Hawaiian Electric Industries (NYSE: HE) is one of 85 publicly-traded companies in the “Electric Utilities” industry, but how does it weigh in compared to its rivals? We will compare Hawaiian Electric Industries to similar companies based on the strength of its risk, profitability, institutional ownership, valuation, analyst recommendations, earnings and dividends.
Earnings & Valuation
This table compares Hawaiian Electric Industries and its rivals revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Hawaiian Electric Industries||$2.49 billion||$544.05 million||16.11|
|Hawaiian Electric Industries Competitors||$7.30 billion||$2.15 billion||30.02|
Hawaiian Electric Industries’ rivals have higher revenue and earnings than Hawaiian Electric Industries. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
48.2% of Hawaiian Electric Industries shares are held by institutional investors. Comparatively, 65.6% of shares of all “Electric Utilities” companies are held by institutional investors. 0.9% of Hawaiian Electric Industries shares are held by insiders. Comparatively, 2.7% of shares of all “Electric Utilities” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Risk & Volatility
Hawaiian Electric Industries has a beta of 0.47, suggesting that its stock price is 53% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries’ rivals have a beta of 0.70, suggesting that their average stock price is 30% less volatile than the S&P 500.
This table compares Hawaiian Electric Industries and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Hawaiian Electric Industries||9.91%||8.83%||1.47%|
|Hawaiian Electric Industries Competitors||-10.85%||3.46%||0.48%|
This is a breakdown of recent ratings and target prices for Hawaiian Electric Industries and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Hawaiian Electric Industries||3||1||0||0||1.25|
|Hawaiian Electric Industries Competitors||525||2922||2348||41||2.33|
Hawaiian Electric Industries currently has a consensus target price of $32.33, suggesting a potential downside of 10.80%. As a group, “Electric Utilities” companies have a potential upside of 6.54%. Given Hawaiian Electric Industries’ rivals stronger consensus rating and higher probable upside, analysts clearly believe Hawaiian Electric Industries has less favorable growth aspects than its rivals.
Hawaiian Electric Industries pays an annual dividend of $1.24 per share and has a dividend yield of 3.4%. Hawaiian Electric Industries pays out 55.1% of its earnings in the form of a dividend. As a group, “Electric Utilities” companies pay a dividend yield of 3.1% and pay out 101.2% of their earnings in the form of a dividend. Hawaiian Electric Industries is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.
Hawaiian Electric Industries rivals beat Hawaiian Electric Industries on 10 of the 15 factors compared.
Hawaiian Electric Industries Company Profile
Hawaiian Electric Industries, Inc. is a holding company with its principal subsidiaries engaged in electric utility and banking businesses operating primarily in the State of Hawaii. The Company’s subsidiaries include Hawaiian Electric Company, Inc. (Hawaiian Electric) and ASB Hawaii, Inc. (ASB Hawaii). Its segments include Electric utility, Bank and Other. It operates its electric utility business through Hawaiian Electric and its subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric). It operates its Bank segment through ASB Hawaii’s subsidiary, American Savings Bank, F.S.B. (ASB). Its electric public utilities are in the business of generating, purchasing, transmitting, distributing and selling electric energy. ASB is a federally chartered savings bank providing a range of banking services to individual and business customers.
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