HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Get Free Report) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $37.40 and traded as high as $37.61. HA Sustainable Infrastructure Capital shares last traded at $37.52, with a volume of 686,377 shares changing hands.
Analyst Ratings Changes
HASI has been the topic of a number of analyst reports. Bank of America reiterated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, August 18th. Weiss Ratings restated a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Friday, August 7th. JPMorgan Chase & Co. cut their price target on shares of HA Sustainable Infrastructure Capital from $51.00 to $45.00 and set an “overweight” rating for the company in a report on Monday, October 19th. Jefferies Financial Group reaffirmed a “buy” rating and set a $44.00 price target on shares of HA Sustainable Infrastructure Capital in a report on Thursday, October 1st. Finally, Mizuho increased their price target on shares of HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 9th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $47.50.
Read Our Latest Stock Analysis on HASI
HA Sustainable Infrastructure Capital Stock Up 1.9%
The stock has a 50 day moving average price of $37.40 and a 200 day moving average price of $38.04. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 70.79, a price-to-earnings-growth ratio of 1.19 and a beta of 1.42. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23.
HA Sustainable Infrastructure Capital (NYSE:HASI – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.02. The firm had revenue of $120.79 million during the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. As a group, analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.75 EPS for the current year.
HA Sustainable Infrastructure Capital Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Friday, October 2nd were paid a $0.4250 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, October 2nd. HA Sustainable Infrastructure Capital’s payout ratio is presently 320.75%.
Institutional Trading of HA Sustainable Infrastructure Capital
A number of large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter valued at $39,000. Versant Capital Management Inc boosted its holdings in 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 buying an additional 404 shares during the period. Trust Co. of Vermont bought a new position in HA Sustainable Infrastructure Capital in the 2nd quarter worth approximately $70,000. Addison Advisors LLC bought a new position in HA Sustainable Infrastructure Capital in the 2nd quarter worth approximately $72,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in HA Sustainable Infrastructure Capital in the 2nd quarter valued at approximately $76,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.
HA Sustainable Infrastructure Capital Company Profile
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.
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