Q1 Earnings Estimate for TSE:PIF Issued By Clarus Securities

Polaris Renewable Energy Inc. (TSE:PIF) – Clarus Securities cut their Q1 2026 earnings estimates for shares of Polaris Renewable Energy in a research note issued on Thursday, February 26th. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings of $0.04 per share for the quarter, down from their previous forecast of $0.11. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. Clarus Securities also issued estimates for Polaris Renewable Energy’s Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.04 EPS, Q3 2027 earnings at $0.19 EPS, Q4 2027 earnings at $0.19 EPS and FY2027 earnings at $0.70 EPS.

A number of other equities analysts have also recently weighed in on the company. National Bank Financial upped their price target on Polaris Renewable Energy from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a report on Wednesday, January 7th. Raymond James Financial cut their price objective on Polaris Renewable Energy from C$20.00 to C$18.25 and set an “outperform” rating for the company in a research report on Friday, February 20th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$19.63.

Polaris Renewable Energy Trading Up 1.5%

Shares of Polaris Renewable Energy stock opened at C$12.20 on Friday. The firm has a 50-day simple moving average of C$12.20 and a two-hundred day simple moving average of C$12.61. The company has a debt-to-equity ratio of 57.48, a quick ratio of 1.64 and a current ratio of 1.82. Polaris Renewable Energy has a fifty-two week low of C$10.70 and a fifty-two week high of C$14.20. The company has a market cap of C$256.00 million, a P/E ratio of -22.59, a price-to-earnings-growth ratio of 3.28 and a beta of 0.60.

Polaris Renewable Energy (TSE:PIF) last announced its quarterly earnings results on Thursday, February 19th. The company reported C$0.39 earnings per share (EPS) for the quarter. Polaris Renewable Energy had a net margin of 9.49% and a return on equity of 2.68%. The firm had revenue of C$25.57 million for the quarter.

Polaris Renewable Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.9%. The ex-dividend date is Tuesday, February 17th. Polaris Renewable Energy’s payout ratio is -111.11%.

Polaris Renewable Energy Company Profile

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.