Hawaiian Electric Industries Company Profile (NYSE:HE)

About Hawaiian Electric Industries (NYSE:HE)

Hawaiian Electric Industries logoHawaiian 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:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:HE
  • CUSIP: 41987010
  • Web: www.hei.com
Capitalization:
  • Market Cap: $3.64214 billion
  • Outstanding Shares: 108,785,000
Average Prices:
  • 50 Day Moving Avg: $33.38
  • 200 Day Moving Avg: $33.14
  • 52 Week Range: $28.31 - $34.64
P/E:
  • Trailing P/E Ratio: 14.91
  • Foreward P/E Ratio: 18.60
  • P/E Growth: 14.71
Sales & Book Value:
  • Annual Revenue: $2.49 billion
  • Price / Sales: 1.46
  • Book Value: $19.08 per share
  • Price / Book: 1.75
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 3.7%
Profitability:
  • EBIDTA: $544.05 million
  • Net Margins: 9.91%
  • Return on Equity: 8.83%
  • Return on Assets: 1.47%
Debt:
  • Debt-to-Equity Ratio: 0.78%
  • Current Ratio: 0.83%
  • Quick Ratio: 0.83%
Misc:
  • Average Volume: 381,208 shs.
  • Beta: 0.47
  • Short Ratio: 9.79
 

Frequently Asked Questions for Hawaiian Electric Industries (NYSE:HE)

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 Wednesday, August 2nd. Shareholders of record on Wednesday, August 23rd will be paid a dividend of $0.31 per share on Tuesday, September 12th. This represents a $1.24 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Monday, August 21st. View Hawaiian Electric Industries' Dividend History.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) released its quarterly earnings data on Thursday, August, 3rd. The company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.03. The company had revenue of $556.90 million for the quarter, compared to analyst estimates of $568 million. Hawaiian Electric Industries had a net margin of 9.91% and a return on equity of 8.83%. The firm's revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 earnings per share. View Hawaiian Electric Industries' Earnings History.

When will Hawaiian Electric Industries make its next earnings announcement?

Hawaiian Electric Industries is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Hawaiian Electric Industries.

Where is Hawaiian Electric Industries' stock going? Where will Hawaiian Electric Industries' stock price be in 2017?

2 equities research analysts have issued 1 year price targets for Hawaiian Electric Industries' stock. Their forecasts range from $29.00 to $29.00. On average, they expect Hawaiian Electric Industries' share price to reach $29.00 in the next year. View Analyst Ratings for Hawaiian Electric Industries.

Who are some of Hawaiian Electric Industries' key competitors?

Who are Hawaiian Electric Industries' key executives?

Hawaiian Electric Industries' management team includes the folowing people:

  • Constance H. Lau, President, Chief Executive Officer, Director
  • Gregory C. Hazelton, Chief Financial Officer, Executive Vice President
  • Richard F. Wacker, President, Chief Executive Officer, Director of American Savings Bank, F.S.B.
  • Alan M. Oshima, President, Chief Executive Officer of Hawaiian Electric
  • Jeffrey N. Watanabe, Non-Executive Independent Chairman of the Board
  • Richard J. Dahl CPA, Independent Director
  • Thomas Boulton Fargo, Independent Director
  • Peggy Y. Fowler, Independent Director
  • Keith P. Russell, Independent Director

Who owns Hawaiian Electric Industries stock?

Hawaiian Electric Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.85%), BlackRock Inc. (8.19%), State Street Corp (2.96%), Bank of New York Mellon Corp (2.64%), Wells Fargo & Company MN (2.52%) and First Trust Advisors LP (2.23%). Company insiders that own Hawaiian Electric Industries stock include A Maurice Myers, Barry K Taniguchi, Chester A Richardson and Thomas B Fargo. View Institutional Ownership Trends for Hawaiian Electric Industries.

Who sold Hawaiian Electric Industries stock? Who is selling Hawaiian Electric Industries stock?

