Hawaiian Electric Industries Company Profile (NYSE:HE)

About Hawaiian Electric Industries

Hawaiian Electric Industries logoHawaiian Electric Industries, Inc. (HEI) is a holding company with its principal subsidiaries engaged in electric utility and banking businesses operating primarily in the State of Hawaii. The Company's segments include Electric utility, Bank and Other. The Company operates its electric utility business through Hawaiian Electric Company, Inc. and its subsidiaries, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited (Maui Electric). The Company operates its Bank segment through its banking subsidiaries, ASB Hawaii, Inc. (ASB Hawaii) and American Savings Bank, F.S.B. (ASB). The Company's Electric utility segment is involved in the business of generating, purchasing, transmitting, distributing and selling electric energy on all principal islands in Hawaii other than Kauai, and operates on over five separate grids. ASB is a federally chartered savings bank providing a range of banking services to individual and business customers through its branch system in Hawaii.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Exchange: NYSE
  • Symbol: HE
  • CUSIP: 41987010
Key Metrics:
  • Previous Close: $32.65
  • 50 Day Moving Average: $33.21
  • 200 Day Moving Average: $31.11
  • 52-Week Range: $28.31 - $34.98
  • Trailing P/E Ratio: 14.26
  • Foreward P/E Ratio: 18.14
  • P/E Growth: 7.41
  • Market Cap: $3.55B
  • Outstanding Shares: 108,583,000
  • Beta: 0.31
Profitability:
  • Net Margins: 10.38%
  • Return on Equity: 9.64%
  • Return on Assets: 1.59%
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 0.90%
  • Quick Ratio: 0.90%
Additional Links:
Companies Related to Hawaiian Electric Industries:

Analyst Ratings

Consensus Ratings for Hawaiian Electric Industries (NYSE:HE) (?)
Ratings Breakdown: 1 Sell Rating
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $27.00 (17.30% downside)

Analysts' Ratings History for Hawaiian Electric Industries (NYSE:HE)
Show:
DateFirmActionRatingPrice TargetDetails
1/20/2017Barclays PLCBoost Price TargetSell$25.00 -> $27.00View Rating Details
11/20/2015Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
7/2/2015MacquarieReiterated RatingNeutral$34.00 -> $31.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Hawaiian Electric Industries (NYSE:HE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/14/2017Q416$0.42$0.41$705.92 million$617.40 millionViewListenView Earnings Details
11/9/2016Q316$0.50$0.58$728.12 million$646.05 millionViewN/AView Earnings Details
5/4/2016Q116$0.37$0.31$588.65 million$550.96 millionViewListenView Earnings Details
2/11/2016Q415$0.40$0.41$1.26 billion$624.03 millionViewListenView Earnings Details
11/5/2015Q315$0.50$0.49$944.27 million$717.20 millionViewListenView Earnings Details
8/10/2015Q215$0.45$0.39$799.41 million$623.90 millionViewListenView Earnings Details
5/6/2015Q1 15$0.43$0.35ViewN/AView Earnings Details
2/12/2015Q414$0.32$0.36$799.26 million$790.00 millionViewListenView Earnings Details
11/6/2014Q3$0.42$0.46ViewListenView Earnings Details
8/11/2014Q2$0.38$0.41$795.97 million$798.70 millionViewListenView Earnings Details
5/7/2014Q1$0.35$0.45$738.83 million$783.75 millionViewListenView Earnings Details
2/18/2014Q313$0.37$0.39$914.60 millionViewListenView Earnings Details
11/7/2013Q213$0.51$0.48$907.62 million$831.23 millionViewListenView Earnings Details
5/8/2013Q1 2013$0.38$0.34$822.11 million$784.06 millionViewListenView Earnings Details
2/15/2013Q4 2012$0.32$0.39$851.03 million$838.15 millionViewListenView Earnings Details
11/3/2011$0.43$0.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hawaiian Electric Industries (NYSE:HE)
Current Year EPS Consensus Estimate: $1.68 EPS
Next Year EPS Consensus Estimate: $1.80 EPS

Dividends

Current Dividend Information for Hawaiian Electric Industries (NYSE:HE)
Annual Dividend:$1.24
Dividend Yield:3.80%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:54.63% (Based on Trailing 12 Months of Earnings)
73.81% (Based on Current Year Consensus EPS Estimate)
68.89% (Based on Next Year Consensus EPS Estimate)

