52-Week Company Lows

Details the 52-week lows for the following companies: Hawaiian Electric Industries, Spire, Northwest Natural and Mack-Cali Realty

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Aug 24, 2020
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According to GuruFocus' list of 52-week lows, these Guru stocks have reached their 52-week lows.

Hawaiian Electric Industries

The price of Hawaiian Electric Industries Inc. (HE, Financial) shares has declined to close to the 52-week low of $34.38, which is 39.2% off the 52-week high of $55.15. The company has a market cap of $3.75 billion.

Its shares traded with a price-earnings ratio of 17.81 and a price-sales ratio of 1.35. The trailing 12-month dividend yield is 3.81%. The forward dividend yield is 3.84%. The company had an annual average earnings growth of 3.20% over the past 10 years.

Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's third-largest financial institution, American Savings Bank. The utilities provide electricity to 95% of the state on the five islands of Oahu, Hawaii, Maui, Molokai and Lanai. Although the majority of electricity is produced by oil-fired power plants, over 25% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.

The company's net income for the second quarter of 2020 was $42.3 million compared to $32.6 million in the second quarter of 2019.

Spire

The price of Spire Inc. (SR, Financial) shares has declined to close to the 52-week low of $58.68, which is 34.8% off the 52-week high of $88.00. The company has a market cap of $3.02 billion.

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Its shares traded with a price-earnings ratio of 50.72 and a price-sales ratio of 1.64. The trailing 12-month dividend yield is 4.19%. The forward dividend yield is 4.24%. The company had an annual average earnings growth of 4.70% over the past 10 years.

Spire is a public utility holding company with two key business segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco) and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution and sale of natural gas in Missouri, Alabama and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources Inc., whose operations include the marketing of natural gas and related activities on a non-regulated basis.

Fiscal third quarter 2020 net loss was $92.3 million compared to a loss of $3.0 million for the third quarter of 2019.

Northwest Natural

The price of Northwest Natural Holding Co. (NWN, Financial) shares has declined to close to the 52-week low of $52.38, which is 34.8% off the 52-week high of $77.26. The company has a market cap of $1.6 billion.

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Its shares traded with a price-earnings ratio of 26.64 and a price-sales ratio of 2.11. The trailing 12-month dividend yield is 3.65%. The forward dividend yield is 3.65%.

Northwest Natural is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 750,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.

For the second quarter of 2020, net loss was $5.1 million compared to net income of $2.1 million for the same period in 2019.

Mack-Cali Realty

The price of Mack-Cali Realty Corp. (CLI, Financial) shares has declined to close to the 52-week low of $12.58, which is 48.2% off the 52-week high of $23.89. The company has a market cap of $1.14 billion.

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Its shares traded with a price-sales ratio of 5.24. The trailing 12-month dividend yield is 6.36%. The forward dividend yield is 6.36%. The company had an annual average earnings growth of 10.60% over the past five years.

Mack-Cali Realty is a real estate investment trust that owns and operates office, flex, industrial and multifamily properties in the Northeastern United States. The vast majority of the company's real estate portfolio is split between office buildings and flex facilities, which are buildings that combine warehouse and office space into one location. Mack-Cali primarily derives its revenue as rental income from tenants. The urban and suburban real estate markets of Jersey City, New Jersey; Newark, New Jersey; Westchester-Rockland, New York; and Bergen-Passaic, New Jersey generate most of the company's total revenue. Mack-Cali's largest tenants include a variety of financial, insurance, manufacturing, and legal services firms.

Net loss for the quarter ended June 30 amounted to $34.9 million compared to a loss of $22.1 million for the quarter ended June 30, 2019.

Go here for the complete list of 52-week lows.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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