Raymond James Financial Weighs in on TSE:PIF Q1 Earnings

Polaris Renewable Energy Inc. (TSE:PIF) – Stock analysts at Raymond James Financial issued their Q1 2026 earnings per share (EPS) estimates for shares of Polaris Renewable Energy in a research note issued to investors on Thursday, October 30th. Raymond James Financial analyst D. Magder anticipates that the company will earn ($0.01) per share for the quarter. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. Raymond James Financial also issued estimates for Polaris Renewable Energy’s Q4 2026 earnings at $0.27 EPS.

Separately, Cormark cut shares of Polaris Renewable Energy from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and an average price target of C$23.50.

Polaris Renewable Energy Stock Up 0.1%

PIF stock opened at C$13.02 on Monday. 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 has a twelve month low of C$10.70 and a twelve month high of C$14.20. The company’s 50 day moving average is C$13.45 and its two-hundred day moving average is C$12.52. The stock has a market cap of C$273.21 million, a P/E ratio of -26.04, a PEG ratio of 3.28 and a beta of 0.47.

Polaris Renewable Energy Announces Dividend

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