Hawaiian Electric Industries (NYSE:HE - Get Free Report) will announce its earnings results after the market closes on Friday, November 8th. Individual interested in listening to the company's earnings conference call can do so using this link.
Hawaiian Electric Industries (NYSE:HE - Get Free Report) last issued its quarterly earnings data on Friday, August 9th. The utilities provider reported $0.44 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.05). The company had revenue of $792.30 million during the quarter. Hawaiian Electric Industries had a negative net margin of 31.76% and a positive return on equity of 10.69%. The firm's quarterly revenue was down .2% on a year-over-year basis.
Hawaiian Electric Industries Trading Down 0.4 %
Shares of NYSE HE traded down $0.04 during midday trading on Friday, reaching $10.23. 3,666,910 shares of the company were exchanged, compared to its average volume of 3,402,515. Hawaiian Electric Industries has a one year low of $7.61 and a one year high of $18.19. The company has a debt-to-equity ratio of 2.62, a quick ratio of 0.11 and a current ratio of 0.11. The stock's 50-day moving average price is $10.51 and its 200-day moving average price is $11.14.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Hawaiian Electric Industries from $14.00 to $11.50 and set an "equal weight" rating for the company in a report on Monday, September 30th. StockNews.com downgraded Hawaiian Electric Industries from a "hold" rating to a "sell" rating in a report on Friday, October 4th. Finally, Evercore ISI decreased their price target on Hawaiian Electric Industries from $16.00 to $9.00 and set an "in-line" rating for the company in a research note on Tuesday, September 24th.
Check Out Our Latest Stock Analysis on Hawaiian Electric Industries
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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