Atlantica Sustainable Infrastructure - AY Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlantica Sustainable Infrastructure in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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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7 Wall Street analysts have issued twelve-month price objectives for Atlantica Sustainable Infrastructure's shares. Their AY share price forecasts range from $28.00 to $43.00. On average, they expect the company's stock price to reach $33.57 in the next year. This suggests a possible upside of 24.3% from the stock's current price.
View analysts price targets for AY or view top-rated stocks among Wall Street analysts.

Atlantica Sustainable Infrastructure's stock was trading at $25.90 at the beginning of 2023. Since then, AY stock has increased by 4.3% and is now trading at $27.01.
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Atlantica Sustainable Infrastructure saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,960,000 shares, an increase of 7.6% from the February 13th total of 2,750,000 shares. Based on an average trading volume of 688,600 shares, the days-to-cover ratio is currently 4.3 days. Currently, 4.5% of the shares of the company are sold short.
View Atlantica Sustainable Infrastructure's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our AY earnings forecast.

Atlantica Sustainable Infrastructure plc (NASDAQ:AY) announced its quarterly earnings data on Wednesday, November, 10th. The utilities provider reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.70. The utilities provider earned $329.24 million during the quarter, compared to analyst estimates of $333.20 million. Atlantica Sustainable Infrastructure had a negative trailing twelve-month return on equity of 0.30% and a negative net margin of 0.49%. During the same period last year, the company earned $0.86 earnings per share.

Atlantica Sustainable Infrastructure announced a quarterly dividend on Tuesday, February 28th. Stockholders of record on Tuesday, March 14th will be given a dividend of $0.445 per share on Saturday, March 25th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 6.59%. The ex-dividend date is Monday, March 13th.
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 6.54%. 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 many different institutional and retail investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (3.86%), Morgan Stanley (3.82%), Amundi (1.98%), Tortoise Capital Advisors L.L.C. (1.87%), Renaissance Technologies LLC (1.12%) and Dimensional Fund Advisors LP (1.07%).

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 $27.01.

Atlantica Sustainable Infrastructure (NASDAQ:AY) has a market capitalization of $3.04 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 ($0.04) 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.