FY2026 EPS Estimates for TSE:PIF Cut by Clarus Securities

Polaris Renewable Energy Inc. (TSE:PIF) – Research analysts at Clarus Securities lowered their FY2026 earnings per share estimates for Polaris Renewable Energy in a note issued to investors on Thursday, February 26th. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings per share of $0.19 for the year, down from their prior estimate of $0.32. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. Clarus Securities also issued estimates for Polaris Renewable Energy’s Q1 2027 earnings at $0.07 EPS.

Several other research analysts have also recently commented on PIF. Raymond James Financial reduced their target price on shares of Polaris Renewable Energy from C$20.00 to C$18.25 and set an “outperform” rating for the company in a report on Friday, February 20th. National Bank Financial boosted their price target on shares of Polaris Renewable Energy from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 7th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Polaris Renewable Energy has an average rating of “Buy” and an average target price of C$19.63.

Polaris Renewable Energy Price Performance

Shares of PIF opened at C$12.09 on Monday. The company has a quick ratio of 1.64, a current ratio of 5.25 and a debt-to-equity ratio of 91.31. Polaris Renewable Energy has a twelve month low of C$10.70 and a twelve month high of C$14.20. The stock has a market capitalization of C$253.70 million, a P/E ratio of -22.39, a P/E/G ratio of 3.28 and a beta of 0.60. The company has a 50 day moving average of C$12.22 and a 200-day moving average of C$12.60.

Polaris Renewable Energy (TSE:PIF) last released its earnings results on Thursday, February 19th. The company reported C$0.39 EPS for the quarter. Polaris Renewable Energy had a negative return on equity of 1.09% and a negative net margin of 3.29%.The firm had revenue of C$25.57 million for the quarter.

Polaris Renewable Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 27th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. Polaris Renewable Energy’s dividend payout ratio (DPR) is currently -111.11%.

Polaris Renewable Energy Company Profile

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.