Stock of the Day - March 27, 2020

Hawaiian Electric Industries (HE)

$13.45

-$0.31 (-2.3%)

Market Cap: $2.38B

About Hawaiian Electric Industries

Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai.

Its 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 Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. 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.

Today's Trend

Hawaiian Electric Industries, Inc. (NYSE: HE) shares are under pressure after the company reported first-quarter 2026 results that missed Wall Street expectations. The utility posted EPS of $0.18 versus the consensus $0.27, and revenue of $746.45 million also came in below estimates of $805.26 million. While net income improved year over year, investors appear focused on the earnings and revenue shortfall, which helps explain the stock's recent weakness.

HEI said first-quarter net income rose to $30 million from $27 million a year earlier, showing some year-over-year improvement in profitability. HEI Reports First Quarter 2026 Results
Excluding Maui wildfire-related costs and Pacific Current review expenses, core operations still generated $0.18 per share, indicating underlying earnings remained stable despite special charges. HEI Reports First Quarter 2026 Results
Investors are also digesting the earnings call transcript and commentary around recovery efforts and ongoing risks, which may shape sentiment but does not appear to have changed the main reaction to the quarter. Hawaiian Electric’s Earnings Call Balances Risks and Recovery
The quarter missed analyst estimates on both earnings and revenue, a clear negative for near-term sentiment and a key reason the stock has moved lower. HEI Reports First Quarter 2026 Results
Zacks Research downgraded Hawaiian Electric Industries (NYSE: HE) from strong-buy to hold, adding another bearish signal for the stock. Hawaiian Electric Industries, Inc. (NYSE:HE) Q1 2026 Earnings Call Transcript

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Hawaiian Electric Industries (HE)

About Hawaiian Electric Industries

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