How to Buy Edison International Stock
Edison International
Edison International is a regulated electric utility company located in California, United States, which is part of the Utilities sector, and is traded under the ticker EIX on the NYSE exchange.
Edison International stock last closed at $71.13, up 0.44% from the previous day, and has decreased 3.58% in one year. It has overperformed other stocks in the Utilities - Regulated Electric industry by 0.07 percentage points. Edison International stock is currently +20.93% from its 52-week low of $58.82, and -5.06% from its 52-week high of $74.92.
There are currently 384.52M shares of EIX outstanding. The market cap of EIX is $27.35B. In the past 24 hours, 2.16M EIX shares were traded.
How to Buy Edison International Stock
Not sure how to invest in Edison International stock? Here's how.
- Decide where to buy Edison International stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Edison International stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your method of payment and add your details.
- Research Edison International stock: The Edison International ticker symbol is EIX. Is Edison International stock a good investment? Should you buy shares of EIX? How do EIX's underlying business fundamentals look? Do top analysts think Edison International is a good buy? Why has EIX's stock price moved recently? (Hint: Our stock research website can help you evaluate if EIX is a good stock to buy).
- Place your EIX trade: Decide if you will purchase EIX shares at the current market price or use a limit order to buy EIX shares at a given price.
- Keep tabs on your EIX position: Create a watchlist to important notifications about your new investment in Edison International stock.
Step 1: Decide where to buy Edison International stock
You need an online brokerage account to access the NYSE market and buy EIX shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you are able to buy EIX stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you have finished signing up on one of the most highly reviewed stock trading apps, you need to deposit funds:
Check out this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Research Edison International stock
Once you have selected the best place to buy Edison International stock, it's important to evaluate their stock before you invest, so you can wrap your head around the risk and upside.
Edison International quick stats
Fundamentals of EIX
WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on EIX's stock page.
Is EIX stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EIX's intrinsic value.
Using relative valuations measures:
- EIX could be overvalued based on its P/E ratio of 22.8x, relative to Utilities - Regulated Electric industry P/E ratio of 16.59x
- EIX may be overvalued based on its P/B ratio of 1.76x, relative to Utilities - Regulated Electric industry P/B ratio of 1.64x
- EIX may be undervalued based on its PEG ratio of 0.98x
You can access additional valuation analysis on EIX's stock here.
How do EIX Financials look?
Pros:
- EIX profit margin has gone up from 3.6% to 7.3% in the past year.
Cons:
- EIX has a relatively high debt to equity ratio of 4.12.
- Total EIX debt is higher than 5 years ago, relative to shareholder equity.
- EIX has cash burn of 2047000000. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the EIX balance sheet.
- EIX has $345.00M in cash and short term investments. This is not enough to cover its annual cash burn of $2.05B.
- There are more long-term liabilities than short-term assets on the EIX balance sheet.
Is it a good time to buy EIX stock, according to analysts?
Out of 7 sell side analysts who monitor EIX, the consensus analyst rating on Edison International is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Latest EIX Analyst Upgrades/Downgrades
Eric Beaumont, a top 12% analyst from Barclays maintains EIX with a hold rating and lowers their EIX price target from $72.00 to $69.00, on Jan 22, 2024.
David Arcaro, a top 12% analyst from Morgan Stanley maintains EIX with a strong sell rating and raises their EIX price target from $52.00 to $53.00, on Nov 21, 2023.
You can dig deeper into what analysts are projecting on the Edison International stock forecast page.
EIX Momentum
EIX Growth Metrics
Last year, EIX earnings were $1.20B. During the last 4 year, EIX's earnings have grown by -4.68% per year. This was slower than the Utilities - Regulated Electric industry average of 15.84%.
Last year, EIX revenue was $16.34B. In the last 5 year, EIX's revenue has grown by 5.24% per year. This was faster than the Utilities - Regulated Electric industry average of 3.97%.
Learn more about EIX's earnings and revenue performance here.
Are EIX insiders buying or selling the stock?
In the past year, executives and large shareholders at EIX have sold more shares than they have bought.
Jill Charlotte Anderson, EXECUTIVE VICE PRESIDENT SCE of EIX, was the latest EIX insider to sell. They sold $62,106.30 worth of EIX stock on Feb 21, 2024.
Learn more about who owns EIX stock here.
Can I get consistent income from EIX stock?
Edison International pays a dividend of 4.27%, compared to the Utilities - Regulated Electric industry's average dividend yield of 3.96%. If you owned $1,000 of EIX stock, you would have received $42.67 last year.
Edison International dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Edison International dividend yield and history here.
Get opinions from other investors
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Step 5: Place your EIX trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Press the Open Trade button and eToro will place your order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your EIX position
Now that you own some shares in EIX, you'll want to stay up-to-date on your shares.
Put EIX on a watchlist to track your EIX stock.
EIX Feed
How to Buy Stock in Edison International
To reiterate, here are the 6 steps to buy Edison International stock:
- Decide where to buy Edison International stock
- Open your brokerage account
- Fund your brokerage account
- Research Edison International stock
- Place your EIX trade
- Keep tabs on your EIX position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Edison International, add EIX to your watchlist by clicking the button below.
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