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. $41.48 -0.11 (-0.26%) (As of 01/26/2023 04:29 PM ET) Add Compare Share Share Today's Range$41.25▼$41.6850-Day Range$38.87▼$42.7752-Week Range$33.18▼$44.72Volume205,909 shsAverage Volume288,824 shsMarket Capitalization$4.54 billionP/E Ratio19.03Dividend Yield3.37%Price Target$39.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hawaiian Electric Industries MarketRank™ ForecastAnalyst RatingReduce1.00 Rating ScoreUpside/Downside5.4% Downside$39.25 Price TargetShort InterestBearish1.55% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment0.87Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth5.63%From $2.13 to $2.25 Per ShareSee 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.1.46 out of 5 starsUtilities Sector78th out of 83 stocksElectric Services Industry38th out of 41 stocks 0.5 Analyst's Opinion Consensus RatingHawaiian Electric Industries has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.25, Hawaiian Electric Industries has a forecasted downside of 5.4% from its current price of $41.48.Amount of Analyst CoverageHawaiian Electric Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.55% 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.Change versus previous monthShort interest in Hawaiian Electric Industries has recently increased by 0.60%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldHawaiian Electric Industries pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHawaiian Electric Industries has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Hawaiian Electric Industries is 64.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hawaiian Electric Industries will have a dividend payout ratio of 62.22% next year. This indicates that Hawaiian Electric Industries will be able to sustain or increase its dividend. 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 3.3 News and Social Media Coverage News SentimentHawaiian Electric Industries has a news sentiment score of 0.87. 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 0.48 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Hawaiian Electric Industries this week, compared to 2 articles on an average week.Search Interest2 people have searched for HE on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hawaiian Electric Industries insiders have not sold or bought any 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Hawaiian Electric Industries are expected to grow by 5.63% in the coming year, from $2.13 to $2.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hawaiian Electric Industries is 19.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Hawaiian Electric Industries is 19.03, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 94.41.Price to Earnings Growth RatioHawaiian Electric Industries has a PEG Ratio of 7.17. 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 1.90. 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 HeadlinesJanuary 23, 2023 | americanbankingnews.comShort Interest in Hawaiian Electric Industries, Inc. (NYSE:HE) Grows By 18.4%January 21, 2023 | forbes.comHawaiian Electric Industries,January 26, 2023 | PressReach (Ad)Stocks News AnnouncementDon't miss this update. Read the press release about Small Pharma.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 OfficerJanuary 26, 2023 | PressReach (Ad)Stocks News AnnouncementDon't miss this update. Read the press release about Small Pharma.December 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 BoardDecember 13, 2022 | bizjournals.comFirst Hawaiian Bank, Central Pacific Bank named 'best' in the state, according to NewsweekDecember 7, 2022 | finance.yahoo.comHEI (HE) Up 6.7% Since Last Earnings Report: Can It Continue?November 10, 2022 | finance.yahoo.comHawaiian Electric Industries Third Quarter 2022 Earnings: Beats ExpectationsNovember 8, 2022 | bizjournals.comHawaiian Electric Industries reports Q3 financial resultsNovember 8, 2022 | finance.yahoo.comHawaiian Electric Industries, Inc.: Hawaiian Electric Managing Costs Well in Inflationary EnvironmentNovember 8, 2022 | seekingalpha.comHawaiian Electric Industries, Inc. (HE) Q3 2022 Earnings Call TranscriptNovember 7, 2022 | nasdaq.comHawaiian Electric Industries Q3 Profit Tops EstimatesNovember 7, 2022 | finance.yahoo.comHawaiian Electric Industries (NYSE:HE) Is Paying Out A Dividend Of $0.35November 7, 2022 | finance.yahoo.comHEI REPORTS THIRD QUARTER 2022 RESULTSOctober 29, 2022 | finance.yahoo.comFollowing a 3.4% decline over last year, recent gains may please Hawaiian Electric Industries, Inc. (NYSE:HE) institutional ownersOctober 29, 2022 | finance.yahoo.comAMERICAN SAVINGS BANK REPORTS THIRD QUARTER 2022 FINANCIAL RESULTSOctober 14, 2022 | finance.yahoo.comHEI TO ANNOUNCE THIRD QUARTER 2022 RESULTS NOVEMBER 7; AMERICAN SAVINGS BANK TO ANNOUNCE THIRD QUARTER RESULTS OCTOBER 28October 10, 2022 | finance.yahoo.comHawaiian Electric Industries, Inc.'s (NYSE:HE) Intrinsic Value Is Potentially 34% Above Its Share PriceSee 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 Earnings11/07/2022Ex-Dividend for 12/9 Dividend11/21/2022Dividend Payable12/09/2022Today1/26/2023Next Earnings (Confirmed)2/14/2023Fiscal 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) 543-5662Fax808-543-7966Employees2,504Year Founded1891Price Target and Rating Average Stock Price Forecast$39.25 High Stock Price Forecast$43.00 Low Stock Price Forecast$36.00 Forecasted Upside/Downside-5.4%Consensus RatingReduce Rating Score (0-4)1.