HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Consensus Rating of “Moderate Buy” from Brokerages

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been assigned an average rating of “Moderate Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $46.90.

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Mizuho upped their price target on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada upped their price target on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Finally, Wells Fargo & Company upped their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Hedge funds have recently bought and sold shares of the company. iSAM Funds UK Ltd bought a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth about $27,000. Triumph Capital Management purchased a new position in HA Sustainable Infrastructure Capital in the 4th quarter worth about $29,000. Northwestern Mutual Wealth Management Co. raised its position in HA Sustainable Infrastructure Capital by 101.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 977 shares during the last quarter. Hantz Financial Services Inc. raised its position in HA Sustainable Infrastructure Capital by 60.4% in the 4th quarter. Hantz Financial Services Inc. now owns 2,122 shares of the real estate investment trust’s stock worth $67,000 after buying an additional 799 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth about $67,000. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $38.17 on Tuesday. HA Sustainable Infrastructure Capital has a 12 month low of $24.38 and a 12 month high of $44.13. The stock has a market cap of $4.90 billion, a PE ratio of 109.05, a price-to-earnings-growth ratio of 1.13 and a beta of 1.43. The company has a current ratio of 12.10, a quick ratio of 12.10 and a debt-to-equity ratio of 2.12. The company’s fifty day moving average price is $40.12 and its 200-day moving average price is $36.74.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $124.23 million for the quarter, compared to analysts’ expectations of $112.24 million. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities analysts expect that HA Sustainable Infrastructure Capital will post 2.71 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be paid a $0.425 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.5%. HA Sustainable Infrastructure Capital’s payout ratio is presently 485.71%.

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.