HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Declares $0.42 Quarterly Dividend

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) declared a quarterly dividend on Thursday, November 6th. Investors of record on Monday, December 29th will be paid a dividend of 0.42 per share by the real estate investment trust on Friday, January 9th. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, December 29th.

HA Sustainable Infrastructure Capital has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 2 years. HA Sustainable Infrastructure Capital has a payout ratio of 57.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect HA Sustainable Infrastructure Capital to earn $2.72 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 61.8%.

HA Sustainable Infrastructure Capital Trading Up 10.0%

NYSE HASI traded up $2.85 on Friday, hitting $31.40. The company’s stock had a trading volume of 1,093,430 shares, compared to its average volume of 1,240,409. The firm has a market cap of $3.90 billion, a P/E ratio of 20.27, a PEG ratio of 1.05 and a beta of 1.63. HA Sustainable Infrastructure Capital has a 52-week low of $21.98 and a 52-week high of $32.29. The company’s 50-day simple moving average is $29.04 and its 200 day simple moving average is $27.37. The company has a current ratio of 10.81, a quick ratio of 10.81 and a debt-to-equity ratio of 1.82.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a return on equity of 10.85% and a net margin of 56.17%.The company had revenue of ($37.39) million during the quarter, compared to the consensus estimate of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Research analysts predict that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current fiscal year.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of large investors have recently bought and sold shares of HASI. Osaic Holdings Inc. grew its position in shares of HA Sustainable Infrastructure Capital by 0.9% in the 2nd quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock worth $1,233,000 after buying an additional 389 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in HA Sustainable Infrastructure Capital by 1.5% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 27,926 shares of the real estate investment trust’s stock worth $857,000 after acquiring an additional 400 shares during the period. Ameritas Investment Partners Inc. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 3.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,499 shares of the real estate investment trust’s stock valued at $336,000 after acquiring an additional 415 shares during the last quarter. Values Added Financial LLC raised its holdings in shares of HA Sustainable Infrastructure Capital by 3.1% during the second quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust’s stock worth $393,000 after purchasing an additional 439 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of HA Sustainable Infrastructure Capital by 0.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 89,390 shares of the real estate investment trust’s stock valued at $2,744,000 after buying an additional 467 shares during the last quarter. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.