HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Consensus Rating of “Moderate Buy” from Analysts

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has received an average rating of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $43.2222.

A number of research analysts recently weighed in on the stock. Mizuho raised their price target on shares of HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Monday, December 29th. Royal Bank Of Canada reissued an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a report on Wednesday, December 17th. Jefferies Financial Group raised their target price on HA Sustainable Infrastructure Capital from $35.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, UBS Group lifted their price target on HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd.

HA Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $35.89 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20. The company has a fifty day moving average of $35.14 and a two-hundred day moving average of $32.17. The stock has a market capitalization of $4.60 billion, a PE ratio of 26.39, a P/E/G ratio of 1.24 and a beta of 1.44. HA Sustainable Infrastructure Capital has a fifty-two week low of $21.98 and a fifty-two week high of $40.01.

HA Sustainable Infrastructure Capital (NYSE:HASI) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. The business had revenue of $114.81 million for 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. As a group, research analysts forecast that HA Sustainable Infrastructure Capital will post 2.45 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Thursday, April 2nd. This is an increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital’s payout ratio is 125.00%.

Insider Transactions at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the stock in a transaction dated Tuesday, February 17th. The shares were 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 $355,031.50. This represents a 93.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of institutional investors and hedge funds have recently bought and sold shares of HASI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in HA Sustainable Infrastructure Capital by 6.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,956 shares of the real estate investment trust’s stock worth $2,046,000 after purchasing an additional 4,212 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of HA Sustainable Infrastructure Capital in the first quarter valued at approximately $222,000. Jane Street Group LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 49.9% in the first quarter. Jane Street Group LLC now owns 104,926 shares of the real estate investment trust’s stock valued at $3,068,000 after purchasing an additional 34,932 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of HA Sustainable Infrastructure Capital by 13.6% in the first quarter. Intech Investment Management LLC now owns 47,566 shares of the real estate investment trust’s stock valued at $1,391,000 after purchasing an additional 5,683 shares during the last quarter. Finally, Teacher Retirement System of Texas lifted its position in HA Sustainable Infrastructure Capital by 5.7% during the second quarter. Teacher Retirement System of Texas now owns 18,290 shares of the real estate investment trust’s stock worth $491,000 after buying an additional 985 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

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.