HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $50.00 at JPMorgan Chase & Co.

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $46.00 to $50.00 in a report released on Monday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 21.98% from the stock’s current price.

A number of other equities research analysts have also recently commented on the company. Mizuho lifted their target price on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada boosted their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday. Citigroup boosted their price objective on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Morgan Stanley upped their price target on HA Sustainable Infrastructure Capital from $47.00 to $54.00 and gave the company an “overweight” rating in a research report on Tuesday, April 7th. Finally, The Goldman Sachs Group upped their price target on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a research report on Tuesday, February 17th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.40.

HA Sustainable Infrastructure Capital Stock Down 0.1%

HASI traded down $0.06 during mid-day trading on Monday, reaching $40.99. 542,837 shares of the stock were exchanged, compared to its average volume of 972,995. The company has a debt-to-equity ratio of 2.12, a quick ratio of 9.20 and a current ratio of 12.10. The stock has a market capitalization of $5.26 billion, a PE ratio of 117.25, a price-to-earnings-growth ratio of 1.32 and a beta of 1.47. The company has a 50 day moving average price of $38.21 and a two-hundred day moving average price of $34.99. HA Sustainable Infrastructure Capital has a 1 year low of $24.28 and a 1 year high of $44.13.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.09. The firm had revenue of $124.23 million for the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, research analysts anticipate that HA Sustainable Infrastructure Capital will post 2.71 EPS for the current year.

Insider Buying and Selling at HA Sustainable Infrastructure Capital

In related news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction that occurred on 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 directly owned 9,050 shares in the company, valued at approximately $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. iSAM Funds UK Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter worth approximately $27,000. Triumph Capital Management purchased a new stake in HA Sustainable Infrastructure Capital in the fourth quarter worth approximately $29,000. Hantz Financial Services Inc. boosted its stake in HA Sustainable Infrastructure Capital by 630.9% in the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 1,142 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in HA Sustainable Infrastructure Capital by 101.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 977 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in HA Sustainable Infrastructure Capital in the third quarter worth approximately $67,000. 96.14% of the stock is currently owned by institutional investors.

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.