hawaiian electric stock — HE share guide

This article explains hawaiian electric stock (HE): what the company does, how the stock trades, investor-relevant financial and regulatory issues (including wildfire litigation and PUC rate matter...

2024-07-14 09:18:00

By Meta Cipher

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Hawaiian Electric Industries (HE) — Stock

Introduction (what you'll get): This page explains hawaiian electric stock from an investor perspective: the company background, how and where the shares trade, financial and regulatory issues that affect shareholder value, major corporate events (notably wildfire-related matters), ownership and governance, analyst coverage, trading characteristics, common financial metrics, and practical guidance for researching the stock. Readers will learn what to watch in filings and regulatory dockets and where to find up-to-date quantitative data.

Note: This article discusses hawaiian electric stock as a publicly traded equity. It is educational and descriptive; not investment advice. For live quotes and exact metrics, consult SEC filings, company investor-relations materials, and financial data providers.

Company overview

Hawaiian Electric Industries, Inc. (commonly HEI) is the public holding company that owns the primary electric utility serving most of the Hawaiian Islands and related businesses. The company’s principal operating subsidiary is Hawaiian Electric Company, which provides electricity generation, transmission and distribution across key islands and serves residential, commercial, and industrial customers.

Hawaiian Electric is headquartered in Honolulu, Hawaii. The group historically included banking and non-utility businesses at various times; however, the core, investor-relevant business for hawaiian electric stock is its regulated electric utility operations and any related holding-company activities. Company strategic priorities that frequently appear in investor materials include integration of renewable energy, grid modernization and resiliency, distributed energy resources, and regulatory engagement to recover costs tied to capital investment and extraordinary events.

Why this matters to investors: ownership of hawaiian electric stock means exposure to a geographically concentrated utility business, subject to island-grid operational constraints and state regulatory oversight that shapes revenue recoverability and returns.

Stock identification and trading information

Ticker symbol: HE (commonly used for hawaiian electric stock).
Primary exchange: New York Stock Exchange (NYSE).
Trading currency: U.S. dollars (USD).
Typical trading hours: Regular session 9:30 a.m. to 4:00 p.m. ET; pre-market and after-hours sessions follow the exchange and broker rules for equities.
ISIN/CUSIP: Standard security identifiers exist for hawaiian electric stock and are available in the company’s SEC filings and data vendors. For the accurate ISIN and CUSIP codes, consult the company’s transfer agent details in SEC filings.

Key market data

Investors commonly track the following market statistics for hawaiian electric stock:

Market capitalization — a live figure that reflects share price × shares outstanding.
Shares outstanding and free float — to assess supply and dilution risk.
Typical daily trading volume — a measure of liquidity.
Beta — a short-term volatility measure versus the broad market.
Pricing multiples and metrics such as trailing P/E, EPS (basic and diluted), and forward P/E (consensus), plus dividend yield when applicable.

For precise numeric values for market capitalization, float, volume, beta and pricing multiples, consult up-to-date market-data providers and the company’s most recent filings. Market values for hawaiian electric stock change each trading day and are published by major financial news sites and in the company’s investor-relations materials.

Historical price ranges and performance

Investors typically review:

52-week high and low — gives a recent trading range for hawaiian electric stock.
Multi-period total returns (1 month, 3 months, YTD, 1 year, 5 years) — provides context on how the stock has performed versus peers and market indices.
Notable price moves — e.g., reaction to earnings, regulatory rulings, or material corporate announcements.

Share splits are uncommon for many utilities and there is no widely reported recent split for hawaiian electric stock as of the date of this article; for any historical stock-split events consult the company’s historical filings or stock transfer agent records.

Financial summary relevant to investors

From an investor standpoint, the most material financial line items that shape the value of hawaiian electric stock are revenues generated by electricity sales, operating margin trends, net income (or losses), and balance-sheet items that influence creditworthiness (total debt, maturities and cash balances). Because Hawaiian Electric operates as a regulated utility, regulatory decisions that allow cost recovery and return on invested capital materially affect revenue and cash flow.

Key balance-sheet items to monitor for hawaiian electric stock include total long-term debt, short-term borrowings, available cash and equivalents, and off-balance-sheet obligations (for example, restoration reserve or liability accruals tied to litigation or settlements). For utilities, capital expenditures (capex) and spending plans for grid modernization are also central to future rate-base growth and earning potential.

Recent quarterly and annual trends

Investors should track trends in:

Quarterly revenue and net income trajectory and any notable one-time items.
Year-over-year changes in operating expenses, fuel or purchased-power costs, and O&M trends.
Guidance provided by management and any adjustments in forecasted capital spending.

