HA Sustainable Infrastructure Capital, Inc. (HASI) to Issue Quarterly Dividend of $0.42 on July 10th

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Thursday, July 2nd will be given a dividend of 0.425 per share by the real estate investment trust on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Thursday, July 2nd.

HA Sustainable Infrastructure Capital has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. HA Sustainable Infrastructure Capital has a payout ratio of 58.2% meaning its dividend is sufficiently covered by earnings. Analysts expect HA Sustainable Infrastructure Capital to earn $3.03 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 56.1%.

HA Sustainable Infrastructure Capital Stock Down 1.4%

HASI stock opened at $39.03 on Tuesday. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 12.10. The stock has a market capitalization of $5.01 billion, a P/E ratio of 111.52, a P/E/G ratio of 1.17 and a beta of 1.43. HA Sustainable Infrastructure Capital has a fifty-two week low of $24.38 and a fifty-two week high of $44.13. The business has a 50-day moving average of $40.18 and a 200-day moving average of $37.12.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.The business had revenue of $124.23 million for the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, sell-side analysts anticipate that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of hedge funds and other institutional investors have recently modified their holdings of HASI. Cetera Investment Advisers grew its stake in shares of HA Sustainable Infrastructure Capital by 0.9% in the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock worth $974,000 after purchasing an additional 266 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in HA Sustainable Infrastructure Capital by 1.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock valued at $1,071,000 after purchasing an additional 300 shares during the last quarter. Smartleaf Asset Management LLC raised its position in HA Sustainable Infrastructure Capital by 14.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 336 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in HA Sustainable Infrastructure Capital by 1.7% in the 1st quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock worth $727,000 after buying an additional 336 shares during the period. Finally, Pekin Hardy Strauss Inc. grew its position in shares of HA Sustainable Infrastructure Capital by 5.0% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock worth $230,000 after buying an additional 345 shares during the last quarter. Hedge funds and other institutional investors own 96.14% of the company’s stock.

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.