FY2026 Earnings Forecast for TSE:PIF Issued By Raymond James

Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - Equities research analysts at Raymond James issued their FY2026 earnings per share (EPS) estimates for Polaris Renewable Energy in a research note issued to investors on Tuesday, April 29th. Raymond James analyst D. Magder anticipates that the company will earn $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.

A number of other analysts also recently weighed in on PIF. Cormark increased their price objective on Polaris Renewable Energy from C$23.50 to C$25.00 in a report on Thursday, January 30th. National Bankshares decreased 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 note on Tuesday, February 11th.

Polaris Renewable Energy Trading Up 0.3 %

TSE PIF traded up C$0.03 on Thursday, hitting C$11.58. The company's stock had a trading volume of 43,536 shares, compared to its average volume of 35,395. The company's 50-day moving average is C$11.78 and its 200 day moving average is C$12.44. The firm has a market cap of C$172.10 million, a PE ratio of 23.99, a PEG ratio of 3.28 and a beta of 0.97. Polaris Renewable Energy has a 1-year low of C$10.70 and a 1-year high of C$13.85. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 57.48.

Polaris Renewable Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 28th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date of this dividend was Friday, February 14th. Polaris Renewable Energy's dividend payout ratio is presently 169.88%.

Insider Activity at Polaris Renewable Energy

In other Polaris Renewable Energy news, Director Marc Murnaghan sold 2,301 shares of the business's 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 company insiders.

Polaris Renewable Energy Company Profile

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.