Hawaiian Electric Industries, Inc. is the largest supplier of electricity in the state of Hawaii, supplying power to 95% of Hawaiis population through its electric utilities: Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited.
Company profile
Ticker
HE
Exchange
Website
CEO
Constance Lau
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Hawaiian Electric Company, Inc. • Maui Electric Company, Limited • Hawaii Electric Light Company, Inc. • Renewable Hawaii, Inc. • ASB Hawaii, Inc. • The Old Oahu Tug Service, Inc. • Pacific Current, LLC • Hamakua Holdings, LLC • Hamakua Energy, LLC • Mauo, LLC ...
IRS number
990208097
HE stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
24 Mar 23
DEFA14A
Additional proxy soliciting materials
24 Mar 23
DEF 14A
Definitive proxy
24 Mar 23
8-K
Regulation FD Disclosure
20 Mar 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Hei Reports 2022 Results
13 Feb 23
8-K
American Savings Bank Reports Fourth Quarter and Full Year 2022 Financial Results
30 Jan 23
8-K/A
HEI appoints Paul Ito as Chief Financial Officer
6 Jan 23
8-K
HEI appoints Paul Ito as Chief Financial Officer
3 Jan 23
8-K
Mary Kipp Joins Hawaiian Electric Board
14 Dec 22
Transcripts
HE
Earnings call transcript
2022 Q3
8 Nov 22
HE
Earnings call transcript
2022 Q2
8 Aug 22
HE
Earnings call transcript
2022 Q1
9 May 22
HE
Earnings call transcript
2021 Q4
15 Feb 22
HE
Earnings call transcript
2021 Q3
5 Nov 21
HE
Earnings call transcript
2021 Q2
10 Aug 21
HE
Earnings call transcript
2021 Q1
7 May 21
HE
Earnings call transcript
2020 Q4
17 Feb 21
HE
Earnings call transcript
2020 Q3
6 Nov 20
HE
Earnings call transcript
2020 Q2
8 Aug 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 204.93 mm | 204.93 mm | 204.93 mm | 204.93 mm | 204.93 mm | 204.93 mm |
| Cash burn (monthly) | (no burn) | 8.88 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 26.80 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 178.13 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 20.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
54.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 321 |
| Opened positions | 45 |
| Closed positions | 44 |
| Increased positions | 117 |
| Reduced positions | 93 |
| 13F shares | Current |
|---|---|
| Total value | 2.49 tn |
| Total shares | 60.12 mm |
| Total puts | 1.30 k |
| Total calls | 36.00 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 12.62 mm | $528.04 bn |
| BLK Blackrock | 10.21 mm | $427.38 bn |
| Nordea Investment Management Ab | 4.15 mm | $174.80 bn |
| STT State Street | 3.86 mm | $161.68 bn |
| First Trust Advisors | 2.03 mm | $85.15 bn |
| BK Bank Of New York Mellon | 1.63 mm | $68.23 bn |
| Geode Capital Management | 1.60 mm | $66.69 bn |
| Charles Schwab Investment Management | 1.35 mm | $56.68 bn |
| Allspring Global Investments | 1.30 mm | $54.33 bn |
| Dimensional Fund Advisors | 1.25 mm | $52.10 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Mar 23 | Russell Keith P | Common Stock | Sell | Dispose S | No | No | 39.212 | 10,000 | 392.12 k | 23,447 |
| 17 Feb 23 | Ann Teranishi | Common Stock | Payment of exercise | Dispose F | No | No | 42.3 | 1,731 | 73.22 k | 15,432 |
| 17 Feb 23 | Shelee M.T. Kimura | Common Stock | Payment of exercise | Dispose F | No | No | 42.3 | 3,922 | 165.90 k | 20,002 |
| 17 Feb 23 | Kurt K. Murao | Common Stock | Payment of exercise | Dispose F | No | No | 42.3 | 2,607 | 110.28 k | 28,955 |
| 17 Feb 23 | Paul K Ito | Common Stock | Payment of exercise | Dispose F | No | No | 42.3 | 1,535 | 64.93 k | 11,643 |
News
A House Equipped With Tesla Solar Roof Earns $350 A Month For Owner
16 Mar 23
Hawaiian Electric Indus's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
17 Feb 23
Guggenheim Maintains Neutral on Hawaiian Electric Indus, Lowers Price Target to $42
15 Feb 23
Hawaiian Electric Indus Q4 EPS $0.52 Misses $0.55 Estimate, Sales $1.01B Beat $771.70M Estimate
14 Feb 23
Earnings Scheduled For February 14, 2023
14 Feb 23
Press releases
HEI Reports 2022 Results
14 Feb 23
HEI Increases Quarterly Dividend to $0.36 Per Share
10 Feb 23
American Savings Bank Reports Fourth Quarter and Full Year 2022 Financial Results
30 Jan 23
HEI to Announce Fourth Quarter and Full Year 2022 Results February 14; American Savings Bank to Announce 2022 Results January 30
13 Jan 23
HEI appoints Paul Ito as Chief Financial Officer
3 Jan 23