Hawaiian Electric Industries' stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Goldman Sachs Group Inc., Martingale Asset Management L P, JPMorgan Chase & Co., Convergence Investment Partners LLC, Vanguard Group Inc. and Principal Financial Group Inc.. View Insider Buying and Selling for Hawaiian Electric Industries.

Who bought Hawaiian Electric Industries stock? Who is buying Hawaiian Electric Industries stock?

Hawaiian Electric Industries' stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Janus Henderson Group PLC, Wells Fargo & Company MN, FMR LLC, Parametric Portfolio Associates LLC, AHL Partners LLP, State of Tennessee Treasury Department and State Street Corp. View Insider Buying and Selling for Hawaiian Electric Industries.

How do I buy Hawaiian Electric Industries stock?

Shares of Hawaiian Electric Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hawaiian Electric Industries' stock price today?

One share of Hawaiian Electric Industries stock can currently be purchased for approximately $33.48.


MarketBeat Community Rating for Hawaiian Electric Industries (NYSE HE)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  250
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.

Analyst Ratings

Consensus Ratings for Hawaiian Electric Industries (NYSE:HE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $29.00 (13.38% downside)

Analysts' Ratings History for Hawaiian Electric Industries (NYSE:HE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/23/2017Barclays PLCReiterated RatingUnderweight$27.00 -> $29.00LowView Rating Details
3/6/2017Evercore ISIDowngradeUnderperformN/AView Rating Details
11/20/2015Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 9/26/2015 forward)

Earnings

Earnings History for Hawaiian Electric Industries (NYSE:HE)
Earnings by Quarter for Hawaiian Electric Industries (NYSE:HE)
Earnings History by Quarter for Hawaiian Electric Industries (NYSE HE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.57N/AView Earnings Details
8/3/2017Q2 2017$0.39$0.36$568.00 million$556.90 millionViewListenView Earnings Details
5/5/2017Q1 2017$0.29$0.31$555.45 million$591.56 millionViewN/AView Earnings Details
2/14/2017Q416$0.42$0.41$705.92 million$617.40 millionViewListenView Earnings Details
11/4/2016Q316$0.50$0.58$728.12 million$646.05 millionViewN/AView Earnings Details
8/4/2016Q216$0.40$0.43$622.85 million$566.24 millionViewListenView Earnings Details
5/4/2016Q116$0.37$0.31$588.65 million$550.96 millionViewListenView Earnings Details
2/11/2016Q415$0.40$0.41$1.26 billion$624.03 millionViewListenView Earnings Details
11/5/2015Q315$0.50$0.49$944.27 million$717.20 millionViewListenView Earnings Details
8/10/2015Q215$0.45$0.39$799.41 million$623.90 millionViewListenView Earnings Details
5/6/2015Q1 15$0.45$0.36$787.85 million$637.86 millionViewN/AView Earnings Details
2/12/2015Q414$0.32$0.36$799.26 million$790.00 millionViewListenView Earnings Details
11/6/2014Q3$0.42$0.46$804.07 million$867.10 millionViewListenView Earnings Details
8/11/2014Q2$0.39$0.41$795.97 million$798.70 millionViewListenView Earnings Details
5/7/2014Q1$0.34$0.45$738.83 million$783.75 millionViewListenView Earnings Details
2/18/2014Q313$0.37$0.39$914.60 millionViewListenView Earnings Details
11/7/2013Q213$0.51$0.48$907.62 million$831.23 millionViewListenView Earnings Details
5/8/2013Q1 2013$0.38$0.34$822.11 million$784.06 millionViewListenView Earnings Details
2/15/2013Q4 2012$0.32$0.39$851.03 million$838.15 millionViewListenView Earnings Details
11/3/2011$0.43$0.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hawaiian Electric Industries (NYSE:HE)
Current Year EPS Consensus Estimate: $1.65 EPS
Next Year EPS Consensus Estimate: $1.8 EPS

