Hawaiian Electric Industries reports Q4 net income $40 mln

Hawaiian Electric Industries

27/02/2026 21:14

Overview

Hawaii utility firm reported Q4 net income of $40 mln, reversing a loss last year

Core operations performed well, focusing on renewable energy and wildfire safety

Company maintained stable residential bills, offering $1 mln in payment assistance

Outlook

Company aims to reach 40% renewable portfolio standard by 2030

Result Drivers

WILDFIRE SAFETY STRATEGY - Regulators approved utility's enhanced wildfire safety strategy, focusing on technology deployment and infrastructure fortification

RENEWABLE ENERGY PROGRESS - Utility achieved a 37% renewable portfolio standard in 2025, advancing towards 2030's 40% target

FINANCIAL STABILITY - Strong balance sheet and liquidity position support long-term community investments

Company press release: ID:nBwQzDyHa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$805.82 mln
Q4 EPS
$0.23
Q4 Net Income
$39.62 mln


Analyst Coverage

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "hold."

Wall Street's median 12-month price target for Hawaiian Electric Industries Inc is $12.75, about 17.7% below its February 26 closing price of $15.50

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)