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

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) hit a new 52-week high during trading on Tuesday . The company traded as high as $34.63 and last traded at $34.2510, with a volume of 133414 shares trading hands. The stock had previously closed at $34.22.

Analysts Set New Price Targets

HASI has been the topic of several recent research reports. Wells Fargo & Company upped their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, December 19th. JPMorgan Chase & Co. upped their target price on HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. Oppenheimer reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. Finally, UBS Group upped their price objective on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, HA Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average price target of $40.00.

HA Sustainable Infrastructure Capital Stock Down 0.8%

The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 1.16 and a beta of 1.45. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93. The firm has a fifty day moving average price of $32.73 and a 200-day moving average price of $29.71.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, topping 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 firm 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. As a group, sell-side analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Monday, December 29th were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 72.10%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Swedbank AB boosted its stake in shares of HA Sustainable Infrastructure Capital by 4.8% during the 3rd quarter. Swedbank AB now owns 1,635,072 shares of the real estate investment trust’s stock valued at $50,197,000 after buying an additional 75,504 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in HA Sustainable Infrastructure Capital by 9.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 72,042 shares of the real estate investment trust’s stock valued at $1,934,000 after acquiring an additional 6,127 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in HA Sustainable Infrastructure Capital by 4,646.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 42,007 shares of the real estate investment trust’s stock worth $1,290,000 after acquiring an additional 41,122 shares in the last quarter. ABN AMRO Bank N.V. bought a new stake in shares of HA Sustainable Infrastructure Capital in the 2nd quarter worth about $6,297,000. Finally, Baird Financial Group Inc. raised its stake in shares of HA Sustainable Infrastructure Capital by 7.6% in the 2nd quarter. Baird Financial Group Inc. now owns 533,666 shares of the real estate investment trust’s stock valued at $14,334,000 after purchasing an additional 37,678 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

About HA Sustainable Infrastructure Capital

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.