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HE

HE - Hawaiian Electric Industries Inc Stock Price, Fair Value and News

11.50-0.30 (-2.54%)Market Closed

Market Summary

HE
11.50-0.30
Market Closed
-2.54%

HE Stock Price

View Fullscreen

HE RSI Chart

HE Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

6.74

Price/Sales (Trailing)

0.35

EV/EBITDA

5.11

Price/Free Cashflow

17.7

HE Price/Sales (Trailing)

HE Profitability

EBT Margin

6.29%

Return on Equity

7.91%

Return on Assets

1.11%

Free Cashflow Yield

5.65%

HE Fundamentals

HE Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

-3.35%

Rev. Growth (Qtr)

-6.19%

HE Earnings

Earnings (TTM)

188.1M

Earnings Growth (Yr)

-23.02%

Earnings Growth (Qtr)

-15.31%

Breaking Down HE Revenue

Last 7 days

15.0%

Last 30 days

17.6%

Last 90 days

-12.3%

Trailing 12 Months

-67.3%

How does HE drawdown profile look like?

HE Financial Health

Current Ratio

1.42

Debt/Equity

1.19

Debt/Cashflow

0.17

HE Investor Care

Dividend Yield

9.4%

Dividend/Share (TTM)

1.08

Shares Dilution (1Y)

0.67%

Diluted EPS (TTM)

1.69

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.7B000
20233.9B3.9B3.7B3.7B
20223.0B3.2B3.5B3.7B
20212.5B2.6B2.7B2.9B
20202.9B2.8B2.7B2.6B
20192.9B2.9B2.9B2.9B
20182.6B2.7B2.8B2.9B
20172.4B2.5B2.5B2.6B
20162.5B2.5B2.4B2.4B
20153.1B2.9B2.8B2.6B
20143.2B3.2B3.3B3.2B
20133.3B3.3B3.2B3.2B
20123.3B3.4B3.4B3.4B
20112.8B2.9B3.1B3.2B
20102.4B2.5B2.6B2.7B
200902.9B2.6B2.3B
20080003.2B
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Tracking the Latest Insider Buys and Sells of Hawaiian Electric Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 16, 2024
murao kurt k.
sold (taxes)
-55,006
13.1
-4,199
evp, gc & chief admin officer
Feb 16, 2024
kimura shelee m.t.
sold (taxes)
-70,884
13.1
-5,411
pres & ceo, hawn electric co.
Feb 16, 2024
teranishi ann
sold (taxes)
-86,211
13.1
-6,581
pres & ceo, amer savings bank
Feb 16, 2024
seu scott w.h.
sold (taxes)
-101,761
13.1
-7,768
president & ceo
Feb 09, 2024
seu scott w.h.
acquired
-
-
9,894
president & ceo
Feb 09, 2024
murao kurt k.
acquired
-
-
6,088
evp, gc & chief admin officer
Feb 09, 2024
teranishi ann
acquired
-
-
14,709
pres & ceo, amer savings bank
Feb 09, 2024
kimura shelee m.t.
acquired
-
-
3,550
pres & ceo, hawn electric co.
Jun 30, 2023
scilacci w james
acquired
-
-
3,314
-
Jun 30, 2023
fargo thomas b
acquired
-
-
3,314
-

1–10 of 50

Which funds bought or sold HE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 17, 2024
New Covenant Trust Company, N.A.
new
-
32,041
32,041
0.03%
May 16, 2024
COMERICA BANK
reduced
-0.36
-9,844
37,338
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-21.16
-3,905,100
6,541,540
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.89
-402,075
1,241,640
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
reduced
-23.13
-1,348,760
2,113,920
-%
May 15, 2024
CAXTON ASSOCIATES LP
added
43.47
167,951
1,372,370
0.08%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
4.67
-182,000
897,000
-%
May 15, 2024
BARCLAYS PLC
reduced
-43.68
-344,000
277,000
-%
May 15, 2024
Quarry LP
added
35.11
5,164
75,802
0.01%
May 15, 2024
Bayesian Capital Management, LP
sold off
-100
-225,905
-
-%

1–10 of 43

Are Funds Buying or Selling HE?

