Hawaiian Electric Industries: Very Strong Finances, But Litigation Risks Cast A Shadow
Hawaiian Electric Industries is the largest electric utility in Hawaii, providing 95% of the state's electricity. The company has suspended its dividend and taken measures to strengthen its balance sheet due to litigation over its role in the Maui wildfires. Hawaiian Electric Industries has a monopoly on the provision of electricity in the state of Hawaii. There is uncertainty surrounding the potential consequences of the litigation, but the company's finances are strong.
Seeking Alpha · 1d ago
Natural gas needed in California's clean energy transition, Edison International CEO says
Natural gas is cheapest and most reliable power generating source in California's clean energy transition, Edison International CEO says. 40 percent of U.S. Electricity is powered by gas. California has set a goal for its electric grid to reach carbon by 2045. Unlike wind and solar, gas emissions contribute to global warming.
Reuters · 1d ago
Spruce Power Holding Corporation Announces Leadership Changes; Chairman Of The Board Chris Hayes Appointed As President & CEO
Chairman of the Board Chris Hayes Appointed as President & CEO Dr. Audrey Lee joins the Board of Directors of Spruce Power Holding Corporation. Spruce is a leading owner and operator of distributed solar energy assets across the United States. Chris Hayes will succeed Christian Fong as President and Chief Executive Officer, effective April 12, 2024.
Benzinga · 3d ago
Weekly Report: what happened at EIX last week (0408-0412)?
Weekly Report · 3d ago
ClearBridge Large Cap Value Strategy Q1 2024 Portfolio Manager Commentary
ClearBridge Large Cap Value Strategy Q1 2024 Portfolio Manager Commentary. The recent runup in stocks has led the valuation disparity between growth and value stocks to approach all-time highs. The Russell 1000 Value Index returned 8.99% in the first quarter of 2024.
Seeking Alpha · 6d ago
SMID-Cap Moat Companies Shine In March
The 2024 market rally continued in March, with the S&P 500 gaining over 3% during the month and finishing the quarter up over 10%. The Morningstar Wide Moat Focus Index had a strong month, gaining 3.59%. Mid-caps posted stronger returns than large-caps in March. Only two of the Magnificent 7 outperformed the market.
Seeking Alpha · 04/11 15:35
Edison International Celebrates Its 2024 Edison Scholars
The new class of Edison Scholars has been awarded $1.5 million in scholarships from Edison International to help them pursue a college career in science, technology, engineering or math. Each Edison Scholar receives $50,000 and the opportunity to apply for a paid summer internship with SCE. Edison International’s 2024 Edison Scholars have been named the company's first class. The Edison Scholars Program has provided scholarships since 2006 to students in Southern California.
Barchart · 04/11 15:14
The Zacks Analyst Blog Highlights UnitedHealth, Pfizer, BlackRock, The Hershey and Edison International
NASDAQ · 04/11 12:19
Top Analyst Reports for UnitedHealth, Pfizer & BlackRock
NASDAQ · 04/10 19:07
Edison International Initiated at Neutral by Goldman Sachs
Dow Jones · 04/10 10:10
Goldman Sachs Initiates Coverage On Edison Intl with Neutral Rating, Announces Price Target of $78
Benzinga · 04/10 09:59
Weekly Report: what happened at EIX last week (0401-0405)?
Weekly Report · 04/08 09:04
Optimistic Outlook for Edison International: A Buy Recommendation Amid Improving Regulatory Environment and Financial Metrics
TipRanks · 04/08 08:26
Citi's top recommended large-cap stocks
Citi's basket of recommended large-cap stocks has slightly outperformed the broader market benchmark year to date. The Citi equal-weighted Research Recommended List is up 9.6% through April 4. Quanta Services has the highest return since it was added, up 142%. Prologis is the worst performer.
Seeking Alpha · 04/07 18:09
Buy-rated and sell-rated stocks within the Utilities sector - Citi
Citi Research analysts listed their top buy-rated and sell-rated stocks within the utilities sector. Analysts have raised the sector to market weight. They say the fundamentals of the sector are "poised for modest improvement" The utilities sector is expected to improve this year.
Seeking Alpha · 04/05 17:33
Peering Into Edison Intl's Recent Short Interest
Edison Intl's short percent of float has risen 5.03% since its last report. The company has 6.45 million shares sold short. Short interest is the number of shares that have been sold short but have not yet been covered. Short selling is when a trader sells shares of a company in the hope that the price will fall.
Benzinga · 04/05 15:00
EIX Factor-Based Stock Analysis
NASDAQ · 04/03 18:01
Getting In Cheap On Edison International (NYSE:EIX) Might Be Difficult
Edison International has a price-to-earnings ratio of 22.5x compared to the market. The company grew earnings by 95% last year and is expected to grow earnings by 24% over the next three years. Its high P/E ratio is typical of a company expected to perform better than the market in the future. However, Edison International is showing 3 warning signs in our analysis.
Simply Wall St · 04/03 11:30
Advisory for Tuesday, April 30: Edison International to Hold Conference Call on First Quarter 2024 Financial Results
Edison International will release its first quarter 2024 financial results on May 13 at 1:30 p.m. (PDT) The conference call and webcast will be available through May 13. A telephone replay of the conference call will also be available.
Barchart · 04/02 15:05
Weekly Report: what happened at EIX last week (0325-0329)?
Weekly Report · 04/01 09:04
Webull provides a variety of real-time EIX stock news. You can receive the latest news about Edison Intl through multiple platforms. This information may help you make smarter investment decisions.
About EIX
Edison International is the holding company of Southern California Edison Company (SCE) and Edison Energy, LLC (Edison Energy). The Company is engaged in providing clean and reliable energy and energy services through its independent companies. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of Southern California. SCE delivers electricity to approximately 15 million people across Southern, Central and Coastal California. Edison Energy, LLC, an indirect wholly owned non-utility subsidiary of Edison International, a global energy advisory firm providing integrated sustainability and energy solutions to commercial, industrial and institutional customers.