Hawaiian Electric Industries stock reports Q2 profit as core EPS falls
Hawaiian Electric Industries (HE) reported a Q2 GAAP net income of USD 123.2 million, or USD 0.71 diluted EPS, largely due to a non-cash reduction in wildfire settlement liability. Despite this, core earnings declined to USD 22.5 million (USD 0.13 per share), down from USD 35.4 million (USD 0.20 per share) in Q2 2025. Analysts maintain a "Strong Sell" consensus with an average target price below the current stock price, reflecting concerns about declining core earnings despite settlement funding efforts.
Analysts set USD 8.25 average target for Hawaiian Electric Industries stock
Analysts have set an average 12-month target of USD 8.25 for Hawaiian Electric Industries (HE) stock, with most firms rating it a "sell." The stock's current valuation is significantly below its yearly peak, largely due to wildfire liabilities and financing challenges. Despite the company's revenue matching consensus for Q2 2026, core earnings per share fell short, highlighting ongoing pressure from the Maui wildfire settlement obligation.
Hawaiian Electric Industries stock reaches a 52-week low
Hawaiian Electric Industries (HE) stock hit a 52-week low of USD 8.76 on October 1, 2026, and was trading at USD 8.90 on October 2, 2026, significantly below its 52-week high of USD 17.38. The company's core Q2 net income fell to USD 22.5 million, though reported GAAP net income increased due to a non-cash accounting benefit from the Maui wildfire settlement. Hawaiian Electric Industries also monetized a portion of its American Savings Bank stake to reduce future capital needs for settlement payments.
HE: Wildfire Funding Progress Meets More Cautious Multiple Assumptions
Hawaiian Electric Industries' fair value has been reduced by 8.81% to $9.06, reflecting updated P/E assumptions and recent model revisions. The company sold 30% of its American Savings Bank stake for $33.9 million to help fund Maui wildfire settlement obligations, with potential future sales. Despite this, revenue growth and net profit margins remain stable, but the future P/E was lowered.
Hawaiian Electric stock hits 52-week low at 8.76 USD
Hawaiian Electric Industries Inc. (HE) stock has reached a new 52-week low of $8.76, marking a 50% decline from its high of $17.38. This downturn is attributed to missed earnings, wildfire exposure, and ongoing litigation related to the Lahaina fire, despite InvestingPro suggesting the stock is undervalued and in oversold territory. Analysts have lowered price targets and issued sell ratings due to financial burdens and regulatory risks.
Hawaiian Electric stock hits 52-week low at 8.76 USD By Investing.com
Hawaiian Electric Industries Inc. (HE) stock has dropped to a 52-week low of $8.76, representing a roughly 50% decline from its high of $17.38. The company faces significant challenges, including missing Q2 core earnings estimates and ongoing litigation related to the Lahaina fire, with analysts maintaining "Underperform" and "Sell" ratings and lowered price targets. Despite being considered undervalued by InvestingPro, with its RSI in oversold territory, the stock continues to be affected by market pressures and company-specific issues.
Hawaiian Electric stock hits 52-week low at 8.76 USD By Investing.com
Hawaiian Electric Industries Inc. stock has dropped to a 52-week low of $8.76, representing a significant decline from its high of $17.38. The company is facing challenges including litigation related to the Lahaina fire, and recently missed Wall Street's earnings estimates for the second quarter. Despite these issues, InvestingPro analysis suggests the stock is currently undervalued and in oversold territory.
HE Maintained by Barclays -- Price Target Lowered to $9.00
Barclays has maintained an Equal-Weight rating for Hawaiian Electric Industries (HE) but significantly lowered its price target from $12.00 to $9.00 due to concerns about growth expectations. The GF Value indicates HE is overvalued by 13.3%, and its GF Score of 70/100 points to strong profitability but weak growth potential. Guru and insider activity shows a cautious approach, with mixed sentiment among institutional investors and no recent insider trading.
HECO Knows What’s Behind Outages. It Just Won’t Tell You
Residents and state consumer advocates are demanding more transparency from Hawaiian Electric Co. (HECO) regarding frequent power outages, especially those not tied to weather events. Despite acknowledging an increase in outages due to an aging grid, HECO has been reluctant to share detailed root-cause analyses with the public. This lack of information, coupled with HECO's ongoing financial struggles stemming from the Maui wildfires and requests for rate hikes, has intensified public frustration and scrutiny from regulatory bodies.
Hawaiian Electric Industries, I (HE) Stock Forecasts
This article provides an Argus research report summary for Hawaiian Electric Industries (HE). Argus has given HE an Investment Rating of SELL with a target price of $9.00. The report details subratings for Industry (Medium), Management (Low), Safety (Medium), Financial Strength (Low), and Growth (Low).
Hawaiian Electric Industries stock falls 1.52 percent on cash move
Hawaiian Electric Industries (HEI) stock fell 1.52 percent to USD 9.08, nearing its 52-week low, after the company converted part of its American Savings Bank stake into USD 29.5 million cash. This move is to support funding for the Maui wildfire settlement. Although reported net income increased due to the settlement liability remeasurement, core earnings per share decreased year-over-year, highlighting ongoing financial challenges for the company.
Hawaiian Electric stock hits 52-week low at 9.2 USD By Investing.com
Hawaiian Electric Industries Inc. (HE) stock has fallen to a 52-week low of $9.20, down significantly over the past week and six months, reflecting ongoing challenges in the utility sector. The company faces a substantial debt burden, disappointing earnings, and risks from ongoing litigation related to the Maui wildfire. Analysts have adjusted price targets downwards and initiated "sell" ratings due to wildfire exposure and financial concerns.
Hawaiian Electric stock hits 52-week low at 9.2 USD
Hawaiian Electric Industries Inc. (HE) stock has fallen to a 52-week low of $9.2, with its current price at $9.25, reflecting an 8.6% drop in the past week and 37% over six months. The decline is attributed to significant debt ($2.8 billion), lower-than-expected Q2 core earnings, and ongoing liabilities and risks from the Lahaina fire litigation. Analysts have adjusted price targets downwards, and the company trades significantly below the S&P 500 Utilities sector average.
A $29.5 million bank sale will reduce Hawaiian Electric’s future fundraising for Maui wildfire payments.
Hawaiian Electric Industries (HEI) sold 30% of its stake in American Savings Bank (ASB) for $29.5 million during ASB's initial public offering. These proceeds, along with potential future sales of remaining ASB shares, will help reduce HEI's need to raise capital for its Maui wildfire settlement payments. HEI CEO Scott Seu stated that this move strengthens the company's liquidity and financial position.
Form 8K Hawaiian Electric Industries Inc For: 21 September By Investing.com
This article reports on Hawaiian Electric Industries Inc.'s Form 8K filing for September 21, as published by Investing.com. It is a brief announcement indicating the filing of a Form 8K by the company. The article includes the stock symbol HE and its daily performance.
Hawaiian Electric sells stake in American Savings Bank in $29.5M deal (HE:NYSE)
Hawaiian Electric Industries (HE) sold 30% of its 9.9% stake in American Savings Bank (ASB) for $29.5 million as part of ASB's initial public offering. This move is intended to strengthen Hawaiian Electric's financial position. Following the announcement, Hawaiian Electric's stock slipped 0.8% in Monday's trading.
Form 8K Hawaiian Electric Industries Inc For: 21 September By Investing.com
This article announces that Hawaiian Electric Industries Inc. filed a Form 8K on September 21. It provides no further details on the content of the filing but lists various financial market data and related news. The piece appears to be an automated news brief generated by Investing.com.
Hawaiian Electric Industries sells stake in American Savings Bank By Investing.com
Hawaiian Electric Industries (HEI) sold approximately 2.0 million shares of American Savings Bank N.A. (ASBH) for $29.5 million in net proceeds, representing 30% of HEI’s 9.9% stake. This transaction aims to strengthen HEI’s liquidity and reduce financing needs for future wildfire settlement payments. HEI plans to monetize its remaining 6.4% stake after a 180-day lockup period, subject to market conditions.
