Wall Street brokerages expect that Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) will announce $0.31 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings. The lowest EPS estimate is $0.30 and the highest is $0.33. Hannon Armstrong Sustnbl Infrstr Cap also posted earnings per share of $0.31 during the same quarter last year. The company is scheduled to announce its next earnings report on Wednesday, February 20th.

According to Zacks, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.32 to $1.35. For the next financial year, analysts anticipate that the business will report earnings of $1.38 per share, with EPS estimates ranging from $1.36 to $1.39. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow Hannon Armstrong Sustnbl Infrstr Cap.

A number of analysts have issued reports on the company. Cowen reaffirmed a “buy” rating and issued a $27.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap in a report on Friday. B. Riley set a $26.00 target price on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a report on Friday, August 3rd. Zacks Investment Research raised Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Thursday. Morgan Stanley raised their target price on Hannon Armstrong Sustnbl Infrstr Cap from $21.00 to $22.00 and gave the company an “equal weight” rating in a report on Tuesday, September 11th. Finally, TheStreet raised Hannon Armstrong Sustnbl Infrstr Cap from a “c” rating to a “b” rating in a report on Wednesday, October 31st. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $24.88.

In other news, EVP Daniel K. Mcmahon sold 20,000 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $22.84, for a total transaction of $456,800.00. Following the sale, the executive vice president now owns 287,571 shares of the company’s stock, valued at approximately $6,568,121.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel K. Mcmahon sold 6,000 shares of Hannon Armstrong Sustnbl Infrstr Cap stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $20.45, for a total value of $122,700.00. Following the sale, the executive vice president now directly owns 307,571 shares in the company, valued at approximately $6,289,826.95. The disclosure for this sale can be found here. 5.30% of the stock is currently owned by company insiders.

Large investors have recently made changes to their positions in the company. Smithfield Trust Co. acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the 2nd quarter worth approximately $110,000. Jane Street Group LLC acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the 2nd quarter worth approximately $199,000. CIBC World Markets Inc. acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the 3rd quarter worth approximately $208,000. BSW Wealth Partners acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the 2nd quarter worth approximately $213,000. Finally, Aperio Group LLC acquired a new stake in shares of Hannon Armstrong Sustnbl Infrstr Cap during the 2nd quarter worth approximately $238,000. 68.13% of the stock is currently owned by institutional investors.

HASI opened at $23.02 on Friday. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 21.92, a price-to-earnings-growth ratio of 3.15 and a beta of 0.86. The company has a current ratio of 33.99, a quick ratio of 41.26 and a debt-to-equity ratio of 2.37. Hannon Armstrong Sustnbl Infrstr Cap has a 12-month low of $17.33 and a 12-month high of $24.57.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 11th. Stockholders of record on Wednesday, October 3rd were issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 5.73%. The ex-dividend date of this dividend was Tuesday, October 2nd. Hannon Armstrong Sustnbl Infrstr Cap’s payout ratio is presently 125.71%.

Hannon Armstrong Sustnbl Infrstr Cap Company Profile

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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