NASDAQ:FHBFirst Hawaiian Stock Price, Forecast & News

$17.93

+0.80 (+4.67 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$17.47

Now: $17.93▼

$18.12

50-Day Range

$13.98

MA: $16.18▼

$18.28

52-Week Range

$13.56

Now: $17.93▼

$31.25

Volume1.68 million shs

Average Volume1.13 million shs

Market Capitalization$2.33 billion

P/E Ratio9.34

Dividend Yield6.07%

Beta1.36

First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking 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 accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2018, it operated 60 branches Oahu, Maui, Hawaii, Kauai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian, Inc. is a subsidiary of BancWest Corporation.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
First Hawaiian has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $21.83, First Hawaiian has a potential upside of 21.8% from its current price of $17.93.
Amount of Analyst Coverage
First Hawaiian has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
First Hawaiian has received 274 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Hawaiian has received 385 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Hawaiian has received 58.42% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Hawaiian and other stocks. Vote “Outperform” if you believe FHB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FHB will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
First Hawaiian is a leading dividend payer. It pays a dividend yield of 6.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Hawaiian has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of First Hawaiian is 47.49 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, First Hawaiian will have a dividend payout ratio of 80.00 % in the coming year. This indicates that First Hawaiian may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Hawaiian insiders have bought more of their company's stock than they have sold. Specifically, they have bought $48,922.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.57% of the stock of First Hawaiian is held by insiders.
Percentage Held by Institutions
98.57% of the stock of First Hawaiian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for First Hawaiian are expected to grow by 26.21% in the coming year, from $1.03 to $1.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Hawaiian is 9.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Hawaiian is 9.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.68.
Price to Book Value per Share Ratio
First Hawaiian has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.95 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FHB

Previous SymbolNYSE:FHB

CUSIPN/A

CIK36377

Webwww.fhb.com

Phone808-525-7000

Debt

Debt-to-Equity Ratio0.08

Current Ratio0.82

Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio9.34

Forward P/E Ratio17.41

P/E GrowthN/A

Sales & Book Value

Annual Sales$871.22 million

Price / Sales2.67

Cash Flow$3.10 per share

Price / Cash Flow5.79

Book Value$20.52 per share

Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)$2.19

Net Income$284.39 million

Net Margins29.48%

Return on Equity9.73%

Return on Assets1.26%

Miscellaneous

Employees2,100

Outstanding Shares129,828,000

Market Cap$2.33 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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First Hawaiian (NASDAQ:FHB) Frequently Asked Questions

How has First Hawaiian's stock been impacted by COVID-19 (Coronavirus)?

First Hawaiian's stock was trading at $18.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FHB shares have decreased by 4.1% and is now trading at $17.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of First Hawaiian?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Hawaiian in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Hawaiian.

When is First Hawaiian's next earnings date?

First Hawaiian is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for First Hawaiian.

How were First Hawaiian's earnings last quarter?

First Hawaiian Inc (NASDAQ:FHB) announced its earnings results on Friday, April, 24th. The bank reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.06. The bank had revenue of $187.91 million for the quarter, compared to the consensus estimate of $188.14 million. First Hawaiian had a net margin of 29.48% and a return on equity of 9.73%. During the same period last year, the company posted $0.53 earnings per share. View First Hawaiian's earnings history.

How often does First Hawaiian pay dividends? What is the dividend yield for First Hawaiian?

First Hawaiian declared a quarterly dividend on Wednesday, April 22nd. Investors of record on Tuesday, May 26th will be paid a dividend of $0.26 per share on Friday, June 5th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date of this dividend is Friday, May 22nd. View First Hawaiian's dividend history.

What price target have analysts set for FHB?

7 brokerages have issued 1 year target prices for First Hawaiian's shares. Their forecasts range from $15.00 to $31.00. On average, they expect First Hawaiian's stock price to reach $21.83 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price. View analysts' price targets for First Hawaiian.

Has First Hawaiian been receiving favorable news coverage?

Press coverage about FHB stock has trended positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Hawaiian earned a news impact score of 2.4 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutFirst Hawaiian.

Are investors shorting First Hawaiian?

First Hawaiian saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,760,000 shares, an increase of 5.7% from the April 30th total of 2,610,000 shares. Based on an average daily trading volume, of 1,290,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 2.1% of the company's stock are sold short. View First Hawaiian's Current Options Chain.

Who are some of First Hawaiian's key competitors?

Some companies that are related to First Hawaiian include Ally Financial (ALLY), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC), First Financial Bankshares (FFIN), Glacier Bancorp (GBCI), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Popular (BPOP), Bank Ozk (OZK), United Bankshares (UBSI), Home Bancshares (HOMB), Bank of Hawaii (BOH) and CVB Financial (CVBF). View all competitors.

What other stocks do shareholders of First Hawaiian own?

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), Chipotle Mexican Grill (CMG), AT&T (T), Albemarle (ALB), General Electric (GE), Landec (LNDC), Skyworks Solutions (SWKS) and Verizon Communications (VZ).

Who are First Hawaiian's key executives?

First Hawaiian's management team includes the following people:

Mr. Robert S. Harrison, Chairman & CEO (Age 59)
Mr. Eric K. Yeaman, Pres & COO (Age 51)
Mr. Ravi Mallela, Exec. VP of Fin. Group, CFO & Treasurer (Age 49)
Mr. Alan H. Arizumi, Vice Chairman of Wealth Management Group (Age 60)
Mr. Mitchell E. Nishimoto, Vice Chairman & Head of Retail Banking Group (Age 55)

When did First Hawaiian IPO?

(FHB) raised $464 million in an initial public offering 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.

What is First Hawaiian's stock symbol?

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

Who are First Hawaiian's major shareholders?

First Hawaiian's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (4.84%), The Manufacturers Life Insurance Company (4.46%), JPMorgan Chase & Co. (4.07%), Wells Fargo & Company MN (4.00%), Villere ST Denis J & Co. LLC (2.29%) and Yacktman Asset Management LP (2.18%). Company insiders that own First Hawaiian stock include Mitchell Nishimoto, Paribas Bnp, Ravi Mallela and Robert S Harrison. View institutional ownership trends for First Hawaiian.

Which major investors are selling First Hawaiian stock?

FHB stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Deprince Race & Zollo Inc., Victory Capital Management Inc., Victory Capital Management Inc., BlackRock Inc., Russell Investments Group Ltd., Wellington Management Group LLP, and AQR Capital Management LLC. View insider buying and selling activity for First Hawaiian.

Which major investors are buying First Hawaiian stock?

FHB stock was acquired by a variety of institutional investors in the last quarter, including Yacktman Asset Management LP, The Manufacturers Life Insurance Company , Wells Fargo & Company MN, Fuller & Thaler Asset Management Inc., APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., and JPMorgan Chase & Co.. Company insiders that have bought First Hawaiian stock in the last two years include Ravi Mallela, and Robert S Harrison. View insider buying and selling activity for First Hawaiian.

How do I buy shares of First Hawaiian?

Shares of FHB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Hawaiian's stock price today?

One share of FHB stock can currently be purchased for approximately $17.93.

How big of a company is First Hawaiian?

First Hawaiian has a market capitalization of $2.33 billion and generates $871.22 million in revenue each year. The bank earns $284.39 million in net income (profit) each year or $2.19 on an earnings per share basis. First Hawaiian employs 2,100 workers across the globe.

What is First Hawaiian's official website?

The official website for First Hawaiian is www.fhb.com.

How can I contact First Hawaiian?

First Hawaiian's mailing address is 999 BISHOP STREET, HONOLULU HI, 96813. The bank can be reached via phone at 808-525-7000 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff