Jefferies raises Hawaiian Electric stock price target on wildfire settlement progress
Jefferies has increased its price target for Hawaiian Electric Industries Inc. (NYSE:HE) to $13.75 from $13.25, while maintaining an Underperform rating, due to progress in its wildfire settlement with subrogation insurers withdrawing appeals. Despite this, the stock trades above both Jefferies' target and InvestingPro’s Fair Value, suggesting it may be overvalued. Key issues like rate rebasing and liability cap rulemaking are still pending, and rising oil prices could further pressure customer bills, impacting the rebasing review.
Hawaiian Electric Industries (NYSE:HE) Shares Pass Above 200 Day Moving Average - Should You Sell?
Hawaiian Electric Industries (NYSE:HE) saw its shares trade above its 200-day moving average, reaching $15.44. Despite this technical improvement, analyst sentiment is mixed-to-negative, with a consensus "Reduce" rating and a target price of $13.25, which is below the current share price. The company reported Q4 EPS of $0.24, matching estimates, on revenue of $805.8 million, showing a P/E ratio of 21.7 and a market capitalization of $2.66 billion.
Hawaiian Electric Industries to Announce First Quarter 2026 Results May 8
Hawaiian Electric Industries, Inc. (HEI) will announce its first quarter 2026 financial results on Friday, May 8, followed by a webcast and conference call at 10:30 a.m. Hawaii time (4:30 p.m. Eastern time). Investors can access the call and presentation materials through HEI's website under "Investor Relations." A replay will be available online and via phone shortly after the event.
A Look At Hawaiian Electric (HE) Valuation As Jefferies Reiterates Underperform And Legal Settlement Progresses
Hawaiian Electric Industries (HE) is under renewed scrutiny after Jefferies reiterated an Underperform rating, despite the utility pursuing a $170 million revenue increase and progressing on a $100 million lawsuit settlement. The stock has shown short-term gains but remains deeply negative over longer periods, with analysts questioning its valuation given a narrative fair value of $12.00 against its current trading price of $15.22, suggesting it might be overvalued. However, its P/E ratio is similar to the industry average, implying a more nuanced valuation risk.
A Look At Hawaiian Electric (HE) Valuation As Jefferies Reiterates Underperform And Legal Settlement Progresses
Hawaiian Electric Industries (HE) is under renewed scrutiny as Jefferies reiterates an "Underperform" rating amidst the utility's pursuit of a $170 million revenue increase and progress on a $100 million settlement for a stockholder derivative lawsuit. Despite recent short-term gains, the stock's long-term performance remains negative, and it trades at a premium to its intrinsic value of $12.00, raising questions about whether current pricing already accounts for future growth. The company faces ongoing wildfire litigation and increased mitigation costs, which could impact its valuation even with regulatory support for clean energy initiatives.
Hawaiian Electric Industries: Regulatory Relief Cannot Offset The Dilution Overhang
Hawaiian Electric Industries (HE) has been downgraded to HOLD with a target price of $13.95 due to a deteriorating capital structure, significant wildfire liabilities, and high capital expenditures. The company faces substantial share dilution, which is projected to cause a 39.4% drop in core 2025 EPS despite potential regulatory relief. Despite a previous BUY rating yielding a 33% return, geopolitical risks and dilution concerns outweigh short-term gains, making a near-term recovery unlikely.
Hawaiian Electric Settlement Eases Legal Pressure But Leaves Court Risks
Hawaiian Electric Industries (NYSE:HE) has agreed to a $100 million settlement, funded by insurers, to resolve significant stockholder derivative lawsuits and partially settle a related securities class action. While this agreement addresses much of the legal uncertainty, final court approval is pending with key hearings scheduled for May and August 2026. The settlement, which involves no admission of liability, allows the company to refocus on operations and grid investments, but investors should monitor court approvals, potential shareholder objections, and the impact of insurance on future risk.
Jefferies reiterates Hawaiian Electric stock Underperform on valuation concerns
Jefferies has reiterated an Underperform rating on Hawaiian Electric Industries Inc. (NYSE:HE) with a $13.25 price target, despite the company's shift from wildfire risk to regulatory normalization. The firm notes that the stock's current valuation is difficult to justify based on fundamentals, as structural challenges persist and the company has not addressed financing obligations through equity. Hawaiian Electric is navigating a $170 million rebasing proposal, recent settlement agreements, and ongoing adjustments related to the 2023 Maui wildfires.
Hawaiian Electric (NYSE: HE) returns to profit as wildfire costs drop
Hawaiian Electric Industries (NYSE: HE) reported a return to profitability in 2025, posting a net income of $123.1 million, a significant improvement from a $1.43 billion loss in 2024. This turnaround was primarily driven by a sharp reduction in wildfire-related expenses, which dropped from $1.4 billion in 2024 to $12.2 million in 2025. The company also saw a modest decline in consolidated revenues and maintained a capital structure with elevated leverage due to ongoing wildfire liabilities.
Vanguard disaggregates holdings; subsidiaries to report HE positions (HE)
Vanguard has filed an amended Schedule 13G/A for Hawaiian Electric Industries Inc (HE), reporting 0% beneficial ownership after an internal realignment on January 12, 2026. This change means that certain Vanguard subsidiaries and business divisions will now report their beneficial ownership of HE separately, pursuant to SEC Release No. 34-39538. The filing was signed by Ashley Grim on March 27, 2026, and indicates that The Vanguard Group no longer has beneficial ownership over these securities.
Hawaiian Electric Industries Inc (HE) Stock Price Up 3.29% on Mar 25
Shares of Hawaiian Electric Industries Inc (HE) saw a 3.29% increase in mid-day trading on March 25, reaching $15.06. Despite this rise, analysts forecast an average target price of $13.63, indicating a potential downside of 9.53%, with an "Underperform" recommendation from brokerage firms. GuruFocus also estimates a GF Value of $8.68, suggesting a significant downside of 42.36%.
Claim your share of the $47.75M Hawaiian Electric securities class action settlement
Investors who purchased Hawaiian Electric Industries Inc. common stock between February 28, 2019, and September 4, 2023, may be eligible to claim a cash payment from a $47.75 million class action settlement. The lawsuit alleged the company made false and misleading statements regarding its wildfire risk mitigation efforts, leading to investor losses. Class members must file a claim by June 25, 2026, and the estimated average net recovery is approximately $0.37 per eligible share.
AI Investing Insights - Official Homepage - Intellectia AI™
This page from Intellectia AI provides news and event updates for Hawaiian Electric (HE). It lists recent articles about HE's financial reports, settlement agreements, and market performance, along with an alert for customers about potential longer outages. The platform also offers various AI-powered tools and market analysis resources for investors.
A Look At Hawaiian Electric Industries (HE) Valuation After Recent Share Price Pullback
This article analyzes Hawaiian Electric Industries (HE) valuation after a recent share price pullback. Despite recent declines, the company shows significant 90-day and 1-year returns. The analysis suggests HE is currently overvalued based on a narrative fair value of $12.00, driven by assumptions about improved profitability and capital reallocation, while also considering ongoing wildfire litigation risks.
Hedge Fund 12 West Capital Buys $22.75M in Hawaiian Electric Shares - News and Statistics
12 West Capital Management LP has made a new investment in Hawaiian Electric Industries, acquiring 1.85 million shares valued at an estimated $22.75 million. This stake, representing 2.71% of the fund's reportable assets, was established in the fourth quarter of the previous year. Hawaiian Electric Industries is a diversified company providing electric utility and banking services in Hawaii, and its share price recently saw a significant increase.
Hedge Fund Adds 1.9 Million Shares of Utility Stock, According to Latest SEC Filing
12 West Capital Management LP has initiated a new stake in Hawaiian Electric Industries (NYSE:HE), acquiring 1.85 million shares valued at an estimated $22.75 million. This transaction, disclosed in a recent SEC filing, represents a 2.71% change in the hedge fund's 13F reportable assets under management. The article highlights Hawaiian Electric's strong performance over the past year, partly due to increased electricity demand from the AI industry, despite recent pullbacks over environmental and cost concerns related to data center development.
