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Police: Walmart shooter bought gun just hours before killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
Musk says granting 'amnesty' to suspended Twitter accounts
Musk plans to relaunch Twitter premium service, again
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Walmart shooter left 'death note,' bought gun day of killing
See how to make money instead of spending it on Black Friday with this offer (Ad)
US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
THE BEST BLACK FRIDAY DEAL YET (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
Musk says granting 'amnesty' to suspended Twitter accounts
Musk plans to relaunch Twitter premium service, again
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Walmart shooter left 'death note,' bought gun day of killing
See how to make money instead of spending it on Black Friday with this offer (Ad)
US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
THE BEST BLACK FRIDAY DEAL YET (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
Musk says granting 'amnesty' to suspended Twitter accounts
Musk plans to relaunch Twitter premium service, again
NYSE:HE

Hawaiian Electric Industries - HE Stock Forecast, Price & News

$40.83
+0.56 (+1.39%)
(As of 11/25/2022 04:00 PM ET)
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Compare
Today's Range
$40.42
$41.04
50-Day Range
$33.70
$40.83
52-Week Range
$33.18
$44.72
Volume
132,809 shs
Average Volume
384,115 shs
Market Capitalization
$4.47 billion
P/E Ratio
18.73
Dividend Yield
3.48%
Price Target
$37.75

Hawaiian Electric Industries MarketRank™ Forecast

Analyst Rating
Reduce
1.33 Rating Score
Upside/​Downside
7.5% Downside
$37.75 Price Target
Short Interest
Bearish
1.44% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.63
Upright™ Environmental Score
News Sentiment
0.00mentions of Hawaiian Electric Industries in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.63%
From $2.13 to $2.25 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.36 out of 5 stars

Utilities Sector

84th out of 85 stocks

Electric Services Industry

41st out of 41 stocks

HE stock logo

About Hawaiian Electric Industries (NYSE:HE) Stock

Hawaiian Electric Industries, Inc., together with 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 incorporated in 1891 and is headquartered in Honolulu, Hawaii.

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HE Stock News Headlines

HEI REPORTS THIRD QUARTER 2022 RESULTS
Wicked Sell-Off In Hawaiian Electric Creates 4% Yield
Hawaiian Electric Industries, Inc. (HE)
Why Is HEI (HE) Down 9.3% Since Last Earnings Report?
POR or HE: Which Is the Better Value Stock Right Now?
See More Headlines
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HE Company Calendar

Last Earnings
11/05/2021
Ex-Dividend for 9/9 Dividend
8/17/2022
Dividend Payable
9/09/2022
Ex-Dividend for 12/9 Dividend
11/21/2022
Today
11/26/2022
Dividend Payable
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/13/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
CUSIP
41987010
Employees
2,504
Year Founded
1891

Price Target and Rating

Average Stock Price Forecast
$37.75
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
-7.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.33
Research Coverage
3 Analysts

Profitability

Net Income
$248.06 million
Pretax Margin
8.68%

Debt

Sales & Book Value

Annual Sales
$2.85 billion
Cash Flow
$4.88 per share
Book Value
$19.76 per share

Miscellaneous

Free Float
108,529,000
Market Cap
$4.47 billion
Optionable
Optionable
Beta
0.40

Social Links


Key Executives

  • Mr. Scott W. H. Seu (Age 56)
    Pres, CEO & Director
    Comp: $1.11M
  • Mr. Kurt K. Murao (Age 52)
    Exec. VP, Gen. Counsel, Chief Admin. Officer & Corp. Sec.
    Comp: $860.51k
  • Ms. Ann C. Teranishi (Age 47)
    CEO, Pres & Director of American Savings Bank
    Comp: $1.1M
  • Mr. Paul K. Ito (Age 51)
    VP of Tax, Controller, Treasurer & Interim CFO
  • Julie R. Smolinski
    VP of Investor Relations & Corp. Sustainability
  • Ms. Tayne S. Y. Sekimura (Age 59)
    Sr. VP, CFO & Treasurer of Hawaiian Electric Company Inc.
  • Avelino J. Halagao Jr.
    VP of Corp. and Community Advancement & Pres of HEI Charitable Foundation
  • Mr. Scott Valentino
    Pres of Pacific Current
  • Mr. Clifford H. Chen (Age 49)
    Mang. of Investor Relations & Strategic Planning
  • Richard K. McQuain
    Pres, HEI Power Corp.













