Hawaiian Electric Industries (HE) Stock Price, News & Analysis

Company Overview

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. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

Key Stats

• Today's Range: $10.31 to $10.48
• 50-Day Range: $9.34 to $11.48
• 52-Week Range: $7.61 to $18.19
• Volume: 875,920 shs
• Average Volume: 3.55 million shs
• Market Capitalization: $1.78 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.00
• Consensus Rating: Hold

Hawaiian Electric Industries Stock Analysis - MarketRank™

Hawaiian Electric Industries scored higher than 34% of companies evaluated by MarketBeat, and ranked 71st out of 93 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Hawaiian Electric Industries has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hawaiian Electric Industries has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -43.27%

Earnings Growth

Earnings for Hawaiian Electric Industries are expected to decrease by -43.27% in the coming year, from $1.71 to $0.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hawaiian Electric Industries is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hawaiian Electric Industries is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Hawaiian Electric Industries has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.44% of the float of Hawaiian Electric Industries has been sold short.

Short Interest Ratio / Days to Cover

Hawaiian Electric Industries has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Hawaiian Electric Industries has recently increased by 3.22%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Hawaiian Electric Industries does not currently pay a dividend.

Dividend Growth

Hawaiian Electric Industries does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Hawaiian Electric Industries will have a dividend payout ratio of 148.45% in the coming year. This indicates that Hawaiian Electric Industries may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 0.8 / 5
• Environmental Score: -5.63

Percentage of Shares Shorted

10.44% of the float of Hawaiian Electric Industries has been sold short.

Short Interest Ratio / Days to Cover

Hawaiian Electric Industries has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Hawaiian Electric Industries has recently increased by 3.22%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.38

News Sentiment

Hawaiian Electric Industries has a news sentiment score of 1.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Hawaiian Electric Industries this week, compared to 6 articles on an average week.

Search Interest

Only 8 people have searched for HE on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Hawaiian Electric Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hawaiian Electric Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.27% of the stock of Hawaiian Electric Industries is held by insiders.

Percentage Held by Institutions

59.91% of the stock of Hawaiian Electric Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HE Stock Analysis - Frequently Asked Questions

How have HE shares performed this year?

Hawaiian Electric Industries' stock was trading at $9.73 at the start of the year. Since then, HE stock has increased by 6.6% and is now trading at $10.37.
View the best growth stocks for 2025 here.

How were Hawaiian Electric Industries' earnings last quarter?

Hawaiian Electric Industries, Inc. (NYSE:HE) announced its quarterly earnings data on Friday, February, 21st. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by $0.19. The utilities provider earned $799.18 million during the quarter. Hawaiian Electric Industries had a positive trailing twelve-month return on equity of 11.12% and a negative net margin of 35.38%.
Read the conference call transcript.

Does Hawaiian Electric Industries have any subsidiaries?

The following companies are subsidiaries of Hawaiian Electric Industries: American Savings Bank F.S.B., ASB Hawaii Inc., Hamakua Energy LLC, Hamakua Holdings LLC, Hawaiian Electric Company Inc., Hawaii Electric Light Company Inc., HECO Capital Trust III (a statutory trust), and others.

Who are Hawaiian Electric Industries' major shareholders?

Top institutional shareholders of Hawaiian Electric Industries include Congress Asset Management Co. (0.44%), GAMMA Investing LLC (0.16%), Rhumbline Advisers (0.15%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Keith P Russell and Gregory C Hazelton.
View institutional ownership trends.

How do I buy shares of Hawaiian Electric Industries?

Shares of HE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Hawaiian Electric Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hawaiian Electric Industries investors own include Tesla (TSLA), Meta Platforms (META), Alphabet (GOOG), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Walmart (WMT) and Intel (INTC).

Company Calendar

• Last Earnings: 2/21/2025
• Today: 4/16/2025
• Next Earnings (Estimated): 5/09/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:HE
• CIK: 354707
• Web: www.hei.com
• Phone: (808) 543-5662
• Fax: 808-543-7966
• Employees: 3,760
• Year Founded: 1891

Price Target and Rating

• Average Stock Price Target: $12.00
• High Stock Price Target: $14.00
• Low Stock Price Target: $10.50
• Potential Upside/Downside: +15.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($12.67)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.06
• P/E Growth: N/A
• Net Income: $201.13 million
• Net Margins: -35.38%
• Pretax Margin: -48.19%
• Return on Equity: 11.12%
• Return on Assets: 1.19%

Debt

• Debt-to-Equity Ratio: 1.80
• Current Ratio: 0.18
• Quick Ratio: 0.18

Sales & Book Value

• Annual Sales: $3.22 billion
• Price / Sales: 0.55
• Cash Flow: $2.91 per share
• Price / Cash Flow: 3.56
• Book Value: $21.29 per share
• Price / Book: 0.49

Miscellaneous

• Outstanding Shares: 172,494,000
• Free Float: 172,000,000
• Market Cap: $1.79 billion
• Optionable: Optionable
• Beta: 0.51