Edison International
EIX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$86.00 | Nwdqnp | Vxjbzdbb |
Edison International's Consistent Performance Should Pay Off With December Dividend Raise
We are reaffirming our $73 fair value estimate for Edison International after management reported $1.48 per share of core earnings in the third quarter, raised 2022 earnings guidance, and maintained its 5%-7% annual earnings growth target through 2025. We are reaffirming our narrow moat and stable moat trend ratings.