Hawaiian Electric stock hits 52-week low at 10.1 USD By Investing.com
Hawaiian Electric Industries Inc. (HE) stock has dropped to a 52-week low of $10.1, representing a 16.42% decrease over the past year due to ongoing challenges and market conditions. The company recently reported Q2 core earnings below estimates and faces litigation related to the Lahaina fire, leading Ladenburg Thalmann to initiate coverage with a sell rating. Despite these issues, management is focused on wildfire mitigation and strategic initiatives.
Jefferies lowers Hawaiian Electric stock price target on wildfire risk
Jefferies has lowered its price target for Hawaiian Electric Industries Inc. (HE) to $8.75 from $11.75, maintaining an Underperform rating due to wildfire exposure and financing burdens. The firm projects lower earnings per share by 2029 as Maui financing impacts growth and highlights the company's significant debt and cash burn. This comes amidst ongoing litigation related to the Lahaina fire and concerns about the utility’s return on equity.
Hawaiian Electric stock hits 52-week low at 10.1 USD
Hawaiian Electric Industries stock has fallen to a 52-week low of $10.1, marking a 16.42% decrease over the past year due to ongoing challenges. The company reported Q2 core earnings below estimates at $0.13 per share, with revenue of $939.7 million, and faces risks from wildfire-related liabilities, leading Ladenburg Thalmann to initiate coverage with a sell rating. Despite these issues, management is working on wildfire mitigation and other strategic initiatives.
Ladenburg Thalmann initiates Hawaiian Electric stock with sell rating
Ladenburg Thalmann has initiated coverage on Hawaiian Electric Industries Inc. (NYSE:HE) with a "sell" rating and a price target of $7.00, implying a 37% downside from its current stock price. The firm cited concerns over the utility's significantly under-earning return on equity and the financial pressure from funding Maui wildfire settlement obligations through debt and equity, which is expected to dilute per-share value. The report follows Hawaiian Electric's Q2 core earnings miss and ongoing challenges related to the Lahaina fire litigation.
Hawaiian Electric stock hits 52-week low at 10.78 USD By Investing.com
Hawaiian Electric Industries Inc. (HE) stock recently hit a 52-week low of $10.78, currently trading at $10.82. Despite a year-long decline, InvestingPro analysis suggests the stock is undervalued, with the RSI indicating it's in oversold territory. The company faces challenges including ongoing litigation from the Lahaina fire and recently reported second-quarter core earnings below Wall Street estimates.
Behavioral Patterns of HE and Institutional Flows
This article analyzes Hawaiian Electric Industries Inc. (NYSE: HE), highlighting weak near- and mid-term sentiment that could challenge its positive long-term outlook. It identifies elevated downside risk and provides AI-generated trading strategies for various risk profiles, including position trading, momentum breakout, and risk hedging. The analysis also includes multi-timeframe signal strengths, support, and resistance levels for HE.
Ladenburg Thalmann Initiates Hawaiian Electric Industries(HE.US) With Sell Rating, Announces Target Price $7
Ladenburg Thalmann has initiated coverage of Hawaiian Electric Industries (HE.US) with a "Sell" rating. The firm has set a target price of $7 for the company's shares. This indicates a negative outlook from Ladenburg Thalmann regarding Hawaiian Electric Industries' future stock performance.
Ladenburg Thalmann Starts Hawaiian Electric (HE) at Sell
Ladenburg Thalmann initiated coverage on Hawaiian Electric (NYSE: HE) with a Sell rating and a $7.00 price target. Analyst Paul Fremont highlighted that the utility's consolidated ROE significantly underperforms the authorized 9.5% throughout the forecast period, and that funding the $1.437 billion Maui wildfire settlement will dilute per-share value, projecting a drop in EPS from $0.85 in 2027 to $0.70 by 2030.
