Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - Equities researchers at Raymond James issued their FY2026 earnings per share (EPS) estimates for Polaris Renewable Energy in a report issued on Tuesday, April 29th. Raymond James analyst D. Magder forecasts that the company will post earnings of $0.74 per share for the year. Raymond James currently has a "Moderate Buy" rating on the stock. The consensus estimate for Polaris Renewable Energy's current full-year earnings is $0.65 per share.
PIF has been the subject of several other research reports. Cormark upped their price objective on shares of Polaris Renewable Energy from C$23.50 to C$25.00 in a research note on Thursday, January 30th. National Bankshares cut their price objective on shares of 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.
View Our Latest Analysis on Polaris Renewable Energy
Polaris Renewable Energy Stock Up 1.1 %
Shares of PIF traded up C$0.13 during mid-day trading on Thursday, hitting C$11.59. 8,444 shares of the company's stock were exchanged, compared to its average volume of 34,818. The company has a market cap of C$172.25 million, a price-to-earnings ratio of 24.01, a P/E/G ratio of 3.28 and a beta of 0.97. The company has a debt-to-equity ratio of 57.48, a quick ratio of 1.64 and a current ratio of 1.82. Polaris Renewable Energy has a fifty-two week low of C$10.70 and a fifty-two week high of C$13.85. The stock's 50-day moving average is C$11.76 and its 200-day moving average is C$12.44.
Insider Activity at Polaris Renewable Energy
In other news, Director Marc Murnaghan sold 2,301 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of C$12.52, for a total value of C$28,808.52. 2.94% of the stock is owned by insiders.
Polaris Renewable Energy Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 28th were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.60 annualized dividend and a yield of 5.18%. Polaris Renewable Energy's dividend payout ratio (DPR) is 169.88%.
About Polaris Renewable Energy
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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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