Hawaiian Electric Industries Company Profile (NYSE:HE)

About Hawaiian Electric Industries (NYSE:HE)

Hawaiian Electric Industries logoHawaiian Electric Industries, Inc. 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 subsidiaries include Hawaiian Electric Company, Inc. (Hawaiian Electric) and ASB Hawaii, Inc. (ASB Hawaii). Its segments include Electric utility, Bank and Other. It operates its electric utility business through Hawaiian Electric and its subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric). It operates its Bank segment through ASB Hawaii's subsidiary, American Savings Bank, F.S.B. (ASB). Its electric public utilities are in the business of generating, purchasing, transmitting, distributing and selling electric energy. ASB is a federally chartered savings bank providing a range of banking services to individual and business customers.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:HE
  • CUSIP: 41987010
  • Web: www.hei.com
Capitalization:
  • Market Cap: $3.51 billion
  • Outstanding Shares: 108,750,000
Average Prices:
  • 50 Day Moving Avg: $33.30
  • 200 Day Moving Avg: $32.72
  • 52 Week Range: $28.31 - $34.98
P/E:
  • Trailing P/E Ratio: 14.22
  • Foreward P/E Ratio: 18.03
  • P/E Growth: 7.34
Sales & Book Value:
  • Annual Revenue: $2.42 billion
  • Price / Sales: 1.45
  • Book Value: $19.00 per share
  • Price / Book: 1.70
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 3.8%
Profitability:
  • EBIDTA: $553.33 million
  • 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%
Misc:
  • Average Volume: 506,354 shs.
  • Beta: 0.31
  • Short Ratio: 6.36
 

Frequently Asked Questions for Hawaiian Electric Industries (NYSE:HE)

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 Thursday, May 4th. Stockholders of record on Wednesday, May 24th will be given a dividend of $0.31 per share on Monday, June 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date is Monday, May 22nd. View Hawaiian Electric Industries' Dividend History.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) released its earnings results on Friday, May, 5th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.02. The firm earned $591.56 million during the quarter, compared to analysts' expectations of $555.45 million. Hawaiian Electric Industries had a net margin of 10.38% and a return on equity of 9.64%. View Hawaiian Electric Industries' Earnings History.

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

2 equities research analysts have issued 1 year price objectives for Hawaiian Electric Industries' stock. Their predictions range from $29.00 to $29.00. On average, they expect Hawaiian Electric Industries' share price to reach $29.00 in the next twelve months. View Analyst Ratings for Hawaiian Electric Industries.

Who are some of Hawaiian Electric Industries' key competitors?

Who owns Hawaiian Electric Industries stock?

Hawaiian Electric Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.91%), BlackRock Inc. (8.36%), State Street Corp (2.90%), Bank of New York Mellon Corp (2.64%), Wells Fargo & Company MN (2.42%) and First Trust Advisors LP (1.71%). Company insiders that own Hawaiian Electric Industries stock include A Maurice Myers, Barry K Taniguchi, Chester A Richardson and Thomas B Fargo. View Institutional Ownership Trends for Hawaiian Electric Industries.

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 BNP Paribas Arbitrage SA, First Trust Advisors LP, Prudential Financial Inc., Renaissance Technologies LLC, Ameriprise Financial Inc., OppenheimerFunds Inc., Dynamic Advisors Solutions LLC and Russell Investments Group Ltd.. 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. View Insider Buying and Selling for Hawaiian Electric Industries.

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 BlackRock Inc., Wells Fargo & Company MN, Bank of New York Mellon Corp, Los Angeles Capital Management & Equity Research Inc., Vanguard Group Inc., Morgan Stanley, AQR Capital Management LLC and State Street Corp. View Insider Buying and Selling for Hawaiian Electric Industries.

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 $32.27.

Analyst Ratings

Consensus Ratings for Hawaiian Electric Industries (NYSE:HE) (?)
Ratings Breakdown: 2 Sell Ratings
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $29.00 (10.13% downside)

Analysts' Ratings History for Hawaiian Electric Industries (NYSE:HE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/23/2017Barclays PLCReiterated RatingUnderweight$27.00 -> $29.00LowView Rating Details
3/6/2017Evercore ISIDowngradeUnderperformN/AView Rating Details
11/20/2015Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
7/2/2015MacquarieReiterated RatingNeutral$34.00 -> $31.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Hawaiian Electric Industries (NYSE:HE)
Earnings by Quarter for Hawaiian Electric Industries (NYSE:HE)
Earnings History by Quarter for Hawaiian Electric Industries (NYSE:HE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/5/2017Q1 2017$0.29$0.31$555.45 million$591.56 millionViewN/AView Earnings Details
2/14/2017Q416$0.42$0.41$705.92 million$617.40 millionViewListenView Earnings Details
11/4/2016Q316$0.50$0.58$728.12 million$646.05 millionViewN/AView Earnings Details
8/4/2016Q216$0.40$0.43$622.85 million$566.24 millionViewListenView 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$0.45$0.36$787.85 million$637.86 millionViewN/AView Earnings Details
2/12/2015Q414$0.32$0.36$799.26 million$790.00 millionViewListenView Earnings Details
11/6/2014Q3$0.42$0.46$804.07 million$867.10 millionViewListenView Earnings Details
8/11/2014Q2$0.39$0.41$795.97 million$798.70 millionViewListenView Earnings Details
5/7/2014Q1$0.34$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: $1.65 EPS
Next Year EPS Consensus Estimate: $1.79 EPS

