About Hawaiian Electric Industries (NYSE:HE)
Hawaiian 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
Industry UTIL-ELEC PWR
Trailing P/E Ratio22.2106724386345
Forward P/E Ratio17.96
Sales & Book Value
Annual Sales$2.56 billion
Price / Sales1.44
Cash Flow$3.70 per share
Price / Cash9.13
Book Value$19.28 per share
Price / Book1.75
Net Income$167.18 million
Return on Equity8.69%
Return on Assets1.42%
Hawaiian Electric Industries (NYSE:HE) Frequently Asked Questions
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 Friday, February 2nd. Stockholders of record on Thursday, February 22nd will be given a dividend of $0.31 per share on Tuesday, March 13th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend is Wednesday, February 21st. View Hawaiian Electric Industries' Dividend History.
How were Hawaiian Electric Industries' earnings last quarter?
Hawaiian Electric Industries, Inc. (NYSE:HE) announced its quarterly earnings data on Wednesday, February, 14th. The utilities provider reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.02. The utilities provider had revenue of $658.60 million for the quarter, compared to analyst estimates of $547.89 million. Hawaiian Electric Industries had a net margin of 6.54% and a return on equity of 8.69%. The business's revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 EPS. View Hawaiian Electric Industries' Earnings History.
When will Hawaiian Electric Industries make its next earnings announcement?
Where is Hawaiian Electric Industries' stock going? Where will Hawaiian Electric Industries' stock price be in 2018?
3 brokerages have issued 12 month price targets for Hawaiian Electric Industries' shares. Their predictions range from $29.00 to $34.00. On average, they anticipate Hawaiian Electric Industries' stock price to reach $31.67 in the next twelve months. View Analyst Ratings for Hawaiian Electric Industries.
Who are some of Hawaiian Electric Industries' key competitors?
Some companies that are related to Hawaiian Electric Industries include CPFL Energia (CPL), Westar Energy (WR), AES (AES), United Utilities Group (UUGRY), Great Plains Energy (GXP), OGE Energy (OGE), Enel Chile (ENIC), SCANA (SCG), Brookfield Renewable Partners (BEP), Pampa Energia (PAM), IDACORP (IDA), Algonquin Power & Utilities (AQN), ALLETE (ALE), Portland General Electric (POR), Avista (AVA), NRG Yield, Inc. Class C (NYLD), Companhia Energetica de Minas Gers CEMIG (CIG) and PNM Resources (PNM).
Who are Hawaiian Electric Industries' key executives?
Hawaiian Electric Industries' management team includes the folowing people:
- Constance H. Lau, President, Chief Executive Officer, Director (Age 65)
- Gregory C. Hazelton, Chief Financial Officer, Executive Vice President (Age 52)
- Richard F. Wacker, President, Chief Executive Officer, Director of American Savings Bank, F.S.B. (Age 54)
- Alan M. Oshima, President, Chief Executive Officer of Hawaiian Electric (Age 69)
- Jeffrey N. Watanabe, Non-Executive Independent Chairman of the Board (Age 74)
- Richard J. Dahl CPA, Independent Director (Age 65)
- Thomas Boulton Fargo, Independent Director (Age 69)
- Peggy Y. Fowler, Independent Director (Age 65)
- Keith P. Russell, Independent Director (Age 71)
Has Hawaiian Electric Industries been receiving favorable news coverage?
Press coverage about HE stock has been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hawaiian Electric Industries earned a news impact score of 0.17 on Accern's scale. They also assigned headlines about the utilities provider an impact score of 46.96 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Hawaiian Electric Industries' major shareholders?
Hawaiian Electric Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.37%), Wells Fargo & Company MN (2.69%), Bank of New York Mellon Corp (2.40%), First Trust Advisors LP (0.96%), Geode Capital Management LLC (0.88%) and Schwab Charles Investment Management Inc. (0.59%). Company insiders that own Hawaiian Electric Industries stock include A Maurice Myers, Barry K Taniguchi, Chester A Richardson, Jeffrey N Watanabe and Thomas B Fargo. 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 First Trust Advisors LP, Goldman Sachs Group Inc., Bank of New York Mellon Corp, Guggenheim Capital LLC, Deutsche Bank AG, Metropolitan Life Insurance Co. NY, American Century Companies Inc. and Gateway Investment Advisers LLC. Company insiders that have sold Hawaiian Electric Industries company stock in the last year include Jeffrey N Watanabe and Thomas B Fargo. View Insider Buying and Selling for Hawaiian Electric Industries.
Which major investors are buying Hawaiian Electric Industries stock?