截至 2024-06-30，据 the company’s public disclosures and filings reported in investor materials, Hawaiian Electric had emphasized the importance of capital investment for grid resilience and renewable integration. For the most recent quarterly and annual figures relevant to hawaiian electric stock, consult the company’s latest Form 10-Q and Form 10-K filings.

Dividends and payout policy

Dividend policy is an important factor for many utility shareholders. Investors in hawaiian electric stock should note:

Whether the company currently pays a common dividend and the declared per-share amount.
Historical dividend consistency and any recent suspensions, reductions, or special dividends.
Management commentary on payout ratio and the priority given to dividends versus debt reduction and capital spending.

Because dividend declarations are made by the board and depend on cash flow and regulatory constraints, confirm current yield and ex-dividend dates from the company’s dividend notices and the investor-relations calendar before making decisions.

Major corporate events affecting the stock

Over recent years, several material events have influenced the price and investor perception of hawaiian electric stock. The most prominent among these include wildfire-related investigations and liabilities, regulatory rate-case outcomes and requested relief, and any significant changes in the company’s asset base or financial structure.

Wildfire-related liabilities: The August 2023 Maui wildfires prompted investigations into the role of electrical infrastructure and resulted in litigation, insurance claims, and reputational impact. These matters have been a dominant driver for hawaiian electric stock due to potential liability, settlement costs, and regulatory consequences. As of 2024-06-30, investigations and litigation processes were ongoing and were frequently referenced in both company filings and media coverage.
Rate-case decisions and regulatory relief: Regulatory rulings that determine whether and how costs (including extraordinary event costs) can be recovered through rates materially affect utility cash flow and ability to service debt. For hawaiian electric stock, decisions by the Hawaii Public Utilities Commission (PUC) are primary inflection points for investor expectations.
Asset sales and corporate restructuring: Any disposition of non-core assets or restructuring of business units can alter the valuation outlook for hawaiian electric stock; investors watch announced transactions and related disclosures.
Credit facilities and capital markets activity: Amendments to credit agreements, new financings, or debt maturities that alter liquidity and leverage are important for bond and equity investors alike.

截至 2024-06-30，据 major financial reporting, these corporate events dominated the headline risk for hawaiian electric stock. For specific dates, terms or settlement amounts, consult the company’s 8-Ks and press releases.

Legal, regulatory and risk matters

Hawaii’s tightly regulated utility environment means that legal and regulatory issues are central to the investment case for hawaiian electric stock. Key risk categories include litigation and regulatory reviews stemming from wildfire events, PUC rate-making proceedings, potential penalties, and any required remedial capital spending demanded by regulators.

Primary regulatory bodies affecting the company include the Hawaii Public Utilities Commission (PUC) at the state level and, where applicable, federal agencies for interconnections and environmental matters. The PUC oversees rate approvals, cost recovery mechanisms, reliability standards and other matters that directly affect hawaiian electric stock valuation.

Settlements and court rulings

Wildfire-related lawsuits and any settlements or court rulings materially affect cash obligations and insurance recovery for hawaiian electric stock. Publicly available court filings, 8-K disclosures and company press releases are the authoritative sources for settlement amounts, payment schedules and insurance coverage details.

截至 2024-06-30，据 public reporting and company SEC filings, the company and related insurers were engaged in multi-party litigation and negotiations tied to wildfire losses. Investors should watch for filed settlement agreements, court approval notices, and any disclosures in Form 8-K that describe material terms affecting hawaiian electric stock.

Regulatory relief and rate cases

Rate-case processes in Hawaii determine whether extraordinary expenses (including those tied to disasters) can be recovered from ratepayers and under what terms. Regulatory mechanisms such as trackers, deferrals, and surcharges can provide avenues for cost recovery over time. For hawaiian electric stock, outcomes of rate cases and PUC orders are critical because they determine future cash flows and the ability to fund capex without undue strain on liquidity.

Investors should monitor PUC dockets, published orders, and the company’s filings that request interim recovery or seek balancing-account treatment for extraordinary costs. Approved regulatory relief often reduces downside risk to hawaiian electric stock by improving cash-flow visibility.

Ownership, governance and insider activity

Understanding ownership and governance helps assess the shareholder base and potential activism risk for hawaiian electric stock.

