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Hawaiian Electric Industries (HE) Competitors

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$10.22 -0.01 (-0.10%)
Closing price 03:59 PM Eastern
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$10.22 -0.01 (-0.05%)
As of 04:05 PM Eastern
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HE vs. IDA, POR, ALE, MGEE, OTTR, UTL, ARRY, NEE, SO, and DUK

Should you be buying Hawaiian Electric Industries stock or one of its competitors? The main competitors of Hawaiian Electric Industries include IDACORP (IDA), Portland General Electric (POR), ALLETE (ALE), MGE Energy (MGEE), Otter Tail (OTTR), Unitil (UTL), Array Technologies (ARRY), NextEra Energy (NEE), Southern (SO), and Duke Energy (DUK). These companies are all part of the "electric utilities" industry.

Hawaiian Electric Industries vs.

IDACORP (NYSE:IDA) and Hawaiian Electric Industries (NYSE:HE) are both utilities companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, analyst recommendations, institutional ownership, media sentiment, valuation, earnings, community ranking and profitability.

IDACORP has a net margin of 15.83% compared to Hawaiian Electric Industries' net margin of -35.38%. Hawaiian Electric Industries' return on equity of 11.12% beat IDACORP's return on equity.

Company Net Margins Return on Equity Return on Assets
IDACORP15.83% 9.23% 3.32%
Hawaiian Electric Industries -35.38%11.12%1.19%

In the previous week, IDACORP had 11 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 26 mentions for IDACORP and 15 mentions for Hawaiian Electric Industries. Hawaiian Electric Industries' average media sentiment score of 1.37 beat IDACORP's score of 1.13 indicating that Hawaiian Electric Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDACORP
15 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Hawaiian Electric Industries
12 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

IDACORP has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500.

IDACORP currently has a consensus price target of $123.57, indicating a potential upside of 5.24%. Hawaiian Electric Industries has a consensus price target of $12.00, indicating a potential upside of 17.59%. Given Hawaiian Electric Industries' higher probable upside, analysts plainly believe Hawaiian Electric Industries is more favorable than IDACORP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDACORP
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Hawaiian Electric Industries
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

IDACORP has higher earnings, but lower revenue than Hawaiian Electric Industries. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than IDACORP, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDACORP$1.83B3.47$261.20M$5.4821.43
Hawaiian Electric Industries$3.22B0.55$201.13M-$12.67-0.81

89.1% of IDACORP shares are owned by institutional investors. Comparatively, 59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 0.5% of IDACORP shares are owned by company insiders. Comparatively, 0.2% of Hawaiian Electric Industries shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 2.9%. Hawaiian Electric Industries pays an annual dividend of $1.44 per share and has a dividend yield of 14.1%. IDACORP pays out 62.8% of its earnings in the form of a dividend. Hawaiian Electric Industries pays out -11.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. IDACORP has increased its dividend for 13 consecutive years. Hawaiian Electric Industries is clearly the better dividend stock, given its higher yield and lower payout ratio.

Hawaiian Electric Industries received 153 more outperform votes than IDACORP when rated by MarketBeat users. However, 49.07% of users gave IDACORP an outperform vote while only 48.46% of users gave Hawaiian Electric Industries an outperform vote.

CompanyUnderperformOutperform
IDACORPOutperform Votes
210
49.07%
Underperform Votes
218
50.93%
Hawaiian Electric IndustriesOutperform Votes
363
48.46%
Underperform Votes
386
51.54%

Summary

IDACORP beats Hawaiian Electric Industries on 14 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HE vs. The Competition

MetricHawaiian Electric IndustriesElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$1.76B$14.30B$15.96B$19.21B
Dividend YieldN/A4.77%5.66%4.00%
P/E Ratio-0.8619.2115.7433.44
Price / Sales0.5516.8422.1929.13
Price / Cash3.5610.0718.5317.52
Price / Book0.482.232.044.55
Net Income$201.13M$690.28M$667.57M$1.02B
7 Day Performance1.34%2.09%0.53%2.15%
1 Month Performance-6.55%3.40%1.27%-2.08%
1 Year Performance0.69%21.62%9.85%5.45%

Hawaiian Electric Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HE
Hawaiian Electric Industries
2.8191 of 5 stars
$10.21
-0.2%
$12.00
+17.6%
+0.0%$1.76B$3.22B-0.863,760Upcoming Earnings
Short Interest ↓
News Coverage
Positive News
IDA
IDACORP
4.385 of 5 stars
$116.19
-2.6%
$120.50
+3.7%
+21.0%$6.28B$1.83B21.202,070Earnings Report
Analyst Downgrade
News Coverage
Positive News
POR
Portland General Electric
2.7438 of 5 stars
$42.36
-1.7%
$45.78
+8.1%
-5.4%$4.64B$3.44B14.072,870Earnings Report
Analyst Forecast
ALE
ALLETE
3.6007 of 5 stars
$64.70
-0.1%
$67.00
+3.6%
+8.2%$3.75B$1.53B20.871,490Upcoming Earnings
Dividend Announcement
News Coverage
Positive News
MGEE
MGE Energy
3.5199 of 5 stars
$89.54
-1.1%
$80.00
-10.7%
+14.4%$3.27B$676.94M27.38700Upcoming Earnings
News Coverage
Positive News
OTTR
Otter Tail
1.7134 of 5 stars
$77.64
-1.7%
N/A-8.5%$3.25B$1.33B10.832,420Upcoming Earnings
UTL
Unitil
2.9201 of 5 stars
$58.38
-0.6%
$55.00
-5.8%
+11.7%$948.44M$494.80M19.92520Upcoming Earnings
Dividend Announcement
ARRY
Array Technologies
3.3433 of 5 stars
$4.16
-3.9%
$9.48
+127.8%
-58.7%$634.45M$915.81M-4.29470Upcoming Earnings
Analyst Forecast
NEE
NextEra Energy
4.7729 of 5 stars
$64.38
-2.9%
$85.15
+32.3%
-3.8%$132.53B$24.75B19.1015,300Analyst Forecast
Positive News
SO
Southern
3.8731 of 5 stars
$90.09
-1.9%
$92.00
+2.1%
+22.7%$99.12B$26.72B22.4727,700Earnings Report
Analyst Forecast
News Coverage
Positive News
DUK
Duke Energy
4.3805 of 5 stars
$119.83
-1.6%
$123.87
+3.4%
+21.6%$93.11B$30.36B20.9927,900Upcoming Earnings
Dividend Announcement
Positive News

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This page (NYSE:HE) was last updated on 5/2/2025 by MarketBeat.com Staff
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