Hawaiian Electric Industries, Inc. HE
Nov 4, 2026, 2:56 PM EST
- YTD
- -31.83%
- 1 year
- -27.72%
- Market cap
- 1.45B
- Revenue (ttm)
- 3.28B
- Profit margin
- 6.82%
- EPS (ttm)
- 1.30
- Shares out
- 173.02M
- P/E ratio
- 6.45
- Forward P/E
- 8.23
- YTD return
- -31.83%
- 1-year return
- -27.72%
- Volume
- 3.07M
- Avg volume
- 2.92M
- Open
- 8.47
- Previous close
- 8.39
- Day's range
- 8.38 – 8.67
- 52-week range
- 8.21 – 17.08
- Beta
- 0.51
- Analysts
- Underperform
- Price target
- 8.63 (+2.9%)
- Earnings date
- Nov 6, 2026
2Y -1.94 (-18.69%)
Key statistics
- Enterprise value
- 4.08B
- PEG ratio
- 5.26
- Price / sales
- 0.44
- Price / book
- 0.82
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 25.90%
- Free cash flow
- 324.62M
- Total cash
- 238.73M
- Total debt
- 2.80B
- Return on equity
- 13.45%
- Short % of float
- 14.48%
- 50-day average
- 9.55
- 200-day average
- 13.11
Analyst view
Consensus: underperform
- Target (low)
- 6.50
- Target (mean)
- 8.63
- Target (high)
- 12.00
- Strong buy1
- Buy0
- Hold1
- Sell2
- Strong sell0
Next earnings
Nov 6, 2026
Expected Nov 6, 2026. Consensus EPS estimate 0.062.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 6, 2026 | Sep 30, 2026 | 0.086 | — | — | — |
| Aug 7, 2026 | Jun 30, 2026 | 0.21 | 0.13 | -0.08 | -38.10% |
| May 8, 2026 | Mar 31, 2026 | 0.27 | 0.18 | -0.09 | -33.33% |
| Feb 27, 2026 | Dec 31, 2025 | 0.2375 | 0.24 | 0.00 | +1.05% |
| Nov 7, 2025 | Sep 30, 2025 | 0.24 | 0.19 | -0.05 | -20.83% |
| Aug 7, 2025 | Jun 30, 2025 | -0.202 | 0.20 | +0.40 | +199.01% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 7, 2026 | Jefferies | main | Underperform | Underperform |
| Sep 30, 2026 | Barclays | main | Equal-Weight | Equal-Weight |
| Sep 8, 2026 | Ladenburg Thalmann | init | — | Sell |
| Aug 11, 2026 | Barclays | main | Equal-Weight | Equal-Weight |
| Jul 6, 2026 | Jefferies | main | Underperform | Underperform |
| Jun 25, 2026 | Barclays | main | Equal-Weight | Equal-Weight |
About Hawaiian Electric Industries, Inc.
Hawaiian Electric Industries, Inc. together with its subsidiaries, engages in the electric utility business. The company engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai; and renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. It also invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. In addition, the company serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Country
- United States
- Website
- hei.com
News
Electricity Prices Rose in 44 States — but One Saw an Increase More Than 6 Times the National Average 
Hawaiian Electric: Upgrade From Strong Sell To Buy - Time To Grab The Opportunity 
Jefferies Maintains Underperform on Hawaiian Electric Indus, Lowers Price Target to $7 
Barclays Maintains Equal-Weight on Hawaiian Electric Indus, Lowers Price Target to $9 
Hawaiian Electric Industries (NYSE:HE) Sets New 12-Month Low – Should You Sell? 
Hawaiian Electric Industries Monetizes 30% Of Its 9.9% Stake In American Savings Bank; Sale Of ~2M Shares Yields Net Proceeds Of $29.5M 
Murray Stahl Expands Stake in RENN Fund Inc (RCG) with Strategic Add 
Ladenburg Thalmann Initiates Coverage On Hawaiian Electric Indus with Sell Rating, Announces Price Target of $7 
Top 3 Utilities Stocks That May Rocket Higher This Quarter 
Top 3 Utilities Stocks That May Rocket Higher This Quarter
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Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 15.33% | 26,483,206 | 222.72M | Jun 29, 2026 |
| Horizon Kinetics Asset Management LLC | 12.97% | 22,395,397 | 188.35M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 6.01% | 10,373,982 | 87.25M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.33% | 7,479,058 | 62.90M | Jun 29, 2026 |
| State Street Corporation | 4.16% | 7,181,312 | 60.39M | Jun 29, 2026 |
| T. Rowe Price Investment Management, Inc. | 3.59% | 6,198,556 | 52.13M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.95% | 10,278,276 | 86.44M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.01% | 5,200,150 | 43.73M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.54% | 4,383,696 | 36.87M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.18% | 3,757,857 | 31.60M | Jun 29, 2026 |
| Kinetics Portfolios Trust-Kinetics Paradigm Portfolio | 2.06% | 3,566,000 | 29.99M | Jun 29, 2026 |
| Listed Funds Trust-Horizon Kinetics Inflation Beneficiaries ETF | 1.94% | 3,358,274 | 28.24M | Jun 29, 2026 |