Dividends

Current Dividend Information for Hawaiian Electric Industries (NYSE:HE)
Next Dividend:6/12/2017
Annual Dividend:$1.24
Dividend Yield:3.84%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:54.63% (Trailing 12 Months of Earnings)
75.15% (Based on This Year's Estimates)
69.27% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Hawaiian Electric Industries (NYSE:HE)

Dividend History by Quarter for Hawaiian Electric Industries (NYSE:HE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2017quarterly$0.313.7%5/22/20175/24/20176/12/2017
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 and Institutional Ownership History for Hawaiian Electric Industries (NYSE:HE)
Insider Ownership Percentage: 0.86%
Institutional Ownership Percentage: 45.46%
Insider Trades by Quarter for Hawaiian Electric Industries (NYSE:HE)
Institutional Ownership by Quarter for Hawaiian Electric Industries (NYSE:HE)
Insider Trades by Quarter for Hawaiian Electric Industries (NYSE:HE)
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

Headline Trends for Hawaiian Electric Industries (NYSE:HE)
Latest Headlines for Hawaiian Electric Industries (NYSE:HE)
Source:
DateHeadline
nasdaq.com logoHawaiian Electric Industries (HE) Shares Enter Oversold Territory
www.nasdaq.com - May 16 at 5:34 PM
finance.yahoo.com logoETFs with exposure to Hawaiian Electric Industries, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 6:14 PM
finance.yahoo.com logoEdited Transcript of HE earnings conference call or presentation 5-May-17 6:00pm GMT
finance.yahoo.com - May 10 at 10:48 PM
americanbankingnews.com logoGabelli Weighs in on Hawaiian Electric Industries, Inc.'s FY2020 Earnings (HE)
www.americanbankingnews.com - May 10 at 3:38 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. :HE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 12:58 PM
americanbankingnews.com logoGabelli Weighs in on Hawaiian Electric Industries, Inc.'s FY2021 Earnings (HE)
www.americanbankingnews.com - May 9 at 12:42 PM
zacks.com logoHawaiian Electric (HE) Beats on Q1 Earnings, Keeps '17 View
www.zacks.com - May 8 at 5:20 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (HE) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - May 8 at 3:18 PM
finance.yahoo.com logoHawaiian Electric (HE) Beats on Q1 Earnings, Keeps '17 View
finance.yahoo.com - May 8 at 8:00 AM
rttnews.com logoHawaiian Electric Industries Inc Announces 3% Retreat In Q1 Profit
www.rttnews.com - May 5 at 9:15 PM
bizjournals.com logoHawaiian Electric Industries reports $34.2M profit in Q1
www.bizjournals.com - May 5 at 9:15 PM
seekingalpha.com logoHawaiian Electric Industries' (HE) CEO Constance Lau on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 9:15 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. breached its 50 day moving average in a Bullish Manner : HE-US : May 5, 2017
finance.yahoo.com - May 5 at 9:15 PM
finance.yahoo.com logoHEI Reports First Quarter 2017 Earnings
finance.yahoo.com - May 5 at 9:15 PM
prnewswire.com logoHEI Reports First Quarter 2017 Earnings - PR Newswire (press release)
www.prnewswire.com - May 5 at 4:13 PM
marketbeat.com logoHEI posts 1Q profit
marketbeat.com - May 5 at 1:45 PM
finance.yahoo.com logoHEI Maintains Quarterly Dividend Of $0.31 Per Share
finance.yahoo.com - May 4 at 10:48 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Very Likely to Impact Hawaiian Electric Industries (HE) Share Price
www.americanbankingnews.com - May 4 at 8:48 PM
prnewswire.com logoHEI Maintains Quarterly Dividend Of $0.31 Per Share - PR Newswire (press release)
www.prnewswire.com - May 4 at 5:48 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (HE) Declares $0.31 Quarterly Dividend
www.americanbankingnews.com - May 4 at 4:43 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (HE) Scheduled to Post Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 9:08 AM
americanbankingnews.com logoVery Favorable News Coverage Very Likely to Impact Hawaiian Electric Industries (HE) Stock Price
www.americanbankingnews.com - May 1 at 9:58 AM
bizjournals.com logoAmerican Savings Bank posts 25% gain in Q1
