Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM) trades at $20.93. Hawaiian Electric Co Inc operates in the electric utility sector, focusing on producing, purchasing, distributing, and selling electricity across several Hawaiian islands. Market cap: $3.61B, Sector: Utilities.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for HAWEM: HAWEM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HAWEM against Utilities peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
HAWEM: 1/1 perspectives are bearish.
How is this calculated? →Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM) Utility Operations & Dividend Profile
Hawaiian Electric Co Inc, a regulated electric utility, generates, distributes, and sells electricity on Oahu, Hawaii, Maui, Lanai, and Molokai. With a $3.61B market cap and a P/E ratio of 19.81, the company serves diverse customers, including residential, commercial, and military sectors, within the Hawaiian Islands.
What Is the Investment Thesis for HAWEM?
Investing in Hawaiian Electric Co Inc (HAWEM) requires careful consideration of its regulated utility business model and strategic focus on renewable energy. With a market capitalization of $3.61B and a P/E ratio of 19.81, the company's profitability is reflected in its 4.1% profit margin. Key value drivers include the ongoing transition to renewable energy sources, supported by Hawaii's mandate for 100% renewable energy by 2045. This transition presents growth opportunities through investments in solar, wind, and geothermal projects. However, investors should be aware of potential risks, including regulatory challenges, infrastructure costs, and the impact of natural disasters on the island's power grid. The company's beta of 0.24 suggests relatively low volatility compared to the broader market.
Based on FMP financials and quantitative analysis
HAWEM Key Highlights
- Market capitalization of $3.61B, reflecting its position as a significant player in the Hawaiian electric utility market.
- P/E ratio of 19.81, indicating investor valuation relative to earnings.
- Profit margin of 4.1%, demonstrating the company's profitability in a regulated environment.
- Gross margin of 7.6%, reflecting the efficiency of its electricity production and distribution operations.
- Beta of 0.24, suggesting lower volatility compared to the overall market, typical for utility stocks.
Who Are HAWEM's Competitors?
HAWEM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CNLPM The Connecticut Light and Power Company | $32.99 | +1.29% | $315.00M | 72 |
| CNTHP The Connecticut Light and Power Company | $52.70 | +0.55% | $318.06M | 69 |
| CNLHP The Connecticut Light and Power Company | $36.95 | +0.00% | $223.00M | 68 |
| CNPWP The Connecticut Light and Power Company | $32.75 | +0.00% | $197.65M | 66 |
| DUKB Duke Energy Corporation 5.625% | $23.42 | +0.52% | $18.21B | 50 |
| SOJD Southern Company (The) Series 2 | $19.35 | +0.36% | $21.66B | 50 |
| TXNM TXNM Energy, Inc. | $56.85 | -0.15% | $6.29B | 50 |
| NGG National Grid plc transmits and distributes electricity and gas, operating through various segments in the UK and the US. The company | $82.59 | -0.31% | $82.19B | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HAWEM's Key Strengths?
- Established presence as the primary electricity provider in Hawaii.
- Regulated utility framework provides stable revenue streams.
- Commitment to renewable energy transition aligns with state goals.
- Extensive infrastructure network across multiple islands.
What Are HAWEM's Weaknesses?
- High dependence on fossil fuels for electricity generation.
- Vulnerability to natural disasters, such as hurricanes and earthquakes.
- High electricity costs compared to mainland U.S.
- Regulatory and political challenges in implementing renewable energy projects.
What Could Drive HAWEM Stock Higher?
- Transition to renewable energy sources, driven by Hawaii's mandate for 100% renewable energy by 2045.
- Investments in grid modernization to improve efficiency and reliability.
- Potential regulatory approvals for new renewable energy projects.
- Expansion of electric vehicle charging infrastructure.
- Implementation of energy storage solutions to address intermittency issues.
What Are the Key Risks for HAWEM?
- Financial-distress signal — its Altman Z-Score of 0.71 sits in the distress zone (elevated bankruptcy risk).
- Regulatory challenges and delays in project approvals.
- High infrastructure costs associated with renewable energy transition.
- Impact of natural disasters on the island's power grid.
- Dependence on fossil fuels for electricity generation.
- Fluctuations in fuel costs and commodity prices.
What Are the Growth Opportunities for HAWEM?
- Renewable Energy Transition: Hawaii's mandate to achieve 100% renewable energy by 2045 presents a substantial growth opportunity for Hawaiian Electric. This involves investing in solar, wind, geothermal, and other renewable energy projects. The market size for renewable energy in Hawaii is projected to reach several billion dollars over the next decade. Hawaiian Electric is positioned to capitalize on this trend by developing new renewable energy facilities and modernizing its grid to accommodate these sources. This transition will enhance the company's sustainability profile and reduce its reliance on fossil fuels.
