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TSE:PIF

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

C$13.55
-0.45 (-3.21%)
(As of 10/3/2023 ET)
Compare
Today's Range
C$13.51
C$13.95
50-Day Range
C$13.77
C$15.63
52-Week Range
C$12.72
C$17.10
Volume
53,748 shs
Average Volume
30,664 shs
Market Capitalization
C$284.96 million
P/E Ratio
19.64
Dividend Yield
6.05%
Price Target
C$23.00

Polaris Renewable Energy MarketRank™ Forecast

Analyst Rating
Buy
3.33 Rating Score
Upside/​Downside
69.7% Upside
C$23.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

2.03 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. It operates a 72 MW net geothermal facility in Nicaragua; and 4 run-of-river hydroelectric facilities in Peru and Ecuador with approximately 33 MW net capacity; and solar project in the Dominican Republic and 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 Price History

PIF Stock News Headlines

Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”
Polaris Renewable Energy Announces Q2 2023 Results
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Polaris Renewable Energy Inc (N4T.SG)
PIF:CA Polaris Renewable Energy Inc.
Stocks in play: Polaris Renewable Energy Inc.
See More Headlines
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PIF Company Calendar

Last Earnings
8/03/2023
Ex-Dividend for 8/25 Dividend
8/11/2023
Dividend Payable
8/25/2023
Today
10/03/2023
Next Earnings (Estimated)
11/02/2023

Industry, Sector and Symbol

Industry
Utilities - Renewable
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
208
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$23.00
High Stock Price Forecast
C$26.00
Low Stock Price Forecast
C$20.00
Forecasted Upside/Downside
+69.7%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
C$10.83 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$72.28 million
Cash Flow
C$1.63 per share
Book Value
C$12.98 per share

Miscellaneous

Free Float
N/A
Market Cap
C$284.96 million
Optionable
Not Optionable
Beta
0.91
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Key Executives

  • Mr. Marc Murnaghan (Age 51)
    CEO & Director
    Comp: $656.36k
  • 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?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Polaris Renewable Energy in the last twelve months. There are currently 2 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?

3 brokerages have issued twelve-month price targets for Polaris Renewable Energy's shares. Their PIF share price forecasts range from C$20.00 to C$26.00. On average, they expect the company's stock price to reach C$23.00 in the next year. This suggests a possible upside of 69.7% 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 on January 1st, 2023. Since then, PIF shares have decreased by 3.7% and is now trading at C$13.55.
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, November 2nd 2023.
View our PIF earnings forecast
.

How were Polaris Renewable Energy's earnings last quarter?

Polaris Renewable Energy Inc. (TSE:PIF) posted its quarterly earnings results on Thursday, August, 3rd. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.12. The firm had revenue of $27.96 million for the quarter, compared to analysts' expectations of $27.43 million. Polaris Renewable Energy had a net margin of 14.98% and a trailing twelve-month return on equity of 4.11%.

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 Thursday, August 3rd. Shareholders of record on Monday, August 14th will be paid a dividend of 0.15 per share on Friday, August 25th. This represents a $0.60 annualized dividend and a dividend yield of 4.43%. The ex-dividend date of this dividend is Friday, August 11th.
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 5.92%. PIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 118.84%. 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$13.55.

How much money does Polaris Renewable Energy make?

Polaris Renewable Energy (TSE:PIF) has a market capitalization of C$284.96 million and generates C$72.28 million in revenue each year. The company earns C$10.83 million in net income (profit) each year or C$0.69 on an earnings per share basis.

How many employees does Polaris Renewable Energy have?

The company employs 208 workers across the globe.

How can I contact Polaris Renewable Energy?

Polaris Renewable Energy's mailing address is 7 St. Thomas Street, Suite 606, Toronto, ON M5S 2B7, Canada, . 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 10/3/2023 by MarketBeat.com Staff

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