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

10.88USD-0.07 (-0.64%)Market Closed

Market Summary

USD10.88-0.07

Market Closed

-0.64%

HE Stock Price

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HE RSI Chart

HE Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

5.97

Price/Sales (Trailing)

0.33

EV/EBITDA

4.66

Price/Free Cashflow

11.62

HE Price/Sales (Trailing)

HE Profitability

EBT Margin

6.67%

Return on Equity

8.56%

Return on Assets

1.16%

Free Cashflow Yield

8.61%

HE Fundamentals

HE Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

-6.16%

Rev. Growth (Qtr)

6.04%

HE Earnings

Earnings (TTM)

200.7M

Earnings Growth (Yr)

-14.68%

Earnings Growth (Qtr)

19.59%

Breaking Down HE Revenue

Last 7 days

11.4%

Last 30 days

-1.1%

Last 90 days

-20.9%

Trailing 12 Months

-71.5%

How does HE drawdown profile look like?

HE Financial Health

Current Ratio

1.42

Debt/Equity

1.21

Debt/Cashflow

0.19

HE Investor Care

Dividend Yield

9.93%

Dividend/Share (TTM)

1.08

Shares Dilution (1Y)

0.62%

Diluted EPS (TTM)

1.81

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	3.9B	3.9B	3.7B	3.7B
2022	3.0B	3.2B	3.5B	3.7B
2021	2.5B	2.6B	2.7B	2.9B
2020	2.9B	2.8B	2.7B	2.6B
2019	2.9B	2.9B	2.9B	2.9B
2018	2.6B	2.7B	2.8B	2.9B
2017	2.4B	2.5B	2.5B	2.6B
2016	2.5B	2.5B	2.4B	2.4B
2015	3.1B	2.9B	2.8B	2.6B
2014	3.2B	3.2B	3.3B	3.2B
2013	3.3B	3.3B	3.2B	3.2B
2012	3.3B	3.4B	3.4B	3.4B
2011	2.8B	2.9B	3.1B	3.2B
2010	2.4B	2.5B	2.6B	2.7B
2009	0	2.9B	2.6B	2.3B
2008	0	0	0	3.2B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Hawaiian Electric Industries Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold HE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	new	-	12,397	12,397	-%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-32.81	-75,030	99,187	-%
Apr 23, 2024	WASHINGTON TRUST Co	unchanged	-	-2,190	8,453	-%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	unchanged	-	-958	2,042	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-30.48	-192,000	238,000	-%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-468	-	-%
Apr 23, 2024	Venturi Wealth Management, LLC	new	-	3,686	3,686	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-20.02	-94,445	164,452	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-22.27	-232,538	375,131	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-1.89	3,503	30,253	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
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
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading

Peers (Alternatives to Hawaiian Electric Industries Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AEP	44.8B	19.0B	4.22%	-8.49%	20.26	2.36	-3.35%	-4.03%
AWK	23.6B	4.2B	3.63%	-20.36%	25.04	5.58	11.66%	15.12%
AEE	19.9B	7.5B	4.59%	-17.67%	17.2	2.65	-5.74%	7.23%
ATO	17.9B	3.9B	2.22%	2.07%	19.35	4.53	-15.47%	16.09%
NRG	15.1B	28.8B	6.59%	113.21%	-74.78	0.52	-8.62%	-116.54%
AGR	14.3B	8.3B	3.52%	-9.97%	15.99	1.73	0.05%	30.98%
AES	12.3B	12.7B	5.59%	-26.15%	61.84	0.97	0.40%	141.39%
CPK	2.4B	670.6M	1.65%	-16.34%	27.23	3.54	-1.48%	-2.88%
MID-CAP
PNW	8.5B	4.7B	2.70%	-7.89%	16.3	1.8	8.59%	3.59%
ALE	3.5B	1.9B	2.48%	-5.47%	13.97	1.84	19.68%	30.53%
AVA	2.8B	1.7B	6.05%	-19.70%	16.34	1.61	2.36%	10.31%
SMALL-CAP
CWCO	394.3M	180.2M	-16.11%	45.99%	13.26	2.19	91.50%	388.02%
CDZI	152.2M	2.0M	-10.28%	-45.17%	-4.84	75.74	33.96%	-26.84%
VIA	35.0M	436.8M	-0.18%	4.11%	2.34	0.08	-5.23%	97.61%
CREG	8.8M	-	0.91%	-27.45%	-11.84	12.3	-88.45%	83.25%

