Reported 13 days ago
Edison International (EIX), a California-based energy holding company, has seen its stock decline over 29% in 2025 due to wildfire-related pressures, particularly in Los Angeles. Despite reporting lower second-quarter earnings due to increased operating costs and investigations linked to January's destructive fires, analysts maintain a cautiously optimistic outlook, with TD Cowen initiating coverage with a Buy rating and a $71 price target. Edison is also recognized as a reliable dividend payer, having increased its dividends for 21 consecutive years.
Source: YAHOO