NYSE:HE

Hawaiian Electric Industries Stock Forecast, Price & News

$42.16
+0.41 (+0.98 %)
(As of 06/24/2021 12:00 AM ET)
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Today's Range
$41.53
$42.23
50-Day Range
$41.75
$45.35
52-Week Range
$31.83
$45.97
Volume253,585 shs
Average Volume373,044 shs
Market Capitalization$4.60 billion
P/E Ratio20.17
Dividend Yield3.26%
Beta0.23
30 days | 90 days | 365 days | Advanced Chart
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Hawaiian Electric Industries logo

About Hawaiian Electric Industries

Hawaiian Electric Industries, Inc., through its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in 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 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

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MarketRank

Overall MarketRank

1.39 out of 5 stars

Utilities Sector

95th out of 281 stocks

Electric Services Industry

38th out of 79 stocks

Analyst Opinion: 0.8Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
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Hawaiian Electric Industries (NYSE:HE) Frequently Asked Questions

Is Hawaiian Electric Industries a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Hawaiian Electric Industries stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HE, but not buy additional shares or sell existing shares.
View analyst ratings for Hawaiian Electric Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Hawaiian Electric Industries?

Wall Street analysts have given Hawaiian Electric Industries a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Hawaiian Electric Industries wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Hawaiian Electric Industries?

Hawaiian Electric Industries saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 1,410,000 shares, a drop of 24.6% from the May 13th total of 1,870,000 shares. Based on an average daily volume of 639,700 shares, the short-interest ratio is presently 2.2 days. Approximately 1.3% of the company's stock are short sold.
View Hawaiian Electric Industries' Short Interest
.

When is Hawaiian Electric Industries' next earnings date?

Hawaiian Electric Industries is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Hawaiian Electric Industries
.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) announced its quarterly earnings data on Friday, May, 7th. The utilities provider reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.36 by $0.23. The utilities provider earned $642.95 million during the quarter. Hawaiian Electric Industries had a net margin of 9.06% and a trailing twelve-month return on equity of 9.63%.
View Hawaiian Electric Industries' earnings history
.

How has Hawaiian Electric Industries' stock price been impacted by COVID-19?

Hawaiian Electric Industries' stock was trading at $42.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HE shares have increased by 0.4% and is now trading at $42.16.
View which stocks have been most impacted by COVID-19
.

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, May 6th. Investors of record on Thursday, May 20th will be given a dividend of $0.34 per share on Thursday, June 10th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Wednesday, May 19th.
View Hawaiian Electric Industries' dividend history
.

Is Hawaiian Electric Industries a good dividend stock?

Hawaiian Electric Industries pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.26%. Hawaiian Electric Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Hawaiian Electric Industries is 75.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Hawaiian Electric Industries will have a dividend payout ratio of 65.07% next year. This indicates that Hawaiian Electric Industries will be able to sustain or increase its dividend.
View Hawaiian Electric Industries' dividend history.

What guidance has Hawaiian Electric Industries issued on next quarter's earnings?

Hawaiian Electric Industries updated its FY 2021 earnings guidance on Tuesday, June, 1st. The company provided EPS guidance of 1.900-2.050 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.920. The company issued revenue guidance of -.

What price target have analysts set for HE?

4 equities research analysts have issued 1 year target prices for Hawaiian Electric Industries' shares. Their forecasts range from $30.00 to $45.00. On average, they anticipate Hawaiian Electric Industries' share price to reach $37.75 in the next year. This suggests that the stock has a possible downside of 10.5%.
View analysts' price targets for Hawaiian Electric Industries
or view top-rated stocks among Wall Street analysts.

Who are Hawaiian Electric Industries' key executives?

Hawaiian Electric Industries' management team includes the following people:
  • Ms. Constance Hee Lau, Pres, CEO & Director (Age 68, Pay $2.15M)
  • Mr. Gregory C. Hazelton, Exec. VP & CFO (Age 57, Pay $982.91k)
  • Mr. Kurt K. Murao, Exec. VP, Gen. Counsel, Chief Admin. Officer & Corp. Sec. (Age 51, Pay $596.95k)
  • Mr. Scott W. H. Seu, Pres, CEO & Director of Hawaiian Electric Company, Inc. (Age 55, Pay $814.34k)
  • Julie R. Smolinski, VP of Investor Relations & Corp. Sustainability
  • Ms. Tayne S. Y. Sekimura, Sr. VP & CFO of Hawaiian Electric Company Inc. (Age 58)
  • Mr. Paul K. Ito, VP of Tax, Controller & Treasurer (Age 50)
  • Mr. Scott Valentino, Pres of Pacific Current
  • Ms. Ann C. Teranishi, CEO & Pres of American Savings Bank
  • Mr. Clifford H. Chen, Mang. of Investor Relations & Strategic Planning (Age 48)

Who are some of Hawaiian Electric Industries' key competitors?

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.84%), Nordea Investment Management AB (2.11%), Geode Capital Management LLC (1.41%), Bank of New York Mellon Corp (1.27%), Acadian Asset Management LLC (1.12%) and Gabelli Funds LLC (0.96%). Company insiders that own Hawaiian Electric Industries stock include Gregory C Hazelton, Holdings LP Valueact, Jeffrey N Watanabe, Micah A Kane and Richard F Wacker.
View institutional ownership trends for Hawaiian Electric Industries
.

Which major investors are selling Hawaiian Electric Industries stock?

HE stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Bank of New York Mellon Corp, Royal Bank of Canada, Northern Trust Corp, Goldman Sachs Group Inc., Russell Investments Group Ltd., Morgan Stanley, and AQR Capital Management LLC.
View insider buying and selling activity for Hawaiian Electric Industries
or view top insider-selling stocks.

Which major investors are buying Hawaiian Electric Industries stock?

HE stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Allianz Asset Management GmbH, BlackRock Inc., Mirae Asset Global Investments Co. Ltd., Beck Bode LLC, Royce & Associates LP, Ergoteles LLC, and River Road Asset Management LLC.
View insider buying and selling activity for Hawaiian Electric Industries
or or view top insider-buying stocks.

How do I buy shares of Hawaiian Electric Industries?

Shares of HE 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 $42.16.

How much money does Hawaiian Electric Industries make?

Hawaiian Electric Industries has a market capitalization of $4.60 billion and generates $2.58 billion in revenue each year. The utilities provider earns $199.71 million in net income (profit) each year or $1.81 on an earnings per share basis.

How many employees does Hawaiian Electric Industries have?

Hawaiian Electric Industries employs 3,702 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..

When was Hawaiian Electric Industries founded?

Hawaiian Electric Industries was founded in 1891.

What is Hawaiian Electric Industries' official website?

The official website for Hawaiian Electric Industries is www.hei.com.

Where are Hawaiian Electric Industries' headquarters?

Hawaiian Electric Industries is headquartered at 1001 Bishop Street Suite 2900, Honolulu HI, 96813.

How can I contact Hawaiian Electric Industries?

Hawaiian Electric Industries' mailing address is 1001 Bishop Street Suite 2900, Honolulu HI, 96813. The utilities provider can be reached via phone at 808-543-5662 or via email at [email protected]


This page was last updated on 6/25/2021 by MarketBeat.com Staff
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