The growth track for Hawaiian Electric Industries, Inc (HE) has changed recently

With 1.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.22 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $11.05 whereas the lowest price it dropped to was $10.81. The 52-week range on HE shows that it touched its highest point at $18.19 and its lowest point at $7.61 during that stretch. It currently has a 1-year price target of $12.06. HE paid its most recent dividend on 1692230400, while the ex-dividend date for that was 1692230400. Beta for the stock currently stands at 0.52.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HE was up-trending over the past week, with a rise of 0.64%, but this was up by 2.72% over a month. Three-month performance surged to 7.55% while six-month performance fell -10.23%. The stock lost -1.70% in the past year, while it has gained 12.74% so far this year. A look at the trailing 12-month EPS for HE yields -12.00 with Next year EPS estimates of 1.05. For the next quarter, that number is 0.29. This implies an EPS growth rate of 3.06% for this year and 3.96% for next year.

Float and Shares Shorts:

At present, 172.47 million HE shares are outstanding with a float of 172.17 million shares on hand for trading. On 2025-02-28, short shares totaled 15.49 million, which was 897.9998999999999 higher than short shares on 1738281600. In addition to Mr. Scott W. H. Seu as the firm’s President, CEO & Director, Mr. Scott T. DeGhetto serves as its Executive VP, CFO & Treasurer.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, HE reported revenue of $486949000.0 and operating income of $62344000.0. The EBITDA in the recently reported quarter was $143578000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HE since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HE analysts setting a high price target of 14.0 and a low target of 9.0, the average target price over the next 12 months is 11.45. Based on these targets, HE could surge 27.62% to reach the target high and fall by -17.96% to reach the target low. Reaching the average price target will result in a growth of 4.38% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.80684 being high and $1.61089 being low. For HE, this leads to a yearly average estimate of $1.69363. Based on analyst estimates, the high estimate for the next quarter is $0.24 and the low estimate is $0.24. The average estimate for the next quarter is thus $0.24.