Hawaiian Electric Industries, Inc.

NYSE:HE Voorraadrapport

Marktkapitalisatie: US$2.4b

Hawaiian Electric Industries Toekomstige groei

Future criteriumcontroles 1/6

Hawaiian Electric Industries zal naar verwachting groeien in winst en omzet met respectievelijk 13.1% en 3.2% per jaar. De winst per aandeel zal naar verwachting groeien met 8.5% per jaar. Het rendement op het eigen vermogen zal over 3 jaar naar verwachting 8.5% zijn.

Belangrijke informatie

13.1%

Groei van de winst

8.50%

Groei van de winst per aandeel

Electric Utilities winstgroei10.6%
Inkomstengroei3.2%
Toekomstig rendement op eigen vermogen8.50%
Dekking van analisten

Low

Laatst bijgewerkt11 May 2026

Recente toekomstige groei-updates

Recent updates

Narratiefupdate May 08

HE: Legal Settlements Will Temporarily Conceal Persistent Overvaluation Risk

Analysts maintained their fair value estimate for Hawaiian Electric Industries at $13.75, citing only very small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions that did not materially affect their overall price target view. What's in the News Hawaiian Electric Industries announced that Scott T.
Narratiefupdate Apr 24

HE: Derivative Settlement Liabilities Will Eventually Pressure Earnings Multiple

Analysts have nudged their price target on Hawaiian Electric Industries up from $13.25 to $13.50. They state this reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions.
Narratiefupdate Apr 09

HE: Litigation Settlement Will Mask Ongoing Overvaluation Risk

Analysts have adjusted their price target on Hawaiian Electric Industries from $12.00 to $13.75, citing updated assumptions for revenue growth, profit margins, and future P/E expectations. What's in the News Hawaiian Electric Industries and Hawaiian Electric Company entered into a Derivative Settlement Agreement to resolve previously disclosed stockholder derivative actions across federal and state courts, including cases in Hawaii and California (company filing).
Seeking Alpha Apr 02

Hawaiian Electric Industries: Regulatory Relief Cannot Offset The Dilution Overhang

Summary Hawaiian Electric Industries is downgraded to HOLD with a target price of $13.95, reflecting a worsened capital structure amid macro risks. HE faces $1.91 billion in wildfire liabilities, high capex, and significant share dilution, pressuring liquidity and future returns. Core 2025 EPS drops 39.4% year-over-year due to dilution and 40% cost inflation in electrical equipment, keeping ROE below target. Future upside depends on regulatory approval of a revenue-increasing Docket and successful capital raises, but near-term recovery is unlikely. Read the full article on Seeking Alpha
Narratiefupdate Mar 26

HE: Legal Settlement Risks Will Eventually Pressure Earnings Multiple

Narrative Update: Hawaiian Electric Industries Analysts have adjusted their price target for Hawaiian Electric Industries from $12.50 to $13.25, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E estimates. What's in the News Hawaiian Electric Industries and Hawaiian Electric Company reached a Derivative Settlement Agreement to resolve multiple previously disclosed stockholder derivative actions in federal and state courts.
Narratiefupdate Mar 11

HE: Index Inclusion Will Mask Future Risk From Lower Earnings Multiple

Analysts have raised their price target on Hawaiian Electric Industries by $2.00 to $12.50, citing updated assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple as key factors in the revised view. What's in the News Hawaiian Electric Industries, Inc.
Narratiefupdate Feb 25

HE: Index Inclusion Will Contrast With Pressure From Lower Profitability

Analysts have maintained their $10.50 price target for Hawaiian Electric Industries, indicating that only minor adjustments were made to assumptions around discount rate, revenue growth, profit margin, and future P/E, which largely offset each other in their updated models. What's in the News Hawaiian Electric Industries, Inc.
Narratiefupdate Feb 10

HE: Index Additions And EV Charging Expansion Will Mask Overvaluation Risk

Analyst Price Target Update Analysts now cite a price target of $12.00 for Hawaiian Electric Industries, up from $10.75. This reflects adjustments to their models around fair value, discount rate, expected revenue growth, profit margins and future P/E assumptions.
Narratiefupdate Jan 27

