Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - Equities research analysts at Ventum Cap Mkts upped their FY2025 earnings estimates for shares of Polaris Renewable Energy in a report issued on Friday, November 1st. Ventum Cap Mkts analyst D. Schilling now forecasts that the company will post earnings of $0.72 per share for the year, up from their previous estimate of $0.61. The consensus estimate for Polaris Renewable Energy's current full-year earnings is $0.65 per share.
Other equities research analysts have also recently issued research reports about the company. Raymond James lifted their price target on Polaris Renewable Energy from C$19.00 to C$21.00 and gave the company a "strong-buy" rating in a report on Friday. National Bankshares increased their price target on Polaris Renewable Energy from C$19.00 to C$20.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 16th.
Read Our Latest Stock Report on PIF
Polaris Renewable Energy Stock Performance
Shares of Polaris Renewable Energy stock traded up C$0.30 during trading on Monday, hitting C$12.40. 57,380 shares of the stock were exchanged, compared to its average volume of 45,262. The stock has a market cap of C$261.39 million, a PE ratio of 25.02, a P/E/G ratio of 3.28 and a beta of 0.97. The stock's fifty day moving average is C$12.31 and its 200 day moving average is C$12.50. Polaris Renewable Energy has a 12 month low of C$11.08 and a 12 month high of C$14.14. The company has a debt-to-equity ratio of 62.63, a quick ratio of 1.64 and a current ratio of 1.86.
Polaris Renewable Energy (TSE:PIF - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$0.07 EPS for the quarter, missing analysts' consensus estimates of C$0.10 by C($0.03). Polaris Renewable Energy had a return on equity of 2.88% and a net margin of 10.08%. The company had revenue of C$25.59 million for the quarter, compared to the consensus estimate of C$25.50 million.
Polaris Renewable Energy Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, November 22nd will be issued a $0.203 dividend. This represents a $0.81 annualized dividend and a dividend yield of 6.55%. The ex-dividend date of this dividend is Friday, November 8th. Polaris Renewable Energy's dividend payout ratio (DPR) is presently 164.00%.
About Polaris Renewable Energy
(
Get Free Report)
Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.
Featured Articles
Before you consider Polaris Renewable Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Polaris Renewable Energy wasn't on the list.
While Polaris Renewable Energy currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
