NYSE:HE Hawaiian Electric Industries - HE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Hawaiian Electric Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $37.96 0.00 (0.00%) (As of 03/22/2023 10:55 AM ET) Add Compare Share Share Today's Range$37.60▼$38.0450-Day Range$36.24▼$43.4552-Week Range$33.18▼$44.72Volume63,322 shsAverage Volume427,408 shsMarket Capitalization$4.16 billionP/E Ratio17.25Dividend Yield3.79%Price Target$40.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hawaiian Electric Industries MarketRank™ ForecastAnalyst RatingReduce1.33 Rating ScoreUpside/Downside7.3% Upside$40.75 Price TargetShort InterestBearish1.81% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment0.84Based on 3 Articles This WeekInsider TradingSelling Shares$392,100 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.42 out of 5 starsUtilities Sector82nd out of 85 stocksElectric Services Industry40th out of 40 stocks 0.7 Analyst's Opinion Consensus RatingHawaiian Electric Industries has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.75, Hawaiian Electric Industries has a forecasted upside of 7.3% from its current price of $37.96.Amount of Analyst CoverageHawaiian Electric Industries has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.81% of the float of Hawaiian Electric Industries has been sold short.Short Interest Ratio / Days to CoverHawaiian Electric Industries has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Hawaiian Electric Industries has recently increased by 11.36%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHawaiian Electric Industries is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHawaiian Electric Industries has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Hawaiian Electric Industries is 65.45%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHawaiian Electric Industries has received a -59.85% net impact score from Upright. The largest negative impact of Hawaiian in category "GHG emissions" seems to be driven mostly by its "Economy air travel on international flights", "Business class air travel on international flights", and "Domestic air travel with airplanes using aviation fuel" products. See details.Environmental SustainabilityThe Environmental Impact score for Hawaiian Electric Industries is -5.63. Previous Next 2.7 News and Social Media Coverage News SentimentHawaiian Electric Industries has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Hawaiian Electric Industries this week, compared to 2 articles on an average week.Search InterestOnly 23 people have searched for HE on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hawaiian Electric Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $392,100.00 in company stock.Percentage Held by InsidersOnly 0.86% of the stock of Hawaiian Electric Industries is held by insiders.Percentage Held by Institutions52.99% of the stock of Hawaiian Electric Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Hawaiian Electric Industries is 17.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Hawaiian Electric Industries is 17.25, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 104.89.Price to Earnings Growth RatioHawaiian Electric Industries has a PEG Ratio of 5.45. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHawaiian Electric Industries has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hawaiian Electric Industries (NYSE:HE) StockHawaiian Electric Industries, Inc. is a holding company, which engages in power, financial, and renewable and sustainable infrastructure investment businesses. It operates through the following segments: Electric Utility, Bank, and Other. The Electric Utility segment offers essential electric service on the islands of Oahu, Hawaii, and Maui, Lanai, and Molokai. The Bank segment delivers banking and other financial services to Hawaii consumers and businesses. The Other segment consists of corporate-level operating, general, and administrative expenses. The company was founded by C. Dudley Pratt Jr. in 1981 and is headquartered in Honolulu, HI.Read More Receive HE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hawaiian Electric Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address HE Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comIs Hawaiian Electric Industries, Inc. (NYSE:HE) Worth US$37.6 Based On Its Intrinsic Value?March 13, 2023 | bizjournals.comHawaiian Electric makes