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.18 Trailing P/E Ratio19.03 Forward P/E Ratio19.47 P/E Growth7.17Net Income$248.06 million Net Margins6.88% Pretax Margin8.68% Return on Equity10.57% Return on Assets1.50% Debt Debt-to-Equity Ratio1.12 Current Ratio0.08 Quick Ratio0.08 Sales & Book Value Annual Sales$2.85 billion Price / Sales1.59 Cash Flow$4.82 per share Price / Cash Flow8.61 Book Value$21.87 per share Price / Book1.90Miscellaneous Outstanding Shares109,470,000Free Float108,529,000Market Cap$4.54 billion OptionableOptionable Beta0.39 Social Links Key ExecutivesScott W.H. SeuPresident, Chief Executive Officer & DirectorPaul K. ItoChief Financial Officer & Executive Vice PresidentKurt K. MuraoSecretary, Chief Administrative Officer & EVPChristine Nutaitis OhashiVice President-Internal AuditJulie R. SmolinskiVP-Investor Relations & Corporate SustainabilityKey CompetitorsPNM ResourcesNYSE:PNMPortland General ElectricNYSE:PORIDACORPNYSE:IDAOtter TailNASDAQ:OTTROGE EnergyNYSE:OGEView All CompetitorsInsiders & InstitutionsFifth Third BancorpSold 600 shares on 1/25/2023Ownership: 0.009%Xponance Inc.Bought 1,582 shares on 1/24/2023Ownership: 0.013%Allspring Global Investments Holdings LLCSold 5,357 shares on 1/23/2023Ownership: 1.186%PATRIZIA Pty LtdBought 276,322 shares on 1/20/2023Ownership: 0.252%Veriti Management LLCBought 5,429 shares on 1/20/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions 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 year. There are currently 2 sell ratings for the stock. The consensus among Wall Street equities 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? 2 Wall Street analysts have issued twelve-month target prices for Hawaiian Electric Industries' shares. Their HE share price forecasts range from $36.00 to $43.00. On average, they predict the company's stock price to reach $39.25 in the next year. This suggests that the stock has a possible downside of 5.6%. 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 the year. Since then, HE shares have decreased by 0.6% and is now trading at $41.59. View the best growth stocks for 2023 here. Are investors shorting Hawaiian Electric Industries? Hawaiian Electric Industries saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 1,670,000 shares, an increase of 18.4% from the December 15th total of 1,410,000 shares. Based on an average daily volume of 362,800 shares, the days-to-cover ratio is presently 4.6 days. Currently, 1.5% of the shares of the company 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 Tuesday, February 14th 2023. View our HE earnings forecast. How can I listen to Hawaiian Electric Industries' earnings call? Hawaiian Electric Industries will be holding an earnings conference call on Tuesday, February 14th at 4:15 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "326110". How were Hawaiian Electric Industries' earnings last quarter? Hawaiian Electric Industries, Inc. (NYSE:HE) released its quarterly earnings data on Monday, November, 7th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.03. The utilities provider had revenue of $1.04 billion for the quarter. Hawaiian Electric Industries had a net margin of 6.88% and a trailing twelve-month return on equity of 10.57%. 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, November 3rd. Stockholders of record on Tuesday, November 22nd will be given a dividend of $0.35 per share on Friday, December 9th. This represents a $1.40 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Monday, November 21st. 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 3.38%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 64.22%. 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, November, 8th. The company provided earnings per share (EPS) guidance of $2.08-$2.20 for the period, compared to the consensus estimate of $2.12. 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 variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.19%), PATRIZIA Pty Ltd (0.25%), First Hawaiian Bank (0.04%), Exchange Traded Concepts LLC (0.01%), Xponance Inc. (0.01%) and Fifth Third Bancorp (0.01%). 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 $41.59. How much money does Hawaiian Electric Industries make? Hawaiian Electric Industries (NYSE:HE) has a market capitalization of $4.55 billion and generates $2.85 billion in revenue each year. The utilities provider earns $248.06 million in net income (profit) each year or $2.18 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 1/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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