HE Stock - Frequently Asked Questions

Should I buy or sell Hawaiian Electric Industries stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last twelve months. There are currently 2 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" HE shares.
View HE analyst ratings
or view top-rated stocks.

What is Hawaiian Electric Industries' stock price forecast for 2023?

3 brokerages have issued 12 month price targets for Hawaiian Electric Industries' stock. Their HE share price forecasts range from $36.00 to $43.00. On average, they predict the company's stock price to reach $37.75 in the next year. This suggests that the stock has a possible downside of 7.5%.
View analysts price targets for HE
or view top-rated stocks among Wall Street analysts.

How have HE shares performed in 2022?

Hawaiian Electric Industries' stock was trading at $41.50 at the start of the year. Since then, HE shares have decreased by 1.6% and is now trading at $40.83.
View the best growth stocks for 2022 here
.

Are investors shorting Hawaiian Electric Industries?

Hawaiian Electric Industries saw a increase in short interest in October. As of October 31st, there was short interest totaling 1,560,000 shares, an increase of 19.1% from the October 15th total of 1,310,000 shares. Based on an average daily volume of 380,100 shares, the short-interest ratio is presently 4.1 days. Approximately 1.4% of the shares of the company are sold short.
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 Monday, February 13th 2023.
View our HE earnings forecast
.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) announced its quarterly earnings results on Friday, November, 5th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by $0.01. The utilities provider earned $756.90 million during the quarter. Hawaiian Electric Industries had a trailing twelve-month return on equity of 10.57% and a net margin of 6.88%. During the same period in the prior year, the firm posted $0.59 EPS.

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, November 3rd. Stockholders of record on Tuesday, November 22nd will be paid a dividend of $0.35 per share on Friday, December 9th. This represents a $1.40 annualized dividend and a yield of 3.43%. The ex-dividend date is Monday, November 21st.
Read our dividend analysis for HE
.

Is Hawaiian Electric Industries a good dividend stock?

Hawaiian Electric Industries (NYSE:HE) pays an annual dividend of $1.40 per share and currently has a dividend yield of 3.48%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 64.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HE will have a dividend payout ratio of 62.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HE.

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

Hawaiian Electric Industries updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $2.08-$2.20 for the period, compared to the consensus earnings per share estimate of $2.12. The company issued revenue guidance of -.

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 Vanguard Group Inc. (10.98%), BlackRock Inc. (8.91%), Nordea Investment Management AB (3.82%), State Street Corp (3.44%), First Trust Advisors LP (1.81%) and Bank of New York Mellon Corp (1.43%). Insiders that own company stock include Constance H Lau, Gregory C Hazelton, Gregory C Hazelton, Holdings LP Valueact and Richard F Wacker.
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 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 $40.83.

How much money does Hawaiian Electric Industries make?

Hawaiian Electric Industries (NYSE:HE) has a market capitalization of $4.47 billion and generates $2.85 billion in revenue each year. The utilities provider earns $248.06 million in net income (profit) each year or $2.18 on an earnings per share basis.

How many employees does Hawaiian Electric Industries have?

The company employs 2,504 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..
Read More
How can I contact Hawaiian Electric Industries?

Hawaiian Electric Industries' mailing address is 1001 Bishop Street Suite 2900, Honolulu HI, 96813. The official website for the company is www.hei.com. The utilities provider can be reached via phone at (808) 543-5662, via email at ir@hei.com, or via fax at 808-543-7966.

This page (NYSE:HE) was last updated on 11/26/2022 by MarketBeat.com Staff