TSE:PIF FY2026 EPS Forecast Decreased by Clarus Securities

Polaris Renewable Energy Inc. (TSE:PIF) – Equities research analysts at Clarus Securities decreased their FY2026 EPS estimates for Polaris Renewable Energy in a research note issued on Thursday, February 26th. Clarus Securities analyst S. Kammermayer now expects that the company will post earnings per share of $0.19 for the year, down from their prior estimate of $0.32. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. Clarus Securities also issued estimates for Polaris Renewable Energy’s Q1 2027 earnings at $0.07 EPS.

PIF has been the subject of several other research reports. National Bank Financial increased their target price on shares of Polaris Renewable Energy from C$20.00 to C$21.00 and gave the company an “outperform” rating in a report on Wednesday, January 7th. Raymond James Financial dropped their target price on shares of Polaris Renewable Energy from C$20.00 to C$18.25 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$19.63.

Polaris Renewable Energy Trading Down 1.7%

TSE PIF opened at C$11.99 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. The business has a fifty day simple moving average of C$12.21 and a 200 day simple moving average of C$12.61. Polaris Renewable Energy has a 12 month low of C$10.70 and a 12 month high of C$14.20. The firm has a market capitalization of C$251.60 million, a P/E ratio of -22.20, a PEG ratio of 3.28 and a beta of 0.60.

Polaris Renewable Energy (TSE:PIF) last released its quarterly earnings results on Thursday, February 19th. The company reported C$0.39 earnings per share (EPS) for the quarter. Polaris Renewable Energy had a return on equity of 2.68% and a net margin of 9.49%.The business had revenue of C$25.57 million during the quarter.

Polaris Renewable Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 27th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. Polaris Renewable Energy’s dividend payout ratio (DPR) is presently -111.11%.

Polaris Renewable Energy Company Profile

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.