Are funds buying HE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HE
No. of Funds

Unveiling Hawaiian Electric Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2024
vanguard group inc
10.09%
11,059,244
SC 13G/A
Feb 13, 2024
vanguard group inc
9.94%
10,898,429
SC 13G/A
Jan 29, 2024
blackrock inc.
5.7%
6,232,689
SC 13G/A
Feb 09, 2023
vanguard group inc
11.53%
12,617,364
SC 13G/A
Jan 24, 2023
blackrock inc.
9.3%
10,211,814
SC 13G
Feb 09, 2022
vanguard group inc
10.48%
11,456,626
SC 13G/A
Feb 01, 2022
blackrock inc.
8.8%
9,627,036
SC 13G/A
May 07, 2021
blackrock inc.
10.5%
11,482,487
SC 13G/A
Feb 10, 2021
vanguard group inc
10.23%
11,164,598
SC 13G/A
Jan 29, 2021
blackrock inc.
8.4%
9,235,105
SC 13G/A

Recent SEC filings of Hawaiian Electric Industries Inc

View All Filings
Date Filed Form Type Document
May 15, 2024
8-K
Current Report
May 10, 2024
10-Q
Quarterly Report
May 10, 2024
8-K
Current Report
Apr 30, 2024
8-K
Current Report
Apr 10, 2024
SC 13G/A
Major Ownership Report
Mar 29, 2024
ARS
ARS
Mar 29, 2024
DEF 14A
DEF 14A
Mar 29, 2024
DEFA14A
DEFA14A
Mar 27, 2024
8-K
Current Report
Feb 29, 2024
10-K
Annual Report

Peers (Alternatives to Hawaiian Electric Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
698.2M
12.47% -9.52%
26.0K
3.6K
3.29% 8.78%
48.9B
19.3B
14.08% 6.97%
17.34
2.53
-2.13% 41.75%
26.1B
4.3B
15.91% -5.62%
27.17
6.05
10.78% 15.26%
19.9B
7.3B
3.93% -10.32%
17.28
2.75
-10.88% 5.77%
17.9B
4.1B
3.59% 2.86%
17.91
4.41
-11.13% 20.48%
17.2B
28.5B
12.08% 145.94%
10.44
0.6
-9.05% 188.86%
15.1B
12.5B
31.78% 2.75%
-2.3K
1.21
-3.77% 98.49%
13.9B
8.3B
-0.61% -7.27%
15.54
1.68
0.05% 30.98%
MID-CAP
8.9B
4.7B
9.02% 0.32%
16.53
1.89
4.84% 12.15%
3.6B
1.7B
8.54% 2.16%
15.12
2.11
-1.93% 32.23%
3.0B
1.9B
13.79% -9.74%
15.98
1.6
9.47% 35.66%
SMALL-CAP
449.2M
187.0M
18.84% 49.37%
13.94
2.4
74.12% 297.37%
211.5M
3.0M
45.12% -34.59%
-7.66
71.39
94.10% 6.65%
35.4M
415.8M
1.48% -12.04%
1.49
0.09
-11.16% 525.10%
8.7M
867.4K
-11.11% -35.00%
-9.31
9.96
-88.45% 77.17%

Hawaiian Electric Industries Inc News

Latest updates
Defense World • 22 hours ago
The Motley Fool • 6 months ago
The Wall Street Journal • 6 months ago

