First Hawaiian (FHB) Stock Price, News & Analysis

Company Overview

First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit and loans, automobile loans and leases, secured and unsecured lines of credit, installment loans, small business loans and leases, and construction lending, as well as commercial lease and auto dealer financing. In addition, the company offers wealth management, personal installment, individual investment and financial planning, insurance protection, trust and estate, private banking, investment management, retirement planning, and merchant processing services, as well as consumer and commercial credit cards. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. First Hawaiian, Inc. was founded in 1858 and is headquartered in Honolulu, Hawaii.

Key Stats

• Today's Range: $25.06 to $25.84
• 50-Day Range: $23.63 to $28.30
• 52-Week Range: $19.48 to $28.80
• Volume: 3.02 million shs
• Average Volume: 667,118 shs
• Market Capitalization: $3.26 billion
• P/E Ratio: 14.56
• Dividend Yield: 4.08%
• Price Target: $26.86
• Consensus Rating: Reduce

First Hawaiian Stock Analysis - MarketRank™

First Hawaiian scored higher than 47% of companies evaluated by MarketBeat, and ranked 667th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Reduce

Consensus Rating

First Hawaiian has received a consensus rating of Reduce. The company's average rating score is 1.57, and is based on no buy ratings, 4 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

First Hawaiian has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -9.29%

Earnings Growth

Earnings for First Hawaiian are expected to decrease by -9.29% in the coming year, from $1.83 to $1.66 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Hawaiian is 14.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Hawaiian is 14.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.63.

Price to Book Value per Share Ratio

First Hawaiian has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.52% of the float of First Hawaiian has been sold short.

Short Interest Ratio / Days to Cover

First Hawaiian has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in First Hawaiian has recently decreased by 1.75%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

First Hawaiian is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of First Hawaiian is 59.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Hawaiian will have a dividend payout ratio of 62.65% next year. This indicates that First Hawaiian will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.52% of the float of First Hawaiian has been sold short.

Short Interest Ratio / Days to Cover

First Hawaiian has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in First Hawaiian has recently decreased by 1.75%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.76

News Sentiment

First Hawaiian has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for First Hawaiian this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 0.50% of the stock of First Hawaiian is held by insiders.

Percentage Held by Institutions

97.63% of the stock of First Hawaiian is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FHB Stock Analysis - Frequently Asked Questions

How have FHB shares performed this year?

First Hawaiian's stock was trading at $22.86 at the beginning of 2024. Since then, FHB shares have increased by 11.5% and is now trading at $25.48.
View the best growth stocks for 2024 here.

How were First Hawaiian's earnings last quarter?

First Hawaiian, Inc. (NASDAQ:FHB) issued its earnings results on Friday, October, 27th. The bank reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.02. The bank had revenue of $285.90 million for the quarter, compared to analyst estimates of $199.36 million. First Hawaiian had a trailing twelve-month return on equity of 8.83% and a net margin of 18.83%.

When did First Hawaiian IPO?

First Hawaiian (FHB) raised $464 million in an IPO on Thursday, August 4th 2016. The company issued 21,100,000 shares at $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch, BNP PARIBAS, Barclays, Credit Suisse, Deutsche Bank Securities, J.P. Morgan, Citigroup, Morgan Stanley and UBS Investment Bank served as the underwriters for the IPO and BBVA, COMMERZBANK, HSBC, ING, Keefe, Bruyette & Woods (A Stifel Company), Banco Santander and Wells Fargo Securities were co-managers.

Who are First Hawaiian's major shareholders?

First Hawaiian's top institutional shareholders include The Manufacturers Life Insurance Company (8.31%), State Street Corp (4.37%), Hotchkis & Wiley Capital Management LLC (2.68%) and Reinhart Partners LLC. (1.93%). Insiders that own company stock include Robert S Harrison and Christopher L Dods.
View institutional ownership trends.

How do I buy shares of First Hawaiian?

Shares of FHB 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.
Compare Top Brokerages Here.

What other stocks do shareholders of First Hawaiian own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Hawaiian investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 10/27/2023
• Ex-Dividend for 11/29 Dividend: 11/18/2024
• Dividend Payable: 11/29/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FHB
• Previous Symbol: NYSE:FHB
• CUSIP: N/A
• CIK: 36377
• Web: www.fhb.com
• Phone: (808) 525-7000
• Fax: N/A
• Employees: 2,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.86
• High Stock Price Target: $30.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: +5.4%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.75
• Trailing P/E Ratio: 14.56
• Forward P/E Ratio: 13.92
• P/E Growth: N/A
• Net Income: $234.98 million
• Net Margins: 18.83%
• Pretax Margin: 24.28%
• Return on Equity: 8.83%
• Return on Assets: 0.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.74
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $797.14 million
• Price / Sales: 4.09
• Cash Flow: $2.02 per share
• Price / Cash Flow: 12.62
• Book Value: $19.48 per share
• Price / Book: 1.31

Miscellaneous

• Outstanding Shares: 127,886,000
• Free Float: 127,247,000
• Market Cap: $3.26 billion
• Optionable: Optionable
• Beta: 0.98