Hawaiian Electric Industries Stock

Hawaiian Electric Industries Market capitalization 2024

Hawaiian Electric Industries Market capitalization

1.07 B USD

Ticker

HE

ISIN

US4198701009

WKN

868056

In 2024, Hawaiian Electric Industries's market cap stood at 1.07 B USD, a -23.17% increase from the 1.39 B USD market cap in the previous year.

The Hawaiian Electric Industries Market capitalization history

YEARMarket Capitalization (undefined USD)
20233.16
20224.46
20214.41
20204.24
20194.63
20183.82
20173.7
20163.36
20153.27
20142.67
20132.61
20122.57
20112.36
20102.11
20091.65
20082.09
20071.98
20062.2
20052.17
20042.08

Hawaiian Electric Industries Aktienanalyse

What does Hawaiian Electric Industries do?

Hawaiian Electric Industries Inc. is a Hawaii-based company specializing in operating utility companies, energy generation and distribution, and business and management services. The company has been listed on the stock exchange since 1921 and has become a major player in the Hawaiian economy over the years. This company was founded in 1891 as Hawaiian Electric Company to generate electricity and distribute it on the island of Oahu. In 1961, the company was merged into Hawaiian Electric Industries to expand energy generation and distribution on multiple islands in Hawaii. Over the following decades, the company expanded its business and now offers other services such as management services, renewable energy, and participation in ecological projects. The business strategy of Hawaiian Electric Industries aims to provide reliable, cost-effective, and environmentally friendly energy supply. The company produces electricity from a variety of sources, including renewable energy sources such as wind, solar, and geothermal energy. In addition, the company strives to reduce energy consumption on Hawaiian islands through digitization. The company operates three subsidiaries: 1. Hawaiian Electric Company Inc.: The company is primarily engaged in electricity supply on the islands of O'ahu, Maui, and Hawaii. This includes energy grid operation, power plant operation, and energy procurement. 2. American Savings Bank: The second business area of Hawaiian Electric Industries is the banking sector. American Savings Bank offers deposit accounts, loans, automatic checking, and other financial services in Hawaii. 3. Pacific Current: Lastly, Pacific Current invests in renewable energy and manages large investments in the sustainable energy generation sector. The company offers various products and services to support energy supply in Hawaii. Some of these products include: 1. Power supply: Hawaiian Electric Industries generates and distributes electricity on the islands of O'ahu, Maui, Moloka'i, Lana'i, and Hawaii. Power generation is done using renewable energy and fossil fuels. 2. Grid services: Hawaiian Electric Industries provides various energy companies with services such as system management, system integration, and grid operation. 3. Energy savings: As part of the Energy Savings Program, Hawaiian Electric Industries offers energy consulting, financing models for energy efficiency, and energy efficiency improvements. In conclusion, Hawaiian Electric Industries is a major company in Hawaii. The conglomerate operates utility companies and generates energy from renewable sources. Additionally, the company offers banking services and is involved in sustainable energy generation. Hawaiian Electric Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Hawaiian Electric Industries's Market Capitalization

Hawaiian Electric Industries's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Hawaiian Electric Industries's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Hawaiian Electric Industries's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Hawaiian Electric Industries’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Hawaiian Electric Industries stock

What is the current Hawaiian Electric Industries market capitalization?

The current market capitalization of Hawaiian Electric Industries is 1.07 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Hawaiian Electric Industries.

How has the market capitalization of Hawaiian Electric Industries developed in recent years?

The market capitalization of Hawaiian Electric Industries has increased/decreased by -23.17% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Hawaiian Electric Industries?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Hawaiian Electric Industries?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Hawaiian Electric Industries have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Hawaiian Electric Industries pay?

Over the past 12 months, Hawaiian Electric Industries paid a dividend of 1.44 USD . This corresponds to a dividend yield of about 14.88 %. For the coming 12 months, Hawaiian Electric Industries is expected to pay a dividend of 1.5 USD.

What is the dividend yield of Hawaiian Electric Industries?

The current dividend yield of Hawaiian Electric Industries is 14.88 %.

When does Hawaiian Electric Industries pay dividends?

Hawaiian Electric Industries pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Hawaiian Electric Industries?

Hawaiian Electric Industries paid dividends every year for the past 25 years.

What is the dividend of Hawaiian Electric Industries?

For the upcoming 12 months, dividends amounting to 1.5 USD are expected. This corresponds to a dividend yield of 15.45 %.

In which sector is Hawaiian Electric Industries located?

Hawaiian Electric Industries is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Hawaiian Electric Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hawaiian Electric Industries from 9/8/2023 amounting to 0.36 USD, you needed to have the stock in your portfolio before the ex-date on 8/17/2023.

When did Hawaiian Electric Industries pay the last dividend?

The last dividend was paid out on 9/8/2023.

What was the dividend of Hawaiian Electric Industries in the year 2023?

In the year 2023, Hawaiian Electric Industries distributed 1.4 USD as dividends.

In which currency does Hawaiian Electric Industries pay out the dividend?

The dividends of Hawaiian Electric Industries are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Hawaiian Electric Industries

Our stock analysis for Hawaiian Electric Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hawaiian Electric Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.