$0.31 EPS Expected for Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) This Quarter

Wall Street analysts predict that Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) will report earnings of $0.31 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings, with the lowest EPS estimate coming in at $0.30 and the highest estimate coming in at $0.33. Hannon Armstrong Sustnbl Infrstr Cap also posted earnings per share of $0.31 in the same quarter last year. The firm is scheduled to issue its next quarterly earnings report on Wednesday, February 20th.

On average, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.32 to $1.35. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.38 per share, with EPS estimates ranging from $1.36 to $1.39. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Hannon Armstrong Sustnbl Infrstr Cap.

HASI has been the topic of several research reports. UBS Group downgraded shares of Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $22.00 to $23.00 in a report on Friday, November 30th. Morgan Stanley upped their target price on shares of Hannon Armstrong Sustnbl Infrstr Cap from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 11th. ValuEngine raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research note on Saturday, September 1st. TheStreet raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a “c” rating to a “b” rating in a research note on Wednesday, October 31st. Finally, JPMorgan Chase & Co. upped their target price on shares of Hannon Armstrong Sustnbl Infrstr Cap from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, November 2nd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Hannon Armstrong Sustnbl Infrstr Cap currently has a consensus rating of “Buy” and a consensus price target of $24.71.

Shares of NYSE:HASI traded up $0.01 on Monday, hitting $23.08. 411,635 shares of the company were exchanged, compared to its average volume of 666,702. Hannon Armstrong Sustnbl Infrstr Cap has a one year low of $17.33 and a one year high of $24.48. The company has a debt-to-equity ratio of 2.37, a quick ratio of 33.99 and a current ratio of 33.99. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 21.98, a PEG ratio of 3.16 and a beta of 0.88.

In other news, Director Rebecca Blalock acquired 4,290 shares of the firm’s stock in a transaction on Friday, November 16th. The shares were purchased at an average cost of $23.36 per share, with a total value of $100,214.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel K. Mcmahon sold 20,000 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $22.84, for a total transaction of $456,800.00. Following the sale, the executive vice president now directly owns 287,571 shares in the company, valued at $6,568,121.64. The disclosure for this sale can be found here. In the last three months, insiders purchased 6,879 shares of company stock worth $159,432. 5.30% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of HASI. Mainstay Capital Management LLC ADV grew its stake in Hannon Armstrong Sustnbl Infrstr Cap by 831.0% during the second quarter. Mainstay Capital Management LLC ADV now owns 1,004,681 shares of the real estate investment trust’s stock worth $49,277,000 after buying an additional 896,771 shares during the last quarter. Ardsley Advisory Partners grew its stake in Hannon Armstrong Sustnbl Infrstr Cap by 42.7% during the second quarter. Ardsley Advisory Partners now owns 770,661 shares of the real estate investment trust’s stock worth $15,236,000 after buying an additional 230,661 shares during the last quarter. BlackRock Inc. grew its stake in Hannon Armstrong Sustnbl Infrstr Cap by 5.0% during the second quarter. BlackRock Inc. now owns 4,625,513 shares of the real estate investment trust’s stock worth $91,353,000 after buying an additional 218,659 shares during the last quarter. Aristotle Capital Boston LLC grew its stake in Hannon Armstrong Sustnbl Infrstr Cap by 17.8% during the third quarter. Aristotle Capital Boston LLC now owns 897,976 shares of the real estate investment trust’s stock worth $19,280,000 after buying an additional 135,804 shares during the last quarter. Finally, Rational Advisors LLC bought a new stake in Hannon Armstrong Sustnbl Infrstr Cap during the third quarter worth about $2,248,000. 71.29% of the stock is currently owned by hedge funds and other institutional investors.

About Hannon Armstrong Sustnbl Infrstr Cap

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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