Free Trial
→ 9 days. (From Behind the Markets) (Ad)tc pixel Free HE Stock Alerts

Hawaiian Electric Industries (HE) Competitors

Hawaiian Electric Industries logo
$13.42 +0.05 (+0.34%)
Closing price 03:59 PM Eastern
Extended Trading
$13.44 +0.01 (+0.07%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare

HE vs. IDA, POR, OTTR, MGEE, and ARRY

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 Array Technologies (ARRY). 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 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.

IDACORP has a net margin of 18.60% compared to Hawaiian Electric Industries' net margin of 4.19%. IDACORP's return on equity of 9.40% 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 18.60%9.40%3.25%

In the previous week, IDACORP had 5 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 7 mentions for IDACORP and 2 mentions for Hawaiian Electric Industries. IDACORP's average media sentiment score of 0.21 beat Hawaiian Electric Industries' score of 0.00 indicating that IDACORP is being referred to more favorably in the news media.

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

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$3.09B0.75$126.28M$0.7418.14
IDACORP$1.81B4.24$323.47M$6.0123.08

Hawaiian Electric Industries currently has a consensus price target of $13.25, suggesting a potential downside of 1.30%. IDACORP has a consensus price target of $148.57, suggesting a potential upside of 7.12%. Given IDACORP's stronger consensus rating and higher possible 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
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

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 insiders. Comparatively, 0.3% of IDACORP 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 a beta of 0.5, meaning that its share price is 50% less volatile than the broader market. Comparatively, IDACORP has a beta of 0.49, meaning that its share price is 51% less volatile than the broader market.

Summary

IDACORP beats Hawaiian Electric Industries on 14 of the 16 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to Portland General Electric?

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

Hawaiian Electric Industries currently has a consensus target price of $13.25, suggesting a potential downside of 1.30%. Portland General Electric has a consensus target price of $51.00, suggesting a potential upside of 2.66%. Given Portland General Electric's stronger consensus rating and higher probable upside, analysts clearly believe Portland General Electric 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
Portland General Electric
1 Sell rating(s)
8 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

59.9% of Hawaiian Electric Industries shares are held by institutional investors. 0.2% of Hawaiian Electric Industries shares are held by insiders. Comparatively, 0.5% of Portland General Electric shares are held 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.

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
Hawaiian Electric Industries$3.09B0.75$126.28M$0.7418.14
Portland General Electric$3.58B1.61$306M$2.2422.18

Portland General Electric has a net margin of 7.12% 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
Hawaiian Electric Industries4.19% 9.03% 1.64%
Portland General Electric 7.12%7.57%2.33%

In the previous week, Portland General Electric had 2 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 4 mentions for Portland General Electric and 2 mentions for Hawaiian Electric Industries. Portland General Electric's average media sentiment score of 1.15 beat Hawaiian Electric Industries' score of 0.00 indicating that Portland General Electric is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hawaiian Electric Industries
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Portland General Electric
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Summary

Portland General Electric beats Hawaiian Electric Industries on 14 of the 16 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to Otter Tail?

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

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

Hawaiian Electric Industries currently has a consensus target price of $13.25, suggesting a potential downside of 1.30%. Otter Tail has a consensus target price of $86.00, suggesting a potential downside of 0.66%. Given Otter Tail's stronger consensus rating and higher possible upside, analysts plainly believe Otter Tail 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
Otter Tail
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

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
Hawaiian Electric Industries4.19% 9.03% 1.64%
Otter Tail 21.34%15.21%7.13%

In the previous week, Hawaiian Electric Industries and Hawaiian Electric Industries both had 2 articles in the media. Hawaiian Electric Industries' average media sentiment score of 0.00 beat Otter Tail's score of -0.04 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
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Otter Tail
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Otter Tail has lower revenue, but higher earnings 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
Hawaiian Electric Industries$3.09B0.75$126.28M$0.7418.14
Otter Tail$1.30B2.79$275.89M$6.6712.98

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

Summary

Otter Tail beats Hawaiian Electric Industries on 11 of the 15 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to MGE Energy?

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

MGE Energy has higher earnings, but lower revenue 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
MGE Energy$743.65M3.65$135.89M$3.9018.92
Hawaiian Electric Industries$3.09B0.75$126.28M$0.7418.14

In the previous week, Hawaiian Electric Industries had 1 more articles in the media than MGE Energy. MarketBeat recorded 2 mentions for Hawaiian Electric Industries and 1 mentions for MGE Energy. MGE Energy's average media sentiment score of 1.27 beat Hawaiian Electric Industries' score of 0.00 indicating that MGE Energy is being referred to more favorably in the media.

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

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
MGE Energy18.61% 10.94% 4.68%
Hawaiian Electric Industries 4.19%9.03%1.64%

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

MGE Energy has a beta of 0.73, meaning that its stock price is 27% 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.

MGE Energy presently has a consensus target price of $76.50, indicating a potential upside of 3.66%. Hawaiian Electric Industries has a consensus target price of $13.25, indicating a potential downside of 1.30%. Given MGE Energy's stronger consensus rating and higher probable upside, equities analysts clearly believe MGE Energy is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MGE Energy
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Summary

MGE Energy beats Hawaiian Electric Industries on 12 of the 15 factors compared between the two stocks.

