Hawaiian Electric Industries Inc (HE)

NYSE
Currency in USD
9.17
-0.40(-4.18%)
Closed
After Hours
9.23+0.06(+0.65%)
HE Scorecard
Full Analysis
Suffers from weak gross profit margins
High dividend Yield
Fair Value
Day's Range
9.169.62
52 wk Range
7.6118.19
Key Statistics
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Prev. Close
9.17
Open
9.53
Day's Range
9.16-9.62
52 wk Range
7.61-18.19
Volume
2.8M
Average Vol. (3m)
3.09M
1-Year Change
-31.31%
Book Value / Share
9.6
Fair Value
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Fair Value Upside
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HE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
10.38
Upside
+13.14%
Members' Sentiments
Bearish
Bullish
ProTips
Liquid assets exceed short term obligations
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Hawaiian Electric Industries Inc Company Profile

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 suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

Sector
Utilities
Employees
3652

Hawaiian Electric Industries Inc SWOT Analysis


Future Outlook
Analyst targets range from $9.00 to $11.50, with projected EPS growth despite ongoing challenges in regulatory landscape and settlement financing
Risk Mitigation Efforts
Learn about HE's Public Safety Power Shutoff program and grid hardening initiatives, aimed at enhancing safety and rebuilding public trust
Strategic Reshaping
Explore HE's potential $500M sale of American Savings Bank and Pacific Current projects, signaling a shift towards core utility operations
Financial Turmoil
Hawaiian Electric grapples with wildfire settlement fallout, reporting negative ROE and missed earnings estimates amid increased operational costs
Read full SWOT analysis

Hawaiian Electric Industries Inc Earnings Call Summary for Q3/2024

  • HEI reported Q3 2024 net loss of $104.4M due to wildfire liabilities; core net income was $52.2M excluding one-time items
  • $1.99B Maui wildfire settlement signed, to be paid in four installments starting late 2025
  • Cash reserves bolstered to $678M after equity offering; comprehensive wildfire mitigation plan in development
  • Public safety power shutoff program implemented; strategic asset reviews underway to enhance financial stability
  • Next multiyear rate plan for Hawaiian Electric to consider recent events, including Maui wildfires
Last Updated: 11/12/2024, 11:58 AM
Read Full Transcript

Compare HE to Peers and Sector

Metrics to compare
HE
Peers
Sector
Relationship
P/E Ratio
−1.2x18.3x11.9x
PEG Ratio
0.002.210.02
Price / Book
1.0x1.7x1.3x
Price / LTM Sales
0.4x2.3x1.5x
Upside (Analyst Target)
13.9%7.3%21.5%
Fair Value Upside
Unlock−14.0%4.2%Unlock

Analyst Ratings

0 Buy
4 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 10.38
(+13.14% Upside)

Earnings

Latest Release
Nov 08, 2024
EPS / Forecast
0.46 / 0.55
Revenue / Forecast
938.38M / 917.15M
EPS Revisions
Last 90 days

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FAQ

What Is the Hawaiian Electric Industries (HE) Stock Price Today?

The Hawaiian Electric Industries stock price today is 9.17

What Stock Exchange Does Hawaiian Electric Industries Trade On?

Hawaiian Electric Industries is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Hawaiian Electric Industries?

The stock symbol for Hawaiian Electric Industries is "HE."

Does Hawaiian Electric Industries Pay Dividends? What’s The Current Dividend Yield?

The Hawaiian Electric Industries dividend yield is 10.66%.

What Is the Hawaiian Electric Industries Market Cap?

As of today, Hawaiian Electric Industries market cap is 1.58B.

What is Hawaiian Electric Industries Earnings Per Share?

The Hawaiian Electric Industries EPS is -11.76.

What Is the Next Hawaiian Electric Industries Earnings Date?

Hawaiian Electric Industries will release its next earnings report on Feb 18, 2025.

From a Technical Analysis Perspective, Is HE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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