HE: Index Additions Will Contrast With Pressure From Lower Profitability

Analysts have raised their price target on Hawaiian Electric Industries by $0.50 to $10.50, pointing to updated assumptions around the discount rate, revenue growth, profit margin, and future P/E that they see as better reflecting current expectations for the business. What's in the News Hawaiian Electric Industries, Inc.
Narratiefupdate Jan 12

HE: Fast-Charging Expansion Will Increase Risk Profile At Stretched Earnings Multiple

Narrative Update Analysts have kept their fair value estimate for Hawaiian Electric Industries steady at US$12.00. They have updated their assumptions to reflect a lower discount rate, a more cautious profit margin outlook, and a higher future P/E expectation, which together shape the latest price target rationale.
Analyseartikel Jan 11

A Piece Of The Puzzle Missing From Hawaiian Electric Industries, Inc.'s (NYSE:HE) 27% Share Price Climb

Despite an already strong run, Hawaiian Electric Industries, Inc. ( NYSE:HE ) shares have been powering on, with a gain...
Narratiefupdate Dec 16

HE: Fast-Charging Expansion Will Shape Risk Profile Amid Fair Outlook

Analysts have reduced their price target on Hawaiian Electric Industries by 2 dollars to 12 dollars per share. They cited a higher perceived risk profile that warrants a steeper discount rate, despite slightly stronger growth and margin assumptions.
Analyseartikel Nov 04

Returns At Hawaiian Electric Industries (NYSE:HE) Are On The Way Up

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Narratiefupdate Sep 21

Hawaii Legislation And Grid Modernization Will Strengthen Prospects

The consensus price target for Hawaiian Electric Industries has been lowered as a result of a sharply higher future P/E and a notable decline in net profit margin, reducing fair value from $11.44 to $10.75. What's in the News J.P. Morgan Securities LLC added as Lead Underwriter for Hawaiian Electric’s $500 million Fixed-Income Offering.
User avatar
Nieuw narratief May 27

Hawaii Renewable Investments And Litigation Resolution Will Power Long-Term Success

Legislative and regulatory changes are reducing liability risks and enabling margin improvement through liability caps, securitization, and performance-based rate adjustments.
Seeking Alpha Mar 26

Hawaiian Electric: There's Still A Lot Of Uncertainty

Summary 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. I am not starting a position in HE stock now due to high debt, potential shareholder dilution, and short-term margin pressures, but will monitor the situation closely. Read the full article on Seeking Alpha
Seeking Alpha Jan 14

Hawaiian Electric: ASB Bank Sale Could Lead To A Downward Spiral In Share Price

Summary ASB bank appears to have been sold with undue haste and at a fire sale price. The low sale price for ASB bank not only means less cash to repay wildfire claims, it is also depressing for the Hawaiian Electric share price. A lower Hawaiian Electric share price requires an increased number of shares issued to raise necessary additional cash, which in turn will lead to a further share price decline. The poor result for ASB sale will likely lead to an exponential downward spiral in share price. Read the full article on Seeking Alpha
Seeking Alpha Oct 30

Hawaiian Electric Industries: Update On Maui Fire Settlement

Summary Hawaiian Electric Industries share price is currently depressed due to significant wildfire tort-related claims and suspension of dividends. The company now has some degree of certainty on the quantum of the wildfire related claims, though there is still some ongoing disputation. It appears the company might have a possible path towards repaying the wildfire related claims over the next four years. Following repayment of wildfire claims there would likely be a significant increase in share price together with a resumption of dividend payments. Read the full article on Seeking Alpha
Seeking Alpha Oct 07

Hawaii's Lagging Fire Preparation Hurts Hawaiian Electric

Summary Hawaiian Electric is several years behind PG&E on the recovery curve from highly damaging wildfire losses. HE stock is likely near a bottom if a settlement agreement is approved. Hawaii's failure to mitigate wildfire threats as much as California makes the stock more risky than PG&E. Read the full article on Seeking Alpha
Seeking Alpha Aug 21

