HA Sustainable Infrastructure Capital (NYSE:HASI) Releases FY 2028 Earnings Guidance

HA Sustainable Infrastructure Capital (NYSE:HASI) issued an update on its FY 2028 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.500-3.600 for the period, compared to the consensus estimate of 3.180. The company issued revenue guidance of -.

HA Sustainable Infrastructure Capital Stock Down 2.7%

Shares of HASI traded down $1.16 during trading on Friday, reaching $41.32. The company’s stock had a trading volume of 901,669 shares, compared to its average volume of 968,220. The company has a fifty day moving average of $38.21 and a two-hundred day moving average of $34.99. HA Sustainable Infrastructure Capital has a twelve month low of $24.28 and a twelve month high of $44.13. The company has a market cap of $5.31 billion, a price-to-earnings ratio of 30.43, a P/E/G ratio of 1.39 and a beta of 1.47. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 1.94.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.67. The company had revenue of $114.81 million for the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, sell-side analysts predict that HA Sustainable Infrastructure Capital will post 2.71 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 125.00%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Mizuho upped their price target on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research report on Wednesday, March 4th. TD Cowen increased their target price on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada increased their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday. Wells Fargo & Company increased their target price on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 18th. Finally, The Goldman Sachs Group increased their target price on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $45.30.

Insider Activity

In other news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value of $5,272,433.54. Following the completion of the transaction, the director owned 9,050 shares of the company’s stock, valued at approximately $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 2.20% of the company’s stock.

HA Sustainable Infrastructure Capital News Summary

Here are the key news stories impacting HA Sustainable Infrastructure Capital this week:

• Positive Sentiment: HASI reported a strong Q1: adjusted EPS of $0.77 beat estimates and management highlighted 20% Y/Y growth in adjusted EPS, record adjusted ROE (15.7%) and robust adjusted recurring net investment income. These operational beats support upside to earnings expectations. HASI Q1 Results Press Release
• Positive Sentiment: Management raised FY2028 EPS guidance to $3.50–$3.60, above the consensus (~$3.18), indicating stronger forward earnings power that could lift valuation over time. HASI Slide Deck
• Positive Sentiment: Royal Bank of Canada upgraded HASI to “Outperform” and raised its price target from $43 to $48 (~16% upside vs current levels), which can attract buyers and lend upward price pressure. Benzinga
• Positive Sentiment: The company declared a $0.425 quarterly dividend (annualized yield ~4.1%) with an ex-dividend date of July 2, supporting income-oriented investor interest. Dividend Announcement
• Neutral Sentiment: HASI announced management promotions/appointments to strengthen its executive bench—a governance/continuity positive but not an immediate earnings driver. Executive Appointments
• Neutral Sentiment: Investors can review the full earnings presentation and call transcript for detail and tone; these materials will guide how durable management’s guidance and adjustments appear. Earnings Call Transcript
• Negative Sentiment: On a GAAP basis HASI reported a Q1 loss (GAAP EPS -$0.57) and a GAAP net investment loss (~$6.9M), which can spook value-focused investors and helps explain near-term selling despite adjusted metrics. Q1 Press Release / Financials

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Cetera Investment Advisers grew its stake in shares of HA Sustainable Infrastructure Capital by 0.9% in the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock worth $974,000 after purchasing an additional 266 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 14.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 336 shares in the last quarter. Man Group plc grew its stake in shares of HA Sustainable Infrastructure Capital by 6.0% in the fourth quarter. Man Group plc now owns 6,979 shares of the real estate investment trust’s stock worth $219,000 after purchasing an additional 395 shares in the last quarter. Stifel Financial Corp boosted its stake in HA Sustainable Infrastructure Capital by 0.9% during the fourth quarter. Stifel Financial Corp now owns 55,133 shares of the real estate investment trust’s stock valued at $1,733,000 after buying an additional 485 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in HA Sustainable Infrastructure Capital by 0.6% during the second quarter. California State Teachers Retirement System now owns 108,266 shares of the real estate investment trust’s stock valued at $2,908,000 after buying an additional 687 shares in the last quarter. Institutional investors 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.