Hawaiian Electric Industries (NYSE:HE - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Friday, May 9th. Analysts expect Hawaiian Electric Industries to post earnings of $0.23 per share for the quarter.
Hawaiian Electric Industries (NYSE:HE - Get Free Report) last released its quarterly earnings results on Friday, February 21st. The utilities provider reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.19). Hawaiian Electric Industries had a negative net margin of 35.38% and a positive return on equity of 11.12%. The firm 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 Stock Performance
Shares of HE stock traded up $0.08 during trading hours on Wednesday, reaching $10.42. 1,356,733 shares of the company traded hands, compared to its average volume of 3,444,299. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.18 and a quick ratio of 0.18. Hawaiian Electric Industries has a 12-month low of $7.61 and a 12-month high of $18.19. The firm has a 50-day moving average price of $10.52 and a 200 day moving average price of $10.13. The company has a market cap of $1.80 billion, a P/E ratio of -0.88 and a beta of 0.64.
Analyst Ratings Changes
HE has been the subject of several analyst reports. Evercore ISI upgraded shares of Hawaiian Electric Industries from an "in-line" rating to an "outperform" rating and raised their target price for the stock from $12.00 to $14.00 in a report on Friday, March 7th. Wells Fargo & Company upped their price target on shares of Hawaiian Electric Industries from $11.00 to $12.50 and gave the stock an "equal weight" rating in a research report on Thursday, February 27th. StockNews.com lowered shares of Hawaiian Electric Industries from a "hold" rating to a "sell" rating in a research report on Tuesday, February 11th. Finally, Barclays boosted their target price 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, Hawaiian Electric Industries has an average rating of "Hold" and a consensus price target of $12.00.
Read Our Latest Stock Report on HE
About Hawaiian Electric Industries
(
Get Free Report)
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.
Featured Articles
Before you consider Hawaiian Electric Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hawaiian Electric Industries wasn't on the list.
While Hawaiian Electric Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
