Positive News SentimentPositive NewsNYSE:HE Hawaiian Electric Industries (HE) Stock Forecast, Price & News $36.01 +0.16 (+0.45%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$35.60▼$36.0950-Day Range$35.85▼$39.6452-Week Range$33.18▼$44.01Volume377,300 shsAverage Volume348,449 shsMarket Capitalization$3.95 billionP/E Ratio17.40Dividend Yield4.00%Price Target$40.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hawaiian Electric Industries MarketRank™ ForecastAnalyst RatingReduce1.33 Rating ScoreUpside/Downside13.2% Upside$40.75 Price TargetShort InterestBearish1.71% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment1.58Based on 4 Articles This WeekInsider TradingSelling Shares$392,100 Sold Last QuarterProj. Earnings Growth6.25%From $2.24 to $2.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.97 out of 5 starsUtilities Sector70th out of 84 stocksElectric Services Industry36th out of 40 stocks 1.7 Analyst's Opinion Consensus RatingHawaiian Electric Industries has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.75, Hawaiian Electric Industries has a forecasted upside of 13.2% from its current price of $36.01.Amount of Analyst CoverageHawaiian Electric Industries has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.71% of the outstanding shares of Hawaiian Electric Industries have been sold short.Short Interest Ratio / Days to CoverHawaiian Electric Industries has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Hawaiian Electric Industries has recently increased by 3.31%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipHawaiian Electric Industries is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHawaiian Electric Industries has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Hawaiian Electric Industries is 69.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hawaiian Electric Industries will have a dividend payout ratio of 60.50% next year. This indicates that Hawaiian Electric Industries will be able to sustain or increase its dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHawaiian Electric Industries has received a -59.85% net impact score from Upright. The largest negative impact of Hawaiian in category "GHG emissions" seems to be driven mostly by its "Economy air travel on international flights", "Business class air travel on international flights", and "Domestic air travel with airplanes using aviation fuel" products. See details.Environmental SustainabilityThe Environmental Impact score for Hawaiian Electric Industries is -5.63. Previous Next 3.1 News and Social Media Coverage News SentimentHawaiian Electric Industries has a news sentiment score of 1.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Hawaiian Electric Industries this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for HE on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Hawaiian Electric Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hawaiian Electric Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $392,100.00 in company stock.Percentage Held by InsidersOnly 0.86% of the stock of Hawaiian Electric Industries is held by insiders.Percentage Held by Institutions52.99% of the stock of Hawaiian Electric Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Hawaiian Electric Industries are expected to grow by 6.25% in the coming year, from $2.24 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hawaiian Electric Industries is 17.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Hawaiian Electric Industries is 17.40, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.63.Price to Earnings Growth RatioHawaiian Electric Industries has a PEG Ratio of 3.70. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHawaiian Electric Industries has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hawaiian Electric Industries (NYSE:HE) StockHawaiian Electric Industries, Inc. is a holding company, which engages in power, financial, and renewable and sustainable infrastructure investment businesses. It operates through the following segments: Electric Utility, Bank, and Other. The Electric Utility segment offers essential electric service on the islands of Oahu, Hawaii, and Maui, Lanai, and Molokai. The Bank segment delivers banking and other financial services to Hawaii consumers and businesses. The Other segment consists of corporate-level operating, general, and administrative expenses. The company was founded by C. Dudley Pratt Jr. in 1981 and is headquartered in Honolulu, HI.Read More Receive HE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hawaiian Electric Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address HE Stock News HeadlinesMay 18, 2023 | americanbankingnews.comHawaiian Electric Industries (NYSE:HE) Coverage Initiated by Analysts at StockNews.comMay 