HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have received an average rating of “Moderate Buy” from the twelve analysts that are presently covering the company, 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 1-year target price among analysts that have issued ratings on the stock in the last year is $43.2222.

Several equities research analysts have recently issued reports on HASI shares. Weiss Ratings restated a “hold (c+)” rating on shares of HA Sustainable Infrastructure Capital in a report on Monday, December 29th. Oppenheimer reiterated an “outperform” rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, December 16th. TD Cowen increased their target price on HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Mizuho lifted their price target on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. Finally, UBS Group upped their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, March 2nd.

Insider Activity

In other news, Director Jeffrey Eckel sold 134,398 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the sale, the director directly owned 9,050 shares of the company’s stock, valued at $355,031.50. The trade was a 93.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is owned by corporate insiders.

Institutional Trading of HA Sustainable Infrastructure Capital

Institutional investors and hedge funds have recently made changes to their positions in the company. Alliancebernstein L.P. boosted its holdings in HA Sustainable Infrastructure Capital by 1,015.5% in the second quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after acquiring an additional 3,965,832 shares during the last quarter. Norges Bank acquired a new stake in HA Sustainable Infrastructure Capital during the fourth quarter worth about $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in HA Sustainable Infrastructure Capital by 1,285.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,903,532 shares of the real estate investment trust’s stock worth $58,438,000 after acquiring an additional 1,766,093 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of HA Sustainable Infrastructure Capital by 140.4% in the 4th quarter. Schroder Investment Management Group now owns 2,248,200 shares of the real estate investment trust’s stock worth $70,661,000 after purchasing an additional 1,313,105 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its stake in shares of HA Sustainable Infrastructure Capital by 24.1% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,604,443 shares of the real estate investment trust’s stock valued at $207,578,000 after purchasing an additional 1,282,466 shares in the last quarter. 96.14% of the stock is currently owned by institutional investors and hedge funds.

HA Sustainable Infrastructure Capital Price Performance

HA Sustainable Infrastructure Capital stock opened at $37.62 on Thursday. The stock has a market capitalization of $4.83 billion, a P/E ratio of 27.66, a P/E/G ratio of 1.18 and a beta of 1.41. HA Sustainable Infrastructure Capital has a 12-month low of $21.98 and a 12-month high of $40.01. The company has a debt-to-equity ratio of 1.94, a current ratio of 9.20 and a quick ratio of 9.20. The firm’s 50-day moving average is $36.30 and its two-hundred day moving average is $33.21.

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

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently declared 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 is a boost from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, April 2nd. This represents a $1.70 dividend on an annualized basis and a dividend yield of 4.5%. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 123.53%.

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.