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

Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have received a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $36.00.

A number of equities research analysts recently weighed in on the company. Morgan Stanley upped their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $30.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. The Goldman Sachs Group increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. boosted their price objective on shares of Hannon Armstrong Sustainable Infrastructure Capital from $39.00 to $42.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. StockNews.com upgraded shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $48.00 price target on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, May 16th.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 0.6 %

NYSE HASI opened at $30.94 on Friday. The company’s 50-day simple moving average is $30.98 and its two-hundred day simple moving average is $28.45. Hannon Armstrong Sustainable Infrastructure Capital has a one year low of $13.22 and a one year high of $34.00. The company has a market capitalization of $3.53 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 1.20 and a beta of 1.98. The company has a debt-to-equity ratio of 1.87, a quick ratio of 15.61 and a current ratio of 15.60.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.12. The company had revenue of $94.52 million for the quarter, compared to analyst estimates of $30.97 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 69.21% and a return on equity of 12.34%. During the same period last year, the company posted $0.53 earnings per share. Equities analysts forecast that Hannon Armstrong Sustainable Infrastructure Capital will post 2.23 EPS for the current fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, October 4th will be given a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend is Friday, October 4th. Hannon Armstrong Sustainable Infrastructure Capital’s payout ratio is 80.58%.

Institutional Trading of Hannon Armstrong Sustainable Infrastructure Capital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HASI. Macroview Investment Management LLC purchased a new position in shares of Hannon Armstrong Sustainable Infrastructure Capital in the second quarter worth about $31,000. Scarborough Advisors LLC acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 4th quarter worth approximately $40,000. Plato Investment Management Ltd acquired a new position in Hannon Armstrong Sustainable Infrastructure Capital in the 1st quarter worth approximately $49,000. Addison Advisors LLC raised its position in Hannon Armstrong Sustainable Infrastructure Capital by 56.7% during the 4th quarter. Addison Advisors LLC now owns 1,970 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 713 shares during the last quarter. Finally, ICA Group Wealth Management LLC acquired a new stake in Hannon Armstrong Sustainable Infrastructure Capital during the 4th quarter valued at approximately $60,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

About Hannon Armstrong Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.