www.bizjournals.com - April 29 at 11:58 PM
prnewswire.com logoAmerican Savings Bank Reports First Quarter 2017 Earnings - PR Newswire (press release)
www.prnewswire.com - April 29 at 11:15 PM
finance.yahoo.com logoAmerican Savings Bank Reports First Quarter 2017 Earnings
finance.yahoo.com - April 28 at 11:37 PM
americanbankingnews.com logoHawaiian Electric Industries (HE) Given Media Impact Rating of 0.14
www.americanbankingnews.com - April 28 at 10:30 PM
finance.yahoo.com logoHawaiian Electric, NRG Energy strike deal on 3rd Oahu solar farm
finance.yahoo.com - April 24 at 5:21 PM
americanbankingnews.com logoFavorable Press Coverage Likely to Impact Hawaiian Electric Industries (HE) Stock Price
www.americanbankingnews.com - April 24 at 4:52 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (HE) Stock Rating Reaffirmed by Barclays PLC
www.americanbankingnews.com - April 23 at 2:02 PM
prnewswire.com logoHawaiian Electric Industries, Inc. To Announce First Quarter 2017 Financial Results On May 5, 2017; American Savings ... - PR Newswire (press release)
www.prnewswire.com - April 22 at 8:22 AM
finance.yahoo.com logoHawaiian Electric Industries, Inc. To Announce First Quarter 2017 Financial ...
finance.yahoo.com - April 20 at 10:47 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. To Announce First Quarter 2017 Financial Results On May 5, 2017; American Savings Bank To Announce First Quarter Financial Results On April 28, 2017
finance.yahoo.com - April 20 at 5:46 PM
americanbankingnews.com logoVery Positive News Coverage Likely to Impact Hawaiian Electric Industries (HE) Stock Price
www.americanbankingnews.com - April 17 at 12:30 PM
americanbankingnews.com logoVery Positive News Coverage Very Likely to Effect Hawaiian Electric Industries (HE) Stock Price
www.americanbankingnews.com - April 14 at 10:54 AM
bloomberg.com logoNextEra’s $18 Billion Oncor Takeover Rejected by Texas
www.bloomberg.com - April 13 at 5:27 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. breached its 50 day moving average in a Bearish Manner : HE-US : April 4, 2017
finance.yahoo.com - April 7 at 10:14 AM
nasdaq.com logoHawaiian Electric Industries Cumulative Quarterly Income Preferred Securities, Series 2004 Goes Ex-Dividend Soon
www.nasdaq.com - March 24 at 5:45 PM
bizjournals.com logoHead of Hawaiian Electric Industries gets bump in compensation
www.bizjournals.com - March 23 at 6:11 PM
bizjournals.com logoCompanies eyeing purchase of Maui Electric Co.
www.bizjournals.com - March 23 at 6:11 PM
bizjournals.com logoNextEra Energy ditches plans for big solar energy farm on Dole Food's land
www.bizjournals.com - March 21 at 10:41 PM
bizjournals.com logoRegulators’ ruling unleashes more room for rooftop solar installations
www.bizjournals.com - March 21 at 10:41 PM
bizjournals.com logoUH cancer center, medical school getting energy storage pilot projects
www.bizjournals.com - March 21 at 10:41 PM
bizjournals.com logoFormer SunEdison Hawaii chief now with NRG Energy
www.bizjournals.com - March 17 at 10:55 PM
bizjournals.com logoTwenty First Century Utilities still interested in Hawaiian Electric, source says
www.bizjournals.com - March 13 at 5:36 PM
bizjournals.com logoMajor power plants may be in the works at 2 Hawaii military bases
www.bizjournals.com - March 3 at 10:44 PM
finance.yahoo.com logoHAWAIIAN ELECTRIC INDUSTRIES INC Financials
finance.yahoo.com - March 3 at 5:39 PM
biz.yahoo.com logoHAWAIIAN ELECTRIC INDUSTRIES INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant
biz.yahoo.com - March 3 at 5:39 PM
bizjournals.com logoHawaiian Electric CEO Alan Oshima gets bump in pay in 2016 ... - Pacific Business News (Honolulu)
www.bizjournals.com - February 24 at 11:57 PM
bizjournals.com logoHawaiian Electric CEO Alan Oshima gets bump in pay in 2016
www.bizjournals.com - February 24 at 11:57 PM
biz.yahoo.com logoHAWAIIAN ELECTRIC INDUSTRIES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 6:57 PM

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Chart

Hawaiian Electric Industries (HE) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff