Hawaiian Electric Industries rises on market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 07 2025
0mins
Should l Buy HE?
Source: Business Insider
Hawaiian Electric Industries Inc saw a price increase of 6.71%, crossing above its 5-day SMA. This movement aligns with the broader market strength, as the Nasdaq-100 rose 0.66% and the S&P 500 gained 0.44%.
The stock's rise is attributed to sector rotation, as investors are increasingly focusing on utility companies amid favorable market conditions. The positive sentiment in the market has contributed to the stock's upward momentum, reflecting a shift in investor preferences.
This upward movement suggests that Hawaiian Electric Industries is well-positioned to benefit from the current market dynamics, potentially leading to further gains in the near future.
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Analyst Views on HE
Wall Street analysts forecast HE stock price to fall
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 15.420
Low
10.00
Averages
11.00
High
12.00
Current: 15.420
Low
10.00
Averages
11.00
High
12.00
About HE
Hawaiian Electric Industries, Inc. is a holding company that provides energy services. The Company’s subsidiaries are principally engaged in electric utility and non-regulated renewable/sustainable infrastructure businesses operating in the State of Hawaii. Its electric utility, Hawaiian Electric Company, Inc. (Hawaiian Electric), supplies power to approximately 95% of Hawaii’s population. The Company operates through the electric utility segment. Hawaiian Electric and its operating utility subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric), are regulated electric utilities that provide essential electric service to approximately 95% of Hawaii’s population through the operation of five separate grids that serve communities on the islands of Oahu, Hawaii, Maui, Lanai and Molokai. Its subsidiary, Pacific Current, LLC, invests in non-regulated clean energy and sustainable infrastructure in the State of Hawaii.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hawaiian Electric Q1 2026 Earnings Call Highlights
- Wildfire Settlement Progress: Hawaiian Electric reached a comprehensive settlement agreement in August 2024 and made its first $479 million payment on April 10, 2026, marking a significant step in compensating victims of the 2023 Maui wildfires, thereby enhancing public trust in the company.
- Rate Rebasement Proposal: The company plans to implement a 5.3% rate increase in 2027, which is expected to raise average customer bills by $8 to $12, aiming to balance customer affordability with necessary investments, reflecting the company's adaptability to high oil price pressures.
- CapEx Adjustment: Following the approval of the Waial Generating Station repowering project, the capital expenditure forecast for 2026 is now approximately $157 million, significantly up from the previous $90 million, demonstrating the company's commitment to enhancing energy reliability and resilience.
- Liquidity Management: As of the end of Q1 2026, the company holds nearly $1 billion in liquidity, ensuring it can manage increased working capital requirements due to rising global fuel prices, showcasing its financial robustness in uncertain market conditions.
See More
Major Earnings Reports Expected: JHG and HE
- Earnings Preview: On Friday, Janus Henderson Group plc (JHG) and Hawaiian Electric Industries (HE) are set to release their earnings reports, with market participants keenly awaiting their performance and future guidance, which is expected to impact investor sentiment.
- Market Reaction: Investors are adopting a cautious stance ahead of the earnings releases, particularly in the current economic climate, as the results from JHG and HE will serve as indicators of industry health and may influence short-term stock volatility.
- Earnings Season: This earnings release is a significant part of the earnings season, with analysts closely monitoring these companies' performance in terms of revenue, profit, and future outlook to assess their competitiveness in their respective markets.
- Investor Focus: As the earnings date approaches, market expectations and analyst reports regarding these two companies will become crucial for investor decision-making, potentially affecting stock price movements and investment strategies.
See More
Hawaiian Electric Set to Announce Q1 Earnings on May 8
- Earnings Announcement: Hawaiian Electric is set to release its Q1 earnings on May 8, with a consensus EPS estimate of $0.28, reflecting a 21.7% year-over-year increase, which could positively influence the company's stock price.
- Performance Beat Record: Over the past two years, Hawaiian Electric has exceeded EPS estimates 25% of the time and revenue estimates 100% of the time, demonstrating its stable profitability and bolstering market confidence.
- EPS Estimate Revision: In the last three months, there has been one upward revision and no downward adjustments to EPS estimates, indicating analysts' optimistic outlook on the company's future performance, potentially attracting more investor interest.
- Settlement Approval: Hawaiian Electric announced that a court granted preliminary approval for a $100 million settlement, which, despite the dilution overhang, may help improve the company's reputation and alleviate potential financial burdens.
See More
Hawaiian Electric to Announce Q1 2026 Financial Results
- Earnings Announcement Schedule: Hawaiian Electric Industries, Inc. (HEI) will announce its Q1 2026 financial results on May 8, 2026, and will hold a webcast and conference call at 10:30 a.m. Hawaii time (4:30 p.m. Eastern time) to provide detailed insights into its financial performance.
- Participation Details: Investors can dial 1-888-660-6377 (U.S.) or 1-929-203-0797 (international) to join the conference call, entering passcode 2393042 to ensure access to the latest company updates and financial information.
- Replay Information: An online replay will be available on HEI's website approximately two hours after the event, and an audio replay will also be accessible via phone until May 15, allowing investors who missed the live event to catch up on the discussions.
- Information Disclosure Channels: HEI and its subsidiary Hawaiian Electric will continue to use their website as the primary means of disclosing information, and investors are encouraged to regularly check the Investor Relations section for the latest announcements and SEC filings to stay informed about company developments.