Dividend History for Hawaiian Electric Industries (NYSE:HE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/14/2017Quarterly$0.313.81%2/22/20172/24/20173/10/2017
11/2/2016quarterly$0.3111/18/201611/22/201612/13/2016
8/3/2016quarterly$0.318/22/20168/24/20169/12/2016
5/4/2016quarterly$0.315/26/20165/31/20166/15/2016
2/10/2016quarterly$0.312/18/20162/22/20163/10/2016
11/5/2015quarterly$0.3111/19/201511/23/201512/10/2015
8/10/2015quarterly$0.314.05%8/20/20158/24/20159/10/2015
5/6/2015quarterly$0.314.02%5/20/20155/22/20156/10/2015
2/11/2015quarterly$0.313.72%2/20/20152/24/20153/10/2015
11/6/2014quarterly$0.314.38%11/19/201411/21/201412/10/2014
8/8/2014quarterly$0.315.25%8/20/20148/22/20149/10/2014
5/7/2014quarterly$0.315.22%5/20/20145/22/20146/10/2014
2/11/2014quarterly$0.314.75%2/21/20142/25/20143/12/2014
11/8/2013quarterly$0.314.65%11/18/201311/20/201312/11/2013
8/7/2013quarterly$0.314.69%8/19/20138/21/20139/11/2013
5/9/2013quarterly$0.314.52%5/20/20135/22/20136/12/2013
5/8/2013special$0.315/20/20135/22/20136/12/2013
2/7/2013quarterly$0.314.5%2/19/20132/21/20133/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Hawaiian Electric Industries (NYSE:HE)
Insider Ownership Percentage: 0.86%
Institutional Ownership Percentage: 45.46%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2016Barry K. TaniguchiDirectorSell14,942$30.29$452,593.18View SEC Filing  
8/25/2016Chester A. RichardsonEVPSell15,921$30.16$480,177.36View SEC Filing  
8/15/2016A Maurice MyersDirectorSell34,500$30.47$1,051,215.00View SEC Filing  
8/10/2016Thomas B FargoDirectorSell7,000$30.60$214,200.00View SEC Filing  
12/30/2014Peggy Y FowlerDirectorBuy237$34.32$8,133.84View SEC Filing  
9/30/2014Peggy Y FowlerDirectorBuy304$26.72$8,122.88View SEC Filing  
12/3/2013Jeffrey WatanabeDirectorSell4,000$25.33$101,320.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Hawaiian Electric Industries (NYSE:HE)
DateHeadline
4-traders.com logoHAWAIIAN ELECTRIC INDUSTRIES, INC. : ex-dividend day (NYSE:HE)
www.4-traders.com - February 22 at 12:54 PM
nasdaq.com logoHawaiian Electric Industries, Inc. (HE) Ex-Dividend Date Scheduled for ... (NYSE:HE)
www.nasdaq.com - February 22 at 12:54 PM
News IconABR Of Hawaiian Electric Industries, Inc. (NYSE:HE) At 3.5 - Stock Observer (NYSE:HE)
www.thestockobserver.com - February 18 at 12:14 PM
News IconHawaiian Electric Industries, Inc. (NYSE:HE) Consensus Price At $30.5 - Transcript Daily (NYSE:HE)
transcriptdaily.com - February 18 at 12:14 PM
finance.yahoo.com logoHawaiian Electric (HE) Q4 Earnings Miss, Expenses Drop Y/Y (NYSE:HE)
finance.yahoo.com - February 16 at 5:32 PM
bizjournals.com logoKelvin Taketa to step down as CEO of Hawaii Community Foundation (NYSE:HE)
www.bizjournals.com - February 16 at 5:32 PM
finance.yahoo.com logoEdited Transcript of HE earnings conference call or presentation 14-Feb-17 8:00pm GMT (NYSE:HE)
finance.yahoo.com - February 15 at 6:06 AM
streetinsider.com logoHawaiian Electric's (HE) CFO to Ajello Retire; Hazelton Named as Successor (NYSE:HE)
www.streetinsider.com - February 14 at 11:58 PM
4-traders.com logoHawaiian Electric Industries : HEI posts 4Q profit (NYSE:HE)
www.4-traders.com - February 14 at 6:56 PM
News IconWhat are analysts saying about Hawaiian Electric Industries Inc’s (HE) future? (NYSE:HE)
simplywall.st - February 14 at 6:56 PM
seekingalpha.com logoHawaiian Electric Industries Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:HE)
seekingalpha.com - February 14 at 6:56 PM
biz.yahoo.com logoQ4 2016 Hawaiian Electric Industries Inc Earnings Release - After Market Close (NYSE:HE)
us.rd.yahoo.com - February 14 at 6:56 PM
us.rd.yahoo.com logoHawaiian Electric Industries Reports 2016 Year-End & Fourth Quarter Earnings (NYSE:HE)
us.rd.yahoo.com - February 14 at 6:56 PM
us.rd.yahoo.com logoHawaiian Electric Industries Announces the Retirement of Executive Vice President and Chief Financial Officer, James A. Ajello (NYSE:HE)
us.rd.yahoo.com - February 14 at 6:56 PM
biz.yahoo.com logoHAWAIIAN ELECTRIC INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements (NYSE:HE)
us.rd.yahoo.com - February 14 at 6:56 PM
us.rd.yahoo.com logo2:20 pm Hawaiian Electric misses by $0.01, misses on revs; announces CFO is retiring at end of 1Q17 (NYSE:HE)
us.rd.yahoo.com - February 14 at 6:56 PM
sg.finance.yahoo.com logoHEI posts 4Q profit (NYSE:HE)
sg.finance.yahoo.com - February 14 at 6:55 PM
bizjournals.com logoHawaii PUC plans its next move (NYSE:HE)
www.bizjournals.com - February 10 at 6:23 PM
News IconStock Sheet: Reviewing the Levels for Hawaiian Electric Industries, Inc. (NYSE:HE) - Baldwin Journal (NYSE:HE)
baldwinjournal.com - February 8 at 11:16 PM
News IconHawaiian Electric Industries, Inc. (NYSE:HE) EPS Projection Set At $0.42 - Transcript Daily (NYSE:HE)
