Reviewing IDACORP Inc. (IDA)’s and Hawaiian Electric Industries Inc. (NYSE:HE)’s results

This is therefore a contrasting of the institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation in IDACORP Inc. (NYSE:IDA) and Hawaiian Electric Industries Inc. (NYSE:HE). The two are both Electric Utilities companies that compete with one another.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
IDACORP Inc. 1.41B 3.63 233.34M 4.38 22.73
Hawaiian Electric Industries Inc. 2.88B 1.59 207.22M 1.85 20.99

We can see in table 1 the earnings per share, gross revenue and valuation of IDACORP Inc. and Hawaiian Electric Industries Inc. Hawaiian Electric Industries Inc. seems to has lower earnings, but higher revenue compared to IDACORP Inc. The company with a higher price-to-earnings ratio is presently more expensive of the two stocks. IDACORP Inc.’s shares have been trading at higher price-to-earnings ratio which means it is presently more expensive than Hawaiian Electric Industries Inc.

Profitability

Table 2 hightlights the return on equity, return on assets and net margins of the two companies.

Net Margins Return on Equity Return on Assets
IDACORP Inc. 16.55% 9.8% 3.6%
Hawaiian Electric Industries Inc. 7.20% 8.5% 1.4%

Risk and Volatility

A 0.38 beta means IDACORP Inc.’s volatility is 62.00% less than Standard & Poor’s 500’s volatility. Competitively, Hawaiian Electric Industries Inc.’s 77.00% volatility makes it less volatile than Standard & Poor’s 500, because of the 0.23 beta.

Dividends

IDACORP Inc. shareholders receive an annual dividend of $2.44 per share which is subject to 2.43% dividend yield. The dividend yield for Hawaiian Electric Industries Inc. is 3.02% while its annual dividend payout is $1.25 per share.

Analyst Ratings

The next table highlights the given recommendations and ratings for IDACORP Inc. and Hawaiian Electric Industries Inc.

Sell Ratings Hold Ratings Buy Ratings Rating Score
IDACORP Inc. 0 0 0 0.00
Hawaiian Electric Industries Inc. 2 0 0 1.00

Competitively the consensus target price of Hawaiian Electric Industries Inc. is $33, which is potential -21.58% downside.

Institutional & Insider Ownership

IDACORP Inc. and Hawaiian Electric Industries Inc. has shares owned by institutional investors as follows: 78.9% and 54.4%. Insiders owned 0.4% of IDACORP Inc. shares. Competitively, insiders own roughly 0.1% of Hawaiian Electric Industries Inc.’s shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
IDACORP Inc. 1.01% 2.14% 1.82% 2.15% 22.23% 7.02%
Hawaiian Electric Industries Inc. 1.81% 4.44% 2.37% 9.93% 17.41% 6.06%

For the past year IDACORP Inc.’s stock price has bigger growth than Hawaiian Electric Industries Inc.

Summary

IDACORP Inc. beats Hawaiian Electric Industries Inc. on 14 of the 16 factors.

IDACORP, Inc., through its subsidiary, Idaho Power Company, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. It operates 17 hydroelectric generating plants located in southern Idaho and eastern Oregon, as well as 3 natural gas-fired plants in southern Idaho; and owns interests in 3 coal-fired steam electric generating plants located in Wyoming, Nevada, and Oregon. As of December 31, 2016, the company provided electric service to approximately 535,000 general business customers; and had a network of approximately 4,861 pole-miles of high-voltage transmission lines, 24 step-up transmission substations located at power plants, 24 transmission substations, 10 switching stations, 223 energized distribution substations, and approximately 27,263 pole-miles of distribution lines. Its principal commercial and industrial customers are involved in food processing, electronics and general manufacturing, agriculture, health care, and winter recreation. The company, through its other subsidiaries, invests in housing and other real estate investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

Hawaiian Electric Industries, Inc., through its subsidiaries, engages in the electric utility and banking businesses primarily in the state of Hawaii. The companyÂ’s Electric Utility segment is involved in generating, purchasing, transmitting, distributing, and selling electric energy. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, sugarcane waste, municipal waste, and other bio fuels. This segment distributes and sells electricity on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai; and serves suburban communities, resorts, the United States armed forces installations, and agricultural operations. Its Bank segment operates a savings bank that offers banking and other financial services, including deposit products, such as savings accounts, checking accounts, money market accounts, and certificates of deposit; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans to consumers and business. Hawaiian Electric Industries Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.

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