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NYSE:HE

Hawaiian Electric Industries (HE) Stock Price, News & Analysis

$13.28
-0.01 (-0.08%)
(As of 12:16 PM ET)
Today's Range
$13.12
$13.32
50-Day Range
$12.48
$15.40
52-Week Range
$9.06
$41.72
Volume
557,752 shs
Average Volume
2.37 million shs
Market Capitalization
$1.46 billion
P/E Ratio
7.34
Dividend Yield
N/A
Price Target
$11.50

Hawaiian Electric Industries MarketRank™ Stock Analysis

Analyst Rating
Sell
1.33 Rating Score
Upside/​Downside
12.6% Downside
$11.50 Price Target
Short Interest
Bearish
15.02% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.63
Upright™ Environmental Score
News Sentiment
0.72mentions of Hawaiian Electric Industries in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.13 out of 5 stars

Utilities Sector

159th out of 172 stocks

Electric Services Industry

77th out of 78 stocks

HE stock logo

About Hawaiian Electric Industries Stock (NYSE:HE)

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and non-regulated renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates through 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. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates branches in Oahu, Maui, Hawaii, Kauai, and Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.

HE Stock Price History

HE Stock News Headlines

HE Feb 2024 15.000 put
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
HEI Reports 2023 Results
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
Hawaiian Electric Industries (HE) to Release Earnings on Tuesday
Hawaiian Electric Industries Inc
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
2/21/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
41987010
Employees
3,756
Year Founded
1891

Price Target and Rating

Average Stock Price Target
$11.50
High Stock Price Target
$18.00
Low Stock Price Target
$8.50
Potential Upside/Downside
-13.5%
Consensus Rating
Sell
Rating Score (0-4)
1.33
Research Coverage
3 Analysts

Profitability

Net Income
$201.13 million
Pretax Margin
6.93%

Debt

Sales & Book Value

Annual Sales
$3.68 billion
Cash Flow
$4.98 per share
Book Value
$20.12 per share

Miscellaneous

Free Float
109,177,000
Market Cap
$1.46 billion
Optionable
Optionable
Beta
0.56

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Key Executives

  • Mr. Scott W. H. Seu (Age 58)
    President, CEO & Director
    Comp: $1.74M
  • Mr. Kurt K. Murao (Age 54)
    Executive VP, General Counsel, Chief Administrative Officer & Corporate Secretary
    Comp: $699.42k
  • Ms. Shelee M. T. Kimura (Age 51)
    President & CEO of Hawaiian Electric Company, Inc.
    Comp: $699.91k
  • Ms. Ann C. Teranishi (Age 49)
    CEO, President & Director of American Savings Bank
    Comp: $1.43M
  • Mr. Scott Deghetto (Age 61)
    Executive VP, CFO & Treasurer
  • Bruce Tamashiro
    Controller & Principal Accounting Officer
  • Mateo Garcia
    Director of Investor Relations
  • Ms. Erin P. Kippen
    VP, General Counsel, Chief Compliance Officer & Corporate Secretary
  • James P. Kelly
    Vice President of Government, Community Relations & Corporate Communications
  • Ms. Jacqueline I. U. Ingamells
    VP of Human Resources & Chief People Strategist














HE Stock Analysis - Frequently Asked Questions

Should I buy or sell Hawaiian Electric Industries stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" HE shares.
View HE analyst ratings
or view top-rated stocks.

What is Hawaiian Electric Industries' stock price target for 2024?

3 equities research analysts have issued 12 month price targets for Hawaiian Electric Industries' shares. Their HE share price targets range from $8.50 to $18.00. On average, they anticipate the company's stock price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 12.6%.
View analysts price targets for HE
or view top-rated stocks among Wall Street analysts.

How have HE shares performed in 2024?

Hawaiian Electric Industries' stock was trading at $14.19 at the beginning of 2024. Since then, HE shares have decreased by 7.3% and is now trading at $13.16.
View the best growth stocks for 2024 here
.

Are investors shorting Hawaiian Electric Industries?

Hawaiian Electric Industries saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 16,540,000 shares, an increase of 11.9% from the January 15th total of 14,780,000 shares. Based on an average daily volume of 2,650,000 shares, the short-interest ratio is presently 6.2 days.
View Hawaiian Electric Industries' Short Interest
.

When is Hawaiian Electric Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our HE earnings forecast
.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) posted its quarterly earnings data on Tuesday, February, 13th. The utilities provider reported $0.48 EPS for the quarter, hitting analysts' consensus estimates of $0.48. The utilities provider had revenue of $961.40 million for the quarter. Hawaiian Electric Industries had a net margin of 5.45% and a trailing twelve-month return on equity of 10.11%. The company's revenue was down 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 EPS.

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

Hawaiian Electric Industries announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, August 18th will be paid a dividend of $0.36 per share on Friday, September 8th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.94%. The ex-dividend date of this dividend is Thursday, August 17th.
Read our dividend analysis for HE
.

What other stocks do shareholders of Hawaiian Electric Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hawaiian Electric Industries investors own include AT&T (T), Verizon Communications (VZ), Gilead Sciences (GILD), Bank of America (BAC), Exxon Mobil (XOM), Costco Wholesale (COST), Johnson & Johnson (JNJ), Occidental Petroleum (OXY), JPMorgan Chase & Co. (JPM) and Caterpillar (CAT).

Who are Hawaiian Electric Industries' major shareholders?

Hawaiian Electric Industries' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.90%), Charles Schwab Investment Management Inc. (1.47%), Assenagon Asset Management S.A. (1.22%), First Trust Advisors LP (1.11%), Gabelli Funds LLC (0.84%) and Verition Fund Management LLC (0.57%). Insiders that own company stock include Constance H Lau, Gregory C Hazelton, Gregory C Hazelton and Keith P Russell.
View institutional ownership trends
.

How do I buy shares of Hawaiian Electric Industries?

Shares of HE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Hawaiian Electric Industries have any subsidiaries?
The following companies are subsidiares of Hawaiian Electric Industries: ASB Hawaii Inc., American Savings Bank F.S.B., HECO Capital Trust III (a statutory trust), Hamakua Energy LLC, Hamakua Holdings LLC, Hawaii Electric Light Company Inc., Hawaiian Electric Company Inc., Maui Electric Company Limited, Mauo Holdings LLC, Mauo LLC, Pacific Current LLC, Renewable Hawaii Inc., The Old Oahu Tug Service Inc., and Uluwehiokama Biofuels Corp..
Read More
This page (NYSE:HE) was last updated on 2/21/2024 by MarketBeat.com Staff

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