TSE:PIF

Polaris Renewable Energy (PIF) Stock Price, News & Analysis

C$11.71
-0.15 (-1.26%)
(As of 04/22/2024 ET)
Today's Range
C$11.55
C$11.93
50-Day Range
C$11.18
C$12.69
52-Week Range
C$11.08
C$15.77
Volume
38,537 shs
Average Volume
52,133 shs
Market Capitalization
C$246.85 million
P/E Ratio
15.41
Dividend Yield
6.92%
Price Target
C$28.25

Polaris Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
4.00 Rating Score
Upside/​Downside
141.2% Upside
C$28.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.18mentions of Polaris Renewable Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
C$22,390 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.92 out of 5 stars

PIF stock logo

About Polaris Renewable Energy Stock (TSE:PIF)

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. The company was formerly known as Polaris Infrastructure Inc. and changed its name to Polaris Renewable Energy Inc. in July 2022. Polaris Renewable Energy Inc. was incorporated in 1984 and is headquartered in Toronto, Canada.

PIF Stock Price History

PIF Stock News Headlines

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Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Polaris Renewable Energy Inc PIF
Polaris Renewable Energy Announces Q2 2023 Results
Polaris Renewable Energy Inc (N4T.SG)
See More Headlines
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Company Calendar

Ex-Dividend for 2/23 Dividend
2/09/2024
Last Earnings
2/22/2024
Dividend Payable
2/23/2024
Today
4/22/2024
Next Earnings (Estimated)
5/02/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Renewable
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
235
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$28.25
High Stock Price Target
C$35.00
Low Stock Price Target
C$21.50
Potential Upside/Downside
+141.2%
Consensus Rating
Strong Buy
Rating Score (0-4)
4.00
Research Coverage
1 Analysts

Profitability

Net Income
C$11.74 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$78.52 million
Cash Flow
C$1.41 per share
Book Value
C$12.79 per share

Miscellaneous

Free Float
N/A
Market Cap
C$246.85 million
Optionable
Not Optionable
Beta
0.89
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Key Executives

  • Mr. Marc Murnaghan (Age 52)
    CEO & Director
    Comp: $904.95k
  • Mr. Anthony Jelic CPA
    CGA, Chief Financial Officer
  • Mr. Alexis Guillermo Osorno
    Senior Vice President of Latin America
  • Ms. Alba Seisdedos
    Vice President of Taxation & Legal Affairs
  • Mr. Guzman Fernandez
    Vice President of Corporate Development
  • Mr. Michael Kosianic
    Executive Vice President of Project Finance
  • Ms. Denise Parada
    Vice President of Sustainability & Transformation

PIF Stock Analysis - Frequently Asked Questions

Should I buy or sell Polaris Renewable Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Polaris Renewable Energy in the last year. There are currently 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" PIF shares.
View PIF analyst ratings
or view top-rated stocks.

What is Polaris Renewable Energy's stock price target for 2024?

1 Wall Street research analysts have issued 1-year target prices for Polaris Renewable Energy's stock. Their PIF share price targets range from C$21.50 to C$35.00. On average, they predict the company's stock price to reach C$28.25 in the next twelve months. This suggests a possible upside of 141.2% from the stock's current price.
View analysts price targets for PIF
or view top-rated stocks among Wall Street analysts.

How have PIF shares performed in 2024?

Polaris Renewable Energy's stock was trading at C$13.23 on January 1st, 2024. Since then, PIF shares have decreased by 11.5% and is now trading at C$11.71.
View the best growth stocks for 2024 here
.

When is Polaris Renewable Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PIF earnings forecast
.

How were Polaris Renewable Energy's earnings last quarter?

Polaris Renewable Energy Inc. (TSE:PIF) announced its quarterly earnings results on Thursday, February, 22nd. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.13 by $0.03. The firm had revenue of $25.53 million for the quarter, compared to analysts' expectations of $27.11 million. Polaris Renewable Energy had a trailing twelve-month return on equity of 4.37% and a net margin of 14.96%.

How often does Polaris Renewable Energy pay dividends? What is the dividend yield for Polaris Renewable Energy?

Polaris Renewable Energy declared a quarterly dividend on Monday, February 5th. Stockholders of record on Monday, February 12th will be given a dividend of 0.15 per share on Friday, February 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for PIF
.

Is Polaris Renewable Energy a good dividend stock?

Polaris Renewable Energy (TSE:PIF) pays an annual dividend of C$0.81 per share and currently has a dividend yield of 7.05%. PIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 106.58%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PIF.

What other stocks do shareholders of Polaris Renewable Energy own?
How do I buy shares of Polaris Renewable Energy?

Shares of PIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:PIF) was last updated on 4/23/2024 by MarketBeat.com Staff

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