HA Sustainable Infrastructure Capital (NYSE:HASI) Issues FY 2028 Earnings Guidance

Key Points

• FY 2028 EPS guidance: Hannon Armstrong updated FY2028 earnings guidance to 3.50–3.60 EPS, above the Street consensus of 3.18.
• Dividend increase: The company raised its quarterly payout to $0.425 (annualized $1.70), implying a ~4.0% yield despite a dividend payout ratio of 125%.
• Analyst sentiment: Multiple analysts have raised price targets (e.g., Morgan Stanley to $54, Citi to $50), and the consensus rating is a Moderate Buy with a $45 target.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) updated its FY 2028 earnings guidance on Thursday. The company provided EPS guidance of 3.500-3.600 for the period, compared to the consensus EPS estimate of 3.180. The company issued revenue guidance of -.

HA Sustainable Infrastructure Capital Stock Down 2.1%

NYSE:HASI traded down $0.92 on Thursday, hitting $42.39. The stock had a trading volume of 1,242,256 shares, compared to its average volume of 969,223. The company has a debt-to-equity ratio of 1.94, a quick ratio of 9.20 and a current ratio of 9.20. The stock has a market cap of $5.44 billion, a P/E ratio of 31.17, a price-to-earnings-growth ratio of 1.38 and a beta of 1.47. HA Sustainable Infrastructure Capital has a 1 year low of $24.28 and a 1 year high of $43.94. The firm's fifty day simple moving average is $38.21 and its two-hundred day simple moving average is $34.99.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $114.81 million during the quarter, compared to analyst estimates of $28.74 million. HA Sustainable Infrastructure Capital had a net margin of 46.08% and a return on equity of 12.06%. HA Sustainable Infrastructure Capital has set its FY 2028 guidance at 3.500-3.600 EPS. Analysts predict that HA Sustainable Infrastructure Capital will post 2.71 earnings per share for the current year.

HA Sustainable Infrastructure Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd were paid a $0.425 dividend. This is a positive change from HA Sustainable Infrastructure Capital's previous quarterly dividend of $0.42. The ex-dividend date was Thursday, April 2nd. This represents a $1.70 annualized dividend and a yield of 4.0%. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 125.00%.

Analyst Ratings Changes

Several equities research analysts have commented on HASI shares. Citigroup increased 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 research note on Tuesday, April 21st. Morgan Stanley increased their price objective on shares of HA Sustainable Infrastructure Capital from $47.00 to $54.00 and gave the company an "overweight" rating in a research note on Tuesday, April 7th. UBS Group increased their price objective on shares of HA Sustainable Infrastructure Capital from $40.00 to $44.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. TD Cowen raised their price target on shares of HA Sustainable Infrastructure Capital from $40.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, February 17th. Finally, The Goldman Sachs Group raised their price target on shares of HA Sustainable Infrastructure Capital from $33.00 to $38.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 17th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital currently has a consensus rating of "Moderate Buy" and a consensus target price of $45.00.

Insider Activity

In other news, Director Jeffrey Eckel sold 134,398 shares of the firm's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $39.23, for a total transaction of $5,272,433.54. Following the completion of the sale, the director owned 9,050 shares in the company, valued at $355,031.50. This trade represents a 93.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

Several large investors have recently modified their holdings of the stock. iSAM Funds UK Ltd bought a new position in HA Sustainable Infrastructure Capital in the 3rd quarter valued at $27,000. Triumph Capital Management bought a new position in HA Sustainable Infrastructure Capital in the 4th quarter valued at $29,000. Northwestern Mutual Wealth Management Co. boosted its holdings in HA Sustainable Infrastructure Capital by 101.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,937 shares of the real estate investment trust's stock valued at $61,000 after purchasing an additional 977 shares during the period. Quadrant Capital Group LLC bought a new position in HA Sustainable Infrastructure Capital in the 3rd quarter valued at $72,000. Finally, Smartleaf Asset Management LLC boosted its holdings in HA Sustainable Infrastructure Capital by 14.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the real estate investment trust's stock valued at $85,000 after purchasing an additional 336 shares during the period. Hedge funds and other institutional investors own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Company Profile

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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