HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives $46.90 Average PT from Brokerages

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been assigned an average rating of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $46.90.

Several brokerages recently issued reports on HASI. Royal Bank Of Canada raised their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. raised their target price on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Wells Fargo & Company raised their target price on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. UBS Group raised their target price on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Morgan Stanley raised their target price on HA Sustainable Infrastructure Capital from $54.00 to $57.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 27th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in HA Sustainable Infrastructure Capital by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock worth $441,610,000 after purchasing an additional 61,189 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of HA Sustainable Infrastructure Capital by 24.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock worth $207,578,000 after acquiring an additional 1,282,466 shares in the last quarter. State Street Corp raised its position in shares of HA Sustainable Infrastructure Capital by 2.0% in the 4th quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust’s stock worth $172,499,000 after acquiring an additional 108,376 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of HA Sustainable Infrastructure Capital by 1.2% in the 3rd quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock worth $135,282,000 after acquiring an additional 50,212 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of HA Sustainable Infrastructure Capital by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust’s stock worth $92,572,000 after acquiring an additional 54,898 shares in the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Trading Down 0.0%

NYSE HASI opened at $39.06 on Tuesday. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. HA Sustainable Infrastructure Capital has a twelve month low of $24.38 and a twelve month high of $44.13. The company has a market cap of $5.02 billion, a price-to-earnings ratio of 111.59, a price-to-earnings-growth ratio of 1.15 and a beta of 1.43. The business’s fifty day moving average is $40.21 and its 200 day moving average is $36.85.

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

HA Sustainable Infrastructure Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 485.71%.

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.