Valuing Hawaiian Electric Industries

Summary Parties have reached a settlement agreement over last year's Maui wildfires. While some details are unknown, the settlement gives more certainty to Hawaii Electric Industries' outlook. HE shares look to be trading at a discount to its post-settlement valuation. Read the full article on Seeking Alpha
Seeking Alpha Jul 11

Hawaiian Electric Industries May Be Seeing The Light At The End Of The Tunnel

Summary Hawaiian Electric Industries holds a virtual monopoly over electricity supply in Hawaii, as well as one of the biggest banks in the state of Hawaii. Litigation over wildfires caused a 71.58% stock price drop, but HE's share price went up 20% yesterday on hopes that this problem will soon be resolved. Financially, the company remains stable with a low debt-to-equity ratio and attractive valuation, pending resolution of ongoing litigation. There is still a risk that the proposed global settlement will not be accepted, and even if it is, the company's liability could be quite high. Hawaiian Electric stock might be worth buying on hopes of a settlement, but as details are not known, it is still a risky play. Read the full article on Seeking Alpha
Seeking Alpha May 09

Hawaiian Electric's Problems Are Mounting

Summary The company’s problems are self-generated. Hawaiian Electric shares have tumbled almost 75% over the past 12 months. HE’s credit rating has been slashed to junk status. Hawaiian Electric’s business fundamentals have been moving in the wrong direction. Key investigations into the cause of the fires are still pending. Read the full article on Seeking Alpha
Seeking Alpha Apr 17

Hawaiian Electric Industries: Very Strong Finances, But Litigation Risks Cast A Shadow

Summary Hawaiian Electric Industries is the largest electric utility in Hawaii, providing 95% of the state's electricity. The company has suspended its dividend and taken measures to strengthen its balance sheet due to litigation over its role in the Maui wildfires. There is uncertainty surrounding the potential consequences of the litigation, but investors could see substantial upside if the company is deemed innocent. The potential downside here is almost a total wipeout for common shareholders, as there is no real way that the company could pay a huge judgment. The company's finances are strong, and it might be worth taking a chance if you have some money that you do not need. Read the full article on Seeking Alpha
Seeking Alpha Feb 29

Hawaiian Electric: Risk Is Higher Than Its Reward

Summary Hawaiian Electric is a monopoly in supplying electricity over the Hawaiian islands, providing 95% of the population. Hawaiian Electric's stock has plummeted nearly 70% in the past year due to the potential liabilities of Maui Wildfire litigations. A comparison of PG&E can show the potential outcome and risk associated when investing in Hawaiian Electric. Read the full article on Seeking Alpha
Seeking Alpha Dec 06

Hawaiian Electric Industries: Why This Distressed Utility Is Primed To Outperform

Summary Hawaiian Electric Industries has dropped substantially and is down about 70 % in the past year. Based on both quantitative and qualitative factors, Hawaiian Electric Industries appears to be heading for outperformance going forward as the stock appears to have been "punished" too much. I'm issuing a Buy rating, but caution that Hawaiian Electric Industries should preferably be bought for a portfolio consisting of this and similar opportunities to mitigate risk. Read the full article on Seeking Alpha
Seeking Alpha Nov 26

Hawaiian Electric: No Turnaround In Sight

Summary Hawaiian Electric Industries faces challenges such as regulatory hurdles and market dynamics, but also dominates the market and is committed to clean energy solutions. The company's financials have been impacted by the Maui windstorm and wildfires, leading to a suspension of dividends and reduced revenues. Despite some positive indicators such as improving liquidity metrics and commitment to sustainability, concerns over litigation, regulatory scrutiny, and financial stability support a cautious approach. Read the full article on Seeking Alpha
Seeking Alpha Oct 20

Hawaiian Electric: Risk-Reward Might Be Worth It

Summary Hawaiian Electric's stock has undergone a substantial two-thirds decline, attributed to potential liability arising from the Maui wildfires. Hawaiian Electric faces an uncertain future, from potential exoneration to fines of $5 billion and the threat of bankruptcy. Three scenarios are explored: unfavorable, moderate, and favorable, with bankruptcy deemed improbable but shareholders facing risks. Read the full article on Seeking Alpha
Seeking Alpha Oct 12

