HE Hawaiian Electric Industries Dashboard

Hawaiian Electric Industries, Inc. is a holding company, which through its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses. It operates through the following segments: Electric Utility, Bank, and Other. The Electric Utility segment involves in the generation, purchase, transmission, distribution, and sale of electric energy in the islands of Oahu, Hawaii, and Maui, Lanai, and Molokai. The Bank segment offers general banking services to individual and business customers through its branch system. The Other segment refers to corporate-level operating, general, and administrative expenses. The company was founded by C. Dudley Pratt Jr. in 1981 and is headquartered in Honolulu, HI.

Company profile

Ticker

Exchange

NYSE

Website

www.hei.com/

CEO

Constance Lau

Incorporated

Hawaii

Location

Hawaii

Fiscal year end

Dec 31

Sector

Utilities > Nuclear Electric Power Generation

Industry (SIC)

Electric Services

Alabama Power • NextEra Energy • Exelon Generation • SOUTHERN CALIFORNIA EDISON • Edison International • Tennessee Valley Authority • Dominion Energy • Entergy Texas • Pseg Power • PPL Electric Utilities ...

SEC CIK

0000354707

Corporate docs

Articles of Incorporation & Bylaws

IRS number

990208097

HE stock data

S&P 500

1M 1Y 2Y 5Y

News

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ROCE Insights for Hawaiian Electric Indus

20 Jul 21

After pulling data from Benzinga Pro it seems like during Q1, Hawaiian Electric Indus (NYSE:HE) earned $100.47 million, a 24.9% increase from the preceding quarter.

Hawaiian Electric Indus: Return On Capital Employed Insights

6 Jul 21

Hawaiian Electric Indus (NYSE:HE) posted Q1 earnings of $100.47 million, an increase from Q4 of 24.9%. Sales dropped to $642.95 million, a 1.42% decrease between quarters. In Q4, Hawaiian Electric Indus brought in $652.22 million in sales but only earned $80.43 million.

Understanding Hawaiian Electric Indus's Ex-Dividend Date

18 May 21

On May 6, 2021, Hawaiian Electric Indus (NYSE:HE) declared a dividend payable on June 10, 2021 to its shareholders. Hawaiian Electric Indus also announced that shareholders on the company's books on or before May 20, 2021 are entitled to the dividend.

Benzinga's Top Ratings Upgrades, Downgrades For May 11, 2021

11 May 21

Evercore ISI Group Upgrades Hawaiian Electric Indus to In-Line, Announces $45 Price Target

11 May 21

Press releases

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Hawaiian Electric Industries To Announce Second Quarter 2021 Results August 9; American Savings Bank To Announce Second Quarter 2021 Results July 30

16 Jul 21

HONOLULU, July 16, 2021 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (HEI) (NYSE:HE) will announce its second quarter 2021 financial results on Monday, August 9. In addition, American Savings Bank, F.S.B.

HEI Reports First Quarter 2021 Results

7 May 21

HONOLULU, May 7, 2021 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (NYSE:HE) (HEI) today reported consolidated net income for common stock for the first quarter of 2021 of $64.4 million and EPS of $0.59 compared to

HEI Declares Quarterly Dividend Of $0.34 Per Share

6 May 21

HONOLULU, May 6, 2021 /PRNewswire/ -- On May 6, 2021, the Board of Directors of Hawaiian Electric Industries, Inc. (HEI) (NYSE:HE) declared a quarterly cash dividend of $0.34 cents per share, payable June 10, 2021, to

American Savings Bank Reports First Quarter 2021 Financial Results

30 Apr 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

10 May 21

28 Jul 21

31 Dec 21

Financial summary

Financial statements Chart HE financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	291.65M	291.65M	291.65M	291.65M	291.65M	291.65M
Cash burn (monthly)	22.44M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	87.79M	n/a	n/a	n/a	n/a	n/a
Cash remaining	203.86M	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	9.1	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

HE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
30 Jun 21	Connors Celeste Anne	Common Stock	Grant	Aquire A	No	No	2,365	7,434
30 Jun 21	Kane Micah A.	Common Stock	Grant	Aquire A	No	No	2,365	14,513
30 Jun 21	Scilacci W James	Common Stock	Grant	Aquire A	No	No	2,365	7,588
30 Jun 21	Russell Keith P	Common Stock	Grant	Aquire A	No	No	2,365	30,514
30 Jun 21	Fowler Peggy Y	Common Stock	Grant	Aquire A	No	No	2,365	2,365

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

HE institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

53.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	308	318	-3.1%
Opened positions	41	52	-21.2%
Closed positions	51	41	+24.4%
Increased positions	83	88	-5.7%
Reduced positions	110	115	-4.3%

13F shares	Current	Prev Q	Change
Total value	2.59B	2.57B	+0.6%
Total shares	58.26M	56.37M	+3.4%
Total puts	32.5K	3.1K	+948.4%
Total calls	71.3K	3.8K	+1776.3%
Total put/call ratio	0.5	0.8	-44.1%

Largest owners	Shares	Value	Change
Vanguard	11.16M	$495.69M	-0.1%
BLK Blackrock	9.66M	$429.17M	+4.6%
Inclusive Capital Partners	3.25M	$144.25M	0.0%
WFC Wells Fargo & Co.	2.93M	$130.25M	-4.9%
STT State Street	2.82M	$125.39M	+0.8%
Nordea Investment Management Ab	2.3M	$102.1M	NEW
First Trust Advisors	1.68M	$74.69M	-5.3%
Geode Capital Management	1.54M	$68.63M	-0.8%
BK Bank Of New York Mellon	1.39M	$61.68M	-17.4%
Acadian Asset Management	1.23M	$54.56M	-29.5%

Largest transactions	Shares	Bought/sold	Change
Nordea Investment Management Ab	2.3M	+2.3M	NEW
Norges Bank	0	-869.16K	EXIT
Allianz Asset Management GmbH	762.47K	+747.37K	+4949.5%
Hotchkis & Wiley Capital Management	520.1K	+520.1K	NEW
Acadian Asset Management	1.23M	-514.47K	-29.5%
BLK Blackrock	9.66M	+424.3K	+4.6%
BK Bank Of New York Mellon	1.39M	-292.3K	-17.4%
Mirae Asset Global Investments	403.97K	+292.25K	+261.6%
Beck Bode	248K	+248K	NEW
RY Royal Bank Of Canada	115.97K	-240.09K	-67.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Recent developments—COVID-19.
In 2020, the Company made significant progress on a number of strategic initiatives despite the ongoing impact of COVID-19 on the community, customers, and employees, including advancing the state’s renewable energy transition through Hawaii’s largest-ever renewable energy and storage procurements, preparing for and implementing the new PBR framework to facilitate the renewable energy transition and align the regulatory framework with customer interests and policy goals, and accelerating the Bank’s digital Anytime, Anywhere Banking model.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-Q 2021 Q1