HA Sustainable Infrastructure Capital (NYSE:HASI) Hits New 12-Month High – Here’s What Happened

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) hit a new 52-week high during trading on Tuesday . The company traded as high as $36.92 and last traded at $36.75, with a volume of 1080427 shares traded. The stock had previously closed at $36.13.

Analysts Set New Price Targets

HASI has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Wells Fargo & Company raised their price objective on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. Morgan Stanley boosted their target price on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.00.

HA Sustainable Infrastructure Capital Price Performance

The company has a 50 day moving average price of $33.73 and a 200-day moving average price of $30.91. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93. The company has a market cap of $4.54 billion, a price-to-earnings ratio of 15.38, a P/E/G ratio of 1.29 and a beta of 1.45.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.04). HA Sustainable Infrastructure Capital had a net margin of 79.69% and a return on equity of 11.97%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, equities research analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 EPS for the current fiscal year.

Institutional Trading of HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new stake in shares of HA Sustainable Infrastructure Capital in the 3rd quarter valued at $27,000. iSAM Funds UK Ltd bought a new stake in HA Sustainable Infrastructure Capital during the third quarter valued at $27,000. Triumph Capital Management bought a new stake in HA Sustainable Infrastructure Capital during the fourth quarter valued at $29,000. Hantz Financial Services Inc. grew its holdings in HA Sustainable Infrastructure Capital by 630.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 1,142 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of HA Sustainable Infrastructure Capital by 101.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 977 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

About HA Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.