NYSE:HE - Hawaiian Electric Industries Stock Price, News, & Analysis

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$42.01 +0.12 (+0.29 %)
(As of 05/27/2019 04:36 AM ET)
Previous Close$42.01
Today's Range$41.95 - $42.16
52-Week Range$32.59 - $42.59
Volume325,363 shs
Average Volume352,673 shs
Market Capitalization$4.58 billion
P/E Ratio22.71
Dividend Yield3.06%
Beta0.26
Hawaiian Electric Industries, Inc., through its subsidiaries, engages in the electric utility and banking businesses primarily in the state of Hawaii. The company's Electric Utility segment is involved in generating, purchasing, transmitting, distributing, and selling electric energy. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other bio fuels. This segment distributes and sells electricity on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai; and serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. Its Bank segment operates a savings bank that offers banking and other financial services, including deposit products, such as savings accounts and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans to consumers and business. This segment operates 49 branches, including 34 branches in Oahu, 6 branches in Maui, 5 branches in Hawaii, 3 branches in Kauai, and 1 branch in Molokai. The company's Other segment focuses on investing in non-regulated renewable energy and infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
CUSIP41987010
Phone808-543-5662

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.86 billion
Cash Flow$4.2094 per share
Book Value$20.04 per share

Profitability

Net Income$203.66 million

Miscellaneous

Employees3,898
Market Cap$4.58 billion
Next Earnings Date8/2/2019 (Estimated)
OptionableOptionable

Hawaiian Electric Industries (NYSE:HE) Frequently Asked Questions

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, May 8th. Shareholders of record on Thursday, May 23rd will be paid a dividend of $0.32 per share on Wednesday, June 12th. This represents a $1.28 annualized dividend and a yield of 3.05%. The ex-dividend date is Wednesday, May 22nd. View Hawaiian Electric Industries' Dividend History.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) released its quarterly earnings results on Tuesday, May, 7th. The utilities provider reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.04. The utilities provider had revenue of $661.62 million for the quarter, compared to analysts' expectations of $563.95 million. Hawaiian Electric Industries had a return on equity of 9.75% and a net margin of 7.27%. The company's revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share. View Hawaiian Electric Industries' Earnings History.

When is Hawaiian Electric Industries' next earnings date?

Hawaiian Electric Industries is scheduled to release their next quarterly earnings announcement on Friday, August 2nd 2019. View Earnings Estimates for Hawaiian Electric Industries.

What price target have analysts set for HE?

2 brokers have issued 12-month price targets for Hawaiian Electric Industries' shares. Their predictions range from $34.00 to $37.00. On average, they expect Hawaiian Electric Industries' share price to reach $35.50 in the next year. This suggests that the stock has a possible downside of 15.5%. View Analyst Price Targets for Hawaiian Electric Industries.

What is the consensus analysts' recommendation for Hawaiian Electric Industries?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hawaiian Electric Industries.

Has Hawaiian Electric Industries been receiving favorable news coverage?

Headlines about HE stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hawaiian Electric Industries earned a coverage optimism score of 3.1 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Hawaiian Electric Industries' key competitors?

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), Omega Healthcare Investors (OHI), Bank of America (BAC), Costco Wholesale (COST), Verizon Communications (VZ), Walmart (WMT), Markel (MKL), Altria Group (MO), Booking (BKNG) and Caterpillar (CAT).

Who are Hawaiian Electric Industries' key executives?

Hawaiian Electric Industries' management team includes the folowing people:
  • Ms. Constance Hee Lau, Pres, CEO & Director (Age 66)
  • Mr. Gregory C. Hazelton, CFO, Exec. VP & Treasurer (Age 55)
  • Mr. Richard F. Wacker, Pres, CEO & Director of American Savings Bank FSB (Age 57)
  • Mr. Alan M. Oshima, Pres, CEO & Director of Hawaiian Electric Company Inc. (Age 71)
  • Kurt K. Murao, VP of Legal & Admin. and Corp. Sec.

Who are Hawaiian Electric Industries' major shareholders?

Hawaiian Electric Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.31%), Wells Fargo & Company MN (2.42%), Acadian Asset Management LLC (1.32%), ValueAct Holdings L.P. (1.31%), Dimensional Fund Advisors LP (1.23%) and Robeco Institutional Asset Management B.V. (1.19%). Company insiders that own Hawaiian Electric Industries stock include James K Scott, Jeffrey N Watanabe and Thomas B Fargo. View Institutional Ownership Trends for Hawaiian Electric Industries.

Which institutional investors are selling Hawaiian Electric Industries stock?

HE stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Wells Fargo & Company MN, Renaissance Technologies LLC, Deprince Race & Zollo Inc., Great Lakes Advisors LLC, ValueAct Holdings L.P., Gateway Investment Advisers LLC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Hawaiian Electric Industries.

Which institutional investors are buying Hawaiian Electric Industries stock?

HE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Man Group plc, Nordea Investment Management AB, Northern Trust Corp, State of New Jersey Common Pension Fund D, Geode Capital Management LLC and Acadian Asset Management LLC. View Insider Buying and Selling for Hawaiian Electric Industries.

How do I buy shares of Hawaiian Electric Industries?

Shares of HE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hawaiian Electric Industries' stock price today?

One share of HE stock can currently be purchased for approximately $42.01.

How big of a company is Hawaiian Electric Industries?

Hawaiian Electric Industries has a market capitalization of $4.58 billion and generates $2.86 billion in revenue each year. The utilities provider earns $203.66 million in net income (profit) each year or $1.85 on an earnings per share basis. Hawaiian Electric Industries employs 3,898 workers across the globe.

What is Hawaiian Electric Industries' official website?

The official website for Hawaiian Electric Industries is http://www.hei.com/.

How can I contact Hawaiian Electric Industries?

Hawaiian Electric Industries' mailing address is 1001 Bishop Street Suite 2900, Honolulu HI, 96808. The utilities provider can be reached via phone at 808-543-5662 or via email at [email protected]


MarketBeat Community Rating for Hawaiian Electric Industries (NYSE HE)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  471 (Vote Underperform)
Total Votes:  773
MarketBeat's community ratings are surveys of what our community members think about Hawaiian Electric Industries and other stocks. Vote "Outperform" if you believe HE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/27/2019 by MarketBeat.com Staff

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