Atlantica Sustainable Infrastructure (AY) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atlantica Sustainable Infrastructure in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AY, but not buy additional shares or sell existing shares.
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8 Wall Street analysts have issued 1 year price targets for Atlantica Sustainable Infrastructure's stock. Their AY share price forecasts range from $28.00 to $35.00. On average, they expect the company's stock price to reach $31.75 in the next year. This suggests a possible upside of 27.9% from the stock's current price.
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Atlantica Sustainable Infrastructure's stock was trading at $25.90 at the start of the year. Since then, AY shares have decreased by 4.2% and is now trading at $24.82.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our AY earnings forecast.

Atlantica Sustainable Infrastructure plc (NASDAQ:AY) announced its quarterly earnings results on Wednesday, November, 10th. The utilities provider reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.60 by $0.70. The utilities provider had revenue of $329.24 million for the quarter, compared to analyst estimates of $333.20 million. Atlantica Sustainable Infrastructure had a negative net margin of 0.40% and a negative trailing twelve-month return on equity of 0.25%. During the same period in the previous year, the company posted $0.86 earnings per share.

Atlantica Sustainable Infrastructure announced a quarterly dividend on Thursday, May 4th. Investors of record on Wednesday, May 31st will be paid a dividend of $0.445 per share on Thursday, June 15th. This represents a $1.78 annualized dividend and a dividend yield of 7.17%. The ex-dividend date of this dividend is Tuesday, May 30th.
Read our dividend analysis for AY.

ETFs with the largest weight of Atlantica Sustainable Infrastructure (NASDAQ:AY) stock in their portfolio include Invesco International Dividend Achievers ETF (PID), SPDR S&P Kensho Clean Power ETF (CNRG), SPDR S&P Kensho Intelligent Structures ETF (SIMS), Invesco Solar ETF (TAN), Global X Renewable Energy Producers ETF (RNRG), Fidelity Clean Energy ETF (FRNW), Neuberger Berman Carbon Transition & Infrastructure ETF (NBCT) and Opus Small Cap Value Plus ETF (OSCV).

Atlantica Sustainable Infrastructure (NASDAQ:AY) pays an annual dividend of $1.78 per share and currently has a dividend yield of 7.20%. AY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for AY.

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlantica Sustainable Infrastructure investors own include AT&T (T), Energy Transfer (ET), AbbVie (ABBV), Enterprise Products Partners (EPD), BP Prudhoe Bay Royalty Trust (BPT), Pfizer (PFE), Verizon Communications (VZ), Enbridge (ENB), Intel (INTC) and Iron Mountain (IRM).

Atlantica Sustainable Infrastructure trades on the NASDAQ under the ticker symbol "AY."

Atlantica Sustainable Infrastructure's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (4.30%), BlackRock Inc. (2.81%), Tortoise Capital Advisors L.L.C. (1.88%), Dimensional Fund Advisors LP (1.15%), Renaissance Technologies LLC (1.14%) and Neumeier Poma Investment Counsel LLC (1.13%).

Shares of AY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AY stock can currently be purchased for approximately $24.82.

Atlantica Sustainable Infrastructure (NASDAQ:AY) has a market capitalization of $2.79 billion and generates $1.10 billion in revenue each year. The utilities provider earns $-5,440,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis.

The company employs 658 workers across the globe.

Atlantica Sustainable Infrastructure's mailing address is GREAT WEST HOUSE GW1 17TH FLOOR GREAT WEST ROAD, BRENTFORD X0, TW8 9DF. The official website for the company is www.atlanticayield.com. The utilities provider can be reached via phone at 442034990465 or via email at ir@atlanticayield.com.