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

Hawaiian Electric Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "HE."

Hawaiian Electric Industries announced a quarterly dividend on Friday, February 14th. Investors of record on Wednesday, February 26th will be given a dividend of $0.33 per share on Tuesday, March 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date of this dividend is Tuesday, February 25th. This is a boost from Hawaiian Electric Industries's previous quarterly dividend of $0.32. View Hawaiian Electric Industries' Dividend History.

Hawaiian Electric Industries, Inc. (NYSE:HE) issued its quarterly earnings results on Thursday, February, 13th. The utilities provider reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.10. The utilities provider had revenue of $725.97 million for the quarter, compared to analyst estimates of $758.90 million. Hawaiian Electric Industries had a return on equity of 9.94% and a net margin of 7.65%. Hawaiian Electric Industries's revenue for the quarter was down 4.7% on a year-over-year basis. During the same period last year, the firm earned $0.45 earnings per share. View Hawaiian Electric Industries' Earnings History.

Hawaiian Electric Industries is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Hawaiian Electric Industries.

Hawaiian Electric Industries updated its FY20 earnings guidance on Friday, February, 14th. The company provided earnings per share (EPS) guidance of $1.90-2.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.01.

4 Wall Street analysts have issued 12-month price targets for Hawaiian Electric Industries' stock. Their forecasts range from $37.00 to $44.00. On average, they anticipate Hawaiian Electric Industries' stock price to reach $40.50 in the next twelve months. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for Hawaiian Electric Industries.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hawaiian Electric Industries in the last year. There are currently 3 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Hawaiian Electric Industries.

News headlines about HE stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hawaiian Electric Industries earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Hawaiian Electric Industries.

Hawaiian Electric Industries saw a drop in short interest in February. As of February 14th, there was short interest totalling 3,660,000 shares, a drop of 8.5% from the January 30th total of 4,000,000 shares. Based on an average daily trading volume, of 366,900 shares, the days-to-cover ratio is presently 10.0 days. Currently, 3.4% of the shares of the stock are short sold. View Hawaiian Electric Industries' Current Options Chain.

Some companies that are related to Hawaiian Electric Industries include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), Edison International (EIX), PPL (PPL), FirstEnergy (FE), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Portland General Electric (POR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hawaiian Electric Industries investors own include AT&T (T), Verizon Communications (VZ), Bank of America (BAC), Costco Wholesale (COST), Omega Healthcare Investors (OHI), Exxon Mobil (XOM), Altria Group (MO), Occidental Petroleum (OXY), Walmart (WMT) and Booking (BKNG).

Hawaiian Electric Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.06%), ValueAct Holdings L.P. (1.87%), Acadian Asset Management LLC (1.67%), Bank of New York Mellon Corp (1.41%), First Trust Advisors LP (1.22%) and Geode Capital Management LLC (1.14%). Company insiders that own Hawaiian Electric Industries stock include James K Scott, Jeffrey N Watanabe, Micah A Kane and Thomas B Fargo. View Institutional Ownership Trends for Hawaiian Electric Industries.

HE stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Prudential Financial Inc., Renaissance Technologies LLC, Robeco Institutional Asset Management B.V., PNC Financial Services Group Inc., Great West Life Assurance Co. Can, State of Tennessee Treasury Department and Bank of New York Mellon Corp. Company insiders that have sold Hawaiian Electric Industries company stock in the last year include James K Scott, Jeffrey N Watanabe and Micah A Kane. View Insider Buying and Selling for Hawaiian Electric Industries.

HE stock was purchased by a variety of institutional investors in the last quarter, including ValueAct Holdings L.P., State Street Corp, First Trust Advisors LP, Russell Investments Group Ltd., UBS Group AG, Barclays PLC, Goldman Sachs Group Inc. and Vident Investment Advisory LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of HE stock can currently be purchased for approximately $45.07.

Hawaiian Electric Industries has a market capitalization of $4.91 billion and generates $2.87 billion in revenue each year. The utilities provider earns $219.77 million in net income (profit) each year or $1.99 on an earnings per share basis. Hawaiian Electric Industries employs 3,898 workers across the globe.View Additional Information About Hawaiian Electric Industries.

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

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]