HE Stock Recent News

Hawaiian Electric (HE, Financial) recently witnessed a sharp decline in its stock price, dropping by 5.02% to $9.28 per share. The trading volume reached 1.65725 million shares with a turnover rate of 0.96% and a price amplitude of 4.96%.

Hawaiian Electric Industries, Inc. (NYSE:HE ) Q2 2024 Earnings Conference Call August 9, 2024 4:30 PM ET Company Participants Mateo Garcia - Director, IR Scott Seu - President and CEO Scott DeGhetto - EVP, CFO and Treasurer Paul Ito - SVP, CFO and Treasurer Conference Call Participants Michael Lonegan - Evercore Jonathan Reeder - Wells Fargo Operator Good afternoon. My name is Audra, and I will be your conference operator today.

Rate cuts may finally be upon us. After a tentative few months, inflation is showing signs of faltering and the market is beginning to price in rate cuts coming as early as September.

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. According to these reports, the county is weighing a settlement for thousands of people affected by the fires.

Utility stocks have historically been defensive, dividend-focused plays, but so far this year, utilities have become a hot sector among more aggressive investors. This is largely because of the impact of the AI revolution on electricity demand.

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 Conference Call Participants Michael Lonegan - Evercore Jonathan Reeder - Wells Fargo Paul Patterson - Glenrock Associates Operator Good day. My name is Brianna, and I will be your conference operator.

HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries to Announce First Quarter 2024 Results May 10; American Savings Bank to Announce First Quarter 2024 Results April 30.

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.

One of the best ideas for surviving market ambiguity is to focus on utility stocks. Since the enterprises underlying this category benefit from a natural monopoly, they effectively command permanent relevance.

Hawaiian Electric Industries, Inc. (HE) Q4 2023 Earnings Call Transcript