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NYSE:HE

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

$12.34
-0.23 (-1.83%)
(As of 02/28/2024 ET)
Today's Range
$12.30
$12.60
50-Day Range
$12.24
$15.40
52-Week Range
$9.06
$40.29
Volume
1.97 million shs
Average Volume
2.36 million shs
Market Capitalization
$1.36 billion
P/E Ratio
6.82
Dividend Yield
N/A
Price Target
$11.50

Hawaiian Electric Industries MarketRank™ Stock Analysis

Analyst Rating
Sell
1.33 Rating Score
Upside/​Downside
6.8% Downside
$11.50 Price Target
Short Interest
Healthy
13.74% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.63
Upright™ Environmental Score
News Sentiment
0.69mentions of Hawaiian Electric Industries in the last 14 days
Based on 9 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.

1.57 out of 5 stars

Utilities Sector

76th out of 88 stocks

Electric Services Industry

35th out of 38 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 Mar 2024 10.500 put
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
HE Mar 2024 14.500 call
HE Mar 2024 10.000 put
Amaersco Flat on Hawaiian Electric Award
HE Feb 2024 15.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
HEI Reports 2023 Results
Hawaiian Electric Industries Inc
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
2/28/2024
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
-6.6%
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
$4.94 per share
Book Value
$20.12 per share

Miscellaneous

Free Float
109,177,000
Market Cap
$1.36 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last year. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued 1 year price objectives for Hawaiian Electric Industries' stock. Their HE share price targets range from $8.50 to $18.00. On average, they predict the company's share price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 6.8%.
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 stock has decreased by 13.0% and is now trading at $12.3450.
View the best growth stocks for 2024 here
.

Are investors shorting Hawaiian Electric Industries?

Hawaiian Electric Industries saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 15,130,000 shares, a decline of 8.5% from the January 31st total of 16,540,000 shares. Based on an average daily trading volume, of 2,420,000 shares, the short-interest ratio is presently 6.3 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 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.48. The utilities provider earned $961.40 million during the quarter. Hawaiian Electric Industries had a trailing twelve-month return on equity of 10.11% and a net margin of 5.45%. The business's revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS.

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, August 3rd. Shareholders 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 yield of 11.66%. The ex-dividend date 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 a number of institutional and retail investors. Top institutional investors 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 2/28/2024 by MarketBeat.com Staff