Hannon Armstrong Sustainable Infrastructure Capital (HASI) to Release Quarterly Earnings on Tuesday

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) will post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Hannon Armstrong Sustainable Infrastructure Capital to post earnings of $0.50 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $25.98 on Friday. Hannon Armstrong Sustainable Infrastructure Capital has a 12 month low of $13.22 and a 12 month high of $29.88. The company has a current ratio of 19.42, a quick ratio of 19.42 and a debt-to-equity ratio of 1.98. The stock has a market capitalization of $2.96 billion, a P/E ratio of 19.39, a PEG ratio of 0.96 and a beta of 1.88. The firm’s 50 day moving average is $25.93 and its 200 day moving average is $24.52.

Hannon Armstrong Sustainable Infrastructure Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 5th were paid a $0.415 dividend. The ex-dividend date of this dividend was Thursday, April 4th. This is a boost from Hannon Armstrong Sustainable Infrastructure Capital’s previous quarterly dividend of $0.40. This represents a $1.66 annualized dividend and a yield of 6.39%. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio is currently 123.88%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HASI. StockNews.com raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a report on Wednesday. B. Riley increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $41.00 to $44.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Morgan Stanley increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $23.00 to $30.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. TheStreet raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “d+” rating to a “c” rating in a report on Thursday, February 15th. Finally, The Goldman Sachs Group increased their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has a consensus rating of “Moderate Buy” and an average target price of $32.22.

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.