Hawaiian Electric Industries (HE) Projected to Post Earnings on Friday

Hawaiian Electric Industries (NYSE:HE - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Friday, May 9th. Analysts expect the company to announce earnings of $0.23 per share for the quarter.

Hawaiian Electric Industries (NYSE:HE - Get Free Report) last announced its quarterly earnings data on Friday, February 21st. The utilities provider reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by ($0.19). Hawaiian Electric Industries had a positive return on equity of 11.12% and a negative net margin of 35.38%. The business had revenue of $799.18 million for the quarter. On average, analysts expect Hawaiian Electric Industries to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hawaiian Electric Industries Price Performance

Hawaiian Electric Industries stock traded down $0.01 during midday trading on Friday, reaching $10.22. The company's stock had a trading volume of 1,316,486 shares, compared to its average volume of 3,456,555. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.18 and a current ratio of 0.18. Hawaiian Electric Industries has a fifty-two week low of $7.61 and a fifty-two week high of $18.19. The firm has a market capitalization of $1.76 billion, a PE ratio of -0.86 and a beta of 0.64. The stock's 50 day simple moving average is $10.54 and its 200 day simple moving average is $10.13.

Analyst Upgrades and Downgrades

HE has been the topic of several research analyst reports. Barclays boosted their price target on Hawaiian Electric Industries from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 4th. StockNews.com cut shares of Hawaiian Electric Industries from a "hold" rating to a "sell" rating in a research note on Tuesday, February 11th. Wells Fargo & Company upped their price target on shares of Hawaiian Electric Industries from $11.00 to $12.50 and gave the company an "equal weight" rating in a report on Thursday, February 27th. Finally, Evercore ISI upgraded Hawaiian Electric Industries from an "in-line" rating to an "outperform" rating and lifted their price objective for the stock from $12.00 to $14.00 in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $12.00.

About Hawaiian Electric Industries

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.