Hawaiian 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 - NEC
- Sub-Industry: Electric Utilities
- Symbol: NYSE:HE
- CUSIP: 41987010
- Web: www.hei.com
- Market Cap: $3.61 billion
- Outstanding Shares: 108,785,000
- 50 Day Moving Avg: $32.69
- 200 Day Moving Avg: $33.10
- 52 Week Range: $28.31 - $34.08
Sales & Book Value:
- Trailing P/E Ratio: 14.78
- Foreward P/E Ratio: 18.46
- P/E Growth: 7.54
- Annual Revenue: $2.49 billion
- Price / Sales: 1.45
- Book Value: $19.08 per share
- Price / Book: 1.74
- Annual Dividend: $1.24
- Dividend Yield: 3.8%
- EBIDTA: $544.05 million
- Net Margins: 9.91%
- Return on Equity: 8.83%
- Return on Assets: 1.47%
- Debt-to-Equity Ratio: 0.78%
- Current Ratio: 0.83%
- Quick Ratio: 0.83%
- Average Volume: 395,617 shs.
- Beta: 0.46
- 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 declared a quarterly dividend on Wednesday, August 2nd. Stockholders 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 3.73%. 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) posted its quarterly earnings results on Thursday, August, 3rd. The company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.03. The business earned $556.90 million during the quarter, compared to the consensus estimate of $568 million. Hawaiian Electric Industries had a return on equity of 8.83% and a net margin of 9.91%. Hawaiian Electric Industries's quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the company earned $0.43 earnings per share. View Hawaiian Electric Industries' Earnings History.
When will Hawaiian Electric Industries make its next earnings announcement?
Where is Hawaiian Electric Industries' stock going? Where will Hawaiian Electric Industries' stock price be in 2017?
2 brokerages have issued 12 month target prices for Hawaiian Electric Industries' stock. Their forecasts range from $29.00 to $29.00. On average, they anticipate Hawaiian Electric Industries' share price to reach $29.00 in the next twelve months. View Analyst Ratings for Hawaiian Electric Industries.
Who are some of Hawaiian Electric Industries' key competitors?
Some companies that are related to Hawaiian Electric Industries include Pepco Holdings LLC (POM), Great Plains Energy (GXP), Empresa Nacional de Electricidad S.A. (EOCC), Calpine Corporation (CPN), IDACORP (IDA), Pampa Energia S.A. (PAM), Portland General Electric Company (POR), Allete (ALE), PNM Resources, Inc. (Holding Co.) (PNM), NorthWestern Corporation (NWE), UIL Holdings (UIL), Ormat Technologies (ORA), Companhia Paranaense de Energia (COPEL) (ELP), MGE Energy (MGEE), El Paso Electric Company (EE), Atlantica Yield PLC (ABY), Otter Tail Corporation (OTTR) and Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN).
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 a number of of retail and institutional 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.. Company insiders that have sold Hawaiian Electric Industries stock in the last year include Barry K Taniguchi and Chester A Richardson. 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?
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 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.
One share of Hawaiian Electric Industries stock can currently be purchased for approximately $33.23.
Consensus Ratings for Hawaiian Electric Industries (NYSE:HE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings|
|Consensus Rating:||Sell (Score: 1.00)|
|Consensus Price Target: ||$29.00 (12.73% downside)|
Analysts' Ratings History for Hawaiian Electric Industries (NYSE:HE)
(Data available from 8/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/23/2017||Barclays PLC||Reiterated Rating||Underweight||$27.00 -> $29.00||Low|
|11/20/2015||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
Earnings History for Hawaiian Electric Industries (NYSE:HE)Earnings History by Quarter for Hawaiian Electric Industries (NYSE HE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||$0.39||$0.36||$568.00 million||$556.90 million||View||Listen|
|5/5/2017||Q1 2017||$0.29||$0.31||$555.45 million||$591.56 million||View||N/A|