transcriptdaily.com - February 5 at 5:24 PM
News IconABR Of Hawaiian Electric Industries, Inc. (NYSE:HE) At 3.5 | Stock ... - Stock Observer (NYSE:HE)
www.thestockobserver.com - February 4 at 5:44 PM
streetinsider.com logoForm 4 HAWAIIAN ELECTRIC INDUST For: Jan 31 Filed by: LAU CONSTANCE H (NYSE:HE)
www.streetinsider.com - February 3 at 4:19 AM
bizjournals.com logoHawaiian Electric doing just fine without NextEra Energy, PUC chairman says (NYSE:HE)
www.bizjournals.com - February 1 at 11:21 PM
News IconThe Stock In Focus – Hawaiian Electric Industries, Inc. (NYSE:HE) - Transcript Daily (NYSE:HE)
transcriptdaily.com - February 1 at 6:20 PM
bizjournals.com logoHawaiian Electric strikes deal with NRG Energy to revive 3 big solar projects (NYSE:HE)
www.bizjournals.com - January 31 at 11:23 PM
bizjournals.com logoHawaii's American Savings Bank reports 7.2% increase in Q4 net income (NYSE:HE)
www.bizjournals.com - January 31 at 4:26 AM
finance.yahoo.com logoAmerican Savings Bank Reports 2016 And Fourth Quarter Earnings (NYSE:HE)
finance.yahoo.com - January 30 at 11:25 PM
bizjournals.com logoBill seeks to streamline future Hawaii utility acquisitions (NYSE:HE)
www.bizjournals.com - January 30 at 11:32 AM
News IconAre Analysts Predicting a Near-Term Upswing For Hawaiian Electric Industries, Inc. (NYSE:HE)? - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 29 at 3:50 AM
bizjournals.com logoAmerican Savings Bank sets start date for construction of new headquarters (NYSE:HE)
www.bizjournals.com - January 28 at 1:05 AM
News IconHawaiian Holdings Inc. (NASDAQ:HA) Stock current Trends Analysis (NYSE:HE)
flapship.com - January 27 at 12:14 AM
News IconEarnings in Full Force, Analysts Take Aim at Hawaiian Electric Industries, Inc. (NYSE:HE) - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 26 at 5:02 AM
bizjournals.com logoHawaii's largest solar farm now operational (NYSE:HE)
www.bizjournals.com - January 26 at 12:01 AM
News IconSell-side Taking Aim at Shares of Hawaiian Electric Industries, Inc. (NYSE:HE) - Aiken Advocate (NYSE:HE)
aikenadvocate.com - January 23 at 4:05 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. To Announce Fourth Quarter And Year-End 2016 Earnings And 2017 EPS Guidance On February 14, 2017; American Savings Bank To Announce 2016 Earnings On January 30, 2017 (NYSE:HE)
finance.yahoo.com - January 23 at 4:05 PM
News IconValue Composite Score Update on Hawaiian Electric Industries, Inc. (NYSE:HE) - The Tribune (NYSE:HE)
lakecitytribune.com - January 23 at 11:09 AM
News IconInvestor Box: Viewing Levels on Shares of Hawaiian Electric Industries Inc. (HE) - Rives Journal (NYSE:HE)
rivesjournal.com - January 22 at 5:33 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Hawaiian Electric Industries, Inc. (NYSE:HE) - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 20 at 6:58 PM
capitalcube.com logoHawaiian Electric Industries, Inc. : HE-US: Dividend Analysis : November 22nd, 2016 (record date) : By the numbers : January 20, 2017 (NYSE:HE)
www.capitalcube.com - January 20 at 6:58 PM
finance.yahoo.com logoDuke Energy Unit Buys 55 MW Solar Projects from SunPower (NYSE:HE)
finance.yahoo.com - January 19 at 4:09 AM
News IconWill The Needle Move For Hawaiian Electric Industries, Inc. (NYSE:HE) Shares This Earnings Season? - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 17 at 3:39 PM
4-traders.com logoHawaiian Electric : Wind farms killing more bats than expected (NYSE:HE)
www.4-traders.com - January 14 at 5:39 PM
4-traders.com logoHawaiian Electric : Wind farms killing more bats than expected (NYSE:HE)
www.4-traders.com - January 14 at 5:39 PM
News IconNumbers in Focus for Hawaiian Electric Industries, Inc. (NYSE:HE) - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 12 at 6:06 PM
News IconCompany Stock Review for Hawaiian Electric Industries, Inc. (NYSE:HE) - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 11 at 11:14 PM
News IconMarket Spotlight: Focusing on Shares of Hawaiian Electric Industries, Inc. (NYSE:HE) - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 9 at 11:22 PM
News IconConsensus Price Of Hawaiian Electric Industries, Inc. (NYSE:HE) At $30.5 - Transcript Daily (NYSE:HE)
transcriptdaily.com - January 8 at 12:31 AM
News IconHawaiian Electric Industries, Inc. (NYSE:HE) ABR At 3.5 - Stock Observer (NYSE:HE)
www.thestockobserver.com - January 7 at 7:31 PM
News IconWatching the Levels for Hawaiian Electric Industries, Inc. (NYSE:HE) - Wall Street Beacon (NYSE:HE)
wsbeacon.com - January 4 at 11:44 PM
biz.yahoo.com logoHAWAIIAN ELECTRIC INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:HE)
biz.yahoo.com - January 4 at 1:22 AM

