Currently, there are 127.89M common shares owned by the public and among those 127.10M shares have been available to trade.
The company’s stock has a 5-day price change of 5.37% and 6.75% over the past three months. FHB shares are trading 0.54% year to date (YTD), with the 12-month market performance up to 23.83% higher. It has a 12-month low price of $19.48 and touched a high of $28.80 over the same period. FHB has an average intraday trading volume of 716.57K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.84%, -1.99%, and 10.94% respectively.
Institutional ownership of First Hawaiian INC (NASDAQ: FHB) shares accounts for 98.26% of the company’s 127.89M shares outstanding.
It has a market capitalization of $3.34B and a beta (3y monthly) value of 0.97. The stock’s trailing 12-month PE ratio is 14.86, while the earnings-per-share (ttm) stands at $1.76. The company has a PEG of 5.60 and the debt-to-equity ratio at 0.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.09% over the week and 2.55% over the month.
Earnings per share for the fiscal year are expected to decrease by -0.70%, and -5.12% over the next financial year. EPS should grow at an annualized rate of 2.66% over the next five years, compared to -0.97% over the past 5-year period.
Looking at the support for the FHB, a number of firms have released research notes about the stock. Stephens stated their Equal-Weight rating for the stock in a research note on November 27, 2024, with the firm’s price target at $30. JP Morgan coverage for the First Hawaiian INC (FHB) stock in a research note released on July 29, 2024 offered a Underweight rating with a price target of $24. Barclays was of a view on March 08, 2024 that the stock is Equal Weight, while Wells Fargo gave the stock Underweight rating on January 05, 2024, issuing a price target of $18. JP Morgan on their part issued Neutral rating on December 13, 2022.
