HE Stock Summary and Trading Ideas (Hawaiian Electric Industries | NYSE:HE)

Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the islands of Oahu, Hawaii, Maui, Molokai, and Lanai.

Hawaiian Electric Industries trades on the NYSE stock market under the symbol HE.

As of August 31, 2026, HE stock price declined to $11.16 with 684,885 million shares trading.

HE has a beta of 0.31, meaning it tends to be less sensitive to market movements. HE has a correlation of 0.01 to the broad based SPY ETF.

HE has a market cap of $1.93 billion. This is considered a Small Cap stock.

In the last 3 years, HE traded as high as $18.19 and as low as $7.61.

The top ETF exchange traded funds that HE belongs to (by Net Assets): IJR, VTI, IWM, VB, INFL.

HE has underperformed the market in the last year with a price return of -13.4% while the SPY ETF gained +19.3%. HE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.3% and -4.9%, respectively, while the SPY returned +1.8% and -1.3%, respectively.

HE support price is $11.23 and resistance is $11.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HE shares will trade within this expected range on the day.