HE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, MetLife Investment Advisors LLC, SG Americas Securities LLC, Amundi Pioneer Asset Management Inc., Elkfork Partners LLC, Mackenzie Financial Corp and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Hawaiian Electric Industries.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hawaiian Electric Industries' stock price today?
One share of HE stock can currently be purchased for approximately $33.76.
How big of a company is Hawaiian Electric Industries?
Hawaiian Electric Industries has a market capitalization of $3.68 billion and generates $2.56 billion in revenue each year. The utilities provider earns $167.18 million in net income (profit) each year or $1.52 on an earnings per share basis. Hawaiian Electric Industries employs 3,880 workers across the globe.
How can I contact Hawaiian Electric Industries?
Hawaiian Electric Industries' mailing address is 1001 Bishop Street Suite 2900, Honolulu HI, 96808. The utilities provider can be reached via phone at 808-543-5662 or via email at [email protected]
MarketBeat Community Rating for Hawaiian Electric Industries (HE)MarketBeat's community ratings are surveys of what our community members think about Hawaiian Electric Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Hawaiian Electric Industries (NYSE:HE) Earnings History and Estimates Chart
Hawaiian Electric Industries (NYSE HE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/14/2018||Q4 2017||$0.41||$0.43||$547.89 million||$658.60 million||View||Listen|
|11/2/2017||Q3 2017||$0.57||$0.55||$648.93 million||$673.19 million||View||N/A|
|8/3/2017||Q2 2017||$0.39||$0.36||$568.00 million||$556.90 million||View||Listen|
|5/5/2017||Q1 2017||$0.29||$0.31||$555.45 million||$591.56 million||View||N/A|
|2/14/2017||Q416||$0.42||$0.41||$705.92 million||$617.40 million||View||Listen|
|11/4/2016||Q316||$0.50||$0.58||$728.12 million||$646.05 million||View||N/A|
|8/4/2016||Q216||$0.40||$0.43||$622.85 million||$566.24 million||View||Listen|
|5/4/2016||Q116||$0.37||$0.31||$588.65 million||$550.96 million||View||Listen|
|2/11/2016||Q415||$0.40||$0.41||$1.26 billion||$624.03 million||View||Listen|
|11/5/2015||Q315||$0.50||$0.49||$944.27 million||$717.20 million||View||Listen|
|8/10/2015||Q215||$0.45||$0.39||$799.41 million||$623.90 million||View||Listen|
|5/6/2015||Q1 15||$0.45||$0.36||$787.85 million||$637.86 million||View||N/A|
|2/12/2015||Q414||$0.32||$0.36||$799.26 million||$790.00 million||View||Listen|
|11/6/2014||Q3||$0.42||$0.46||$804.07 million||$867.10 million||View||Listen|
|8/11/2014||Q2||$0.39||$0.41||$795.97 million||$798.70 million||View||Listen|
|5/7/2014||Q1||$0.34||$0.45||$738.83 million||$783.75 million||View||Listen|
|2/18/2014||Q313||$0.37||$0.39||$914.60 million||$826.45 million||View||Listen|
|11/7/2013||Q213||$0.51||$0.48||$907.62 million||$831.23 million||View||Listen|
|8/8/2013||Q2 2013||$0.38||$0.41||$830.42 million||$796.73 million||View||N/A|
|5/8/2013||Q1 2013||$0.38||$0.34||$822.11 million||$784.06 million||View||Listen|
|2/15/2013||Q4 2012||$0.32||$0.39||$851.03 million||$838.15 million||View||Listen|
Hawaiian Electric Industries (NYSE:HE) Earnings Estimates
Current Year EPS Consensus Estimate: $1.88 EPS
Next Year EPS Consensus Estimate: $2 EPS
Hawaiian Electric Industries (NYSE:HE) Dividend Information
|Most Recent Dividend:||3/13/2018|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||81.58% (Trailing 12 Months of Earnings) |
65.96% (Based on This Year's Estimates)
62.00% (Based on Next Year's Estimates)
Hawaiian Electric Industries (NYSE:HE) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Hawaiian Electric Industries (NYSE HE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 49.01%
Hawaiian Electric Industries (NYSE HE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/5/2018||Jeffrey N Watanabe||Director||Sell||9,300||$33.18||$308,574.00|| |
