HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stock Has Consensus Price Target of $47.50 According to Brokerages

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $47.50.

Several equities analysts recently commented on HASI shares. Jefferies Financial Group restated a “buy” rating and set a $44.00 target price on shares of HA Sustainable Infrastructure Capital in a research report on Thursday, October 1st. UBS Group reiterated a “neutral” rating and set a $44.00 price target (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a research report on Friday, September 4th. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Friday, August 7th. Morgan Stanley lifted their target price on shares of HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday, August 18th. Finally, Bank of America reissued a “buy” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, August 18th.

HA Sustainable Infrastructure Capital Stock Performance

NYSE HASI opened at $36.34 on Tuesday. The company’s 50 day moving average is $37.72 and its 200-day moving average is $38.91. The firm has a market cap of $4.67 billion, a P/E ratio of 68.57, a price-to-earnings-growth ratio of 1.17 and a beta of 1.42. HA Sustainable Infrastructure Capital has a 12-month low of $27.28 and a 12-month high of $44.13. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.02. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%. The company had revenue of $120.79 million during the quarter, compared to analysts’ expectations of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Sell-side analysts predict that HA Sustainable Infrastructure Capital will post 2.75 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Friday, October 2nd were given a dividend of $0.4250 per share. The ex-dividend date was Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a yield of 4.7%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 320.75%.

Institutional Trading of HA Sustainable Infrastructure Capital

A number of hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in HA Sustainable Infrastructure Capital in the 2nd quarter worth approximately $834,012,000. Neumeier Poma Investment Counsel LLC purchased a new stake in HA Sustainable Infrastructure Capital during the 2nd quarter valued at $60,865,790. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in HA Sustainable Infrastructure Capital by 31,354.1% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,534,959 shares of the real estate investment trust’s stock valued at $59,940,000 after buying an additional 1,530,079 shares during the period. Bank of New York Mellon Corp purchased a new stake in HA Sustainable Infrastructure Capital during the 2nd quarter valued at $51,176,000. Finally, Bank of America Corp DE bought a new position in shares of HA Sustainable Infrastructure Capital during the second quarter valued at about $47,223,000. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc (NYSE: HASI) is an investment firm focused on financing sustainable infrastructure and climate solutions. The company provides capital to projects and businesses involved in renewable energy, energy efficiency, sustainable real estate and other infrastructure that supports the transition to a lower-carbon economy.

Its investment activities may include lending, equity investments and other forms of project financing. HA Sustainable Infrastructure Capital typically works with developers, owners and operators of infrastructure assets, helping fund projects such as distributed solar, utility-scale renewable energy, energy-efficiency improvements and resilient infrastructure.

Founded in 1981, the company has historically operated under the name Hannon Armstrong Sustainable Infrastructure Capital, Inc and became publicly traded in 2013.