HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Stock Has Average Target Price of $47.50

Key Points

• Analyst sentiment is moderately bullish: Ten of 13 analysts rate HA Sustainable Infrastructure Capital a buy, while three recommend holding the stock. The average 12-month price target is $47.50, above its quoted price of $35.67.
• The company recently exceeded quarterly expectations, reporting $0.75 in EPS versus the $0.73 consensus and revenue of $120.79 million versus estimates of $111.95 million.
• HASI pays a quarterly dividend of $0.425, equivalent to $1.70 annually and a 4.8% yield, although its reported payout ratio is high at 320.75%. Institutional investors own 96.14% of the stock.

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the thirteen analysts that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $47.50.

Several research analysts have recently issued reports on the company. Bank of America reaffirmed a "buy" rating on shares of HA Sustainable Infrastructure Capital in a research note on Tuesday, August 18th. UBS Group reissued a "neutral" rating and issued a $44.00 price objective (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a research note on Friday, September 4th. JPMorgan Chase & Co. lowered their price objective on shares of HA Sustainable Infrastructure Capital from $51.00 to $45.00 and set an "overweight" rating on the stock in a research note on Monday. Weiss Ratings restated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a report on Friday, August 7th. Finally, Jefferies Financial Group restated a "buy" rating and set a $44.00 target price on shares of HA Sustainable Infrastructure Capital in a research report on Thursday, October 1st.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HASI stock opened at $35.67 on Tuesday. The stock has a fifty day moving average price of $38.17 and a 200 day moving average price of $38.95. The stock has a market cap of $4.58 billion, a PE ratio of 67.30, a P/E/G ratio of 1.17 and a beta of 1.42. HA Sustainable Infrastructure Capital has a 1 year low of $27.28 and a 1 year high of $44.13. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.89 and a current ratio of 8.89.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.02. The company had revenue of $120.79 million for the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital had a return on equity of 13.62% and a net margin of 18.61%. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Sell-side analysts forecast that HA Sustainable Infrastructure Capital will post 2.75 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Friday, October 2nd were given a $0.4250 dividend. The ex-dividend date was Friday, October 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.8%. HA Sustainable Infrastructure Capital's dividend payout ratio is currently 320.75%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new position in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth $834,012,000. Neumeier Poma Investment Counsel LLC acquired a new stake in shares of HA Sustainable Infrastructure Capital during the second quarter worth $60,865,790. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of HA Sustainable Infrastructure Capital by 31,354.1% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,534,959 shares of the real estate investment trust's stock valued at $59,940,000 after purchasing an additional 1,530,079 shares during the period. Bank of America Corp DE grew its position in shares of HA Sustainable Infrastructure Capital by 30.3% in the first quarter. Bank of America Corp DE now owns 1,427,415 shares of the real estate investment trust's stock valued at $52,458,000 after purchasing an additional 331,670 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of HA Sustainable Infrastructure Capital in the second quarter valued at $51,176,000. 96.14% of the stock is owned by hedge funds and other institutional investors.

About HA Sustainable Infrastructure Capital

HA Sustainable Infrastructure Capital, Inc NYSE: HASI is an investment firm focused on financing sustainable infrastructure and climate solutions. The company provides capital to projects and businesses involved in renewable energy, energy efficiency, sustainable real estate and other infrastructure that supports the transition to a lower-carbon economy.

Its investment activities may include lending, equity investments and other forms of project financing. HA Sustainable Infrastructure Capital typically works with developers, owners and operators of infrastructure assets, helping fund projects such as distributed solar, utility-scale renewable energy, energy-efficiency improvements and resilient infrastructure.

Founded in 1981, the company has historically operated under the name Hannon Armstrong Sustainable Infrastructure Capital, Inc and became publicly traded in 2013.

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