During the recent session, Hawaiian Electric Industries, Inc (NYSE:HE)’s traded shares were 2.98 million, with the beta value of the company hitting 0.55. At the last check today, the stock’s price was $11.80, reflecting an intraday gain of 13.46% or $1.4. The 52-week high for the HE share is $18.19, that puts it down -54.15 from that peak though still a striking 35.51% gain since the share price plummeted to a 52-week low of $7.61. The company’s market capitalization is $2.04B, and the average trade volume was 3.23 million shares over the past three months.
Hawaiian Electric Industries, Inc (HE) received a consensus recommendation of Sell from analysts. That translates to a mean rating of 2.60. HE has a Sell rating from 1 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.23.
Hawaiian Electric Industries, Inc (NYSE:HE) trade information
Hawaiian Electric Industries, Inc (HE) registered a 13.46% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 13.46% in intraday trading to $11.80, hitting a weekly high. The stock’s 5-day price performance is 7.76%, and it has moved by 24.34% in 30 days. Based on these gigs, the overall price performance for the year is 1.55%.
The consensus price target of analysts on Wall Street is $15, which implies an increase of 21.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14 and $16 respectively. As a result, HE is trading at a discount of -35.59% off the target high and -18.64% off the low.
Hawaiian Electric Industries, Inc (HE) estimates and forecasts
In the rating firms’ projections, revenue will increase 7.98% compared to the previous financial year.
While earnings are projected to return 4.34% in 2025, the next five years will return 4.16% per annum.
HE Dividends
Hawaiian Electric Industries, Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Hawaiian Electric Industries, Inc (NYSE:HE)’s Major holders
The next largest institutional holding, with 11.21 million shares, is of BLACKROCK INC.’s that is approximately 10.1741% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $101.15 million.
Also, the Mutual Funds coming in first place with the largest holdings of Hawaiian Electric Industries, Inc (HE) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 5.21 shares. This amounts to just over 3.02 percent of the company’s overall shares, with a $61.66 million market value. The same data shows that the other fund manager holds slightly less at 4.48, or about 2.60% of the stock, which is worth about $53.07 million.
