First Hawaiian (FHB) to Release Earnings on Friday

First Hawaiian (NASDAQ:FHB) will be issuing its quarterly earnings data before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

First Hawaiian (NASDAQ:FHB) last issued its earnings results on Friday, January 26th. The bank reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.08). The company had revenue of $210.14 million for the quarter, compared to analysts’ expectations of $201.09 million. First Hawaiian had a return on equity of 9.87% and a net margin of 20.90%. During the same period last year, the business posted $0.62 earnings per share. On average, analysts expect First Hawaiian to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Hawaiian Stock Performance

Shares of NASDAQ:FHB opened at $22.21 on Thursday. The firm has a market cap of $2.83 billion, a PE ratio of 12.07 and a beta of 1.01. The firm’s 50 day simple moving average is $21.29 and its 200-day simple moving average is $20.74. First Hawaiian has a one year low of $15.08 and a one year high of $23.22.

Analysts Set New Price Targets

A number of equities analysts have recently commented on FHB shares. StockNews.com raised shares of First Hawaiian to a “sell” rating in a research report on Friday, January 19th. Wells Fargo & Company raised their target price on shares of First Hawaiian from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Monday, January 29th. Finally, Barclays initiated coverage on shares of First Hawaiian in a research report on Friday, March 8th. They set an “equal weight” rating and a $25.00 target price on the stock. Three analysts have rated the stock with a sell rating and one has given a hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $21.60.

About First Hawaiian

First Hawaiian, Inc operates as a bank holding company for First Hawaiian Bank that provides a range of banking products and services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company offers various deposit products, including checking, savings, and time deposit accounts, and other deposit accounts.