Zacks: Brokerages Expect Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) to Post $0.32 Earnings Per Share

Equities analysts expect that Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) will announce earnings per share (EPS) of $0.32 for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings, with estimates ranging from $0.29 to $0.33. Hannon Armstrong Sustnbl Infrstr Cap posted earnings of $0.29 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.3%. The firm is expected to report its next earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full year earnings of $1.28 per share for the current fiscal year, with EPS estimates ranging from $1.26 to $1.30. For the next year, analysts anticipate that the firm will post earnings of $1.40 per share, with EPS estimates ranging from $1.36 to $1.43. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Hannon Armstrong Sustnbl Infrstr Cap.

A number of analysts recently issued reports on HASI shares. B. Riley set a $27.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research report on Thursday, December 28th. Zacks Investment Research raised Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. BidaskClub cut Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Oppenheimer upped their target price on Hannon Armstrong Sustnbl Infrstr Cap from $26.00 to $28.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Finally, Roth Capital set a $28.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research report on Saturday, November 25th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $26.00.

Shares of Hannon Armstrong Sustnbl Infrstr Cap (HASI) opened at $20.88 on Friday. The stock has a market capitalization of $1,110.00, a PE ratio of 34.23, a P/E/G ratio of 1.44 and a beta of 0.77. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.74 and a quick ratio of 2.74. Hannon Armstrong Sustnbl Infrstr Cap has a 1 year low of $18.40 and a 1 year high of $25.28.

In other Hannon Armstrong Sustnbl Infrstr Cap news, CFO J Brendan Herron sold 11,063 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $23.96, for a total transaction of $265,069.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.40% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. California Public Employees Retirement System raised its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.5% during the 3rd quarter. California Public Employees Retirement System now owns 99,656 shares of the real estate investment trust’s stock worth $2,429,000 after buying an additional 5,156 shares in the last quarter. Osborn Williams & Donohoe LLC raised its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 72.0% during the 4th quarter. Osborn Williams & Donohoe LLC now owns 21,500 shares of the real estate investment trust’s stock worth $517,000 after buying an additional 9,000 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 12.5% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 238,917 shares of the real estate investment trust’s stock worth $5,823,000 after buying an additional 26,593 shares in the last quarter. Essex Investment Management Co. LLC raised its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 11.1% during the 4th quarter. Essex Investment Management Co. LLC now owns 55,810 shares of the real estate investment trust’s stock worth $1,343,000 after buying an additional 5,575 shares in the last quarter. Finally, Nwam LLC raised its stake in shares of Hannon Armstrong Sustnbl Infrstr Cap by 57.2% during the 3rd quarter. Nwam LLC now owns 15,658 shares of the real estate investment trust’s stock worth $382,000 after buying an additional 5,699 shares in the last quarter. 71.35% of the stock is owned by hedge funds and other institutional investors.

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Hannon Armstrong Sustnbl Infrstr Cap Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc makes debt and equity investments in sustainable infrastructure, including energy efficiency and renewable energy. The Company focuses on providing preferred or senior level capital to sponsors and obligors for assets that generate long-term, recurring and predictable cash flows.

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