Brokerages Set HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) PT at $43.22

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been given a consensus recommendation of “Moderate Buy” by the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $43.2222.

Several equities analysts have commented on HASI shares. Wells Fargo & Company increased their price target on shares of HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. TD Cowen boosted their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. UBS Group increased their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Finally, Morgan Stanley boosted their price target on shares of HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd.

Insider Buying and Selling at HA Sustainable Infrastructure Capital

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

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HASI. iSAM Funds UK Ltd acquired a new stake in shares of HA Sustainable Infrastructure Capital in the third quarter valued at approximately $27,000. Salomon & Ludwin LLC purchased a new position in shares of HA Sustainable Infrastructure Capital during the third quarter worth approximately $27,000. Triumph Capital Management acquired a new position in shares of HA Sustainable Infrastructure Capital in the 4th quarter valued at $29,000. Hantz Financial Services Inc. raised 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 purchasing an additional 1,142 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in HA Sustainable Infrastructure Capital by 101.8% in 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 purchasing an additional 977 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Down 1.1%

NYSE:HASI opened at $35.72 on Friday. The stock has a 50-day simple moving average of $35.47 and a 200-day simple moving average of $32.36. The stock has a market cap of $4.58 billion, a P/E ratio of 26.26, a P/E/G ratio of 1.16 and a beta of 1.44. HA Sustainable Infrastructure Capital has a 1 year low of $21.98 and a 1 year high of $40.01. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting analysts’ consensus estimates of $0.67. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.The business had revenue of $114.81 million for the quarter, compared to the consensus estimate of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, analysts anticipate that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 2nd. HA Sustainable Infrastructure Capital’s payout ratio is presently 123.53%.

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.