HA Sustainable Infrastructure Capital (NYSE:HASI) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $37.40 and traded as high as $37.61. HA Sustainable Infrastructure Capital shares last traded at $37.52, with a volume of 686,377 shares.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HASI shares. Morgan Stanley increased their price objective on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 18th. Bank of America reissued a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, August 18th. Mizuho increased their target price on HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 9th. JPMorgan Chase & Co. lowered their target price 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. Finally, UBS Group downgraded HA Sustainable Infrastructure Capital from a “buy” rating to a “neutral” rating and dropped their target price for the company from $51.00 to $44.00 in a research report on Friday, September 4th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $47.50.

HA Sustainable Infrastructure Capital Stock Performance

The stock has a market capitalization of $4.79 billion, a PE ratio of 70.30, a P/E/G ratio of 1.21 and a beta of 1.42. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.89 and a current ratio of 8.89. The firm’s 50 day moving average is $37.33 and its two-hundred day moving average is $38.05.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, beating the consensus estimate of $0.73 by $0.02. The company had revenue of $120.79 million during the quarter, compared to analysts’ expectations of $111.95 million. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. As a group, research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Friday, October 2nd were issued a $0.4250 dividend. The ex-dividend date was Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.6%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 320.75%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. SFE Investment Counsel increased its position in shares of HA Sustainable Infrastructure Capital by 1.8% during the third quarter. SFE Investment Counsel now owns 157,561 shares of the real estate investment trust’s stock worth $5,644,000 after purchasing an additional 2,802 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in shares of HA Sustainable Infrastructure Capital by 85.5% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 15,400 shares of the real estate investment trust’s stock valued at $552,000 after purchasing an additional 7,100 shares during the last quarter. Choreo LLC lifted its holdings in shares of HA Sustainable Infrastructure Capital by 19.3% in the 3rd quarter. Choreo LLC now owns 9,333 shares of the real estate investment trust’s stock valued at $334,000 after purchasing an additional 1,508 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of HA Sustainable Infrastructure Capital by 1.1% in the 3rd 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 during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position 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 during the period. 96.14% of the stock is owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Company Profile

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.