Hawaiian Electric Industries, Inc. (HE)

NYSE: HE · IEX Real-Time Price · USD
41.33
+0.66 (1.62%)
Dec 2, 2022 4:00 PM EST - Market closed
1.62%
Market Cap 4.40B
Revenue (ttm) 3.49B
Net Income (ttm) 238.31M
Shares Out 109.47M
EPS (ttm) 2.18
PE Ratio 18.96
Forward PE 17.70
Dividend $1.40 (3.39%)
Ex-Dividend Date Nov 21, 2022
Volume 331,074
Open 40.28
Previous Close 40.67
Day's Range 39.98 - 41.48
52-Week Range 33.18 - 44.72
Beta 0.39
Analysts Sell
Price Target 35.96 (-13.0%)
Earnings Date Nov 7, 2022

About HE

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. 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, hydroel... [Read more]

Industry Electric Utilities
Founded 1891
CEO Constance Lau
Employees 3,597
Stock Exchange NYSE
Ticker Symbol HE
Full Company Profile

Financial Performance

In 2021, HE's revenue was $2.85 billion, an increase of 10.49% compared to the previous year's $2.58 billion. Earnings were $248.06 million, an increase of 24.21%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for HE stock is "Sell." The 12-month stock price forecast is 35.96, which is a decrease of -12.99% from the latest price.

Price Target
$35.96
(-12.99% downside)
Analyst Consensus: Sell
Stock Forecasts

News

ALE or HE: Which Is the Better Value Stock Right Now?

ALE vs. HE: Which Stock Is the Better Value Option?

Other symbols: ALE
2 weeks ago - Zacks Investment Research

Hawaiian Electric (HE) Q3 Earnings Beat, Sales Rise Y/Y

Hawaiian Electric's (HE) total revenues of $1,042.2 million in the third quarter improve 37.7% from the prior-year quarter's $756.9 million.

3 weeks ago - Zacks Investment Research

HEI REPORTS THIRD QUARTER 2022 RESULTS

3Q22 Net Income of $62.1M and Diluted Earnings Per Share (EPS) 1  of $0.57 Utility Performance Steady Despite Inflationary Environment Strong Bank Results Reflect Continued Net Interest Margin Expansion...

3 weeks ago - PRNewsWire

HEI DECLARES QUARTERLY DIVIDEND OF $0.35 PER SHARE

HONOLULU , Nov. 3, 2022 /PRNewswire/ -- On November 3, 2022, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) declared HEI's quarterly cash dividend of $0.35 per share, paya...

1 month ago - PRNewsWire

AMERICAN SAVINGS BANK REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS

3Q 2022 Net Income of $20.8 million Continued Net Interest Margin Expansion, Strong Loan Growth and Favorable Credit Trends HONOLULU , Oct. 28, 2022 /PRNewswire/ -- American Savings Bank, F.S.B. (ASB), ...

1 month ago - PRNewsWire

HEI TO ANNOUNCE THIRD QUARTER 2022 RESULTS NOVEMBER 7; AMERICAN SAVINGS BANK TO ANNOUNCE THIRD QUARTER RESULTS OCTOBE...

HONOLULU , Oct. 14, 2022 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) will announce its third quarter 2022 financial results on Monday, November 7. In addition, American Savings B...

1 month ago - PRNewsWire

POR vs. HE: Which Stock Is the Better Value Option?

POR vs. HE: Which Stock Is the Better Value Option?

Other symbols: POR
2 months ago - Zacks Investment Research

Why Is HEI (HE) Down 9.3% Since Last Earnings Report?

HEI (HE) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

POR or HE: Which Is the Better Value Stock Right Now?

POR vs. HE: Which Stock Is the Better Value Option?

Other symbols: POR
3 months ago - Zacks Investment Research

4 Stocks to Sell Before They Plummet

There will always be ups and downs when it comes to stocks. But sometimes, the downturn can be more severe than usual.

Other symbols: KSSTDOCXRX
3 months ago - InvestorPlace

Hawaiian Electric (HE) Q2 Earnings Lag Estimates, Sales Up Y/Y

Hawaiian Electric's (HE) total revenues of $895.6 million in the second quarter improve 31.7% from the prior-year quarter.

