TSE:PIF

Polaris Infrastructure Stock Forecast, Price & News

C$19.00
-0.61 (-3.11 %)
(As of 04/20/2021 01:29 PM ET)
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Today's Range
C$18.95
Now: C$19.00
C$19.70
50-Day Range
C$19.25
MA: C$20.50
C$21.86
52-Week Range
C$10.75
Now: C$19.00
C$24.41
Volume131,472 shs
Average Volume128,706 shs
Market CapitalizationC$347.00 million
P/E Ratio8.94
Dividend Yield3.86%
BetaN/A
Polaris Infrastructure Inc. acquires, 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. It also operates run-of-river (ROR) hydro facility of 5 MW in Canchayllo, Peru; and 2 ROR hydro projects with the capacity of approximately 8 MW (net) and 20 MW (net) 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.

Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone416-849-2587
Employees123
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$74.72 million
Cash FlowC$2.97 per share
Book ValueC$14.56 per share

Profitability

Miscellaneous

Market CapC$347.00 million
Next Earnings Date5/20/2021 (Estimated)
OptionableNot Optionable

Headlines

Polaris Infrastructure Announces Q4 2020 Results
March 4, 2021 |  finance.yahoo.com
Polaris Infrastructure Announces Q3 2020 Results
November 5, 2020 |  finance.yahoo.com
3 Top Clean Energy to Stocks to Buy and Hold Forever
August 15, 2020 |  ca.finance.yahoo.com
Stock Market Crash: 3 Defensive Stars to Stash
August 6, 2020 |  ca.finance.yahoo.com
Polaris Infrastructure Announces Q2 2020 Results
August 6, 2020 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.24 out of 5 stars

Analyst Opinion: 3.8Community Rank: 3.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
C$19.00
-0.61 (-3.11 %)
(As of 04/20/2021 01:29 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Polaris Infrastructure (TSE:PIF) Frequently Asked Questions

Is Polaris Infrastructure a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Polaris Infrastructure in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" Polaris Infrastructure stock.
View analyst ratings for Polaris Infrastructure
or view top-rated stocks.

What stocks does MarketBeat like better than Polaris Infrastructure?

Wall Street analysts have given Polaris Infrastructure a "Strong Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Polaris Infrastructure wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Polaris Infrastructure's next earnings date?

Polaris Infrastructure is scheduled to release its next quarterly earnings announcement on Thursday, May 20th 2021.
View our earnings forecast for Polaris Infrastructure
.

How were Polaris Infrastructure's earnings last quarter?

Polaris Infrastructure Inc. (TSE:PIF) issued its quarterly earnings results on Thursday, March, 4th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. The company had revenue of $24.08 million for the quarter, compared to analysts' expectations of $25.60 million.
View Polaris Infrastructure's earnings history
.

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

Polaris Infrastructure's stock was trading at C$12.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PIF stock has increased by 55.1% and is now trading at C$19.00.
View which stocks have been most impacted by COVID-19
.

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

Polaris Infrastructure declared a quarterly dividend on Thursday, February 18th. Stockholders of record on Friday, February 26th will be paid a dividend of 0.15 per share on Friday, February 26th. This represents a $0.60 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, February 18th.
View Polaris Infrastructure's dividend history
.

Is Polaris Infrastructure a good dividend stock?

Polaris Infrastructure pays an annual dividend of C$0.60 per share and currently has a dividend yield of 3.86%. The dividend payout ratio of Polaris Infrastructure is 28.22%. This payout ratio is at a healthy, sustainable level, below 75%.
View Polaris Infrastructure's dividend history.

What price target have analysts set for PIF?

2 brokers have issued 12-month price targets for Polaris Infrastructure's stock. Their forecasts range from C$28.00 to C$28.00. On average, they anticipate Polaris Infrastructure's share price to reach C$28.00 in the next year. This suggests a possible upside of 47.4% from the stock's current price.
View analysts' price targets for Polaris Infrastructure
or view top-rated stocks among Wall Street analysts.

Who are Polaris Infrastructure's key executives?

Polaris Infrastructure's management team includes the following people:
  • Mr. Marc Murnaghan, CEO & Director (Age 49, Pay $577.72k)
  • Mr. Anthony Jelic CPA, CGA, Chief Financial Officer

Who are some of Polaris Infrastructure's key competitors?

What other stocks do shareholders of Polaris Infrastructure own?

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 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 Infrastructure's stock price today?

One share of PIF stock can currently be purchased for approximately C$19.00.

How much money does Polaris Infrastructure make?

Polaris Infrastructure has a market capitalization of C$347.00 million and generates C$74.72 million in revenue each year.

How many employees does Polaris Infrastructure have?

Polaris Infrastructure employs 123 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 4/20/2021 by MarketBeat.com Staff
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