Hannon Armstrong Sustainable Infrastructure Capital (HASI) Set to Announce Quarterly Earnings on Thursday

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) will be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.51 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI - Get Free Report) last released its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.12. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 12.13% and a net margin of 69.21%. The company had revenue of $94.52 million for the quarter, compared to analyst estimates of $30.97 million. During the same quarter in the previous year, the company posted $0.53 earnings per share. On average, analysts expect Hannon Armstrong Sustainable Infrastructure Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 0.1 %

Shares of NYSE HASI traded down $0.05 during trading on Thursday, hitting $34.99. 871,912 shares of the company were exchanged, compared to its average volume of 1,021,387. The company has a fifty day moving average price of $33.94 and a 200-day moving average price of $31.56. The company has a debt-to-equity ratio of 1.77, a quick ratio of 13.27 and a current ratio of 13.27. The firm has a market capitalization of $3.99 billion, a PE ratio of 17.17, a P/E/G ratio of 1.28 and a beta of 1.98. Hannon Armstrong Sustainable Infrastructure Capital has a 12-month low of $16.80 and a 12-month high of $36.15.

Analysts Set New Price Targets

Several equities analysts have weighed in on HASI shares. The Goldman Sachs Group boosted their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $28.00 to $32.00 and gave the company a "neutral" rating in a report on Monday, August 5th. Citigroup increased their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $24.00 to $36.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Mizuho raised their target price on Hannon Armstrong Sustainable Infrastructure Capital from $31.00 to $34.00 and gave the stock an "outperform" rating in a research note on Friday, July 26th. Robert W. Baird upped their price target on Hannon Armstrong Sustainable Infrastructure Capital from $36.00 to $47.00 and gave the company an "outperform" rating in a research note on Friday, September 27th. Finally, Baird R W raised Hannon Armstrong Sustainable Infrastructure Capital to a "strong-buy" rating in a research report on Friday, September 27th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $39.83.

Hannon Armstrong Sustainable Infrastructure Capital Company Profile

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.