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Hawaiian Electric Industries (HE) Competitors

Hawaiian Electric Industries logo
$12.72 -0.21 (-1.59%)
Closing price 08/3/2026 03:59 PM Eastern
Extended Trading
$12.62 -0.10 (-0.75%)
As of 04:01 AM Eastern
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HE vs. IDA, POR, OTTR, MGEE, and UTL

Should you buy Hawaiian Electric Industries stock or one of its competitors? MarketBeat compares Hawaiian Electric Industries with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Hawaiian Electric Industries include IDACORP (IDA), Portland General Electric (POR), Otter Tail (OTTR), MGE Energy (MGEE), and Unitil (UTL). These companies are all part of the "electric utilities" industry.

How does Hawaiian Electric Industries compare to IDACORP?

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

IDACORP has a net margin of 18.78% compared to Hawaiian Electric Industries' net margin of 4.19%. IDACORP's return on equity of 9.34% beat Hawaiian Electric Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Hawaiian Electric Industries4.19% 9.03% 1.64%
IDACORP 18.78%9.34%3.24%

IDACORP has lower revenue, but higher earnings 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
Hawaiian Electric Industries$3.09B0.71$126.28M$0.7417.18
IDACORP$1.80B4.42$323.47M$6.0423.83

In the previous week, IDACORP had 16 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 22 mentions for IDACORP and 6 mentions for Hawaiian Electric Industries. Hawaiian Electric Industries' average media sentiment score of 0.98 beat IDACORP's score of 0.75 indicating that Hawaiian Electric Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hawaiian Electric Industries
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IDACORP
8 Very Positive mention(s)
0 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

59.9% of Hawaiian Electric Industries shares are owned by institutional investors. Comparatively, 89.1% of IDACORP shares are owned by institutional investors. 0.2% of Hawaiian Electric Industries shares are owned by company insiders. Comparatively, 0.3% of IDACORP shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Hawaiian Electric Industries has a beta of 0.5, suggesting that its share price is 50% less volatile than the broader market. Comparatively, IDACORP has a beta of 0.48, suggesting that its share price is 52% less volatile than the broader market.

Hawaiian Electric Industries currently has a consensus target price of $12.38, indicating a potential downside of 2.67%. IDACORP has a consensus target price of $154.57, indicating a potential upside of 7.41%. Given IDACORP's stronger consensus rating and higher probable upside, analysts plainly believe IDACORP is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
IDACORP
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75

Summary

IDACORP beats Hawaiian Electric Industries on 13 of the 16 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to Portland General Electric?

Portland General Electric (NYSE:POR) and Hawaiian Electric Industries (NYSE:HE) are both mid-cap utilities companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends, media sentiment and earnings.

59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 0.5% of Portland General Electric shares are owned by insiders. Comparatively, 0.2% of Hawaiian Electric Industries shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

In the previous week, Portland General Electric had 15 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 21 mentions for Portland General Electric and 6 mentions for Hawaiian Electric Industries. Hawaiian Electric Industries' average media sentiment score of 0.98 beat Portland General Electric's score of 0.59 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
Portland General Electric
6 Very Positive mention(s)
1 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hawaiian Electric Industries
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Portland General Electric currently has a consensus target price of $50.90, indicating a potential upside of 1.39%. Hawaiian Electric Industries has a consensus target price of $12.38, indicating a potential downside of 2.67%. Given Portland General Electric's stronger consensus rating and higher probable upside, equities research analysts plainly believe Portland General Electric is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Portland General Electric
2 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.90
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Portland General Electric$3.58B1.62$306M$2.2722.11
Hawaiian Electric Industries$3.09B0.71$126.28M$0.7417.18

Portland General Electric has a beta of 0.52, suggesting that its stock price is 48% less volatile than the broader market. Comparatively, Hawaiian Electric Industries has a beta of 0.5, suggesting that its stock price is 50% less volatile than the broader market.

Portland General Electric has a net margin of 7.27% compared to Hawaiian Electric Industries' net margin of 4.19%. Hawaiian Electric Industries' return on equity of 9.03% beat Portland General Electric's return on equity.

Company Net Margins Return on Equity Return on Assets
Portland General Electric7.27% 7.47% 2.30%
Hawaiian Electric Industries 4.19%9.03%1.64%

Summary

Portland General Electric beats Hawaiian Electric Industries on 13 of the 16 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to Otter Tail?

Otter Tail (NASDAQ:OTTR) and Hawaiian Electric Industries (NYSE:HE) are both mid-cap utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, earnings, analyst recommendations, media sentiment, dividends and profitability.

In the previous week, Otter Tail had 6 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 12 mentions for Otter Tail and 6 mentions for Hawaiian Electric Industries. Hawaiian Electric Industries' average media sentiment score of 0.98 beat Otter Tail's score of 0.60 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
Otter Tail
2 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hawaiian Electric Industries
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Otter Tail has a beta of 0.45, meaning that its stock price is 55% less volatile than the broader market. Comparatively, Hawaiian Electric Industries has a beta of 0.5, meaning that its stock price is 50% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Otter Tail$1.31B2.88$275.89M$6.6713.52
Hawaiian Electric Industries$3.09B0.71$126.28M$0.7417.18

61.3% of Otter Tail shares are held by institutional investors. Comparatively, 59.9% of Hawaiian Electric Industries shares are held by institutional investors. 2.0% of Otter Tail shares are held by insiders. Comparatively, 0.2% of Hawaiian Electric Industries shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Otter Tail has a net margin of 21.34% compared to Hawaiian Electric Industries' net margin of 4.19%. Otter Tail's return on equity of 15.21% beat Hawaiian Electric Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Otter Tail21.34% 15.21% 7.13%
Hawaiian Electric Industries 4.19%9.03%1.64%

Otter Tail presently has a consensus target price of $86.00, suggesting a potential downside of 4.61%. Hawaiian Electric Industries has a consensus target price of $12.38, suggesting a potential downside of 2.67%. Given Hawaiian Electric Industries' higher probable upside, analysts plainly believe Hawaiian Electric Industries is more favorable than Otter Tail.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Otter Tail
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Summary

Otter Tail beats Hawaiian Electric Industries on 11 of the 16 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to MGE Energy?