Dividends

Current Dividend Information for Hawaiian Electric Industries (NYSE:HE)
Most Recent Dividend:9/12/2017
Annual Dividend:$1.24
Dividend Yield:3.70%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:55.11% (Trailing 12 Months of Earnings)
75.15% (Based on This Year's Estimates)
68.89% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Hawaiian Electric Industries (NYSE:HE)

Dividend History by Quarter for Hawaiian Electric Industries (NYSE HE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017quarterly$0.313.75%8/21/20178/23/20179/12/2017
5/4/2017quarterly$0.313.7%5/22/20175/24/20176/12/2017
2/14/2017Quarterly$0.313.81%2/22/20172/24/20173/10/2017
11/2/2016quarterly$0.3111/18/201611/22/201612/13/2016
8/3/2016quarterly$0.318/22/20168/24/20169/12/2016
5/4/2016quarterly$0.315/26/20165/31/20166/15/2016
2/10/2016quarterly$0.312/18/20162/22/20163/10/2016
11/5/2015quarterly$0.3111/19/201511/23/201512/10/2015
8/10/2015quarterly$0.314.05%8/20/20158/24/20159/10/2015
5/6/2015quarterly$0.314.02%5/20/20155/22/20156/10/2015
2/11/2015quarterly$0.313.72%2/20/20152/24/20153/10/2015
11/6/2014quarterly$0.314.38%11/19/201411/21/201412/10/2014
8/8/2014quarterly$0.315.25%8/20/20148/22/20149/10/2014
5/7/2014quarterly$0.315.22%5/20/20145/22/20146/10/2014
2/11/2014quarterly$0.314.75%2/21/20142/25/20143/12/2014
11/8/2013quarterly$0.314.65%11/18/201311/20/201312/11/2013
8/7/2013quarterly$0.314.69%8/19/20138/21/20139/11/2013
5/9/2013quarterly$0.314.52%5/20/20135/22/20136/12/2013
5/8/2013special$0.315/20/20135/22/20136/12/2013
2/7/2013quarterly$0.314.5%2/19/20132/21/20133/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Hawaiian Electric Industries (NYSE:HE)
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 48.49%
Insider Trades by Quarter for Hawaiian Electric Industries (NYSE:HE)
Institutional Ownership by Quarter for Hawaiian Electric Industries (NYSE:HE)
Insider Trades by Quarter for Hawaiian Electric Industries (NYSE:HE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2016Barry K. TaniguchiDirectorSell14,942$30.29$452,593.18View SEC Filing  
8/25/2016Chester A. RichardsonEVPSell15,921$30.16$480,177.36View SEC Filing  
8/15/2016A Maurice MyersDirectorSell34,500$30.47$1,051,215.00View SEC Filing  
8/10/2016Thomas B FargoDirectorSell7,000$30.60$214,200.00View SEC Filing  
12/30/2014Peggy Y FowlerDirectorBuy237$34.32$8,133.84View SEC Filing  
9/30/2014Peggy Y FowlerDirectorBuy304$26.72$8,122.88View SEC Filing  
12/3/2013Jeffrey WatanabeDirectorSell4,000$25.33$101,320.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Hawaiian Electric Industries (NYSE:HE)
Latest Headlines for Hawaiian Electric Industries (NYSE:HE)
Source:
DateHeadline
reuters.com logoBRIEF-Hawaiian Electric Industries says Arclight Capital affiliate signed agreement to sell 60 MW Hamakua Energy Partners plant
www.reuters.com - September 22 at 11:25 AM
finance.yahoo.com logoHawaiian Electric's Unit to Acquire 60MW Plant in Hawaii
finance.yahoo.com - September 22 at 11:25 AM
finance.yahoo.com logoHawaiian Electric's Unit to Acquire 60MW Plant in Hawaii
finance.yahoo.com - September 22 at 11:25 AM
finance.yahoo.com logoETFs with exposure to Hawaiian Electric Industries, Inc. : September 22, 2017
finance.yahoo.com - September 22 at 11:25 AM
finance.yahoo.com logoNew HEI subsidiary buys 60-megawatt Big Island power plant
finance.yahoo.com - September 21 at 12:58 AM