|2/14/2017||Q416||$0.42||$0.41||$705.92 million||$617.40 million||View||Listen|
|11/4/2016||Q316||$0.50||$0.58||$728.12 million||$646.05 million||View||N/A|
|8/4/2016||Q216||$0.40||$0.43||$622.85 million||$566.24 million||View||Listen|
|5/4/2016||Q116||$0.37||$0.31||$588.65 million||$550.96 million||View||Listen|
|2/11/2016||Q415||$0.40||$0.41||$1.26 billion||$624.03 million||View||Listen|
|11/5/2015||Q315||$0.50||$0.49||$944.27 million||$717.20 million||View||Listen|
|8/10/2015||Q215||$0.45||$0.39||$799.41 million||$623.90 million||View||Listen|
|5/6/2015||Q1 15||$0.45||$0.36||$787.85 million||$637.86 million||View||N/A|
|2/12/2015||Q414||$0.32||$0.36||$799.26 million||$790.00 million||View||Listen|
|11/6/2014||Q3||$0.42||$0.46||$804.07 million||$867.10 million||View||Listen|
|8/11/2014||Q2||$0.39||$0.41||$795.97 million||$798.70 million||View||Listen|
|5/7/2014||Q1||$0.34||$0.45||$738.83 million||$783.75 million||View||Listen|
|11/7/2013||Q213||$0.51||$0.48||$907.62 million||$831.23 million||View||Listen|
|5/8/2013||Q1 2013||$0.38||$0.34||$822.11 million||$784.06 million||View||Listen|
|2/15/2013||Q4 2012||$0.32||$0.39||$851.03 million||$838.15 million||View||Listen|
Earnings Estimates for Hawaiian Electric Industries (NYSE:HE)
Current Year EPS Consensus Estimate: $1.63 EPS
Next Year EPS Consensus Estimate: $1.80 EPS
Current Dividend Information for Hawaiian Electric Industries (NYSE:HE)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||55.11% (Trailing 12 Months of Earnings) |
76.07% (Based on This Year's Estimates)
68.89% (Based on Next Year's Estimates)
Dividend History by Quarter for Hawaiian Electric Industries (NYSE HE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Hawaiian Electric Industries (NYSE:HE)
Insider Ownership Percentage: 0.90%Insider Trades by Quarter for Hawaiian Electric Industries (NYSE:HE)
Institutional Ownership Percentage: 48.55%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/8/2016||Barry K. Taniguchi||Director||Sell||14,942||$30.29||$452,593.18|| |
|8/25/2016||Chester A. Richardson||EVP||Sell||15,921||$30.16||$480,177.36|| |
|8/15/2016||A Maurice Myers||Director||Sell||34,500||$30.47||$1,051,215.00|| |
|8/10/2016||Thomas B Fargo||Director||Sell||7,000||$30.60||$214,200.00|| |
|12/30/2014||Peggy Y Fowler||Director||Buy||237||$34.32||$8,133.84|| |
|9/30/2014||Peggy Y Fowler||Director||Buy||304||$26.72||$8,122.88|| |
|12/3/2013||Jeffrey Watanabe||Director||Sell||4,000||$25.33||$101,320.00|| |
Headline Trends for Hawaiian Electric Industries (NYSE:HE)
Latest Headlines for Hawaiian Electric Industries (NYSE:HE)
|Zacks: Analysts Expect Hawaiian Electric Industries, Inc. (HE) Will Post Earnings of $0.57 Per Share|
www.americanbankingnews.com - August 21 at 6:16 PM
|Hawaiian Electric Industries, Inc. (HE) Upgraded to "Sell" at BidaskClub|
www.americanbankingnews.com - August 19 at 6:28 PM
|Head-To-Head Survey: Pampa Energia (PAM) versus Hawaiian Electric Industries (HE)|
www.americanbankingnews.com - August 19 at 4:32 PM
|Hawaiian Electric Industries, Inc. (HE) Ex-Dividend Date Scheduled for August ...|
www.nasdaq.com - August 18 at 7:16 PM
|Hawaiian Electric Industries' Preferred Securities, Series 2004 Yield Pushes Past 6% - Nasdaq|
www.nasdaq.com - August 8 at 7:07 PM
|Edited Transcript of HE earnings conference call or presentation 3-Aug-17 7:00pm GMT|
finance.yahoo.com - August 4 at 5:31 AM
|Hawaiian Electric parent reports $39M in Q2|
www.bizjournals.com - August 4 at 12:29 AM
|Hawaiian Electric Industries' (HE) CEO Connie Lau on Q2 2017 Results - Earnings Call Transcript|
seekingalpha.com - August 4 at 12:29 AM
|Investor Network: Hawaiian Electric Industries, Inc. to Host Earnings Call|
finance.yahoo.com - August 3 at 7:27 PM
|HEI Reports Second Quarter 2017 Earnings|
finance.yahoo.com - August 3 at 7:27 PM
|HEI posts 2Q profit|
finance.yahoo.com - August 3 at 7:27 PM
|Hawaiian Electric Industries, Inc. (NYSE:HE) Issues Quarterly Earnings Results, Misses Expectations By $0.03 EPS|
www.americanbankingnews.com - August 3 at 7:02 PM
