HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives $46.90 Average Price Target from Analysts

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has earned a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $46.90.

A number of brokerages have weighed in on HASI. Royal Bank Of Canada boosted their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Citigroup raised their target price on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Wells Fargo & Company upped their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Finally, Morgan Stanley increased their price target on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 27th.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $38.53 on Friday. The stock’s 50-day moving average is $39.47 and its two-hundred day moving average is $37.53. The firm has a market cap of $4.95 billion, a price-to-earnings ratio of 110.09, a PEG ratio of 1.12 and a beta of 1.43. HA Sustainable Infrastructure Capital has a 1 year low of $24.38 and a 1 year high of $44.13. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. The business had revenue of $124.23 million during the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Analysts predict that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 485.71%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of hedge funds and other institutional investors have recently made changes to their positions in HASI. Cetera Investment Advisers grew its position in shares of HA Sustainable Infrastructure Capital by 0.9% in the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock valued at $974,000 after purchasing an additional 266 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of HA Sustainable Infrastructure Capital by 1.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock worth $1,071,000 after purchasing an additional 300 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in HA Sustainable Infrastructure Capital by 14.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $85,000 after buying an additional 336 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in HA Sustainable Infrastructure Capital by 1.7% in the 1st quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock valued at $727,000 after buying an additional 336 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. grew its holdings in HA Sustainable Infrastructure Capital by 5.0% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock valued at $230,000 after buying an additional 345 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

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.