|11/7/2017||Thomas B Fargo||Director||Sell||5,500||$36.46||$200,530.00|| |
|9/8/2016||Barry K. Taniguchi||Director||Sell||14,942||$30.29||$452,593.18|| |
|8/25/2016||Chester A. Richardson||EVP||Sell||15,921||$30.16||$480,177.36|| |
|8/15/2016||A Maurice Myers||Director||Sell||34,500||$30.47||$1,051,215.00|| |
|8/10/2016||Thomas B Fargo||Director||Sell||7,000||$30.60||$214,200.00|| |
|12/30/2014||Peggy Y Fowler||Director||Buy||237||$34.32||$8,133.84|| |
|9/30/2014||Peggy Y Fowler||Director||Buy||304||$26.72||$8,122.88|| |
|12/3/2013||Jeffrey Watanabe||Director||Sell||4,000||$25.33||$101,320.00||14,144|| |
Hawaiian Electric Industries (NYSE HE) News Headlines
|Hawaiian Electric launches largest renewable energy procurement effort in state history|
finance.yahoo.com - March 8 at 7:03 PM
|Hawaiian Electric Industries, Inc. (HE) Director Jeffrey N. Watanabe Sells 9,300 Shares|
www.americanbankingnews.com - March 6 at 3:11 PM
|State of Tennessee Treasury Department Has $2.53 Million Holdings in Hawaiian Electric Industries, Inc. (HE)|
www.americanbankingnews.com - March 6 at 1:14 PM
|Arizona State Retirement System Raises Holdings in Hawaiian Electric Industries, Inc. (HE)|
www.americanbankingnews.com - March 6 at 4:36 AM
|Hawaiian Electric Industries, Inc. (HE) Shares Sold by Rhumbline Advisers|
www.americanbankingnews.com - March 4 at 10:30 AM
|Comparing ITC (ITC) & Hawaiian Electric Industries (HE)|
www.americanbankingnews.com - March 2 at 7:12 PM
|Hawaiian Electric Industries, Inc. (HE) Shares Sold by Bank of New York Mellon Corp|
www.americanbankingnews.com - March 2 at 4:50 AM
|Hawaiian Electric Industries, Inc. (HE) Shares Bought by American International Group Inc.|
www.americanbankingnews.com - March 1 at 4:24 AM
|Systematic Financial Management LP Sells 4,675 Shares of Hawaiian Electric Industries, Inc. (HE)|
www.americanbankingnews.com - February 27 at 11:28 AM
|Martingale Asset Management L P Acquires 20,800 Shares of Hawaiian Electric Industries, Inc. (HE)|
www.americanbankingnews.com - February 26 at 3:26 PM
|Hawaiian Electric Industries, Inc. (HE) Receives Average Rating of "Sell" from Analysts|
www.americanbankingnews.com - February 26 at 1:34 AM
|Swiss National Bank Purchases 3,300 Shares of Hawaiian Electric Industries, Inc. (HE)|
www.americanbankingnews.com - February 25 at 6:40 AM
|California Public Employees Retirement System Boosts Stake in Hawaiian Electric Industries, Inc. (HE)|
www.americanbankingnews.com - February 25 at 4:46 AM
|Teacher Retirement System of Texas Increases Stake in Hawaiian Electric Industries, Inc. (HE)|
www.americanbankingnews.com - February 24 at 5:14 AM
|FY2018 EPS Estimates for Hawaiian Electric Industries, Inc. Increased by Gabelli (HE)|
www.americanbankingnews.com - February 19 at 5:58 AM
| Analysts Anticipate Hawaiian Electric Industries, Inc. (HE) Will Announce Earnings of $0.36 Per Share|
www.americanbankingnews.com - February 18 at 3:14 AM
|Hawaiian Electric Industries Inc. 2017 Q4 - Results - Earnings Call Slides|
seekingalpha.com - February 15 at 5:31 PM
|Hawaiian Electric Industries (HE) Posts Earnings Results, Beats Expectations By $0.03 EPS|
www.americanbankingnews.com - February 14 at 9:46 PM
|Hawaiian Electric Industries Reports 2017 Year-End & Fourth Quarter Earnings|
finance.yahoo.com - February 14 at 3:35 PM
|Hawaiian Electric Industries, Inc. to Host Earnings Call|
finance.yahoo.com - February 14 at 3:35 PM
|HEI beats 4Q profit forecasts|
finance.yahoo.com - February 14 at 3:35 PM
|Head-To-Head Analysis: Hawaiian Electric Industries (HE) and NRG Yield, Inc. Class C (NYLD)|
www.americanbankingnews.com - February 9 at 3:44 PM
|Hawaiian Electric Industries (HE) Set to Announce Earnings on Monday|
www.americanbankingnews.com - February 5 at 3:44 AM
|Hawaiian Electric Industries (HE) Now Covered by Analysts at UBS Group|
www.americanbankingnews.com - February 3 at 4:22 PM
