Mizuho Forecasts Strong Price Appreciation for HA Sustainable Infrastructure Capital (NYSE:HASI) Stock

HA Sustainable Infrastructure Capital (NYSE:HASI) had its price target upped by equities research analysts at Mizuho from $34.00 to $41.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s target price points to a potential upside of 12.45% from the company’s current price.

A number of other equities analysts also recently issued reports on the stock. TD Cowen increased their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. Royal Bank Of Canada restated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, December 17th. Oppenheimer reaffirmed an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, December 16th. Finally, UBS Group boosted their target price on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $43.22.

HA Sustainable Infrastructure Capital Price Performance

HASI opened at $36.46 on Wednesday. The company has a market capitalization of $4.67 billion, a price-to-earnings ratio of 26.81, a PEG ratio of 1.28 and a beta of 1.44. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 1.94. HA Sustainable Infrastructure Capital has a 12-month low of $21.98 and a 12-month high of $40.01. The business’s fifty day simple moving average is $35.09 and its 200-day simple moving average is $32.08.

HA Sustainable Infrastructure Capital (NYSE:HASI) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.67. The company had revenue of $114.81 million during the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities research analysts anticipate that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current fiscal year.

Insider Buying and Selling

In other HA Sustainable Infrastructure Capital news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total value of $5,272,433.54. Following the completion of the sale, the director directly owned 9,050 shares in the company, valued at approximately $355,031.50. This trade represents a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of HA Sustainable Infrastructure Capital by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust’s stock valued at $441,610,000 after purchasing an additional 61,189 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of HA Sustainable Infrastructure Capital by 24.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock worth $207,578,000 after buying an additional 1,282,466 shares during the last quarter. State Street Corp lifted its stake in shares of HA Sustainable Infrastructure Capital by 2.0% during the fourth quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust’s stock worth $172,499,000 after buying an additional 108,376 shares during the period. Alliancebernstein L.P. grew its holdings in shares of HA Sustainable Infrastructure Capital by 1.2% during the third quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust’s stock valued at $135,282,000 after buying an additional 50,212 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of HA Sustainable Infrastructure Capital by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust’s stock valued at $92,572,000 after acquiring an additional 54,898 shares during the period. Institutional investors and hedge funds own 96.14% of the company’s stock.

About HA Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.