Hawaiian Electric: Not Worth The Risk

Summary Hawaiian Electric's share price has declined substantially since the Maui Wildfires broke out. The potential liabilities from Maui Wildfire litigation pose a significant risk to Hawaiian Electric and it's difficult to assess the outcome at this stage. The ownership of American Savings Bank adds further complications and uncertainty to Hawaiian Electric's financial situation. Given the risks, the valuation discount does not appear to be attractive enough to justify taking a long position. We believe the stock should be avoided. Read the full article on Seeking Alpha
Seeking Alpha Sep 19

Hawaiian Electric: How To Profit From Current Uncertainty

Summary Hawaiian Electric's stock has suffered a significant decline due to potential liability for the Maui wildfires, similar to PG&E's situation in California. There are significant differences between HE and PCG including the two companies and their situations, including the states they reside in and the direct evidence linking them to the wildfires. The outcome for Hawaiian Electric remains uncertain, with possibilities ranging from being found not liable to facing fines in excess of $5 billion and potential bankruptcy. Going long shares and short via options should provide the opportunity to profit from the uncertainty. Read the full article on Seeking Alpha
Seeking Alpha Aug 29

Is Hawaiian Electric A Basket Case Or In The Bargain Bin?

Summary Hawaiian Electric is facing multiple lawsuits and potential liabilities in the billions due to the fires in Lahaina, Maui. Several factors warrant consideration, potentially alleviating Hawaiian Electric from certain responsibilities. Hawaiian Electric shares may be deeply undervalued if the company will not be deemed fully liable. Read the full article on Seeking Alpha
Seeking Alpha Aug 14

Hawaiian Electric - Many Uncertainties After The Fire

Summary Shares of Hawaiian Electric Industries, Inc. have fallen by 40% after devastating fires hit the islands, resulting in 50% losses in just a few weeks. Scrutiny has arisen as the utility company did not have plans in place to shut off power lines during dangerous winds, potentially contributing to the fires. The company's involvement in the tragedy may have negative implications for shareholders, but it is too early to determine the long-term impact and potential claims. Read the full article on Seeking Alpha
Analyseartikel Aug 01

Calculating The Intrinsic Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Key Insights Hawaiian Electric Industries' estimated fair value is US$38.72 based on 2 Stage Free Cash Flow to Equity...
Analyseartikel Jun 26

Is Hawaiian Electric Industries (NYSE:HE) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Jun 12

Hawaiian Electric: Surprisingly Good Stability, But Population Decline A Drag

Summary Hawaiian Electric Industries, Inc. is the largest electric utility in Hawaii as well as one of the largest banks. The company is very well insulated against economic shifts, as even the tourism hit from the pandemic only had minimal cash flow impact. The population of Hawaii is declining, which could prove a drag. The company has a strong balance sheet relative to its peers. The company is very expensive relative to its earnings per share growth. Read the full article on Seeking Alpha
Analyseartikel May 03

Returns At Hawaiian Electric Industries (NYSE:HE) Appear To Be Weighed Down

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analyseartikel Mar 15

Hawaiian Electric Industries (NYSE:HE) Seems To Be Using A Lot Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyseartikel Mar 02

Estimating The Fair Value Of Hawaiian Electric Industries, Inc. (NYSE:HE)

Key Insights Hawaiian Electric Industries' estimated fair value is US$41.21 based on 2 Stage Free Cash Flow to Equity...
Analyseartikel Feb 16

Hawaiian Electric Industries (NYSE:HE) Will Pay A Larger Dividend Than Last Year At $0.36

The board of Hawaiian Electric Industries, Inc. ( NYSE:HE ) has announced that the dividend on 10th of March will be...
Seeking Alpha Feb 14

Hawaiian Electric GAAP EPS of $0.52 misses by $0.02, revenue of $924.95M misses by $235.05M

