TSE:PIF Polaris Renewable Energy (PIF) Stock Price, News & Analysis C$12.97 +0.30 (+2.37%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$12.62▼C$13.0650-Day RangeC$11.96▼C$13.8052-Week RangeC$11.08▼C$15.77Volume28,788 shsAverage Volume49,373 shsMarket CapitalizationC$273.41 millionP/E Ratio17.29Dividend Yield6.32%Price TargetC$24.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Polaris Renewable Energy alerts: Email Address Polaris Renewable Energy MarketRank™ Stock AnalysisAnalyst RatingStrong Buy3.50 Rating ScoreUpside/Downside90.2% UpsideC$24.67 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.10Based on 12 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.28 out of 5 stars 3.8 Analyst's Opinion Consensus RatingPolaris Renewable Energy has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoveragePolaris Renewable Energy has only been the subject of 1 research reports in the past 90 days.Read more about Polaris Renewable Energy's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PIF. Previous Next 1.7 Dividend Strength Dividend LeadershipPolaris Renewable Energy is a leading dividend payer. It pays a dividend yield of 6.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPolaris Renewable Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Polaris Renewable Energy is 109.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Polaris Renewable Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PIF. Previous Next 3.9 News and Social Media Coverage News SentimentPolaris Renewable Energy has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Polaris Renewable Energy this week, compared to 0 articles on an average week.Search Interest6 people have searched for PIF on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Polaris Renewable Energy to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Polaris Renewable Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.07% of the stock of Polaris Renewable Energy is held by insiders.Percentage Held by InstitutionsOnly 22.59% of the stock of Polaris Renewable Energy is held by institutions.Read more about Polaris Renewable Energy's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Polaris Renewable Energy is 17.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Polaris Renewable Energy is 17.29, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.53.Price to Earnings Growth RatioPolaris Renewable Energy has a PEG Ratio of 3.28. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPolaris Renewable Energy has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Polaris Renewable Energy's valuation and earnings. 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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.Read More PIF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PIF Stock News HeadlinesJuly 26 at 1:19 AM | americanbankingnews.comPolaris Renewable Energy Inc. (TSE:PIF) to Post Q2 2024 Earnings of $0.15 Per Share, Cormark ForecastsJuly 23 at 4:54 PM | finance.yahoo.comUtilities—Renewable (Industry) (^YH20710020)July 26, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 22, 2024 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q2 2024 Investor Call DetailsJuly 20, 2024 | americanbankingnews.comFY2025 EPS Estimates for Polaris Renewable Energy Inc. (TSE:PIF) Raised by National Bank FinancialJuly 17, 2024 | americanbankingnews.comPolaris Renewable Energy (TSE:PIF) Given New C$20.00 Price Target at National BanksharesMay 6, 2024 | finance.yahoo.comAre Investors Undervaluing Polaris Renewable Energy Inc. (TSE:PIF) By 32%?May 2, 2024 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q1 2024 ResultsJuly 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.February 19, 2024 | ca.finance.yahoo.comWe Like These Underlying Return On Capital Trends At Seacera Group Berhad (KLSE:SEACERA)February 19, 2024 | uk.finance.yahoo.comEasyjet founder calls for budget airline to list in the USFebruary 19, 2024 | ca.finance.yahoo.comDo Environmental Group's (ASX:EGL) Earnings Warrant Your Attention?February 18, 2024 | finance.yahoo.comIs Polaris Renewable Energy Inc. (TSE:PIF) Potentially Undervalued?January 22, 2024 | finance.yahoo.comThe past three years for Polaris Renewable Energy (TSE:PIF) investors has not been profitableNovember 15, 2023 | theglobeandmail.comPolaris Renewable Energy: Top 10 Undervalued Utilities - Independent Power Producers Industry Stocks (PIF)November 7, 2023 | finance.yahoo.comPolaris Renewable Energy (TSE:PIF) Could Be Struggling To Allocate CapitalNovember 2, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q3 2023 ResultsOctober 31, 2023 | morningstar.comPolaris Renewable Energy Inc PIFSee 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. Email Address Company Calendar Last Earnings5/02/2024Ex-Dividend for 5/24 Dividend5/10/2024Dividend Payable5/24/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorUtilities Industry Utilities - Renewable Sub-IndustryN/A Current SymbolTSE:PIF CUSIPN/A CIKN/A Webwww.polarisinfrastructure.com Phone416-849-2587FaxN/AEmployees235Year FoundedN/APrice Target and Rating Average Stock Price TargetC$24.67 High Stock Price TargetC$35.00 Low Stock Price TargetC$19.00 Potential Upside/Downside+90.2%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.75 Trailing P/E Ratio17.29 Forward P/E Ratio18.55 P/E Growth3.28Net IncomeC$11.39 million Net Margins14.42% Pretax MarginN/A Return on Equity4.21% Return on Assets3.40% Debt Debt-to-Equity Ratio63.65 Current Ratio1.87 Quick Ratio1.64 Sales & Book Value Annual SalesC$79.04 million Price / Sales3.46 Cash FlowC$1.56 per share Price / Cash Flow8.31 Book ValueC$12.84 per share Price / Book1.01Miscellaneous Outstanding Shares21,080,000Free FloatN/AMarket CapC$273.41 million OptionableNot Optionable Beta0.89 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Marc Murnaghan (Age 52)CEO & Director Comp: $894.27kMr. Anthony Jelic CPACGA, Chief Financial OfficerMr. Alexis Guillermo OsornoSenior Vice President of Latin AmericaMs. Alba SeisdedosVice President of Taxation & Legal AffairsMr. Guzman FernandezVice President of Corporate DevelopmentMr. Michael KosianicExecutive Vice President of Project FinanceMs. Denise ParadaVice President of Sustainability & TransformationMore ExecutivesKey CompetitorsAltius Renewable RoyaltiesTSE:ARRTidewater RenewablesTSE:LCFSSpark Power GroupTSE:SPGGreen Impact PartnersCVE:GIPUGE InternationalCVE:UGEView All CompetitorsInsidersMarc MurnaghanBought 2,000 shares on 3/18/2024Total: C$22,390.40 ($11.20/share)Anthony Nenard JelicBought 125 shares on 12/11/2023Total: C$1,578.75 ($12.63/share)Anthony Nenard JelicSold 60,000 sharesTotal: C$785,616.00 ($13.09/share)View All Insider Transactions PIF Stock Analysis - Frequently Asked Questions How have PIF shares performed this year? Polaris Renewable Energy's stock was trading at C$13.23 at the beginning of 2024. Since then, PIF shares have decreased by 2.0% and is now trading at C$12.97. View the best growth stocks for 2024 here. How were Polaris Renewable Energy's earnings last quarter? Polaris Renewable Energy Inc. (TSE:PIF) released its earnings results on Thursday, May, 2nd. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.10. The business earned $27.82 million during the quarter, compared to analysts' expectations of $28.01 million. Polaris Renewable Energy had a net margin of 14.42% and a trailing twelve-month return on equity of 4.21%. 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 other stocks do shareholders of Polaris Renewable Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Medical Facilities (DR). This page (TSE:PIF) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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