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TSE:PIF

Polaris Renewable Energy - PIF Stock Forecast, Price & News

C$13.22
+0.12 (+0.92%)
(As of 03/21/2023 12:00 AM ET)
Add
Compare
Today's Range
C$13.04
C$13.24
50-Day Range
C$13.03
C$15.30
52-Week Range
C$12.86
C$23.05
Volume
12,159 shs
Average Volume
46,577 shs
Market Capitalization
C$278.02 million
P/E Ratio
6.33
Dividend Yield
6.05%
Price Target
C$28.67

Polaris Renewable Energy MarketRank™ Forecast

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
116.8% Upside
C$28.67 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.42mentions of Polaris Renewable Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars


PIF stock logo

About Polaris Renewable Energy (TSE:PIF) Stock

Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. 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 based in Toronto, Canada.

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PIF Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Stocks in play: Polaris Renewable Energy Inc.
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Polaris Renewable Energy Announces Q3 2022 Results
IIROC Trading Halt - PIF.DB
Polaris Renewable Energy Inc.
Polaris Renewable Energy Announces Q2 2022 Results
Polaris Renewable Energy Declares Quarterly Dividend
Polaris Infrastructure Inc stock gained on Friday.
GobiMin, Polaris, Uni-Select at 52-Week Highs
See More Headlines
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PIF Company Calendar

Ex-Dividend for 2/24 Dividend
2/10/2023
Last Earnings
2/23/2023
Dividend Payable
2/24/2023
Today
3/21/2023
Next Earnings (Estimated)
5/04/2023

Industry, Sector and Symbol

Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
151
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$28.67
High Stock Price Forecast
C$40.00
Low Stock Price Forecast
C$20.00
Forecasted Upside/Downside
+117.8%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
C$-1,420,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$60.63 million
Cash Flow
C$1.58 per share
Book Value
C$14.56 per share

Miscellaneous

Free Float
N/A
Market Cap
C$276.75 million
Optionable
Not Optionable
Beta
0.92

Key Executives

  • Mr. Marc Murnaghan (Age 50)
    CEO & Director
    Comp: $562.9k
  • Mr. Anthony Jelic CPA
    CGA, Chief Financial Officer
  • Mr. Alexis Guillermo Osorno
    Sr. VP of Latin America













PIF Stock - Frequently Asked Questions

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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Polaris Renewable Energy in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PIF shares.
View PIF analyst ratings
or view top-rated stocks.

What is Polaris Renewable Energy's stock price forecast for 2023?

4 brokerages have issued twelve-month price objectives for Polaris Renewable Energy's shares. Their PIF share price forecasts range from C$20.00 to C$40.00. On average, they expect the company's stock price to reach C$28.67 in the next twelve months. This suggests a possible upside of 117.8% 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 2023?

Polaris Renewable Energy's stock was trading at C$14.07 at the start of the year. Since then, PIF stock has decreased by 6.5% and is now trading at C$13.16.
View the best growth stocks for 2023 here
.

When is Polaris Renewable Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our PIF earnings forecast
.

How were Polaris Renewable Energy's earnings last quarter?

Polaris Renewable Energy Inc. (TSE:PIF) released its quarterly earnings results on Thursday, February, 23rd. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.17. The business earned $22.91 million during the quarter, compared to the consensus estimate of $23.75 million. Polaris Renewable Energy had a negative trailing twelve-month return on equity of 0.51% and a negative net margin of 2.35%.

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 6th. Investors of record on Monday, February 13th will be paid a dividend of 0.15 per share on Friday, February 24th. This represents a $0.60 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend is Friday, February 10th.
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$0.80 per share and currently has a dividend yield of 5.34%. PIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.28%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PIF.

What other stocks do shareholders of Polaris Renewable Energy own?
What is Polaris Renewable Energy's stock symbol?

Polaris Renewable Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PIF."

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.

What is Polaris Renewable Energy's stock price today?

One share of PIF stock can currently be purchased for approximately C$13.16.

How much money does Polaris Renewable Energy make?

Polaris Renewable Energy (TSE:PIF) has a market capitalization of C$276.75 million and generates C$60.63 million in revenue each year. The company earns C$-1,420,000.00 in net income (profit) each year or C$2.09 on an earnings per share basis.

How many employees does Polaris Renewable Energy have?

The company employs 151 workers across the globe.

How can I contact Polaris Renewable Energy?

The official website for the company is www.polarisinfrastructure.com. The company can be reached via phone at 416-849-2587.

This page (TSE:PIF) was last updated on 3/21/2023 by MarketBeat.com Staff