Hawaiian Electric Industries, Inc. (HE)

NYSE: HE · IEX Real-Time Price · USD
14.19
-0.18 (-1.25%)
At close: Dec 29, 2023, 4:00 PM
14.11
-0.08 (-0.56%)
After-hours: Dec 29, 2023, 7:56 PM EST
-1.25%
Market Cap 1.56B
Revenue (ttm) 3.74B
Net Income (ttm) 207.80M
Shares Out 110.12M
EPS (ttm) 1.89
PE Ratio 7.51
Forward PE 6.75
Dividend $1.08 (7.61%)
Ex-Dividend Date Aug 17, 2023
Volume 1,915,803
Open 14.26
Previous Close 14.37
Day's Range 14.00 - 14.30
52-Week Range 9.06 - 43.71
Beta 0.52
Analysts Sell
Price Target 16.75 (+18.04%)
Earnings Date Feb 13, 2024

About 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, geothe... [Read more]

Sector Utilities
Founded 1891
Employees 3,756
Stock Exchange NYSE
Ticker Symbol HE
Full Company Profile

Financial Performance

In 2022, HE's revenue was $3.74 billion, an increase of 31.28% compared to the previous year's $2.85 billion. Earnings were $241.14 million, a decrease of -2.04%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for HE stock is "Sell." The 12-month stock price forecast is $16.75, which is an increase of 18.04% from the latest price.

Price Target
$16.75
(18.04% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Hawaiian Electric pushes ahead with plan to retire aging fossil-fuel generators

Electricity provider Hawaiian Electric on Monday said it was advancing a plan to replace six fossil-fuel generators at a major power plant with renewable energy sources as it transitions to cleaner po...

20 days ago - Reuters

Hawaiian Electric's Waiau Repower Project Selected

HONOLULU--(BUSINESS WIRE)--Hawaiian Electric's Waiau repower project selected.

20 days ago - Business Wire

HAWAIIAN ELECTRIC ALERT: Bragar Eagel & Squire, P.C. is Investigating Hawaiian Electric Industries, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Hawaiian Electric Industries, Inc. (NYSE: HE...

5 weeks ago - Business Wire

HEI Reports Third Quarter 2023 Results

HONOLULU--(BUSINESS WIRE)--HEI Reports Third Quarter 2023 Results.

7 weeks ago - Business Wire

Hawaiian Electric supports One ‘Ohana Initiative with statewide partners to aid healing, path forward for Hawai'i

HONOLULU--(BUSINESS WIRE)--Hawaiian Electric supports One ‘Ohana Initiative with statewide partners to aid healing, path forward for Hawai'i.

7 weeks ago - Business Wire

Hawaiian Electric discussing new policy to mitigate wildfire risks

Utility firm Hawaiian Electric Industries said on Friday it was in discussions with the government and other parties to implement a new policy to de-energize power lines as a preventive measure to mit...

2 months ago - Reuters

American Savings Bank Reports Third Quarter 2023 Financial Results

HONOLULU--(BUSINESS WIRE)--American Savings Bank, F.S.B. (ASB), a wholly owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE - HE), today reported third quarter 2023 net income of $11.4 milli...

2 months ago - Business Wire

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Hawaiian Electric Investors of a Lead Plaintiff Deadline of October 23, 2023

NEW YORK , Oct. 23, 2023 /PRNewswire/ -- Attention Hawaiian Electric Industries, Inc. ("Hawaiian Electric") (NYSE: HE) shareholders: The Law Offices of Vincent Wong announce that a class action lawsui...

2 months ago - PRNewsWire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Hawaiian Electric Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 23, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hawaiian Electric Industries, ...

2 months ago - Accesswire

HE DEADLINE TOMORROW: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Hawaiian Electric Industries, Inc. Investors to Secure Counsel Before Important October 23 Deadline in Securities Class Action – HE

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hawaiian Electric Industries, Inc. (NYSE: HE) between February 28, 2019 and Augus...

2 months ago - Business Wire

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in Hawaiian Electric Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hawaiian Electric Industries, ...

2 months ago - Accesswire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Hawaiian Electric Industries, Inc. (HE)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming October 23, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of invest...

2 months ago - Business Wire

HE Investors Have Opportunity to Lead Hawaiian Electric Industries, Inc. Securities Fraud Lawsuit

BENSALEM, Pa. , Oct. 20, 2023 /PRNewswire/ -- Law Offices of Howard G.

2 months ago - PRNewsWire

HECLASS ACTION ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Announces Securities Class Action Lawsuit Filed Against Hawaiian Electric Industries, Inc. (HE)

RADNOR, Pa. , Oct. 19, 2023 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Hawaiian E...

2 months ago - PRNewsWire

HAWAIIAN ELECTRIC INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Hawaiian Electric To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities investing in Hawaiian Electric stock or options between February 28, 2019 and August 16, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi ...

2 months ago - PRNewsWire

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Hawaiian Electric Industries, Inc.(HE) Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Oct. 19, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Hawaiian Electric Industries, Inc. ("Hawaiian Electric" or the "Company") (NYSE: HE) of a class action securities l...

2 months ago - PRNewsWire

FILING DEADLINE--Kuznicki Law PLLC Announces Class Action on Behalf of Shareholders of Hawaiian Electric Industries, Inc. - HE

CEDARHURST, N.Y. , Oct. 18, 2023 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Hawaiian Electric Industries, Inc. (NYSE: HE), if they pur...

2 months ago - PRNewsWire

HE FINAL DEADLINE MONDAY: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Hawaiian Electric Industries, Inc. Investors to Secure Counsel Before Important October 23 Deadline in Securities Class Action - HE

NEW YORK , Oct. 18, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hawaiian Electric Industries, Inc. (NYSE: HE) between February 28,...

2 months ago - PRNewsWire

MONDAY DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Hawaiian Electric Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES , Oct. 18, 2023 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hawaiian Electric Industries, Inc....

2 months ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Hawaiian Electric Industries, Inc. of Class Action Lawsuit and Upcoming Deadline - HE

NEW YORK , Oct. 17, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Hawaiian Electric Industries, Inc. ("Hawaiian Electric" or the "Company") (NYSE: HE)...

2 months ago - PRNewsWire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Hawaiian Electric Industries, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 23, 2023 - (NYSE: HE)

NEW YORK , Oct. 17, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Hawaiian Electric Industries, Inc.. Shareholders who purchased shares of HE during the class ...

2 months ago - PRNewsWire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Hawaiian Electric Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hawaiian Electric Industries, ...

2 months ago - Accesswire

HEI to Announce Third Quarter 2023 Results November 9; American Savings Bank to Announce Third Quarter Results October 30

HONOLULU--(BUSINESS WIRE)--HEI to Announce Third Quarter 2023 Results November 9; American Savings Bank to Announce Third Quarter Results October 30.

2 months ago - Business Wire

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Hawaiian Electric Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hawaiian Electric Industries, ...

2 months ago - Accesswire

HAWAIIAN ELECTRIC SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Hawaiian Electric Industries, Inc. - HE

NEW ORLEANS , Oct. 13, 2023 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 23...

2 months ago - PRNewsWire