HA Sustainable Infrastructure Capital (NYSE:HASI – Free Report) had its price objective lowered by JPMorgan Chase & Co. from $51.00 to $45.00 in a report released on Monday morning,Benzinga reports. The brokerage currently has an overweight rating on the real estate investment trust’s stock.
Several other analysts have also recently issued reports on the company. UBS Group reaffirmed a “neutral” rating and set a $44.00 price objective (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a report on Friday, September 4th. Mizuho increased their target price on HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, September 9th. Morgan Stanley raised their target price on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. Jefferies Financial Group reissued a “buy” rating and issued a $44.00 target price on shares of HA Sustainable Infrastructure Capital in a report on Thursday, October 1st. Finally, Bank of America restated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, August 18th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.50.
Get Our Latest Stock Report on HASI
HA Sustainable Infrastructure Capital Trading Up 2.1%
Shares of HASI stock opened at $36.43 on Monday. HA Sustainable Infrastructure Capital has a 12-month low of $27.28 and a 12-month high of $44.13. The company has a current ratio of 8.89, a quick ratio of 8.89 and a debt-to-equity ratio of 2.23. The stock’s 50-day moving average price is $37.95 and its 200-day moving average price is $38.94. The stock has a market capitalization of $4.68 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 1.15 and a beta of 1.42.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%. The company had revenue of $120.79 million for the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Equities research analysts predict that HA Sustainable Infrastructure Capital will post 2.75 EPS for the current fiscal year.
HA Sustainable Infrastructure Capital Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Friday, October 2nd were given a $0.4250 dividend. The ex-dividend date was Friday, October 2nd. This represents a $1.70 annualized dividend and a yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 320.75%.
Institutional Investors Weigh In On HA Sustainable Infrastructure Capital
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC bought a new stake in shares of HA Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $39,000. Versant Capital Management Inc boosted its holdings in shares of HA Sustainable Infrastructure Capital by 59.2% in the 3rd quarter. Versant Capital Management Inc now owns 1,087 shares of the real estate investment trust’s stock worth $39,000 after purchasing an additional 404 shares during the period. Trust Co. of Vermont purchased a new position in shares of HA Sustainable Infrastructure Capital in the 2nd quarter worth approximately $70,000. Addison Advisors LLC purchased a new position in shares of HA Sustainable Infrastructure Capital in the 2nd quarter worth approximately $72,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter valued at approximately $76,000. 96.14% of the stock is currently owned by hedge funds and other institutional investors.
About HA Sustainable Infrastructure Capital
HA Sustainable Infrastructure Capital, Inc (NYSE: HASI) is an investment firm focused on financing sustainable infrastructure and climate solutions. The company provides capital to projects and businesses involved in renewable energy, energy efficiency, sustainable real estate and other infrastructure that supports the transition to a lower-carbon economy.
Its investment activities may include lending, equity investments and other forms of project financing. HA Sustainable Infrastructure Capital typically works with developers, owners and operators of infrastructure assets, helping fund projects such as distributed solar, utility-scale renewable energy, energy-efficiency improvements and resilient infrastructure.
Founded in 1981, the company has historically operated under the name Hannon Armstrong Sustainable Infrastructure Capital, Inc and became publicly traded in 2013.
Further Reading
- Five stocks we like better than HA Sustainable Infrastructure Capital
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for HA Sustainable Infrastructure Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HA Sustainable Infrastructure Capital and related companies with MarketBeat.com's FREE daily email newsletter.
