HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have earned a consensus rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $45.00.

A number of equities research analysts have issued reports on the stock. Morgan Stanley lifted their target price on shares of HA Sustainable Infrastructure Capital from $47.00 to $54.00 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. The Goldman Sachs Group lifted their target price on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Citigroup lifted their target price on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company raised their price target on shares of HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Finally, UBS Group raised their price target on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a report on Monday, March 2nd.

HA Sustainable Infrastructure Capital Stock Performance

HASI stock opened at $42.55 on Monday. 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 $5.46 billion, a P/E ratio of 31.28, a P/E/G ratio of 1.36 and a beta of 1.47. The firm has a 50 day simple moving average of $37.87 and a 200 day simple moving average of $34.71. HA Sustainable Infrastructure Capital has a 52 week low of $24.28 and a 52 week high of $42.98.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.67. The company had revenue of $114.81 million during the quarter, compared to analyst estimates 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. Research analysts anticipate that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd were issued a dividend of $0.425 per share. The ex-dividend date was Thursday, April 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.0%. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s 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 transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. raised its position in shares of HA Sustainable Infrastructure Capital by 18.6% in the third quarter. JPMorgan Chase & Co. now owns 2,060,698 shares of the real estate investment trust’s stock valued at $63,263,000 after purchasing an additional 323,361 shares during the period. Farther Finance Advisors LLC raised its holdings in HA Sustainable Infrastructure Capital by 4,646.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 42,007 shares of the real estate investment trust’s stock worth $1,290,000 after acquiring an additional 41,122 shares during the period. EDENTREE ASSET MANAGEMENT Ltd raised its holdings in HA Sustainable Infrastructure Capital by 586.6% in the 3rd quarter. EDENTREE ASSET MANAGEMENT Ltd now owns 217,380 shares of the real estate investment trust’s stock worth $6,674,000 after acquiring an additional 185,718 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in HA Sustainable Infrastructure Capital by 306.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 433,551 shares of the real estate investment trust’s stock worth $13,310,000 after acquiring an additional 326,810 shares during the period. Finally, Intech Investment Management LLC raised its holdings in HA Sustainable Infrastructure Capital by 117.6% in the 3rd quarter. Intech Investment Management LLC now owns 139,820 shares of the real estate investment trust’s stock worth $4,292,000 after acquiring an additional 75,571 shares during the period. Institutional investors own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Company Profile

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.