Polaris Renewable Energy (TSE:PIF) Sets New 1-Year High – What’s Next?

Posted by Brenda Bartman on Jun 10th, 2026

Shares of Polaris Renewable Energy Inc. (TSE:PIF – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$14.89 and last traded at C$14.70, with a volume of 52779 shares. The stock had previously closed at C$14.78.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on PIF

Polaris Renewable Energy Stock Performance

The company has a quick ratio of 1.64, a current ratio of 4.90 and a debt-to-equity ratio of 91.92. The stock has a fifty day moving average of C$12.81 and a 200-day moving average of C$12.34. The stock has a market cap of C$305.17 million, a PE ratio of 44.24, a price-to-earnings-growth ratio of 3.28 and a beta of 0.62.

Polaris Renewable Energy (TSE:PIF – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$27.48 million during the quarter. Polaris Renewable Energy had a net margin of 9.00% and a return on equity of 2.96%. On average, equities analysts forecast that Polaris Renewable Energy Inc. will post 0.6481187 EPS for the current year.

Polaris Renewable Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 22nd were given a $0.15 dividend. The ex-dividend date was Thursday, May 14th. This represents a $0.60 dividend on an annualized basis and a yield of 4.1%. Polaris Renewable Energy’s dividend payout ratio (DPR) is presently 181.82%.

Insider Buying and Selling

In other news, Director Marc Murnaghan acquired 5,000 shares of Polaris Renewable Energy stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of C$12.90 per share, for a total transaction of C$64,500.00. Following the completion of the transaction, the director directly owned 513,501 shares in the company, valued at approximately C$6,624,162.90. This trade represents a 0.98% increase in their ownership of the stock. Insiders have bought a total of 30,000 shares of company stock valued at $378,800 in the last three months. 2.94% of the stock is owned by company insiders.

Polaris Renewable Energy Company Profile

(Get Free Report)

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).