HE vs. IDA, POR, ALE, OTTR, MGEE, 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), Otter Tail (OTTR), MGE Energy (MGEE), 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 business? We will compare the two companies based on the strength of their media sentiment, profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership, risk and community ranking.
Hawaiian Electric Industries pays an annual dividend of $1.44 per share and has a dividend yield of 13.0%. IDACORP pays an annual dividend of $3.44 per share and has a dividend yield of 3.0%. Hawaiian Electric Industries pays out -11.4% of its earnings in the form of a dividend. IDACORP pays out 62.8% 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.
Hawaiian Electric Industries received 155 more outperform votes than IDACORP when rated by MarketBeat users. However, 49.17% of users gave IDACORP an outperform vote while only 48.46% of users gave Hawaiian Electric Industries an outperform vote.
In the previous week, IDACORP had 3 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 11 mentions for IDACORP and 8 mentions for Hawaiian Electric Industries. Hawaiian Electric Industries' average media sentiment score of 0.92 beat IDACORP's score of 0.81 indicating that Hawaiian Electric Industries is being referred to more favorably in the media.
IDACORP has a net margin of 15.83% 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.
59.9% of Hawaiian Electric Industries shares are owned by institutional investors. Comparatively, 89.1% of IDACORP shares are owned by institutional investors. 0.3% of Hawaiian Electric Industries shares are owned by company insiders. Comparatively, 0.5% of IDACORP shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Hawaiian Electric Industries presently has a consensus target price of $12.00, indicating a potential upside of 7.96%. IDACORP has a consensus target price of $120.50, indicating a potential upside of 5.52%. Given Hawaiian Electric Industries' higher possible upside, equities analysts plainly believe Hawaiian Electric Industries is more favorable than IDACORP.
Hawaiian Electric Industries has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500. Comparatively, IDACORP has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500.
Summary
IDACORP beats Hawaiian Electric Industries on 14 of the 21 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.
Hawaiian Electric Industries Competitors List
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This page (NYSE:HE) was last updated on 3/25/2025 by MarketBeat.com Staff