Hawaiian Electric Industries Inc News

Latest updates

Hawaiian Electric Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	6.0%	956	902	896	928	1,019	1,042	896	785	770	757	680	643	652	641	609	677	726	771	715	662	762
Costs and Expenses	4.7%	865	827	803	835	926	940	809	686	681	660	578	545	572	542	537	617	625	674	643	584	677
EBITDA Margin	13.4%	0.20*	0.17*	0.17*	0.17*	0.18*	0.19*	0.20*	0.22*	0.23*	0.24*	0.25*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-71.9%	18.00	63.00	63.00	65.00	-69.75	66.00	62.00	59.00	-78.75	60.00	61.00	57.00	-75.24	57.00	57.00	61.00	-77.88	62.00	61.00	64.00	-75.06
Income Taxes	1.8%	8.00	8.00	14.00	15.00	13.00	17.00	13.00	18.00	15.00	14.00	19.00	15.00	10.00	14.00	11.00	6.00	15.00	15.00	10.00	12.00	14.00
Earnings Before Taxes	15.9%	57.00	49.00	69.00	70.00	71.00	80.00	66.00	87.00	70.00	78.00	83.00	80.00	61.00	80.00	60.00	40.00	82.00	79.00	53.00	58.00	64.00
EBT Margin	-3.7%	0.07*	0.07*	0.07*	0.07*	0.08*	0.09*	0.09*	0.11*	0.11*	0.11*	0.12*	-	-	-	-	-	-	-	-	-	-
Net Income	19.6%	50.00	42.00	55.00	55.00	58.00	63.00	53.00	69.00	55.00	64.00	64.00	64.00	51.00	66.00	49.00	33.00	67.00	64.00	43.00	46.00	50.00
Net Income Margin	-2.5%	0.05*	0.06*	0.06*	0.06*	0.06*	0.07*	0.08*	0.08*	0.09*	0.09*	0.09*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-897.3%	-29.60	-2.97	79.00	57.00	134	50.00	-86.53	13.00	13.00	79.00	2.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.5%	17,244	16,992	16,519	16,444	16,284	16,265	16,002	15,908	15,823	15,760	15,607	15,359	15,004	14,542	14,481	13,849	13,745	13,518	13,538	13,360	13,104
Current Assets	-9.8%	1,039	1,153	879	874	881	925	862	692	667	636	590	-15.14	520	-45.44	-30.44	543	624	549	-49.87	-25.53	580
Cash Equivalents	1.9%	680	667	314	315	200	175	160	302	306	228	247	278	359	193	574	206	228	177	199	186	169
Net PPE	3.9%	6,150	5,917	5,868	5,779	5,687	5,600	5,429	5,412	5,392	5,335	5,310	5,284	5,266	5,232	5,181	5,150	5,110	5,006	4,932	4,867	4,830
Goodwill	0%	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00
Liabilities	0.9%	14,865	14,733	14,236	14,172	14,047	14,068	13,734	13,570	13,397	13,342	13,205	13,003	12,632	12,185	12,155	11,538	11,431	11,241	11,295	11,142	10,907
Current Liabilities	-10.1%	730	813	719	698	834	728	667	586	588	554	524	-15.29	573	-45.44	-30.44	-57.54	763	743	-49.87	-25.53	531
Short Term Borrowings	-	-	-	-	-	88.00	97.00	55.00	6.00	-	-	38.00	-	50.00	-	-	-	89.00	-	162	56.00	25.00
Long Term Debt	-3.5%	2,842	2,945	2,572	2,481	2,385	2,430	2,375	2,316	2,322	2,245	2,258	2,230	2,119	2,069	2,070	2,068	1,964	1,885	1,884	1,880	1,880
LT Debt, Current	-100.0%	-	100	100	100	100	52.00	52.00	52.00	52.00	-	-	-	-	-	14.00	14.00	96.00	96.00	82.00	82.00	-
LT Debt, Non Current	0.0%	1,934	1,934	1,735	1,734	1,585	1,685	1,685	1,625	1,624	1,676	1,676	1,676	1,561	-	-	1,497	1,402	1,322	-	1,337	1,419
Shareholder's Equity	5.4%	2,345	2,224	2,249	2,238	2,202	2,163	2,234	2,304	2,391	2,384	2,367	2,321	2,338	2,323	2,291	2,277	2,280	2,243	2,209	2,184	2,162
Retained Earnings	5.6%	927	878	876	861	846	827	803	789	758	741	714	688	660	646	617	604	622	591	562	554	544
Additional Paid-In Capital	-55.8%	358	811	811	356	811	355	355	355	354	353	353	747	747	351	715	715	715	349	681	348	681
Accumulated Depreciation	-0.7%	3,318	3,341	3,293	3,242	3,193	3,169	3,122	3,077	3,028	3,040	2,995	2,948	2,903	2,873	2,840	2,804	2,766	2,762	2,722	2,686	2,659
Shares Outstanding	0.1%	110	110	110	110	109	109	109	109	109	109	109	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	3,968	-	-	-	4,477	-	-	-	4,622	-	-	-	3,937	-	-	-	4,746	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-26.3%	76.00	104	191	181	241	138	-17.94	93.00	108	150	76.00	42.00	117	115	136	61.00	171	208	56.00	77.00	242
Share Based Compensation	-4.7%	2.00	2.00	4.00	2.00	3.00	2.00	3.00	2.00	2.00	1.00	3.00	3.00	0.00	1.00	2.00	2.00	2.00	2.00	4.00	2.00	2.00
Cashflow From Investing	229.3%	112	-86.78	-145	-137	-333	-297	-269	-227	-194	-213	-253	-518	-269	-515	-368	-260	-168	-98.30	-192	-82.98	-250
Cashflow From Financing	-150.9%	-176	346	-45.44	71.00	118	174	145	131	160	43.00	144	409	296	12.00	600	208	48.00	-131	148	23.00	6.00
Dividend Payments	-100.0%	-	34.00	39.00	39.00	38.00	38.00	38.00	38.00	37.00	37.00	37.00	37.00	36.00	36.00	36.00	36.00	35.00	35.00	35.00	35.00	34.00

