Analysts Set HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Target Price at $46.60

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) have been assigned a consensus rating of “Moderate Buy” from the twelve research firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $46.90.

HASI has been the topic of several recent research reports. Mizuho raised their price objective on HA Sustainable Infrastructure Capital from $34.00 to $41.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. Citigroup raised their price objective on HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company raised their price objective on HA Sustainable Infrastructure Capital from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Weiss Ratings reissued a “hold (c)” rating on shares of HA Sustainable Infrastructure Capital in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. lifted their target price on HA Sustainable Infrastructure Capital from $46.00 to $50.00 and gave the company an “overweight” rating in a research note on Monday, May 11th.

HA Sustainable Infrastructure Capital Stock Down 0.9%

NYSE HASI opened at $41.31 on Friday. The stock’s 50-day moving average price is $39.58 and its 200-day moving average price is $36.27. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. HA Sustainable Infrastructure Capital has a 52 week low of $24.28 and a 52 week high of $44.13. The company has a market capitalization of $5.30 billion, a P/E ratio of 118.01, a price-to-earnings-growth ratio of 1.23 and a beta of 1.47.

HA Sustainable Infrastructure Capital (NYSE:HASI) last posted its quarterly earnings data on Thursday, May 7th. The real estate investment trust reported $0.77 EPS for the quarter, topping the consensus estimate of $0.68 by $0.09. HA Sustainable Infrastructure Capital had a return on equity of 12.80% and a net margin of 13.08%.The firm had revenue of $124.23 million for the quarter, compared to the consensus estimate of $112.24 million. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, equities research analysts predict that HA Sustainable Infrastructure Capital will post 2.7 earnings per share for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Thursday, July 2nd will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, July 2nd. HA Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is 485.71%.

Institutional Trading of HA Sustainable Infrastructure Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in HASI. Alliancebernstein L.P. raised its stake in HA Sustainable Infrastructure Capital by 1,015.5% during the 2nd quarter. Alliancebernstein L.P. now owns 4,356,352 shares of the real estate investment trust’s stock valued at $117,012,000 after purchasing an additional 3,965,832 shares during the period. Norges Bank purchased a new position in HA Sustainable Infrastructure Capital during the 4th quarter valued at approximately $59,561,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in HA Sustainable Infrastructure Capital by 1,285.0% during the 3rd 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 valued at $58,438,000 after buying an additional 1,766,093 shares in the last quarter. Schroder Investment Management Group grew its holdings in HA Sustainable Infrastructure Capital by 140.4% during the 4th quarter. Schroder Investment Management Group now owns 2,248,200 shares of the real estate investment trust’s stock valued at $70,661,000 after buying an additional 1,313,105 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its holdings in HA Sustainable Infrastructure Capital by 24.1% during 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 buying an additional 1,282,466 shares in the last quarter. Institutional investors 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.