Hawaiian Electric Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-6.2%8979569028969281,0191,042896785770757680643652641609677726771715662
Costs and Expenses-5.2%821865827803835926940809686681660578545572542537617625674643584
EBITDA Margin-1.4%0.19*0.20*0.17*0.17*0.17*0.18*0.19*0.20*0.22*0.23*0.24*0.25*---------
Interest Expenses-100.0%-18.0063.0063.0065.00-69.7566.0062.0059.00-78.7560.0061.0057.00-75.2457.0057.0061.00-77.8862.0061.0064.00
Income Taxes52.4%12.008.008.0014.0015.0013.0017.0013.0018.0015.0014.0019.0015.0010.0014.0011.006.0015.0015.0010.0012.00
Earnings Before Taxes-4.7%54.0057.0049.0069.0070.0071.0080.0066.0087.0070.0078.0083.0080.0061.0080.0060.0040.0082.0079.0053.0058.00
EBT Margin-5.7%0.06*0.07*0.07*0.07*0.07*0.08*0.09*0.09*0.11*0.11*0.11*0.12*---------
Net Income-15.3%42.0050.0042.0055.0055.0058.0063.0053.0069.0055.0064.0064.0064.0051.0066.0049.0033.0067.0064.0043.0046.00
Net Income Margin-5.5%0.05*0.05*0.06*0.06*0.06*0.06*0.07*0.08*0.08*0.09*0.09*0.09*---------
Free Cashflow184.7%25.00-29.60-2.9779.0057.0013450.00-86.5313.0013.0079.002.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.9%16,92317,24416,99216,51916,44416,28416,26516,00215,90815,82315,76015,60715,35915,00414,54214,48113,84913,74513,51813,53813,360
  Current Assets-100.0%-1,0391,153879874881925862692667636590-15.14520-45.44-30.44543624549-49.87-25.53
    Cash Equivalents-26.0%503680667314315200175160302306228247278359193574206228177199186
  Net PPE0.5%6,1846,1505,9175,8685,7795,6875,6005,4295,4125,3925,3355,3105,2845,2665,2325,1815,1505,1105,0064,9324,867
  Goodwill0%82.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.0082.00
Liabilities-2.4%14,51214,86514,73314,23614,17214,04714,06813,73413,57013,39713,34213,20513,00312,63212,18512,15511,53811,43111,24111,29511,142
  Current Liabilities-100.0%-730813719698834728667586588554524-15.29573-45.44-30.44-57.54763743-49.87-25.53
  Short Term Borrowings------88.0097.0055.006.00--38.00-50.00---89.00-16256.00
  Long Term Debt-0.2%2,8382,8422,9452,5722,4812,3852,4302,3752,3162,3222,2452,2582,2302,1192,0692,0702,0681,9641,8851,8841,880
    LT Debt, Current---10010010010052.0052.0052.0052.00-----14.0014.0096.0096.0082.0082.00
    LT Debt, Non Current-100.0%-1,9341,9341,7351,7341,5851,6851,6851,6251,6241,6761,6761,6761,561--1,4971,4021,322-1,337
Shareholder's Equity1.4%2,3772,3452,2242,2492,2382,2022,1632,2342,3042,3912,3842,3672,3212,3382,3232,2912,2772,2802,2432,2092,184
  Retained Earnings4.5%969927878876861846827803789758741714688660646617604622591562554
  Additional Paid-In Capital-100.0%-358811811356811355355355354353353747747351715715715349681348
Accumulated Depreciation1.7%3,3743,3183,3413,2933,2423,1933,1693,1223,0773,0283,0402,9952,9482,9032,8732,8402,8042,7662,7622,7222,686
Shares Outstanding0.1%110110110110110109109109109109109109---------
Float----3,968---4,477---4,622---3,937---4,746-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations63.3%12576.00104191181241138-17.9493.0010815076.0042.0011711513661.0017120856.0077.00
  Share Based Compensation-42.8%1.002.002.004.002.003.002.003.002.002.001.003.003.000.001.002.002.002.002.004.002.00
Cashflow From Investing-105.0%-5.59112-86.78-145-137-333-297-269-227-194-213-253-518-269-515-368-260-168-98.30-192-82.98
Cashflow From Financing-76.3%-310-176346-45.4471.0011817414513116043.0014440929612.0060020848.00-13114823.00
  Dividend Payments---34.0039.0039.0038.0038.0038.0038.0037.0037.0037.0037.0036.0036.0036.0036.0035.0035.0035.0035.00
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HE Income Statement

2024-03-31
Condensed Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Revenues$ 897,158$ 928,237
Expenses  
Total expenses820,739834,719
Operating income (loss)  
Total operating income76,41993,518
Retirement defined benefits credit—other than service costs1,2821,152
Interest expense, net—other than on deposit liabilities and other bank borrowings(31,591)(28,798)
Allowance for borrowed funds used during construction1,3861,131
Allowance for equity funds used during construction3,6403,301
Interest income3,1330
Income before income taxes54,26970,304
Income taxes11,67415,110
Net income (loss)42,59555,194
Preferred stock dividends of subsidiaries473473
Net income for common stock$ 42,122$ 54,721
Basic earnings per common share (in dollars per share)$ 0.38$ 0.50
Diluted earnings per common share (in dollars per share)$ 0.38$ 0.50
Weighted-average number of common shares outstanding (in shares)110,218109,514
Net effect of potentially dilutive shares (share-based compensation programs) (in shares)258311
Weighted-average shares assuming dilution (in shares)110,476109,825
Electric utility  
Revenues  
Revenues$ 788,578$ 830,361
Expenses  
Total expenses725,223754,486
Operating income (loss)  
Total operating income63,35575,875
Income before income taxes50,90061,108
Income taxes11,18013,600
Net income (loss)39,72047,508
Preferred stock dividends of subsidiaries499499
Net income for common stock39,22147,009
Bank  
Revenues  
Revenues105,14493,857
Expenses  
Total expenses79,61270,337
Operating income (loss)  
Total operating income25,53223,520
Income before income taxes25,81323,707
Income taxes4,8795,145
Net income (loss)20,93418,562
Preferred stock dividends of subsidiaries00
Net income for common stock20,93418,562
Other  
Revenues  
Revenues3,4364,019
Expenses  
Total expenses15,9049,896
Operating income (loss)  
Total operating income(12,468)(5,877)
Income before income taxes(22,444)(14,511)
Income taxes(4,385)(3,635)
Net income (loss)(18,059)(10,876)
Preferred stock dividends of subsidiaries(26)(26)
Net income for common stock$ (18,033)$ (10,850)