Avoiding Lag: Real-Time Signals in (HE) Movement
This article provides a real-time analysis of Hawaiian Electric Industries Inc. (NYSE: HE) stock, highlighting weak near and mid-term sentiment, which could challenge its long-term positive outlook. It presents AI-generated trading strategies (Position, Momentum Breakout, Risk Hedging) with specific entry, target, and stop-loss levels, and details multi-timeframe signal analysis indicating varying signal strengths and support/resistance levels.
Hawaiian Electric Industries(HE) Stock Options Chain | Quotes & News
This article provides access to the stock options chain for Hawaiian Electric Industries (HE), along with quotes and news related to the company. It serves as a resource for investors looking for detailed financial data and current events concerning HE.
Hawaiian Electric races to restore power on Hawaii Island as Tropical Storm Moke nears
Hawaiian Electric is working to restore power on Hawaii Island after Tropical Storm Moke caused significant damage, leaving about 8,800 customers without electricity. While some restoration has occurred, many areas face outages ranging from 24 hours to 5-7 days, with full restoration for Kau estimated by September 8. Heavy rain and strong winds are expected to hinder repair efforts.
Hawaiian Electric Industries (HE) Is Getting Fresh Attention Today, What Is Behind It?
Hawaiian Electric Industries (HE) has attracted attention following its Q2 2026 earnings report, which showed improved financials year-over-year, despite recent share price declines. While a popular narrative suggests the stock is 8.2% undervalued with a fair value of $12.75 due to recent legislation and strategic divestments, a Simply Wall St DCF model indicates the stock may be expensive at $11.71, with an estimated future cash flow value of $2.88. The differing valuations highlight ongoing uncertainties, particularly regarding wildfire litigation and mitigation costs.
Hawaii Faces Months of Power Outages After Lala Damages Grid
Storm Lala caused extensive damage to Hawaii's electrical grid, leaving over 80,000 homes and businesses without power. Hawaiian Electric Industries Inc. stated that some customers on the Big Island and Maui could face months without service due to major infrastructure damage in remote areas. The storm also led to a wastewater discharge and disrupted 911 services, highlighting the widespread impact on the state.
Hawaiian Electric Stock: Lala Outages Halve, but 89,000 Customers Remain Offline
Hawaiian Electric (NYSE:HE) has halved storm-related outages from Tropical Storm Lala, but 88,670 customers, representing 18.7% of its base, remain without power. The pace of restoration is crucial for investors, as the company is already facing weaker underlying earnings, with Q2 core net income down 36.4%. Analysts were cautious on the stock before the storm, and the company still has unfunded Maui wildfire settlement installments.
Hawaiian Electric Shares in Spotlight Amid 42% Oʻahu Outage as U.S. Premarket Trade Begins
Hawaiian Electric Industries, Inc. (NYSE: HE) is under scrutiny as U.S. premarket trading begins, following a tropical storm that left 42% of its Oʻahu customers without power. The company faces significant restoration costs, adding to already anticipated operating expense increases that are projected to outpace inflation. Despite a GAAP net income rise due to a non-cash settlement gain, HEI's core profit declined by 37% in the second quarter, highlighting financial pressures and the challenge of balancing wildfire plan investments with storm recovery efforts.
Lala leaves one dead in Hawaii with heavy rain, wind to come
Tropical Storm Lala has caused one fatality in Hawaii and is expected to bring significant rainfall and strong winds, especially to the Big Island and Maui. Power outages are widespread, affecting nearly 60,000 customers, with some areas potentially facing "weeks or even months" without electricity. Although weakened from hurricane strength, Lala still poses a threat of life-threatening flooding and mudslides, prompting warnings for Maui County, Oahu, and Kauai County.
