Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - Investment analysts at Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of Polaris Renewable Energy in a research note issued on Monday, April 28th. Cormark analyst N. Boychuk forecasts that the company will post earnings per share of ($0.49) for the quarter. The consensus estimate for Polaris Renewable Energy's current full-year earnings is $0.65 per share.
Several other research firms have also commented on PIF. National Bankshares dropped their price target on Polaris Renewable Energy from C$23.00 to C$22.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. Raymond James downgraded Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday.
Read Our Latest Research Report on Polaris Renewable Energy
Polaris Renewable Energy Price Performance
Shares of TSE:PIF traded down C$0.08 on Wednesday, reaching C$11.50. The company's stock had a trading volume of 7,436 shares, compared to its average volume of 35,062. The company has a 50-day simple moving average of C$11.78 and a 200 day simple moving average of C$12.44. The company has a debt-to-equity ratio of 57.48, a quick ratio of 1.64 and a current ratio of 1.82. The company has a market cap of C$170.91 million, a P/E ratio of 23.82, a PEG ratio of 3.28 and a beta of 0.97. Polaris Renewable Energy has a 52-week low of C$10.70 and a 52-week high of C$13.85.
Insider Transactions at Polaris Renewable Energy
In other news, Director Marc Murnaghan sold 2,301 shares of Polaris Renewable Energy stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of C$12.52, for a total transaction of C$28,808.52. Company insiders own 2.94% of the company's stock.
Polaris Renewable Energy Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 28th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.22%. Polaris Renewable Energy's dividend payout ratio is 169.88%.
Polaris Renewable Energy Company Profile
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Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.
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