HE Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and cash equivalents$ 485,192$ 679,546
Restricted cash17,53115,028
Accounts receivable and unbilled revenues, net469,298575,176
Available-for-sale investment securities, at fair value1,091,8891,136,439
Held-to-maturity investment securities, at amortized cost1,191,0741,201,314
Stock in Federal Home Loan Bank, at cost32,48914,728
Loans held for investment, net6,045,6656,106,438
Loans held for sale, at lower of cost or fair value2,92315,168
Property, plant and equipment, net of accumulated depreciation of $3,374,016 and $3,317,759 at March 31, 2024 and December 31, 2023, respectively6,183,5036,150,126
Operating lease right-of-use assets91,18294,905
Regulatory assets315,067294,804
Other915,205877,959
Goodwill82,19082,190
Total assets16,923,20817,243,821
Liabilities  
Accounts payable248,806247,462
Interest and dividends payable61,45251,206
Deposit liabilities8,005,0648,145,778
Other bank borrowings593,000750,000
Long-term debt, net—other than bank2,837,8752,842,429
Deferred income taxes299,012297,954
Operating lease liabilities99,611103,900
Finance lease liabilities350,290339,040
Regulatory liabilities1,159,8111,150,690
Defined benefit pension and other postretirement benefit plans liability84,55482,879
Other772,060853,349
Total liabilities14,511,53514,864,687
Preferred stock of subsidiaries - not subject to mandatory redemption34,29334,293
Commitments and contingencies (Notes 2, 4 and 5)
Shareholders’ equity  
Preferred stock, no par value, authorized 10,000,000 shares; issued: none00
Common stock, no par value, authorized 200,000,000 shares; issued and outstanding: 110,302,667 shares and 110,151,798 shares at March 31, 2024 and December 31, 2023, respectively1,707,6891,707,471
Retained earnings968,842926,720
Accumulated other comprehensive loss, net of tax benefits(299,151)(289,350)
Total shareholders’ equity2,377,3802,344,841
Total liabilities and shareholders’ equity$ 16,923,208$ 17,243,821
HE
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and non-regulated renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates through 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 community 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. This segment operates branches in Oahu, Maui, Hawaii, Kauai, and Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.
 CEO
 WEBSITEhei.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES3640

Hawaiian Electric Industries Inc Frequently Asked Questions


What is the ticker symbol for Hawaiian Electric Industries Inc? What does HE stand for in stocks?

HE is the stock ticker symbol of Hawaiian Electric Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hawaiian Electric Industries Inc (HE)?

As of Fri May 17 2024, market cap of Hawaiian Electric Industries Inc is 1.27 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HE stock?

You can check HE's fair value in chart for subscribers.

What is the fair value of HE stock?

You can check HE's fair value in chart for subscribers. The fair value of Hawaiian Electric Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hawaiian Electric Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hawaiian Electric Industries Inc a good stock to buy?

The fair value guage provides a quick view whether HE is over valued or under valued. Whether Hawaiian Electric Industries Inc is cheap or expensive depends on the assumptions which impact Hawaiian Electric Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HE.

What is Hawaiian Electric Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, HE's PE ratio (Price to Earnings) is 6.74 and Price to Sales (PS) ratio is 0.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Hawaiian Electric Industries Inc's stock?

In the past 10 years, Hawaiian Electric Industries Inc has provided -0.058 (multiply by 100 for percentage) rate of return.