HA Sustainable Infrastructure Capital (NYSE:HASI) Price Target Raised to $60.00

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price objective hoisted by Morgan Stanley from $57.00 to $60.00 in a research note released on Tuesday morning,Benzinga reports. Morgan Stanley currently has an overweight rating on the real estate investment trust’s stock.

A number of other brokerages have also weighed in on HASI. Wells Fargo & Company increased their price objective 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. JPMorgan Chase & Co. lifted their target price on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Royal Bank Of Canada upped their target price on HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Bank of America reiterated a “buy” rating on shares of HA Sustainable Infrastructure Capital in a report on Tuesday. Finally, UBS Group raised their price target on shares of HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, HA Sustainable Infrastructure Capital currently has an average rating of “Moderate Buy” and an average price target of $47.40.

HA Sustainable Infrastructure Capital Price Performance

Shares of HASI opened at $40.61 on Tuesday. The firm has a market capitalization of $5.22 billion, a PE ratio of 76.62, a price-to-earnings-growth ratio of 1.36 and a beta of 1.43. The company has a debt-to-equity ratio of 2.23, a current ratio of 8.89 and a quick ratio of 8.89. HA Sustainable Infrastructure Capital has a 1-year low of $27.28 and a 1-year high of $44.13. The company’s fifty day moving average price is $39.04 and its 200-day moving average price is $38.68.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.02. The firm had revenue of $120.79 million for the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%.HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. On average, equities research analysts predict that HA Sustainable Infrastructure Capital will post 2.75 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.425 per share. The ex-dividend date is Friday, October 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.2%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is presently 320.75%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in HA Sustainable Infrastructure Capital during the second quarter worth about $834,012,000. Vanguard Group Inc. lifted its holdings in HA Sustainable Infrastructure Capital by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock valued at $441,610,000 after acquiring an additional 61,189 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in HA Sustainable Infrastructure Capital by 24.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after acquiring an additional 1,282,466 shares during the period. State Street Corp boosted its position in HA Sustainable Infrastructure Capital by 2.0% in the 4th quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust’s stock worth $172,499,000 after purchasing an additional 108,376 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in HA Sustainable Infrastructure Capital by 1,015.5% in the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock worth $117,012,000 after purchasing an additional 3,965,832 shares in the last quarter. Institutional investors and hedge funds own 96.14% of the company’s stock.

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.