Social

What is Hawaiian Electric Industries' stock symbol?

Hawaiian Electric Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "HE."

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 Tuesday, February 14th. Stockholders of record on Friday, February 24th will be given a dividend of $0.31 per share on Friday, March 10th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Wednesday, February 22nd.

Where is Hawaiian Electric Industries' stock going? Where will Hawaiian Electric Industries' stock price be in 2017?

1 analysts have issued 12 month price targets for Hawaiian Electric Industries' shares. Their forecasts range from $27.00 to $27.00. On average, they anticipate Hawaiian Electric Industries' stock price to reach $27.00 in the next year.

When will Hawaiian Electric Industries announce their earnings?

Hawaiian Electric Industries is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns Hawaiian Electric Industries stock?

Hawaiian Electric Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (2.66%), Gabelli Funds LLC (1.07%), AQR Capital Management LLC (1.03%), Dimensional Fund Advisors LP (0.87%), Denver Investment Advisors LLC (0.52%) and Renaissance Technologies LLC (0.47%). Company insiders that own Hawaiian Electric Industries stock include A Maurice Myers, Barry K Taniguchi, Chester A Richardson and Thomas B Fargo.

Who sold Hawaiian Electric Industries stock? Who is selling Hawaiian Electric Industries stock?

Hawaiian Electric Industries' stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Janus Capital Management LLC, Renaissance Technologies LLC, Denver Investment Advisors LLC, Baird Financial Group Inc., State Street Corp, Guggenheim Capital LLC and Boothbay Fund Management LLC. Company insiders that have sold Hawaiian Electric Industries stock in the last year include A Maurice Myers, Barry K Taniguchi, Chester A Richardson and Thomas B Fargo.

Who bought Hawaiian Electric Industries stock? Who is buying Hawaiian Electric Industries stock?

Hawaiian Electric Industries' stock was purchased by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Luminus Management LLC, Martingale Asset Management L P, Russell Investments Group Ltd., Thrivent Financial for Lutherans, Zebra Capital Management LLC, Flinton Capital Management LLC and Tyers Asset Management LLC.

How do I buy Hawaiian Electric Industries stock?

Shares of Hawaiian Electric Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Hawaiian Electric Industries stock cost?

One share of Hawaiian Electric Industries stock can currently be purchased for approximately $32.65.

Hawaiian Electric Industries (NYSE:HE) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Hawaiian Electric Industries (NYSE:HE)

Earnings History Chart

Earnings by Quarter for Hawaiian Electric Industries (NYSE:HE)

Dividend History Chart

Dividend Payments by Quarter for Hawaiian Electric Industries (NYSE:HE)

Last Updated on 2/22/2017 by MarketBeat.com Staff