16, 2023 | americanbankingnews.comHawaiian Electric Industries, Inc. (HE) to Issue Quarterly Dividend of $0.36 on June 9thMay 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 11, 2023 | marketwatch.com8-K: HAWAIIAN ELECTRIC INDUSTRIES INCMay 11, 2023 | americanbankingnews.comHawaiian Electric Industries (NYSE:HE) Updates FY 2023 Earnings GuidanceMay 10, 2023 | finance.yahoo.comHawaiian Electric Industries, Inc. (NYSE:HE) Q1 2023 Earnings Call TranscriptMay 10, 2023 | finance.yahoo.comQ1 2023 Hawaiian Electric Industries Inc Earnings CallMay 9, 2023 | bizjournals.comHawaiian Electric Industries announces Q1 financial resultsMay 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 9, 2023 | seekingalpha.comHawaiian Electric Industries, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 9, 2023 | finance.yahoo.comHEI Reports First Quarter 2023 ResultsMay 8, 2023 | msn.comHawaiian Electric Q1 2023 Earnings PreviewMay 6, 2023 | msn.comHawaiian Electric Industries (HE) Declares $0.36 DividendMay 4, 2023 | finance.yahoo.comHEI Declares Quarterly Dividend of $0.36 Per ShareMay 4, 2023 | news.yahoo.comHawaiian Electric bills lower than a year agoMay 2, 2023 | americanbankingnews.comHawaiian Electric Industries (HE) Set to Announce Earnings on TuesdayApril 28, 2023 | finance.yahoo.comAmerican Savings Bank Reports First Quarter 2023 Financial ResultsApril 23, 2023 | yahoo.comKokua Line: When does Hawaiian Electric's variable rate program start?April 16, 2023 | msn.comHECO urged to solve potential power generating problems on MauiApril 15, 2023 | msn.comSenator urges HECO to solve potential power generating problems on MauiApril 14, 2023 | finance.yahoo.comHEI to Announce First Quarter 2023 Results May 9; American Savings Bank to Announce First Quarter Results April 28April 13, 2023 | bizjournals.comHawaiian Electric Industries, Inc. releases environmental, social and governance reportApril 7, 2023 | finance.yahoo.comHawaiian Electric Industries, Inc. (NYSE:HE) is a favorite amongst institutional investors who own 56%April 6, 2023 | bizjournals.comHawaiian Electric customers receive $8.1M in federal credits to reduce energy billsApril 4, 2023 | finance.yahoo.comHEI Releases Latest Consolidated Environmental, Social and Governance (ESG) ReportApril 3, 2023 | bizjournals.comHawaiian Electric employees raised $430K for Aloha United Way in 2022March 26, 2023 | thestreet.comHawaiian Electric Stock To Go Ex-dividend Tomorrow (HE)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hawaiian Electric Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address HE Company Calendar Last Earnings11/05/2021Ex-Dividend for 3/10 Dividend2/22/2023Dividend Payable3/10/2023Ex-Dividend for 6/9 Dividend5/18/2023Today5/30/2023Dividend Payable6/09/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:HE CUSIP41987010 CIK354707 Webwww.hei.com Phone(808) 543-5662Fax808-543-7966Employees3,756Year Founded1891Price Target and Rating Average Stock Price Forecast$40.75 High Stock Price Forecast$43.00 Low Stock Price Forecast$36.00 Forecasted Upside/Downside+13.2%Consensus RatingReduce Rating Score (0-4)1.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.07 Trailing P/E Ratio17.40 Forward P/E Ratio16.08 P/E Growth3.7Net Income$243.03 million Net Margins5.88% Pretax Margin7.39% Return on Equity10.35% Return on Assets1.41% Debt Debt-to-Equity Ratio1.11 Current Ratio0.08 Quick Ratio0.08 Sales & Book Value Annual Sales$3.74 billion Price / Sales1.05 Cash Flow$4.91 per share Price / Cash Flow7.33 Book Value$20.12 per share Price / Book1.79Miscellaneous Outstanding Shares109,570,000Free Float108,630,000Market Cap$3.95 billion OptionableOptionable Beta0.41 Social Links Key ExecutivesScott W.H. SeuPresident, Chief Executive Officer & DirectorPaul K. ItoChief Financial Officer & Executive Vice PresidentKurt K. MuraoSecretary, Chief Administrative Officer & EVPJulie R. SmolinskiVP-Investor Relations & Corporate SustainabilityChristine Nutaitis OhashiVice President-Internal AuditKey CompetitorsPNM ResourcesNYSE:PNMOtter TailNASDAQ:OTTRPortland General ElectricNYSE:PORIDACORPNYSE:IDAOGE EnergyNYSE:OGEView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,372 shares on 5/26/2023Ownership: 0.006%Ameriprise Financial Inc.Bought 514 shares on 5/22/2023Ownership: 0.169%JPMorgan Chase & Co.Bought 77,886 shares on 5/18/2023Ownership: 0.626%New York State Common Retirement FundSold 5,484 shares on 5/18/2023Ownership: 0.087%Mercer Global Advisors Inc. ADVSold 888 shares on 5/16/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions HE Stock - 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 forecast for 2023? 