HA Sustainable Infrastructure Capital (NYSE:HASI) Hits New 12-Month High Following Analyst Upgrade

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)’s share price hit a new 52-week high during trading on Tuesday after TD Cowen raised their price target on the stock from $40.00 to $50.00. TD Cowen currently has a buy rating on the stock. HA Sustainable Infrastructure Capital traded as high as $39.88 and last traded at $39.6860, with a volume of 367262 shares. The stock had previously closed at $39.70.

A number of other equities research analysts have also recently issued reports on HASI. Oppenheimer reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Royal Bank Of Canada reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Morgan Stanley boosted their target price on HA Sustainable Infrastructure Capital from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Finally, Jefferies Financial Group increased their price target on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, HA Sustainable Infrastructure Capital currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.25.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds have recently modified their holdings of the business. Salomon & Ludwin LLC bought a new position in HA Sustainable Infrastructure Capital during the third quarter worth $27,000. iSAM Funds UK Ltd acquired a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter worth $27,000. Triumph Capital Management bought a new position in shares of HA Sustainable Infrastructure Capital during the 4th quarter worth about $29,000. Hantz Financial Services Inc. raised its position in shares of HA Sustainable Infrastructure Capital by 630.9% during the third quarter. Hantz Financial Services Inc. now owns 1,323 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 1,142 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of HA Sustainable Infrastructure Capital by 101.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust’s stock valued at $61,000 after buying an additional 977 shares during the last quarter. 96.14% of the stock is owned by institutional investors.

HA Sustainable Infrastructure Capital Trading Up 0.3%

The firm has a market cap of $5.04 billion, a P/E ratio of 29.27, a PEG ratio of 1.37 and a beta of 1.45. The company’s 50 day moving average is $33.98 and its two-hundred day moving average is $31.14. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 11.03.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.The firm had revenue of $198.28 million during the quarter, compared to analysts’ expectations of $28.74 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, sell-side analysts predict that HA Sustainable Infrastructure Capital, Inc. will post 2.45 earnings per share for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be paid a dividend of $0.425 per share. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. This represents a $1.70 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Thursday, April 2nd. HA Sustainable Infrastructure Capital’s dividend 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.