HE vs. IDA, POR, ALE, MGEE, OTTR, ARRY, UTL, 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), Array Technologies (ARRY), Unitil (UTL), NextEra Energy (NEE), Southern (SO), and Duke Energy (DUK). These companies are all part of the "electric utilities" industry.
Hawaiian Electric Industries vs.
Hawaiian Electric Industries (NYSE:HE) and IDACORP (NYSE:IDA) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, institutional ownership, analyst recommendations, media sentiment, risk 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.
Hawaiian Electric Industries pays an annual dividend of $1.44 per share and has a dividend yield of 13.4%. IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.0%. Hawaiian Electric Industries pays out -12.2% of its earnings in the form of a dividend. IDACORP pays out 63.8% 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 had 6 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 14 mentions for IDACORP and 8 mentions for Hawaiian Electric Industries. IDACORP's average media sentiment score of 1.13 beat Hawaiian Electric Industries' score of 0.52 indicating that IDACORP is being referred to more favorably in the news media.
Hawaiian Electric Industries received 155 more outperform votes than IDACORP when rated by MarketBeat users. However, 49.29% of users gave IDACORP an outperform vote while only 48.53% of users gave Hawaiian Electric Industries an outperform vote.
Hawaiian Electric Industries presently has a consensus price target of $10.50, suggesting a potential downside of 2.46%. IDACORP has a consensus price target of $116.20, suggesting a potential upside of 1.95%. Given IDACORP's stronger consensus rating and higher possible upside, analysts plainly believe IDACORP is more favorable than Hawaiian Electric Industries.
Hawaiian Electric Industries has a beta of 0.53, suggesting that its stock price is 47% less volatile than the S&P 500. Comparatively, IDACORP has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500.
IDACORP has lower revenue, but higher earnings 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.
59.9% of Hawaiian Electric Industries shares are held by institutional investors. Comparatively, 89.1% of IDACORP shares are held by institutional investors. 0.3% of Hawaiian Electric Industries shares are held by company insiders. Comparatively, 0.5% of IDACORP shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
IDACORP beats Hawaiian Electric Industries on 16 of the 21 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NYSE:HE) was last updated on 2/22/2025 by MarketBeat.com Staff
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