Q1 EPS Estimates for TSE:PIF Lowered by Clarus Securities

Key Points

• Clarus Securities revised its Q1 2026 earnings estimate for Polaris Renewable Energy Inc. from $0.15 to $0.12 per share, with full-year earnings projected at $0.65 per share.
• Insider activity was noted, as Director Marc Murnaghan purchased 7,500 shares of the company at an average price of C$11.98, totaling C$89,850.
• The company announced a quarterly dividend of $0.15, which translates to an annualized dividend yield of 4.8% despite a high payout ratio of 169.88%.

Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - Clarus Securities lowered their Q1 2026 EPS estimates for Polaris Renewable Energy in a research note issued on Friday, August 1st. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings per share of $0.12 for the quarter, down from their previous estimate of $0.15. The consensus estimate for Polaris Renewable Energy's current full-year earnings is $0.65 per share. Clarus Securities also issued estimates for Polaris Renewable Energy's Q2 2026 earnings at $0.15 EPS and FY2026 earnings at $0.81 EPS.

PIF has been the subject of a number of other reports. Cormark downgraded shares of Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a report on Friday, August 1st. Raymond James Financial downgraded Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, May 1st. Finally, National Bank Financial raised shares of Polaris Renewable Energy to a "strong-buy" rating in a research report on Sunday, June 8th.

Polaris Renewable Energy Stock Performance

Shares of TSE:PIF traded up C$0.05 during trading on Monday, hitting C$12.55. 31,187 shares of the company were exchanged, compared to its average volume of 30,825. The company has a debt-to-equity ratio of 57.48, a current ratio of 1.82 and a quick ratio of 1.64. Polaris Renewable Energy has a 52-week low of C$10.70 and a 52-week high of C$13.66. The company has a market cap of C$186.51 million, a PE ratio of 26.00, a P/E/G ratio of 3.28 and a beta of 0.97. The stock has a 50 day moving average of C$12.10 and a 200 day moving average of C$12.04.

Insider Activity at Polaris Renewable Energy

In other Polaris Renewable Energy news, Director Marc Murnaghan bought 7,500 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was purchased at an average cost of C$11.98 per share, with a total value of C$89,850.00. Company insiders own 2.94% of the company's stock.

Polaris Renewable Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 22nd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Monday, August 11th. Polaris Renewable Energy's payout ratio is 169.88%.

Polaris Renewable Energy Company Profile

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.