Analysts Set HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Price Target at $46.90

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has been assigned an average recommendation of “Moderate Buy” from the twelve research firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $46.90.

Several research analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on shares of HA Sustainable Infrastructure Capital from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Citigroup lifted their price objective on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. JPMorgan Chase & Co. lifted their price objective on shares of HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Finally, Wells Fargo & Company lifted their price objective on shares of HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th.

HA Sustainable Infrastructure Capital Trading Up 0.3%

HASI stock opened at $39.16 on Tuesday. The firm has a fifty day moving average price of $40.22 and a 200 day moving average price of $36.91. HA Sustainable Infrastructure Capital has a fifty-two week low of $24.38 and a fifty-two week high of $44.13. The company has a debt-to-equity ratio of 2.12, a quick ratio of 12.10 and a current ratio of 12.10. The firm has a market cap of $5.03 billion, a PE ratio of 111.89, a price-to-earnings-growth ratio of 1.15 and a beta of 1.43.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a net margin of 13.08% and a return on equity of 12.80%. The firm had revenue of $124.23 million during the quarter, compared to analyst estimates of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Sell-side analysts anticipate that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s payout ratio is presently 485.71%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in HA Sustainable Infrastructure Capital by 30.3% during the first quarter. Bank of America Corp DE now owns 1,427,415 shares of the real estate investment trust’s stock worth $52,458,000 after buying an additional 331,670 shares during the period. California State Teachers Retirement System boosted its stake in HA Sustainable Infrastructure Capital by 24.5% during the first quarter. California State Teachers Retirement System now owns 146,396 shares of the real estate investment trust’s stock worth $5,380,000 after buying an additional 28,834 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of HA Sustainable Infrastructure Capital by 3.5% during the first quarter. The Manufacturers Life Insurance Company now owns 59,526 shares of the real estate investment trust’s stock valued at $2,188,000 after purchasing an additional 1,997 shares during the period. Quantinno Capital Management LP boosted its stake in shares of HA Sustainable Infrastructure Capital by 27.9% during the first quarter. Quantinno Capital Management LP now owns 22,355 shares of the real estate investment trust’s stock valued at $822,000 after purchasing an additional 4,876 shares during the period. Finally, Gateway Wealth Partners LLC purchased a new stake in shares of HA Sustainable Infrastructure Capital during the first quarter valued at $340,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

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.