Polaris Renewable Energy (TSE:PIF) Rating Lowered to Moderate Buy at Cormark

Key Points

• Polaris Renewable Energy's stock rating was downgraded from "strong-buy" to "moderate buy" by Cormark, along with estimated FY2026 earnings of $0.95 EPS.
• Despite the downgrade, National Bank Financial raised Polaris' rating to "strong-buy" earlier this month, indicating mixed analyst sentiment.
• Insider activity included Director Marc Murnaghan purchasing 7,500 shares at C$11.98 each, totaling C$89,850.00.

Polaris Renewable Energy (TSE:PIF - Get Free Report) was downgraded by stock analysts at Cormark from a "strong-buy" rating to a "moderate buy" rating in a note issued to investors on Friday,Zacks.com reports. Cormark also issued estimates for Polaris Renewable Energy's FY2026 earnings at $0.95 EPS.

PIF has been the topic of several other research reports. National Bank Financial raised shares of Polaris Renewable Energy to a "strong-buy" rating in a research note on Sunday, June 8th. Raymond James Financial cut shares of Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, May 1st.

Polaris Renewable Energy Price Performance

Shares of TSE PIF opened at C$12.45 on Friday. The firm has a market cap of C$185.03 million, a PE ratio of 25.79, a PEG ratio of 3.28 and a beta of 0.97. The firm has a fifty day moving average of C$12.06 and a 200 day moving average of C$12.05. The company has a debt-to-equity ratio of 57.48, a quick ratio of 1.64 and a current ratio of 1.82. Polaris Renewable Energy has a one year low of C$10.70 and a one year high of C$13.66.

Insider Transactions at Polaris Renewable Energy

In other Polaris Renewable Energy news, Director Marc Murnaghan bought 7,500 shares of the stock in a transaction on Thursday, June 12th. The shares were bought at an average price of C$11.98 per share, with a total value of C$89,850.00. 2.94% of the stock is currently owned by company insiders.

About Polaris Renewable Energy

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.

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