TSE:PIF Polaris Renewable Energy (PIF) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free PIF Stock Alerts C$11.67 +0.19 (+1.66%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$11.51▼C$11.7550-Day RangeC$11.18▼C$13.8052-Week RangeC$11.08▼C$15.77Volume52,948 shsAverage Volume57,142 shsMarket CapitalizationC$246.00 millionP/E Ratio15.36Dividend Yield6.94%Price TargetC$28.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Polaris Renewable Energy alerts: Email Address Polaris Renewable Energy MarketRank™ Stock AnalysisAnalyst RatingStrong Buy4.00 Rating ScoreUpside/Downside142.1% UpsideC$28.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$22,390 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.97 out of 5 stars 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of C$28.25, Polaris Renewable Energy has a forecasted upside of 142.1% from its current price of C$11.67.Amount of Analyst CoveragePolaris Renewable Energy has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PIF. Previous Next 1.7 Dividend Strength Dividend LeadershipPolaris Renewable Energy is a leading dividend payer. It pays a dividend yield of 7.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPolaris Renewable Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Polaris Renewable Energy is 106.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PIF. Previous Next 3.0 News and Social Media Coverage News SentimentPolaris Renewable Energy has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Polaris Renewable Energy this week, compared to 0 articles on an average week.Search InterestOnly 18 people have searched for PIF on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Polaris Renewable Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Polaris Renewable Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$22,390.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 3.06% of the stock of Polaris Renewable Energy is held by insiders.Percentage Held by InstitutionsOnly 22.22% of the stock of Polaris Renewable Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Polaris Renewable Energy is 15.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Polaris Renewable Energy is 15.36, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 74.17.Price to Earnings Growth RatioPolaris Renewable Energy has a PEG Ratio of 3.28. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPolaris Renewable Energy has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTop Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.Just click here for instant access to the #1 Coin for 2024. About Polaris Renewable Energy Stock (TSE:PIF)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. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is headquartered in Toronto, Canada.Read More PIF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PIF Stock News HeadlinesMarch 20, 2024 | insidertrades.comInsider Buying: Polaris Renewable Energy Inc. (TSE:PIF) Director Buys 2,000 Shares of StockMarch 29, 2024 | americanbankingnews.comPolaris Renewable Energy (TSE:PIF) Stock Passes Below 50-Day Moving Average of $12.18March 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!February 19, 2024 | ca.finance.yahoo.comWe Like These Underlying Return On Capital Trends At Seacera Group Berhad (KLSE:SEACERA)February 19, 2024 | uk.finance.yahoo.comEasyjet founder calls for budget airline to list in the USFebruary 19, 2024 | ca.finance.yahoo.comDo Environmental Group's (ASX:EGL) Earnings Warrant Your Attention?February 18, 2024 | finance.yahoo.comIs Polaris Renewable Energy Inc. (TSE:PIF) Potentially Undervalued?January 22, 2024 | finance.yahoo.comThe past three years for Polaris Renewable Energy (TSE:PIF) investors has not been profitableMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!November 15, 2023 | theglobeandmail.comPolaris Renewable Energy: Top 10 Undervalued Utilities - Independent Power Producers Industry Stocks (PIF)November 7, 2023 | finance.yahoo.comPolaris Renewable Energy (TSE:PIF) Could Be Struggling To Allocate CapitalNovember 2, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q3 2023 ResultsOctober 31, 2023 | morningstar.comPolaris Renewable Energy Inc PIFOctober 10, 2023 | finance.yahoo.comIs There An Opportunity With Polaris Renewable Energy Inc.'s (TSE:PIF) 42% Undervaluation?September 10, 2023 | uk.finance.yahoo.comShould You Investigate Polaris Renewable Energy Inc. (TSE:PIF) At CA$15.16?August 21, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Normal Course Issuer BidAugust 3, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Declares Quarterly DividendAugust 3, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q2 2023 ResultsAugust 3, 2023 | finance.yahoo.comPolaris Renewable Energy Announces Q2 2023 ResultsJuly 28, 2023 | msn.comPolaris Renewable Energy: Intriguing Planet-Friendly Dividend GrowerJune 23, 2023 | ca.finance.yahoo.comWhy Canadians Should Keep an Eye on These Renewable Energy StocksMay 24, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Signing of 25 MW Power Purchase Agreement for Solar Project Canoa IIMay 5, 2023 | msn.comPolaris Renewable Energy GAAP EPS of $0.22, revenue of $20.1MMay 4, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q1 2023 ResultsMay 4, 2023 | finance.yahoo.comPolaris Renewable Energy Announces Q1 2023 ResultsApril 19, 2023 | msn.com4 Renewable Energy Stocks That Could Put You in the GreenMarch 29, 2023 | finance.yahoo.comWhen Should You Buy Polaris Renewable Energy Inc. (TSE:PIF)?See More Headlines Receive PIF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Polaris Renewable Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/23 Dividend2/09/2024Last Earnings2/22/2024Dividend Payable2/23/2024Today3/29/2024Next Earnings (Estimated)5/02/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorUtilities Industry Utilities - Renewable Sub-IndustryN/A Current SymbolTSE:PIF CUSIPN/A CIKN/A Webwww.polarisinfrastructure.com Phone416-849-2587FaxN/AEmployees235Year FoundedN/APrice Target and Rating Average Stock Price TargetC$28.25 High Stock Price TargetC$35.00 Low Stock Price TargetC$21.50 Potential Upside/Downside+142.1%Consensus RatingStrong Buy Rating Score (0-4)4.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.75 Trailing P/E Ratio15.56 Forward P/E Ratio20.31 P/E Growth3.28Net IncomeC$11.74 million Net Margins14.96% Pretax MarginN/A Return on Equity4.37% Return on Assets3.32% Debt Debt-to-Equity Ratio64.88 Current Ratio1.72 Quick Ratio1.64 Sales & Book Value Annual SalesC$78.52 million Price / Sales3.13 Cash FlowC$1.40 per share Price / Cash Flow8.31 Book ValueC$12.79 per share Price / Book0.91Miscellaneous Outstanding Shares21,080,000Free FloatN/AMarket CapC$246.00 million OptionableNot Optionable Beta0.89 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Marc Murnaghan (Age 52)CEO & Director Comp: $894.49kMr. Anthony Jelic CPACGA, Chief Financial OfficerMr. Alexis Guillermo OsornoSenior Vice President of Latin AmericaMs. Alba SeisdedosVice President of Taxation & Legal AffairsMr. Guzman FernandezVice President of Corporate DevelopmentMr. Michael KosianicExecutive Vice President of Project FinanceMs. Denise ParadaVice President of Sustainability & TransformationMore ExecutivesKey CompetitorsTidewater RenewablesTSE:LCFSAltius Renewable RoyaltiesTSE:ARRSpark Power GroupTSE:SPGGreen Impact PartnersCVE:GIPJust Energy GroupTSE:JEView All CompetitorsInsidersMarc MurnaghanBought 2,000 shares on 3/18/2024Total: C$22,390.40 ($11.20/share)Anthony Nenard JelicBought 125 shares on 12/11/2023Total: C$1,578.75 ($12.63/share)Anthony Nenard JelicSold 60,000 sharesTotal: C$785,616.00 ($13.09/share)View All Insider Transactions PIF Stock Analysis - Frequently Asked Questions Should I buy or sell Polaris Renewable Energy stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Polaris Renewable Energy in the last twelve months. There are currently 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" PIF shares. View PIF analyst ratings or view top-rated stocks. What is Polaris Renewable Energy's stock price target for 2024? 1 analysts have issued 1-year price targets for Polaris Renewable Energy's stock. Their PIF share price targets range from C$21.50 to C$35.00. On average, they expect the company's share price to reach C$28.25 in the next twelve months. This suggests a possible upside of 142.1% from the stock's current price. View analysts price targets for PIF or view top-rated stocks among Wall Street analysts. How have PIF shares performed in 2024? Polaris Renewable Energy's stock was trading at C$13.23 at the start of the year. Since then, PIF stock has decreased by 11.8% and is now trading at C$11.67. View the best growth stocks for 2024 here. When is Polaris Renewable Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our PIF earnings forecast. How were Polaris Renewable Energy's earnings last quarter? Polaris Renewable Energy Inc. (TSE:PIF) posted its quarterly earnings data on Thursday, February, 22nd. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.03. The company had revenue of $25.53 million for the quarter, compared to analysts' expectations of $27.11 million. Polaris Renewable Energy had a net margin of 14.96% and a trailing twelve-month return on equity of 4.37%. How often does Polaris Renewable Energy pay dividends? What is the dividend yield for Polaris Renewable Energy? Polaris Renewable Energy announced a quarterly dividend on Monday, February 5th. Shareholders of record on Monday, February 12th will be paid a dividend of 0.15 per share on Friday, February 23rd. This represents a $0.60 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Friday, February 9th. Read our dividend analysis for PIF. Is Polaris Renewable Energy a good dividend stock? Polaris Renewable Energy (TSE:PIF) pays an annual dividend of C$0.81 per share and currently has a dividend yield of 7.05%. PIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 106.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for PIF. What other stocks do shareholders of Polaris Renewable Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Polaris Renewable Energy investors own include Dream Global REIT (DRG.UN), American Hotel Income Properties REIT (HOT.UN), Pembina Pipeline (PPL), AltaGas (ALA), Enbridge (ENB), Brookfield Property Partners (BPY.UN), Medical Facilities (DR), NFI Group (NFI), Aurora Cannabis (ACB) and Automotive Properties Real Est Invt TR (APR.UN). How do I buy shares of Polaris Renewable Energy? Shares of PIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:PIF) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Polaris Renewable Energy Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.