- Grid Modernization: Modernizing the electric grid is crucial for integrating renewable energy sources and improving the reliability of electricity supply. Hawaiian Electric plans to invest in smart grid technologies, including advanced metering infrastructure (AMI) and grid automation systems. These investments will enhance grid efficiency, reduce energy losses, and enable better management of distributed energy resources. The market for smart grid technologies is growing rapidly, driven by the need for more resilient and efficient energy infrastructure. The timeline for these upgrades extends over the next 5-10 years.
- Energy Storage Solutions: As renewable energy sources become more prevalent, energy storage solutions are essential for addressing intermittency issues. Hawaiian Electric is exploring various energy storage technologies, including battery storage systems and pumped hydro storage. These solutions will help to balance the supply and demand of electricity, ensuring a stable and reliable power grid. The market for energy storage is expanding rapidly, driven by the increasing adoption of renewable energy and the need for grid stability. The company is actively pursuing projects to deploy energy storage systems across its service areas.
- Electrification of Transportation: The electrification of transportation presents another growth opportunity for Hawaiian Electric. As more consumers adopt electric vehicles (EVs), the demand for electricity will increase. Hawaiian Electric is preparing for this trend by investing in EV charging infrastructure and developing programs to encourage EV adoption. This includes partnering with local businesses and government agencies to install charging stations and offering incentives for EV owners. The market for EV charging infrastructure is expected to grow significantly over the next decade.
- Customer Engagement and Energy Efficiency: Enhancing customer engagement and promoting energy efficiency are key strategies for managing electricity demand and reducing costs. Hawaiian Electric is implementing programs to educate customers about energy conservation and provide tools for managing their energy consumption. This includes offering rebates for energy-efficient appliances and providing online portals for customers to track their energy usage. These initiatives will help to reduce peak demand, lower energy costs for customers, and improve the overall efficiency of the electric grid.
What Opportunities Does HAWEM Have?
- Expansion of renewable energy generation capacity.
- Modernization of grid infrastructure to improve efficiency and reliability.
- Growth in electric vehicle adoption and charging infrastructure.
- Development of energy storage solutions to address intermittency issues.
What Threats Does HAWEM Face?
- Increasing competition from independent power producers.
- Rising fuel costs and commodity price volatility.
- Potential for regulatory changes that could impact profitability.
- Impact of climate change on infrastructure and operations.
What Are HAWEM's Competitive Advantages?
- Geographic Monopoly: Operates as the primary electricity provider on several Hawaiian islands, creating a natural monopoly.
- Regulatory Framework: Benefits from a regulated utility framework that provides stable revenue streams and predictable returns.
- Infrastructure: Owns and operates extensive electricity generation, transmission, and distribution infrastructure.
- Local Expertise: Possesses deep local knowledge and relationships, providing a competitive advantage in navigating the Hawaiian market.
What Does HAWEM Do?
Hawaiian Electric Co Inc, established to provide reliable electricity services, has evolved into a key player in Hawaii's energy infrastructure. The company's core business involves generating, purchasing, distributing, and selling electricity to customers on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its operations support a wide range of consumers, including suburban communities, resorts, U.S. Armed Forces installations, and agricultural operations. The company's infrastructure includes power plants, transmission lines, and distribution networks that ensure a stable electricity supply across its service areas. Hawaiian Electric is committed to transitioning to cleaner energy sources and has been actively investing in renewable energy projects such as solar, wind, and geothermal power. These efforts align with Hawaii's ambitious goals for achieving 100% renewable energy by 2045. The company faces the challenge of balancing affordability, reliability, and sustainability in its operations, while also navigating regulatory frameworks and community expectations. Hawaiian Electric's strategic focus remains on modernizing its grid, integrating more renewable energy sources, and enhancing customer service to meet the evolving needs of the Hawaiian community.
What Products and Services Does HAWEM Offer?
- Generates electricity through power plants using various fuel sources.
- Purchases electricity from independent power producers.
- Distributes electricity to residential, commercial, and military customers.
- Sells electricity to customers on Oahu, Hawaii, Maui, Lanai, and Molokai.
- Invests in renewable energy projects, including solar, wind, and geothermal.
- Maintains and upgrades the electric grid infrastructure.
- Provides customer service and support.
- Promotes energy efficiency and conservation programs.
How Does HAWEM Make Money?
- Generates revenue by selling electricity to customers.
- Operates under a regulated utility framework, with rates set by the Public Utilities Commission.
- Invests in infrastructure and renewable energy projects to meet growing demand and regulatory requirements.
- Manages costs through efficient operations and fuel procurement strategies.
What Industry Does HAWEM Operate In?
Hawaiian Electric operates within the regulated electric utility industry, characterized by stable demand and government oversight. The industry is undergoing a significant transformation, driven by the increasing adoption of renewable energy sources and the modernization of grid infrastructure. In Hawaii, this transition is particularly pronounced due to the state's ambitious renewable energy goals. Competitors like ATNE and ENCVF also operate in the broader energy sector, but Hawaiian Electric's focus is specifically on serving the Hawaiian Islands. The competitive landscape includes other utilities and independent power producers, all striving to meet the growing demand for clean and reliable energy.
