Q1 Earnings Estimate for TSE:PIF Issued By Clarus Securities

Polaris Renewable Energy Inc. (TSE:PIF) – Research analysts at Clarus Securities cut their Q1 2026 earnings per share estimates for Polaris Renewable Energy in a research report issued to clients and investors on Thursday, February 26th. Clarus Securities analyst S. Kammermayer now anticipates that the company will post earnings per share of $0.04 for the quarter, down from their previous forecast of $0.11. 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 Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.04 EPS, Q3 2027 earnings at $0.19 EPS, Q4 2027 earnings at $0.19 EPS and FY2027 earnings at $0.70 EPS.

PIF has been the topic of a number of other reports. National Bank Financial raised their price target on 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 cut their target price on Polaris Renewable Energy from C$20.00 to C$18.25 and set an “outperform” rating for the company in a research report on Friday, February 20th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Polaris Renewable Energy presently has a consensus rating of “Buy” and a consensus price target of C$19.63.

Polaris Renewable Energy Stock Down 1.7%

Shares of PIF stock opened at C$11.99 on Friday. The company has a debt-to-equity ratio of 57.48, a current ratio of 1.82 and a quick ratio of 1.64. Polaris Renewable Energy has a one year low of C$10.70 and a one year high of C$14.20. The company’s fifty day moving average price is C$12.21 and its 200-day moving average price is C$12.60. The company has a market capitalization of C$251.60 million, a price-to-earnings ratio of -22.20, a PEG ratio of 3.28 and a beta of 0.60.

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

Polaris Renewable Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 27th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Tuesday, February 17th. Polaris Renewable Energy’s dividend payout ratio is -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.