changes to Battery Bonus incentive programMarch 22, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.March 13, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Hawaiian Electric (HE) and Constellation Energy Corporation (CEG)March 3, 2023 | finance.yahoo.comHawaiian Electric Industries' (NYSE:HE) investors will be pleased with their decent 42% return over the last five yearsFebruary 28, 2023 | finance.yahoo.comOGE Energy (OGE) Q4 Earnings Down, Revenues Increase Y/YFebruary 23, 2023 | finance.yahoo.comDTE Energy (DTE) Q4 Earnings Surpass, Reaffirms 2023 ViewFebruary 23, 2023 | nasdaq.comEx-Dividend Reminder: ONE Gas, Hawaiian Electric Industries and Laboratory Corporation of America HoldingsMarch 22, 2023 | PressReach (Ad)This Stock Has Room To RunAnalysts believe this stock's product demand could rise quickly in the next few years.February 16, 2023 | finance.yahoo.comHawaiian Electric Industries (NYSE:HE) Will Pay A Larger Dividend Than Last Year At $0.36February 14, 2023 | markets.businessinsider.comHawaiian Electric Industries Q4 Profit RisesFebruary 14, 2023 | finance.yahoo.comHEI Reports 2022 ResultsFebruary 10, 2023 | finance.yahoo.comHEI Increases Quarterly Dividend to $0.36 Per ShareJanuary 30, 2023 | finance.yahoo.comAmerican Savings Bank Reports Fourth Quarter and Full Year 2022 Financial ResultsJanuary 30, 2023 | finance.yahoo.comIs Hawaiian Electric Industries, Inc.'s (NYSE:HE) ROE Of 11% Impressive?January 26, 2023 | finance.yahoo.comHE: What does Argus have to say about HE?January 21, 2023 | forbes.comHawaiian Electric Industries,January 13, 2023 | finance.yahoo.comHEI to Announce Fourth Quarter and Full Year 2022 Results February 14; American Savings Bank to Announce 2022 Results January 30January 11, 2023 | bizjournals.comHawaiian Building Maintenance announces new CEOJanuary 3, 2023 | bizjournals.comHawaiian Electric Industries appoints Paul Ito as Chief Financial OfficerJanuary 3, 2023 | msn.comHawaiian Electric names Paul Ito as new CFOJanuary 3, 2023 | finance.yahoo.comHEI appoints Paul Ito as Chief Financial OfficerDecember 21, 2022 | msn.comThe aftermath of Hawaii's winter storm causes national parks closures, high surf, cleanupDecember 20, 2022 | finance.yahoo.comReturns On Capital At Hawaiian Electric Industries (NYSE:HE) Have Hit The BrakesDecember 19, 2022 | bizjournals.comHawaiian Electric responds to PUC Commissioner Colin Yost's temporary recusal letterDecember 15, 2022 | bloomberg.com'Last Hawaiian Princess' Abigail Kawānanakoa Dies at 96December 14, 2022 | finance.yahoo.comYoko Otani Named to HEI and American Savings Bank Boards of Directors; Mary Kipp Joins Hawaiian Electric BoardSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hawaiian Electric Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address HE Company Calendar Last Earnings11/05/2021Ex-Dividend for 3/10 Dividend2/22/2023Dividend Payable3/10/2023Today3/22/2023Next Earnings (Estimated)5/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNYSE:HE CUSIP41987010 CIK354707 Webwww.hei.com Phone(808) 543-5662Fax808-543-7966Employees3,756Year Founded1891Price Target and Rating Average Stock Price Forecast$40.75 High Stock Price Forecast$43.00 Low Stock Price Forecast$36.00 Forecasted Upside/Downside+7.3%Consensus RatingReduce Rating Score (0-4)1.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.20 Trailing P/E Ratio17.25 Forward P/E Ratio16.95 P/E Growth5.45Net Income$243.03 million Net Margins6.49% Pretax Margin8.13% Return on Equity10.92% Return on Assets1.51% Debt Debt-to-Equity Ratio1.10 Current Ratio0.08 Quick Ratio0.08 Sales & Book Value Annual Sales$3.74 billion Price / Sales1.11 Cash Flow$4.96 per share Price / Cash Flow7.65 Book Value$20.12 per share Price / Book1.89Miscellaneous Outstanding Shares109,470,000Free Float108,531,000Market Cap$4.16 billion OptionableOptionable Beta0.41 Social Links Key ExecutivesScott W.H. SeuPresident, Chief Executive Officer & DirectorPaul K. ItoChief Financial Officer & Executive Vice PresidentKurt K. MuraoSecretary, Chief Administrative Officer & EVPJulie R. SmolinskiVP-Investor Relations & Corporate SustainabilityChristine Nutaitis OhashiVice President-Internal AuditKey CompetitorsPNM ResourcesNYSE:PNMPortland General ElectricNYSE:POROtter TailNASDAQ:OTTRIDACORPNYSE:IDAOGE EnergyNYSE:OGEView All CompetitorsInsiders & InstitutionsKeith P RussellSold 10,000 sharesTotal: $392,100.00 ($39.21/share)NatixisBought 