How does Hawaiian Electric Industries compare to Array Technologies?

Array Technologies (NASDAQ:ARRY) and Hawaiian Electric Industries (NYSE:HE) are both electric utilities companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, valuation, media sentiment, analyst recommendations, profitability, institutional ownership and risk.

In the previous week, Hawaiian Electric Industries had 1 more articles in the media than Array Technologies. MarketBeat recorded 2 mentions for Hawaiian Electric Industries and 1 mentions for Array Technologies. Array Technologies' average media sentiment score of 0.94 beat Hawaiian Electric Industries' score of 0.00 indicating that Array Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hawaiian Electric Industries
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Hawaiian Electric Industries has a net margin of 4.19% compared to Array Technologies' net margin of -5.56%. Hawaiian Electric Industries' return on equity of 9.03% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-5.56% -103.11% 9.13%
Hawaiian Electric Industries 4.19%9.03%1.64%

Array Technologies presently has a consensus price target of $10.42, suggesting a potential upside of 14.63%. Hawaiian Electric Industries has a consensus price target of $13.25, suggesting a potential downside of 1.30%. Given Array Technologies' stronger consensus rating and higher possible upside, research analysts clearly believe Array Technologies is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 0.6% of Array Technologies 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, endowments and large money managers believe a stock is poised for long-term growth.

Hawaiian Electric Industries has higher revenue and earnings than Array Technologies. Array Technologies 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
Array Technologies$1.28B1.09-$52.24M-$0.84N/A
Hawaiian Electric Industries$3.09B0.75$126.28M$0.7418.14

Array Technologies has a beta of 1.78, suggesting that its stock price is 78% more 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.

Summary

Array Technologies and Hawaiian Electric Industries tied by winning 8 of the 16 factors compared between the two stocks.

Get Hawaiian Electric Industries News Delivered to You Automatically

Sign up to receive the latest news and ratings for HE and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

HE vs. The Competition

Export
MetricHawaiian Electric IndustriesUTIL IndustryUtilities SectorNYSE Exchange
Market Cap$2.32B$28.43B$18.72B$23.34B
Dividend YieldN/A3.46%3.94%4.06%
P/E Ratio18.1422.3820.3031.17
Price / Sales0.754.9947.7924.03
Price / Cash5.199.3119.4024.93
Price / Book1.443.252.534.71
Net Income$126.28M$1.56B$787.85M$1.07B
7 Day Performance-0.80%-1.48%-0.56%-0.28%
1 Month PerformanceN/AN/AN/A2.25%
1 Year Performance31.36%21.13%18.33%26.34%

Hawaiian Electric Industries Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HE
Hawaiian Electric Industries
0.7144 of 5 stars		$13.43
+0.3%		$13.25
-1.3%		+24.2%$2.32B$3.09B18.142,675
IDA
IDACORP
3.5923 of 5 stars		$140.17
-0.3%		$148.57
+6.0%		+17.1%$7.77B$1.78B23.322,185
POR
Portland General Electric
2.2656 of 5 stars		$50.05
-1.2%		$51.00
+1.9%		+16.2%$5.80B$3.53B22.342,877
OTTR
Otter Tail
1.7601 of 5 stars		$86.66
-0.7%		$86.00
-0.8%		+10.6%$3.64B$1.31B12.992,198
MGEE
MGE Energy
3.4248 of 5 stars		$75.50
-0.1%		$76.50
+1.3%		-18.7%$2.78B$767.39M19.36700

Related Companies and Tools

Related Companies
Top 10 Stock Comparisons

This page (NYSE:HE) was last updated on 6/4/2026 by MarketBeat.com Staff.
From Our Partners
How to claim a stake in SpaceX before the June 12 IPO
SpaceX is expected to go public on June 12 - and for the first time, everyday investors may have a way in befo...
Brownstone Research | Sponsoredtc pixel
Trump’s secret China deal
Trump just returned from Beijing with the most powerful business delegation in American history - Elon Musk, J...
Porter & Company | Sponsoredtc pixel
Massive Data Leak Exposes 512,000-Line Code That Could Change Society Forever
"You won't believe what I discovered at 4 World Trade Center" When our financial media correspondent travel...
Chaikin Analytics | Sponsoredtc pixel
Giving “2022 pre-ChatGPT” vibes (but 10x bigger)
When ChatGPT launched in 2022, Nvidia surged 1,800% over three years. Now, Nvidia's CEO suggests July 22nd cou...
StocksToTrade | Sponsoredtc pixel
The chokepoint supplier behind SpaceX's $1.75 trillion empire
When Musk laughed and said 'you need transformers to run transformers,' it wasn't a joke - it was a confession...
Behind the Markets | Sponsoredtc pixel
Your $29.97 book is free today
Why Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options ca...
Profits Run | Sponsoredtc pixel
Do NOT Buy SpaceX – Do This Instead
SpaceX is set to go public as soon as June 11, with OpenAI and Anthropic likely to follow. Whitney Tilson - Ha...
Stansberry Research | Sponsoredtc pixel
Rickards Predicts: Trump to buy tiny $2 stock?
Jim Rickards believes the Trump administration is about to take a direct stake in a $2 stock sitting on the la...
Paradigm Press | Sponsoredtc pixel