HA Sustainable Infrastructure Capital (NYSE:HASI) Sets New 12-Month High – Here’s Why

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $34.63 and last traded at $34.2510, with a volume of 133414 shares traded. The stock had previously closed at $34.22.

Analyst Ratings Changes

HASI has been the subject of a number of recent research reports. Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. UBS Group boosted their price objective on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Morgan Stanley upped their target price on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. The Goldman Sachs Group lifted their price target on shares of HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group boosted their price target on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $40.00.

HA Sustainable Infrastructure Capital Stock Performance

The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 14.74, a PEG ratio of 1.17 and a beta of 1.45. The stock’s fifty day moving average is $33.05 and its 200-day moving average is $29.81.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.11. The company had revenue of ($37.39) million during the quarter, compared to analyst estimates of $27.97 million. HA Sustainable Infrastructure Capital had a net margin of 79.69% and a return on equity of 11.97%. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. On average, analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Monday, December 29th were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.9%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 72.10%.

Institutional Trading of HA Sustainable Infrastructure Capital

Several hedge funds have recently bought and sold shares of HASI. Legend Financial Advisors Inc. acquired a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter worth $27,000. Salomon & Ludwin LLC bought a new position in HA Sustainable Infrastructure Capital during the 3rd quarter worth about $27,000. iSAM Funds UK Ltd acquired a new stake in shares of HA Sustainable Infrastructure Capital in the 3rd quarter valued at about $27,000. Hantz Financial Services Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 630.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 1,142 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at about $67,000. 96.14% of the stock is currently owned by institutional investors and hedge funds.

About HA Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.