Wall Street brokerages forecast that Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) will announce $0.32 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings, with the highest EPS estimate coming in at $0.33 and the lowest estimate coming in at $0.29. Hannon Armstrong Sustnbl Infrstr Cap reported earnings of $0.29 per share during the same quarter last year, which suggests a positive year over year growth rate of 10.3%. The firm is expected to report its next quarterly earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full-year earnings of $1.28 per share for the current fiscal year, with EPS estimates ranging from $1.26 to $1.30. For the next financial year, analysts forecast that the business will post earnings of $1.41 per share, with EPS estimates ranging from $1.36 to $1.48. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that follow Hannon Armstrong Sustnbl Infrstr Cap.

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.03). Hannon Armstrong Sustnbl Infrstr Cap had a return on equity of 8.61% and a net margin of 32.42%.

A number of research firms recently weighed in on HASI. Zacks Investment Research upgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. B. Riley set a $27.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Thursday, December 28th. Roth Capital set a $28.00 price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research note on Saturday, November 25th. Oppenheimer lifted their price objective on shares of Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the company an “outperform” rating in a research note on Thursday, November 2nd. Finally, BidaskClub lowered shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Hannon Armstrong Sustnbl Infrstr Cap has an average rating of “Buy” and an average price target of $26.00.

In other news, EVP Nathaniel Rose sold 8,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $23.58, for a total transaction of $188,640.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel K. Mcmahon sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $23.51, for a total transaction of $117,550.00. The disclosure for this sale can be found here. Insiders sold a total of 24,063 shares of company stock valued at $571,259 over the last quarter. 5.40% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advisor Group Inc. grew its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 8.5% during the 2nd quarter. Advisor Group Inc. now owns 4,444 shares of the real estate investment trust’s stock valued at $101,000 after purchasing an additional 350 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 2,784.3% in the second quarter. BNP Paribas Arbitrage SA now owns 5,336 shares of the real estate investment trust’s stock worth $122,000 after acquiring an additional 5,151 shares in the last quarter. Stifel Financial Corp purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap in the third quarter worth $222,000. Kayne Anderson Capital Advisors LP purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap in the third quarter worth $231,000. Finally, Legal & General Group Plc grew its position in Hannon Armstrong Sustnbl Infrstr Cap by 11.4% in the second quarter. Legal & General Group Plc now owns 11,720 shares of the real estate investment trust’s stock worth $268,000 after acquiring an additional 1,196 shares in the last quarter. Hedge funds and other institutional investors own 71.23% of the company’s stock.

Shares of Hannon Armstrong Sustnbl Infrstr Cap (HASI) opened at $22.45 on Monday. The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 2.13. The company has a market cap of $1,191.36, a P/E ratio of 37.42, a P/E/G ratio of 1.54 and a beta of 0.93. Hannon Armstrong Sustnbl Infrstr Cap has a 1-year low of $18.02 and a 1-year high of $25.28.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Tuesday, December 26th were paid a $0.33 dividend. The ex-dividend date of this dividend was Friday, December 22nd. This represents a $1.32 dividend on an annualized basis and a yield of 5.88%. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio is 220.00%.

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Hannon Armstrong Sustnbl Infrstr Cap Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

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