Edison International (EIX) to Release Earnings on Thursday
Edison International (NYSE:EIX) is scheduled to release its earnings data after the market closes on Thursday, February 22nd. Analysts expect Edison International to post earnings of $0.93 per share for the quarter.
Shares of Edison International (NYSE:EIX) opened at $60.31 on Wednesday. The stock has a market capitalization of $19,650.00, a PE ratio of 13.77, a PEG ratio of 2.25 and a beta of 0.17. The company has a current ratio of 0.51, a quick ratio of 0.47 and a debt-to-equity ratio of 0.80. Edison International has a 12-month low of $57.63 and a 12-month high of $83.38.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th were given a dividend of $0.605 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend was Thursday, December 28th. This is an increase from Edison International’s previous quarterly dividend of $0.54. Edison International’s dividend payout ratio (DPR) is 55.25%.
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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.
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