HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $37.00

by · The Markets Daily

HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) had its price objective upped by analysts at Wells Fargo & Company from $33.00 to $37.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 11.65% from the company’s current price.

Several other analysts also recently issued reports on HASI. Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday. Jefferies Financial Group raised their target price on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. JPMorgan Chase & Co. raised their price target on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. Morgan Stanley upped their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Finally, UBS Group raised their target price on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, HA Sustainable Infrastructure Capital presently has an average rating of “Moderate Buy” and a consensus price target of $39.56.

Read Our Latest Analysis on HASI

HA Sustainable Infrastructure Capital Price Performance

NYSE HASI opened at $33.14 on Friday. The company has a debt-to-equity ratio of 1.93, a quick ratio of 11.03 and a current ratio of 11.03. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 1.25 and a beta of 1.48. The stock has a 50-day moving average of $31.48 and a 200 day moving average of $28.90. HA Sustainable Infrastructure Capital has a one year low of $21.98 and a one year high of $34.53.

HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a return on equity of 11.97% and a net margin of 79.69%.The company had revenue of ($37.39) million for the quarter, compared to the consensus estimate of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. On average, sell-side analysts forecast that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current year.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its position in HA Sustainable Infrastructure Capital by 9.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 72,042 shares of the real estate investment trust’s stock worth $1,934,000 after purchasing an additional 6,127 shares in the last quarter. ABN AMRO Bank N.V. acquired a new stake in HA Sustainable Infrastructure Capital in the 2nd quarter valued at $6,297,000. T. Rowe Price Investment Management Inc. increased its position in shares of HA Sustainable Infrastructure Capital by 7.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 5,020,891 shares of the real estate investment trust’s stock worth $146,811,000 after purchasing an additional 330,314 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in HA Sustainable Infrastructure Capital by 7.6% in the 2nd quarter. Baird Financial Group Inc. now owns 533,666 shares of the real estate investment trust’s stock valued at $14,334,000 after purchasing an additional 37,678 shares in the last quarter. Finally, Resources Management Corp CT ADV boosted its stake in HA Sustainable Infrastructure Capital by 134.3% during the 1st quarter. Resources Management Corp CT ADV now owns 21,360 shares of the real estate investment trust’s stock worth $625,000 after purchasing an additional 12,245 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

About HA Sustainable Infrastructure Capital

(Get Free Report)

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.

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