Harmony Energy Income Trust (HEIT) Share Price, News & Analysis

Company Overview

The Harmony Energy Income Trust (‘HEIT’) is a “pure play” battery energy storage systems (BESS) owner and operator with an exclusive focus on 2-hour duration BESS in GB. It was launched on the London Stock Exchange in November 2021. It currently holds 494.4MW / 988.8 MWh of BESS projects spread across Great Britain. One of these, the Rye Common project (99 MW), was divested by the Company (pre-construction) in September 2023, concentrating the portfolio to eight BESS projects (395.4 MW / 790.8 MWh), all of which are fully funded and operational. HEIT has preferential rights to acquire and build out 1GW of Harmony Energy Limited’s GB BESS development pipeline into the future. The Company is advised by Harmony Energy Advisors Limited, which is a wholly-owned subsidiary of Harmony Energy Limited (Harmony Energy). Harmony Energy is a leading UK battery energy storage project developer and has recently expanded to France, New Zealand, Poland and Germany. Harmony Energy has an established track record in developing, funding and supervising the construction of such projects and other renewable generation projects. To date Harmony Energy has developed BESS Projects in Great Britain of which 634 MW / 1268 MWh is operational (including Europe's biggest BESS by MWh - Pillswood) and 250 MW / 500 MWh is in construction. Through the delivery of BESS projects and by raising awareness of the positive impact they have on the environment, we at HEIT believe that if the whole globe comes together collectively to support developments like these, then we can achieve net zero by enabling clean energy generation and protecting the future of our planet.

Key Stats

• Today's Range: 61.60 to 63.15
• 50-Day Range: 51.60 to 65.40
• 52-Week Range: 31.25 to 74
• Volume: 68,052 shs
• Average Volume: 375,246 shs
• Market Capitalization: £143.09 million
• P/E Ratio: N/A
• Dividend Yield: 12.70%
• Price Target: GBX 110
• Consensus Rating: Buy

Harmony Energy Income Trust Stock Analysis - MarketRank™

Harmony Energy Income Trust scored higher than 62% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Harmony Energy Income Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Harmony Energy Income Trust has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Harmony Energy Income Trust is -484.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Harmony Energy Income Trust is -484.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Harmony Energy Income Trust has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HEIT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Harmony Energy Income Trust is a leading dividend payer. It pays a dividend yield of 16.33%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Harmony Energy Income Trust does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HEIT.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Harmony Energy Income Trust has a news sentiment score of 1.83. 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 0.65 average news sentiment score of Financial Services companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Harmony Energy Income Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.06% of the stock of Harmony Energy Income Trust is held by insiders.

Percentage Held by Institutions

74.30% of the stock of Harmony Energy Income Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HEIT Stock Analysis - Frequently Asked Questions

How have HEIT shares performed this year?

Harmony Energy Income Trust's stock was trading at GBX 65 at the start of the year. Since then, HEIT stock has decreased by 3.1% and is now trading at GBX 63.
View the best growth stocks for 2025 here.

How do I buy shares of Harmony Energy Income Trust?

Shares of HEIT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Harmony Energy Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Harmony Energy Income Trust investors own include AutoZone (AZO), Gore Street Energy Storage Fund (GSF), Intel (INTC), Shell (SHEL), TJX Companies (TJX), Abacus Health Products (ABAHF) and Assura (AGR).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:HEIT
• CUSIP: N/A
• CIK: N/A
• Web: www.heitp.co.uk
• Phone: 44 20 7409 0181
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 110
• High Stock Price Target: GBX 110
• Low Stock Price Target: GBX 110
• Potential Upside/Downside: +74.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £-29,080,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -12.01%
• Return on Assets: -7.49%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 33.10
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £-26,290,000.00
• Price / Sales: -5.44
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 96 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: 227,130,000
• Free Float: N/A
• Market Cap: £143.09 million
• Optionable: Not Optionable
• Beta: 0.20