HA Sustainable Infrastructure Capital (NYSE:HASI) Given New $57.00 Price Target at Morgan Stanley

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price target lifted by research analysts at Morgan Stanley from $54.00 to $57.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price target indicates a potential upside of 36.67% from the stock’s previous close.

Other analysts have also issued research reports about the company. Royal Bank Of Canada lifted their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. TD Cowen lifted their price objective on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, May 13th. The Goldman Sachs Group boosted their price target on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a report on Tuesday, February 17th. Finally, Mizuho boosted their price target on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average price target of $46.90.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI traded up $0.50 during trading hours on Wednesday, hitting $41.71. The stock had a trading volume of 264,508 shares, compared to its average volume of 980,490. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10. HA Sustainable Infrastructure Capital has a 12 month low of $24.28 and a 12 month high of $44.13. The firm has a market capitalization of $5.36 billion, a PE ratio of 119.33, a PEG ratio of 1.20 and a beta of 1.47. The stock has a fifty day moving average price of $39.37 and a 200 day moving average price of $36.11.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.The company had revenue of $124.23 million during the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Analysts anticipate that HA Sustainable Infrastructure Capital will post 2.7 EPS for the current year.

Institutional Trading of HA Sustainable Infrastructure Capital

Hedge funds have recently bought and sold shares of the stock. iSAM Funds UK Ltd bought a new stake in HA Sustainable Infrastructure Capital during the third quarter valued at about $27,000. Triumph Capital Management purchased a new position in shares of HA Sustainable Infrastructure Capital in the fourth quarter valued at about $29,000. Hantz Financial Services Inc. lifted its position in shares of HA Sustainable Infrastructure Capital by 630.9% in the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 1,142 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of HA Sustainable Infrastructure Capital by 101.8% in 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 acquiring an additional 977 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. Institutional investors own 96.14% of the company’s stock.

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.