The Goldman Sachs Group Issues Positive Forecast for HA Sustainable Infrastructure Capital (NYSE:HASI) Stock Price

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price objective increased by The Goldman Sachs Group from $33.00 to $38.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. The Goldman Sachs Group’s price objective indicates a potential downside of 3.65% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Wells Fargo & Company boosted their price target on HA Sustainable Infrastructure Capital from $33.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. UBS Group increased their target price on shares of HA Sustainable Infrastructure Capital from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Finally, Morgan Stanley boosted their target price on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $42.13.

HA Sustainable Infrastructure Capital Stock Down 0.7%

HA Sustainable Infrastructure Capital stock traded down $0.26 during midday trading on Tuesday, hitting $39.44. The stock had a trading volume of 785,892 shares, compared to its average volume of 1,047,144. The business has a fifty day moving average price of $33.98 and a 200 day moving average price of $31.14. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $40.01. The stock has a market cap of $4.99 billion, a P/E ratio of 29.00, a P/E/G ratio of 1.37 and a beta of 1.45. The company has a current ratio of 9.20, a quick ratio of 11.03 and a debt-to-equity ratio of 1.94.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.The company had revenue of $198.28 million for the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Research analysts predict that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current year.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 14.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 336 shares in the last quarter. Pekin Hardy Strauss Inc. raised its position in HA Sustainable Infrastructure Capital by 5.0% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock valued at $230,000 after acquiring an additional 345 shares in the last quarter. Osaic Holdings Inc. lifted its stake in HA Sustainable Infrastructure Capital by 0.9% in the second quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock valued at $1,233,000 after acquiring an additional 389 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in HA Sustainable Infrastructure Capital by 1.5% in the third 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 in the last quarter. Finally, Ameritas Investment Partners Inc. increased its stake in shares of HA Sustainable Infrastructure Capital by 3.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 12,499 shares of the real estate investment trust’s stock worth $336,000 after purchasing an additional 415 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

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.