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

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

Several brokerages have issued reports on HASI. JPMorgan Chase & Co. boosted their price objective on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Morgan Stanley lifted their target price on shares of HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Wells Fargo & Company boosted 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. Citigroup increased their price target on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, May 13th.

Institutional Trading of HA Sustainable Infrastructure Capital

Several hedge funds have recently modified their holdings of HASI. Cetera Investment Advisers raised its holdings in HA Sustainable Infrastructure Capital by 0.9% during the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock worth $974,000 after purchasing an additional 266 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in HA Sustainable Infrastructure Capital by 1.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock valued at $1,071,000 after purchasing an additional 300 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of HA Sustainable Infrastructure Capital by 14.5% in the fourth 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 increased its position in shares of HA Sustainable Infrastructure Capital by 1.7% in the first 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. raised its stake in shares of 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 worth $230,000 after buying an additional 345 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Stock Performance

Shares of NYSE:HASI traded up $0.49 during trading on Friday, reaching $37.81. The company had a trading volume of 666,354 shares, compared to its average volume of 930,365. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 108.02, a price-to-earnings-growth ratio of 1.12 and a beta of 1.43. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10. The stock’s fifty day moving average price is $39.64 and its 200 day moving average price is $37.42. HA Sustainable Infrastructure Capital has a fifty-two week low of $24.38 and a fifty-two week high of $44.13.

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

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were paid a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 485.71%.

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.