Brokers Issue Forecasts for TSE:PIF FY2026 Earnings

Posted by Stanley Muller on May 13th, 2026

Polaris Renewable Energy Inc. (TSE:PIF – Free Report) – Investment analysts at Clarus Securities reduced their FY2026 earnings per share (EPS) estimates for Polaris Renewable Energy in a report released on Friday, May 8th. Clarus Securities analyst S. Kammermayer now anticipates that the company will earn $0.03 per share for the year, down from their previous forecast of $0.19. 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 Q4 2027 earnings at $0.16 EPS.

Polaris Renewable Energy (TSE:PIF – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported C($0.04) earnings per share for the quarter. The firm 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%.

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

Read Our Latest Report on Polaris Renewable Energy

Polaris Renewable Energy Stock Performance

Shares of TSE PIF opened at C$12.59 on Wednesday. The stock has a 50 day moving average price of C$12.47 and a 200 day moving average price of C$12.33. Polaris Renewable Energy has a 52 week low of C$11.40 and a 52 week high of C$14.20. The company has a debt-to-equity ratio of 91.92, a quick ratio of 1.64 and a current ratio of 4.90. The stock has a market capitalization of C$263.07 million, a PE ratio of 38.15, a price-to-earnings-growth ratio of 3.28 and a beta of 0.43.

Insider Transactions at Polaris Renewable Energy

In other Polaris Renewable Energy news, Director Marc Murnaghan sold 10,000 shares of the company’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 sale, the director owned 508,501 shares in the company, valued at C$6,051,161.90. This represents a 1.93% decrease in their ownership of the stock. 2.94% of the stock is owned by corporate insiders.

Polaris Renewable Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 22nd will be paid a $0.15 dividend. The ex-dividend date is Thursday, May 14th. This represents a $0.60 annualized dividend and a yield of 4.8%. Polaris Renewable Energy’s dividend payout ratio is currently 181.82%.

Key Headlines Impacting Polaris Renewable Energy

Here are the key news stories impacting Polaris Renewable Energy this week:

Positive Sentiment: Polaris Renewable Energy announced a quarterly dividend of C$0.15 per share, implying an annualized yield of about 4.8%, which may appeal to income-focused investors and help support the stock.
Positive Sentiment: The company announced approval of its SO1 agreement by FOMB, a potentially helpful regulatory milestone that could reduce uncertainty around operations in Puerto Rico. Article Title
Neutral Sentiment: Analysts at Clarus Securities lowered earnings estimates across multiple future periods, including FY2026 EPS to C$0.03 from C$0.19 and FY2027 EPS to C$0.60 from C$0.70, signaling a softer outlook after recent results.
Neutral Sentiment: The company’s most recent quarterly earnings missed expectations slightly, with EPS of C$(0.04) and revenue of C$27.48 million, adding to the mixed view on near-term profitability.

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).