First Hawaiian (FHB) to Release Earnings on Wednesday

First Hawaiian (NASDAQ:FHB - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.46 per share and revenue of $210.24 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

First Hawaiian (NASDAQ:FHB - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The bank reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. First Hawaiian had a net margin of 19.74% and a return on equity of 8.91%. During the same period last year, the business posted $0.37 earnings per share. On average, analysts expect First Hawaiian to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Hawaiian Trading Up 1.8 %

NASDAQ:FHB traded up $0.39 during trading hours on Friday, hitting $22.64. 1,089,416 shares of the stock traded hands, compared to its average volume of 720,440. The firm has a 50 day moving average price of $24.63 and a 200 day moving average price of $25.56. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 12.65, a PEG ratio of 3.28 and a beta of 0.77. First Hawaiian has a fifty-two week low of $19.48 and a fifty-two week high of $28.80.

First Hawaiian Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.26 per share. The ex-dividend date was Friday, February 14th. This represents a $1.04 dividend on an annualized basis and a yield of 4.59%. First Hawaiian's payout ratio is presently 58.10%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on FHB shares. Piper Sandler increased their price target on shares of First Hawaiian from $28.00 to $30.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. The Goldman Sachs Group increased their price objective on First Hawaiian from $26.00 to $29.00 and gave the stock a "sell" rating in a report on Monday, February 3rd. Keefe, Bruyette & Woods boosted their target price on First Hawaiian from $28.00 to $31.00 and gave the company a "market perform" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. upped their target price on First Hawaiian from $27.00 to $29.00 and gave the stock an "underweight" rating in a research report on Monday, February 3rd. Finally, Wells Fargo & Company reduced their price target on First Hawaiian from $24.00 to $22.00 and set an "underweight" rating for the company in a report on Wednesday, April 9th. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $28.29.

First Hawaiian Company Profile

First Hawaiian, Inc operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts.