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Hawaiian Electric Industries (HE) Competitors

Hawaiian Electric Industries logo
$10.58 +0.25 (+2.42%)
As of 05/15/2025 03:59 PM Eastern

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDACORP
8 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hawaiian Electric Industries
8 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

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$1.81B3.41$261.20M$5.6320.31
Hawaiian Electric Industries$3.17B0.58$201.13M-$12.90-0.82

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.

CompanyUnderperformOutperform
IDACORPOutperform Votes
210
49.07%
Underperform Votes
218
50.93%
Hawaiian Electric IndustriesOutperform Votes
363
48.40%
Underperform Votes
387
51.60%

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%

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.
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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$1.82B$14.59B$16.02B$19.52B
Dividend YieldN/A5.06%5.69%3.90%
P/E Ratio-0.8919.4620.3235.32
Price / Sales0.5816.1322.2334.59
Price / Cash3.5610.0718.6817.51
Price / Book0.502.372.084.74
Net Income$201.13M$690.28M$674.16M$1.02B
7 Day Performance0.76%3.17%0.21%2.78%
1 Month Performance1.93%12.17%2.67%10.86%
1 Year Performance-10.30%35.70%5.14%4.75%

Hawaiian Electric Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HE
Hawaiian Electric Industries
3.1385 of 5 stars
$10.58
+2.4%
$12.00
+13.4%
-6.6%$1.82B$3.17B-0.893,760Earnings Report
IDA
IDACORP
4.7486 of 5 stars
$116.49
-0.2%
$123.57
+6.1%
+16.5%$6.29B$1.83B21.262,070Positive News
POR
Portland General Electric
2.9265 of 5 stars
$42.34
+1.4%
$45.40
+7.2%
-5.4%$4.64B$3.44B14.072,870Analyst Forecast
Analyst Revision
ALE
ALLETE
2.6006 of 5 stars
$65.46
0.0%
$67.00
+2.4%
+3.0%$3.79B$1.53B21.111,490Positive News
OTTR
Otter Tail
1.678 of 5 stars
$81.01
0.0%
N/A-14.5%$3.39B$1.33B11.302,420Positive News
MGEE
MGE Energy
3.3186 of 5 stars
$90.88
0.0%
$80.00
-12.0%
+14.0%$3.32B$676.94M27.79700Positive News
UTL
Unitil
3.3262 of 5 stars
$59.23
+0.4%
$55.00
-7.1%
-0.6%$962.25M$494.80M20.22520Positive News
ARRY
Array Technologies
2.5782 of 5 stars
$4.93
-1.8%
$9.43
+91.2%
-31.0%$751.89M$915.81M-5.08470Options Volume
Gap Down
NEE
NextEra Energy
4.9057 of 5 stars
$66.10
-1.5%
$83.46
+26.3%
-3.4%$136.08B$25.27B19.6115,300Positive News
SO
Southern
4.0024 of 5 stars
$91.06
+0.0%
$93.07
+2.2%
+10.1%$100.18B$26.72B22.7127,700Analyst Downgrade
Analyst Revision
Positive News
DUK
Duke Energy
4.552 of 5 stars
$120.70
-0.7%
$123.87
+2.6%
+12.0%$93.79B$30.36B21.1427,900Options Volume
Positive News

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This page (NYSE:HE) was last updated on 5/16/2025 by MarketBeat.com Staff
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