Hannon Armstrong Sustainable Infrastructure Capital (HASI) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hannon Armstrong Sustainable Infrastructure Capital in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HASI shares.
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7 brokers have issued 12-month target prices for Hannon Armstrong Sustainable Infrastructure Capital's shares. Their HASI share price forecasts range from $24.00 to $50.00. On average, they anticipate the company's share price to reach $38.13 in the next twelve months. This suggests a possible upside of 59.2% from the stock's current price.
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Hannon Armstrong Sustainable Infrastructure Capital's stock was trading at $28.98 on January 1st, 2023. Since then, HASI stock has decreased by 17.4% and is now trading at $23.95.
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Hannon Armstrong Sustainable Infrastructure Capital saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 11,680,000 shares, an increase of 20.3% from the July 31st total of 9,710,000 shares. Based on an average daily volume of 1,370,000 shares, the days-to-cover ratio is currently 8.5 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
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Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) posted its earnings results on Thursday, August, 3rd. The real estate investment trust reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.06. The real estate investment trust earned $74.33 million during the quarter, compared to analysts' expectations of $32.13 million. Hannon Armstrong Sustainable Infrastructure Capital had a net margin of 19.94% and a trailing twelve-month return on equity of 10.20%. During the same quarter in the previous year, the company earned $0.60 earnings per share.

Hannon Armstrong Sustainable Infrastructure Capital declared a quarterly dividend on Thursday, August 3rd. Investors of record on Wednesday, October 4th will be given a dividend of $0.395 per share on Wednesday, October 11th. This represents a $1.58 annualized dividend and a yield of 6.60%. The ex-dividend date of this dividend is Tuesday, October 3rd.
Read our dividend analysis for HASI.

ETFs with the largest weight of Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Invesco Solar ETF (TAN), First Trust EIP Carbon Impact ETF (ECLN), AXS Green Alpha ETF (NXTE), ALPS Clean Energy ETF (ACES), TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) and Putnam Sustainable Future ETF (PFUT).

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) pays an annual dividend of $1.58 per share and currently has a dividend yield of 6.34%. HASI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 282.15%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HASI will have a dividend payout ratio of 73.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HASI.

Hannon Armstrong Sustainable Infrastructure Capital updated its FY 2024 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $2.40-$2.40 for the period, compared to the consensus EPS estimate of $2.37. The company issued revenue guidance of -.

1 employees have rated Hannon Armstrong Sustainable Infrastructure Capital Chief Executive Officer Jeffrey W. Eckel on Glassdoor.com. Jeffrey W. Eckel has an approval rating of 100% among the company's employees. This puts Jeffrey W. Eckel in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hannon Armstrong Sustainable Infrastructure Capital investors own include AT&T (T), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), AbbVie (ABBV), Energy Transfer (ET), Realty Income (O) and NVIDIA (NVDA).

Hannon Armstrong Sustainable Infrastructure Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "HASI."

Hannon Armstrong Sustainable Infrastructure Capital's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.11%), Handelsbanken Fonder AB (4.37%), State Street Corp (2.02%), Geode Capital Management LLC (1.88%), Vontobel Holding Ltd. (1.58%) and Northern Trust Corp (1.34%). Insiders that own company stock include Charles Melko, Charles O'neil, Daniel K Mcmahon, Jeffrey Eckel, Jeffrey Lipson, Marc T Pangburn, Nathaniel Rose, Richard J Osborne, Richard Santoroski, Simone Lagomarsino, Steven Chuslo, Susan D Nickey and Teresa Brenner.
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Shares of HASI 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 HASI stock can currently be purchased for approximately $23.95.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) has a market capitalization of $2.57 billion and generates $239.74 million in revenue each year. The real estate investment trust earns $41.50 million in net income (profit) each year or $0.56 on an earnings per share basis.

The company employs 112 workers across the globe.

Hannon Armstrong Sustainable Infrastructure Capital's mailing address is 1906 TOWNE CENTRE BLVD SUITE 370, ANNAPOLIS MD, 21401. The official website for the company is www.hannonarmstrong.com. The real estate investment trust can be reached via phone at (410) 571-9860, via email at investors@hannonarmstrong.com, or via fax at 410-571-6199.