HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Average Recommendation of “Moderate Buy” by Brokerages

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

Several analysts have recently issued reports on HASI shares. UBS Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, November 10th. 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 report on Tuesday, November 18th. The Goldman Sachs Group upped their price target on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th.

HA Sustainable Infrastructure Capital Trading Up 2.1%

NYSE HASI opened at $33.28 on Tuesday. The company has a market cap of $4.21 billion, a P/E ratio of 14.28, a P/E/G ratio of 1.24 and a beta of 1.47. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $34.53. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. The company has a 50-day moving average of $31.61 and a 200-day moving average of $29.06.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate 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. As a group, equities analysts predict that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Monday, December 29th will be given a $0.42 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.68 annualized dividend and a dividend yield of 5.0%. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 72.10%.

Institutional Trading of HA Sustainable Infrastructure Capital

A number of institutional investors have recently added to or reduced their stakes in HASI. Legend Financial Advisors Inc. acquired a new stake in HA Sustainable Infrastructure Capital in the 2nd quarter valued at $27,000. Salomon & Ludwin LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at about $27,000. iSAM Funds UK Ltd purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 3rd quarter valued at about $27,000. Hantz Financial Services Inc. lifted its position in HA Sustainable Infrastructure Capital by 630.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 1,142 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $67,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

About HA Sustainable Infrastructure Capital

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.