Hannon Armstrong Sustainable Infrastructure Capital (HASI) to Release Earnings on Thursday

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) will likely be releasing its earnings data after the market closes on Thursday, February 13th. Analysts expect Hannon Armstrong Sustainable Infrastructure Capital to post earnings of $0.59 per share and revenue of $34.16 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Hannon Armstrong Sustainable Infrastructure Capital Stock Performance

Hannon Armstrong Sustainable Infrastructure Capital stock opened at $27.71 on Thursday. The firm’s fifty day moving average price is $28.28 and its 200-day moving average price is $31.04. Hannon Armstrong Sustainable Infrastructure Capital has a fifty-two week low of $22.60 and a fifty-two week high of $36.56. The company has a debt-to-equity ratio of 1.78, a quick ratio of 13.55 and a current ratio of 13.55. The stock has a market cap of $3.28 billion, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 1.05 and a beta of 1.95.

Insider Transactions at Hannon Armstrong Sustainable Infrastructure Capital

In related news, CFO Marc T. Pangburn purchased 3,500 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were acquired at an average price of $28.71 per share, for a total transaction of $100,485.00. Following the purchase, the chief financial officer now directly owns 56,791 shares in the company, valued at $1,630,469.61. This trade represents a 6.57 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. The Goldman Sachs Group reduced their target price on shares of Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, December 17th. StockNews.com cut shares of Hannon Armstrong Sustainable Infrastructure Capital from a “hold” rating to a “sell” rating in a report on Monday, November 11th. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They set a “buy” rating and a $40.00 price target for the company. JPMorgan Chase & Co. cut their price target on shares of Hannon Armstrong Sustainable Infrastructure Capital from $42.00 to $39.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. Finally, Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price objective for the company in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $40.25.

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.