HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has received a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $47.50.

A number of equities research analysts recently issued reports on the company. UBS Group reissued a “neutral” rating and set a $44.00 price target (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a research report on Friday, September 4th. JPMorgan Chase & Co. dropped their price objective on HA Sustainable Infrastructure Capital from $51.00 to $45.00 and set an “overweight” rating for the company in a report on Monday, October 19th. Jefferies Financial Group reiterated a “buy” rating and set a $44.00 target price on shares of HA Sustainable Infrastructure Capital in a research report on Thursday, October 1st. Morgan Stanley increased their target price on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Finally, Bank of America restated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, August 18th.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its position in HA Sustainable Infrastructure Capital by 1.1% during the third quarter. Oppenheimer & Co. Inc. now owns 277,245 shares of the real estate investment trust’s stock valued at $9,931,000 after purchasing an additional 3,112 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in shares of HA Sustainable Infrastructure Capital by 2.4% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 81,500 shares of the real estate investment trust’s stock valued at $2,919,000 after purchasing an additional 1,904 shares in the last quarter. Inspire Investing LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 2.2% in the 3rd quarter. Inspire Investing LLC now owns 17,678 shares of the real estate investment trust’s stock valued at $633,000 after purchasing an additional 384 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of HA Sustainable Infrastructure Capital by 72.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 15,124 shares of the real estate investment trust’s stock valued at $542,000 after purchasing an additional 6,368 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC increased its stake in shares of HA Sustainable Infrastructure Capital by 23.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 10,199 shares of the real estate investment trust’s stock valued at $365,000 after purchasing an additional 1,958 shares during the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Price Performance

Shares of HA Sustainable Infrastructure Capital stock opened at $36.15 on Tuesday. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 68.20, a price-to-earnings-growth ratio of 1.17 and a beta of 1.42. HA Sustainable Infrastructure Capital has a twelve month low of $27.28 and a twelve month high of $44.13. The company has a 50-day simple moving average of $37.68 and a two-hundred day simple moving average of $37.97.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. The firm had revenue of $120.79 million for the quarter, compared to analyst estimates of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Analysts forecast that HA Sustainable Infrastructure Capital will post 2.75 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Friday, October 2nd were paid a dividend of $0.4250 per share. This represents a $1.70 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, October 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 320.75%.

About HA Sustainable Infrastructure Capital

HA Sustainable Infrastructure Capital, Inc (NYSE: HASI) is an investment firm focused on financing sustainable infrastructure and climate solutions. The company provides capital to projects and businesses involved in renewable energy, energy efficiency, sustainable real estate and other infrastructure that supports the transition to a lower-carbon economy.

Its investment activities may include lending, equity investments and other forms of project financing. HA Sustainable Infrastructure Capital typically works with developers, owners and operators of infrastructure assets, helping fund projects such as distributed solar, utility-scale renewable energy, energy-efficiency improvements and resilient infrastructure.

Founded in 1981, the company has historically operated under the name Hannon Armstrong Sustainable Infrastructure Capital, Inc and became publicly traded in 2013.