Currently, there are 127.62M common shares owned by the public and among those 127.05M shares have been available to trade.
The company’s stock has a 5-day price change of -1.35% and -1.49% over the past three months. FHB shares are trading 4.51% year to date (YTD), with the 12-month market performance up to 29.33% 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 777.39K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.21%, 2.19%, and 12.70% respectively.
Institutional ownership of First Hawaiian INC (NASDAQ: FHB) shares accounts for 98.13% of the company’s 127.62M shares outstanding.
It has a market capitalization of $3.47B and a beta (3y monthly) value of 0.92. The stock’s trailing 12-month PE ratio is 15.12, while the earnings-per-share (ttm) stands at $1.79. The company has a debt-to-equity ratio at 0.10. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.78% over the week and 2.03% over the month.
Earnings per share for the fiscal year are expected to increase by 0.57%, and 8.71% over the next financial year.
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.
