Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Hannon Armstrong Sustainable Infrastructure Capital to post earnings of $0.59 per share and revenue of $34.16 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.
Hannon Armstrong Sustainable Infrastructure Capital Stock Performance
Shares of HASI stock traded down $0.07 during mid-day trading on Friday, reaching $28.21. The stock had a trading volume of 692,697 shares, compared to its average volume of 1,026,720. Hannon Armstrong Sustainable Infrastructure Capital has a 1-year low of $23.14 and a 1-year high of $36.56. The firm has a market cap of $3.34 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 1.06 and a beta of 1.95. The company has a current ratio of 13.55, a quick ratio of 13.55 and a debt-to-equity ratio of 1.78. The business's fifty day moving average is $28.16 and its 200-day moving average is $30.98.
Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital
In related news, CFO Marc T. Pangburn purchased 3,500 shares of Hannon Armstrong Sustainable Infrastructure Capital stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the transaction, the chief financial officer now directly owns 56,791 shares in the company, valued at approximately $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 2.00% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on HASI shares. Bank of America started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Monday, November 25th. They set a "buy" rating and a $40.00 price target for the company. JPMorgan Chase & Co. reduced their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an "overweight" rating for the company in a report on Thursday, January 23rd. StockNews.com downgraded Hannon Armstrong Sustainable Infrastructure Capital from a "hold" rating to a "sell" rating in a research report on Monday, November 11th. Truist Financial started coverage on Hannon Armstrong Sustainable Infrastructure Capital in a report on Thursday. They issued a "buy" rating and a $40.00 price objective for the company. Finally, Citigroup raised Hannon Armstrong Sustainable Infrastructure Capital from a "neutral" rating to a "buy" rating and set a $36.00 target price on the stock in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Hannon Armstrong Sustainable Infrastructure Capital presently has an average rating of "Moderate Buy" and a consensus target price of $40.23.
Get Our Latest Analysis on HASI
About Hannon Armstrong Sustainable Infrastructure Capital
(
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Hannon Armstrong Sustainable Infrastructure Capital, Inc, through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.
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