Hedge Fund Adds 1.9 Million Shares of Utility Stock, According to Latest SEC Filing
12 West Capital Management LP initiated a new position in Hawaiian Electric Industries (NYSE:HE) by acquiring 1.85 million shares, valued at approximately $22.75 million, during the fourth quarter of 2025. This new stake represents 2.71% of the fund's reportable assets under management. The transaction reflects a growing interest in utility stocks, potentially driven by increased electricity demand from the AI industry, although the stock has recently seen a pullback due to concerns over data center development.
Hedge Fund Acquires 1.9 Million Additional Shares in Utility Company, Recent SEC Document Reveals
12 West Capital Management LP has acquired 1.85 million shares of Hawaiian Electric Industries (NYSE:HE) for approximately $22.75 million, as revealed in a recent SEC filing. This acquisition represents a new position for the hedge fund, making up 2.71% of its reported assets. The purchase reflects a broader trend of increased investment in utility stocks, partly driven by the growing demand for electricity from AI data centers, though concerns about environmental impact and costs are also emerging.
6 p.m. update: Hawaiian Electric mobilizes all available resources in push to restore customers ahead of next storm
Hawaiian Electric is deploying all available resources, including extra personnel, helicopters, and heavy equipment, to expedite power restoration to customers after a recent storm, with about 99% of customers already having power. These efforts are crucial as a new Kona low storm approaches, threatening further outages. The company is urging customers to prepare for potential extended or new service interruptions as crews work across Hawaii Island, Maui County, and Oahu to repair damage and strengthen infrastructure.
Is Hawaiian Electric Industries (HE) Attractive After Recent Rebound And Ongoing Regulatory Headlines
This article analyzes Hawaiian Electric Industries (HE) after a recent rebound, considering its valuation through Discounted Cash Flow (DCF) and Price-to-Earnings (P/E) ratios. While the DCF model suggests the stock is overvalued by a significant margin, the P/E ratio indicates it might be modestly undervalued compared to industry averages and its proprietary Fair Ratio. The analysis encourages investors to consider multiple valuation perspectives and ongoing regulatory factors.
Hawaiian Electric Industries, Inc. $HE Shares Purchased by Moors & Cabot Inc.
Moors & Cabot Inc. significantly increased its stake in Hawaiian Electric Industries (NYSE:HE) during the third quarter, boosting its holdings by 67.8%. The firm now owns 378,732 shares valued at approximately $4.18 million, representing about 0.22% of the company. Other institutional investors, including Horizon Kinetics Asset Management LLC and Geode Capital Management LLC, also adjusted their positions in the utilities provider. The stock opened at $14.79, with analysts giving it an average "Reduce" rating and a target price of $13.25.
Hawaiian Electric Industries reaches $100 million settlement in derivative actions
Hawaiian Electric Industries (NYSE:HE) has announced a $100 million settlement to resolve stockholder derivative lawsuits, representing about 4% of its market capitalization. This agreement, finalized on December 31, 2025, covers actions in Hawaii and California, with payments to be made by the company's insurers without admitting liability. A portion of the settlement, $47.75 million, is allocated to a separate securities class action that received preliminary approval earlier in March.
Hawaiian Electric says court granted preliminary approval of $100M settlement (HE:NYSE)
Hawaiian Electric (HE) announced that the U.S. District Court for the District of Hawaii has granted preliminary approval for a $100 million derivative settlement agreement with its shareholders. This settlement is intended to resolve all pending derivative lawsuits against the company.
Hawaiian Electric Industries reaches $100 million settlement in derivative actions
Hawaiian Electric Industries, Inc. (NYSE:HE) announced a $100 million settlement agreement to resolve stockholder derivative lawsuits, covering actions in Hawaii and California. The payment will be made by the company's insurers, and no admission of liability is included. The settlement is subject to court approvals, with $47.75 million allocated to a separate securities class action.
Hawaiian Electric Gains Preliminary Approval for Wildfire Settlements
Hawaiian Electric has received preliminary court approval for a $100 million insurer-funded derivative settlement concerning wildfire-related governance claims, providing a clear path for its litigation exposure. This settlement, which includes no admission of liability, partially funds a related securities class action settlement. The coordinated resolution is expected to cap the company's legal overhang from the August 2023 Maui fires and improve visibility for shareholders.