finance.yahoo.com logoHawaiian Electric Industries, Inc. :HE-US: Earnings Analysis: Q2, 2017 By the Numbers : September 20, 2017
finance.yahoo.com - September 20 at 7:57 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. : HE-US: Dividend Analysis : August 23rd, 2017 (record date) : By the numbers : September 19, 2017
finance.yahoo.com - September 19 at 7:25 PM
bizjournals.com logoHonolulu receives $1.4 M in federal funding to purchase, deploy electric buses - Pacific Business News (Honolulu)
www.bizjournals.com - September 19 at 5:09 AM
finance.yahoo.com logoHonolulu receives $1.4 M in federal funding to purchase, deploy electric buses
finance.yahoo.com - September 19 at 12:00 AM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (HE) Expected to Post Earnings of $0.57 Per Share
www.americanbankingnews.com - September 9 at 1:02 PM
finance.yahoo.com logoHawaiian Electric Companies submit plan to modernize island grids
finance.yahoo.com - August 30 at 12:59 AM
americanbankingnews.com logoHawaiian Electric Industries (HE) vs. Spark Energy (SPKE) Financial Analysis
www.americanbankingnews.com - August 28 at 6:18 AM
americanbankingnews.com logoBidaskClub Upgrades Hawaiian Electric Industries, Inc. (HE) to "Hold"
www.americanbankingnews.com - August 26 at 4:56 PM
americanbankingnews.com logoZacks: Analysts Expect Hawaiian Electric Industries, Inc. (HE) Will Post Earnings of $0.57 Per Share
www.americanbankingnews.com - August 21 at 6:16 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (HE) Upgraded to "Sell" at BidaskClub
www.americanbankingnews.com - August 19 at 6:28 PM
americanbankingnews.com logoHead-To-Head Survey: Pampa Energia (PAM) versus Hawaiian Electric Industries (HE)
www.americanbankingnews.com - August 19 at 4:32 PM
nasdaq.com logoHawaiian Electric Industries, Inc. (HE) Ex-Dividend Date Scheduled for August ...
www.nasdaq.com - August 18 at 7:16 PM
nasdaq.com logoHawaiian Electric Industries' Preferred Securities, Series 2004 Yield Pushes Past 6% - Nasdaq
www.nasdaq.com - August 8 at 7:07 PM
finance.yahoo.com logoEdited Transcript of HE earnings conference call or presentation 3-Aug-17 7:00pm GMT
finance.yahoo.com - August 4 at 5:31 AM
bizjournals.com logoHawaiian Electric parent reports $39M in Q2
www.bizjournals.com - August 4 at 12:29 AM
seekingalpha.com logoHawaiian Electric Industries' (HE) CEO Connie Lau on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 4 at 12:29 AM
finance.yahoo.com logoInvestor Network: Hawaiian Electric Industries, Inc. to Host Earnings Call
finance.yahoo.com - August 3 at 7:27 PM
finance.yahoo.com logoHEI Reports Second Quarter 2017 Earnings
finance.yahoo.com - August 3 at 7:27 PM
finance.yahoo.com logoHEI posts 2Q profit
finance.yahoo.com - August 3 at 7:27 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (NYSE:HE) Issues Quarterly Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - August 3 at 7:02 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (HE) Plans Quarterly Dividend of $0.31
www.americanbankingnews.com - August 2 at 4:53 PM
bizjournals.com logoAmerican Savings Bank posts $17M Q2 profit - Pacific Business News (Honolulu)
www.bizjournals.com - July 29 at 3:15 AM
finance.yahoo.com logoAmerican Savings Bank Reports Second Quarter 2017 Earnings
finance.yahoo.com - July 28 at 10:13 PM
prnewswire.com logoPre-Market Technical Pulse on Electric Utilities Stocks -- Atlantica Yield, Hawaiian Electric Industries, NRG Yield ... - PR Newswire (press release)
