Hawaiian Electric Industries (HE) to Release Quarterly Earnings on Friday

Hawaiian Electric Industries (NYSE:HE - Get Free Report) is expected to release its 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 interested in listening to the company's earnings conference call can do so using this link.

Hawaiian Electric Industries Trading Down 1.9 %

Shares of HE stock traded down $0.20 on Monday, hitting $10.16. 2,689,166 shares of the stock traded hands, compared to its average volume of 2,512,963. The firm's 50-day moving average price is $9.52 and its two-hundred day moving average price is $10.51. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a market capitalization of $1.75 billion, a PE ratio of -0.86 and a beta of 0.53. Hawaiian Electric Industries has a twelve month low of $7.61 and a twelve month high of $18.19.

Wall Street Analyst Weigh In

A number of research analysts have commented on HE shares. Evercore ISI decreased their target price on shares of Hawaiian Electric Industries from $11.00 to $10.00 and set an "in-line" rating on the stock in a research report on Tuesday, November 19th. Barclays assumed coverage on shares of Hawaiian Electric Industries in a research note on Thursday, February 6th. They set an "equal weight" rating and a $10.00 price target on the stock. StockNews.com lowered shares of Hawaiian Electric Industries from a "hold" rating to a "sell" rating in a research note on Tuesday, February 11th. Finally, Jefferies Financial Group cut their price target on shares of 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. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $10.50.

Hawaiian Electric Industries Company Profile

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.