Hawaiian Electric Industries (HE) Given Media Sentiment Score of 0.06
News stories about Hawaiian Electric Industries (NYSE:HE) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hawaiian Electric Industries earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.4285252231247 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
HE has been the topic of several recent research reports. BidaskClub lowered shares of Hawaiian Electric Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. Zacks Investment Research raised shares of Hawaiian Electric Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th.
Hawaiian Electric Industries (HE) opened at 33.80 on Tuesday. The company has a market cap of $3.68 billion, a price-to-earnings ratio of 15.05 and a beta of 0.47. Hawaiian Electric Industries has a 12 month low of $28.35 and a 12 month high of $34.64. The company’s 50-day moving average is $33.59 and its 200 day moving average is $33.21.
Hawaiian Electric Industries (NYSE:HE) last released its earnings results on Thursday, August 3rd. The utilities provider reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.03). The firm had revenue of $556.90 million during the quarter, compared to the consensus estimate of $568.00 million. Hawaiian Electric Industries had a net margin of 9.91% and a return on equity of 8.83%. The company’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.43 EPS. Equities analysts forecast that Hawaiian Electric Industries will post $1.63 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Wednesday, August 23rd were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 3.67%. The ex-dividend date was Monday, August 21st. Hawaiian Electric Industries’s payout ratio is 55.11%.
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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).
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