Polaris Renewable Energy Inc. (TSE:PIF – Free Report) – Research analysts at Cormark issued their Q2 2024 EPS estimates for shares of Polaris Renewable Energy in a report issued on Tuesday, July 23rd. Cormark analyst N. Boychuk expects that the company will post earnings per share of $0.15 for the quarter. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.70 per share. Cormark also issued estimates for Polaris Renewable Energy’s FY2025 earnings at $0.77 EPS.
Polaris Renewable Energy (TSE:PIF – Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported C$0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.18 by C$0.10. The firm had revenue of C$27.82 million during the quarter, compared to analysts’ expectations of C$28.01 million. Polaris Renewable Energy had a return on equity of 4.21% and a net margin of 14.42%.
Get Our Latest Analysis on PIF
Polaris Renewable Energy Trading Up 2.4 %
TSE:PIF opened at C$12.97 on Thursday. Polaris Renewable Energy has a 52-week low of C$11.08 and a 52-week high of C$15.77. The company has a quick ratio of 1.64, a current ratio of 1.87 and a debt-to-equity ratio of 63.65. The stock has a fifty day simple moving average of C$13.01 and a 200-day simple moving average of C$12.47. The company has a market capitalization of C$273.41 million, a PE ratio of 17.29, a price-to-earnings-growth ratio of 3.28 and a beta of 0.89.
Polaris Renewable Energy Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 10th. This represents a $0.60 dividend on an annualized basis and a yield of 4.63%. Polaris Renewable Energy’s payout ratio is 109.33%.
About Polaris Renewable Energy
Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.
Featured Stories
- Five stocks we like better than Polaris Renewable Energy
- Top Biotech Stocks: Exploring Innovation Opportunities
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- The 3 Best Fintech Stocks to Buy Now
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- How to Use the MarketBeat Stock Screener
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Polaris Renewable Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polaris Renewable Energy and related companies with MarketBeat.com's FREE daily email newsletter.