|Hawaiian Electric Industries (HE) Declares $0.31 Quarterly Dividend; 3.7% Yield|
www.streetinsider.com - February 2 at 3:34 PM
|Hawaiian Electric Industries, Inc. (HE) Plans $0.31 Quarterly Dividend|
www.americanbankingnews.com - February 2 at 10:09 AM
|Hawaiian Electric Industries, Inc. (HE) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - February 1 at 1:28 AM
|American Savings Bank Reports 2017 Year-End And Fourth Quarter Earnings|
finance.yahoo.com - January 31 at 7:49 AM
|Hawaiian Electric Industries Breaks Below 200-Day Moving Average - Notable for HE|
www.nasdaq.com - January 27 at 7:40 AM
|JPMorgan Chase & Co. Lowers Hawaiian Electric Industries (HE) Price Target to $32.00|
www.americanbankingnews.com - January 25 at 8:34 PM
|NRG Energy breaks ground on 3 grid-scale solar projects in Hawaii|
finance.yahoo.com - January 25 at 7:45 AM
|Hawaiian Electric Industries, Inc. To Announce Fourth Quarter And Year-End 2017 Earnings And 2018 EPS Guidance On February 14, 2018; American Savings Bank To Announce 2017 Earnings On January 30, 2018|
finance.yahoo.com - January 24 at 3:38 PM
|HE Crosses Critical Technical Indicator|
www.nasdaq.com - January 12 at 3:18 PM
|Hawaiian Electric Co. seeks developer for plan to put Honolulu real ... - Pacific Business News (Honolulu)|
www.bizjournals.com - January 11 at 6:23 AM
|HECO considers putting Ward Ave site on the market, move to new campus|
finance.yahoo.com - January 10 at 3:20 PM
|Hawaiian Electric Industries, Inc. (HE) Given Consensus Recommendation of "Sell" by Analysts|
www.americanbankingnews.com - January 7 at 1:40 AM
|Hawaiian Electric Industries (HE) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - January 2 at 12:44 PM
|Cash Dividend On The Way From Hawaiian Electric Industries Cumulative Quarterly Income Preferred Securities, Series 2004|
www.nasdaq.com - December 26 at 11:27 PM
|Hawaiian Electric files motion with state regulators to recover pension contributions|
finance.yahoo.com - December 26 at 11:27 PM
|Hawaiian Electric Industries, Inc. breached its 50 day moving average in a Bearish Manner : HE-US : December 20, 2017|
finance.yahoo.com - December 20 at 3:19 PM
|Hawaiian Electric to deploy Varentec's grid edge voltage regulation technology for increased rooftop solar grid capacity - PR Newswire (press release)|
www.prnewswire.com - December 19 at 3:19 PM
|Hawaiian Electric Industries, Inc. (HE) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - December 13 at 1:50 AM
|ETFs with exposure to Hawaiian Electric Industries, Inc. : December 12, 2017|
finance.yahoo.com - December 12 at 3:19 PM
|Hawaiian Electric Industries (HE) Lifted to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - December 12 at 12:08 PM
|Hawaiian Electric Industries, Inc. :HE-US: Earnings Analysis: Q3, 2017 By the Numbers : December 11, 2017|
finance.yahoo.com - December 11 at 3:18 PM
|Should You Get Rid of Hawaiian Electric Industries (HE) Now? - Nasdaq|
www.nasdaq.com - December 1 at 7:04 AM
|Hawaiian Electric Industries (HE) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - November 28 at 11:58 AM
|Hawaiian Electric Industries, Inc. : HE-US: Dividend Analysis : November 22nd, 2017 (record date) : By the numbers : November 22, 2017|
finance.yahoo.com - November 22 at 8:15 PM
|Factors of Influence in 2018, Key Indicators and Opportunity within Packaging Corporation of America, Hawaiian Electric Industries, Apptio, DTE Energy, Tempur Sealy International, and Zendesk — New Research Emphasizes Economic Growth|
finance.yahoo.com - November 21 at 8:07 AM
|Hawaiian Electric Industries, Inc. (HE) Ex-Dividend Date Scheduled|
www.nasdaq.com - November 20 at 7:54 PM
Hawaiian Electric Industries (NYSE:HE) SEC Filings
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Hawaiian Electric Industries (NYSE:HE) Income Statement, Balance Sheet and Cash Flow Statement
Hawaiian Electric Industries (NYSE HE) Stock Chart for Thursday, March, 22, 2018