HE — Hawaiian Electric Industries, Inc.

HE

Hawaiian Electric Industries, Inc. NYSE

Utilities ·Diversified Utilities ·US · hei.com

$15.06

Mkt Cap $2.6B

52w Low $10.14 68.0% of range 52w High $17.38

50d MA $15.20 200d MA $13.07

P/E (TTM) 21.5x

EV/EBITDA 7.6x

P/B 1.6x

Debt/Equity 1.8x

ROE 7.9%

P/FCF 42.6x

RSI (14) —

ATR (14) —

Beta 0.57

50d MA $15.20

200d MA $13.07

Avg Volume 2.4M

About

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 O…

Recent Earnings

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	1M%	Guide ▲★
Feb 27, 2026	AMC	0.24	0.24	+1.1%	15.49	+0.3%	+3.2%	+3.8%	+4.1%	+0.4%	-3.7%	-4.8%	—
Nov 7, 2025	AMC	0.24	0.19	-20.8%	11.57	-0.9%	-3.2%	-0.7%	-0.1%	+0.7%	+0.7%	+2.9%	—
Aug 7, 2025	AMC	-0.20	0.20	+199.0%	11.04	+0.3%	-2.3%	+1.2%	+4.0%	+3.3%	+3.0%	+7.6%	—
May 9, 2025	AMC	0.23	0.23	+0.0%	10.49	+1.9%	+1.9%	+4.2%	-1.5%	+1.0%	+1.2%	-0.7%	—
Feb 21, 2025	AMC	0.39	0.20	-48.7%	10.76	-3.1%	+2.2%	+0.6%	+0.2%	-0.5%	+1.8%	+3.3%	—
Nov 8, 2024	AMC	0.53	0.46	-13.2%	10.64	-2.3%	-6.3%	-5.1%	-8.8%	-7.5%	-3.4%	-0.8%	—
Aug 9, 2024	AMC	0.49	0.44	-10.2%	15.50	-21.8%	-14.5%	-11.2%	-12.6%	-12.8%	-13.7%	-29.4%	—
May 10, 2024	AMC	0.54	0.45	-16.7%	9.99	+0.6%	+10.0%	+11.0%	+13.3%	+18.1%	+15.1%	+3.0%	—
Feb 13, 2024	AMC	0.49	0.48	-2.0%	13.11	-0.4%	-4.9%	+0.8%	-0.1%	+1.4%	+0.0%	-15.9%	—
Nov 9, 2023	AMC	0.56	0.56	+0.0%	14.01	-9.4%	-17.1%	-18.3%	-14.1%	-9.1%	-5.2%	-5.1%	—
Aug 7, 2023	AMC	0.53	0.50	-5.7%	37.36	-1.9%	-4.8%	-5.3%	-12.3%	-13.3%	-42.6%	-67.2%	—
May 9, 2023	AMC	0.53	0.50	-5.7%	37.55	+0.1%	+0.2%	-1.1%	-1.2%	-1.8%	-2.6%	+1.5%	—

