Analysts Offer Predictions for TSE:PIF Q2 Earnings

Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - Analysts at National Bank Financial lifted their Q2 2025 earnings estimates for shares of Polaris Renewable Energy in a research note issued to investors on Thursday, May 1st. National Bank Financial analyst R. Merer now forecasts that the company will post earnings per share of $0.24 for the quarter, up from their previous estimate of $0.17. The consensus estimate for Polaris Renewable Energy's current full-year earnings is $0.65 per share. National Bank Financial also issued estimates for Polaris Renewable Energy's Q4 2025 earnings at $0.13 EPS and FY2026 earnings at $0.72 EPS.

A number of other analysts have also recently issued reports on PIF. Cormark increased their price objective on Polaris Renewable Energy from C$23.50 to C$25.00 in a report on Thursday, January 30th. National Bankshares cut their price objective on shares of Polaris Renewable Energy from C$23.00 to C$22.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. Finally, Raymond James lowered shares of Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday.

Polaris Renewable Energy Price Performance

Polaris Renewable Energy stock opened at C$11.58 on Monday. The firm has a market capitalization of C$172.10 million, a P/E ratio of 23.99, a PEG ratio of 3.28 and a beta of 0.97. Polaris Renewable Energy has a one year low of C$10.70 and a one year high of C$13.85. The company has a debt-to-equity ratio of 57.48, a current ratio of 1.82 and a quick ratio of 1.64. The business has a fifty day moving average price of C$11.78 and a 200-day moving average price of C$12.44.

Polaris Renewable Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 28th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.60 annualized dividend and a dividend yield of 5.18%. Polaris Renewable Energy's payout ratio is currently 169.88%.

Insider Activity

In related news, Director Marc Murnaghan sold 2,301 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of C$12.52, for a total value of C$28,808.52. Corporate insiders own 2.94% of the company's stock.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.

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