Kevin Payne - Edison International President, Chief Executive Officer - SCE
| EIX Stock | USD 72.34 0.68 0.93% |
CEO
Mr. Kevin M. Payne is an Chief Executive Officer SCE, Director of the company. Mr. Payne was the CEO of SCE since 2016. Prior to his current role, he held various leadership positions at SCE, including senior vice president of Customer Service for SCE from 2014 to 2016, Vice President of Engineering and Technical Services from 2011 to 2014, Vice President of Client Services Planning and Controls, Vice President of Information Technology and Business Integration, and Vice President of Enterprise Resource Planning. Prior to that he was a Director in the Renewable and Alternative Power and Major Customer Technical Support departments. Mr. Payne began his career with SCE in 1986 in the Engineering and Construction department managing power plant retrofit and other engineering projects. Mr. Payne brings to the SCE Board indepth knowledge of the Companys business, experienced leadership, and an engineering background. He also brings senior executive, operations and strategic planning experience developed during his 32 years of service with SCE. Mr. Payne has a degree in mechanical engineering from the University of California, Berkeley, and is a registered professional engineer. since 2019.
| Age | 59 |
| Tenure | 5 years |
| Address | 2244 Walnut Grove Avenue, Rosemead, CA, United States, 91770 |
| Phone | 626 302 2222 |
| Web | https://www.edison.com |
Edison International Management Efficiency
The company has Return on Asset of 0.0287 % which means that on every $100 spent on assets, it made $0.0287 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0498 %, implying that it generated $0.0498 on every 100 dollars invested. Edison International's management efficiency ratios could be used to measure how well Edison International manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Edison International's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.06 in 2024, whereas Return On Equity is likely to drop 0.09 in 2024. At this time, Edison International's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 3.2 B in 2024, whereas Total Assets are likely to drop slightly above 49.1 B in 2024.Similar Executives
| Found 6 records | CEO Age | ||
| Timothy Cawley | Consolidated Edison | 59 | |
| Diane Leopold | Dominion Energy | 57 | |
| Stuart Nachmias | Consolidated Edison | 59 | |
| P Blevins | Dominion Energy | 56 | |
| Mark Noyes | Consolidated Edison | 59 | |
| Robert Blue | Dominion Energy | 56 | |
Management Performance
| Return On Equity | 0.0498 | ||||
| Return On Asset | 0.0287 |
Edison International Leadership Team
Elected by the shareholders, the Edison International's board of directors comprises two types of representatives: Edison International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Edison. The board's role is to monitor Edison International's management team and ensure that shareholders' interests are well served. Edison International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Edison International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sam Ramraj, Vice President | ||
| James Morris, Independent Director | ||
| J Murphy, Senior Vice President - Strategy and Corporate Development | ||
| Alisa Do, VP Secretary | ||
| Maria Rigatti, Chief Financial Officer, Executive Vice President | ||
| Jill Anderson, Executive Vice President Operations, SCE | ||
| Jacqueline Trapp, Senior Vice President of Human Resources | ||
| Timothy OToole, Independent Director | ||
| Peter Taylor, Non-Executive Independent Chairman of the Board | ||
| William Sullivan, Independent Chairman of the Board | ||
| Pedro Pizarro, President of Southern California Edison Company, Director | ||
| Michael Camunez, Independent Director | ||
| Chee Chang, Independent Director | ||
| Carey Smith, Independent Director | ||
| Keith Trent, Independent Director | ||
| Caroline Choi, Senior Vice President - Corporate Affairs, Edison International and Southern California Edison | ||
| Natalie Schilling, Senior Officer | ||
| Brendan Bond, VP Treasurer | ||
| Marcy Reed, Independent Director | ||
| Beth Foley, Vice Communications | ||
| Andrew Murphy, Senior Development | ||
| Adam JD, Executive Counsel | ||
| Timothy Toole, Independent Director | ||
| Marta Slabe, VP Officer | ||
| Adam Umanoff, Executive Vice President, General Counsel | ||
| Michael Montoya, VP Officer | ||
| Jeanne BeliveauDunn, Independent Director | ||
| Kara Ryan, Chief VP | ||
| Vanessa Chang, Independent Director | ||
| Linda Stuntz, Independent Director | ||
| Steven Powell, Executive Vice President of Operations - SCE | ||
| Kevin Payne, President, Chief Executive Officer - SCE |
Edison Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Edison International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0498 | ||||
| Return On Asset | 0.0287 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 67.85 B | ||||
| Shares Outstanding | 384.75 M | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 91.48 % | ||||
| Number Of Shares Shorted | 6.12 M | ||||
| Price To Earning | 29.72 X |
Edison International Investors Sentiment
The influence of Edison International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Edison. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Edison International's public news can be used to forecast risks associated with an investment in Edison. The trend in average sentiment can be used to explain how an investor holding Edison can time the market purely based on public headlines and social activities around Edison International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Edison International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Edison International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Edison International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Edison International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Edison International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Edison International's short interest history, or implied volatility extrapolated from Edison International options trading.
Pair Trading with Edison International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edison International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edison International will appreciate offsetting losses from the drop in the long position's value.Moving together with Edison Stock
| 0.9 | D | Dominion Energy | PairCorr |
| 0.72 | ED | Consolidated Edison | PairCorr |
| 0.83 | ES | Eversource Energy | PairCorr |
| 0.69 | FE | FirstEnergy | PairCorr |
Moving against Edison Stock
| 0.77 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
| 0.43 | CMS-PC | CMS Energy | PairCorr |
The ability to find closely correlated positions to Edison International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edison International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edison International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edison International to buy it.
The correlation of Edison International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edison International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edison International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Edison International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Edison Stock analysis
When running Edison International's price analysis, check to measure Edison International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.
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Is Edison International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edison International. If investors know Edison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edison International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 3.035 | Earnings Share 2.29 | Revenue Per Share 42.894 | Quarterly Revenue Growth 0.028 |
The market value of Edison International is measured differently than its book value, which is the value of Edison that is recorded on the company's balance sheet. Investors also form their own opinion of Edison International's value that differs from its market value or its book value, called intrinsic value, which is Edison International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edison International's market value can be influenced by many factors that don't directly affect Edison International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edison International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edison International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edison International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.