See More
HAWAIIAN ELECTRIC REPORTS APPROXIMATELY 6,500 OAHU CUSTOMERS WITHOUT POWER, MOSTLY IN THE NORTH SHORE REGION
- Power Outage in Oahu: Approximately 6,500 customers in Oahu are currently without electricity.
- Affected Areas: The outage includes around 6,400 customers specifically in the North Shore area.
See More
HAWAIIAN ELECTRIC INITIATES POWER RESTORATION ON OAHU'S NORTH SHORE; TEAMS EVALUATING CIRCUITS THAT WERE PROACTIVELY SHUT DOWN DUE TO FLOODING
Power Restoration Process: Crews are currently working on restoring power on Oahu's North Shore after recent flooding.
Assessment of Circuits: Teams are actively assessing circuits that have been turned off due to the flooding conditions.
See More
Hawaiian Electric Q1 2026 Earnings Call Highlights
- Wildfire Settlement Progress: Hawaiian Electric reached a comprehensive settlement agreement in August 2024 and made its first $479 million payment on April 10, 2026, marking a significant step in compensating victims of the 2023 Maui wildfires, thereby enhancing public trust in the company.
- Rate Rebasement Proposal: The company plans to implement a 5.3% rate increase in 2027, which is expected to raise average customer bills by $8 to $12, aiming to balance customer affordability with necessary investments, reflecting the company's adaptability to high oil price pressures.
- CapEx Adjustment: Following the approval of the Waial Generating Station repowering project, the capital expenditure forecast for 2026 is now approximately $157 million, significantly up from the previous $90 million, demonstrating the company's commitment to enhancing energy reliability and resilience.
- Liquidity Management: As of the end of Q1 2026, the company holds nearly $1 billion in liquidity, ensuring it can manage increased working capital requirements due to rising global fuel prices, showcasing its financial robustness in uncertain market conditions.
See More
Major Earnings Reports Expected: JHG and HE
- Earnings Preview: On Friday, Janus Henderson Group plc (JHG) and Hawaiian Electric Industries (HE) are set to release their earnings reports, with market participants keenly awaiting their performance and future guidance, which is expected to impact investor sentiment.
- Market Reaction: Investors are adopting a cautious stance ahead of the earnings releases, particularly in the current economic climate, as the results from JHG and HE will serve as indicators of industry health and may influence short-term stock volatility.
- Earnings Season: This earnings release is a significant part of the earnings season, with analysts closely monitoring these companies' performance in terms of revenue, profit, and future outlook to assess their competitiveness in their respective markets.
- Investor Focus: As the earnings date approaches, market expectations and analyst reports regarding these two companies will become crucial for investor decision-making, potentially affecting stock price movements and investment strategies.
See More
Hawaiian Electric Set to Announce Q1 Earnings on May 8
- Earnings Announcement: Hawaiian Electric is set to release its Q1 earnings on May 8, with a consensus EPS estimate of $0.28, reflecting a 21.7% year-over-year increase, which could positively influence the company's stock price.
- Performance Beat Record: Over the past two years, Hawaiian Electric has exceeded EPS estimates 25% of the time and revenue estimates 100% of the time, demonstrating its stable profitability and bolstering market confidence.
- EPS Estimate Revision: In the last three months, there has been one upward revision and no downward adjustments to EPS estimates, indicating analysts' optimistic outlook on the company's future performance, potentially attracting more investor interest.
- Settlement Approval: Hawaiian Electric announced that a court granted preliminary approval for a $100 million settlement, which, despite the dilution overhang, may help improve the company's reputation and alleviate potential financial burdens.
See More
Hawaiian Electric to Announce Q1 2026 Financial Results
- Earnings Announcement Schedule: Hawaiian Electric Industries, Inc. (HEI) will announce its Q1 2026 financial results on May 8, 2026, and will hold a webcast and conference call at 10:30 a.m. Hawaii time (4:30 p.m. Eastern time) to provide detailed insights into its financial performance.
- Participation Details: Investors can dial 1-888-660-6377 (U.S.) or 1-929-203-0797 (international) to join the conference call, entering passcode 2393042 to ensure access to the latest company updates and financial information.
- Replay Information: An online replay will be available on HEI's website approximately two hours after the event, and an audio replay will also be accessible via phone until May 15, allowing investors who missed the live event to catch up on the discussions.
- Information Disclosure Channels: HEI and its subsidiary Hawaiian Electric will continue to use their website as the primary means of disclosing information, and investors are encouraged to regularly check the Investor Relations section for the latest announcements and SEC filings to stay informed about company developments.
See More
HAWAIIAN ELECTRIC REPORTS APPROXIMATELY 6,500 OAHU CUSTOMERS WITHOUT POWER, MOSTLY IN THE NORTH SHORE REGION
- Power Outage in Oahu: Approximately 6,500 customers in Oahu are currently without electricity.
- Affected Areas: The outage includes around 6,400 customers specifically in the North Shore area.
See More
HAWAIIAN ELECTRIC INITIATES POWER RESTORATION ON OAHU'S NORTH SHORE; TEAMS EVALUATING CIRCUITS THAT WERE PROACTIVELY SHUT DOWN DUE TO FLOODING
Power Restoration Process: Crews are currently working on restoring power on Oahu's North Shore after recent flooding.
Assessment of Circuits: Teams are actively assessing circuits that have been turned off due to the flooding conditions.
See More
