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

Stock Exchange TSE

Industry Utilities - Independent Power Producers

Sub-IndustryN/A

SectorUtilities

Current SymbolTSE:PIF

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.polarisinfrastructure.com

Phone416-849-2587

Employees123

Year FoundedN/A

Debt

Debt-to-Equity Ratio83.78

Current Ratio2.29

Quick Ratio2.27

Price-To-Earnings

Trailing P/E Ratio8.94

Forward P/E Ratio52.78

P/E Growth0.72

Sales & Book Value

Annual SalesC$74.72 million

Price / Sales4.64

Cash FlowC$2.97 per share

Price / Cash Flow6.39

Book ValueC$14.56 per share

Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares18,263,000

Market CapC$347.00 million

Next Earnings Date5/20/2021 (Estimated)

OptionableNot Optionable

Headlines

Polaris Infrastructure Inc. (TSE:PIF) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
April 20, 2021 | finance.yahoo.com

New $25,000,000 grant program for retailers launched by BarterPay and Retail Council of Canada
March 22, 2021 | finance.yahoo.com

Sarasin Responsible Global Equity Fund (Class P Inc) (0P0000X4DD.L)
March 14, 2021 | au.finance.yahoo.com

Polaris Infrastructure Announces Q4 2020 Results
March 4, 2021 | finance.yahoo.com

At CA$23.09, Is Polaris Infrastructure Inc. (TSE:PIF) Worth Looking At Closely?
January 27, 2021 | finance.yahoo.com

Polaris Infrastructure Extends Memorandum of Understanding for 10 MW Run-of-River Hydro Project in Panama
January 11, 2021 | finance.yahoo.com

Electric Vehicle Charging Infrastructure Market 2021 Top Manufactures Analysis, Size, Share, Trends and Forecast to 2026
December 21, 2020 | marketwatch.com

Polaris Infrastructure Announces Amended and Extended PENSA Power Purchase Agreement
December 17, 2020 | finance.yahoo.com

What Can The Trends At Polaris Infrastructure (TSE:PIF) Tell Us About Their Returns?
December 10, 2020 | finance.yahoo.com

Polaris Infrastructure (TSE:PIF) Has Compensated Shareholders With A Respectable 88% Return On Their Investment
November 10, 2020 | finance.yahoo.com

Online Powersports Market statistics and research analysis released in latest report
November 6, 2020 | marketwatch.com

Polaris Infrastructure Announces Q3 2020 Results
November 5, 2020 | finance.yahoo.com

Skyservice Business Aviation Receives Supplemental Type Certificate (STC) from Transport Canada for its Installation of Aviation Clean Air Purification Systems on Dassault Falcon 7X
October 6, 2020 | finance.yahoo.com

If You Like EPS Growth Then Check Out Polaris Infrastructure (TSE:PIF) Before It's Too Late
September 3, 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

Edited Transcript of PIF.TO earnings conference call or presentation 21-May-20 2:00pm GMT
June 25, 2020 | finance.yahoo.com

Polaris Infrastructure Announces Results of Annual meeting
June 17, 2020 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

2.24 out of 5 stars

3.8 Analyst's Opinion

Consensus Rating
Polaris Infrastructure 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.
Price Target Upside/Downside
According to analysts' consensus price target of C$28.00, Polaris Infrastructure has a forecasted upside of 46.7% from its current price of C$19.09.
Amount of Analyst Coverage
Polaris Infrastructure has only been the subject of 1 research reports in the past 90 days.

3.3 Community Rank

Outperform Votes
Polaris Infrastructure has received 162 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Polaris Infrastructure has received 86 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Polaris Infrastructure has received 65.32% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Polaris Infrastructure and other stocks. Vote “Outperform” if you believe PIF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PIF will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Polaris Infrastructure pays a meaningful dividend of 3.86%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Polaris Infrastructure does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Polaris Infrastructure is 28.22%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Polaris Infrastructure insiders have not sold or bought any company stock.

2.5 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Polaris Infrastructure is 8.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Polaris Infrastructure is 8.98, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 31.21.
Price to Earnings Growth Ratio
Polaris Infrastructure has a PEG Ratio of 0.72. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Polaris Infrastructure has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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?

Some companies that are related to Polaris Infrastructure include ContourGlobal (GLO), PowerHouse Energy Group (PHE), Healthcare Capital (HCCC), Spark Power Group (SPG), Aggregated Micro Power (AMPH), Green & Smart (GSH), AGL Energy (AGLXY), AGL Energy (AGLNF), AGL Energy (AGL), CGE Energy (CGEI), Clean Energy Technologies (CETY), Contact Energy (CEN), Drax Group (DRXGY), Energy World (EWC) and Far East Wind Power (FEWP).
View all of PIF's 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), 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 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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