HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $41.00 at Mizuho

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price objective boosted by Mizuho from $34.00 to $41.00 in a report issued on Wednesday morning,Benzinga reports. Mizuho currently has an outperform rating on the real estate investment trust’s stock.

Several other research analysts have also commented on HASI. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Morgan Stanley raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. UBS Group lifted their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group increased their target price on shares of HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Finally, The Goldman Sachs Group raised their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 17th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $43.22.

HA Sustainable Infrastructure Capital Trading Up 2.1%

HASI opened at $37.06 on Wednesday. HA Sustainable Infrastructure Capital has a 12-month low of $21.98 and a 12-month high of $40.01. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20. The stock has a market capitalization of $4.75 billion, a PE ratio of 27.25, a P/E/G ratio of 1.26 and a beta of 1.44. The firm’s fifty day moving average price is $35.02 and its 200 day moving average price is $32.05.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, hitting the consensus estimate 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 net margin of 46.08% and a return on equity of 12.06%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, research analysts expect that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be given a $0.425 dividend. This is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, April 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio is 123.53%.

Insider Transactions at HA Sustainable Infrastructure Capital

In related news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total value of $5,272,433.54. Following the sale, the director owned 9,050 shares of the company’s stock, valued at $355,031.50. This trade represents a 93.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at approximately $27,000. iSAM Funds UK Ltd bought a new position in HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. Triumph Capital Management bought a new position in HA Sustainable Infrastructure Capital in the 4th quarter worth approximately $29,000. Hantz Financial Services Inc. increased its position in HA Sustainable Infrastructure Capital by 630.9% in the 3rd 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 during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in HA Sustainable Infrastructure Capital by 101.8% during the 4th 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. 96.14% of the stock is owned by institutional investors and hedge funds.

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.