What is Clarus Securities’ Forecast for TSE:PIF Q1 Earnings?

Polaris Renewable Energy Inc. (TSE:PIF) – Equities researchers at Clarus Securities cut their Q1 2026 EPS estimates for shares of Polaris Renewable Energy in a research note issued to investors on Friday, August 1st. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings of $0.12 per share for the quarter, down from their prior forecast of $0.15. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. Clarus Securities also issued estimates for Polaris Renewable Energy’s Q2 2026 earnings at $0.15 EPS and FY2026 earnings at $0.81 EPS.

PIF has been the subject of a number of other research reports. National Bank Financial raised Polaris Renewable Energy to a “strong-buy” rating in a research note on Sunday, June 8th. Raymond James Financial lowered shares of Polaris Renewable Energy from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, May 1st. Finally, Cormark lowered shares of Polaris Renewable Energy from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, August 1st.

Polaris Renewable Energy Price Performance

PIF stock opened at C$12.64 on Monday. The company has a debt-to-equity ratio of 57.48, a current ratio of 1.82 and a quick ratio of 1.64. The company’s 50-day moving average is C$12.09 and its 200-day moving average is C$12.04. The stock has a market capitalization of C$187.85 million, a PE ratio of 26.19, a price-to-earnings-growth ratio of 3.28 and a beta of 0.97. Polaris Renewable Energy has a 1 year low of C$10.70 and a 1 year high of C$13.66.

Polaris Renewable Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 23rd were paid a $0.15 dividend. The ex-dividend date was Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 4.7%. Polaris Renewable Energy’s dividend payout ratio (DPR) is 169.88%.

Insider Buying and Selling

In other Polaris Renewable Energy news, Director Marc Murnaghan bought 7,500 shares of the business’s stock in a transaction dated Thursday, June 12th. The shares were purchased at an average price of C$11.98 per share, for a total transaction of C$89,850.00. Company insiders own 2.94% of the company’s stock.

About Polaris Renewable Energy

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.