Hawaiian Electric (HAWEL) lines up $100M insurer-funded derivative settlement
Hawaiian Electric Industries (HAWEL) and its subsidiary Hawaiian Electric Company have agreed to a proposed $100 million derivative settlement, fully funded by their insurers, to resolve shareholder lawsuits related to the August 2023 Maui wildfires. The settlement will provide funds to the company, with a portion of $47.75 million earmarked for an already preliminarily approved securities class action settlement. The agreement, which requires federal and state court approval, includes no admission of liability by current or former directors and officers, and aims to close an additional front of litigation for HAWEL.
JCP Investment Management LLC Buys New Holdings in Hawaiian Electric Industries, Inc. $HE
JCP Investment Management LLC has acquired a new position in Hawaiian Electric Industries (NYSE:HE), purchasing 360,000 shares valued at approximately $3.97 million, making it the fund's 11th largest holding. Despite this new investment, analyst sentiment for HE remains largely cautious, with a consensus "Reduce" rating and a target price of $13.25. The company recently reported quarterly EPS of $0.24, meeting estimates, and has a market cap of around $2.53 billion.
Hawaiian Electric outlines $450M wildfire safety strategy amidst regulatory advancements
Hawaiian Electric has detailed a comprehensive $450 million wildfire safety strategy aimed at reducing wildfire risks and protecting communities. The plan focuses on system upgrades, vegetation management, and enhanced grid resilience, particularly in areas prone to wildfires. This initiative comes as the company navigates various regulatory approvals and community engagements to implement its safety measures effectively.
8 a.m. update: Hawaiian Electric all-hands on deck for power restoration today amidst ongoing severe weather
Hawaiian Electric is deploying crews and contractors to restore power to approximately 111,000 customers across Oahu, Hawaii Island, and Maui County, who are currently without electricity due to severe weather. Restoration efforts are being conducted safely amidst ongoing torrential rains and strong winds, with critical infrastructure and areas affecting the most customers being prioritized. Customers are advised to prepare for potential extended outages throughout the weekend.
Hawaiian Electric outlines $450M wildfire safety strategy amidst regulatory advancements
Hawaiian Electric has detailed a comprehensive wildfire safety strategy totaling $450 million for 2024-2025, pending regulatory approval. This plan includes measures such as vegetation management, equipment upgrades, and grid hardening, following lessons learned from recent wildfires. The utility is seeking to recover these costs through rate adjustments, emphasizing its commitment to enhancing safety and reliability.
SHAREHOLDER ALERT: Potential Recovery for Hawaiian Electric Industries, Inc. (HE) Investors Affected by Stock Drop – Levi & Korsinsky Pursuing Class Action Lawsuit
Levi & Korsinsky LLP has announced a class action lawsuit against Hawaiian Electric Industries, Inc. (NYSE:HE) on behalf of investors who suffered losses due to a stock drop. The lawsuit alleges that Hawaiian Electric made false and misleading statements about its wildfire prevention and safety protocols between February 28, 2019, and August 16, 2023, which left Maui at heightened risk of devastating wildfires. Shareholders affected during this period are encouraged to seek information about their rights for potential recovery.
Hawaiian Electric seeks rate hikes for next 2 years
Hawaiian Electric has requested state regulators to approve rate hikes for the next two years, aiming to generate an additional $170 million annually. This increase is attributed to unforeseen inflation, rising insurance premiums after the Maui wildfires, and accelerated depreciation of fossil fuel power generation units set for early retirement. If approved, typical residential customers could see their monthly bills increase by $11 to $15 combined for 2027 and 2028.
Hawaiian Electric Industries (NYSE:HE) Stock Rating Upgraded by Wall Street Zen
Wall Street Zen has upgraded Hawaiian Electric Industries (NYSE:HE) stock from "hold" to "buy" despite a mixed outlook from other analysts and a negative MarketBeat consensus rating of "Reduce" with a $13.25 target price. The company reported Q4 EPS of $0.24, meeting estimates, with revenues of $805.8M and a market capitalization of $2.58 billion. Institutional ownership is approximately 59.9%, with several firms increasing their stakes.
