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TSE:PIF

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

C$14.37
+0.22 (+1.55%)
(As of 06/8/2023 ET)
Compare
Today's Range
C$14.06
C$14.43
50-Day Range
C$12.91
C$15.09
52-Week Range
C$12.72
C$23.05
Volume
21,823 shs
Average Volume
33,991 shs
Market Capitalization
C$302.20 million
P/E Ratio
49.55
Dividend Yield
5.71%
Price Target
C$28.67

Polaris Renewable Energy MarketRank™ Forecast

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
99.5% Upside
C$28.67 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$26,220 Bought Last Quarter
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.

2.09 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

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Polaris Renewable Energy Inc (N4T.SG)
PIF:CA Polaris Renewable Energy Inc.
Stocks in play: Polaris Renewable Energy Inc.
See More Headlines

PIF Price History

PIF Company Calendar

Last Earnings
8/05/2021
Ex-Dividend for 5/26 Dividend
5/12/2023
Dividend Payable
5/26/2023
Today
6/08/2023
Next Earnings (Estimated)
8/03/2023

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
+102.6%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
C$4.66 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$66.65 million
Cash Flow
C$1.70 per share
Book Value
C$12.90 per share

Miscellaneous

Free Float
N/A
Market Cap
C$297.57 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 analysts have issued "buy," "hold," and "sell" ratings for Polaris Renewable Energy in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 analysts have issued twelve-month target prices for Polaris Renewable Energy's stock. Their PIF share price forecasts range from C$20.00 to C$40.00. On average, they expect the company's share price to reach C$28.67 in the next twelve months. This suggests a possible upside of 102.6% 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 beginning of 2023. Since then, PIF stock has increased by 0.6% and is now trading at C$14.15.
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, August 3rd 2023.
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, August, 5th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. Polaris Renewable Energy had a net margin of 7.00% and a trailing twelve-month return on equity of 1.76%.

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

Polaris Renewable Energy announced a quarterly dividend on Thursday, May 4th. Shareholders of record on Monday, May 15th will be given a dividend of 0.15 per share on Friday, May 26th. This represents a $0.60 annualized dividend and a dividend yield of 4.24%. The ex-dividend date of this dividend is Friday, May 12th.
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$0.82 per share and currently has a dividend yield of 5.79%. PIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 282.76%. 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?
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$14.15.

How much money does Polaris Renewable Energy make?

Polaris Renewable Energy (TSE:PIF) has a market capitalization of C$297.57 million and generates C$66.65 million in revenue each year. The company earns C$4.66 million in net income (profit) each year or C$0.29 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 6/8/2023 by MarketBeat.com Staff

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