Polaris Renewable Energy Inc. (PIF) To Go Ex-Dividend on February 17th

Polaris Renewable Energy Inc. (TSE:PIF) declared a quarterly dividend on Tuesday, February 17th, TickerTech Dividends reports. Stockholders of record on Friday, February 27th will be paid a dividend of 0.15 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Tuesday, February 17th.

Polaris Renewable Energy Price Performance

Shares of PIF stock opened at C$12.38 on Friday. The business has a fifty day simple moving average of C$12.12 and a 200 day simple moving average of C$12.63. The company has a market cap of C$259.78 million, a P/E ratio of -22.93, a P/E/G ratio of 3.28 and a beta of 0.60. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 57.48. Polaris Renewable Energy has a twelve month low of C$10.70 and a twelve month high of C$14.20.

Polaris Renewable Energy (TSE:PIF) last released its earnings results on Thursday, October 30th. The company reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$26.51 million during the quarter. Polaris Renewable Energy had a net margin of 9.49% and a return on equity of 2.68%. On average, sell-side analysts forecast that Polaris Renewable Energy will post 0.6481187 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, National Bank Financial upped their price objective 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. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Polaris Renewable Energy has an average rating of “Buy” and an average price target of C$21.00.

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.