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Three Consumer Stocks That Could Outperform In Q4 
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Comcast is an Asset Bonanza Priced Cheap
Nike's Stock Sale Won't Run For Long
The 3-Stock Retirement Blueprint (Ad)
British pound plunges to new low as tax cuts spark concern
US stocks slip deeper into a slump as recession fears grow
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DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
How You Should Be Choosing Your Stocks (Ad)pixel
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
How You Should Be Choosing Your Stocks (Ad)pixel
Comcast is an Asset Bonanza Priced Cheap
Nike's Stock Sale Won't Run For Long
The 3-Stock Retirement Blueprint (Ad)
British pound plunges to new low as tax cuts spark concern
US stocks slip deeper into a slump as recession fears grow
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
How You Should Be Choosing Your Stocks (Ad)pixel
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
How You Should Be Choosing Your Stocks (Ad)pixel
Comcast is an Asset Bonanza Priced Cheap
Nike's Stock Sale Won't Run For Long
The 3-Stock Retirement Blueprint (Ad)
British pound plunges to new low as tax cuts spark concern
US stocks slip deeper into a slump as recession fears grow
NYSE:HE

Hawaiian Electric Industries - HE Stock Forecast, Price & News

$36.87
-0.63 (-1.68%)
(As of 09/26/2022 12:00 AM ET)
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Compare
Today's Range
$36.59
$37.45
50-Day Range
$36.87
$43.98
52-Week Range
$36.58
$44.72
Volume
424,349 shs
Average Volume
387,676 shs
Market Capitalization
$4.04 billion
P/E Ratio
16.84
Dividend Yield
3.73%
Price Target
$41.33

Hawaiian Electric Industries MarketRank™ Forecast

Analyst Rating
Hold
1.50 Rating Score
Upside/​Downside
12.1% Upside
$41.33 Price Target
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.63
Upright™ Environmental Score
News Sentiment
N/A
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.

1.93 out of 5 stars

Utilities Sector

69th out of 86 stocks

Electric Services Industry

32nd out of 45 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

Why Is HEI (HE) Down 9.3% Since Last Earnings Report?
POR or HE: Which Is the Better Value Stock Right Now?
Hawaiian Electric Industries is Oversold
See More Headlines
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HE Company Calendar

Last Earnings
8/08/2022
Ex-Dividend for 9/9 Dividend
8/17/2022
Dividend Payable
9/09/2022
Today
9/26/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

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
$41.33
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+12.1%
Consensus Rating
Hold
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$248.06 million
Pretax Margin
9.40%

Debt

Sales & Book Value

Annual Sales
$2.85 billion
Cash Flow
$4.74 per share
Book Value
$21.87 per share

Miscellaneous

Free Float
108,528,000
Market Cap
$4.04 billion
Optionable
Optionable
Beta
0.32

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?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HE, but not buy additional shares or sell existing shares.
View HE analyst ratings
or view top-rated stocks.

What is Hawaiian Electric Industries' stock price forecast for 2022?

2 Wall Street analysts have issued 1 year price targets for Hawaiian Electric Industries' stock. Their HE share price forecasts range from $40.00 to $43.00. On average, they expect the company's stock price to reach $41.33 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price.
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 beginning of 2022. Since then, HE shares have decreased by 11.2% and is now trading at $36.87.
View the best growth stocks for 2022 here
.

Are investors shorting Hawaiian Electric Industries?

Hawaiian Electric Industries saw a drop in short interest during the month of August. As of August 15th, there was short interest totaling 1,230,000 shares, a drop of 16.3% from the July 31st total of 1,470,000 shares. Based on an average daily trading volume, of 411,100 shares, the days-to-cover ratio is presently 3.0 days. Currently, 1.1% of the company's stock are short sold.
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 Friday, November 4th 2022.
View our HE earnings forecast
.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) released its quarterly earnings results on Monday, August, 8th. The utilities provider reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.52 by $0.04. Hawaiian Electric Industries had a trailing twelve-month return on equity of 10.38% and a net margin of 7.53%. During the same period in the prior year, the business earned $0.58 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 4th. Investors of record on Thursday, August 18th will be paid a dividend of $0.35 per share on Friday, September 9th. This represents a $1.40 annualized dividend and a dividend yield of 3.80%. The ex-dividend date is Wednesday, August 17th.
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 3.73%. 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 63.93%. 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, September, 6th. The company provided earnings per share guidance of $2.00-$2.20 for the period, compared to the consensus EPS estimate of $2.14. 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 number of retail and institutional investors. Top institutional shareholders include Nordea Investment Management AB (3.81%), State Street Corp (3.41%), Allspring Global Investments Holdings LLC (1.41%), Northern Trust Corp (0.75%), FMR LLC (0.63%) and JPMorgan Chase & Co. (0.61%). 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 $36.87.

How much money does Hawaiian Electric Industries make?

Hawaiian Electric Industries (NYSE:HE) has a market capitalization of $4.04 billion and generates $2.85 billion in revenue each year. The utilities provider earns $248.06 million in net income (profit) each year or $2.19 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 9/27/2022 by MarketBeat.com Staff

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