Media headlines about Edison International (NYSE:EIX) have trended somewhat positive on Saturday, Accern Sentiment reports. Accern rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Edison International earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 44.9081065413595 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Edison International (EIX) traded down $0.14 during mid-day trading on Friday, hitting $61.60. 4,418,230 shares of the stock were exchanged, compared to its average volume of 3,900,000. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.47 and a current ratio of 0.51. The company has a market cap of $20,070.00, a PE ratio of 14.06, a price-to-earnings-growth ratio of 2.27 and a beta of 0.17. Edison International has a 12 month low of $60.64 and a 12 month high of $83.38.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th were issued a $0.605 dividend. This represents a $2.42 dividend on an annualized basis and a dividend yield of 3.93%. This is a boost from Edison International’s previous quarterly dividend of $0.54. The ex-dividend date was Thursday, December 28th. Edison International’s dividend payout ratio is presently 55.25%.

EIX has been the subject of a number of recent research reports. Mizuho restated a “buy” rating and set a $86.00 price objective on shares of Edison International in a research note on Monday, October 9th. Citigroup increased their price objective on shares of Edison International from $84.00 to $87.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 17th. Bank of America restated a “buy” rating and set a $86.00 price objective on shares of Edison International in a research note on Tuesday, October 24th. SunTrust Banks restated a “buy” rating and set a $89.00 price objective on shares of Edison International in a research note on Monday, October 30th. Finally, ValuEngine upgraded shares of Edison International from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $78.57.

In other news, insider Ronald L. Litzinger sold 224,718 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $82.00, for a total value of $18,426,876.00. Following the sale, the insider now directly owns 14,121 shares of the company’s stock, valued at approximately $1,157,922. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.41% of the stock is currently owned by corporate insiders.

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About Edison International

Edison International is the holding company of Southern California Edison Company (SCE). As of December 31, 2016, SCE, a public utility, was primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. The Company is also the parent company of Edison Energy Group, Inc (Edison Energy Group), a holding company for subsidiaries engaged in pursuing competitive business opportunities across energy services and distributed solar to commercial and industrial customers.

Insider Buying and Selling by Quarter for Edison International (NYSE:EIX)

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