HA Sustainable Infrastructure Capital (NYSE:HASI) Sets New 1-Year High – Still a Buy?

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) reached a new 52-week high on Wednesday . The stock traded as high as $35.61 and last traded at $35.2240, with a volume of 1088821 shares traded. The stock had previously closed at $34.44.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HASI. Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. UBS Group lifted 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 research note on Monday, November 10th. Royal Bank Of Canada reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Morgan Stanley raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Finally, Jefferies Financial Group boosted their target price on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $40.00.

HA Sustainable Infrastructure Capital Trading Up 2.3%

The company has a 50 day simple moving average of $33.39 and a 200 day simple moving average of $30.54. The company has a current ratio of 11.03, a quick ratio of 11.03 and a debt-to-equity ratio of 1.93. The stock has a market capitalization of $4.46 billion, a PE ratio of 15.12, a P/E/G ratio of 1.19 and a beta of 1.45.

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

HA Sustainable Infrastructure Capital Dividend Announcement

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

Institutional Trading of HA Sustainable Infrastructure Capital

Hedge funds and other institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC acquired a new position in shares of HA Sustainable Infrastructure Capital during the third quarter worth about $27,000. iSAM Funds UK Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter valued at approximately $27,000. Hantz Financial Services Inc. increased its position in HA Sustainable Infrastructure Capital by 630.9% during the 3rd 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 during the period. Aster Capital Management DIFC Ltd acquired a new position in HA Sustainable Infrastructure Capital during the 3rd quarter worth approximately $67,000. Finally, Quadrant Capital Group LLC purchased a new position in shares of HA Sustainable Infrastructure Capital during the 3rd quarter worth approximately $72,000. Hedge funds and other 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.