The company is set to announce its latest quarterly earnings on Thursday, May 7th, with a consensus estimate of earnings per share at $0.27.
Hawaiian Electric Industries, Inc. (HE) is currently priced at $15.18, showing a decrease of -1.01% from the previous close. Trading volume is at $445,789, representing an increase of 18.94% compared to the average.
The latest quarterly earnings report, released on Thursday, February 26th, revealed earnings per share of $0.24, in line with the consensus estimate.
HE offers a forward dividend yield of 9.49% and a dividend per share of 36 cents, indicating a strong distribution of profits to investors.
The company's operating cash flow stands at $106.41 million, with a net change in cash of -$46.46 million, ending the period with $980.75 million in cash.
HE reported a revenue of $805.82 million, resulting in a net income of $41.36 million, translating to earnings per share of 23 cents.
Key financial metrics include a net profit margin of 5.13%, return on equity at 2.58%, and a price-to-earnings ratio of 12.83.
HE shows total assets of $8.92 billion, total liabilities of $7.32 billion, and net debt of $1.98 billion.
This real-time financial report provides insights into Hawaiian Electric Industries, Inc.'s current financial status and performance metrics.
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility, banking, and renewable/sustainable infrastructure investment businesses in the state of Hawaii. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. The Bank segment operates a community bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. This segment operates 42 branches, including 29 branches in Oahu, 6 branches in Maui, 4 branches in Hawaii, 2 branches in Kauai, and 1 branch in Molokai. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries Inc. was incorporated in 1891 and is headquartered in Honolulu, Hawaii.