HE CLASS ACTION REMINDER: Hagens Berman, National Trial Attorneys, Encourages Hawaiian Electric Industries (HE) Equity and Bond Investors with Substantial Losses to Contact Firm's Attorneys Before Oct. 23rd Deadline in Securities Fraud Case
Hagens Berman is encouraging Hawaiian Electric Industries (HE) equity and bond investors who suffered substantial losses to contact their attorneys before the October 23, 2023 deadline for a securities fraud class action. The lawsuit alleges Hawaiian Electric's inadequate wildfire prevention and safety protocols placed Maui at heightened risk, leading to devastating wildfires. The firm highlights that Hawaiian Electric was aware of power shut-off strategies but did not implement them, and spent very little on Maui wildfire-specific projects despite known threats.
Hawaiian Electric Industries (HE) Earnings Put Its Undervalued Narrative Back In Focus
Hawaiian Electric Industries (HE) is back in focus after reporting Q2 2026 results, showing revenue of US$939.7 million and net income of US$123.2 million. Despite recent share price declines, the company is considered 8% undervalued with a fair value of $12.75, supported by recent legislation reducing wildfire liability and a streamlined focus on its core utility business. Investors are weighing these factors against ongoing wildfire liabilities and potential margin pressures.
Hawaiian Electric (HE) Q2 2026 Earnings Call Transcript
Hawaiian Electric (HE) reported Q2 2026 net income of $123.2 million, or $0.71 per share, a significant increase from the previous year, largely due to a non-cash accounting adjustment related to the Maui wildfire settlement. The company is actively pursuing wildfire risk mitigation, securitizing costs, and modernizing its grid through major renewable energy procurements, as it prepares for a rate reset in 2027. Despite higher O&M expenses and interest costs, the company has seen credit rating upgrades and is focused on long-term financial stability and customer affordability.
Bank of America Corp DE Buys 1,442,031 Shares of Hawaiian Electric Industries, Inc. $HE
Bank of America Corp DE significantly increased its stake in Hawaiian Electric Industries (NYSE:HE) by 111.6% in the first quarter, purchasing an additional 1.44 million shares, bringing its total to 2.73 million shares valued at $40.58 million. Despite this substantial investment, analyst sentiment for Hawaiian Electric remains largely negative, with a consensus "Reduce" rating and an average price target of $11.88. The company recently reported Q1 EPS of $0.13, missing analyst estimates, although revenue met expectations at $939.7 million, and its stock opened near its 52-week low at $11.86.
Hawaiian Electric Industries (HE) Is Down 5.3% After Profitability Surges On Modest Sales Growth Has The Bull Case Changed?
Hawaiian Electric Industries (HE) reported strong Q2 2026 results with a significant surge in net income to US$123.2 million, despite modest sales growth, leading to a 5.3% stock decline. This profitability improvement helps the short-term case for the company's ability to absorb wildfire and resilience costs, and its inclusion in defensive indices suggests a perception shift towards stability. However, long-term concerns regarding wildfire liabilities and funding strain persist, requiring investors to consider these risks against the improved earnings.
Hawaiian Electric Industries (NYSE:HE) Lowered to Strong Sell Rating by Zacks Research
Zacks Research has downgraded Hawaiian Electric Industries (NYSE:HE) to a "strong sell" rating, citing the company's recent poor earnings performance where it missed analyst consensus. This downgrade follows similar actions from Jefferies and Barclays, who also reduced price targets for HE. The stock's consensus rating is now "Reduce" with an average price target of $11.88.
Hawaiian Electric Industries, I (HE) Stock forecasts
A Morningstar analyst report indicates that Hawaiian Electric Industries (HE), the parent company of several Hawaii-based regulated utilities and a minority owner of American Savings Bank, faces headwinds due to higher costs and low earned returns. The report, authored by Andrew Bischof, assigns HE a current price of 11.68 and a fair value of 10.
Rate Rebase Critical for Hawaiian Electric to Earn Its Allowed Returns
This article highlights the critical importance of a rate rebase for Hawaiian Electric to achieve its allowed returns, especially after selling a significant stake in its American Savings Bank subsidiary. Higher costs and low earned returns are identified as key headwinds for the company. The report also mentions a previous settlement approval that paves the way forward despite regulatory uncertainties.
