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
Capitalization:- Market Cap: $3.56267 billion
- Outstanding Shares: 108,750,000
Average Prices:- 50 Day Moving Avg: $32.81
- 200 Day Moving Avg: $33.12
- 52 Week Range: $28.31 - $34.08
P/E:- Trailing P/E Ratio: 14.19
- Foreward P/E Ratio: 18.11
- P/E Growth: 7.40
Sales & Book Value:- Annual Revenue: $2.42 billion
- Price / Sales: 1.46
- Book Value: $19.00 per share
- Price / Book: 1.72
Dividend:- Annual Dividend: $1.24
- Dividend Yield: 3.8%
Profitability:- EBIDTA: $553.33 million
- Net Margins: 10.41%
- Return on Equity: 9.35%
- Return on Assets: 1.55%
Debt:- Debt-to-Equity Ratio: 0.78%
- Current Ratio: 0.85%
- Quick Ratio: 0.85%
Misc:- Average Volume: 406,246 shs.
- Beta: 0.45
- 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 Thursday, May 4th. Investors of record on Wednesday, May 24th will be given a dividend of $0.31 per share on Monday, June 12th. This represents a $1.24 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Monday, May 22nd. 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 Friday, May, 5th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.02. The firm earned $591.56 million during the quarter, compared to analyst estimates of $555.45 million. Hawaiian Electric Industries had a net margin of 10.41% and a return on equity of 9.35%. View Hawaiian Electric Industries' Earnings History.
Where is Hawaiian Electric Industries' stock going? Where will Hawaiian Electric Industries' stock price be in 2017?
2 brokerages have issued 1-year price objectives for Hawaiian Electric Industries' stock. Their predictions 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?
Some companies that are related to Hawaiian Electric Industries include OGE Energy Corporation (OGE), Pepco Holdings LLC (POM), Empresa Nacional de Electricidad S.A. (EOCC), Great Plains Energy (GXP), Calpine Corporation (CPN), IDACORP (IDA), Portland General Electric Company (POR), Pampa Energia S.A. (PAM), Allete (ALE), PNM Resources, Inc. (Holding Co.) (PNM), NorthWestern Corporation (NWE), Ormat Technologies (ORA), UIL Holdings (UIL), Companhia Paranaense de Energia (COPEL) (ELP), 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 variety of of institutional and retail investors. Top institutional shareholders include State Treasurer State of Michigan (0.66%), Gateway Investment Advisers LLC (0.13%), Aperio Group LLC (0.12%), Nisa Investment Advisors LLC (0.08%), Bennicas & Associates Inc. (0.05%) and Creative Planning (0.04%). 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 Aperio Group LLC, Independent Portfolio Consultants Inc., Nisa Investment Advisors LLC and First Quadrant L P CA. Company insiders that have sold Hawaiian Electric Industries stock in the last year include A Maurice Myers, Barry K Taniguchi, Chester A Richardson and Thomas B Fargo. 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 acquired by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, First Hawaiian Bank, Breton Hill Capital Ltd., Capstone Asset Management Co., Oregon Public Employees Retirement Fund, Creative Planning, US Bancorp DE and LS Investment Advisors LLC. 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 $32.59.
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.
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 (11.02% downside) |
Analysts' Ratings History for Hawaiian Electric Industries (NYSE:HE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/23/2017 | Barclays PLC | Reiterated Rating | Underweight | $27.00 -> $29.00 | Low |  |
| 3/6/2017 | Evercore ISI | Downgrade | Underperform | | N/A | |
| 11/20/2015 | Wells Fargo & Company | Downgrade | Outperform -> Market Perform | | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for Hawaiian Electric Industries (NYSE:HE)Earnings History by Quarter for Hawaiian Electric Industries (NYSE HE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 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 | |
| 2/18/2014 | Q313 | $0.37 | $0.39 | $914.60 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 | |
| 11/3/2011 | | $0.43 | $0.50 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Hawaiian Electric Industries (NYSE:HE)Current Year EPS Consensus Estimate: $1.65 EPS
Next Year EPS Consensus Estimate: $1.8 EPS
Current Dividend Information for Hawaiian Electric Industries (NYSE:HE)| Most Recent Dividend: | 6/12/2017 |
| Annual Dividend: | $1.24 |
