Hannon Armstrong Sustnbl Infrstr Cap Downgraded by Zacks to “Underperform” (HASI)
Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued on Tuesday. They currently have a $13.80 price target on the stock. Zacks‘s price objective would indicate a potential downside of 4.89% from the company’s current price.
Shares of Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) traded up 0.34% during mid-day trading on Tuesday, hitting $14.56. The stock had a trading volume of 49,200 shares. Hannon Armstrong Sustnbl Infrstr Cap has a 52-week low of $11.03 and a 52-week high of $15.11. The stock’s 50-day moving average is $14.22 and its 200-day moving average is $14.06. The company’s market cap is $317.0 million.
Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last issued its quarterly earnings data on Monday, August 11th. The company reported $0.18 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.01. Analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will post $0.92 EPS for the current fiscal year.
Hannon Armstrong Sustainable Infrastructure Capital, Inc is a specialty finance company that provides debt and equity financing for infrastructure projects.
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