Brokerages Set HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) PT at $39.56

by · The Markets Daily

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASIGet Free Report) have earned a consensus rating of “Moderate Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $39.5556.

A number of equities analysts have recently commented on HASI shares. Royal Bank Of Canada reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Jefferies Financial Group lifted their target price on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. The Goldman Sachs Group increased their target price on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday.

Read Our Latest Research Report on HASI

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI opened at $32.98 on Tuesday. The firm has a 50 day moving average of $31.78 and a 200-day moving average of $29.17. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $34.53. The company has a current ratio of 11.03, a quick ratio of 11.03 and a debt-to-equity ratio of 1.93. The stock has a market capitalization of $4.17 billion, a PE ratio of 14.15, a PEG ratio of 1.26 and a beta of 1.48.

HA Sustainable Infrastructure Capital (NYSE:HASIGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a net margin of 79.69% and a return on equity of 11.97%. The business had revenue of ($37.39) million for the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. On average, equities research analysts predict that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 72.10%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. raised its position in HA Sustainable Infrastructure Capital by 0.9% in the second quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock valued at $1,233,000 after purchasing an additional 389 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of HA Sustainable Infrastructure Capital by 1.5% in the third quarter. Oregon Public Employees Retirement Fund now owns 27,926 shares of the real estate investment trust’s stock valued at $857,000 after buying an additional 400 shares during the period. Ameritas Investment Partners Inc. raised its holdings in HA Sustainable Infrastructure Capital by 3.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,499 shares of the real estate investment trust’s stock valued at $336,000 after buying an additional 415 shares during the last quarter. Values Added Financial LLC boosted its position in HA Sustainable Infrastructure Capital by 3.1% during the 2nd quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust’s stock worth $393,000 after buying an additional 439 shares during the period. Finally, Thrivent Financial for Lutherans grew its holdings in HA Sustainable Infrastructure Capital by 0.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 89,390 shares of the real estate investment trust’s stock worth $2,744,000 after acquiring an additional 467 shares during the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Company Profile

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Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.

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