Hannon Armstrong Sustainable Infrastructure Capital (HASI) Expected to Announce Quarterly Earnings on Thursday

Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) is projected to issue its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $34.16 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Hannon Armstrong Sustainable Infrastructure Capital Trading Down 1.7 %

Shares of NYSE:HASI opened at $28.05 on Wednesday. Hannon Armstrong Sustainable Infrastructure Capital has a 12-month low of $23.15 and a 12-month high of $36.56. The business has a 50 day moving average of $28.06 and a 200-day moving average of $30.92. The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 1.78. The stock has a market cap of $3.32 billion, a PE ratio of 15.76, a P/E/G ratio of 1.06 and a beta of 1.95.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on HASI. The Goldman Sachs Group reduced their price target on Hannon Armstrong Sustainable Infrastructure Capital from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, December 17th. Truist Financial started coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a research report on Thursday, February 6th. They issued a “buy” rating and a $40.00 target price for the company. Citigroup raised shares of Hannon Armstrong Sustainable Infrastructure Capital from a “neutral” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Wednesday, January 8th. Bank of America assumed coverage on shares of Hannon Armstrong Sustainable Infrastructure Capital in a report on Monday, November 25th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered their target price 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. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Hannon Armstrong Sustainable Infrastructure Capital has a consensus rating of “Moderate Buy” and an average target price of $40.23.

About Hannon Armstrong Sustainable Infrastructure Capital

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.