Morgan Stanley Forecasts Strong Price Appreciation for HA Sustainable Infrastructure Capital (NYSE:HASI) Stock

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price target lifted by stock analysts at Morgan Stanley from $44.00 to $47.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price objective points to a potential upside of 40.24% from the stock’s current price.

Other research analysts also recently issued reports about the company. Jefferies Financial Group increased their target price on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. UBS Group increased their price objective 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. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, November 24th. JPMorgan Chase & Co. upped their target price on shares of HA Sustainable Infrastructure Capital from $42.00 to $45.00 and gave the company an “overweight” rating in a research report on Friday, September 19th. Finally, Wall Street Zen upgraded HA Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, HA Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and a consensus price target of $39.11.

HA Sustainable Infrastructure Capital Price Performance

Shares of HA Sustainable Infrastructure Capital stock traded down $0.57 during trading on Tuesday, reaching $33.51. 406,940 shares of the stock traded hands, compared to its average volume of 1,247,846. HA Sustainable Infrastructure Capital has a 52-week low of $21.98 and a 52-week high of $34.53. The company has a debt-to-equity ratio of 1.82, a current ratio of 10.81 and a quick ratio of 10.81. The business has a fifty day simple moving average of $30.82 and a two-hundred day simple moving average of $28.32. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 21.64, a P/E/G ratio of 1.05 and a beta of 1.63.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. The company had revenue of ($37.39) million during the quarter, compared to analyst estimates of $27.97 million. HA Sustainable Infrastructure Capital had a return on equity of 10.85% and a net margin of 56.17%.HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Sell-side analysts expect that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current year.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Several large investors have recently added to or reduced their stakes in HASI. iSAM Funds UK Ltd bought a new stake in shares of HA Sustainable Infrastructure Capital during the third quarter valued at approximately $27,000. Salomon & Ludwin LLC purchased a new position in HA Sustainable Infrastructure Capital during the 3rd quarter worth $27,000. Zions Bancorporation National Association UT bought a new stake in HA Sustainable Infrastructure Capital during the 1st quarter valued at $29,000. Legend Financial Advisors Inc. purchased a new stake in shares of HA Sustainable Infrastructure Capital in the 2nd quarter worth $27,000. Finally, Hantz Financial Services Inc. grew its position in shares of HA Sustainable Infrastructure Capital by 630.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 1,142 shares in the last quarter. 96.14% of the stock is owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.