3 months ago - Zacks Investment Research

HEI REPORTS SECOND QUARTER 2022 RESULTS

2Q22 Net Income of $52.5M and Diluted Earnings Per Share (EPS)1 of $0.48 Utility Performing Well Despite Inflationary Environment Bank Results Reflect Strong Loan Growth, Expanding Net Interest Margin, ...

3 months ago - PRNewsWire

UGI Earnings Miss Estimates and Revenues Rise Y/Y in Q3

UGI's fiscal third-quarter earnings are lower than expected. UGI expects its long-term earnings per share to expand in the range of 6-10%.

Other symbols: DSWXUGI
3 months ago - Zacks Investment Research

AMERICAN SAVINGS BANK REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS

2Q 2022 Net Income of $17.5 million Strong Loan Growth, Expanding Net Interest Margin, Favorable Credit Trends and More Normalized Provision HONOLULU , July 29, 2022 /PRNewswire/ -- American Savings Ban...

4 months ago - PRNewsWire

Michael J. Kennedy named to Hawaiian Electric Industries board of directors

HONOLULU , July 19, 2022 /PRNewswire/ -- Michael J. Kennedy, an innovative leader with extensive executive and strategy experience with national and global organizations, will be appointed to the board ...

4 months ago - PRNewsWire

HEI TO ANNOUNCE SECOND QUARTER 2022 RESULTS AUGUST 8; AMERICAN SAVINGS BANK TO ANNOUNCE SECOND QUARTER RESULTS JULY 29

HONOLULU, July 15, 2022 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (HEI) (NYSE: HE) will announce its second quarter 2022 financial results on Monday, August 8. In addition, American Savings Ban...

4 months ago - PRNewsWire

HE vs. IDA: Which Stock Should Value Investors Buy Now?

HE vs. IDA: Which Stock Is the Better Value Option?

Other symbols: IDA
4 months ago - Zacks Investment Research

3 Utilities Worth Betting On Despite Ongoing Rate Increases

Utilities like Sempra Energy (SRE), WEC Energy (WEC) and Hawaiian Electric (HE) have strong fundamentals, which will support their stable performance despite an increase in interest rates.

Other symbols: SREWEC
5 months ago - Zacks Investment Research

Reasons to Add Hawaiian Electric (HE) to Your Portfolio

Hawaiian Electric Industries (HE) makes a strong case for investment, given the positive estimates movement, expanding renewable portfolios and improving demand from the tourism industry.

5 months ago - Zacks Investment Research

MGEE or HE: Which Is a Better Utility Power Stock to Pick?

At present, Hawaiian Electric Industries (HE) appears to be a better choice in the utility space compared with MGE Energy (MGEE).

Other symbols: MGEE
6 months ago - Zacks Investment Research

Has Hawaiian Electric Industries (HE) Outpaced Other Utilities Stocks This Year?

Here is how Hawaiian Electric (HE) and Pampa Energia (PAM) have performed compared to their sector so far this year.

6 months ago - Zacks Investment Research

Hawaiian Electric (HE) Q1 Earnings Top, Revenues Rise Y/Y

Hawaiian Electric's (HE) total revenues of $785.1 million in the first quarter improve 22.1% from the prior-year quarter.

6 months ago - Zacks Investment Research

5 Stocks to Sell or Avoid Now

It's been a horrific year so far for equities, and yet the market remains littered with stocks to sell in anticipation of even deeper losses. True, one of the worst starts to a year in market history ha...

Other symbols: GMEMCYSCCOXRX
6 months ago - Kiplinger

HEI REPORTS FIRST QUARTER 2022 RESULTS

1Q22 Net Income of $69.2M and Diluted Earnings Per Share (EPS) 1  of $0.63 Utility Performing Well and Progressing Climate Action Goals Bank Results Reflect Solid Credit Quality, Stable Net Interest Mar...

6 months ago - PRNewsWire

AMERICAN SAVINGS BANK REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS

1Q 2022 Net Income of $23.9 million Solid Credit Quality, Stable Net Interest Margin and Improving Bank Environment HONOLULU, April 29, 2022 /PRNewswire/ -- American Savings Bank, F.S.B. (ASB), a wholly...

7 months ago - PRNewsWire