Hannon Armstrong Sustainable Infrastructure Capital (HASI) Stock Price, News & Analysis

Company Overview

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. It invests in climate solution, including Behind-the-Meter that distributes energy projects which reduce energy usage or cost through heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems; Grid-Connected, a renewable energy projects that deploy cleaner energy sources, such as solar, solar-plus-storage, and wind to generate power production; and Fuels, Transport, and Nature, a range of real assets spanning high-emitting economic sectors other than the power grid such as transportation and fuels comprising renewable natural gas plants, transportation fleet enhancements, ecological restoration, and other projects. Hannon Armstrong Sustainable Infrastructure Capital, Inc. was founded in 1981 and is headquartered in Annapolis, Maryland.

Key Stats

• Today's Range: $27.76 to $28.27
• 50-Day Range: $26.89 to $35.74
• 52-Week Range: $21.77 to $36.56
• Volume: 755,778 shs
• Average Volume: 1.49 million shs
• Market Capitalization: $3.33 billion
• P/E Ratio: 15.75
• Dividend Yield: 5.92%
• Price Target: $39.83
• Consensus Rating: Buy

Hannon Armstrong Sustainable Infrastructure Capital Stock Analysis - MarketRank™

Hannon Armstrong Sustainable Infrastructure Capital scored higher than 100% of companies evaluated by MarketBeat, and ranked 1st out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Hannon Armstrong Sustainable Infrastructure Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hannon Armstrong Sustainable Infrastructure Capital has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 9.46%

Earnings Growth

Earnings for Hannon Armstrong Sustainable Infrastructure Capital are expected to grow by 9.46% in the coming year, from $2.22 to $2.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hannon Armstrong Sustainable Infrastructure Capital is 15.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hannon Armstrong Sustainable Infrastructure Capital is 15.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.60.

Price to Earnings Growth Ratio

Hannon Armstrong Sustainable Infrastructure Capital has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Hannon Armstrong Sustainable Infrastructure Capital has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.16% of the outstanding shares of Hannon Armstrong Sustainable Infrastructure Capital have been sold short.

Short Interest Ratio / Days to Cover

Hannon Armstrong Sustainable Infrastructure Capital has a short interest ratio ("days to cover") of 13.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Hannon Armstrong Sustainable Infrastructure Capital has recently increased by 2.08%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Hannon Armstrong Sustainable Infrastructure Capital is a leading dividend payer. It pays a dividend yield of 6.10%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hannon Armstrong Sustainable Infrastructure Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hannon Armstrong Sustainable Infrastructure Capital is 93.26%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Hannon Armstrong Sustainable Infrastructure Capital will have a dividend payout ratio of 68.31% next year. This indicates that Hannon Armstrong Sustainable Infrastructure Capital will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.2 / 5
• Environmental Score: 0.05

Percentage of Shares Shorted

11.16% of the outstanding shares of Hannon Armstrong Sustainable Infrastructure Capital have been sold short.

Short Interest Ratio / Days to Cover

Hannon Armstrong Sustainable Infrastructure Capital has a short interest ratio ("days to cover") of 13.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Hannon Armstrong Sustainable Infrastructure Capital has recently increased by 2.08%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.12

News Sentiment

Hannon Armstrong Sustainable Infrastructure Capital has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Hannon Armstrong Sustainable Infrastructure Capital this week, compared to 4 articles on an average week.

Search Interest

23 people have searched for HASI on MarketBeat in the last 30 days. This is an increase of 360% compared to the previous 30 days.

MarketBeat Follows

7 people have added Hannon Armstrong Sustainable Infrastructure Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Hannon Armstrong Sustainable Infrastructure Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,485.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Hannon Armstrong Sustainable Infrastructure Capital is held by insiders.

Percentage Held by Institutions

96.14% of the stock of Hannon Armstrong Sustainable Infrastructure Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HASI Stock Analysis - Frequently Asked Questions

How have HASI shares performed this year?

Hannon Armstrong Sustainable Infrastructure Capital's stock was trading at $27.58 at the beginning of the year. Since then, HASI stock has increased by 1.7% and is now trading at $28.04.
View the best growth stocks for 2024 here.

How were Hannon Armstrong Sustainable Infrastructure Capital's earnings last quarter?

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) announced its quarterly earnings data on Thursday, August, 1st. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.51 by $0.12. The real estate investment trust earned $94.52 million during the quarter, compared to analysts' expectations of $30.97 million. Hannon Armstrong Sustainable Infrastructure Capital had a trailing twelve-month return on equity of 11.53% and a net margin of 59.56%.

Does Hannon Armstrong Sustainable Infrastructure Capital have any subsidiaries?

Hannon Armstrong Sustainable Infrastructure Capital subsidiaries include these companies: Cobalt Upwind Holdings LLC, HA 7V Solar Ranch LLC, HA AllStrong LLC, HA Antelope DSR 3 LLC, HA Athena Capital Holdings LLC, HA Athos III Lender LLC, HA Brazoria 2 LLC, and more.

Who are Hannon Armstrong Sustainable Infrastructure Capital's major shareholders?

Hannon Armstrong Sustainable Infrastructure Capital's top institutional shareholders include Wellington Management Group LLP (11.12%), State Street Corp (3.73%), Swedbank AB (3.13%) and Swedbank AB (3.06%). Insiders that own company stock include Steven Chuslo, Nathaniel Rose, Susan D Nickey, Marc T Pangburn, Jeffrey Lipson, Richard J Osborne, Charles Melko, Jeffrey Eckel, Teresa Brenner, Richard Santoroski and Clarence D Armbrister.
View institutional ownership trends.

How do I buy shares of Hannon Armstrong Sustainable Infrastructure Capital?

Shares of HASI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hannon Armstrong Sustainable Infrastructure Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hannon Armstrong Sustainable Infrastructure Capital investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 10/18 Dividend: 10/04/2024
• Dividend Payable: 10/18/2024
• Today: 11/20/2024
• Ex-Dividend for 1/10 Dividend: 12/30/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/10/2025
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:HASI
• CUSIP: N/A
• CIK: 1561894
• Web: www.hannonarmstrong.com
• Phone: (410) 571-9860
• Fax: 410-571-6199
• Employees: 110
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $39.83
• High Stock Price Target: $48.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +42.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.78
• Trailing P/E Ratio: 15.75
• Forward P/E Ratio: 12.63
• P/E Growth: 1.02
• Net Income: $148.84 million
• Net Margins: 59.56%
• Pretax Margin: 83.94%
• Return on Equity: 11.53%
• Return on Assets: 3.93%

Debt

• Debt-to-Equity Ratio: 1.78
• Current Ratio: 13.55
• Quick Ratio: 13.55

Sales & Book Value

• Annual Sales: $319.87 million
• Price / Sales: 10.41
• Cash Flow: $2.11 per share
• Price / Cash Flow: 13.26
• Book Value: $19.24 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 118,790,000
• Free Float: 116,416,000
• Market Cap: $3.33 billion
• Optionable: Optionable
• Beta: 1.98