Q2 EPS Estimate for Polaris Renewable Energy Cut by Analyst

Posted by Stanley Muller on May 12th, 2026

Polaris Renewable Energy Inc. (TSE:PIF – Free Report) – Investment analysts at Clarus Securities cut their Q2 2026 earnings per share (EPS) estimates for Polaris Renewable Energy in a research note issued on Friday, May 8th. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings of $0.05 per share for the quarter, down from their previous forecast of $0.08. 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 Q3 2026 earnings at $0.01 EPS, Q4 2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.04 EPS, Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.16 EPS and FY2027 earnings at $0.60 EPS.

Separately, Raymond James Financial decreased their target price on Polaris Renewable Energy from C$20.00 to C$18.25 and set an “outperform” rating for the company in a research note on Friday, February 20th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$19.63.

View Our Latest Report on Polaris Renewable Energy

Polaris Renewable Energy Price Performance

PIF stock opened at C$12.50 on Tuesday. The business has a 50 day moving average price of C$12.46 and a 200 day moving average price of C$12.34. The stock has a market cap of C$261.19 million, a price-to-earnings ratio of -96.15, a PEG ratio of 3.28 and a beta of 0.43. Polaris Renewable Energy has a fifty-two week low of C$11.40 and a fifty-two week high of C$14.20. The company has a quick ratio of 1.64, a current ratio of 4.90 and a debt-to-equity ratio of 91.92.

Polaris Renewable Energy (TSE:PIF – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported C($0.04) earnings per share for the quarter. The business had revenue of C$27.48 million for the quarter. Polaris Renewable Energy had a return on equity of 2.96% and a net margin of 9.00%.

Insiders Place Their Bets

In other Polaris Renewable Energy news, Director Marc Murnaghan sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of C$11.90, for a total value of C$119,000.00. Following the completion of the sale, the director owned 508,501 shares in the company, valued at approximately C$6,051,161.90. The trade was a 1.93% decrease in their ownership of the stock. Corporate insiders own 2.94% of the company’s stock.

Polaris Renewable Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 27th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.60 dividend on an annualized basis and a yield of 4.8%. Polaris Renewable Energy’s payout ratio is currently -461.54%.

About Polaris Renewable Energy

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Polaris Renewable Energy Inc is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company’s operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).