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 better stock? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, media sentiment, profitability, dividends, community ranking, analyst recommendations and valuation.
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 48.72% of users gave Hawaiian Electric Industries an outperform vote.
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.
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.
In the previous week, IDACORP had 9 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 10 mentions for IDACORP and 1 mentions for Hawaiian Electric Industries. IDACORP's average media sentiment score of 0.71 beat Hawaiian Electric Industries' score of 0.05 indicating that IDACORP is being referred to more favorably in the news media.
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 insiders. Comparatively, 0.5% of IDACORP shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Hawaiian Electric Industries has a beta of 0.53, meaning that its stock price is 47% less volatile than the S&P 500. Comparatively, IDACORP has a beta of 0.65, meaning that its stock price is 35% less volatile than the S&P 500.
Hawaiian Electric Industries presently has a consensus target price of $10.67, suggesting a potential upside of 16.77%. IDACORP has a consensus target price of $111.00, suggesting a potential upside of 0.61%. Given Hawaiian Electric Industries' higher possible upside, equities analysts plainly believe Hawaiian Electric Industries is more favorable than IDACORP.
Summary
IDACORP beats Hawaiian Electric Industries on 14 of the 18 factors compared between the two stocks.
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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.
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 1/20/2025 by MarketBeat.com Staff
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