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Hawaiian Electric Industries Inc HE Stock Quote

| Rating as of

NYSE: HE

Last close prices updated as of Jan 27, 2023, 9:52 AM EST | USD | BATS BZX Real-Time Price
  • Last Close 41.48
  • Sector Utilities
  • Industry Utilities - Diversified
  • Investment Style Small Blend
  • Day Range 41.40  –  41.54
  • Year Range 33.18  –  44.72
  • Market Cap 4.5375 Bil
  • Volume / Avg 4,418.0 /  351,266.3
  • Price / Sales 1.30
  • Price / Book 2.10
  • Forward Div Yield 3.41%
  • Trailing Div Yield 3.38%

Morningstar‘s Stock Analysis HE

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

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Economic Moat

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Capital Allocation

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Hawaiian Electric Must Work to Successfully Navigate Performance Mechanisms

Andrew Bischof Strategist

Business Strategy and Outlook

| Andrew Bischof |

Hawaiian Electric Industries derives approximately three fourths of consolidated earnings from an electric utility and the remaining from Hawaii-based American Savings Bank, a business mix unique among its utility peers. The Hawaiian economy, driven in large part by tourism, affects both businesses.

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Key Statistics HE

Company Profile HE

Business Description

Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's third-largest financial institution, American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai. Nearly 40% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.

Contact
1001 Bishop Street, Suite 2900
Honolulu, HI, 96813
Industry Utilities - Diversified
Employees 3,649

Related Articles HE

FAQs for Hawaiian Electric Industries Inc Stock

Yes. HE has a forward dividend yield of 3.41%. See HE’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

HE’s market cap is 4.54 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

HE’s stock style is Small Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

HE’s price/sales is 1.30.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

HE’s price/forward earnings is 18.08.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

HE’s price/book is 2.10.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See HE’s valuation ratios compared to the Market Index.

HE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare HE’s historical performance against its industry peers and the overall market.