Institutional holders: Large mutual funds, pension plans and other institutional investors often hold significant stakes in utility equities. Institutional ownership levels and any recent changes provide insight into professional sentiment about hawaiian electric stock.
Insider ownership: Board members and executive officers may hold equity positions that align their incentives with long-term shareholders. Filings such as Form 4 (insider transactions) and the company proxy statement provide disclosure.
Board composition and governance: The board’s independence, committee structure (audit, compensation, risk), and expertise in regulated utility matters are important governance signals for hawaiian electric stock.

Executive leadership and board

Executive leadership that investors frequently evaluate includes the Chief Executive Officer, Chief Financial Officer and the Board Chair. Investors review biographies, prior regulatory and utility experience, and recent management commentary about strategy and risk control to gauge whether leadership appropriately addresses the operational and legal risks that affect hawaiian electric stock.

For accurate, current names and biographies of the CEO, CFO and chair impacting hawaiian electric stock, consult the company’s investor-relations web page and the most recent proxy statement.

Analyst coverage and investor sentiment

Many publicly traded utilities are covered by sell-side analysts and independent research shops. For hawaiian electric stock, analyst reports and consensus ratings (buy/hold/sell split) and price targets provide one input into market expectations.

Analyst coverage often focuses on scenarios for cost recovery after extraordinary events, credit rating implications, and the pace of renewables integration. Changes in analyst ratings or downward revisions to earnings estimates often correlate with negative movements in hawaiian electric stock.

Research and valuation viewpoints

Common themes in sell-side and independent analysis of hawaiian electric stock typically include:

Valuation multiples relative to peers (utilities with similar scale and regulatory environments).
Credit metrics such as debt/EBITDA and interest-coverage ratios given leverage sensitivities.
Scenarios for rate recovery following regulatory rulings and whether potential settlements are funded via insurance, shareholders, or ratepayers.
Near-term downside risk versus longer-term cash-flow stability from regulated rate-base growth.

When reviewing analyst viewpoints on hawaiian electric stock, always verify the date of the report and the underlying assumptions—particularly regulatory outcomes—because these assumptions materially change valuation.

Trading characteristics and instruments

Liquidity and derivatives markets influence how investors can express views on hawaiian electric stock.

Liquidity: The average daily trading volume for hawaiian electric stock indicates how easily large positions can be established and unwound without materially moving the price.
Option market activity: Listed options (if available) offer ways to hedge or construct income strategies, but implied volatility levels and open interest should be examined before trading.
Short interest: Elevated short interest can indicate bearish sentiment and increase the potential for sharp moves. Check exchange-reported short-interest data for hawaiian electric stock.
Index and ETF inclusion: Inclusion in sector or regional ETFs affects passive flows into hawaiian electric stock; check ETF holdings disclosures for exposure.

Options and derivatives

Listed equity options allow investors to hedge or generate income, and option-implied volatility sheds light on expected near-term stock movement. Unusual options flow can presage an event-driven move in hawaiian electric stock, though such signals require cautious interpretation.

Because option availability and liquidity can change, consult your broker or market data platform for real-time tickers and option chains tied to hawaiian electric stock.

Financial metrics and ratios (investor reference)

Investors frequently consult the following ratios and metrics for hawaiian electric stock; these help summarize profitability, valuation, leverage and efficiency:

Price-to-Earnings (P/E) — trailing and forward; watch for distortions from one-time items.
EV/EBITDA — enterprise-value based multiple useful for comparing capital structure-neutral valuations.
Price/Book (P/B) — can matter for asset-heavy utilities where book value ties to regulated rate base.
Debt/Equity or Net Debt/EBITDA — leverage measures important for credit risk.
Return on Equity (ROE) — regulator-set allowed ROEs and realized ROE influence investor returns.
Free Cash Flow (FCF) — cash from operations minus capex; central for dividend capacity and debt servicing.

Directionality and context: For hawaiian electric stock, watch whether leverage is rising due to settlements or increased capex and whether regulatory orders permit recovery of those costs. Changes in allowed returns in rate cases will show up over time in ROE and FCF trends.

Risks and investment considerations

Principal risks for hawaiian electric stock include:

Operational risk: equipment failure, grid outages and island-grid constraints can interrupt service and trigger regulatory scrutiny.
Litigation and liability risk: wildfire-related claims and any resulting settlements materially affect cash flow and earnings for hawaiian electric stock.
Regulatory and political risk: state regulatory decisions and public-policy changes in Hawaii may alter cost recovery, rates and permitted ROE.
Weather and natural disasters: island exposure to severe weather events, wildfires and volcanic incidents can lead to capital needs and liability.
Leverage and financing risk: elevated debt levels or near-term maturities can pressure credit ratings and financing costs.

