HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives $43.22 Consensus Price Target from Brokerages

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have received an average rating of “Moderate Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $43.2222.

HASI has been the subject of several analyst reports. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. Jefferies Financial Group boosted their price objective on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. TD Cowen upped their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Morgan Stanley raised 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. Finally, The Goldman Sachs Group boosted their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th.

HA Sustainable Infrastructure Capital Trading Up 0.0%

HA Sustainable Infrastructure Capital stock opened at $35.98 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20. The firm has a market cap of $4.61 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 1.24 and a beta of 1.44. HA Sustainable Infrastructure Capital has a 1 year low of $21.98 and a 1 year high of $40.01. The firm’s 50 day moving average price is $35.30 and its two-hundred day moving average price is $32.31.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting analysts’ consensus estimates of $0.67. The company had revenue of $114.81 million during the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, research analysts predict that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, April 2nd. This is a positive change from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s dividend payout ratio is presently 125.00%.

Insider Transactions at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value of $5,272,433.54. Following the completion of the sale, the director owned 9,050 shares in the company, valued at $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds have recently bought and sold shares of HASI. Salomon & Ludwin LLC purchased a new position in HA Sustainable Infrastructure Capital during the 3rd quarter valued at about $27,000. iSAM Funds UK Ltd purchased a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter worth approximately $27,000. Triumph Capital Management purchased a new stake in shares of HA Sustainable Infrastructure Capital in the fourth quarter worth approximately $29,000. Hantz Financial Services Inc. boosted its holdings in shares of HA Sustainable Infrastructure Capital by 630.9% during the third 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. Finally, Northwestern Mutual Wealth Management Co. grew its position in HA Sustainable Infrastructure Capital by 101.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 977 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

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.