HA Sustainable Infrastructure Capital (NYSE:HASI) Updates FY 2028 Earnings Guidance

HA Sustainable Infrastructure Capital (NYSE:HASI) issued an update on its FY 2028 earnings guidance on Thursday morning. The company provided EPS guidance of 3.500-3.600 for the period, compared to the consensus EPS estimate of 3.180. The company issued revenue guidance of -.

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE HASI traded down $0.92 during mid-day trading on Thursday, reaching $42.39. 1,242,256 shares of the company were exchanged, compared to its average volume of 969,223. HA Sustainable Infrastructure Capital has a 52 week low of $24.28 and a 52 week high of $43.94. The company has a quick ratio of 9.20, a current ratio of 9.20 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $5.44 billion, a PE ratio of 31.17, a PEG ratio of 1.38 and a beta of 1.47. The company’s 50 day moving average price is $38.21 and its 200 day moving average price is $34.99.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. The company had revenue of $114.81 million during the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Sell-side analysts forecast that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd were issued a dividend of $0.425 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.0%. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s payout ratio is presently 125.00%.

Analysts Set New Price Targets

HASI has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price objective on shares of HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Morgan Stanley lifted their price objective on shares of HA Sustainable Infrastructure Capital from $47.00 to $54.00 and gave the stock an “overweight” rating in a report on Tuesday, April 7th. Mizuho lifted their price objective on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. The Goldman Sachs Group boosted their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Finally, Citigroup boosted their price target on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital has an average rating of “Moderate Buy” and a consensus target price of $45.00.

Insiders Place Their Bets

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total value of $5,272,433.54. Following the transaction, the director owned 9,050 shares in the company, valued at approximately $355,031.50. The trade was a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of hedge funds have recently modified their holdings of the company. T. Rowe Price Investment Management Inc. increased its position in shares of HA Sustainable Infrastructure Capital by 24.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after acquiring an additional 1,282,466 shares during the period. State Street Corp increased its position in shares of HA Sustainable Infrastructure Capital by 2.0% in the fourth quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust’s stock valued at $172,499,000 after acquiring an additional 108,376 shares during the period. Alliancebernstein L.P. increased its position in shares of HA Sustainable Infrastructure Capital by 1,015.5% in the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after acquiring an additional 3,965,832 shares during the period. Amundi increased its position in shares of HA Sustainable Infrastructure Capital by 10.7% during the third quarter. Amundi now owns 2,663,456 shares of the real estate investment trust’s stock valued at $81,771,000 after buying an additional 256,939 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of HA Sustainable Infrastructure Capital by 27.4% during the fourth quarter. JPMorgan Chase & Co. now owns 2,625,977 shares of the real estate investment trust’s stock valued at $82,535,000 after buying an additional 565,279 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Company Profile

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.