TSE:PIF Polaris Renewable Energy - PIF Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Polaris Renewable Energy Inc. Please log in to your account or sign up in order to add this asset to your watchlist. C$14.84 +0.48 (+3.34%) (As of 02/2/2023 12:50 PM ET) Add Compare Share Share Today's RangeC$14.49▼C$15.0050-Day RangeC$13.40▼C$15.2252-Week RangeC$13.34▼C$23.05Volume60,101 shsAverage Volume43,414 shsMarket CapitalizationC$312.03 millionP/E Ratio92.75Dividend Yield5.39%Price TargetC$29.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media About Polaris Renewable Energy (TSE:PIF) StockPolaris 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.Read More 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 PIF Stock News HeadlinesJanuary 3, 2023 | ca.finance.yahoo.comStocks in play: Polaris Renewable Energy Inc.January 3, 2023 | finanznachrichten.dePolaris Renewable Energy Inc.: Binary Unit Commences OperationsFebruary 2, 2023 | PressReach (Ad)Top AI Tech Stock To WatchToday's stock market news features a Robotics stock with blue sky potential.December 20, 2022 | finance.yahoo.comCapital Allocation Trends At Polaris Renewable Energy (TSE:PIF) Aren't IdealDecember 13, 2022 | finance.yahoo.comPolaris Renewable Energy Adds Expertise to Work with the BoardNovember 9, 2022 | finance.yahoo.comPolaris Renewable Energy Third Quarter 2022 Earnings: Misses ExpectationsNovember 3, 2022 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Announces Q3 2022 ResultsNovember 3, 2022 | finance.yahoo.comPolaris Renewable Energy Announces Q3 2022 ResultsFebruary 2, 2023 | PressReach (Ad)Top AI Tech Stock To WatchToday's stock market news features a Robotics stock with blue sky potential.October 22, 2022 | finance.yahoo.comPolaris Renewable Energy Inc.'s (TSE:PIF) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?October 20, 2022 | theglobeandmail.comPolaris Renewable Energy: Top 10 Undervalued Utilities Sector Stocks on TSX (PIF)September 25, 2022 | finance.yahoo.comThe three-year decline in earnings might be taking its toll on Polaris Renewable Energy (TSE:PIF) shareholders as stock falls 12% over the past weekSeptember 21, 2022 | theglobeandmail.comPolaris Renewable Energy: Top 10 Undervalued Utilities Stocks on TSX (PIF)September 20, 2022 | finance.yahoo.comIIROC Trading Halt - PIF.DBSeptember 9, 2022 | benzinga.comPolaris Renewable Energy Closes Third Acquisition...September 8, 2022 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Closes Third Acquisition in 2022 - EcuadorSeptember 8, 2022 | wsj.comPolaris Renewable Energy Inc.September 7, 2022 | finance.yahoo.comPolaris Renewable Energy Closes Third Acquisition in 2022 - EcuadorAugust 10, 2022 | finanznachrichten.dePolaris Renewable Energy Inc.: Polaris Renewable Energy Issues Notice of Redemption for 7.00% Unsecured Convertible DebenturesAugust 4, 2022 | finance.yahoo.comPolaris Renewable Energy Announces Q2 2022 ResultsAugust 4, 2022 | finance.yahoo.comPolaris Renewable Energy Declares Quarterly DividendAugust 2, 2022 | theglobeandmail.comPolaris Infrastructure Inc stock gained on Friday.July 15, 2022 | baystreet.caGobiMin, Polaris, Uni-Select at 52-Week HighsJuly 12, 2022 | apnews.comFairwinds Adds Automated Remediation to Polaris Open Source ToolJuly 4, 2022 | finance.yahoo.comIs Now An Opportune Moment To Examine Polaris Infrastructure Inc. (TSE:PIF)?June 28, 2022 | finanznachrichten.dePolaris Infrastructure, Inc.: Polaris Infrastructure Announces Closing of Acquisition in the Dominican RepublicJune 28, 2022 | finance.yahoo.comPolaris Infrastructure Announces Closing of Acquisition in the Dominican RepublicSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 PIF Company Calendar Last Earnings8/05/2021Ex-Dividend for 11/25 Dividend11/10/2022Dividend Payable11/25/2022Today2/02/2023Next Earnings (Estimated)2/23/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Utilities - Independent Power Producers Sub-IndustryN/A SectorUtilities Current SymbolTSE:PIF CUSIPN/A CIKN/A Webwww.polarisinfrastructure.com Phone416-849-2587FaxN/AEmployees151Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$29.33 High Stock Price ForecastC$40.00 Low Stock Price ForecastC$21.00 Forecasted Upside/Downside+97.7%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio92.75 Forward P/E Ratio16.67 P/E Growth3.28Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio70.15 Current Ratio1.85 Quick Ratio1.64 Sales & Book Value Annual SalesC$60.63 million Price / Sales5.15 Cash FlowC$1.79 per share Price / Cash Flow8.31 Book ValueC$12.83 per share Price / Book1.16Miscellaneous Outstanding Shares21,026,000Free FloatN/AMarket CapC$312.03 million OptionableNot Optionable BetaN/A Key ExecutivesMr. Marc Murnaghan (Age 50)CEO & Director Comp: $562.9kMr. Anthony Jelic CPACGA, Chief Financial OfficerMr. Alexis Guillermo OsornoSr. VP of Latin AmericaKey CompetitorsAltius Renewable RoyaltiesTSE:ARRJust Energy GroupTSE:JETidewater RenewablesTSE:LCFSMaxim PowerTSE:MXGGlobal Water ResourcesTSE:GWRView 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 twelve months. 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 research analysts have issued 12 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 predict the company's share price to reach C$29.33 in the next year. This suggests a possible upside of 104.3% 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 stock has increased by 2.1% and is now trading at C$14.36. 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) issued its earnings results on Thursday, August, 5th. The company reported $0.01 EPS for the quarter, missing the consensus estimate 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 declared 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 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date 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$14.36. How much money does Polaris Renewable Energy make? Polaris Renewable Energy (TSE:PIF) has a market capitalization of C$301.93 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 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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