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Bank of Hawaii (NYSE:BOH) shareholders have endured a 24% loss from investing in the stock three years ago

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Bank of Hawaii (NYSE:BOH) shareholders have endured a 24% loss from investing in the stock three years ago


Many investors define successful investing as beating the market average over the long term. But if you try your hand at stock picking, you risk returning less than the market. We regret to report that long term Bank of Hawaii Corporation (NYSE:BOH) shareholders have had that experience, with the share price dropping 33% in three years, versus a market return of about 22%.

Now let’s have a look at the company’s fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.

View our latest analysis for Bank of Hawaii

To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…’ One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

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During the three years that the share price fell, Bank of Hawaii’s earnings per share (EPS) dropped by 5.1% each year. This reduction in EPS is slower than the 12% annual reduction in the share price. So it seems the market was too confident about the business, in the past.

The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).

NYSE:BOH Earnings Per Share Growth June 18th 2024

It might be well worthwhile taking a look at our free report on Bank of Hawaii’s earnings, revenue and cash flow.

What About Dividends?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Bank of Hawaii’s TSR for the last 3 years was -24%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!

A Different Perspective

It’s nice to see that Bank of Hawaii shareholders have received a total shareholder return of 29% over the last year. Of course, that includes the dividend. There’s no doubt those recent returns are much better than the TSR loss of 2% per year over five years. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For instance, we’ve identified 1 warning sign for Bank of Hawaii that you should be aware of.

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We will like Bank of Hawaii better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.

Valuation is complex, but we’re helping make it simple.

Find out whether Bank of Hawaii is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Valuation is complex, but we’re helping make it simple.

Find out whether Bank of Hawaii is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com



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Towering lava fountains of Hawaii’s Kilauea volcano trigger park and highway closures

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Towering lava fountains of Hawaii’s Kilauea volcano trigger park and highway closures


HONOLULU — The latest lava fountaining episode of an erupting Hawaii volcano reached 1,000 feet high Tuesday, prompting temporary closures at a national park and part of an important highway because of falling glassy volcanic fragments, including ash.

Kilauea, on Hawaii’s Big Island, has been dazzling residents and visitors for more than year with an on-and-off eruption that periodically sends fountains of lava soaring into the sky.

The fountaining that began Tuesday morning marked the eruption’s 43rd episode since it began in December 2024. A livestream showed two fountains of bright-red lava and smoke. It’s unclear how long the fountaining will last. Some episodes have lasted a few days and others a few hours.

This image from video by the United States Geological Survey shows lava erupting from Kilauea volcano on Tuesday, March 10, 2026, in Hawaii Volcanoes National Park, Hawaii.USGS / via AP

Like other times, the molten rock was confined within Kilauea’s summit crater inside Hawaii Volcanoes National Park and hasn’t threatened homes or buildings.

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But the lava fountains were creating trouble for neighboring communities and a highway where the volcanic fragments and ash, known as tephra, was falling. The tephra prompted temporary closures at the national park around the summit and a partial closure of Highway 11, an important route around the island, on either side of the park.

Hawaii County officials also opened a shelter at a district gymnasium for residents and tourists impacted by the road closure or falling tephra. There were no people using the shelter soon after it opened, said Tom Callis, a county spokesperson.

The National Weather Service issued an ashfall warning.

Volcanic tephra can irritate eyes, skin and the respiratory system, according to county officials. Tephra also can clog and cause other problems with water catchment collection systems, which are common in some parts of the Big Island, officials said.

Ash fell so heavily during a previous fountaining episode that some communities needed help from county civil defense workers to clean up ash that coated their homes, Callis said.

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Kilauea is one of the world’s most active volcanoes.



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Episode 43: Volcano Warning issued for Kilauea due to falling ash and tephra

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Episode 43: Volcano Warning issued for Kilauea due to falling ash and tephra


HAWAII VOLCANOES NATIONAL PARK (HawaiiNewsNow) – The U.S. Geological Survey has upgraded the Kilauea alert level to a Volcano Warning due to fallout of the latest high-fountaining at Halemaumau crater.

The National Weather Service also issued an ashfall warning until 5 p.m. Tuesday for Hawaii Volcanoes National Park and communities to the northeast, including Volcano, Glenwood and Mountain View.

Episode 43 began Tuesday at 9:17 a.m. HST with more than a quarter-inch of accumulated tephra, including ash and other volcanic particles, reported within the first 90 minutes.

The USGS said fallout up to the size of footballs was reported at lookouts within Hawaii Volcanoes National Park, creating hazardous ground conditions.

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The National Weather Service said the plume from this episode rose to 25,000 feet. Surface level winds are reported coming from a southerly direction, which means that volcanic gas emissions and fallout may be distributed to areas northeast of the summit.

Communities adjacent and downwind of the eruption need to take necessary precautions for elevated tephra fallout and volcanic gases.

Closures in effect, shelter open

Highway 11 is closed on either side of Hawaiʻi Volcanoes National Park (HVNP) at mile markers 24 and 40. HVNP is also closed.

The County of Hawaiʻi has opened a shelter at Kaʻū District Gym, 96-1219 Kamani St., Pāhala, for residents and visitors impacted by the road closure or falling tephra.

