Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $47.60.
HASI has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Friday, August 7th. Mizuho upped their price target on shares of HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the company an “outperform” rating in a research note on Wednesday, September 9th. JPMorgan Chase & Co. increased their price objective on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Bank of America reiterated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, August 18th. Finally, Morgan Stanley boosted their target price on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th.
Get Our Latest Report on HA Sustainable Infrastructure Capital
HA Sustainable Infrastructure Capital Price Performance
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%.The business had revenue of $120.79 million during the quarter, compared to analysts’ expectations of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. On average, equities research analysts forecast that HA Sustainable Infrastructure Capital will post 2.75 earnings per share for the current fiscal year.
HA Sustainable Infrastructure Capital Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be paid a dividend of $0.4250 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, October 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 320.75%.
Institutional Investors Weigh In On HA Sustainable Infrastructure Capital
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC purchased a new stake in HA Sustainable Infrastructure Capital in the 2nd quarter valued at about $239,000. Tidal Investments LLC increased its position in shares of HA Sustainable Infrastructure Capital by 6.9% during the second quarter. Tidal Investments LLC now owns 784,316 shares of the real estate investment trust’s stock worth $30,628,000 after acquiring an additional 50,451 shares during the period. Van Hulzen Asset Management LLC purchased a new position in shares of HA Sustainable Infrastructure Capital during the second quarter worth approximately $207,000. Engineers Gate Manager LP bought a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter valued at approximately $1,413,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter valued at approximately $39,000. Institutional investors own 96.14% of the company’s stock.
About HA Sustainable Infrastructure Capital
HA Sustainable Infrastructure Capital, Inc (NYSE: HASI), formerly known as Hannon Armstrong Sustainable Infrastructure Capital, is an investment firm focused on climate solutions and sustainable infrastructure. The company provides capital to projects and businesses that support the transition to a more sustainable and resilient economy.
HASI invests in and finances assets such as renewable energy, including solar generation; energy-efficiency projects; sustainable transportation; and other infrastructure designed to reduce greenhouse-gas emissions or improve resource efficiency.
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