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Infrastructure

Q2 2022 Earnings Forecast for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Issued By B. Riley

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Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASIGet Rating) – Stock analysts at B. Riley issued their Q2 2022 earnings per share estimates for Hannon Armstrong Sustainable Infrastructure Capital in a report released on Wednesday, July 13th. B. Riley analyst C. Souther forecasts that the real estate investment trust will earn $0.47 per share for the quarter. B. Riley currently has a “Buy” rating and a $67.00 target price on the stock. The consensus estimate for Hannon Armstrong Sustainable Infrastructure Capital’s current full-year earnings is $1.81 per share. B. Riley also issued estimates for Hannon Armstrong Sustainable Infrastructure Capital’s Q3 2022 earnings at $0.46 EPS, Q4 2022 earnings at $0.45 EPS, FY2022 earnings at $1.87 EPS and FY2023 earnings at $1.98 EPS.

Several other equities analysts also recently issued reports on HASI. Morgan Stanley reduced their price objective on Hannon Armstrong Sustainable Infrastructure Capital from $66.00 to $55.00 and set an “equal weight” rating for the company in a research report on Monday, June 13th. StockNews.com upgraded Hannon Armstrong Sustainable Infrastructure Capital from a “sell” rating to a “hold” rating in a research report on Monday, May 16th. Finally, TheStreet downgraded Hannon Armstrong Sustainable Infrastructure Capital from a “b” rating to a “c+” rating in a research report on Thursday, March 31st. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $61.50.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

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Shares of NYSE HASI opened at $31.38 on Monday. The company has a current ratio of 18.00, a quick ratio of 18.00 and a debt-to-equity ratio of 1.56. The stock has a 50 day simple moving average of $37.20 and a 200-day simple moving average of $41.78. The company has a market cap of $2.73 billion, a PE ratio of 22.74, a P/E/G ratio of 1.69 and a beta of 1.73. Hannon Armstrong Sustainable Infrastructure Capital has a 12-month low of $28.68 and a 12-month high of $65.74.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASIGet Rating) last posted its earnings results on Tuesday, May 3rd. The real estate investment trust reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. Hannon Armstrong Sustainable Infrastructure Capital had a return on equity of 10.52% and a net margin of 54.97%. During the same quarter last year, the firm earned $0.37 earnings per share.

Hannon Armstrong Sustainable Infrastructure Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 12th. Shareholders of record on Tuesday, July 5th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 4.78%. The ex-dividend date was Friday, July 1st. Hannon Armstrong Sustainable Infrastructure Capital’s dividend payout ratio (DPR) is currently 108.70%.

Insider Buying and Selling at Hannon Armstrong Sustainable Infrastructure Capital

In related news, CEO Jeffrey Eckel purchased 2,668 shares of the company’s stock in a transaction dated Friday, May 13th. The shares were acquired at an average cost of $37.41 per share, with a total value of $99,809.88. Following the completion of the purchase, the chief executive officer now owns 535,507 shares of the company’s stock, valued at approximately $20,033,316.87. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Jeffrey Eckel purchased 2,668 shares of the company’s stock in a transaction dated Friday, May 13th. The shares were acquired at an average cost of $37.41 per share, with a total value of $99,809.88. Following the completion of the purchase, the chief executive officer now owns 535,507 shares of the company’s stock, valued at approximately $20,033,316.87. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeffrey Lipson purchased 3,000 shares of the company’s stock in a transaction dated Friday, May 13th. The stock was bought at an average cost of $37.18 per share, for a total transaction of $111,540.00. Following the completion of the purchase, the chief financial officer now directly owns 30,737 shares of the company’s stock, valued at approximately $1,142,801.66. The disclosure for this purchase can be found here. Company insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On Hannon Armstrong Sustainable Infrastructure Capital

A number of large investors have recently bought and sold shares of HASI. CWM LLC boosted its holdings in Hannon Armstrong Sustainable Infrastructure Capital by 46.8% during the first quarter. CWM LLC now owns 781 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 249 shares during the period. AllSquare Wealth Management LLC lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 5.1% in the first quarter. AllSquare Wealth Management LLC now owns 6,621 shares of the real estate investment trust’s stock valued at $314,000 after buying an additional 322 shares during the period. Avantax Advisory Services Inc. lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.7% in the first quarter. Avantax Advisory Services Inc. now owns 7,259 shares of the real estate investment trust’s stock valued at $344,000 after buying an additional 327 shares during the period. Good Life Advisors LLC lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 4.0% in the first quarter. Good Life Advisors LLC now owns 8,561 shares of the real estate investment trust’s stock valued at $406,000 after buying an additional 333 shares during the period. Finally, Winfield Associates Inc. lifted its stake in shares of Hannon Armstrong Sustainable Infrastructure Capital by 2.1% in the fourth quarter. Winfield Associates Inc. now owns 16,682 shares of the real estate investment trust’s stock valued at $886,000 after buying an additional 350 shares during the period. 77.94% of the stock is currently owned by institutional investors.

About Hannon Armstrong Sustainable Infrastructure Capital

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Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company’s projects include building or facility that reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements, including heating, ventilation, and air conditioning systems (HVAC), as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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