Safety information

Volcanic tephra, including ash, can irritate eyes, skin, and the respiratory system. Take necessary precautions to limit exposure.

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  • If you have a respiratory condition, avoid contact with ash. Stay indoors until it is safe to go outside.
  • Close doors and windows, where possible.
  • Wear masks, gloves and eye protection when in contact with ash.
  • Do not drive in heavy ashfall.

Tephra also can clog and cause other problems with water catchment collection systems.

  • Temporarily disconnect the gutters feeding into the tank. Do not reconnect the system until the volcanic hazards (i.e. ash, laze, Pele’s hair in the air) have passed and the ash and debris are washed off the roof, out of the gutters and the tank.

Use caution when clearing rooftops of ash.

Road closures may occur without warning.

Click here for updates on Kilauea.

Episode 43: Volcano Watch issued for Kilauea(USGS)



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Hawaii pilot program aims to curb evictions | Honolulu Star-Advertiser

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Hawaii pilot program aims to curb evictions | Honolulu Star-Advertiser


A new statewide pre-eviction mediation law that went into effect last month has already had success in keeping Hawaii tenants in their homes.

The two-year pilot program requires landlords to participate in mediation talks before filing residential eviction notices for nonpayment of rent. It’s intended to prevent unnecessary evictions and help ease court congestion by resolving landlord-tenant disputes before they escalate.

The legal basis for the program comes from Hawaii State Legislature Act 278 passed last year and was signed into law on July 2.

This builds on the success of earlier mediation initiatives in Hawaii like Act 57, which was passed by the state House of Representatives in 2021 during the height of the COVID-19 pandemic to curtail a surge in eviction cases. That law required landlords to engage in mandatory, pre-eviction mediation with their tenants and attempt to find mutually agreeable solutions to settle rent disputes before going to court.

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Act 57 ran out of funding and subsequently expired in August 2022. But while it was on the books it boasted an impressive success rate: Out of 1,379 rent mediations conducted by the Mediation Centers of Hawaii (MCH) — an Oahu-based umbrella organization directing cases to local mediation centers — 87% of parties reached an agreement. It is credited with diverting more than 1,200 eviction cases away from the court system.

State lawmakers have praised the new pilot program as an offshoot of the most effective parts of the now-defunct COVID-era bill.

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“We are taking the lessons learned during COVID and testing a professionalized, pre-eviction framework through this pilot program,” state Sen. Troy Hashimoto of Maui said in a news release. “Instead of relying on limited resources in the courts, this data-driven approach encourages early dialogue and allows us to measure how effectively professional mediation can reduce court backlog and resolve disputes.”

Under the new program rules, landlords must give tenants a 10 calendar-day window to seek mediation services before starting eviction proceedings, and must upload eviction notices to MCH’s website. The organization will then direct cases to one of five local mediation centers in Honolulu, Kailua-Kona, Hilo, Lihue (Kauai) or Wailuku (Maui).

If the tenant opts to schedule mediation within that 10-day period, an additional 10 days is afforded for talks to take place before the case can be brought to court. Mediation services are free for both parties, funded with state money appropriated in Act 278 and directed to organizations like MCH.

However, attorney costs accrued by landlords or tenants will not be funded by the state, and if a tenant cancels or fails to attend a scheduled mediation, landlords are allowed to request tenants pay for their attorney fees.

The mediation center contracted to provide services to East Hawaii Island landlords and tenants is Ku‘ikahi Mediation Center, where Executive Director Julie Mitchell has seen the efficacy of the new program firsthand.

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Data is slim because the law has only been in effect for one month, but even early on Mitchell has seen four out of four cases assigned to the center thus far be successfully resolved, with three tenants able to stay in their rentals and one moving out without eviction. The West Hawaii Mediation Center serving Kona-side has successfully mediated five tenants to stay, and one amicable move-out.

Part of this success, Mitchell believes, is commencing talks between parties before back rent builds up and animosity and hopelessness start to grow.

“The idea behind this program is having early conversation and early communication,” she said. “It’s trying to prevent eviction as a preventative measure, to preserve housing, to prevent homelessness. It’s much easier to have a conversation when you’re one month behind on rent than when you’re 10 months behind on rent.”

Although these types of initiatives are often assumed to be more beneficial to tenants, Mitchell contends that landlords have also expressed appreciation at having access to mediation.

“I think it’s a sense of relief,” she said. “For landlords, they usually are a business and want to make sure they can get the money they need to live, oftentimes to pay a mortgage. Eviction is obviously not good for the tenant … but it’s also not good for landlords. It’s very costly to take people to court and to have to renovate and get the property ready for the next person.”

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Ideally, she said, negotiations that the center facilitates will be a win-win for everyone, including the courts.

“When I’m reading the agreements, it seems like it’s advantageous to both parties,” she said. “If the landlords are trying to recoup back rent, they can do that. We want to find solutions that are going to be best for everybody … and the courts are swamped, the judges have a lot of cases on the docket, so this is a way to alleviate those impacts on the courts as well.”

The pilot program will track its success through annual reports to the Hawaii State Judiciary, supplying data that will influence other statewide eviction prevention measures in the future.



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