First Hawaiian (FHB) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Hawaiian in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" FHB shares.
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4 Wall Street research analysts have issued 12 month target prices for First Hawaiian's shares. Their FHB share price forecasts range from $20.00 to $26.00. On average, they anticipate the company's share price to reach $23.50 in the next year. This suggests a possible upside of 30.3% from the stock's current price.
View analysts price targets for FHB or view top-rated stocks among Wall Street analysts.

First Hawaiian's stock was trading at $26.04 at the beginning of the year. Since then, FHB stock has decreased by 30.7% and is now trading at $18.04.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our FHB earnings forecast.

First Hawaiian, Inc. (NASDAQ:FHB) posted its earnings results on Friday, July, 28th. The bank reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by $0.01. The bank earned $276.55 million during the quarter, compared to analyst estimates of $211.99 million. First Hawaiian had a net margin of 27.51% and a trailing twelve-month return on equity of 12.14%. During the same quarter in the prior year, the company earned $0.46 EPS.

First Hawaiian declared a quarterly dividend on Wednesday, July 19th. Shareholders of record on Monday, August 21st will be paid a dividend of $0.26 per share on Friday, September 1st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date of this dividend is Friday, August 18th.
Read our dividend analysis for FHB.

ETFs with the largest weight of First Hawaiian (NASDAQ:FHB) stock in their portfolio include iShares Focused Value Factor ETF (FOVL), Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Financial AlphaDEX Fund (FXO), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), SPDR S&P Regional Banking ETF (KRE) and Harbor Small Cap Explorer ETF (QWST).

First Hawaiian (NASDAQ:FHB) pays an annual dividend of $1.04 per share and currently has a dividend yield of 5.71%. FHB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHB will have a dividend payout ratio of 60.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FHB.

90 employees have rated First Hawaiian Chief Executive Officer Robert S. Harrison on Glassdoor.com. Robert S. Harrison has an approval rating of 95% among the company's employees. This puts Robert S. Harrison in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 60.0% of employees surveyed would recommend working at First Hawaiian to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Hawaiian investors own include Comerica (CMA), Honda Motor (HMC), General Mills (GIS), AT&T (T), Chipotle Mexican Grill (CMG), Albemarle (ALB), Boeing (BA), General Electric (GE), General Motors (GM) and Landec (LNDC).

(FHB) raised $464 million in an initial public offering on Thursday, August 4th 2016. The company issued 21,100,000 shares at $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch, BNP PARIBAS, Barclays, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, Citigroup, Morgan Stanley and UBS Investment Bank acted as the underwriters for the IPO and BBVA, COMMERZBANK, HSBC, ING, Keefe, Bruyette & Woods (A Stifel Company), Banco Santander and Wells Fargo Securities were co-managers.

First Hawaiian trades on the NASDAQ under the ticker symbol "FHB."

First Hawaiian's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.18%), Kayne Anderson Rudnick Investment Management LLC (10.95%), The Manufacturers Life Insurance Company (6.89%), State Street Corp (4.81%), Alliancebernstein L.P. (3.51%) and JPMorgan Chase & Co. (2.96%). Insiders that own company stock include Ravi Mallela, Robert S Harrison and Vanessa L Washington.
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Shares of FHB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FHB stock can currently be purchased for approximately $18.04.

First Hawaiian (NASDAQ:FHB) has a market capitalization of $2.30 billion and generates $842.74 million in revenue each year. The bank earns $265.68 million in net income (profit) each year or $2.17 on an earnings per share basis.

The company employs 2,000 workers across the globe.

First Hawaiian's mailing address is 999 BISHOP STREET, HONOLULU HI, 96813. The official website for the company is www.fhb.com. The bank can be reached via phone at (808) 525-7000 or via email at ir@fhb.com.