Brokers Issue Forecasts for TSE:PIF Q2 Earnings

Polaris Renewable Energy Inc. (TSE:PIF) – National Bank Financial issued their Q2 2025 earnings estimates for Polaris Renewable Energy in a research report issued to clients and investors on Thursday, February 20th. National Bank Financial analyst R. Merer expects that the company will post earnings of $0.17 per share for the quarter. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. National Bank Financial also issued estimates for Polaris Renewable Energy’s Q4 2025 earnings at $0.11 EPS.

Several other research firms have also issued reports on PIF. Raymond James raised Polaris Renewable Energy to a “strong-buy” rating in a report on Friday. Cormark upped their price objective on shares of Polaris Renewable Energy from C$23.50 to C$25.00 in a research report on Thursday, January 30th. Finally, National Bankshares decreased their target price on shares of Polaris Renewable Energy from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th.

Polaris Renewable Energy Trading Down 1.4 %

Shares of TSE:PIF opened at C$11.85 on Monday. The company has a market capitalization of C$176.11 million, a P/E ratio of 24.55, a P/E/G ratio of 3.28 and a beta of 0.97. The company has a debt-to-equity ratio of 57.48, a current ratio of 1.82 and a quick ratio of 1.64. The business’s 50 day simple moving average is C$12.93 and its 200 day simple moving average is C$12.59. Polaris Renewable Energy has a 1 year low of C$11.08 and a 1 year high of C$13.85.

Polaris Renewable Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.06%. Polaris Renewable Energy’s dividend payout ratio (DPR) is currently 169.88%.

Insider Buying and Selling

In related news, Director Marc Murnaghan sold 2,301 shares of Polaris Renewable Energy stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of C$12.52, for a total transaction of C$28,808.52. 2.94% of the stock is owned by corporate insiders.

Polaris Renewable Energy Company Profile

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.