HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• HA Sustainable Infrastructure Capital holds a consensus analyst rating of "Moderate Buy" from 12 firms (10 buys, 2 holds) with an average 1‑year price target of $45, and several brokers have recently raised their targets.
• The company reported Q EPS of $0.67 (in line with estimates) and revenue of $114.8M versus $28.7M expected, and issued FY2028 guidance of 3.50–3.60 EPS.
• HASI raised its quarterly dividend to $0.425 (annualized $1.70, ~4.1% yield), but the dividend payout ratio is elevated at 125%, which could signal sustainability risk.

Shares of HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twelve research firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $45.00.

HASI has been the subject of several analyst reports. Wells Fargo & Company increased their price objective on HA Sustainable Infrastructure Capital from $37.00 to $44.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 18th. The Goldman Sachs Group increased their price target on HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a "neutral" rating in a report on Tuesday, February 17th. Morgan Stanley raised their price objective on HA Sustainable Infrastructure Capital from $47.00 to $54.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 7th. Citigroup boosted their price objective on shares of HA Sustainable Infrastructure Capital from $36.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, April 21st. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of HA Sustainable Infrastructure Capital in a research report on Monday, December 29th.

HA Sustainable Infrastructure Capital Stock Performance

NYSE:HASI opened at $41.80 on Monday. The company has a market cap of $5.37 billion, a P/E ratio of 30.73, a P/E/G ratio of 1.34 and a beta of 1.41. HA Sustainable Infrastructure Capital has a twelve month low of $24.28 and a twelve month high of $42.03. The company's 50-day moving average price is $37.64 and its 200-day moving average price is $34.39. The company has a current ratio of 9.20, a quick ratio of 9.20 and a debt-to-equity ratio of 1.94.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last issued its earnings results on Thursday, February 12th. The real estate investment trust reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. The business had revenue of $114.81 million for the quarter, compared to analysts' expectations of $28.74 million. HA Sustainable Infrastructure Capital had a return on equity of 12.06% and a net margin of 46.08%.HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. On average, sell-side analysts forecast that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd were issued a $0.425 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.1%. This is an increase from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is currently 125.00%.

Insider Buying and Selling at HA Sustainable Infrastructure Capital

In other news, Director Jeffrey Eckel sold 134,398 shares of the firm's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the transaction, the director directly owned 9,050 shares in the company, valued at $355,031.50. This trade represents a 93.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.20% of the company's stock.

Institutional Trading of HA Sustainable Infrastructure Capital

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in HA Sustainable Infrastructure Capital by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 14,050,580 shares of the real estate investment trust's stock worth $441,610,000 after buying an additional 61,189 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in HA Sustainable Infrastructure Capital by 24.1% in 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 during the period. State Street Corp grew its stake in shares of HA Sustainable Infrastructure Capital by 2.0% in the fourth quarter. State Street Corp now owns 5,417,644 shares of the real estate investment trust's stock worth $172,499,000 after acquiring an additional 108,376 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of HA Sustainable Infrastructure Capital by 1.2% in the third quarter. Alliancebernstein L.P. now owns 4,406,564 shares of the real estate investment trust's stock worth $135,282,000 after acquiring an additional 50,212 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of HA Sustainable Infrastructure Capital by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 2,944,810 shares of the real estate investment trust's stock worth $92,572,000 after acquiring an additional 54,898 shares during the period. Institutional investors and hedge funds 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.

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