Free Trial

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

-0.40 (-3.20%)
(As of 05/22/2024 ET)
Today's Range
50-Day Range
52-Week Range
136,788 shs
Average Volume
50,456 shs
Market Capitalization
C$255.07 million
P/E Ratio
Dividend Yield
Price Target

Polaris Renewable Energy MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
4.00 Rating Score
123.1% Upside
C$27.00 Price Target
Short Interest
Dividend Strength
Based on Four Factors
News Sentiment
1.03mentions of Polaris Renewable Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$22,390 Bought Last Quarter
Proj. Earnings Growth

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.

1.95 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

Easyjet founder calls for budget airline to list in the US
Polaris Renewable Energy Inc PIF
Polaris Renewable Energy Announces Q2 2023 Results
See More Headlines
Receive PIF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Polaris Renewable Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
Ex-Dividend for 2/23 Dividend
Dividend Payable
Ex-Dividend for 5/24 Dividend
Dividend Payable
Next Earnings (Estimated)

Industry, Sector and Symbol

Utilities - Renewable
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Strong Buy
Rating Score (0-4)
Research Coverage
1 Analysts


Net Income
C$11.39 million
Pretax Margin


Sales & Book Value

Annual Sales
C$79.04 million
Cash Flow
C$1.46 per share
Book Value
C$12.84 per share


Free Float
Market Cap
C$255.07 million
Not Optionable
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. Marc Murnaghan (Age 52)
    CEO & Director
    Comp: $894.27k
  • 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 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 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 analysts have issued 12-month price objectives for Polaris Renewable Energy's stock. Their PIF share price targets range from C$19.00 to C$35.00. On average, they predict the company's stock price to reach C$27.00 in the next year. This suggests a possible upside of 123.1% 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 at the beginning of the year. Since then, PIF shares have decreased by 8.5% and is now trading at C$12.10.
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, August 1st 2024.
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, 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.04. Polaris Renewable Energy had a trailing twelve-month return on equity of 4.21% and a net margin of 14.42%.

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, May 2nd. Shareholders of record on Monday, May 13th will be given a dividend of 0.15 per share on Friday, May 24th. This represents a $0.60 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date of this dividend is Friday, May 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$0.82 per share and currently has a dividend yield of 6.56%. PIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 109.33%. 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 5/23/2024 by Staff

From Our Partners