Q4 Earnings Forecast for TSE:PIF Issued By Clarus Securities

Polaris Renewable Energy Inc. (TSE:PIF) – Equities research analysts at Clarus Securities issued their Q4 2026 earnings per share estimates for shares of Polaris Renewable Energy in a research report issued on Friday, November 6th. Clarus Securities analyst S. Kammermayer anticipates that the company will earn $0.01 per share for the quarter. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. Clarus Securities also issued estimates for Polaris Renewable Energy’s Q1 2027 earnings at $0.07 EPS.

Polaris Renewable Energy Stock Performance

Shares of PIF opened at C$13.82 on Monday. The stock has a 50 day moving average price of C$13.78 and a 200 day moving average price of C$13.57. The company has a quick ratio of 1.64, a current ratio of 4.75 and a debt-to-equity ratio of 93.21. The company has a market capitalization of C$288.77 million, a price-to-earnings ratio of 72.74, a price-to-earnings-growth ratio of 3.28 and a beta of 0.53. Polaris Renewable Energy has a 52-week low of C$11.55 and a 52-week high of C$16.08.

Polaris Renewable Energy (TSE:PIF) last issued its earnings results on Thursday, November 5th. The company reported C($0.48) earnings per share for the quarter. The business had revenue of C$27.06 million for the quarter. Polaris Renewable Energy had a return on equity of 1.73% and a net margin of 5.34%. During the same quarter in the previous year, the business earned ($0.02) earnings per share.

Polaris Renewable Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. Polaris Renewable Energy’s dividend payout ratio (DPR) is presently 315.79%.

Insiders Place Their Bets

In other news, Director Marc Murnaghan sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of C$13.74, for a total transaction of C$137,400.00. Following the completion of the sale, the director owned 504,524 shares in the company, valued at approximately C$6,932,159.76. The trade was a 1.94% decrease in their position. Insiders own 2.94% of the company’s stock.

Key Stories Impacting Polaris Renewable Energy

Here are the key news stories impacting Polaris Renewable Energy this week:

• Positive Sentiment: Clarus Securities increased its FY2027 EPS estimate to $0.14 from $0.07 and FY2028 EPS to $0.42 from $0.36. It also raised estimates for several 2027–2028 quarters, including Q3 2028 to $0.24 from $0.21. The revisions suggest improved expectations for later-year earnings. Polaris Renewable Energy coverage
• Positive Sentiment: The company declared a quarterly dividend of $0.15 per share, equivalent to an annualized $0.60 and a reported yield of 4.3%, which may appeal to income-focused investors.
• Neutral Sentiment: Clarus’s Q2 2028 estimate improved slightly, to a loss of $0.03 per share from a projected loss of $0.04.
• Negative Sentiment: Clarus cut its FY2026 EPS estimate to a loss of $0.56 from a loss of $0.08, a substantial deterioration that offsets some of its later-year upgrades.
• Negative Sentiment: Director Marc Murnaghan sold 10,000 shares for C$137,400, reducing his position by 1.94%. He retained 504,524 shares after the transaction, but insider selling can still be viewed cautiously. Director share sale
• Negative Sentiment: The stated dividend payout ratio is 315.79%, raising questions about how comfortably the dividend is supported by earnings.

About Polaris Renewable Energy

Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company’s operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).