First Hawaiian - FHB Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Hawaiian in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FHB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FHB, but not buy additional shares or sell existing shares.
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3 brokerages have issued 1 year price objectives for First Hawaiian's shares. Their FHB share price forecasts range from $26.00 to $34.00. On average, they expect the company's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 36.6% 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 2023. Since then, FHB shares have decreased by 19.9% and is now trading at $20.87.
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The company is scheduled to release its next quarterly earnings announcement on Friday, April 28th 2023.
View our FHB earnings forecast.

First Hawaiian, Inc. (NASDAQ:FHB) released its quarterly earnings data on Friday, January, 27th. The bank reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.05. The bank had revenue of $219.95 million for the quarter, compared to analysts' expectations of $216.39 million. First Hawaiian had a net margin of 31.53% and a trailing twelve-month return on equity of 11.80%.

First Hawaiian announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Friday, February 17th will be paid a dividend of $0.26 per share on Friday, March 3rd. This represents a $1.04 annualized dividend and a yield of 4.98%. The ex-dividend date of this dividend is Thursday, February 16th.
Read our dividend analysis for FHB.

ETFs with the largest weight of First Hawaiian (NASDAQ:FHB) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P SmallCap Low Volatility ETF (XSLV), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE) and SPDR S&P SmallCap 600 ESG ETF (ESIX).

First Hawaiian (NASDAQ:FHB) pays an annual dividend of $1.04 per share and currently has a dividend yield of 4.96%. FHB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHB will have a dividend payout ratio of 47.27% 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 (IPO) on Thursday, August 4th 2016. The company issued 21,100,000 shares at a price of $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 served 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 a variety of institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (6.33%), The Manufacturers Life Insurance Company (5.83%), Alliancebernstein L.P. (3.15%), Fuller & Thaler Asset Management Inc. (2.75%), JPMorgan Chase & Co. (2.37%) and Dimensional Fund Advisors LP (2.33%). 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 $20.87.

First Hawaiian (NASDAQ:FHB) has a market capitalization of $2.66 billion and generates $842.74 million in revenue each year. The bank earns $265.68 million in net income (profit) each year or $2.07 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.