HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Average Rating of “Moderate Buy” by Analysts

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $43.2222.

HASI has been the subject of a number of research analyst reports. Jefferies Financial Group upped 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. UBS Group lifted their target price on HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Wells Fargo & Company raised their price objective on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Finally, Morgan Stanley lifted their price objective on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd.

HA Sustainable Infrastructure Capital Price Performance

HASI opened at $35.41 on Friday. HA Sustainable Infrastructure Capital has a 1 year low of $21.98 and a 1 year high of $40.01. The company’s 50 day simple moving average is $35.55 and its 200 day simple moving average is $32.44. The stock has a market capitalization of $4.54 billion, a PE ratio of 26.03, a P/E/G ratio of 1.14 and a beta of 1.44. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, hitting the consensus estimate of $0.67. The firm had revenue of $114.81 million during the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, sell-side analysts expect that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 2nd will be issued a $0.425 dividend. The ex-dividend date is Thursday, April 2nd. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a yield of 4.8%. HA Sustainable Infrastructure Capital’s payout ratio is 123.53%.

Insiders Place Their Bets

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the sale, the director directly owned 9,050 shares in the company, valued at $355,031.50. The trade was a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Hedge funds and other institutional investors have recently made changes to their positions in the business. Salomon & Ludwin LLC purchased a new stake in HA Sustainable Infrastructure Capital during the 3rd quarter worth $27,000. iSAM Funds UK Ltd purchased a new position in HA Sustainable Infrastructure Capital in the third quarter valued at about $27,000. Triumph Capital Management acquired a new position in shares of HA Sustainable Infrastructure Capital during the fourth quarter worth about $29,000. Hantz Financial Services Inc. lifted its stake in shares of 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 worth $41,000 after purchasing an additional 1,142 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of HA Sustainable Infrastructure Capital by 101.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 977 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Company Profile

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.