|Hawaiian Electric Industries, Inc. (HE) Plans Quarterly Dividend of $0.31|
www.americanbankingnews.com - August 2 at 4:53 PM
|American Savings Bank posts $17M Q2 profit - Pacific Business News (Honolulu)|
www.bizjournals.com - July 29 at 3:15 AM
|American Savings Bank Reports Second Quarter 2017 Earnings|
finance.yahoo.com - July 28 at 10:13 PM
|Pre-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
|Hawaiian 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
|Hawaiian Electric Industries, Inc. (NYSE:HE) Upgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - July 27 at 12:42 AM
|Corporate 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
|ETFs with exposure to Hawaiian Electric Industries, Inc. : July 24, 2017|
finance.yahoo.com - July 24 at 10:25 PM
|Hawaii's Push to 100% Renewable Energy Presents Opportunity for Solar Energy|
finance.yahoo.com - July 22 at 7:50 PM
|Hawaiian 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
|Hawaiian 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
|Hawaiian Electric Industries (HE) Shares Enter Oversold Territory - Nasdaq|
www.nasdaq.com - July 19 at 3:18 PM
|Hawaiian Electric rates could rise 44% under plan OKed by state regulators|
www.bizjournals.com - July 17 at 11:49 PM
|ETFs with exposure to Hawaiian Electric Industries, Inc. : July 14, 2017|
finance.yahoo.com - July 14 at 11:48 PM
www.cnbc.com - July 12 at 3:16 AM
|Notable Two Hundred Day Moving Average Cross - HE|
www.nasdaq.com - June 29 at 11:41 PM
|Emergency power facility at Honolulu airport in full operation after years of testing|
www.bizjournals.com - June 29 at 11:41 PM
|Hawaiian 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
|Hawaiian Electric invests in Google Trekker to showcase tourist sites|
finance.yahoo.com - June 22 at 9:07 AM
|Stocks 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
|Stocks 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
|ETFs with exposure to Hawaiian Electric Industries, Inc. : June 15, 2017|
finance.yahoo.com - June 15 at 7:53 PM
|Contrasting Hawaiian Electric Industries (HE) & Southern (SO)|
www.americanbankingnews.com - June 11 at 8:32 AM
|Hawaiian Electric (HE) Up 0.3% Since Earnings Report: Can It Continue? - Nasdaq|
www.nasdaq.com - June 7 at 10:18 PM
|Hawaiian Electric (HE) Up 0.3% Since Earnings Report: Can It Continue?|
finance.yahoo.com - June 7 at 10:35 AM
|Hawaiian Electric Industries, Inc. breached its 50 day moving average in a Bullish Manner : HE-US : June 2, 2017|
finance.yahoo.com - June 2 at 7:00 PM
|Hawaii's energy industry unaffected by Trump decision to pull out of Paris climate agreement|
www.bizjournals.com - June 1 at 11:28 PM
|Hu Honua, HELCO reach settlement to put lawsuit on hold|
finance.yahoo.com - May 26 at 11:22 PM
|Hawaiian Electric Industries, Inc. (HE) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - May 26 at 2:13 PM
|Hawaiian Electric Industries, Inc. : HE-US: Dividend Analysis : May 24th, 2017 (record date) : By the numbers : May 24, 2017|
finance.yahoo.com - May 24 at 11:48 AM
|Hawaiian Electric Industries (HE) Shares Enter Oversold Territory|
www.nasdaq.com - May 16 at 5:34 PM
|ETFs with exposure to Hawaiian Electric Industries, Inc. : May 11, 2017|
finance.yahoo.com - May 11 at 6:14 PM
|Edited Transcript of HE earnings conference call or presentation 5-May-17 6:00pm GMT|
finance.yahoo.com - May 10 at 10:48 PM
|Gabelli Weighs in on Hawaiian Electric Industries, Inc.'s FY2020 Earnings (HE)|
www.americanbankingnews.com - May 10 at 3:38 PM
|Hawaiian Electric Industries, Inc. :HE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017|
finance.yahoo.com - May 10 at 12:58 PM
|Gabelli Weighs in on Hawaiian Electric Industries, Inc.'s FY2021 Earnings (HE)|
www.americanbankingnews.com - May 9 at 12:42 PM
|Hawaiian Electric (HE) Beats on Q1 Earnings, Keeps '17 View|
www.zacks.com - May 8 at 5:20 PM
|Hawaiian Electric Industries, Inc. (HE) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS|
www.americanbankingnews.com - May 8 at 3:18 PM
Hawaiian Electric Industries (HE) Chart for Thursday, August, 24, 2017