.2639. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Edison International's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Edison International's EBITDA

Edison International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$4.8 billion.

The EBITDA is a measure of a Edison International's overall financial performance and is widely used to measure a its profitability.

Edison International financials

Revenue TTM US$13.7 billion
Operating margin TTM 21.49%
Gross profit TTM US$7.1 billion
Return on assets TTM 2.7%
Return on equity TTM 594.11%
Profit margin 5.93%
Book value 37.121
Market capitalisation US$22.2 billion

TTM: trailing 12 months

Shorting Edison International shares

There are currently 4.2 million Edison International shares held short by investors – that's known as Edison International's "short interest". This figure is 0.6% up from 4.1 million last month.

There are a few different ways that this level of interest in shorting Edison International shares can be evaluated.

Edison International's "short interest ratio" (SIR)

Edison International's "short interest ratio" (SIR) is the quantity of Edison International shares currently shorted divided by the average quantity of Edison International shares traded daily (recently around 1.9 million). Edison International's SIR currently stands at 2.22. In other words for every 100,000 Edison International shares traded daily on the market, roughly 2220 shares are currently held short.

However Edison International's short interest can also be evaluated against the total number of Edison International shares, or, against the total number of tradable Edison International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Edison International's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Edison International shares in existence, roughly 10 shares are currently held short) or 0.011% of the tradable shares (for every 100,000 tradable Edison International shares, roughly 11 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Edison International.

Find out more about how you can short Edison International stock.

Edison International's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Edison International.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Edison International's total ESG risk score

Total ESG risk: 26.88

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Edison International's overall score of 26.88 (as at 12/31/2018) is nothing to write home about – landing it in it in the 53rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Edison International is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Edison International's environmental score

Environmental score: 12.22/100

Edison International's environmental score of 12.22 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Edison International is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Edison International's social score

Social score: 11.35/100

Edison International's social score of 11.35 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Edison International is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Edison International's governance score

Governance score: 3.8/100

Edison International's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Edison International is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Edison International's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Edison International scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Edison International hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Edison International was last rated for ESG on: 2019-01-01.

Total ESG score 26.88
Total ESG percentile 53.38
Environmental score 12.22
Environmental score percentile 2
Social score 11.35
Social score percentile 2
Governance score 3.8
Governance score percentile 2
Level of controversy 3

Edison International share dividends

56%

Dividend payout ratio: 55.91% of net profits

Recently Edison International has paid out, on average, around 55.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Edison International shareholders could enjoy a 4.52% return on their shares, in the form of dividend payments. In Edison International's case, that would currently equate to about $2.6 per share.

Edison International's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Edison International's most recent dividend payout was on 29 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 March 2021 (the "ex-dividend date").

Have Edison International's shares ever split?

Edison International's shares were split on a 2:1 basis on 21 June 1993. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Edison International shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Edison International shares which in turn could have impacted Edison International's share price.

Edison International share price volatility

Over the last 12 months, Edison International's shares have ranged in value from as little as US$46.8451 up to US$65.2463. A popular way to gauge a stock's volatility is its "beta".

EIX.US volatility(beta: 0.61)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Edison International's is 0.6071. This would suggest that Edison International's shares are less volatile than average (for this exchange).

Edison International overview

Edison International, through its subsidiaries, generates and distributes electric power. As of March 03, 2021, it delivered electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. Edison International also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations. The company was founded in 1886 and is headquartered in Rosemead, California.

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