Evergy (NASDAQ:EVRG – Get Free Report) and Hawaiian Electric Industries (NYSE:HE – Get Free Report) are both utilities companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, valuation, earnings, institutional ownership, analyst recommendations, risk and dividends.
Profitability
This table compares Evergy and Hawaiian Electric Industries’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Evergy | 15.19% | 9.20% | 2.76% |
| Hawaiian Electric Industries | 6.89% | 7.90% | 1.48% |
Volatility and Risk
Evergy has a beta of 0.53, indicating that its stock price is 47% less volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.48, indicating that its stock price is 52% less volatile than the S&P 500.
Analyst Recommendations
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Evergy | 0 | 3 | 8 | 0 | 2.73 |
| Hawaiian Electric Industries | 2 | 2 | 0 | 0 | 1.50 |
Evergy currently has a consensus target price of $90.60, indicating a potential upside of 12.17%. Hawaiian Electric Industries has a consensus target price of $11.88, indicating a potential upside of 8.52%. Given Evergy’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Evergy is more favorable than Hawaiian Electric Industries.
Insider & Institutional Ownership
87.2% of Evergy shares are held by institutional investors. Comparatively, 59.9% of Hawaiian Electric Industries shares are held by institutional investors. 1.5% of Evergy shares are held by company insiders. Comparatively, 0.2% of Hawaiian Electric Industries shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Earnings and Valuation
This table compares Evergy and Hawaiian Electric Industries”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Evergy | $5.96 billion | 3.12 | $855.60 million | $3.94 | 20.50 |
| Hawaiian Electric Industries | $3.09 billion | 0.61 | $126.28 million | $1.30 | 8.42 |
Evergy has higher revenue and earnings than Hawaiian Electric Industries. Hawaiian Electric Industries is trading at a lower price-to-earnings ratio than Evergy, indicating that it is currently the more affordable of the two stocks.
Summary
Evergy beats Hawaiian Electric Industries on 14 of the 14 factors compared between the two stocks.
About Evergy
Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.
About Hawaiian Electric Industries
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
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