Hawaiian Electric Industries, Inc. (HE)
| Market Cap | 1.58B |
| Revenue (ttm) | 3.69B |
| Net Income (ttm) | -1.31B |
| Shares Out | 172.47M |
| EPS (ttm) | -11.76 |
| PE Ratio | n/a |
| Forward PE | 8.12 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,986,560 |
| Open | 9.23 |
| Previous Close | 9.14 |
| Day's Range | 9.05 - 9.27 |
| 52-Week Range | 7.61 - 18.19 |
| Beta | 0.54 |
| Analysts | Hold |
| Price Target | 10.67 (+16.74%) |
| Earnings Date | Feb 11, 2025 |
About HE
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves... [Read more]
Financial Performance
In 2023, HE's revenue was $3.68 billion, a decrease of -1.60% compared to the previous year's $3.74 billion. Earnings were $199.24 million, a decrease of -17.38%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for HE stock is "Hold." The 12-month stock price forecast is $10.67, which is an increase of 16.74% from the latest price.
News
Hawaiian Electric sells 90% interest in American Savings Bank
Hawaiian Electric Industries said on Tuesday it had closed the deal to sell a 90.1% stake in its unit American Savings Bank (ASB) through separate agreements, as the parent of Hawaii Electric looks to...
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.
Hawaiian Electric Continues to Advance Wildfire Safety Efforts
HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Continues to Advance Wildfire Safety Efforts.
Hawaiian Electric Industries, Inc. (HE) Q3 2024 Earnings Call Transcript
Hawaiian Electric Industries, Inc. (NYSE:HE) Q3 2024 Earnings Conference Call November 8, 2024 4:30 PM ET Company Participants Mateo Garcia - Director, Investor Relations Scott Seu - President and Ch...
HEI Reports Third Quarter 2024 Results
On November 4, HEI and Other Parties Finalized the Settlement Agreements to Resolve the Maui Wildfire Tort Litigation
American Savings Bank Reports Third Quarter 2024 Financial Results
HONOLULU--(BUSINESS WIRE)--American Savings Bank Reports Third Quarter 2024 Financial Results.
Hawaiian Electric Industries to Announce Third Quarter 2024 Results November 8; American Savings Bank to Announce Third Quarter 2024 Results October 30
HONOLULU--(BUSINESS WIRE)--HEI to Announce Third Quarter 2024 Results November 8; American Savings Bank to Announce Third Quarter 2024 Results October 30.
Hawaiian Electric (HE) Stock Experiences Significant Price Drop Amid Negative Earnings Report
Hawaiian Electric (HE, Financial) recently witnessed a sharp decline in its stock price, dropping by 5.02% to $9.28 per share. The trading volume reached 1.65725 million shares with a turnover rate of...
Hawaiian Electric Issues Statement Regarding Maui Fire Department Report on August 2023 Wildfires
HONOLULU--(BUSINESS WIRE)--Hawaiian Electric issues statement regarding Maui Fire Department report on August 2023 wildfires.
HEI Successfully Raises $558 Million Through Recent Equity Offering
HONOLULU--(BUSINESS WIRE)--HEI Successfully Raises $558 Million Through Recent Equity Offering.
Hawaiian Electric Shares Sink on $500M Stock Sale To Pay for Maui Fire Damages
Shares of Hawaiian Electric Industries (HE), or HEI, tumbled Tuesday, a day after the holding company for the state's biggest power provider announced a major stock sale at a discounted price to help ...
Snowflake, Hawaiian Electric Industries And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Tuesday.
Hawaiian Electric falls after disclosing $250 mln stock offering plan
Shares of Hawaiian Electric fell 3.3% premarket on Thursday after the parent company of Hawaii's largest utility said it plans to sell up to $250 million worth of shares to partly fund its portion of ...
Valuing Hawaiian Electric Industries
Parties have reached a settlement agreement over last year's Maui wildfires. While some details are unknown, the settlement gives more certainty to Hawaii Electric Industries' outlook. HE shares look ...
Hawaiian Electric Warns About Future Viability Because of Maui Fire Costs
Shares of Hawaiian Electric Industries (HE), or HEI, sank Monday after the utility operator warned it may not be able to continue operations because of the potential inability to pay the money require...
JetBlue Airways, B. Riley Financial, Hawaiian Electric And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday.
Hawaiian Electric raises going concern risk over Maui wildfire settlement financing
Hawaiian Electric raised a going concern risk in its earnings report because it doesn't yet have a financing plan in place for the $1.99 billion settlement with Maui wildfire victims.
Hawaiian Electric Industries, Inc. (HE) Q2 2024 Earnings Call Transcript
Hawaiian Electric Industries, Inc. (NYSE:HE) Q2 2024 Earnings Conference Call August 9, 2024 4:30 PM ET Company Participants Mateo Garcia - Director, IR Scott Seu - President and CEO Scott DeGhetto -...
HEI Reports Second Quarter 2024 Results
HONOLULU--(BUSINESS WIRE)--HEI Reports Second Quarter 2024 Results.
Hawaiian Electric agrees to pay about half of $4 billion Maui wildfire settlement
Hawaiian's largest utility said on Friday it had agreed to pay roughly half of a more than $4 billion legal settlement that will compensate victims of last year's deadly Maui wildfires.
8 Best-Performing Small Caps In July: Find Out Which Stock Jumped 803%
The United States' macroeconomic environment was favorable to large-cap companies and unfriendly to small-caps through the first half of 2024. That changed in July.
American Savings Bank Reports Second Quarter 2024 Financial Results
HONOLULU--(BUSINESS WIRE)--American Savings Bank Reports Second Quarter 2024 Financial Results.
Undercovered Dozen: Hawaiian Electrics, Serve Robotics, Yandex, Southwest Airlines +
We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. Despite the decline in stock price for small biotech Agenus, one analyst thinks it could have further to go...
Reports of a Wildfire Settlement Deal Have Hawaiian Electric Stock Flying
Hawaiian Electric Industries (HE) and others have reached a tentative deal to pay more than $4 billion to settle lawsuits related to wildfires that ravaged Maui in 2023, according to a Bloomberg repor...
Hawaiian Electric stock rallies on report of Maui wildfire settlement
Hawaiian Electric Industries Inc.'s stock is rallying by about 37% in premarket trading Friday after Bloomberg reported the company is near a settlement for hundreds of lawsuits filed after the wildfi...