FY2027 Earnings Forecast for TSE:PIF Issued By Cormark

Polaris Renewable Energy Inc. (TSE:PIF) – Stock analysts at Cormark issued their FY2027 EPS estimates for shares of Polaris Renewable Energy in a research report issued on Friday, October 31st. Cormark analyst N. Boychuk expects that the company will post earnings per share of $1.79 for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share.

Polaris Renewable Energy Trading Up 0.5%

Shares of PIF stock opened at C$13.09 on Monday. The company has a 50 day moving average of C$13.45 and a 200-day moving average of C$12.53. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 57.48. Polaris Renewable Energy has a 12-month low of C$10.70 and a 12-month high of C$14.20. The firm has a market cap of C$274.68 million, a P/E ratio of -26.18, a PEG ratio of 3.28 and a beta of 0.47.

Polaris Renewable Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, August 22nd were paid a dividend of $0.15 per share. The ex-dividend date was Monday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.6%. Polaris Renewable Energy’s dividend payout ratio (DPR) is presently -120.00%.

About Polaris Renewable Energy

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.