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

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been assigned a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $40.00.

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. 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 note on Tuesday, November 18th. Wells Fargo & Company upped their price target on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. Finally, Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds and other institutional investors have recently bought and sold shares of HASI. Swedbank AB lifted its stake in HA Sustainable Infrastructure Capital by 4.8% during the 3rd quarter. Swedbank AB now owns 1,635,072 shares of the real estate investment trust’s stock worth $50,197,000 after acquiring an additional 75,504 shares in the last quarter. State of Alaska Department of Revenue increased its stake in HA Sustainable Infrastructure Capital by 9.3% during the second 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 during the period. Farther Finance Advisors LLC increased its stake in HA Sustainable Infrastructure Capital by 4,646.6% during the third quarter. Farther Finance Advisors LLC now owns 42,007 shares of the real estate investment trust’s stock worth $1,290,000 after purchasing an additional 41,122 shares during the period. ABN AMRO Bank N.V. acquired a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter worth about $6,297,000. Finally, Baird Financial Group Inc. boosted its stake in shares of HA Sustainable Infrastructure Capital by 7.6% in the second 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 during the period. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI opened at $34.48 on Friday. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. HA Sustainable Infrastructure Capital has a 1 year low of $21.98 and a 1 year high of $34.71. The firm has a market capitalization of $4.36 billion, a PE ratio of 14.80, a P/E/G ratio of 1.19 and a beta of 1.45. The business’s 50 day moving average price is $33.10 and its 200-day moving average price is $29.87.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data 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 analyst estimates of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. As a group, equities research analysts expect that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Monday, December 29th were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.68 annualized dividend and a dividend yield of 4.9%. HA Sustainable Infrastructure Capital’s payout ratio is presently 72.10%.

HA Sustainable Infrastructure Capital Company Profile

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.