Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - Investment analysts at National Bank Financial upped their Q2 2025 EPS estimates for Polaris Renewable Energy in a research report issued on Thursday, July 24th. National Bank Financial analyst B. Sidhu now forecasts that the company will post earnings of $0.26 per share for the quarter, up from their prior estimate of $0.24. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Polaris Renewable Energy's current full-year earnings is $0.65 per share. National Bank Financial also issued estimates for Polaris Renewable Energy's Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.14 EPS and FY2026 earnings at $0.56 EPS.
Separately, Raymond James Financial lowered shares of Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, May 1st.
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Polaris Renewable Energy Stock Performance
TSE PIF traded up C$0.24 during trading on Monday, reaching C$12.39. The company's stock had a trading volume of 8,937 shares, compared to its average volume of 30,007. 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 firm has a market cap of C$184.14 million, a price-to-earnings ratio of 25.67, a P/E/G ratio of 3.28 and a beta of 0.97. Polaris Renewable Energy has a twelve month low of C$10.70 and a twelve month high of C$13.66. The business's fifty day moving average price is C$12.02 and its 200-day moving average price is C$12.06.
Polaris Renewable Energy Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 23rd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.84%. Polaris Renewable Energy's dividend payout ratio (DPR) is 169.88%.
Insider Activity
In other news, Director Marc Murnaghan purchased 7,500 shares of the company's stock in a transaction dated Thursday, June 12th. The shares were acquired at an average cost of C$11.98 per share, for a total transaction of C$89,850.00. 2.94% of the stock is currently owned by company insiders.
About Polaris Renewable Energy
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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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