Edison International Completes Cash Tender Offers for Preferred Stock Exceeding $1.16 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2025
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Source: Newsfilter
- Completion of Preferred Stock Buyback: Edison International announced the expiration of its cash tender offers on December 19, 2025, successfully acquiring $415.5 million of Series B Preferred Stock and $744.975 million of Series A Preferred Stock, reflecting the company's proactive approach to optimizing its capital structure.
- Purchase Price Determination: The company will purchase Series B Preferred Stock at $995 per share and Series A Preferred Stock at $1,000 per share, plus accrued dividends, a strategy that will enhance financial flexibility and reduce capital costs.
- Settlement Date Arrangement: All validly tendered preferred stocks are expected to settle on December 23, 2025, ensuring liquidity and supporting future investments, thereby further solidifying the company's market position.
- Underwriter Participation: Barclays Capital, J.P. Morgan, Mizuho Securities, and Santander US Capital Markets acted as dealer managers for the offers, indicating market confidence in Edison International's financing activities, which may attract more investor interest in its future developments.
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Analyst Views on EIX
Wall Street analysts forecast EIX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EIX is 63.73 USD with a low forecast of 55.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
5 Hold
1 Sell
Moderate Buy
Current: 62.250
Low
55.00
Averages
63.73
High
71.00
Current: 62.250
Low
55.00
Averages
63.73
High
71.00
About EIX
Edison International is an electric utility holding company. The Company is focused on providing clean and reliable energy and energy services through its independent companies. It is the parent holding company of Southern California Edison Company (SCE) and Trio. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central and Coastal California. Trio is a global energy advisory firm providing integrated sustainability and energy advisory services to large commercial, industrial and institutional organizations in North America and Europe. Trio provides integrated strategy and implementation solutions in sustainability, renewables, energy procurement, conventional supply, energy optimization and transportation electrification.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
High-Yield Stock Analysis and Rating Updates
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Wells Fargo Downgrades Edison International (EIX) to Underweight with $59 Price Target
- Rating Downgrade Impact: Wells Fargo downgraded Edison International (EIX) from Equal Weight to Underweight with a $59 price target, primarily due to the unresolved Eaton Fire liability, which diminishes market confidence in the company's future prospects.
- Liability Risk Uncertainty: The analyst highlighted that the full picture of the Eaton Fire investigation remains unclear, and liability estimates continue to weigh heavily on Edison, compounded by uncertainties surrounding California's liability framework and regulatory environment.
- Legal Complexity: While the recent lawsuit against Los Angeles County and several water agencies may present a potential positive, it also introduces complexity and a longer timeline, further increasing the legal risks faced by the company.
- California Environmental Challenges: With the upcoming gubernatorial election year, the unresolved wildfire liability issues in California pose significant operational risks for Edison, despite the company having largely wrapped up its regulatory activities and legacy fire claims.
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