3 brokers have issued 12-month price objectives for Hawaiian Electric Industries' stock. Their HE share price forecasts range from $36.00 to $43.00. On average, they expect the company's share price to reach $40.75 in the next year. This suggests a possible upside of 13.2% from the stock's current price. View analysts price targets for HE or view top-rated stocks among Wall Street analysts. How have HE shares performed in 2023? Hawaiian Electric Industries' stock was trading at $41.85 at the start of the year. Since then, HE shares have decreased by 14.0% and is now trading at $36.01. View the best growth stocks for 2023 here. Are investors shorting Hawaiian Electric Industries? Hawaiian Electric Industries saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,810,000 shares, a decline of 8.1% from the April 15th total of 1,970,000 shares. Based on an average trading volume of 442,700 shares, the short-interest ratio is presently 4.1 days. Approximately 1.7% of the shares of the company are short sold. 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 Monday, August 14th 2023. View our HE earnings forecast. How were Hawaiian Electric Industries' earnings last quarter? Hawaiian Electric Industries, Inc. (NYSE:HE) issued its earnings results on Friday, November, 5th. The utilities provider reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.59 by $0.01. The utilities provider earned $756.90 million during the quarter. Hawaiian Electric Industries had a trailing twelve-month return on equity of 10.35% and a net margin of 5.88%. During the same quarter in the prior year, the firm posted $0.59 earnings per share. How often does Hawaiian Electric Industries pay dividends? What is the dividend yield for Hawaiian Electric Industries? Hawaiian Electric Industries declared a quarterly dividend on Thursday, May 4th. Investors of record on Friday, May 19th will be paid a dividend of $0.36 per share on Friday, June 9th. This represents a $1.44 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend is Thursday, May 18th. Read our dividend analysis for HE. What ETFs hold Hawaiian Electric Industries' stock? ETFs with the largest weight of Hawaiian Electric Industries (NYSE:HE) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Changebridge Long/Short Equity ETF (CBLS), Changebridge Select Equity ETF (CBSE), First Trust Utilities AlphaDEX Fund (FXU), Invesco S&P MidCap Low Volatility ETF (XMLV), iShares U.S. Infrastructure ETF (IFRA), First Trust Value Line Dividend Index Fund (FVD) and iShares Factors US Value Style ETF (STLV). Is Hawaiian Electric Industries a good dividend stock? Hawaiian Electric Industries (NYSE:HE) pays an annual dividend of $1.44 per share and currently has a dividend yield of 4.00%. HE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HE will have a dividend payout ratio of 60.50% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HE. What guidance has Hawaiian Electric Industries issued on next quarter's earnings? Hawaiian Electric Industries issued an update on its FY 2023 earnings guidance on Wednesday, May, 10th. The company provided EPS guidance of $2.15-$2.25 for the period, compared to the consensus EPS estimate of $2.27. The company issued revenue guidance of -. 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). What is Hawaiian Electric Industries' stock symbol? Hawaiian Electric Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "HE." Who are Hawaiian Electric Industries' major shareholders? Hawaiian Electric Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.45%), Nordea Investment Management AB (3.75%), State Street Corp (3.46%), First Trust Advisors LP (1.91%), Geode Capital Management LLC (1.49%) and Bank of New York Mellon Corp (1.46%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Hawaiian Electric Industries' stock price today? One share of HE stock can currently be purchased for approximately $36.01. How much money does Hawaiian Electric Industries make? Hawaiian Electric Industries (NYSE:HE) has a market capitalization of $3.95 billion and generates $3.74 billion in revenue each year. The utilities provider earns $243.03 million in net income (profit) each year or $2.07 on an earnings per share basis. How many employees does Hawaiian Electric Industries have? The company employs 3,756 workers across the globe. 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 How can I contact Hawaiian Electric Industries? Hawaiian Electric Industries' mailing address is 1001 Bishop Street Suite 2900, Honolulu HI, 96813. The official website for the company is www.hei.com. The utilities provider can be reached via phone at (808) 543-5662, via email at ir@hei.com, or via fax at 808-543-7966. This page (NYSE:HE) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hawaiian Electric Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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