HA Sustainable Infrastructure Capital (NYSE:HASI) Stock Price Crosses Below 200-Day Moving Average - Time to Sell?

Key Points

• HASI shares fell below their 200-day moving average of $38.95, trading as low as $35.72 before last changing hands at about $36.41.
• Despite the technical weakness, analysts maintain a generally positive view: 10 rate the stock a Buy and three 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 declared a quarterly dividend of $0.425, equivalent to a 4.7% annualized yield; institutional investors own 96.14% of the shares.

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI - Get Free Report) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $38.95 and traded as low as $35.72. HA Sustainable Infrastructure Capital shares last traded at $36.4090, with a volume of 1,246,233 shares changing hands.

Analyst Ratings Changes

A number of brokerages recently weighed in on HASI. Jefferies Financial Group reissued a "buy" rating and issued a $44.00 price target on shares of HA Sustainable Infrastructure Capital in a research report on Thursday, October 1st. Mizuho upped their target price on HA Sustainable Infrastructure Capital from $41.00 to $50.00 and gave the company an "outperform" rating in a research report on Wednesday, September 9th. Morgan Stanley raised their price target on HA Sustainable Infrastructure Capital from $57.00 to $60.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 18th. UBS Group reaffirmed a "neutral" rating and set a $44.00 price target (down from $51.00) on shares of HA Sustainable Infrastructure Capital in a research report on Friday, September 4th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of HA Sustainable Infrastructure Capital in a research note on Friday, August 7th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $48.10.

HA Sustainable Infrastructure Capital Stock Performance

The stock has a market cap of $4.68 billion, a PE ratio of 68.70, a price-to-earnings-growth ratio of 1.17 and a beta of 1.42. The stock has a fifty day moving average of $38.53 and a 200-day moving average of $38.95. The company has a quick ratio of 8.89, a current ratio of 8.89 and a debt-to-equity ratio of 2.23.

HA Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.75 EPS for the quarter, beating the consensus estimate of $0.73 by $0.02. The firm had revenue of $120.79 million during 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. On average, equities analysts forecast that HA Sustainable Infrastructure Capital, Inc. will post 2.75 EPS for the current year.

HA Sustainable Infrastructure Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Friday, October 2nd will be given a $0.4250 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Friday, October 2nd. HA Sustainable Infrastructure Capital's dividend payout ratio (DPR) is 320.75%.

Hedge Funds Weigh In On HA Sustainable Infrastructure Capital

A number of large investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of HA Sustainable Infrastructure Capital in the second quarter valued at approximately $834,012,000. Neumeier Poma Investment Counsel LLC purchased a new position in HA Sustainable Infrastructure Capital in the second quarter worth $60,865,790. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in 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 worth $59,940,000 after acquiring an additional 1,530,079 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in HA Sustainable Infrastructure Capital in the second quarter valued at $51,176,000. Finally, Bank of America Corp DE purchased a new stake in shares of HA Sustainable Infrastructure Capital during the 2nd quarter worth $47,223,000. Hedge funds and other institutional investors 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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