Polaris Renewable Energy - PIF Stock Forecast, Price & News

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.

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.

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

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%.

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.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Polaris Renewable Energy investors own include Dream Global REIT (DRG.UN), American Hotel Income Properties REIT (HOT.UN), Pembina Pipeline (PPL), AltaGas (ALA), Enbridge (ENB), Brookfield Property Partners (BPY.UN), Medical Facilities (DR), NFI Group (NFI), Aurora Cannabis (ACB) and Automotive Properties Real Est Invt TR (APR.UN).

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

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

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.

The company employs 151 workers across the globe.

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