Who Are HAWEM's Key Customers?
- Residential customers in suburban communities.
- Commercial businesses, including resorts and retail establishments.
- U.S. Armed Forces installations.
- Agricultural operations.
F-Score 7/9Financial Health
Hawaiian Electric Company, Inc. PFD SER D 5%'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 0.71 places it in the distress zone, a signal of elevated financial risk.
HAWEM Financials
Bull Case vs Bear Case
Bull Case
- Hawaiian Electric's consistent dividend payments provide a stable income stream, attracting income-focused investors in the current volatile market.
- Positive community sentiment suggests a belief in the company's long-term stability, possibly due to its essential service provision.
- Recent market developments indicate increased interest in utility stocks as a safe haven during economic uncertainty, potentially benefiting HAWEM.
- Insider activity, if showing buying trends, could signal confidence in the company's future performance and dividend sustainability.
Bear Case
- Community sentiment reveals concerns about the company's ability to maintain its dividend payout given potential regulatory changes or increased operating costs.
- Market perception could be negatively impacted by broader economic downturns, leading investors to reduce exposure to even stable income-generating assets.
- Recent insider activity, if showing selling trends, might indicate a lack of confidence in the company's ability to sustain current performance.
- The company's reliance on traditional energy sources may face increasing scrutiny and potential challenges from the growing focus on renewable energy alternatives.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
HAWEM Latest News
No recent news available for HAWEM.
HAWEM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HAWEM.
Price Targets
Wall Street price target analysis for HAWEM.
HAWEM MoonshotScore
What does this score mean?
The MoonshotScore rates HAWEM's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Shelee M. T. Kimura
Unknown
Shelee M. T. Kimura is the lead executive managing Hawaiian Electric Company, overseeing a workforce of 2,533 employees. Information regarding her detailed career history, educational background, and previous roles is not available in the provided data. Further research would be needed to provide a comprehensive profile of her professional experience and credentials.
Track Record: Due to limited information, a detailed track record of Shelee M. T. Kimura's key achievements, strategic decisions, and company milestones under her leadership cannot be provided. Additional data is needed to assess her performance and contributions to Hawaiian Electric Company.
HAWEM OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM) may not meet the minimum financial standards or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting, making it more difficult for investors to assess their financial health and operational performance. Unlike stocks listed on major exchanges like the NYSE or NASDAQ, OTC Other stocks often have less stringent listing requirements and may not be subject to the same level of regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Disclosure: Lack of comprehensive financial reporting can make it difficult to assess the company's financial health.
- Low Liquidity: Low trading volume can lead to price volatility and difficulty in buying or selling shares.
- Regulatory Uncertainty: OTC stocks may be subject to less regulatory oversight, increasing the risk of fraud or mismanagement.
- Information Asymmetry: Limited information availability can create an uneven playing field for investors.
- Delisting Risk: The company may be delisted from the OTC market if it fails to meet minimum requirements.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive position.
- Evaluate the management team and their track record.
- Understand the risks associated with investing in OTC stocks.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Established Operations: Hawaiian Electric has a long history of operating as a utility company.
- Essential Service: Provides an essential service to the Hawaiian community.
- Regulatory Oversight: Operates under the oversight of the Public Utilities Commission.
- Infrastructure Assets: Owns and operates significant infrastructure assets.
- Employee Base: Employs a substantial workforce of 2,533 employees.
HAWEM Utilities Stock FAQ
What does Hawaiian Electric Company, Inc. PFD SER D 5% do?
Hawaiian Electric Co Inc is an electric utility company that generates, purchases, distributes, and sells electricity on the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. It serves a diverse customer base, including residential, commercial, and military clients. The company is committed to transitioning to cleaner energy sources and has been actively investing in renewable energy projects such as solar, wind, and geothermal power. Hawaiian Electric operates under a regulated utility framework, ensuring a stable electricity supply across its service areas.
What are the main risks for HAWEM?
The main risks for Hawaiian Electric include regulatory challenges in obtaining approvals for renewable energy projects, high infrastructure costs associated with transitioning to renewable energy sources, and the potential impact of natural disasters on the island's power grid. The company also faces risks related to its dependence on fossil fuels and fluctuations in fuel costs. Additionally, as an OTC stock, HAWEM carries risks associated with limited liquidity and disclosure.
What are the key factors to evaluate for HAWEM?
Evaluate HAWEM on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does HAWEM data refresh on this page?
HAWEM prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven HAWEM's recent stock price performance?
Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence as the primary electricity provider in Hawaii. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider HAWEM overvalued or undervalued right now?
Valuing Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying HAWEM?
Before investing in Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding HAWEM to a portfolio?
Key strength of Hawaiian Electric Company, Inc. PFD SER D 5% (HAWEM): Established presence as the primary electricity provider in Hawaii. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available on CEO's background and track record.
- AI analysis pending for HAWEM.