Research Analysts Issue Forecasts for TSE:PIF Q2 Earnings

Key Points

• National Bank Financial has raised its Q2 2025 earnings per share (EPS) estimate for Polaris Renewable Energy from $0.24 to $0.26 and maintains a "Strong-Buy" rating on the stock.
• Raymond James Financial downgraded Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating earlier in May.
• Polaris Renewable Energy recently declared a quarterly dividend of $0.15 per share, representing an annualized dividend yield of 4.94%.

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.

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

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.