FY2027 Earnings Estimate for TSE:PIF Issued By Cormark

Polaris Renewable Energy Inc. (TSE:PIF) – Research analysts at Cormark issued their FY2027 earnings estimates for shares of Polaris Renewable Energy in a note issued to investors on Friday, October 31st. Cormark analyst N. Boychuk expects that the company will post earnings per share of $1.79 for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share.

Polaris Renewable Energy Trading Up 0.1%

Shares of PIF opened at C$13.02 on Monday. The company has a market cap of C$273.21 million, a P/E ratio of -26.04, a P/E/G ratio of 3.28 and a beta of 0.47. Polaris Renewable Energy has a twelve month low of C$10.70 and a twelve month high of C$14.20. The company’s fifty day simple moving average is C$13.45 and its 200-day simple moving average is C$12.52. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 57.48.

Polaris Renewable Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 22nd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.6%. Polaris Renewable Energy’s dividend payout ratio (DPR) is -120.00%.

About Polaris Renewable Energy

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.