Hawaiian Electric Industries, Inc. (HE)

US — Utilities Sector
Peers: DTE  LNT  AEE  CNP  PNW  CMS  MGEE  EVRG  POR  PNM  OGE  ETR  ETI-P  EBR  IDA 

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Key Metrics & Ratings

  • symbol HE
  • Rev/Share 17.7806
  • Book/Share 8.9297
  • PB 1.1992
  • Debt/Equity 0.6534
  • CurrentRatio 1.2485
  • ROIC -0.1654

 

  • MktCap 1806012180.0
  • FreeCF/Share 0.6092
  • PFCF 17.1882
  • PE -1.2544
  • Debt/Assets 0.1122
  • DivYield 0
  • ROE -1.0074

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 4
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade HE Evercore ISI In-line Outperform $12 $14 March 7, 2025
Initiation HE Barclays -- Equal Weight -- $10 Feb. 7, 2025
Initiation HE Jefferies -- Hold -- $11.5 Dec. 3, 2024
Upgrade HE Wells Fargo Underweight Equal Weight -- $14 Aug. 23, 2024

News

The Dark Side Of Infrastructure Stock Investing
AQN, B, BAM, BEP, BEPC, BIP, BIPC, BLK, BN, BX, ET, HE, MSFT, PAX, UTF, XIFR
Published: May 15, 2025 by: Seeking Alpha
Sentiment: Negative

Infrastructure stocks are my favorite place to invest. However, there is a dark side to investing in infrastructure stocks. I share what this dark side is and how to position your infrastructure portfolio for long-term outperformance.

Read More
image for news The Dark Side Of Infrastructure Stock Investing
Important Warning For Utility Stocks: 2 Major Risks You Need To See Before Buying
ACLLF, BIP, BIPC, CDUAF, EIX, ENB, FTS, HE, UTF, UTG, XLU
Published: May 09, 2025 by: Seeking Alpha
Sentiment: Negative

Utilities have outperformed the market—here's why that trend could suddenly reverse. Warren Buffett issued a chilling warning about utilities—investors should take notice. We share our current outlook on utilities stocks as well as some of our top picks of the moment.

Read More
image for news Important Warning For Utility Stocks: 2 Major Risks You Need To See Before Buying
Swap Hawaiian Electric For Portland General Electric
HE, POR
Published: March 27, 2025 by: Seeking Alpha
Sentiment: Positive

Portland has a strong balance sheet. It is growing the investment base to drive earnings and EPS and dividend growth, while improving debt ratios. Hawaiian Electric has a weak balance sheet creating financial risk. It will take years to repair the balance sheet, and there are hurdles along the way. Portland appears to be far superior to Hawaiian Electric as an investment choice and provides an opportunity to exit Hawaiian Electric and still maintain an electric utility in a portfolio.

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image for news Swap Hawaiian Electric For Portland General Electric
Hawaiian Electric: There's Still A Lot Of Uncertainty
HE
Published: March 26, 2025 by: Seeking Alpha
Sentiment: Negative

Hawaiian Electric Industries, Inc.'s Q4 and full-year 2024 results show continued struggles due to the 2023 Maui Wildfires, with significant impacts on margins and profitability. The company faces a $1.7B utility expense and goodwill impairment, resulting in a deep net loss and high debt levels, despite having substantial cash reserves. The wildfire lawsuit settlement is a major uncertainty, with HE liable for $2B, requiring further financing that may pressure stock prices and margins.

Read More
image for news Hawaiian Electric: There's Still A Lot Of Uncertainty

About Hawaiian Electric Industries, Inc. (HE)

  • IPO Date 1964-07-18
  • Website https://www.hei.com
  • Industry Diversified Utilities
  • CEO Mr. Scott W. H. Seu
  • Employees 2587

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in 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 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in 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.