| Dividend Yield: | 3.80% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 53.91% (Trailing 12 Months of Earnings)
75.15% (Based on This Year's Estimates)
68.89% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Hawaiian Electric Industries (NYSE HE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/4/2017 | quarterly | $0.31 | 3.7% | 5/22/2017 | 5/24/2017 | 6/12/2017 |
| 2/14/2017 | Quarterly | $0.31 | 3.81% | 2/22/2017 | 2/24/2017 | 3/10/2017 |
| 11/2/2016 | quarterly | $0.31 | | 11/18/2016 | 11/22/2016 | 12/13/2016 |
| 8/3/2016 | quarterly | $0.31 | | 8/22/2016 | 8/24/2016 | 9/12/2016 |
| 5/4/2016 | quarterly | $0.31 | | 5/26/2016 | 5/31/2016 | 6/15/2016 |
| 2/10/2016 | quarterly | $0.31 | | 2/18/2016 | 2/22/2016 | 3/10/2016 |
| 11/5/2015 | quarterly | $0.31 | | 11/19/2015 | 11/23/2015 | 12/10/2015 |
| 8/10/2015 | quarterly | $0.31 | 4.05% | 8/20/2015 | 8/24/2015 | 9/10/2015 |
| 5/6/2015 | quarterly | $0.31 | 4.02% | 5/20/2015 | 5/22/2015 | 6/10/2015 |
| 2/11/2015 | quarterly | $0.31 | 3.72% | 2/20/2015 | 2/24/2015 | 3/10/2015 |
| 11/6/2014 | quarterly | $0.31 | 4.38% | 11/19/2014 | 11/21/2014 | 12/10/2014 |
| 8/8/2014 | quarterly | $0.31 | 5.25% | 8/20/2014 | 8/22/2014 | 9/10/2014 |
| 5/7/2014 | quarterly | $0.31 | 5.22% | 5/20/2014 | 5/22/2014 | 6/10/2014 |
| 2/11/2014 | quarterly | $0.31 | 4.75% | 2/21/2014 | 2/25/2014 | 3/12/2014 |
| 11/8/2013 | quarterly | $0.31 | 4.65% | 11/18/2013 | 11/20/2013 | 12/11/2013 |
| 8/7/2013 | quarterly | $0.31 | 4.69% | 8/19/2013 | 8/21/2013 | 9/11/2013 |
| 5/9/2013 | quarterly | $0.31 | 4.52% | 5/20/2013 | 5/22/2013 | 6/12/2013 |
| 5/8/2013 | special | $0.31 | | 5/20/2013 | 5/22/2013 | 6/12/2013 |
| 2/7/2013 | quarterly | $0.31 | 4.5% | 2/19/2013 | 2/21/2013 | 3/13/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Hawaiian Electric Industries (NYSE:HE)Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 48.31%
Insider Trades by Quarter for Hawaiian Electric Industries (NYSE:HE)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Hawaiian Electric Industries (NYSE:HE)
Latest Headlines for Hawaiian Electric Industries (NYSE:HE)
| Source: |
|
| Date | Headline |
|---|
 | 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 |
 | 49. Hawaii
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 (HE) Beats on Q1 Earnings, Keeps '17 View
finance.yahoo.com - May 8 at 8:00 AM |
 | Hawaiian Electric Industries Inc Announces 3% Retreat In Q1 Profit
www.rttnews.com - May 5 at 9:15 PM |
| Hawaiian Electric Industries reports $34.2M profit in Q1
www.bizjournals.com - May 5 at 9:15 PM |
 | Hawaiian Electric Industries' (HE) CEO Constance Lau on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 9:15 PM |
| Hawaiian Electric Industries, Inc. breached its 50 day moving average in a Bullish Manner : HE-US : May 5, 2017
finance.yahoo.com - May 5 at 9:15 PM |
| HEI Reports First Quarter 2017 Earnings
finance.yahoo.com - May 5 at 9:15 PM |
| HEI Reports First Quarter 2017 Earnings - PR Newswire (press release)
www.prnewswire.com - May 5 at 4:13 PM |
 | HEI posts 1Q profit
marketbeat.com - May 5 at 1:45 PM |
| HEI Maintains Quarterly Dividend Of $0.31 Per Share
finance.yahoo.com - May 4 at 10:48 PM |
| Somewhat Favorable News Coverage Very Likely to Impact Hawaiian Electric Industries (HE) Share Price
www.americanbankingnews.com - May 4 at 8:48 PM |
| HEI Maintains Quarterly Dividend Of $0.31 Per Share - PR Newswire (press release)
www.prnewswire.com - May 4 at 5:48 PM |
| Hawaiian Electric Industries, Inc. (HE) Declares $0.31 Quarterly Dividend
www.americanbankingnews.com - May 4 at 4:43 PM |
| Hawaiian Electric Industries, Inc. (HE) Scheduled to Post Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 9:08 AM |
| Very Favorable News Coverage Very Likely to Impact Hawaiian Electric Industries (HE) Stock Price
www.americanbankingnews.com - May 1 at 9:58 AM |
| American Savings Bank posts 25% gain in Q1
www.bizjournals.com - April 29 at 11:58 PM |
| American Savings Bank Reports First Quarter 2017 Earnings - PR Newswire (press release)
www.prnewswire.com - April 29 at 11:15 PM |
| American Savings Bank Reports First Quarter 2017 Earnings
finance.yahoo.com - April 28 at 11:37 PM |
| Hawaiian Electric Industries (HE) Given Media Impact Rating of 0.14
www.americanbankingnews.com - April 28 at 10:30 PM |
| Hawaiian Electric, NRG Energy strike deal on 3rd Oahu solar farm
finance.yahoo.com - April 24 at 5:21 PM |
Hawaiian Electric Industries (HE) Chart for Tuesday, July, 25, 2017