Hawaiian Electric press release (NYSE:HE): Q4 GAAP EPS of $0.52 misses by $0.02. Revenue of $924.95M (+33.4% Y/Y) misses by $235.05M. As of December 31, 2022 and compared to December 31, 2021: Total earning assets were $9.1 billion, up 7.2%; Total loans were $6.0 billion, up 15%; and Total deposits were $8.2 billion, a decrease of 0.03%. The average cost of funds was 0.16% for the full year 2022, 10 basis points higher than the prior year. ASB’s return on average equity for the full year 2022 was 14.1% compared to 13.8% in 2021. Return on average assets for the full year was 0.86% in 2022 compared to 1.15% in 2021.
Analyseartikel Jan 23

The Returns At Hawaiian Electric Industries (NYSE:HE) Aren't Growing

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Winst- en omzetgroeiprognoses

NYSE:HE - Toekomstschattingen van analisten en financiële gegevens uit het verleden (USD Millions )
DatumInkomstenInkomstenVrije kasstroomGeldmiddelen uit operationele activiteitenGem. Aantal analisten
12/31/20283,406223N/A1242
12/31/20273,308217N/A1052
12/31/20263,157187N/A502
3/31/20263,08912744402N/A
12/31/20253,08712350391N/A
9/30/20253,08011378421N/A
6/30/20253,123-41152478N/A
3/31/20253,172-1,317516848N/A
12/31/20243,220-1,323579923N/A
9/30/20242,982-1,35670427N/A
6/30/20243,051-1,192-12373N/A
3/31/20243,15111278495N/A
12/31/20233,288146265708N/A
9/30/20233,745208267717N/A
6/30/20233,885229319751N/A
3/31/20233,885227154543N/A
12/31/20223,421161115454N/A
9/30/20223,493238-10321N/A
6/30/20223,20824019333N/A
3/31/20222,993251107427N/A
12/31/20212,85024661376N/A
9/30/20212,73224277384N/A
6/30/20212,61724415350N/A
3/31/20212,54622977410N/A
12/31/20202,58019846429N/A
9/30/20202,65421462483N/A
6/30/20202,783212150576N/A
3/31/20202,89020634497N/A
12/31/20192,874218N/A512N/A
9/30/20192,910201N/A583N/A
6/30/20192,907204N/A524N/A
3/31/20192,877207N/A542N/A
12/31/20182,861202N/A499N/A
9/30/20182,758185N/A358N/A
6/30/20182,663179N/A355N/A
3/31/20182,610171N/A408N/A
12/31/20172,556165N/A420N/A
9/30/20172,514178N/A406N/A
6/30/20172,487245N/A444N/A
3/31/20172,421250N/A372N/A
12/31/20162,381248N/A496N/A
9/30/20162,387246N/A544N/A
6/30/20162,458169N/A413N/A
3/31/20162,516160N/A388N/A
12/31/20152,603160N/A357N/A
9/30/20152,769151N/A349N/A
6/30/20152,919148N/A423N/A

Toekomstige groeivoorspellingen analisten

Verdiensten versus spaarpercentage: De verwachte winstgroei HE ( 13.1% per jaar) ligt boven de spaarquote ( 3.5% ).

Winst versus markt: De winst van HE ( 13.1% per jaar) zal naar verwachting langzamer groeien dan de markt US ( 16.8% per jaar).

Hoge groeiwinsten: De winst van HE zal naar verwachting groeien, maar niet aanzienlijk.

Omzet versus markt: De omzet van HE ( 3.2% per jaar) zal naar verwachting langzamer groeien dan de markt US ( 11.7% per jaar).

Hoge groei-inkomsten: De omzet van HE ( 3.2% per jaar) zal naar verwachting langzamer groeien dan 20% per jaar.


Groeiprognoses winst per aandeel


Toekomstig rendement op eigen vermogen

Toekomstige ROE: Het rendement op eigen vermogen HE zal naar verwachting over 3 jaar laag zijn ( 8.5 %).


Ontdek groeibedrijven

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/22 16:20
Aandelenkoers aan het einde van de dag2026/05/22 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Hawaiian Electric Industries, Inc. wordt gevolgd door 12 analisten. 2 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
David ParkerBaird
Nicholas CampanellaBarclays
Michael LoneganBarclays