Hawaiian Electric Industries (HE)
(Delayed Data from NYSE)
$9.88 USD
-0.62 (-5.90%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $9.88 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth A Momentum A VGM
Company Summary
Honolulu-based Hawaiian Electric Industries Inc., incorporated in 1981, is a holding company with subsidiaries engaged in the electric utility, banking and other businesses operating primarily in the state of Hawaii.
The company currently has three reportable segments:
Electric utility: This segment includes Hawaiian Electric and its operating utility subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric), which are regulated electric public utilities that provide essential electric services to approximately 95% of Hawaii’s population. They do so through the ...
Company Summary
Honolulu-based Hawaiian Electric Industries Inc., incorporated in 1981, is a holding company with subsidiaries engaged in the electric utility, banking and other businesses operating primarily in the state of Hawaii.
The company currently has three reportable segments:
Electric utility: This segment includes Hawaiian Electric and its operating utility subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric), which are regulated electric public utilities that provide essential electric services to approximately 95% of Hawaii’s population. They do so through the operation of five separate grids that serve communities on the islands of Oahu, Hawaii, Maui, Lanai and Molokai. These islands comprise a service area of 5,815 square miles. In 2023, the electric utilities’ revenues worth $0.85 billion accounted for approximately 89% of the company’s consolidated revenues.
Bank: American Savings Bank (“ASB”) is one of the largest financial institutions headquartered in the State of Hawaii, with assets worth $9.7 billion and deposits of $8.1 billion as of Dec 31, 2023. In 2023, Bank revenues worth $0.10 billion accounted for approximately 11% of the company’s consolidated revenues.
Other: Hawaiian Electric’s “Other” businesses segment is composed of HEI’s corporate-level operating, general and administrative expenses and the results of Pacific Current, LLC (Pacific Current). Pacific Current was formed in September 2017 to focus on investing in non-regulated clean energy and sustainable infrastructure in the State of Hawaii to help reach the state’s sustainability goals. The “Other” segment also includes ASB Hawaii, Inc. (ASB Hawaii) (a holding company, formerly known as American Savings Holdings, Inc.), which owns ASB. In 2023, Other revenues worth $0.04 billion accounted for approximately 11% of the company’s consolidated revenues.
General Information
Hawaiian Electric Industries, Inc
1001 Bishop Street Suite 2900
Honolulu, HI 96813
Phone: 808-543-5662
Fax: 808-543-7966
Web: http://www.hei.com
Email: ir@hei.com
Industry | Utility - Electric Power |
Sector | Utilities |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 5/10/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.41 |
Current Year EPS Consensus Estimate | 1.98 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 5/10/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 10.50 |
52 Week High | 40.16 |
52 Week Low | 8.74 |
Beta | 0.53 |
20 Day Moving Average | 2,872,342.50 |
Target Price Consensus | 9.75 |
4 Week | -12.33 |
12 Week | -26.21 |
YTD | -30.37 |
4 Week | -9.68 |
12 Week | -28.26 |
YTD | -34.88 |
Shares Outstanding (millions) | 110.30 |
Market Capitalization (millions) | 1,089.79 |
Short Ratio | NA |
Last Split Date | 6/14/2004 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | -0.60 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 4.99 |
Trailing 12 Months | 4.84 |
PEG Ratio | NA |
vs. Previous Year | -7.69% |
vs. Previous Quarter | -14.29% |
vs. Previous Year | -5.67% |
vs. Previous Quarter | 6.59% |
Price/Book | 0.46 |
Price/Cash Flow | 3.20 |
Price / Sales | 0.30 |
3/31/24 | NA |
12/31/23 | 9.99 |
9/30/23 | 10.32 |
3/31/24 | NA |
12/31/23 | 1.35 |
9/30/23 | 1.39 |
3/31/24 | NA |
12/31/23 | 0.13 |
9/30/23 | 0.13 |
3/31/24 | NA |
12/31/23 | 0.13 |
9/30/23 | 0.13 |
3/31/24 | NA |
12/31/23 | 6.13 |
9/30/23 | 6.14 |
3/31/24 | NA |
12/31/23 | 5.45 |
9/30/23 | 5.60 |
3/31/24 | NA |
12/31/23 | 6.67 |
9/30/23 | 6.93 |
3/31/24 | NA |
12/31/23 | 21.29 |
9/30/23 | 20.20 |
3/31/24 | NA |
12/31/23 | NA |
9/30/23 | NA |
3/31/24 | NA |
12/31/23 | 1.21 |
9/30/23 | 1.32 |
3/31/24 | NA |
12/31/23 | 55.09 |
9/30/23 | 57.25 |