HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $46.00

HA Sustainable Infrastructure Capital (NYSE:HASI) had its target price increased by research analysts at Wells Fargo & Company from $44.00 to $46.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price would indicate a potential upside of 12.33% from the company’s previous close.

A number of other research analysts have also weighed in on the company. Royal Bank Of Canada raised their price objective on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday. The Goldman Sachs Group raised 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 report on Tuesday, February 17th. Mizuho boosted their target price on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. boosted their price objective on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, UBS Group raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Friday. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.60.

HA Sustainable Infrastructure Capital Trading Down 0.2%

Shares of HASI opened at $40.95 on Tuesday. The firm has a market cap of $5.26 billion, a P/E ratio of 117.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.47. The company has a debt-to-equity ratio of 2.12, a current ratio of 12.10 and a quick ratio of 9.20. HA Sustainable Infrastructure Capital has a 1 year low of $24.28 and a 1 year high of $44.13. The company has a 50 day simple moving average of $38.37 and a two-hundred day simple moving average of $35.16.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. The firm had revenue of $124.23 million for the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities analysts expect that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

Insider Activity at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was 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 of the company’s stock, valued at approximately $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.20% of the company’s stock.

Institutional Trading of HA Sustainable Infrastructure Capital

A number of hedge funds and other institutional investors have recently bought and sold shares of HASI. Cetera Investment Advisers boosted its stake in shares of HA Sustainable Infrastructure Capital by 0.9% during the fourth quarter. Cetera Investment Advisers now owns 30,998 shares of the real estate investment trust’s stock valued at $974,000 after purchasing an additional 266 shares during the period. Oregon Public Employees Retirement Fund increased its position in shares of HA Sustainable Infrastructure Capital by 1.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 29,154 shares of the real estate investment trust’s stock worth $1,071,000 after acquiring an additional 300 shares during the period. Kestra Advisory Services LLC raised its stake in shares of HA Sustainable Infrastructure Capital by 1.7% during the first quarter. Kestra Advisory Services LLC now owns 19,788 shares of the real estate investment trust’s stock valued at $727,000 after acquiring an additional 336 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of HA Sustainable Infrastructure Capital by 14.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 336 shares during the period. Finally, Pekin Hardy Strauss Inc. grew its stake in HA Sustainable Infrastructure Capital by 5.0% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 7,310 shares of the real estate investment trust’s stock worth $230,000 after purchasing an additional 345 shares in the last quarter. Hedge funds and other 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.