HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives $43.22 Consensus Target Price from Brokerages

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have been assigned a consensus rating of “Moderate Buy” from the twelve research firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $43.2222.

HASI has been the topic of a number of research analyst reports. The Goldman Sachs Group upped their target price on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 17th. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. TD Cowen upped their target price on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Finally, Oppenheimer restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th.

HA Sustainable Infrastructure Capital Price Performance

Shares of NYSE:HASI opened at $37.53 on Thursday. The company has a 50 day moving average of $36.48 and a 200 day moving average of $33.44. The stock has a market cap of $4.82 billion, a P/E ratio of 27.59, a P/E/G ratio of 1.19 and a beta of 1.41. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $40.01. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 1.94.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The company had revenue of $114.81 million during the quarter, compared to analysts’ expectations 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, sell-side analysts forecast 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 disclosed 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 is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.5%. HA Sustainable Infrastructure Capital’s dividend payout ratio is 125.00%.

Insider Buying and Selling at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the sale, the director owned 9,050 shares in the company, valued at approximately $355,031.50. This trade represents a 93.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.00% of the company’s stock.

Institutional Trading of HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently made changes to their positions in the stock. iSAM Funds UK Ltd purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 3rd quarter valued at $27,000. Salomon & Ludwin LLC bought a new stake in HA Sustainable Infrastructure Capital in the 3rd quarter worth approximately $27,000. Triumph Capital Management bought a new stake in HA Sustainable Infrastructure Capital in the 4th quarter worth approximately $29,000. Hantz Financial Services Inc. lifted 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 worth $41,000 after buying an additional 1,142 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted 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 worth $61,000 after buying an additional 977 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.