What Hawaiian Electric Industries (HE)'s Wildfire-Era Profit Recovery Means For Shareholders
Hawaiian Electric Industries (HE) reported a significant profit recovery in 2025, swinging from a large net loss to net income of US$123.12 million, partly due to wildfire-related settlements and regulatory approval of a safety plan. This return to profitability and progress in litigation are crucial for the company's investment narrative, though potential higher wildfire and climate-related costs could still impact future profitability. Analysts' forecasts for HE project improved revenues and earnings by 2028, with current valuations suggesting a 25% downside to its fair value.
Assessing Hawaiian Electric (HE) Valuation After Earnings Turnaround And Wildfire Settlement Progress
Hawaiian Electric (HE) has seen a significant turnaround with a strong share price rebound following its 2025 earnings being profitable, along with progress in wildfire settlements and regulatory approvals. Despite a 90-day share price return of 42.91% and a 1-year total shareholder return of 54.11%, the stock is considered "Overvalued" by one narrative at a fair value of $12.00 compared to its closing price of $16.12, while a DCF model suggests an even lower value of $1.26, indicating significant valuation risk. The article highlights ongoing risks from wildfire litigation and funding needs, contrasting with legislative efforts to cap liability and support infrastructure.
Assessing Hawaiian Electric (HE) Valuation After Earnings Turnaround And Wildfire Settlement Progress
Hawaiian Electric (HE) has seen a significant turnaround with full-year 2025 profits after a loss, driven by wildfire settlements and regulatory approvals, leading to a 42.91% share price increase over 90 days. Despite this rebound, different valuation models offer contrasting perspectives: one narrative suggests the stock is overvalued at $16.12 with a fair value of $12.00, while another discounted cash flow model indicates an estimated value of $1.26, flagging high valuation risk. The article urges investors to consider both the recovery progress and ongoing risks like litigation before making investment decisions.
JPMorgan Chase & Co. Has $13.73 Million Stock Holdings in Hawaiian Electric Industries, Inc. $HE
JPMorgan Chase & Co. significantly increased its stake in Hawaiian Electric Industries (HE) by 153.9% in Q3, now holding 1,243,332 shares valued at approximately $13.73 million. Despite this, the stock has a "Hold" consensus rating with an average target price of $13.50, and recent analyst actions have been mixed, including downgrades and upgrades. Hawaiian Electric Industries reported Q3 EPS of $0.24 on $805.8 million revenue and currently trades above the consensus target at $16.12 with a market capitalization of $2.78 billion.
Hawaiian Electric, Investors Get Nod for $48 Million Settlement
A federal judge has granted preliminary approval for a nearly $48 million settlement in a securities lawsuit against Hawaiian Electric Industries Inc. The lawsuit stemmed from the deadly 2023 Lahaina wildfire. The settlement, recovering 2.8% of $1.72 billion in estimated damages, was accepted by the judge after investors provided additional information.
Hawaiian Electric Industries Q4 & Full-Year 2025 Earnings: $41.4M Profit - News and Statistics
Hawaiian Electric Industries Inc. reported a fourth-quarter profit of $41.4 million, translating to 23 cents per share, or 24 cents adjusted for non-recurring costs. The company's revenue for the quarter was $805.8 million, while its full-year 2025 profit stood at $126.3 million, or 71 cents per share, on revenues of $3.09 billion. This article also outlines the structure of a market research report offered by IndexBox, detailing various sections from market overview to country profiles and data forecasts.
Hawaiian Electric Industries updates tax information for $250 million stock offering
Hawaiian Electric Industries has updated the tax information related to its ongoing at-the-market (ATM) equity offering of up to $250 million in common stock. The company filed updated descriptions of certain material U.S. federal income tax considerations, replacing a previous section in its prospectus supplement. This update comes alongside a reported financial turnaround for 2025, moving from a net loss to profit despite wildfire litigation and increased operating expenses, supported by clean energy and wildfire safety strategies.
Hawaiian Electric Wildfire Settlements And New Funding Reframe Risk For Investors
Hawaiian Electric Industries (NYSE: HE) is making progress on resolving Maui wildfire tort claims, supported by favorable court decisions and a new financial framework, despite historical stock declines due to wildfire risk. The company has secured new utility debt and an expanded credit facility, returned to profitability in 2025 with $123.12 million in net income, and is continuing efforts towards its renewable energy targets. For investors, these legal and financial developments provide a clearer picture of the company's resilience, though elevated financial risk from interest payments and ongoing wildfire-related costs remain concerns.
