TSE:PIF

Polaris Renewable Energy - PIF Stock Forecast, Price & News

C$14.91

+0.01 (+0.07%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: C$14.75
▼
C$15.01
50-Day Range: C$13.40
▼
C$15.22
52-Week Range: C$13.34
▼
C$23.05

Volume: 51,693 shs
Average Volume: 45,535 shs
Market Capitalization: C$313.50 million

P/E Ratio: 93.19
Dividend Yield: 5.39%
Price Target: C$29.33

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. The company operates a 72 MW net geothermal facility in Nicaragua; and three run-of-river hydroelectric facilities in Peru with approximately 5 MW net, 8 MW net, and 20 MW net capacity. It also operates a solar project in the Dominican Republic with 32.6 MWdc. 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 based in Toronto, Canada.

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PIF Stock News Headlines

January 3, 2023 | ca.finance.yahoo.com

Stocks in play: Polaris Renewable Energy Inc.

January 3, 2023 | finanznachrichten.de

Polaris Renewable Energy Inc.: Binary Unit Commences Operations

February 3, 2023 | Tradewins (Ad)

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December 20, 2022 | finance.yahoo.com

Capital Allocation Trends At Polaris Renewable Energy (TSE:PIF) Aren't Ideal

December 13, 2022 | finance.yahoo.com

Polaris Renewable Energy Adds Expertise to Work with the Board

November 9, 2022 | finance.yahoo.com

Polaris Renewable Energy Third Quarter 2022 Earnings: Misses Expectations

November 3, 2022 | finanznachrichten.de

Polaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q3 2022 Results

November 3, 2022 | finance.yahoo.com

Polaris Renewable Energy Announces Q3 2022 Results

February 3, 2023 | Wall Street Watch Dogs (Ad)

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October 22, 2022 | finance.yahoo.com

Polaris Renewable Energy Inc.'s (TSE:PIF) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

October 20, 2022 | theglobeandmail.com

Polaris Renewable Energy: Top 10 Undervalued Utilities Sector Stocks on TSX (PIF)

September 25, 2022 | finance.yahoo.com

The three-year decline in earnings might be taking its toll on Polaris Renewable Energy (TSE:PIF) shareholders as stock falls 12% over the past week

September 21, 2022 | theglobeandmail.com

Polaris Renewable Energy: Top 10 Undervalued Utilities Stocks on TSX (PIF)

September 20, 2022 | finance.yahoo.com

IIROC Trading Halt - PIF.DB

September 9, 2022 | benzinga.com

Polaris Renewable Energy Closes Third Acquisition...

September 8, 2022 | finanznachrichten.de

Polaris Renewable Energy Inc.: Polaris Renewable Energy Closes Third Acquisition in 2022 - Ecuador

September 8, 2022 | wsj.com

Polaris Renewable Energy Inc.

September 7, 2022 | finance.yahoo.com

Polaris Renewable Energy Closes Third Acquisition in 2022 - Ecuador

August 10, 2022 | finanznachrichten.de

Polaris Renewable Energy Inc.: Polaris Renewable Energy Issues Notice of Redemption for 7.00% Unsecured Convertible Debentures

August 4, 2022 | finance.yahoo.com

Polaris Renewable Energy Announces Q2 2022 Results

August 4, 2022 | finance.yahoo.com

Polaris Renewable Energy Declares Quarterly Dividend

August 2, 2022 | theglobeandmail.com

Polaris Infrastructure Inc stock gained on Friday.

July 15, 2022 | baystreet.ca

GobiMin, Polaris, Uni-Select at 52-Week Highs

July 12, 2022 | apnews.com

Fairwinds Adds Automated Remediation to Polaris Open Source Tool

July 4, 2022 | finance.yahoo.com

Is Now An Opportune Moment To Examine Polaris Infrastructure Inc. (TSE:PIF)?

June 28, 2022 | finanznachrichten.de

Polaris Infrastructure, Inc.: Polaris Infrastructure Announces Closing of Acquisition in the Dominican Republic

June 28, 2022 | finance.yahoo.com

Polaris Infrastructure Announces Closing of Acquisition in the Dominican Republic

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PIF Company Calendar

Last Earnings: 8/05/2021
Ex-Dividend for 11/25 Dividend: 11/10/2022
Dividend Payable: 11/25/2022
Today: 2/03/2023
Next Earnings (Estimated): 2/23/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Utilities - Independent Power Producers
Sub-Industry: N/A
Sector: Utilities
Current Symbol: TSE:PIF
CUSIP: N/A
CIK: N/A
Web: www.polarisinfrastructure.com
Phone: 416-849-2587
Fax: N/A
Employees: 151
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$29.33
High Stock Price Forecast: C$40.00
Low Stock Price Forecast: C$21.00
Forecasted Upside/Downside: +96.7%
Consensus Rating: Buy
Rating Score (0-4): 3.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 93.19
Forward P/E Ratio: 16.75
P/E Growth: 3.28
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 70.15
Current Ratio: 1.85
Quick Ratio: 1.64

Sales & Book Value

Annual Sales: C$60.63 million
Price / Sales: 5.17
Cash Flow: C$1.79 per share
Price / Cash Flow: 8.31
Book Value: C$12.83 per share
Price / Book: 1.16

Miscellaneous

Outstanding Shares: 21,026,000
Free Float: N/A
Market Cap: C$313.50 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Marc Murnaghan (Age 50)
CEO & Director
Comp: $562.9k

Mr. Anthony Jelic CPA
CGA, Chief Financial Officer

Mr. Alexis Guillermo Osorno
Sr. VP of Latin America

Key Competitors

View All Competitors

PIF Stock - Frequently Asked Questions

Should I buy or sell Polaris Renewable Energy stock right now?: 4 Wall Street 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 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?: 4 Wall Street analysts have issued twelve-month price objectives for Polaris Renewable Energy's shares. Their PIF share price forecasts range from C$21.00 to C$40.00. On average, they anticipate the company's share price to reach C$29.33 in the next twelve months. This suggests a possible upside of 96.1% 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 2023?: Polaris Renewable Energy's stock was trading at C$14.07 at the beginning of 2023. Since then, PIF shares have increased by 6.3% and is now trading at C$14.96.
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, February 23rd 2023.
View our PIF earnings forecast.
How were Polaris Renewable Energy's earnings last quarter?: Polaris Renewable Energy Inc. (TSE:PIF) announced its earnings results on Thursday, August, 5th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.04.
How often does Polaris Renewable Energy pay dividends? What is the dividend yield for Polaris Renewable Energy?: Polaris Renewable Energy announced a quarterly dividend on Thursday, November 10th. Investors of record on Friday, November 25th will be given a dividend of 0.15 per share on Friday, November 25th. This represents a $0.60 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend is Thursday, November 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$0.60 per share and currently has a dividend yield of 5.39%. PIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 375.00%. 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?: 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).
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$14.96.
How much money does Polaris Renewable Energy make?: Polaris Renewable Energy (TSE:PIF) has a market capitalization of C$314.55 million and generates C$60.63 million in revenue each year.
How many employees does Polaris Renewable Energy have?: The company employs 151 workers across the globe.
How can I contact Polaris Renewable Energy?: 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 2/3/2023 by MarketBeat.com Staff

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