www.prnewswire.com - July 27 at 7:58 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. breached its 50 day moving average in a Bullish Manner : HE-US : July 27, 2017
finance.yahoo.com - July 27 at 7:58 PM
americanbankingnews.com logoHawaiian Electric Industries, Inc. (NYSE:HE) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - July 27 at 12:42 AM
bizjournals.com logoCorporate America is sitting on trillions in cash. Here's who has the most dry powder in Honolulu
www.bizjournals.com - July 26 at 7:59 PM
finance.yahoo.com logoETFs with exposure to Hawaiian Electric Industries, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 10:25 PM
finance.yahoo.com logoHawaii's Push to 100% Renewable Energy Presents Opportunity for Solar Energy
finance.yahoo.com - July 22 at 7:50 PM
prnewswire.com logoHawaiian Electric Industries, Inc. To Announce Second Quarter 2017 Financial Results On August 3, 2017; American ... - PR Newswire (press release)
www.prnewswire.com - July 20 at 10:41 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. To Announce Second Quarter 2017 Financial Results On August 3, 2017; American Savings Bank To Announce Second Quarter Financial Results On July 28, 2017
finance.yahoo.com - July 20 at 10:41 PM
nasdaq.com logoHawaiian Electric Industries (HE) Shares Enter Oversold Territory - Nasdaq
www.nasdaq.com - July 19 at 3:18 PM
bizjournals.com logoHawaiian Electric rates could rise 44% under plan OKed by state regulators
www.bizjournals.com - July 17 at 11:49 PM
finance.yahoo.com logoETFs with exposure to Hawaiian Electric Industries, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 11:48 PM
cnbc.com logo49. Hawaii
www.cnbc.com - July 12 at 3:16 AM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - HE
www.nasdaq.com - June 29 at 11:41 PM
bizjournals.com logoEmergency power facility at Honolulu airport in full operation after years of testing
www.bizjournals.com - June 29 at 11:41 PM
finance.yahoo.com logoHawaiian Electric Industries, Inc. breached its 50 day moving average in a Bearish Manner : HE-US : June 23, 2017
finance.yahoo.com - June 23 at 3:42 PM
finance.yahoo.com logo​Hawaiian Electric invests in Google Trekker to showcase tourist sites
finance.yahoo.com - June 22 at 9:07 AM
prnewswire.com logoStocks Under Scanner in the Electric Utilities Space -- NRG Yield, Atlantica Yield, Hawaiian Electric Industries ... - PR Newswire (press release)
www.prnewswire.com - June 20 at 11:33 PM
bizjournals.com logoStocks Under Scanner in the Electric Utilities Space -- NRG Yield, Atlantica Yield, Hawaiian Electric Industries, and Portland General Electric
www.bizjournals.com - June 20 at 6:29 PM
finance.yahoo.com logoETFs with exposure to Hawaiian Electric Industries, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 7:53 PM
americanbankingnews.com logoContrasting Hawaiian Electric Industries (HE) & Southern (SO)
www.americanbankingnews.com - June 11 at 8:32 AM
nasdaq.com logoHawaiian Electric (HE) Up 0.3% Since Earnings Report: Can It Continue? - Nasdaq
www.nasdaq.com - June 7 at 10:18 PM
finance.yahoo.com logoHawaiian Electric (HE) Up 0.3% Since Earnings Report: Can It Continue?
finance.yahoo.com - June 7 at 10:35 AM

Social

Chart

Hawaiian Electric Industries (HE) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by MarketBeat.com Staff