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

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have earned an average recommendation of “Moderate Buy” from the twelve analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $45.00.

A number of equities analysts recently commented on HASI shares. Mizuho boosted their target price 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. TD Cowen increased their price objective on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Wells Fargo & Company lifted their target price on shares of HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. UBS Group upped their price target on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Finally, The Goldman Sachs Group raised their price objective on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th.

Insider Activity

In related news, Director Jeffrey Eckel sold 134,398 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value of $5,272,433.54. Following the transaction, the director owned 9,050 shares in the company, valued at $355,031.50. The trade was a 93.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Salomon & Ludwin LLC purchased a new stake in shares of HA Sustainable Infrastructure Capital during the third quarter worth approximately $27,000. iSAM Funds UK Ltd purchased a new position in HA Sustainable Infrastructure Capital in the 3rd quarter valued at $27,000. Triumph Capital Management acquired a new position in HA Sustainable Infrastructure Capital in the 4th quarter valued at $29,000. Hantz Financial Services Inc. increased its stake in HA Sustainable Infrastructure Capital by 630.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 1,142 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in HA Sustainable Infrastructure Capital by 101.8% during 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. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $42.55 on Monday. HA Sustainable Infrastructure Capital has a 52 week low of $24.28 and a 52 week high of $42.98. The stock has a market capitalization of $5.46 billion, a PE ratio of 31.28, a P/E/G ratio of 1.34 and a beta of 1.47. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 1.94. The firm has a 50 day moving average of $37.87 and a two-hundred day moving average of $34.64.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.The company had revenue of $114.81 million for the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, research analysts predict that HA Sustainable Infrastructure Capital will post 2.71 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd were paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.0%. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date was Thursday, April 2nd. HA Sustainable Infrastructure Capital’s payout ratio is currently 125.00%.

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.