Hawaiian Electric Industries (NYSE:HE) and MGE Energy (NASDAQ:MGEE) are both mid-cap utilities companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, media sentiment, risk, dividends, profitability and institutional ownership.

Hawaiian Electric Industries has a beta of 0.5, suggesting that its share price is 50% less volatile than the broader market. Comparatively, MGE Energy has a beta of 0.71, suggesting that its share price is 29% less volatile than the broader market.

59.9% of Hawaiian Electric Industries shares are held by institutional investors. Comparatively, 52.6% of MGE Energy shares are held by institutional investors. 0.2% of Hawaiian Electric Industries shares are held by insiders. Comparatively, 0.4% of MGE Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

MGE Energy has a net margin of 18.61% compared to Hawaiian Electric Industries' net margin of 4.19%. MGE Energy's return on equity of 10.94% beat Hawaiian Electric Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Hawaiian Electric Industries4.19% 9.03% 1.64%
MGE Energy 18.61%10.94%4.68%

Hawaiian Electric Industries currently has a consensus price target of $12.38, indicating a potential downside of 2.67%. MGE Energy has a consensus price target of $78.50, indicating a potential downside of 1.88%. Given MGE Energy's stronger consensus rating and higher probable upside, analysts clearly believe MGE Energy is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
MGE Energy
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hawaiian Electric Industries$3.09B0.71$126.28M$0.7417.18
MGE Energy$767.39M3.83$135.89M$3.9020.51

In the previous week, Hawaiian Electric Industries had 3 more articles in the media than MGE Energy. MarketBeat recorded 6 mentions for Hawaiian Electric Industries and 3 mentions for MGE Energy. Hawaiian Electric Industries' average media sentiment score of 0.98 beat MGE Energy's score of 0.90 indicating that Hawaiian Electric Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hawaiian Electric Industries
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
MGE Energy
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

MGE Energy beats Hawaiian Electric Industries on 12 of the 16 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to Unitil?

Hawaiian Electric Industries (NYSE:HE) and Unitil (NYSE:UTL) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, profitability, analyst recommendations, risk, dividends, earnings and valuation.

Unitil has a net margin of 9.60% compared to Hawaiian Electric Industries' net margin of 4.19%. Unitil's return on equity of 9.89% beat Hawaiian Electric Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Hawaiian Electric Industries4.19% 9.03% 1.64%
Unitil 9.60%9.89%2.89%

In the previous week, Unitil had 4 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 10 mentions for Unitil and 6 mentions for Hawaiian Electric Industries. Hawaiian Electric Industries' average media sentiment score of 0.98 beat Unitil's score of 0.63 indicating that Hawaiian Electric Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hawaiian Electric Industries
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Unitil
2 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hawaiian Electric Industries currently has a consensus price target of $12.38, suggesting a potential downside of 2.67%. Unitil has a consensus price target of $56.50, suggesting a potential upside of 5.34%. Given Unitil's stronger consensus rating and higher possible upside, analysts plainly believe Unitil is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Unitil
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

59.9% of Hawaiian Electric Industries shares are owned by institutional investors. Comparatively, 76.8% of Unitil shares are owned by institutional investors. 0.2% of Hawaiian Electric Industries shares are owned by insiders. Comparatively, 2.2% of Unitil shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hawaiian Electric Industries$3.09B0.71$126.28M$0.7417.18
Unitil$536M1.80$50.20M$3.1616.97

Hawaiian Electric Industries has a beta of 0.5, meaning that its share price is 50% less volatile than the broader market. Comparatively, Unitil has a beta of 0.31, meaning that its share price is 69% less volatile than the broader market.

Summary

Unitil beats Hawaiian Electric Industries on 10 of the 15 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 HE 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 Utilities IndustryUtilities SectorNYSE Exchange
Market Cap$2.23B$29.14B$16.25B$23.73B
Dividend YieldN/A4.09%4.00%4.21%
P/E Ratio17.1816.8822.5431.49
Price / Sales0.71563.32393.5114.39
Price / Cash4.9428.1718.7818.72
Price / Book1.371.742.264.83
Net Income$126.28M$1.60B$701.59M$1.07B
7 Day Performance-3.60%-0.76%-0.63%0.34%
1 Month Performance-6.61%-1.67%-0.64%0.59%
1 Year Performance16.54%45.94%17.99%18.76%

Hawaiian Electric Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HE
Hawaiian Electric Industries
1.5173 of 5 stars
$12.72
-1.6%
$12.38
-2.7%
+18.5%$2.23B$3.09B17.182,675
IDA
IDACORP
4.3937 of 5 stars
$148.80
-0.4%
$155.14
+4.3%
+15.8%$8.23B$1.78B24.762,185
POR
Portland General Electric
2.1291 of 5 stars
$52.03
-0.7%
$50.90
-2.2%
+21.2%$6.02B$3.58B23.232,877
OTTR
Otter Tail
2.2256 of 5 stars
$92.34
+0.1%
$86.00
-6.9%
+19.8%$3.88B$1.30B13.842,198
MGEE
MGE Energy
3.6582 of 5 stars
$82.42
+0.0%
$78.50
-4.8%
-4.7%$3.03B$767.39M21.13700

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This page (NYSE:HE) was last updated on 8/4/2026 by MarketBeat.com Staff.
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