HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives $40.00 Consensus Target Price from Brokerages

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has earned an average rating of “Moderate Buy” from the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $40.00.

A number of research analysts have recently weighed in on HASI shares. Wells Fargo & Company increased their price target on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. UBS Group raised their target price on HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a report on Monday, November 10th. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Finally, Morgan Stanley raised their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds have recently bought and sold shares of the company. Legend Financial Advisors Inc. bought a new stake in shares of HA Sustainable Infrastructure Capital in the 2nd quarter worth approximately $27,000. Salomon & Ludwin LLC bought a new position in shares of HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. iSAM Funds UK Ltd bought a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth $27,000. Hantz Financial Services Inc. increased its holdings in HA Sustainable Infrastructure Capital by 630.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 1,142 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of HA Sustainable Infrastructure Capital in the third quarter valued at about $67,000. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Up 0.3%

Shares of HA Sustainable Infrastructure Capital stock opened at $34.48 on Friday. HA Sustainable Infrastructure Capital has a twelve month low of $21.98 and a twelve month high of $34.71. The company has a quick ratio of 11.03, a current ratio of 11.03 and a debt-to-equity ratio of 1.93. The business has a 50-day moving average price of $33.12 and a 200-day moving average price of $29.95. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.19 and a beta of 1.45.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.11. The company had revenue of ($37.39) million during the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital had a return on equity of 11.97% and a net margin of 79.69%.HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Equities research analysts anticipate that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

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

About HA Sustainable Infrastructure Capital

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.