Recent Analyst Ratings

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
Mar 2	Barclays	Maintains	Equal Weight → Equal Weight	—	$15.49	$15.53	+0.3%	+3.2%	+3.8%	+4.1%	+0.4%	-3.7%
Jan 26	Barclays	Maintains	Equal Weight → Equal Weight	—	$14.74	$15.07	+2.2%	+2.0%	+4.5%	+7.2%	+7.7%	+3.9%
Jan 20	Jefferies	Downgrade	Hold → Underperform	—	$14.45	$13.98	-3.3%	-2.5%	+1.9%	+4.0%	+2.0%	+4.0%
Jan 15	Barclays	Maintains	Equal Weight → Equal Weight	—	$14.03	$14.04	+0.1%	+1.8%	+3.0%	+0.4%	+4.9%	+7.1%
Dec 3	Jefferies	Maintains	Hold → Hold	—	$11.15	$11.12	-0.3%	+0.2%	+1.2%	+0.9%	+6.7%	+7.6%
Jul 10	Barclays	Maintains	Equal Weight → Equal Weight	—	$10.72	$10.64	-0.7%	-0.7%	-1.4%	-0.9%	-2.4%	-0.3%
May 28	Jefferies	Maintains	Hold → Hold	—	$10.87	$10.85	-0.2%	-1.0%	+0.0%	-1.7%	-1.3%	-1.1%
Apr 14	Jefferies	Maintains	Hold → Hold	—	$9.67	$9.77	+1.0%	+3.9%	+7.3%	+7.0%	+8.1%	+6.0%
Mar 4	Barclays	Maintains	Equal Weight → Equal Weight	—	$10.86	$10.86	+0.0%	-3.6%	-3.7%	-4.2%	+5.5%	+3.6%
Feb 27	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$10.78	$10.67	-1.0%	-0.6%	+1.6%	+0.7%	-2.9%	-3.0%
Jan 3	Jefferies	Maintains	Hold → Hold	—	$9.45	$9.40	-0.5%	-1.3%	-2.9%	-3.9%	-5.7%	-13.4%
Nov 19	Evercore ISI	Maintains	In Line → In Line	—	$10.63	$10.46	-1.6%	-0.5%	-1.5%	-1.2%	-0.2%	+3.3%
Nov 11	Evercore ISI	Maintains	In Line → In Line	—	$10.64	$10.40	-2.3%	-6.3%	-5.1%	-8.8%	-7.5%	-3.4%
Sep 30	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$9.95	$9.80	-1.5%	-2.7%	-8.3%	-7.0%	-1.8%	-1.9%
Sep 24	Evercore ISI	Maintains	In Line → In Line	—	$10.90	$9.60	-11.9%	-9.2%	-8.4%	-9.6%	-8.7%	-11.2%
Aug 23	Wells Fargo	Upgrade	Underweight → Equal Weight	—	$11.14	$11.46	+2.9%	+4.5%	+2.7%	-2.2%	-1.4%	-1.7%
Aug 14	Evercore ISI	Maintains	In Line → In Line	—	$13.77	$13.88	+0.8%	-1.6%	-1.9%	-2.9%	-11.3%	-12.9%
Aug 12	Wells Fargo	Maintains	Underweight → Underweight	—	$15.50	$12.12	-21.8%	-14.5%	-11.2%	-12.6%	-12.8%	-13.7%
Aug 5	Evercore ISI	Maintains	In Line → In Line	—	$16.06	$15.58	-3.0%	+4.4%	+0.7%	-4.4%	-0.5%	-3.5%
May 13	Wells Fargo	Maintains	Underweight → Underweight	—	$9.99	$10.05	+0.6%	+10.0%	+11.0%	+13.3%	+18.1%	+15.1%
Feb 15	Evercore ISI	Maintains	In Line → In Line	—	$12.47	$12.69	+1.8%	+6.0%	+5.1%	+6.6%	+5.1%	+2.2%
Nov 10	Wells Fargo	Downgrade	Equal Weight → Underweight	—	$14.01	$12.69	-9.4%	-17.1%	-18.3%	-14.1%	-9.1%	-5.2%
Aug 25	BofA Securities	Maintains	Underperform → Underperform	—	$11.86	$9.30	-21.6%	-18.5%	+17.8%	+12.3%	+14.9%	+18.2%
Aug 18	Wells Fargo	Upgrade	Underweight → Equal Weight	—	$12.03	$13.33	+10.8%	+14.5%	+8.4%	+11.1%	+0.7%	-1.4%