HE Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Total revenues	$ 3,682,166	$ 3,741,985	$ 2,850,379
Expenses
Total expenses	3,329,562	3,360,912	2,464,313
Operating income (loss)
Operating income	352,604	381,073	386,066
Retirement defined benefits credit—other than service costs	4,768	4,411	5,848
Interest expense, net – other than on deposit liabilities and other bank borrowings	(125,532)	(103,402)	(94,363)
Allowance for borrowed funds used during construction	5,201	3,416	3,250
Allowance for equity funds used during construction	15,164	10,574	9,534
Interest income	9,105	0	0
Gain (loss) on sales of investment securities, net and equity-method investment	(15,609)	8,123	528
Income before income taxes	245,701	304,195	310,863
Income taxes	44,573	61,167	62,807
Net income	201,128	243,028	248,056
Preferred stock dividends of Hawaiian Electric	1,890	1,890	1,890
Net income for common stock	$ 199,238	$ 241,138	$ 246,166
Basic earnings per common share (in dollars per share)	$ 1.82	$ 2.20	$ 2.25
Diluted earnings per common share (in dollars per share)	$ 1.81	$ 2.20	$ 2.25
Weighted-average number of common shares outstanding (in shares)	109,739	109,434	109,282
Net effect of potentially dilutive shares (share-based compensation programs) (in shares)	299	344	298
Weighted-average shares assuming dilution (in shares)	110,038	109,778	109,580
Electric utility
Revenues
Total revenues	$ 3,269,521	$ 3,408,587	$ 2,539,636
Expenses
Total expenses	2,967,363	3,109,396	2,260,078
Operating income (loss)
Operating income	302,158	299,191	279,558
Interest income	6,454
Income before income taxes	247,140	240,600	223,785
Income taxes	51,193	49,676	44,148
Net income	195,947	190,924	179,637
Preferred stock dividends of Hawaiian Electric	1,995	1,995	1,995
Net income for common stock	193,952	188,929	177,642
Bank
Revenues
Total revenues	394,663	321,068	306,398
Expenses
Total expenses	317,051	219,550	178,195
Operating income (loss)
Operating income	77,612	101,518	128,203
Interest income	0
Income before income taxes	63,401	102,241	130,559
Income taxes	10,039	22,252	29,325
Net income	53,362	79,989	101,234
Preferred stock dividends of Hawaiian Electric	0	0	0
Net income for common stock	53,362	79,989	101,234
Other
Revenues
Total revenues	17,982	12,330	4,345
Expenses
Total expenses	45,148	31,966	26,040
Operating income (loss)
Operating income	(27,166)	(19,636)	(21,695)
Interest income	2,651
Income before income taxes	(64,840)	(38,646)	(43,481)
Income taxes	(16,659)	(10,761)	(10,666)
Net income	(48,181)	(27,885)	(32,815)
Preferred stock dividends of Hawaiian Electric	(105)	(105)	(105)
Net income for common stock	$ (48,076)	$ (27,780)	$ (32,710)