Potential upside catalysts for hawaiian electric stock include favorable PUC rulings that approve cost recovery mechanisms, successful insurance or legal resolutions that limit shareholder exposure, constructive rate-case outcomes, and demonstrable progress on renewable integration that reduces fuel costs.

Recent news and developments

Below is a concise chronology of material developments that have affected hawaiian electric stock in recent times. For each item investors should validate the exact details in the cited filing or reporting source.

Wildfire investigations and litigation: The August 2023 Maui wildfires triggered multi-party litigation and regulatory inquiries that have been central to hawaiian electric stock risk. As of mid-2024, investigations, regulatory reviews and legal proceedings were ongoing and cited in multiple company filings.
Regulatory filings and PUC dockets: The company has filed requests and updates with the Hawaii PUC related to cost recovery and grid investments. PUC orders and interim approvals are material drivers for hawaiian electric stock performance.
Earnings releases and guidance updates: Quarterly earnings reports that include updates on legal reserves, insurance recoveries and guidance revisions have moved the stock around earnings dates.

截至 2024-06-30，据 major financial reporting outlets and the company’s 8-K filings, these developments had the most direct market impact on hawaiian electric stock; for precise press-release dates and figures, use the company’s investor-relations news archive and SEC EDGAR.

How to research and follow the stock

To follow hawaiian electric stock effectively, use these primary sources and practices:

SEC filings: Form 10-K (annual), Form 10-Q (quarterly), and current reports on Form 8-K provide authoritative, audited and legal disclosures about financial performance, risks and material events.
Company investor relations: press releases, investor presentations, and the investor calendar list earnings dates, webcasts and dividend notices relevant to hawaiian electric stock.
Regulatory dockets: Hawaii Public Utilities Commission orders and docket filings are essential when tracking rate-case progress that affects hawaiian electric stock.
Financial data providers: major market-data vendors and news sites provide real-time quotes, historical performance and consensus estimates; verify figures against filings for accuracy.
Analyst research: when available, read recent analyst notes that explain assumptions about regulatory outcomes and valuation scenarios for hawaiian electric stock.

Useful metrics to watch each quarter include: operating revenue, net income (or adjusted earnings), capital-expenditure pacing, cash from operations, changes to legal reserves, insurance recovery updates, and key language in the management discussion & analysis (MD&A) about regulatory developments.

References and data sources

Authoritative sources for any factual claims about hawaiian electric stock include:

Company SEC filings: Forms 10-K, 10-Q, 8-K, and the definitive proxy statement.
Company investor-relations releases and investor presentations.
Hawaii Public Utilities Commission dockets and orders.
Major financial news outlets and market-data providers for real-time quotes and historical data.

Where this article references public reporting or filings, readers should consult the original document for full context and numeric detail.

External links

Suggested official resources to monitor for hawaiian electric stock:

Company investor relations page (use the company website to access investor materials and filings).
SEC EDGAR for HE filings (search by company name or ticker to retrieve 10-K, 10-Q, 8-K documents).
Hawaii Public Utilities Commission official docket search to follow regulatory proceedings that affect hawaiian electric stock.

Final notes and next steps

This article has summarized how hawaiian electric stock (HE) is identified, the major business and regulatory drivers that influence its value, and where to find authoritative data. Investors tracking hawaiian electric stock should prioritize reading the latest SEC filings and PUC docket orders and should consider subscribing to company press releases and trusted market-data feeds for up-to-date quantitative figures.

To continue your research: review the most recent Form 10-Q or 10-K for hard numbers on revenue, net income, debt and cash; monitor the Hawaii PUC docket pages for rate-case updates; and track live market-data providers for current market capitalization, share price history and trading volume.

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进一步探索: check the company’s latest investor presentation and recent SEC filings for the definitive numbers that affect hawaiian electric stock valuation and risk profile.

Reporting examples (illustrative):

截至 2024-06-30，据 company SEC filings and public reporting, investigations and regulatory proceedings related to wildfire events remained material considerations for hawaiian electric stock.

截至 2024-05-15，据 press reports summarizing PUC docket activity, stakeholders were actively briefing rate-case proposals that could influence future recoverability of extraordinary costs tied to wildfire response and grid improvements.

Track hawaiian electric stock: For live quotes, filings and the investor calendar, consult SEC EDGAR and the company’s investor-relations materials. For secure wallet services related to Web3 holdings and portfolio tools, consider Bitget Wallet and Bitget’s market tools.

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