Hawaiian Electric Industries traded at $13.23 this Friday May 15th, decreasing $0.31 or 2.29 percent since the previous trading session. Looking back, over the last four weeks, Hawaiian Electric Industries lost 16.05 percent. Over the last 12 months, its price rose by 24.58 percent. Looking ahead, we forecast Hawaiian Electric Industries to be priced at 12.96 by the end of this quarter and at 12.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hawaiian Electric Industries, Inc. is a holding company with its principal subsidiaries engaged in electric utility and banking businesses operating primarily in the State of Hawaii. The Company's subsidiaries include Hawaiian Electric Company, Inc. (Hawaiian Electric) and ASB Hawaii, Inc. (ASB Hawaii). Its segments include Electric utility, Bank and Other. It operates its electric utility business through Hawaiian Electric and its subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric). It operates its Bank segment through ASB Hawaii's subsidiary, American Savings Bank, F.S.B. (ASB). Its electric public utilities are in the business of generating, purchasing, transmitting, distributing and selling electric energy. ASB is a federally chartered savings bank providing a range of banking services to individual and business customers.