Hawaiian Electric Industries, Inc. (NYSE:HE) announced on August 7 2014 that, company will maintain its quarterly cash dividend of $0.31 per share and the same will be payable on September 10. 2014. Both Zacks and JPMorgan Chase & Co. have a “Neutral” rating for the stock but other analysts have a “Buy” rating for the stock. The consensus rating of Hawaiian Electric Industries, Inc. (NYSE:HE) is “Buy” with a target price of $25.13.
Questar Corporation (NYSE:STR) is also trading around its 52-week low of $21.44 after releasing its second quarter 2014 earnings in the last week. The company reported a net income of $40.3 million with an improvement of 2% as compared to the same quarter last year. Questar Corporation (NYSE:STR) reported EPS of $0.23 for the second quarter which is 5% higher than the second quarter of 2013. The adjusted EBITDA for this quarter was $137.3 million with 12% improvement from the previous year’s quarter.
UIL Holdings Corporation (NYSE:UIL) is the last company, shares of which are trading near their 52-week low of $34.34. UIL Holdings Corporation (NYSE:UIL) reported per share earnings of $0.16 or $9.3 million for the second quarter 2014.
According to the CEO of UIL Holdings Corporation (NYSE:UIL), James P. Torgerson, “Although net income for the second quarter, excluding acquisition-related expenses, was slightly lower than last year, we had strong financial performance for the first six months of 2014, with consolidated net income increasing by $7.0 million.” He even added that the tax adjustment were a major reasons for lower income.
This article has been written by Prakash Pandey and edited by Serkan Ünal.
Most Expensive Handbag Brands in the World
Tallest People Ever