14,300 shares on 2/24/2023Ownership: 0.013%Macquarie Group Ltd.Sold 10,114 shares on 2/21/2023Ownership: 0.045%Northwestern Mutual Investment Management Company LLCSold 5,679 shares on 2/21/2023Ownership: 0.009%Truist Financial CorpSold 3,009 shares on 2/17/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions HE Stock - Frequently Asked Questions Should I buy or sell Hawaiian Electric Industries stock right now? 3 Wall Street research 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 research 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 Wall Street analysts have issued 1-year price objectives for Hawaiian Electric Industries' shares. Their HE share price forecasts range from $36.00 to $43.00. On average, they anticipate the company's stock price to reach $40.75 in the next twelve months. This suggests a possible upside of 7.3% 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 2023? Hawaiian Electric Industries' stock was trading at $41.85 at the beginning of 2023. Since then, HE stock has decreased by 9.3% and is now trading at $37.96. View the best growth stocks for 2023 here. Are investors shorting Hawaiian Electric Industries? Hawaiian Electric Industries saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,960,000 shares, an increase of 11.4% from the February 13th total of 1,760,000 shares. Based on an average daily trading volume, of 368,500 shares, the short-interest ratio is currently 5.3 days. Approximately 1.8% 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, May 8th 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 the consensus estimate of $0.59 by $0.01. The utilities provider had revenue of $756.90 million for the quarter. Hawaiian Electric Industries had a net margin of 6.49% and a trailing twelve-month return on equity of 10.92%. During the same period last year, the business earned $0.59 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 Friday, February 10th. Stockholders of record on Thursday, February 23rd will be given a dividend of $0.36 per share on Friday, March 10th. This represents a $1.44 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend is Wednesday, February 22nd. This is an increase from the stock's previous quarterly dividend of $0.35. Read our dividend analysis for HE. What ETFs hold Hawaiian Electric Industries' stock? ETFs with the largest weight of Hawaiian Electric Industries (NYSE:HE) stock in their portfolio include Global SuperDividend US ETF (DIV), First Trust Utilities AlphaDEX Fund (FXU), Invesco S&P MidCap Low Volatility ETF (XMLV), iShares U.S. Infrastructure ETF (IFRA), iShares Factors US Value Style ETF (STLV), First Trust Value Line Dividend Index Fund (FVD), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV). Is Hawaiian Electric Industries a good dividend stock? Hawaiian Electric Industries (NYSE:HE) pays an annual dividend of $1.44 per share and currently has a dividend yield of 3.83%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 65.45%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for HE. What guidance has Hawaiian Electric Industries issued on next quarter's earnings? Hawaiian Electric Industries issued an update on its FY 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of $2.15-$2.35 for the period, compared to the consensus earnings per share estimate of $2.32. 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 many different retail and institutional investors. Top institutional investors include Nordea Investment Management AB (3.79%), First Trust Advisors LP (1.86%), Geode Capital Management LLC (1.46%), Charles Schwab Investment Management Inc. (1.24%), Allspring Global Investments Holdings LLC (1.19%) and Dimensional Fund Advisors LP (1.14%). Insiders that own company stock include Constance H Lau, Gregory C Hazelton, Gregory C Hazelton and Keith P Russell. 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 $37.96. How much money does Hawaiian Electric Industries make? Hawaiian Electric Industries (NYSE:HE) has a market capitalization of $4.16 billion and generates $3.74 billion in revenue each year. The utilities provider earns $243.03 million in net income (profit) each year or $2.20 on an earnings per share basis. How many employees does Hawaiian Electric Industries have? The company employs 3,756 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. 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