The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for First Hawaiian Inc. (FHB) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $18.32. The First Hawaiian Inc. has recorded 37,740 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed First Hawaiian to Report Second Quarter 2023 Financial Results on July 28, 2023.
First Hawaiian Inc. is listed on the NASDAQ as a member of the Financial sector and is a part of the Banks – Regional industry. At the end of the last regular session, the stock closed at $18.32 and fluctuated between $18.53 as its day high and $18.12 as its day low. The current market capitalization of First Hawaiian Inc. is $2.28B. A total of 0.94 million shares were traded on the day, compared to an average of 884.84K shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, FHB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 27 BUYs and 30 SELLs from insiders. Insiders purchased 221,546 shares during that period but sold 48,222.
In the most recent transaction, Harrison Robert S bought 23,500 shares of FHB for 21.61 per share on Mar 16. After the transaction, the CHAIRMAN, PRESIDENT AND CEO now owns 350,449 company shares.
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. First Hawaiian Inc. pays an annual dividend of $1.04, resulting in a dividend yield of 5.68%, and it has a price to earnings (P/E) ratio of 8.43. FHB’s most recent ex-dividend date was 8/18/2023 when it declared a $0.26 quarterly dividend that was paid in cash on 9/1/2023. Previously, the company paid the dividend on 6/2/2023 with an ex-dividend date of 5/19/2023. The FHB stock dividend was $0.26 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for FHB in the last 3 months, the mean price target is $20.50 with high estimates of $22.00 and low estimates of $17.00. In terms of 52-week highs and lows, FHB has a high of $28.28 and a low of $15.08.
As of this writing, FHB has an earnings estimate of $0.44 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.42. The company reported an EPS of $0.52 in the last quarter, which was -3.70% lower than expectations of $0.54.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $18.49, while its Total Shareholder’s Equity was $2.66B.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FHB is Buy with a score of 2.57.