HA Sustainable Infrastructure Capital (NYSE:HASI) Reaches New 52-Week High – Here’s Why

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $35.16 and last traded at $35.1350, with a volume of 786921 shares changing hands. The stock had previously closed at $34.62.

Analyst Ratings Changes

HASI has been the topic of several research analyst reports. UBS Group upped their price target on shares of 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 HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Jefferies Financial Group boosted their price objective on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $40.00.

HA Sustainable Infrastructure Capital Price Performance

The stock has a market cap of $4.45 billion, a P/E ratio of 15.08, a PEG ratio of 1.19 and a beta of 1.45. 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 firm’s fifty day moving average price is $33.22 and its 200-day moving average price is $30.28.

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

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Monday, December 29th were paid a dividend of $0.42 per share. The ex-dividend date was Monday, December 29th. This represents a $1.68 dividend on an annualized basis and a yield of 4.8%. HA Sustainable Infrastructure Capital’s payout ratio is presently 72.10%.

Institutional Trading of HA Sustainable Infrastructure Capital

A number of institutional investors and hedge funds have recently modified their holdings of the business. iSAM Funds UK Ltd purchased a new position in shares of HA Sustainable Infrastructure Capital during the third quarter valued at approximately $27,000. Salomon & Ludwin LLC bought a new stake in shares of HA Sustainable Infrastructure Capital during the 3rd quarter valued at $27,000. Hantz Financial Services Inc. grew its holdings in HA Sustainable Infrastructure Capital by 630.9% during the third 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. Aster Capital Management DIFC Ltd bought a new position in shares of HA Sustainable Infrastructure Capital during the 3rd quarter valued at approximately $67,000. Finally, Quadrant Capital Group LLC bought a new position in shares of HA Sustainable Infrastructure Capital in the third quarter worth approximately $72,000. Institutional investors own 96.14% of the company’s stock.

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.