HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $50.00 at Citigroup

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price objective lifted by stock analysts at Citigroup from $36.00 to $50.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Citigroup’s target price would suggest a potential upside of 23.15% from the stock’s current price.

A number of other research firms have also commented on HASI. UBS Group raised their price objective on HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Wells Fargo & Company lifted their price target on 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 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. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th. Finally, Mizuho upped their price target on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research report on Wednesday, March 4th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.00.

HA Sustainable Infrastructure Capital Stock Performance

HASI traded down $0.08 on Tuesday, reaching $40.60. The company had a trading volume of 331,174 shares, compared to its average volume of 953,960. HA Sustainable Infrastructure Capital has a fifty-two week low of $23.73 and a fifty-two week high of $41.70. The company’s fifty day moving average is $37.32 and its 200 day moving average is $34.09. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20. The stock has a market cap of $5.21 billion, a P/E ratio of 29.72, a P/E/G ratio of 1.30 and a beta of 1.41.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.67. The company had revenue of $114.81 million for the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. As a group, analysts predict that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

Insider Transactions at HA Sustainable Infrastructure Capital

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction that occurred on 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 transaction, the director owned 9,050 shares in the company, valued at approximately $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.00% of the company’s stock.

Institutional Trading of HA Sustainable Infrastructure Capital

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

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.