Hawaiian Electric Industries (NYSE:HE) Sees Strong Trading Volume - Here's What Happened
Hawaiian Electric Industries (NYSE:HE) experienced unusually high trading volume, with shares falling 5.7% to $11.845. The company missed consensus earnings estimates, reporting $0.13 per share against an expected $0.21, though revenue matched expectations at $939.7 million. Analysts maintain a cautious outlook with a "Reduce" consensus rating and an average price target of $12.38, reflecting recent price target cuts from firms like Barclays and Jefferies.
Hawaiian Electric Industries Earnings Call Signals Cautious Rebuild
Hawaiian Electric Industries (HE) Q2 earnings call highlighted cautious progress, including regulatory approvals for wildfire mitigation spending and a growing clean-energy pipeline. Despite core earnings pressure from rising operating costs and interest expenses, the company is focused on affordability and execution. Key initiatives include securitization for wildfire costs, significant renewable energy procurement, planned grid investments, and credit rating upgrades, all contributing to a cautiously constructive outlook for the company's future.
Hawaiian Electric Industries misses earnings expectations, stock up 1% By Investing.com
Hawaiian Electric Industries (NYSE:HE) reported second-quarter adjusted earnings per share of $0.13, missing analyst estimates of $0.19, despite a 26% year-over-year increase in revenue to $939.7 million. The company's stock rose 1% following the results. The decrease in core net income was attributed to higher interest expenses and increased operations and maintenance costs, though S&P recently upgraded its credit rating due to progress on wildfire mitigation.
Hawaiian Electric Industries Q2 Earnings Call Highlights
Hawaiian Electric Industries reported Q2 2026 net income of $123.2 million, or $0.71 per share, boosted by a non-cash accounting adjustment from a reduced Maui wildfire settlement liability. Despite this, core net income declined due to higher interest expenses and increased operations and maintenance costs. The company is shifting its wildfire mitigation financing towards securitization and is seeking a significant base-rate increase phased over two years, expecting elevated full-year O&M expenses for 2026.
Hawaiian Electric Industries misses earnings expectations, stock up 1%
Hawaiian Electric Industries (NYSE:HE) reported Q2 adjusted earnings per share of $0.13, missing analyst estimates of $0.19, despite a 26% year-over-year revenue increase to $939.7 million. The company's stock rose 1% post-announcement, driven by a non-cash gain from wildfire settlement liability remeasurement, though core net income decreased due to higher interest and operations costs. HEI is actively pursuing renewable energy procurement and has had its Wildfire Mitigation Plan costs fully approved and securitized, leading to an S&P credit rating upgrade.
Hawaiian Electric Industries (NYSE:HE) Releases Earnings Results
Hawaiian Electric Industries (NYSE:HE) reported Q2 EPS of $0.13, missing analyst estimates of $0.21, but revenue of $939.7 million exceeded expectations. Core net income declined due to higher operating costs, including interest and wildfire mitigation. The company plans to securitize $350 million in wildfire mitigation spending and is seeking a $170 million base-rate increase over two years, while analysts maintain a "Reduce" rating for the stock.
Hawaiian Electric Industries Q2 Non-GAAP Earnings Fall, Revenue Rises
Hawaiian Electric Industries reported a decrease in its Q2 non-GAAP earnings despite a rise in revenue. The company's EPS fell to $0.44 from $0.56 in the prior year, missing analyst estimates. However, revenue increased by 6.75% year-over-year, reaching $870.93 million.
Wildfire settlement boosts Q2 profit at Hawaiian Electric (HAWEL)
Hawaiian Electric Industries (HAWEL) reported a significant increase in Q2 2026 profit, with net income for common stock rising to $123.2 million from $26.1 million a year earlier, and diluted EPS reaching $0.71 versus $0.15. This boost was primarily due to a remeasurement benefit of $154 million from the global settlement of Maui wildfire tort claims, which reduced the discounted wildfire liability to $1.30 billion. The company made its first $479 million settlement installment in April 2026, contributing to a negative operating cash flow of $350.4 million for the first half of the year.
