First Hawaiian (NASDAQ:FHB) Stock Rating Cut to Sell at Wall Street Zen

First Hawaiian (NASDAQ:FHB) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other research firms have also weighed in on FHB. Benchmark reissued a “hold” rating on shares of First Hawaiian in a research report on Tuesday, July 14th. Stephens upgraded shares of First Hawaiian from an “equal weight” rating to an “overweight” rating and set a $33.00 price objective on the stock in a report on Thursday, August 6th. TD Cowen cut their price target on First Hawaiian from $31.00 to $28.00 and set a “hold” rating for the company in a report on Monday, October 5th. The Goldman Sachs Group upped their target price on First Hawaiian from $27.00 to $30.00 and gave the company a “sell” rating in a research note on Tuesday, July 7th. Finally, Zacks Research downgraded shares of First Hawaiian from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 13th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $29.00.

First Hawaiian Price Performance

Shares of First Hawaiian stock opened at $25.34 on Friday. First Hawaiian has a 1-year low of $23.26 and a 1-year high of $30.58. The company has a market capitalization of $3.08 billion, a PE ratio of 11.02, a P/E/G ratio of 1.35 and a beta of 0.76. The business has a 50-day moving average of $25.51 and a 200-day moving average of $26.98.

First Hawaiian (NASDAQ:FHB) last released its earnings results on Friday, October 23rd. The bank reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.07). The firm had revenue of $230.23 million during the quarter, compared to analysts’ expectations of $229.20 million. First Hawaiian had a return on equity of 10.27% and a net margin of 24.41%. During the same period last year, the business earned $0.59 earnings per share. On average, equities analysts expect that First Hawaiian will post 2.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Illinois Municipal Retirement Fund grew its holdings in shares of First Hawaiian by 0.6% in the 1st quarter. Illinois Municipal Retirement Fund now owns 65,002 shares of the bank’s stock valued at $1,602,000 after buying an additional 397 shares during the period. IFP Advisors Inc lifted its position in shares of First Hawaiian by 17.9% during the 2nd quarter. IFP Advisors Inc now owns 3,231 shares of the bank’s stock valued at $95,000 after acquiring an additional 491 shares during the period. Parallel Advisors LLC boosted its stake in First Hawaiian by 11.3% in the first quarter. Parallel Advisors LLC now owns 5,171 shares of the bank’s stock valued at $127,000 after buying an additional 525 shares in the last quarter. Elevation Wealth Partners LLC raised its holdings in First Hawaiian by 378.5% in the 2nd quarter. Elevation Wealth Partners LLC now owns 933 shares of the bank’s stock valued at $27,000 after buying an additional 738 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in First Hawaiian by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 28,467 shares of the bank’s stock valued at $701,000 after buying an additional 824 shares during the period. 97.63% of the stock is currently owned by institutional investors.

Key Stories Impacting First Hawaiian

Here are the key news stories impacting First Hawaiian this week:

• Positive Sentiment: Third-quarter revenue reached $230.23 million, topping analyst expectations of $229.20 million. The result indicates that the bank’s underlying revenue generation remained resilient. Earnings Flash: First Hawaiian Reports Third-Quarter Revenue
• Positive Sentiment: Management declared a dividend alongside the third-quarter results, supporting the stock’s income appeal. First Hawaiian’s return on equity was 10.27%, while its net margin was 24.41%. First Hawaiian Reports Third-Quarter Results and Declares Dividend
• Positive Sentiment: An analyst review characterized Hawaii’s island economy as robust, providing a relatively supportive backdrop for First Hawaiian’s lending and banking operations. First Hawaiian Bank: Island Economy Remains Robust
• Neutral Sentiment: The third-quarter earnings call and related transcripts provide additional management commentary on credit quality, loan trends, expenses and outlook, but the supplied reports do not identify a specific new catalyst from the discussion. First Hawaiian Q3 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings were $0.52 per share, missing the roughly $0.59–$0.60 consensus estimate by $0.07–$0.08. EPS also declined from $0.59 in the year-earlier quarter, making the earnings shortfall the primary reason for the negative stock reaction. First Hawaiian Lags Third-Quarter Earnings Estimates

First Hawaiian Company Profile

First Hawaiian, Inc is the parent company of First Hawaiian Bank, a regional financial institution headquartered in Honolulu, Hawaii. Founded in 1858, First Hawaiian Bank is the oldest bank in Hawaii and serves consumers, businesses, and government entities across the Pacific.

The bank provides a broad range of financial products and services, including checking and savings accounts, consumer and residential loans, commercial lending, credit cards, treasury management, investment and wealth management services, and online and mobile banking.