Hawaiian Electric Industries, Inc. (HE)

Market Cap	1.20B
Revenue (ttm)	3.68B
Net Income (ttm)	199.24M
Shares Out	110.15M
EPS (ttm)	1.81
PE Ratio	6.01
Forward PE	4.80
Dividend	$0.72 (6.62%)
Ex-Dividend Date	Aug 17, 2023

Volume	1,460,571
Open	10.90
Previous Close	10.95
Day's Range	10.73 - 10.97
52-Week Range	8.74 - 40.16
Beta	0.53
Analysts	Sell
Price Target	9.00 (-17.28%)
Earnings Date	May 10, 2024

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...

• Industry: Utilities - Regulated Electric
• Sector: Utilities
• Founded: 1891
• Employees: 3,706
• Stock Exchange: NYSE
• Ticker Symbol: HE

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%.

Analyst Forecast

According to 4 analysts, the average rating for HE stock is "Sell." The 12-month stock price forecast is $9.0, which is a decrease of -17.28% from the latest price.

Price Target

$9.0

(-17.28% downside)

Analyst Consensus: Sell