HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Announces Quarterly Dividend of $0.42

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) declared a quarterly dividend on Thursday, November 6th. Shareholders of record on Monday, December 29th will be paid a dividend of 0.42 per share by the real estate investment trust on Friday, January 9th. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, December 29th.

HA Sustainable Infrastructure Capital has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years. HA Sustainable Infrastructure Capital has a dividend payout ratio of 57.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect HA Sustainable Infrastructure Capital to earn $2.72 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 61.8%.

HA Sustainable Infrastructure Capital Stock Performance

HASI traded up $2.85 on Friday, hitting $31.40. The company’s stock had a trading volume of 1,093,430 shares, compared to its average volume of 1,240,409. The firm has a market cap of $3.90 billion, a P/E ratio of 20.27, a price-to-earnings-growth ratio of 1.05 and a beta of 1.63. HA Sustainable Infrastructure Capital has a 12 month low of $21.98 and a 12 month high of $32.29. The company has a quick ratio of 10.81, a current ratio of 10.81 and a debt-to-equity ratio of 1.82. The company’s 50 day simple moving average is $29.04 and its 200-day simple moving average is $27.37.

HA Sustainable Infrastructure Capital (NYSE:HASI) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.11. HA Sustainable Infrastructure Capital had a return on equity of 10.85% and a net margin of 56.17%.The business had revenue of ($37.39) million for the quarter, compared to analysts’ expectations of $27.97 million. HA Sustainable Infrastructure Capital has set its FY 2027 guidance at 3.150-3.150 EPS. Analysts forecast that HA Sustainable Infrastructure Capital will post 2.45 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in HASI. Osaic Holdings Inc. boosted its stake in shares of HA Sustainable Infrastructure Capital by 0.9% in the 2nd quarter. Osaic Holdings Inc. now owns 45,899 shares of the real estate investment trust’s stock valued at $1,233,000 after purchasing an additional 389 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in HA Sustainable Infrastructure Capital by 1.5% during the third quarter. Oregon Public Employees Retirement Fund now owns 27,926 shares of the real estate investment trust’s stock valued at $857,000 after buying an additional 400 shares during the period. Ameritas Investment Partners Inc. boosted its position in HA Sustainable Infrastructure Capital by 3.4% during the second quarter. Ameritas Investment Partners Inc. now owns 12,499 shares of the real estate investment trust’s stock valued at $336,000 after buying an additional 415 shares during the period. Values Added Financial LLC grew its stake in shares of HA Sustainable Infrastructure Capital by 3.1% during the second quarter. Values Added Financial LLC now owns 14,621 shares of the real estate investment trust’s stock valued at $393,000 after buying an additional 439 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in shares of HA Sustainable Infrastructure Capital by 0.5% in the third quarter. Thrivent Financial for Lutherans now owns 89,390 shares of the real estate investment trust’s stock worth $2,744,000 after buying an additional 467 shares during the period. 96.14% of the stock is owned by hedge funds and other institutional investors.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.