Hawaiian Electric Industries Stock Today
| HE Stock | USD 10.77 0.19 1.73% |
Performance4 of 100
| Odds Of DistressLess than 40
|
Hawaiian Electric is trading at 10.77 as of the 20th of September 2024, a 1.73 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.77. Hawaiian Electric has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Hawaiian Electric Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of October 2022 and ending today, the 20th of September 2024. Click here to learn more.
Business Domain Utilities | IPO Date 5th of November 1987 |
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewablesustainable infrastructure investment businesses in the state of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii. The company has 110.3 M outstanding shares of which 13.16 M shares are currently sold short in the market by investors with about 4.31 days to cover all shorted shares. More on Hawaiian Electric Industries
Moving against Hawaiian Stock
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Hawaiian Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Richard Wacker | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Hanwei Energy Services Corp. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, Utilities, Electric Utilities, Utilities—Diversified, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsHawaiian Electric can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hawaiian Electric's financial leverage. It provides some insight into what part of Hawaiian Electric's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Hawaiian Electric Industries (HE) is traded on New York Stock Exchange in USA. It is located in 1001 Bishop Street, Honolulu, HI, United States, 96813 and employs 3,597 people. Hawaiian Electric is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.33 B. Hawaiian Electric is active under Electric Utilities sector as part of Utilities industry. The entity has 110.3 M outstanding shares of which 13.16 M shares are currently sold short in the market by investors with about 4.31 days to cover all shorted shares.
Hawaiian Electric Industries reports about 199.88 M in cash with 551.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46.
Check Hawaiian Electric Probability Of Bankruptcy
Ownership AllocationHawaiian Electric Industries has a total of 110.3 Million outstanding shares. Over half of Hawaiian Electric's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hawaiian Ownership Details
Hawaiian Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Voloridge Investment Management, Llc | 2024-06-30 | 1.4 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.3 M | |
| First Trust Advisors L.p. | 2024-06-30 | 1.3 M | |
| Trexquant Investment Lp | 2024-06-30 | 962.2 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 866.7 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 638.2 K | |
| Gabelli Funds Llc | 2024-06-30 | 517 K | |
| Northern Trust Corp | 2024-06-30 | 505.1 K | |
| Capital Fund Management Sa | 2024-06-30 | 437.6 K | |
| Vanguard Group Inc | 2024-06-30 | 11.5 M | |
| Blackrock Inc | 2024-06-30 | 11.2 M |
Hawaiian Electric Historical Income Statement
Hawaiian Stock Against Markets
Hawaiian Electric Corporate Directors
| Richard Dahl | Independent Director | Profile | |
| Mateo Garcia | Director Relations | Profile | |
| Eva Zlotnicka | Independent Director | Profile | |
| Mary Powell | Independent Director | Profile |
Additional Information and Resources on Investing in Hawaiian Stock
When determining whether Hawaiian Electric is a strong investment it is important to analyze Hawaiian Electric's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hawaiian Electric's future performance. For an informed investment choice regarding Hawaiian Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hawaiian Electric Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hawaiian Electric. If investors know Hawaiian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hawaiian Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Earnings Share (10.56) | Revenue Per Share 33.178 | Quarterly Revenue Growth 0.002 | Return On Assets (0.05) |
The market value of Hawaiian Electric is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Electric's value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hawaiian Electric's market value can be influenced by many factors that don't directly affect Hawaiian Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hawaiian Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hawaiian Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.