What Does Edison International Offer That Eversource Does Not?

Investors typically buy Eversource Energy (ES) and Edison International (EIX), the parent of Southern California Edison, for steady earnings growth. The two electric utilities share similar long-term targets. On July 30, both companies repeated a goal of 5% to 7% growth in earnings per share through 2030, with Edison tracking adjusted earnings. Their valuations look quite different. At the October 14 close, Edison stock traded at 5.4 times its earnings, against 14.3 times for Eversource. How hav