Aug 17	BofA Securities	Maintains	Underperform → Underperform	—	$14.57	$10.36	-28.9%	-17.4%	-5.5%	-10.5%	-8.2%	-16.9%
Aug 14	Wells Fargo	Maintains	Underweight → Underweight	—	$32.40	$20.00	-38.3%	-33.8%	-54.4%	-55.0%	-62.9%	-57.5%
Feb 15	Guggenheim	Maintains	Neutral → Neutral	—	$41.77	$41.41	-0.9%	-0.5%	-0.9%	+1.3%	-0.1%	-1.2%
Jan 10	Wells Fargo	Maintains	Underweight → Underweight	—	$42.45	$42.14	-0.7%	-1.2%	-0.6%	-0.3%	-0.0%	-1.3%
Oct 19	Wells Fargo	Maintains	Underweight → Underweight	—	$36.23	$35.71	-1.4%	-1.4%	-3.0%	-0.8%	-1.3%	+1.0%
Aug 18	BofA Securities	Downgrade	Neutral → Underperform	—	$43.28	$42.34	-2.2%	-1.2%	-1.2%	-3.9%	-4.8%	-6.0%
Jan 20	Guggenheim	Upgrade	Sell → Neutral	—	$41.88	$42.49	+1.5%	+1.2%	+0.6%	+0.4%	+0.0%	-1.0%
May 11	Evercore ISI	Upgrade	Underperform → In Line	—	$45.35	$45.36	+0.0%	-2.4%	-3.3%	-1.9%	-1.7%	-2.2%
Jan 21	Guggenheim	Downgrade	Neutral → Sell	—	$34.59	$33.96	-1.8%	-2.3%	-0.3%	-0.7%	-2.4%	-1.9%
Aug 10	BofA Securities	Maintains	Underperform → Underperform	—	$36.22	$36.40	+0.5%	-0.2%	-1.9%	-0.6%	-1.7%	-1.5%
May 7	UBS	Maintains	Sell → Sell	—	$36.44	$36.72	+0.8%	+0.2%	+4.8%	+4.0%	+1.0%	-0.3%
Apr 14	Wells Fargo	Maintains	Underweight → Underweight	—	$43.43	$44.41	+2.3%	+0.2%	-5.2%	-5.2%	-3.3%	-7.9%
Jan 8	Guggenheim	Maintains	Neutral → Neutral	—	$45.56	$45.56	+0.0%	+0.2%	-0.3%	-0.2%	+1.2%	+1.7%
Sep 13	UBS	Maintains	Sell → Sell	—	$44.60	$44.51	-0.2%	-1.1%	-0.7%	-0.9%	-0.6%	-0.4%
Aug 9	JP Morgan	Downgrade	Neutral → Underweight	—	$45.05	$44.56	-1.1%	-1.4%	-2.0%	-1.6%	-1.8%	-1.4%
Nov 15	Bank of America	Downgrade	Neutral → Underperform	—	$37.81	$37.17	-1.7%	-0.7%	+0.1%	+0.4%	-0.5%	-1.5%
Nov 15	BofA Securities	Downgrade	Neutral → Underperform	—	$37.81	$37.17	-1.7%	-0.7%	+0.1%	+0.4%	-0.5%	-1.5%
Sep 17	Wells Fargo	Maintains	Market Perform → Market Perform	—	$35.41	$35.46	+0.1%	+0.5%	+0.7%	-0.9%	-0.1%	-0.3%
Feb 2	UBS	Maintains	Sell → Sell	—	$33.86	$33.23	-1.9%	-0.8%	-3.2%	-5.1%	-5.3%	-6.3%
Jan 25	JP Morgan	Maintains	Neutral → Neutral	—	$34.41	$34.39	-0.1%	+1.0%	+0.3%	-0.7%	-1.3%	-0.9%
Oct 12	JP Morgan	Maintains	Neutral → Neutral	—	$34.28	$34.34	+0.2%	+0.2%	+0.1%	+1.1%	+1.8%	+2.3%
Mar 18	Barclays	Maintains	Underweight → Underweight	—	$31.81	$31.60	-0.7%	+1.9%	+1.8%	+1.5%	+0.3%	+1.7%
Jan 4	Barclays	Maintains	Underweight → Underweight	—	$28.95	$29.01	+0.2%	-0.3%	-0.6%	+0.0%	-1.2%	-0.6%
Nov 20	Wells Fargo	Downgrade	Outperform → Market Perform	—	$28.25	$27.88	-1.3%	+0.2%	+0.5%	-0.3%	-1.2%	+0.5%
Jun 19	Macquarie	Maintains	Neutral → Neutral	—	$30.95	$30.99	+0.1%	-0.1%	-0.7%	-2.0%	-2.7%	-3.8%
Apr 30	Barclays	Downgrade	Equal Weight → Underweight	—	$32.26	$31.84	-1.3%	-3.0%	-2.5%	-2.0%	-3.3%	-3.6%