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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
NYSE:HE

Hawaiian Electric Industries (HE) Stock Price, News & Analysis

$9.78
+0.26 (+2.73%)
(As of 04/17/2024 ET)
Today's Range
$9.26
$9.92
50-Day Range
$9.52
$13.64
52-Week Range
$8.74
$40.16
Volume
4.62 million shs
Average Volume
2.40 million shs
Market Capitalization
$1.08 billion
P/E Ratio
5.40
Dividend Yield
N/A
Price Target
$11.50

Hawaiian Electric Industries MarketRank™ Stock Analysis

Analyst Rating
Sell
1.33 Rating Score
Upside/​Downside
17.6% Upside
$11.50 Price Target
Short Interest
Bearish
14.57% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.63
Upright™ Environmental Score
News Sentiment
-0.20mentions of Hawaiian Electric Industries in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.06%
From $1.98 to $2.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.35 out of 5 stars

Utilities Sector

74th out of 97 stocks

Electric Services Industry

29th out of 39 stocks

HE stock logo

About Hawaiian Electric Industries Stock (NYSE:HE)

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

HE Stock Price History

HE Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/18/2024
Next Earnings (Confirmed)
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
41987010
Employees
3,706
Year Founded
1891

Price Target and Rating

Average Stock Price Target
$11.50
High Stock Price Target
$18.00
Low Stock Price Target
$8.50
Potential Upside/Downside
+17.6%
Consensus Rating
Sell
Rating Score (0-4)
1.33
Research Coverage
3 Analysts

Profitability

Net Income
$201.13 million
Pretax Margin
6.67%

Debt

Sales & Book Value

Annual Sales
$3.68 billion
Cash Flow
$2.83 per share
Book Value
$21.29 per share

Miscellaneous

Free Float
109,994,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
0.53

Social Links

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Key Executives

  • Mr. Scott W. H. Seu (Age 58)
    President, CEO & Director
    Comp: $1.74M
  • Mr. Kurt K. Murao (Age 53)
    Executive VP, General Counsel, Chief Administrative Officer & Corporate Secretary
    Comp: $699.42k
  • Ms. Shelee M. T. Kimura (Age 51)
    President & CEO of Hawaiian Electric Company, Inc.
    Comp: $699.91k
  • Ms. Ann C. Teranishi (Age 48)
    CEO, President & Director of American Savings Bank
    Comp: $1.43M
  • Mr. Scott T. Deghetto (Age 60)
    Executive VP, CFO & Treasurer
  • Bruce K. Tamashiro
    Controller & Principal Accounting Officer
  • Mateo Garcia
    Director of Investor Relations
  • Ms. Erin P. Kippen
    VP, General Counsel, Chief Compliance Officer & Corporate Secretary
  • James P. Kelly
    Vice President of Government, Community Relations & Corporate Communications
  • Ms. Jacqueline I. U. Ingamells
    VP of Human Resources & Chief People Strategist

HE Stock Analysis - Frequently Asked Questions

Should I buy or sell Hawaiian Electric Industries stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" HE shares.
View HE analyst ratings
or view top-rated stocks.

What is Hawaiian Electric Industries' stock price target for 2024?

3 brokers have issued 1-year price targets for Hawaiian Electric Industries' shares. Their HE share price targets range from $8.50 to $18.00. On average, they expect the company's share price to reach $11.50 in the next year. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for HE
or view top-rated stocks among Wall Street analysts.

How have HE shares performed in 2024?

Hawaiian Electric Industries' stock was trading at $14.19 at the beginning of the year. Since then, HE shares have decreased by 31.1% and is now trading at $9.7750.
View the best growth stocks for 2024 here
.

When is Hawaiian Electric Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our HE earnings forecast
.

How can I listen to Hawaiian Electric Industries' earnings call?

Hawaiian Electric Industries will be holding an earnings conference call on Friday, May 10th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "2393042".

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) issued its quarterly earnings results on Tuesday, February, 13th. The utilities provider reported $0.48 earnings per share for the quarter, hitting analysts' consensus estimates of $0.48. The utilities provider had revenue of $961.40 million for the quarter. Hawaiian Electric Industries had a trailing twelve-month return on equity of 9.99% and a net margin of 5.45%. Hawaiian Electric Industries's revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 earnings per share.

How often does Hawaiian Electric Industries pay dividends? What is the dividend yield for Hawaiian Electric Industries?

Hawaiian Electric Industries announced a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, August 18th will be given a dividend of $0.36 per share on Friday, September 8th. This represents a $1.44 annualized dividend and a dividend yield of 14.73%. The ex-dividend date is Thursday, August 17th.
Read our dividend analysis for HE
.

Is Hawaiian Electric Industries a good dividend stock?

Hawaiian Electric Industries (NYSE:HE) pays an annual dividend of $1.44 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 79.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HE will have a dividend payout ratio of 68.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HE.

What ETFs hold Hawaiian Electric Industries' stock?
What other stocks do shareholders of Hawaiian Electric Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hawaiian Electric Industries investors own include AT&T (T), Verizon Communications (VZ), Gilead Sciences (GILD), Bank of America (BAC), Exxon Mobil (XOM), Costco Wholesale (COST), Johnson & Johnson (JNJ), Occidental Petroleum (OXY), JPMorgan Chase & Co. (JPM) and Caterpillar (CAT).

Who are Hawaiian Electric Industries' major shareholders?

Hawaiian Electric Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Arden Trust Co (0.14%), Alaska Permanent Fund Corp (0.12%), Counterpoint Mutual Funds LLC (0.06%), IMC Chicago LLC (0.00%), DGS Capital Management LLC (0.01%) and CWM LLC (0.01%). Insiders that own company stock include Constance H Lau, Gregory C Hazelton, Gregory C Hazelton and Keith P Russell.
View institutional ownership trends
.

How do I buy shares of Hawaiian Electric Industries?

Shares of HE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Hawaiian Electric Industries have any subsidiaries?
The following companies are subsidiares of Hawaiian Electric Industries: ASB Hawaii Inc., American Savings Bank F.S.B., HECO Capital Trust III (a statutory trust), Hamakua Energy LLC, Hamakua Holdings LLC, Hawaii Electric Light Company Inc., Hawaiian Electric Company Inc., Maui Electric Company Limited, Mauo Holdings LLC, Mauo LLC, Pacific Current LLC, Renewable Hawaii Inc., The Old Oahu Tug Service Inc., and Uluwehiokama Biofuels Corp..
Read More
This page (NYSE:HE) was last updated on 4/18/2024 by MarketBeat.com Staff

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