Nama's AI scorecard currently rates Hawaiian Electric Industries Sell (3.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is HE's P/E ratio?

Hawaiian Electric Industries trades at a trailing price-to-earnings ratio of 12.4.

When does HE report earnings?

Hawaiian Electric Industries's next scheduled report is on Feb 26, 2027. Analysts expect EPS of $0.29.

What is the HE price target?

The median analyst price target from 4 analysts is $8.00, with a range of $6.50 – $12.00.

Is HE Shariah compliant?

Nama's AAOIFI-style screen reads Hawaiian Electric Industries as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Nama Insights

Hawaiian Electric Industries (HE)

Utilities · Utilities Regulated Electric · NYSE

Hawaiian Electric Industries (HE) is a Utilities company in the Utilities Regulated Electric industry. It has a market capitalization of $1.46B, a trailing price-to-earnings ratio of 12.4 and a free-cash-flow yield of 3.4%. Over the most recent reported fiscal year, revenue declined 4.1% and free cash flow per share fell 74.5%. Nama's AI scorecard rates it Sell, 3.2 out of 10. On 12-month momentum it ranks in the trailing band of its market.

AI scorecard

Sell · 3.2/10

Negative, at the mild end of Sell. As of Nov 7, 2026.

Momentum

Trailing · -24.3% over 12 months ex. last

Bottom 20% of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-81.2%

How far the last close sits under the highest price of the past five years.

Market cap	$1.46B
Trailing P/E	12.4
Price / book	0.8
Price / sales	0.4
FCF yield	3.4%
Dividend yield	—
Gross margin	11.5%
Operating margin	11.5%
Net margin	6.9%
Revenue growth (YoY)	-4.1%
Revenue growth (3-yr annual)	-3.4%
EPS growth (YoY)	-47.3%
FCF/share growth (YoY)	-74.5%
Beta	0.5
Exchange	NYSE
Sector	Utilities
Industry	Utilities Regulated Electric

HE earnings

Next report: Feb 26, 2027 (Q4 2026, EPS estimate $0.29). Beat the EPS estimate in 1 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Nov 6, 2026	$0.13	$0.06	+116.7%	—
Q2 2026	Aug 7, 2026	$0.13	$0.17	-23.5%	$939.70M
Q1 2026	May 8, 2026	$0.18	$0.28	-35.7%	$746.45M
Q4 2025	Feb 27, 2026	$0.24	$0.24	+0.0%	$805.82M

HE analyst price target

Median target $8.00 from 4 analysts, ranging $6.50 – $12.00.

Utilities Regulated Electric peers

Ticker	Company	Market cap	P/E
NEE	NextEra Energy	$182.36B	21.6
SO	Southern	$107.51B	18.7
DUK	Duke Energy	$99.63B	18.6
NGG	National Grid	$83.60B	—
AEP	American Electric Power	$68.90B	19.7
D	Dominion Energy	$60.34B	18.5
ETR	Entergy	$52.82B	25.2
XEL	Xcel Energy	$51.14B	18.4

Explore live HE data on Nama Insights →

Recent Congressional trades

Hawaiian Electric Industries trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Gilbert Cisneros	House	Buy	$50,001 - $100,000	Feb 11, 2025

HE FAQ

Is HE a buy?: Nama's AI scorecard currently rates Hawaiian Electric Industries Sell (3.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is HE's P/E ratio?: Hawaiian Electric Industries trades at a trailing price-to-earnings ratio of 12.4.
When does HE report earnings?: Hawaiian Electric Industries's next scheduled report is on Feb 26, 2027. Analysts expect EPS of $0.29.
What is the HE price target?: The median analyst price target from 4 analysts is $8.00, with a range of $6.50 – $12.00.
Is HE Shariah compliant?: Nama's AAOIFI-style screen reads Hawaiian Electric Industries as Not Shariah Compliant. At least one of the three ratios or the industry test failed.