HE vs. IDA, POR, ALE, OTTR, MGEE, 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), Otter Tail (OTTR), MGE Energy (MGEE), 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 superior stock? We will contrast the two companies based on the strength of their valuation, community ranking, analyst recommendations, earnings, institutional ownership, profitability, media sentiment, risk and dividends.
In the previous week, Hawaiian Electric Industries had 10 more articles in the media than IDACORP. MarketBeat recorded 18 mentions for Hawaiian Electric Industries and 8 mentions for IDACORP. IDACORP's average media sentiment score of 1.46 beat Hawaiian Electric Industries' score of 0.94 indicating that IDACORP is being referred to more favorably in the media.
IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.0%. Hawaiian Electric Industries pays an annual dividend of $1.44 per share and has a dividend yield of 13.6%. IDACORP pays out 61.1% of its earnings in the form of a dividend. Hawaiian Electric Industries pays out -11.2% 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.
IDACORP has a beta of 0.59, indicating that its share price is 41% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.64, indicating that its share price is 36% less volatile than the S&P 500.
IDACORP currently has a consensus price target of $123.57, suggesting a potential upside of 8.08%. Hawaiian Electric Industries has a consensus price target of $12.00, suggesting a potential upside of 13.42%. Given Hawaiian Electric Industries' higher possible upside, analysts plainly believe Hawaiian Electric Industries is more favorable than IDACORP.
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.
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 48.40% of users gave Hawaiian Electric Industries an outperform vote.
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.
89.1% of IDACORP shares are held by institutional investors. Comparatively, 59.9% of Hawaiian Electric Industries shares are held by institutional investors. 0.5% of IDACORP shares are held by company insiders. Comparatively, 0.2% of Hawaiian Electric Industries shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
IDACORP beats Hawaiian Electric Industries on 13 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.
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.
Hawaiian Electric Industries Competitors List
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This page (NYSE:HE) was last updated on 5/16/2025 by MarketBeat.com Staff
