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TSE:PIFPolaris Infrastructure Stock Price, Forecast & News

C$14.59
+0.10 (+0.69 %)
(As of 07/7/2020 08:00 AM ET)
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Today's Range
C$14.43
Now: C$14.59
C$14.70
50-Day Range
C$11.36
MA: C$13.78
C$15.60
52-Week Range
C$8.59
Now: C$14.59
C$17.45
Volume33,852 shs
Average Volume81,988 shs
Market CapitalizationC$229.15 million
P/E Ratio15.36
Dividend Yield5.71%
BetaN/A
Polaris Infrastructure Inc., a renewable energy company, acquires, explores, develops, and operates renewable energy projects in Latin America. The company, through its subsidiaries, owns and operates the San Jacinto project, a 72 megawatt (MW) net capacity geothermal facility located in northwest Nicaragua. Its exploration and development property includes the Casita San Cristobal project comprising an exploration concession with an area of 100 square kilometers located in northwest Nicaragua. Polaris Infrastructure Inc. also operates a run-of-river (ROR) hydro facility of 5 MW in Canchayllo, Peru; and is developing 2 ROR hydro projects, El Carmen and 8 de Agosto in Peru. The company was formerly known as Ram Power, Corp. and changed its name to Polaris Infrastructure Inc. in May 2015. Polaris Infrastructure Inc. was incorporated in 1984 and is based in Toronto, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 3.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.34 out of 5 stars


Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone416-849-2587

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$72.92 million
Cash FlowC$2.10 per share
Book ValueC$13.45 per share

Profitability

Miscellaneous

Employees134
Market CapC$229.15 million
Next Earnings Date8/5/2020 (Estimated)
OptionableNot Optionable

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Polaris Infrastructure (TSE:PIF) Frequently Asked Questions

How has Polaris Infrastructure's stock been impacted by COVID-19 (Coronavirus)?

Polaris Infrastructure's stock was trading at C$12.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PIF stock has increased by 19.1% and is now trading at C$14.59. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Polaris Infrastructure?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Polaris Infrastructure in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Polaris Infrastructure.

When is Polaris Infrastructure's next earnings date?

Polaris Infrastructure is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Polaris Infrastructure.

How were Polaris Infrastructure's earnings last quarter?

Polaris Infrastructure Inc (TSE:PIF) posted its quarterly earnings results on Thursday, May, 21st. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.02. The business earned $27.01 million during the quarter, compared to analysts' expectations of $30.32 million. View Polaris Infrastructure's earnings history.

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

Polaris Infrastructure announced a quarterly dividend on Thursday, May 14th. Investors of record on Friday, May 29th will be given a dividend of 0.15 per share on Friday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, May 14th. View Polaris Infrastructure's dividend history.

What price target have analysts set for PIF?

2 analysts have issued twelve-month price targets for Polaris Infrastructure's shares. Their forecasts range from C$25.00 to C$25.00. On average, they expect Polaris Infrastructure's stock price to reach C$25.00 in the next twelve months. This suggests a possible upside of 71.4% from the stock's current price. View analysts' price targets for Polaris Infrastructure.

Has Polaris Infrastructure been receiving favorable news coverage?

News headlines about PIF stock have been trending negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Polaris Infrastructure earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Polaris Infrastructure.

Who are some of Polaris Infrastructure's key competitors?

What other stocks do shareholders of Polaris Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Polaris Infrastructure investors own include Dream Global REIT (DRG.UN), American Hotel Income Properties REIT (HOT.UN), Altagas (ALA), Pembina Pipeline (PPL), Medical Facilities (DR), Canadian Western Bank (CWB), Enbridge (ENB), Enbridge Income Fund (ENF), Freshii (FRII) and NFI Group (NFI).

Who are Polaris Infrastructure's key executives?

Polaris Infrastructure's management team includes the following people:
  • Mr. Marc Murnaghan, CEO & Director (Age 47)
  • Mr. Anton Jelic, Chief Financial Officer
  • Ms. Ashlee R. Carter, Consultant

What is Polaris Infrastructure's stock symbol?

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

How do I buy shares of Polaris Infrastructure?

Shares of PIF and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Polaris Infrastructure's stock price today?

One share of PIF stock can currently be purchased for approximately C$14.59.

How big of a company is Polaris Infrastructure?

Polaris Infrastructure has a market capitalization of C$229.15 million and generates C$72.92 million in revenue each year. Polaris Infrastructure employs 134 workers across the globe.

What is Polaris Infrastructure's official website?

The official website for Polaris Infrastructure is www.polarisinfrastructure.com.

How can I contact Polaris Infrastructure?

The company can be reached via phone at 416-849-2587.

This page was last updated on 7/7/2020 by MarketBeat.com Staff

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