SolarBank Co. (NASDAQ:SUUN - Free Report) - HC Wainwright upped their FY2025 EPS estimates for SolarBank in a note issued to investors on Tuesday, March 18th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings of ($0.01) per share for the year, up from their previous estimate of ($0.04). HC Wainwright has a "Buy" rating and a $6.00 price objective on the stock. The consensus estimate for SolarBank's current full-year earnings is ($0.04) per share. HC Wainwright also issued estimates for SolarBank's Q4 2025 earnings at $0.02 EPS.
SolarBank Stock Down 5.6 %
Shares of SUUN stock traded down $0.18 during trading hours on Thursday, reaching $3.04. 440,089 shares of the company's stock were exchanged, compared to its average volume of 87,427. The stock has a market cap of $98.30 million and a PE ratio of -13.82. The company has a current ratio of 0.91, a quick ratio of 0.68 and a debt-to-equity ratio of 0.92. The stock's fifty day moving average price is $3.73 and its two-hundred day moving average price is $3.32. SolarBank has a 1 year low of $1.95 and a 1 year high of $7.50.
SolarBank (NASDAQ:SUUN - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.04). SolarBank had a negative return on equity of 15.19% and a negative net margin of 10.64%. The business had revenue of $2.93 million for the quarter, compared to analysts' expectations of $16.44 million.
Institutional Trading of SolarBank
An institutional investor recently raised its position in SolarBank stock. Virtu Financial LLC raised its holdings in shares of SolarBank Co. (NASDAQ:SUUN - Free Report) by 91.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,075 shares of the company's stock after acquiring an additional 11,051 shares during the period. Virtu Financial LLC owned approximately 0.07% of SolarBank worth $103,000 at the end of the most recent quarter.
About SolarBank
(
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SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects.
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