Hannon Armstrong Sustainable Infrastructure Capital (HASI) Set to Announce Earnings on Tuesday

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.50 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Hannon Armstrong Sustainable Infrastructure Capital Trading Up 3.0 %

Shares of Hannon Armstrong Sustainable Infrastructure Capital stock opened at $25.98 on Monday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 19.42 and a current ratio of 19.42. The stock has a market capitalization of $2.96 billion, a P/E ratio of 19.39, a P/E/G ratio of 0.99 and a beta of 1.88. Hannon Armstrong Sustainable Infrastructure Capital has a 52-week low of $13.22 and a 52-week high of $29.88. The stock’s 50-day simple moving average is $25.93 and its 200 day simple moving average is $24.57.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Friday, April 5th were paid a dividend of $0.415 per share. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. This represents a $1.66 dividend on an annualized basis and a dividend yield of 6.39%. The ex-dividend date of this dividend was Thursday, April 4th. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is presently 123.88%.

Analyst Ratings Changes

HASI has been the topic of several recent research reports. TheStreet upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a research report on Thursday, February 15th. StockNews.com upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. The Goldman Sachs Group lifted their target price on Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Morgan Stanley boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the company an “overweight” rating in a research note on Monday, February 26th. Finally, Bank of America raised their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $32.22.

About Hannon Armstrong Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.