Wells Fargo & Company Forecasts Strong Price Appreciation for HA Sustainable Infrastructure Capital (NYSE:HASI) Stock

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price objective raised by analysts at Wells Fargo & Company from $44.00 to $46.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 13.16% from the company’s current price.

Several other research analysts also recently commented on the company. Citigroup boosted their target price on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Mizuho boosted their target price on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. UBS Group boosted their target price on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Royal Bank Of Canada boosted their price objective on shares of 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. Finally, The Goldman Sachs Group boosted their price objective on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.60.

HA Sustainable Infrastructure Capital Stock Down 0.8%

NYSE HASI opened at $40.65 on Tuesday. The company has a current ratio of 12.10, a quick ratio of 9.20 and a debt-to-equity ratio of 2.12. The stock’s 50 day moving average is $38.54 and its two-hundred day moving average is $35.33. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of 116.14, a PEG ratio of 1.31 and a beta of 1.47. HA Sustainable Infrastructure Capital has a 1-year low of $24.28 and a 1-year high of $44.13.

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 analysts’ consensus estimates of $0.68 by $0.09. The company had revenue of $124.23 million for the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Equities analysts forecast that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

Insider Activity at HA Sustainable Infrastructure Capital

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the sale, the director owned 9,050 shares in the company, valued at approximately $355,031.50. The trade was a 93.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.20% of the company’s stock.

Institutional Trading of HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of HA Sustainable Infrastructure Capital by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock valued at $441,610,000 after buying an additional 61,189 shares in the last quarter. T. Rowe Price Investment Management Inc. increased 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 valued at $207,578,000 after buying an additional 1,282,466 shares in the last quarter. State Street Corp increased 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 valued at $172,499,000 after buying an additional 108,376 shares in the last quarter. Alliancebernstein L.P. increased 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 valued at $135,282,000 after buying an additional 50,212 shares in the last quarter. Finally, Geode Capital Management LLC increased 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 valued at $92,572,000 after buying an additional 54,898 shares in the last quarter. Institutional investors 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.