Hawaiian Electric Industries (NYSE:HE - Get Free Report) is expected to be releasing its Q4 2024 earnings data after the market closes on Friday, February 21st. Analysts expect Hawaiian Electric Industries to post earnings of $0.39 per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Hawaiian Electric Industries (NYSE:HE - Get Free Report) last released its quarterly earnings results on Friday, February 21st. The utilities provider reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by ($0.19). Hawaiian Electric Industries had a positive return on equity of 11.12% and a negative net margin of 35.38%. On average, analysts expect Hawaiian Electric Industries to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Hawaiian Electric Industries Price Performance
Shares of HE traded down $0.21 on Friday, reaching $10.77. The stock had a trading volume of 2,959,394 shares, compared to its average volume of 3,161,248. Hawaiian Electric Industries has a twelve month low of $7.61 and a twelve month high of $18.19. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.80. The firm has a 50-day moving average of $9.55 and a 200 day moving average of $10.48. The firm has a market capitalization of $1.86 billion, a PE ratio of -0.91 and a beta of 0.53.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on HE shares. StockNews.com lowered Hawaiian Electric Industries from a "hold" rating to a "sell" rating in a research note on Tuesday, February 11th. Jefferies Financial Group reduced their target price on Hawaiian Electric Industries from $11.50 to $10.50 and set a "hold" rating on the stock in a research note on Friday, January 3rd. Barclays started coverage on Hawaiian Electric Industries in a research note on Thursday, February 6th. They issued an "equal weight" rating and a $10.00 target price on the stock. Finally, Evercore ISI reduced their price target on Hawaiian Electric Industries from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Tuesday, November 19th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat, Hawaiian Electric Industries has a consensus rating of "Hold" and a consensus price target of $10.50.
Get Our Latest Analysis on HE
About Hawaiian Electric Industries
(
Get Free Report)
Hawaiian Electric Industries, Inc, together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai.
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