HA Sustainable Infrastructure Capital (NYSE:HASI) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

Key Points

• HASI shares fell below their 200-day moving average, trading as low as $36.24 versus the average of $38.94, and last changing hands near $36.47.
• Wall Street remains broadly positive: ten analysts rate the stock a Buy and three rate it a Hold, producing a “Moderate Buy” consensus and an average price target of $48.10.
• The company reported quarterly EPS of $0.75, topping estimates, and pays a $0.425 quarterly dividend, equivalent to a 4.7% yield; institutional investors own 96.14% of the shares.

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $38.94 and traded as low as $36.24. HA Sustainable Infrastructure Capital shares last traded at $36.4650, with a volume of 857,871 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HASI shares. Bank of America restated a "buy" rating on shares of HA Sustainable Infrastructure Capital in a research report on Tuesday, August 18th. Jefferies Financial Group reissued a "buy" rating and issued a $44.00 price target on shares of HA Sustainable Infrastructure Capital in a report on Thursday, October 1st. JPMorgan Chase & Co. raised their price target on HA Sustainable Infrastructure Capital from $50.00 to $51.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Mizuho increased their price objective on HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 9th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research report on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, HA Sustainable Infrastructure Capital has an average rating of "Moderate Buy" and an average price target of $48.10.

HA Sustainable Infrastructure Capital Price Performance

The company has a debt-to-equity ratio of 2.23, a current ratio of 8.89 and a quick ratio of 8.89. The company's 50 day moving average is $38.26 and its 200 day moving average is $38.94. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 68.80, a PEG ratio of 1.19 and a beta of 1.42.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its quarterly earnings data 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. HA Sustainable Infrastructure Capital had a net margin of 18.61% and a return on equity of 13.62%. The firm had revenue of $120.79 million for the quarter, compared to the consensus estimate of $111.95 million. HA Sustainable Infrastructure Capital has set its FY 2026 guidance at 3.550-3.650 EPS. Research analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.75 earnings per share for the current fiscal year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Friday, October 2nd were paid a dividend of $0.4250 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.70 annualized dividend and a dividend yield of 4.7%. HA Sustainable Infrastructure Capital's payout ratio is 320.75%.

Institutional Investors Weigh In On HA Sustainable Infrastructure Capital

A number of institutional investors and hedge funds have recently modified their holdings of HASI. BlackRock Inc. acquired a new position in HA Sustainable Infrastructure Capital during the second quarter worth $834,012,000. Neumeier Poma Investment Counsel LLC purchased a new stake in HA Sustainable Infrastructure Capital during the second quarter worth $60,865,790. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in HA Sustainable Infrastructure Capital by 31,354.1% during 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 worth $59,940,000 after purchasing an additional 1,530,079 shares in the last quarter. Bank of America Corp DE grew its holdings in 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 last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in HA Sustainable Infrastructure Capital in the second quarter valued at $51,176,000. Institutional investors and hedge funds own 96.14% of the company's stock.

HA Sustainable Infrastructure Capital Company Profile

HA Sustainable Infrastructure Capital, Inc NYSE: HASI is an investment firm focused on financing climate solutions and sustainable infrastructure. The company provides capital to projects that support the transition to a lower-carbon economy, with an emphasis on assets designed to improve energy efficiency, expand renewable power generation and strengthen infrastructure resilience.

HA Sustainable Infrastructure Capital invests through a range of structures, including debt, equity and other financing arrangements.

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