HE Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 679,546	$ 199,877
Restricted cash	15,028	5,050
Accounts receivable and unbilled revenues, net	575,176	511,903
Available-for-sale investment securities, at fair value	1,136,439	1,429,667
Held-to-maturity investment securities, at amortized cost	1,201,314	1,251,747
Stock in Federal Home Loan Bank, at cost	14,728	26,560
Loans held for investment, net	6,106,438	5,906,690
Loans held for sale, at lower of cost or fair value	15,168	824
Property, plant and equipment, net
Land	106,999	109,381
Plant and equipment	8,695,942	8,427,749
Right-of-use assets - finance lease	342,834	49,370
Construction in progress	322,110	293,048
Property, plant and equipment, gross	9,467,885	8,879,548
Less – accumulated depreciation	(3,317,759)	(3,192,545)
Total property, plant and equipment, net	6,150,126	5,687,003
Operating lease right-of-use-assets	94,905	115,684
Regulatory assets	294,804	242,513
Other	877,959	824,536
Goodwill	82,190	82,190
Total assets	17,243,821	16,284,244
Liabilities
Accounts payable	247,462	251,460
Interest and dividends payable	51,206	21,333
Deposit liabilities	8,145,778	8,169,696
Short-term borrowings—other than bank	0	172,568
Other bank borrowings	750,000	695,120
Long-term debt, net—other than bank	2,842,429	2,384,980
Deferred income taxes	297,954	262,462
Operating lease liabilities	103,900	126,604
Finance lease liabilities	339,040	48,709
Regulatory liabilities	1,150,690	1,055,650
Defined benefit pension and other postretirement benefit plans liability	82,879	71,813
Other	853,349	787,057
Total liabilities	14,864,687	14,047,452
Preferred stock of subsidiaries - not subject to mandatory redemption	34,293	34,293
Commitments and contingencies (Notes 3 and 4)
Shareholders’ equity
Preferred stock, no par value, authorized 10,000,000 shares; issued: none	0	0
Common stock, no par value, authorized 200,000,000 shares; issued and outstanding: 110,151,798 shares and 109,470,795 shares at December 31, 2023 and 2022, respectively	1,707,471	1,692,697
Retained earnings	926,720	845,830
Accumulated other comprehensive income (loss), net of taxes
Net unrealized losses on securities	(282,963)	(328,904)
Unrealized gains on derivatives	1,638	1,991
Retirement benefit plans	(8,025)	(9,115)
Accumulated other comprehensive income (loss), net of taxes	(289,350)	(336,028)
Total shareholders’ equity	2,344,841	2,202,499
Total capitalization and liabilities	$ 17,243,821	$ 16,284,244

About Hawaiian Electric Industries Inc

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	Mr. Scott W. H. Seu
WEBSITE	hei.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	3640

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 Wed Apr 24 2024, market cap of Hawaiian Electric Industries Inc is 1.2 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 Wed Apr 24 2024, HE's PE ratio (Price to Earnings) is 5.97 and Price to Sales (PS) ratio is 0.33. 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 -0.066 (multiply by 100 for percentage) rate of return.