Harmony Energy Income Trust (HEIT) Share Price, News & Analysis

Company Overview

The Harmony Energy Income Trust (‘HEIT’) is a “pure play” battery energy storage systems (BESS) owner and operator with an exclusive focus on 2-hour duration BESS in GB. It was launched on the London Stock Exchange in November 2021. It currently holds 494.4MW / 988.8 MWh of BESS projects spread across Great Britain. One of these, the Rye Common project (99 MW), was divested by the Company (pre-construction) in September 2023, concentrating the portfolio to eight BESS projects (395.4 MW / 790.8 MWh), all of which are fully funded and operational. HEIT has preferential rights to acquire and build out 1GW of Harmony Energy Limited’s GB BESS development pipeline into the future. The Company is advised by Harmony Energy Advisors Limited, which is a wholly-owned subsidiary of Harmony Energy Limited (Harmony Energy). Harmony Energy is a leading UK battery energy storage project developer and has recently expanded to France, New Zealand, Poland and Germany. Harmony Energy has an established track record in developing, funding and supervising the construction of such projects and other renewable generation projects. To date Harmony Energy has developed BESS Projects in Great Britain of which 634 MW / 1268 MWh is operational (including Europe's biggest BESS by MWh - Pillswood) and 250 MW / 500 MWh is in construction. Through the delivery of BESS projects and by raising awareness of the positive impact they have on the environment, we at HEIT believe that if the whole globe comes together collectively to support developments like these, then we can achieve net zero by enabling clean energy generation and protecting the future of our planet.

Key Stats

• Today's Range: 92.38 to 92.38
• 50-Day Range: 91.60 to 97
• 52-Week Range: 47 to 98
• Volume: 395,600 shs
• Average Volume: 1.47 million shs
• Market Capitalization: £209.66 million
• P/E Ratio: N/A
• Dividend Yield: 8.66%
• Price Target: N/A
• Consensus Rating: N/A

HEIT Stock Analysis - Frequently Asked Questions

How have HEIT shares performed this year?

Harmony Energy Income Trust's stock was trading at GBX 65 on January 1st, 2025. Since then, HEIT shares have increased by 42.1% and is now trading at GBX 92.38.

How were Harmony Energy Income Trust's earnings last quarter?

Harmony Energy Income Trust Plc (LON:HEIT) released its quarterly earnings results on Wednesday, February, 26th. The company reported ($25.00) earnings per share for the quarter. Harmony Energy Income Trust had a net margin of 106.46% and a negative trailing twelve-month return on equity of 14.61%.
Read the conference call transcript.

How do I buy shares of Harmony Energy Income Trust?

Shares of HEIT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Harmony Energy Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Harmony Energy Income Trust investors own include AutoZone (AZO), Gore Street Energy Storage Fund (GSF), Intel (INTC), Shell (SHEL), TJX Companies (TJX), Abacus Health Products (ABAHF) and Assura (AGR).

Company Calendar

• Last Earnings: 2/26/2025
• Today: 7/06/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:HEIT
• CIK: N/A
• Web: www.heitp.co.uk
• Phone: 44 20 7409 0181
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX (15.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£34.03 million
• Net Margins: 106.46%
• Pretax Margin: N/A
• Return on Equity: -14.61%
• Return on Assets: -7.49%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 33.10
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: -£31.97 million
• Price / Sales: -6.56
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 96.21 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 226,949,581
• Free Float: N/A
• Market Cap: £209.66 million
• Optionable: Not Optionable
• Beta: 0.20