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Hawaiian Electric Industries (HE) Competitors

Hawaiian Electric Industries logo
$9.88 +0.18 (+1.86%)
(As of 12/20/2024 05:31 PM ET)

HE vs. IDA, POR, ALE, MGEE, OTTR, UTL, ARRY, NEE, SO, and DUK

Should you be buying Hawaiian Electric Industries stock or one of its competitors? The main competitors of Hawaiian Electric Industries include IDACORP (IDA), Portland General Electric (POR), ALLETE (ALE), MGE Energy (MGEE), Otter Tail (OTTR), Unitil (UTL), Array Technologies (ARRY), NextEra Energy (NEE), Southern (SO), and Duke Energy (DUK). These companies are all part of the "electric utilities" industry.

Hawaiian Electric Industries vs.

IDACORP (NYSE:IDA) and Hawaiian Electric Industries (NYSE:HE) are both utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, profitability, analyst recommendations, valuation, earnings, institutional ownership and community ranking.

IDACORP has a net margin of 15.35% compared to Hawaiian Electric Industries' net margin of -35.38%. Hawaiian Electric Industries' return on equity of 11.12% beat IDACORP's return on equity.

Company Net Margins Return on Equity Return on Assets
IDACORP15.35% 9.17% 3.27%
Hawaiian Electric Industries -35.38%11.12%1.19%

IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.2%. Hawaiian Electric Industries pays an annual dividend of $1.44 per share and has a dividend yield of 14.6%. IDACORP pays out 63.8% of its earnings in the form of a dividend. Hawaiian Electric Industries pays out -12.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. IDACORP has increased its dividend for 13 consecutive years. Hawaiian Electric Industries is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, IDACORP and IDACORP both had 7 articles in the media. IDACORP's average media sentiment score of 1.42 beat Hawaiian Electric Industries' score of 0.71 indicating that IDACORP is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IDACORP
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hawaiian Electric Industries
3 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

IDACORP has higher earnings, but lower revenue than Hawaiian Electric Industries. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than IDACORP, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IDACORP$1.84B3.15$261.20M$5.3920.18
Hawaiian Electric Industries$3.69B0.46$201.13M-$11.83-0.84

IDACORP has a beta of 0.64, meaning that its share price is 36% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.53, meaning that its share price is 47% less volatile than the S&P 500.

89.1% of IDACORP shares are owned by institutional investors. Comparatively, 59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 0.5% of IDACORP shares are owned by insiders. Comparatively, 0.3% of Hawaiian Electric Industries shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

IDACORP currently has a consensus price target of $111.00, indicating a potential upside of 2.04%. Hawaiian Electric Industries has a consensus price target of $11.00, indicating a potential upside of 11.34%. Given Hawaiian Electric Industries' higher possible upside, analysts plainly believe Hawaiian Electric Industries is more favorable than IDACORP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDACORP
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Hawaiian Electric Industries
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Hawaiian Electric Industries received 156 more outperform votes than IDACORP when rated by MarketBeat users. However, 49.28% of users gave IDACORP an outperform vote while only 48.99% of users gave Hawaiian Electric Industries an outperform vote.

CompanyUnderperformOutperform
IDACORPOutperform Votes
206
49.28%
Underperform Votes
212
50.72%
Hawaiian Electric IndustriesOutperform Votes
362
48.99%
Underperform Votes
377
51.01%

Summary

IDACORP beats Hawaiian Electric Industries on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HE vs. The Competition

MetricHawaiian Electric IndustriesElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$1.70B$13.89B$13.72B$19.18B
Dividend YieldN/A4.50%4.10%3.59%
P/E Ratio-0.8414.8795.0341.28
Price / Sales0.468,149.6523.3317.59
Price / Cash3.318.7318.2921.28
Price / Book0.462.122.195.32
Net Income$201.13M$666.62M$629.73M$989.88M
7 Day Performance-3.14%-1.38%-1.92%-3.54%
1 Month Performance-5.95%0.95%-2.56%-3.68%
1 Year Performance-29.23%36.12%1.51%12.14%

Hawaiian Electric Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HE
Hawaiian Electric Industries
1.9888 of 5 stars
$9.88
+1.9%
$11.00
+11.3%
-28.5%$1.70B$3.69B-0.843,706Analyst Upgrade
High Trading Volume
IDA
IDACORP
4.492 of 5 stars
$113.97
+0.8%
$111.00
-2.6%
+12.5%$6.07B$1.84B20.982,112Positive News
POR
Portland General Electric
3.7539 of 5 stars
$44.59
+0.2%
$49.13
+10.2%
+2.2%$4.70B$2.92B13.282,842
ALE
ALLETE
3.7338 of 5 stars
$64.69
+0.1%
$62.00
-4.2%
+6.5%$3.74B$1.57B20.721,560Analyst Forecast
News Coverage
Positive News
MGEE
MGE Energy
3.2884 of 5 stars
$96.43
-1.4%
$74.00
-23.3%
+33.6%$3.49B$670.18M29.89700News Coverage
Positive News
OTTR
Otter Tail
2.0294 of 5 stars
$75.73
-0.2%
N/A-10.3%$3.17B$1.35B10.482,655
UTL
Unitil
3.4511 of 5 stars
$56.98
+0.3%
N/A+4.8%$922.51M$557.10M19.40536News Coverage
Positive News
ARRY
Array Technologies
4.1516 of 5 stars
$5.28
-4.5%
$11.57
+119.2%
-66.2%$802.26M$982.19M-5.701,028Analyst Forecast
NEE
NextEra Energy
4.9396 of 5 stars
$73.43
-0.3%
$87.15
+18.7%
+19.8%$151.00B$26.25B21.7816,800Positive News
SO
Southern
4.2602 of 5 stars
$82.69
-0.6%
$90.14
+9.0%
+18.9%$90.60B$26.43B19.3528,100Analyst Revision
Positive News
DUK
Duke Energy
4.7692 of 5 stars
$108.01
-0.7%
$122.23
+13.2%
+13.2%$83.44B$30.21B20.0027,037Analyst Revision
Positive News

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This page (NYSE:HE) was last updated on 12/21/2024 by MarketBeat.com Staff
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