Hawaiian Electric Industries updates tax considerations for $250 million stock offering
Hawaiian Electric Industries (NYSE:HE) has updated the U.S. federal income tax considerations for its ongoing $250 million at-the-market (ATM) common stock offering, as disclosed in an SEC filing. This offering marks a significant capital-raising effort, especially since the company does not pay dividends. The stock has shown strong performance, rising 26% over the past six months, and the company recently reported a turnaround to profitability in 2025 despite challenges.
Hawaiian Courts Continue to Support Settlement While Regulation Improving
The article discusses how Hawaiian Electric Industries will primarily generate income from its electric utility after selling a significant stake in its American Savings Bank subsidiary. It highlights that constructive court rulings are moving towards the final approval of a settlement. The author, Andrew Bischof, notes these developments in his analysis for Morningstar.
Vanguard Group Inc. Has $196.31 Million Position in Hawaiian Electric Industries, Inc. $HE
Vanguard Group Inc. reduced its stake in Hawaiian Electric Industries (NYSE:HE) by 1.0% in the third quarter, now owning 17,782,018 shares valued at $196.31 million. Other institutional investors like Comerica Bank and Royal Bank of Canada increased their holdings in HE. Hawaiian Electric Industries reported Q4 EPS of $0.24, meeting estimates, and analysts currently hold a "Hold" consensus rating with a $13.17 price target for the stock.
Hawaiian Electric Updates Tax Disclosure for Foreign Shareholders
Hawaiian Electric (HE) has updated its U.S. federal tax disclosure for non-U.S. holders in connection with its $250 million at-the-market stock offering initiated on September 19, 2024. This revised disclosure clarifies tax implications for foreign investors regarding potential dividends, returns of capital, and stock dispositions, including withholding rates and the impact if the company becomes a U.S. real property holding corporation. The update aims to provide more transparency for international investors assessing the company's equity.
Hawaiian Electric Industries, Inc. (NYSE:HE) Given Average Recommendation of "Hold" by Brokerages
Five brokerages have given Hawaiian Electric Industries, Inc. (NYSE:HE) an average recommendation of "Hold," with two analysts rating it a "sell," one a "hold," and two a "buy." The average 12-month target price is $13.17, yet the stock opened at $15.45. Institutional investors own nearly 60% of the company, which reported quarterly earnings of $0.24 per share, matching estimates.
Hawaiian Electric updates tax terms for $250M ATM | HE SEC Filing - Form 8-K
Hawaiian Electric Industries, Inc. (NYSE: HE) has filed an 8-K form updating the tax disclosure for its existing "at-the-market" equity program, which allows it to sell up to $250 million worth of common stock. The update primarily revises the "Certain Material U.S. Federal Income Tax Considerations" for non-U.S. holders, detailing tax implications for distributions, sales, and reporting, while noting the company does not expect to pay dividends soon. This filing replaces previous tax descriptions in its prospectus supplement.
Hawaiian Electric Industries Inc Bottom Line Rises In Q4
Hawaiian Electric Industries Inc (HE) reported an increase in its fourth-quarter profit, with earnings totaling $39.61 million, or $0.23 per share, up from $29.16 million, or $0.17 per share, in the prior year. Adjusted earnings for the period were $41.29 million, or $0.24 per share. The company's revenue also saw a slight increase of 0.8% to $805.82 million.
Hawaiian Electric Shares Are Higher Today – Know Why
Hawaiian Electric Industries (HE) shares rose after the company reported a swing to profit in the fourth quarter of 2025, with a net income of $40 million compared to a net loss of $68 million in 2024. The improved results were attributed to lower expenses related to strategic reviews and Maui wildfire costs, and the utility also achieved a 37% renewable portfolio standard for 2025. Retail sentiment for HEI trended bullish following the news, with shares having gained 46.2% over the past year.
Hawaiian Electric Industries reports Q4 net income $40 mln
Hawaiian Electric Industries announced a net income of $40 million for the fourth quarter. This brief report, sourced from Refinitiv via Reuters, provides key financial data for the utility company.
