Hawaiian Electric Industries, Inc., through its subsidiaries, engages in the electric utility and banking businesses primarily in the state of Hawaii. The company's Electric Utility segment is involved in generating, purchasing, transmitting, distributing, and selling electric energy. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, sugarcane waste, municipal waste, and other bio fuels. This segment distributes and sells electricity on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai; and serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. Its Bank segment operates a savings bank that offers banking and other financial services, including deposit products, such as savings accounts, checking accounts, money market accounts, and certificates of deposit; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans to consumers and business. Hawaiian Electric Industries Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:HE
CUSIP41987010
Phone808-543-5662
Debt
Debt-to-Equity Ratio0.81
Current Ratio0.08
Quick Ratio0.08
Price-To-Earnings
Trailing P/E Ratio21.02
Forward P/E Ratio18.21
P/E Growth2.58
Sales & Book Value
Annual Sales$2.56 billion
Price / Sales1.47
Cash Flow$3.7005 per share
Price / Cash9.35
Book Value$19.28 per share
Price / Book1.79
Profitability
EPS (Most Recent Fiscal Year)$1.65
Net Income$167.18 million
Net Margins6.64%
Return on Equity8.96%
Return on Assets1.46%
Miscellaneous
Employees3,880
Outstanding Shares108,840,000
Market Cap$3,773.52
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 declared a quarterly dividend on Thursday, May 10th. Shareholders of record on Wednesday, May 23rd will be paid a dividend of $0.31 per share on Tuesday, June 12th. This represents a $1.24 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Tuesday, May 22nd. View Hawaiian Electric Industries' Dividend History.
How were Hawaiian Electric Industries' earnings last quarter?
Hawaiian Electric Industries, Inc. (NYSE:HE) posted its quarterly earnings data on Thursday, May, 10th. The utilities provider reported $0.37 earnings per share for the quarter, hitting the consensus estimate of $0.37. The utilities provider earned $645.87 million during the quarter, compared to the consensus estimate of $595.98 million. Hawaiian Electric Industries had a return on equity of 8.96% and a net margin of 6.64%. View Hawaiian Electric Industries' Earnings History.
What price target have analysts set for HE?
3 brokers have issued 12 month target prices for Hawaiian Electric Industries' shares. Their predictions range from $29.00 to $34.00. On average, they expect Hawaiian Electric Industries' stock price to reach $31.6667 in the next year. This suggests that the stock has a possible downside of 8.5%. View Analyst Ratings for Hawaiian Electric Industries.
What is the consensus analysts' recommendation for Hawaiian Electric Industries?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Hawaiian Electric Industries' key competitors?
Some companies that are related to Hawaiian Electric Industries include Entergy (ETR), EDP-Energias de Portugal, S.A (EDPFY), Fortis (FTS), Vistra Energy (VST), CENTRICA PLC/S (CPYYY), CenterPoint Energy (CNP), RED ELECTRICA C/ADR (RDEIY), Huaneng Power International (HNP), NRG Energy (NRG), Enel Americas (ENIA), Pinnacle West Capital (PNW), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), Great Plains Energy (GXP) and ENGIE BRASIL EN/S (EGIEY).
Who are Hawaiian Electric Industries' key executives?
Hawaiian Electric Industries' management team includes the folowing people:
- Ms. Constance Hee Lau, Pres, CEO & Director (Age 65)
- Mr. Gregory C. Hazelton, CFO, Exec. VP & Treasurer (Age 54)
- Mr. Richard F. Wacker, Pres, CEO & Director of American Savings Bank FSB (Age 56)
- Mr. Alan M. Oshima, Pres, CEO & Director of Hawaiian Electric Company Inc. (Age 70)
- Kurt K. Murao, VP of Legal & Admin. and Corp. Sec.
Has Hawaiian Electric Industries been receiving favorable news coverage?
News stories about HE stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hawaiian Electric Industries earned a daily sentiment score of 0.19 on Accern's scale. They also gave media headlines about the utilities provider an impact score of 47.25 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few 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 State of Alaska Department of Revenue (0.03%) and Atria Investments LLC (0.01%). 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 buying Hawaiian Electric Industries stock?
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 $34.60.
How big of a company is Hawaiian Electric Industries?
Hawaiian Electric Industries has a market capitalization of $3.77 billion and generates $2.56 billion in revenue each year. The utilities provider earns $167.18 million in net income (profit) each year or $1.65 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 (NYSE 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 HE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HE will underperform the S&P 500 over the long term. You may vote once every thirty days.
