HA Sustainable Infrastructure Capital (NYSE:HASI) Reaches New 52-Week High – Here’s What Happened

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $35.16 and last traded at $35.1350, with a volume of 786921 shares traded. The stock had previously closed at $34.62.

Analysts Set New Price Targets

Several brokerages have issued reports on HASI. Morgan Stanley increased their target price on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Oppenheimer reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Wells Fargo & Company increased their target price on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. Finally, The Goldman Sachs Group lifted their price target on HA Sustainable Infrastructure Capital from $27.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $40.00.

HA Sustainable Infrastructure Capital Trading Down 2.1%

The stock’s fifty day simple moving average is $33.31 and its 200-day simple moving average is $30.37. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.03 and a quick ratio of 11.03. The firm has a market cap of $4.35 billion, a PE ratio of 14.77, a PEG ratio of 1.21 and a beta of 1.45.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a return on equity of 11.97% and a net margin of 79.69%.The firm 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. On average, sell-side analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Monday, December 29th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Monday, December 29th. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 72.10%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Several institutional investors and hedge funds have recently modified their holdings of the stock. iSAM Funds UK Ltd acquired a new stake in HA Sustainable Infrastructure Capital during the third quarter worth about $27,000. Salomon & Ludwin LLC purchased a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. Hantz Financial Services Inc. grew its stake in shares of HA Sustainable Infrastructure Capital by 630.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 1,142 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in shares of HA Sustainable Infrastructure Capital during the 3rd quarter valued at approximately $67,000. Finally, Quadrant Capital Group LLC acquired a new position in shares of HA Sustainable Infrastructure Capital in the 3rd quarter valued at $72,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

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.