Hawaiian Electric Industries: Very Strong Finances, But Litigation Risks Cast A Shadow [Seeking Alpha]
Hawaiian Electric Industries, Inc. (HE)
Last hawaiian electric industries, inc. earnings: 11/1 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
hei.com/corporateprofile
Company Research
Source: Seeking Alpha
The company has suspended its dividend and taken measures to strengthen its balance sheet due to litigation over its role in the Maui wildfires. There is uncertainty surrounding the potential consequences of the litigation, but investors could see substantial upside if the company is deemed innocent. The potential downside here is almost a total wipeout for common shareholders, as there is no real way that the company could pay a huge judgment. The company's finances are strong, and it might be worth taking a chance if you have some money that you do not need. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » Hawaiian Electric Industries, Inc. ( NYSE: HE ) is an electric utility that, as the name implies, serves the U.S. state of Hawaii. In fact, the company has nearly a monopoly on the provision of electricity, as it provides roughly 95% of all of the electricity consumed
Show less
Read more
Impact Snapshot
Event Time:
HE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HE alerts
High impacting Hawaiian Electric Industries, Inc. news events
Weekly update
A roundup of the hottest topics
HE
News
- American Savings Bank Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- American Savings Bank Reports First Quarter 2024 Financial ResultsBusiness Wire
- Low-cost Hawaii utility wildfire prevention legislation is short-circuited [Yahoo! Finance]Yahoo! Finance
- Hawaiian lawmakers abandon bill to securitize Hawaiian Electric fire costs [Seeking Alpha]Seeking Alpha
- Hawaiian Electric weighing sale of American Savings Bank, Bloomberg News reports [Reuters]Reuters
HE
Earnings
- 11/9/23 - Beat
HE
Analyst Actions
- 2/15/24 - Evercore ISI Group
HE
Sec Filings
- 4/30/24 - Form 8-K
- 4/10/24 - Form SC
- 3/29/24 - Form ARS
- HE's page on the SEC website