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Hawaiian Electric Industries Inc (HE)

Upturn stock ratingUpturn stock rating
$12.18
Last Close (24-hour delay)
Profit since last BUY12.05%
upturn advisory
Consider higher Upturn Star rating
BUY since 77 days
  • BUY Advisory
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Time period over
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Upturn Advisory Summary

09/15/2025: HE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $11.56

1 Year Target Price $11.56

Analysts Price Target For last 52 week
$11.56 Target price
52w Low $8.14
Current$12.18
52w High $13.41

Analysis of Past Performance

Type Stock
Historic Profit -25.7%
Avg. Invested days 31
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.10B USD
Price to earnings Ratio 11.71
1Y Target Price 11.56
Price to earnings Ratio 11.71
1Y Target Price 11.56
Volume (30-day avg) 5
Beta 0.7
52 Weeks Range 8.14 - 13.41
Updated Date 09/15/2025
52 Weeks Range 8.14 - 13.41
Updated Date 09/15/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.04

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -3.84%
Operating Margin (TTM) 7.32%

Management Effectiveness

Return on Assets (TTM) 1.09%
Return on Equity (TTM) -3.07%

Valuation

Trailing PE 11.71
Forward PE 13.3
Enterprise Value 4537504421
Price to Sales(TTM) 0.67
Enterprise Value 4537504421
Price to Sales(TTM) 0.67
Enterprise Value to Revenue 1.45
Enterprise Value to EBITDA 13.07
Shares Outstanding 172612000
Shares Floating 172066400
Shares Outstanding 172612000
Shares Floating 172066400
Percent Insiders 0.21
Percent Institutions 76.31

ai summary icon Upturn AI SWOT

Hawaiian Electric Industries Inc

stock logo

Company Overview

overview logo History and Background

Hawaiian Electric Industries Inc. (HEI) was founded in 1891 as Hawaiian Electric Company. It has evolved from a single electric utility to a diversified holding company with businesses in banking, renewable energy, and other ventures. Significant milestones include expansion across Hawaiian islands, diversification into financial services, and increasing focus on renewable energy integration.

business area logo Core Business Areas

  • Electric Utility: Hawaiian Electric provides electricity to approximately 95% of the state's population across five islands: Ou02bbahu, Hawaiu02bbi, Maui, Lu0101nau02bbi, and Molokau02bbi. It generates, purchases, transmits, distributes, and sells electric energy.
  • Banking: American Savings Bank (ASB), a subsidiary of HEI, offers a range of financial services including deposit accounts, loans, and investment products to individuals and businesses in Hawaiu02bbi.
  • Renewable Energy: HEI is focused on transitioning to renewable energy sources to meet state mandates for 100% renewable energy by 2045. This includes investments in solar, wind, and geothermal energy projects.

leadership logo Leadership and Structure

Scott Seu is the President and CEO of Hawaiian Electric Industries Inc. The organizational structure comprises Hawaiian Electric Company, American Savings Bank, and other subsidiaries managed under the HEI corporate umbrella.

Top Products and Market Share

overview logo Key Offerings

  • Electricity Generation and Distribution: Provides electricity to residential, commercial, and governmental customers across five Hawaiian islands. Market share is approximately 95% in its service territories. Competitors include independent power producers selling electricity to Hawaiian Electric. Competitors: Independent Power Producers (IPP's).
  • Banking Services (American Savings Bank): Offers deposit accounts, loans, and investment products to individuals and businesses in Hawaiu02bbi. Market share is significant within the Hawaiian banking sector, but smaller than Bank of Hawaii. Competitors: Bank of Hawaii (BOH), First Hawaiian Bank (FHB).

Market Dynamics

industry overview logo Industry Overview

The utility industry is undergoing a major transformation with increasing adoption of renewable energy sources, distributed generation, and smart grid technologies. The banking sector in Hawaiu02bbi is competitive with established regional players.

Positioning

HEI is a dominant player in the Hawaiian electric utility market. Its competitive advantages include established infrastructure, regulatory relationships, and integration of renewable energy technologies.

Total Addressable Market (TAM)

The total addressable market for electric utilities in Hawaii is estimated at $3 billion annually. The TAM for banking services in Hawaii is estimated at $2 billion annually. HEI is positioned to capture a significant portion of these markets through its existing infrastructure and strategic initiatives.

Upturn SWOT Analysis

Strengths

  • Established infrastructure and customer base
  • Strong regulatory relationships
  • Commitment to renewable energy transition
  • Diversified business model with banking subsidiary

Weaknesses

  • High dependence on imported fossil fuels (decreasing, but still significant)
  • Exposure to regulatory and political risks
  • Infrastructure vulnerabilities to natural disasters
  • High debt levels

Opportunities

  • Expansion of renewable energy generation capacity
  • Development of smart grid technologies
  • Growth in electric vehicle adoption
  • Expansion of banking services in underserved markets

Threats

  • Rising fuel prices and supply chain disruptions
  • Increased competition from alternative energy providers
  • Regulatory changes impacting renewable energy policies
  • Climate change and sea-level rise impacting infrastructure

Competitors and Market Share

competitor logo Key Competitors

  • AES (AES)
  • NextEra Energy (NEE)
  • First Hawaiian Bank (FHB)

Competitive Landscape

HEI faces competition from independent power producers and other utilities in the renewable energy sector. ASB competes with other banks in Hawaii. HEI's advantages include its established infrastructure and regulatory relationships.

Growth Trajectory and Initiatives

Historical Growth: HEI has experienced moderate revenue growth in recent years, driven by increased electricity demand and expansion of banking services. Significant growth hampered by Maui fires in August 2023 and resulting lawsuits.

Future Projections: Analysts project continued revenue growth driven by renewable energy investments and increasing electricity demand. EPS is projected to grow at an average rate of 3-5% over the next five years. Projections dependent upon legal outcomes.

Recent Initiatives: HEI is investing heavily in renewable energy projects, including solar, wind, and geothermal energy. It is also deploying smart grid technologies to improve grid efficiency and reliability.

Summary

Hawaiian Electric Industries faces unique challenges and opportunities. While committed to renewable energy and having a strong market position, recent events have drastically impacted their financial health. Legal challenges post-Maui fires and its heavy reliance on fossil fuels continue to weigh on its performance. The company's strengths are mitigated by its current financial and public relations difficulties.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Investor Presentations
  • Analyst Reports
  • News Articles
  • Company Website

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is based on publicly available information and may not be precise. Forward-looking statements are subject to risks and uncertainties.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Hawaiian Electric Industries Inc

Exchange NYSE
Headquaters Honolulu, HI, United States
IPO Launch date 1987-11-05
President, CEO & Director Mr. Scott W. H. Seu
Sector Utilities
Industry Utilities - Regulated Electric
Full time employees 2587
Full time employees 2587

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility business in the United States. It operates through Electric Utility and Other segments. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu; Hawaii; and Maui, Lanai, and Molokai. This segment's 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 Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.