Edison International (EIX) is one of the 10 Best Beaten Down Dividend Stocks to Buy Right Now, despite facing wildfire challenges in California. The stock has dropped by over 29% since the beginning of 2025, but analysts are cautiously optimistic about its future. Southern California Edison, a subsidiary, has been at the center of wildfire-related issues.

In July, Edison International reported lower second-quarter earnings due to increased operating costs and ongoing investigations related to wildfires in Los Angeles. The January fires were costly disasters, putting utilities under scrutiny. Despite these challenges, TD Cowen started coverage on EIX with a Buy rating and a price target of $71.00, suggesting a 25% potential upside.

Edison International is known for its reliable dividend payments, having increased its dividend for 21 consecutive years. The company offers a quarterly dividend of $0.8275 per share with a dividend yield of 5.84% as of October 16. While EIX shows growth potential, some AI stocks may offer greater upside with less risk.

For more information on dividend stocks, check out 15 Dividend Stocks That Have Raised Payouts for 20+ Years and 12 Must-Buy Dividend Stocks to Invest in. No disclosures are mentioned in the article.

Read more at Yahoo Finance: Edison International (EIX) Faces Wildfire Challenges but Retains Long-Term Appeal