Wall Street analysts forecast that Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) will post $14.63 million in sales for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings. The lowest sales estimate is $11.30 million and the highest is $16.80 million. Hannon Armstrong Sustnbl Infrstr Cap posted sales of $8.35 million during the same quarter last year, which suggests a positive year over year growth rate of 75.2%. The company is expected to issue its next quarterly earnings report on Wednesday, February 20th.

On average, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full year sales of $54.04 million for the current year, with estimates ranging from $47.00 million to $58.00 million. For the next fiscal year, analysts expect that the business will report sales of $56.47 million, with estimates ranging from $49.00 million to $62.12 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Hannon Armstrong Sustnbl Infrstr Cap.

HASI has been the topic of a number of recent analyst reports. B. Riley set a $26.00 price target on Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Friday, August 3rd. Zacks Investment Research raised Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research report on Thursday, November 8th. JPMorgan Chase & Co. upped their price target on Hannon Armstrong Sustnbl Infrstr Cap from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, November 2nd. ValuEngine raised Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research report on Saturday, September 1st. Finally, Cowen reaffirmed a “buy” rating and set a $27.00 price target on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research report on Friday, November 9th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Hannon Armstrong Sustnbl Infrstr Cap currently has a consensus rating of “Buy” and an average target price of $24.88.

In other news, EVP Daniel K. Mcmahon sold 20,000 shares of the business’s stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $22.84, for a total transaction of $456,800.00. Following the sale, the executive vice president now directly owns 287,571 shares of the company’s stock, valued at $6,568,121.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Richard J. Osborne acquired 2,500 shares of the company’s stock in a transaction dated Friday, November 9th. The shares were bought at an average cost of $22.87 per share, for a total transaction of $57,175.00. The disclosure for this purchase can be found here. 5.30% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Investec Asset Management LTD grew its holdings in shares of Hannon Armstrong Sustnbl Infrstr Cap by 5.2% during the second quarter. Investec Asset Management LTD now owns 52,831 shares of the real estate investment trust’s stock valued at $1,043,000 after buying an additional 2,600 shares during the last quarter. California Public Employees Retirement System boosted its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 4.2% in the second quarter. California Public Employees Retirement System now owns 73,432 shares of the real estate investment trust’s stock valued at $1,450,000 after purchasing an additional 2,973 shares during the last quarter. Rhumbline Advisers boosted its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 6.4% in the second quarter. Rhumbline Advisers now owns 52,427 shares of the real estate investment trust’s stock valued at $1,035,000 after purchasing an additional 3,146 shares during the last quarter. Xact Kapitalforvaltning AB boosted its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 27.9% in the third quarter. Xact Kapitalforvaltning AB now owns 16,488 shares of the real estate investment trust’s stock valued at $354,000 after purchasing an additional 3,600 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Hannon Armstrong Sustnbl Infrstr Cap by 10.2% in the first quarter. Principal Financial Group Inc. now owns 39,007 shares of the real estate investment trust’s stock valued at $761,000 after purchasing an additional 3,626 shares during the last quarter. 68.01% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:HASI traded down $0.11 during trading hours on Monday, reaching $23.40. The company’s stock had a trading volume of 2,465,627 shares, compared to its average volume of 378,035. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 3.14 and a beta of 0.86. Hannon Armstrong Sustnbl Infrstr Cap has a 12 month low of $17.33 and a 12 month high of $24.57. The company has a quick ratio of 33.99, a current ratio of 33.99 and a debt-to-equity ratio of 2.37.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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