HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives $43.22 Consensus PT from Brokerages

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have received a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $44.00.

Several equities analysts have recently issued reports on HASI shares. UBS Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Morgan Stanley lifted their target price on shares of HA Sustainable Infrastructure Capital from $47.00 to $54.00 and gave the company an “overweight” rating in a report on Tuesday. Wells Fargo & Company lifted their target price on shares of HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Mizuho lifted their target price on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th.

Insider Activity

In other news, Director Jeffrey Eckel sold 134,398 shares of HA Sustainable Infrastructure Capital stock in a transaction dated 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 $355,031.50. The trade was a 93.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in HA Sustainable Infrastructure Capital by 0.9% in the 4th quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock worth $974,000 after acquiring an additional 266 shares during the last quarter. Smartleaf Asset Management LLC raised its position in HA Sustainable Infrastructure Capital by 14.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 336 shares during the last quarter. Pekin Hardy Strauss Inc. raised its position in HA Sustainable Infrastructure Capital by 5.0% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock worth $230,000 after buying an additional 345 shares during the last quarter. Osaic Holdings Inc. raised its position in HA Sustainable Infrastructure Capital by 0.9% in the 2nd quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock worth $1,233,000 after buying an additional 389 shares during the last quarter. Finally, Man Group plc raised its position in HA Sustainable Infrastructure Capital by 6.0% in the 4th quarter. Man Group plc now owns 6,979 shares of the real estate investment trust’s stock worth $219,000 after buying an additional 395 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HA Sustainable Infrastructure Capital stock opened at $38.54 on Thursday. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 1.94. The firm has a market capitalization of $4.95 billion, a P/E ratio of 28.33, a P/E/G ratio of 1.19 and a beta of 1.41. The business has a fifty day simple moving average of $36.63 and a two-hundred day simple moving average of $33.53. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $40.01.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The business had revenue of $114.81 million during 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, equities analysts forecast that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be given a $0.425 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.4%. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s payout ratio is presently 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.