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Why Is Hawaiian Electric (HE) Stock Up 15% Today?
Investor Place· 2024-07-10 16:25
Hawaiian Electric (NYSE:HE) stock is up on Wednesday as the reports spread that Maui County is preparing to offer a settlement to those affected by the 2023 Maui fires. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. According to these reports, the county is weighing a settlement for thousands ...
3 Sorry Utilities Stocks to Sell Now While You Still Can: Summer Edition
Investor Place· 2024-06-06 20:51
You can divide these utilities to sell into three categories. First, there are utility stocks with larger issues, which counter the possible AI-related tailwind. Second, some utilities do not benefit from this growth trend. Here's an example of each one, with three utility stocks to sell. Source: snvv18870020330 / Shutterstock.com Over the past year, HE stock has fallen in price by over 70%. On a screener, shares may look like a steal, with a forward price-to-earnings (P/E) ratio of just 5.8. However, there ...
HEI(HE) - 2024 Q1 - Earnings Call Transcript
2024-05-10 22:09
Hawaiian Electric Industries, Inc. (NYSE:HE) Q1 2024 Results Conference Call May 10, 2024 4:30 PM ET Company Participants Mateo Garcia - Director, Investor Relations Scott Seu - President and Chief Executive Officer Scott Deghetto - Executive Vice President, Chief Financial Officer and Treasurer Dane Teruya - Executive Vice President and Chief Financial Officer Shelee Kimura - President and Chief Executive Officer, Hawaiian Electric Company, Inc. Ann Teranishi - American Savings Bank President and CEO Confe ...
HEI(HE) - 2024 Q1 - Quarterly Results
2024-05-10 20:04
HEI Exhibit 99 NEWS RELEASE May 10, 2024 Contact: Mateo Garcia Telephone: (808) 543-7300 Director, Investor Relations E-mail: ir@hei.com HEI REPORTS FIRST QUARTER 2024 RESULTS 1Q24 Net Income of $42.1 million and Diluted Earnings Per Share (EPS) of $0.38 HONOLULU - Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported consolidated net income for common stock for the first quarter of 2024 of $42.1 million and EPS of $0.38 compared to $54.7 million and EPS of $0.50 for the first quarter of 2023. ...
HEI(HE) - 2024 Q1 - Quarterly Report
2024-05-10 18:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q attributed to HEI. Hawaiian Electric Industries, Inc. and Subsidiaries Hawaiian Electric Company, Inc. and Subsidiaries Form 10-Q—Quarter ended March 31, 2024 TABLE OF CONTENTS Page No. ii Glossary of Terms iv Cautionary Note Regarding Forward-Looking Statements PART I. FINANCIAL INFORMATION ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ...
Hawaiian Electric Power Outages: What to Know About Widespread O'ahu Outages
InvestorPlace· 2024-04-15 14:49
Hawaiian Electric (NYSE:HE) power outages are affecting a massive number of the power company’s customers on the island of O’ahu.Almost 13,000 customers were affected by these Hawaiian Electric power outages. The company has since restored service to many of them. However, there are still about 1,800 customers that don’t have power back yet.Hawaiian Electric is working on restoring power to those customers. The company is using a helicopter to scout the island and come up with a plan of repair. It expects t ...
HEI(HE) - 2023 Q4 - Annual Report
2024-02-29 19:39
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Exact Name of Registrant Commission I.R.S. Employer as Specified in Its Charter File Number Identification No. Hawaiian Electric Industries, Inc. 1-8503 99-0208097 Hawaiian Electric Company, Inc. 1-4955 9 ...
HEI(HE) - 2023 Q4 - Earnings Call Transcript
2024-02-14 00:33
Hawaiian Electric Industries, Inc. (NYSE:HE) Q4 2023 Earnings Conference Call February 13, 2024 4:30 PM ET Company Participants Mateo Garcia - Director, Investor Relations Scott Seu - President and Chief Executive Officer Scott Deghetto - Executive Vice President, Chief Financial Officer and Treasurer Shelee Kimura - President and Chief Executive Officer, Hawaiian Electric Company, Inc. Paul Ito - SVP, Chief Financial Officer and Treasurer, Hawaiian Electric Company, Inc. Ann Teranishi - American Savings Ba ...
HEI(HE) - 2023 Q4 - Earnings Call Presentation
2024-02-13 21:27
Unemployment Rate & Visitor Arrivals (In millions) Visitor Arrivals Unemployment Rate $25,000 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------|----------------------------------------------|-------------------|------------|-----------------|---------|--------|--------------------------|-----------------|-------| | | | | | | | | | | | | (In thousands ) 12,000 | Full year 2023: 9.6M | Dec. 2023: 2.9% | % 14 | | | | | $19,699 $20,777 | | | 10,000 | | | 12 | $20,000 | $17 ...
HEI(HE) - 2023 Q3 - Quarterly Report
2023-11-13 11:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Exact Name of Registrant as Specified in Its Charter Commission File Number I.R.S. Employer Identification No. HAWAIIAN ELECTRIC INDUSTRIES, INC. 1-8503 99-0208097 and Principal Subsidiary HAWAII ...