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 five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.

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

As of March 6, 2026, HE stock price declined to $14.92 with 2,378,080 million shares trading.

HE has a beta of 0.39, meaning it tends to be less sensitive to market movements. HE has a correlation of 0.04 to the broad based SPY ETF.

HE has a market cap of $2.57 billion. This is considered a Mid Cap stock.

In the last 3 years, HE traded as high as $40.16 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 outperformed the market in the last year with a return of +43.5%, while the SPY ETF gained +18.7%. In the last 3 month period, HE beat the market returning +32.6%, while SPY returned -1.7%. However, in the most recent 2 weeks HE has underperformed the stock market by returning -5.9%, while SPY returned -2.5%.

HE support price is $15.16 and resistance is $15.94 (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.