TSE:PIF Polaris Renewable Energy (PIF) Stock Price, News & Analysis → Exposed: 10 CENT Crypto to Explode April 20th? (From True Market Insiders) (Ad) Free PIF Stock Alerts C$11.63 -0.08 (-0.68%) (As of 03:59 PM ET) Add Compare Share Share Today's RangeC$11.58▼C$11.8150-Day RangeC$11.18▼C$12.6952-Week RangeC$11.08▼C$15.77Volume31,513 shsAverage Volume51,280 shsMarket CapitalizationC$245.16 millionP/E Ratio15.30Dividend Yield6.96%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/Downside143.7% UpsideC$28.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.18Based on 4 Articles This WeekInsider 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.1.95 out of 5 stars 2.0 Analyst's Opinion 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 2.9 News and Social Media Coverage News SentimentPolaris Renewable Energy has a news sentiment score of 1.18. 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 0.47 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Polaris Renewable Energy this week, compared to 0 articles on an average week.Search InterestOnly 12 people have searched for PIF on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Polaris Renewable Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 15.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Polaris Renewable Energy is 15.25, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 76.87.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 True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinClick For My #1 FREE Crypto 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 HeadlinesApril 18, 2024 | americanbankingnews.comQ1 2024 Earnings Forecast for Polaris Renewable Energy Inc. (TSE:PIF) Issued By National Bank FinancialFebruary 19, 2024 | ca.finance.yahoo.comWe Like These Underlying Return On Capital Trends At Seacera Group Berhad (KLSE:SEACERA)April 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinFebruary 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 profitableNovember 15, 2023 | theglobeandmail.comPolaris Renewable Energy: Top 10 Undervalued Utilities - Independent Power Producers Industry Stocks (PIF)April 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinNovember 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)?March 27, 2023 | finance.yahoo.comPolaris Renewable Energy Inc (N4T.SG)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 Payable2/23/2024Today4/24/2024Next 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+141.9%Consensus RatingStrong Buy Rating Score (0-4)4.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.76 Trailing P/E Ratio15.37 Forward P/E Ratio20.51 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 / Sales3.14 Cash FlowC$1.41 per share Price / Cash Flow8.31 Book ValueC$12.79 per share Price / Book0.91Miscellaneous Outstanding Shares21,080,000Free FloatN/AMarket CapC$246.21 million OptionableNot Optionable Beta0.89 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Marc Murnaghan (Age 52)CEO & Director Comp: $904.95kMr. 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:SPGJust Energy GroupTSE:JEMaxim PowerTSE:MXGView 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 brokers have issued 12-month target prices for Polaris Renewable Energy's shares. Their PIF share price targets range from C$21.50 to C$35.00. On average, they expect the company's stock price to reach C$28.25 in the next twelve months. This suggests a possible upside of 143.7% 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 beginning of 2024. Since then, PIF shares have decreased by 12.4% and is now trading at C$11.59. 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) issued its earnings results on Thursday, February, 22nd. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.03. The company had revenue of $25.53 million for the quarter, compared to the consensus estimate of $27.11 million. Polaris Renewable Energy had a trailing twelve-month return on equity of 4.37% and a net margin of 14.96%. 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 given a dividend of 0.15 per share on Friday, February 23rd. This represents a $0.60 annualized dividend and a yield of 5.18%. 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 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersPentagon contract could send this $2 AI stock soaringBehind the MarketsThe #1 Crypto for 2024InvestorPlaceDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals 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. 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