HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Average Recommendation of “Moderate Buy” from Analysts

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has earned an average recommendation of “Moderate Buy” from the twelve analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $46.60.

HASI has been the topic of several research analyst reports. JPMorgan Chase & Co. lifted their price target on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Citigroup lifted their price target on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. UBS Group lifted their price target on HA Sustainable Infrastructure Capital from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Mizuho boosted their target price on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. Finally, Wells Fargo & Company boosted their target price on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its holdings 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. EDENTREE ASSET MANAGEMENT Ltd increased its holdings in shares of HA Sustainable Infrastructure Capital by 586.6% in the third quarter. EDENTREE ASSET MANAGEMENT Ltd now owns 217,380 shares of the real estate investment trust’s stock valued at $6,674,000 after purchasing an additional 185,718 shares during the period. Intech Investment Management LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 117.6% in the third quarter. Intech Investment Management LLC now owns 139,820 shares of the real estate investment trust’s stock valued at $4,292,000 after purchasing an additional 75,571 shares during the period. Public Sector Pension Investment Board boosted its stake in shares of HA Sustainable Infrastructure Capital by 21.6% in the third quarter. Public Sector Pension Investment Board now owns 501,316 shares of the real estate investment trust’s stock valued at $15,390,000 after buying an additional 89,078 shares in the last quarter. Finally, Maven Securities LTD boosted its stake in shares of HA Sustainable Infrastructure Capital by 811.1% in the third quarter. Maven Securities LTD now owns 91,107 shares of the real estate investment trust’s stock valued at $2,797,000 after buying an additional 81,107 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

HA Sustainable Infrastructure Capital Trading Up 1.5%

HASI opened at $41.20 on Friday. The firm has a market cap of $5.29 billion, a price-to-earnings ratio of 117.71, a price-to-earnings-growth ratio of 1.20 and a beta of 1.47. HA Sustainable Infrastructure Capital has a 52 week low of $24.28 and a 52 week high of $44.13. The business’s 50 day moving average is $39.37 and its two-hundred day moving average is $36.11. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly 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 company had revenue of $124.23 million for the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, research analysts predict that HA Sustainable Infrastructure Capital will post 2.7 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd will be issued a $0.425 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.1%. HA Sustainable Infrastructure Capital’s payout ratio is presently 485.71%.

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.