Analysts Set HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Price Target at $43.22

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has earned an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $43.2222.

HASI has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. The Goldman Sachs Group upped their target price on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Finally, UBS Group increased their price target on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, March 2nd.

Insider Activity at HA Sustainable Infrastructure Capital

In related news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction 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 transaction, the director owned 9,050 shares of the company’s stock, valued at approximately $355,031.50. This trade represents a 93.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.00% of the company’s stock.

Institutional Trading of HA Sustainable Infrastructure Capital

Several hedge funds have recently added to or reduced their stakes in HASI. Hsbc Holdings PLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 68.7% in the fourth quarter. Hsbc Holdings PLC now owns 50,263 shares of the real estate investment trust’s stock worth $1,587,000 after buying an additional 20,461 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in HA Sustainable Infrastructure Capital by 24.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after acquiring an additional 1,282,466 shares during the period. Invesco Ltd. grew its position in HA Sustainable Infrastructure Capital by 20.5% during the 4th quarter. Invesco Ltd. now owns 1,656,700 shares of the real estate investment trust’s stock worth $52,070,000 after acquiring an additional 281,778 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in HA Sustainable Infrastructure Capital during the 4th quarter worth approximately $218,000. Finally, Millennium Management LLC increased its stake in HA Sustainable Infrastructure Capital by 88.1% in the 4th quarter. Millennium Management LLC now owns 82,118 shares of the real estate investment trust’s stock worth $2,581,000 after purchasing an additional 38,464 shares during the period. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Price Performance

HASI stock opened at $37.05 on Thursday. The firm has a 50 day simple moving average of $36.41 and a two-hundred day simple moving average of $33.34. The stock has a market cap of $4.76 billion, a PE ratio of 27.25, a P/E/G ratio of 1.19 and a beta of 1.41. HA Sustainable Infrastructure Capital has a one year low of $21.98 and a one year high of $40.01. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20.

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, hitting the consensus estimate of $0.67. The company 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. On average, analysts predict that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be paid a $0.425 dividend. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.6%. HA Sustainable Infrastructure Capital’s dividend payout ratio is currently 125.00%.

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.