$0.31 Earnings Per Share Expected for Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) This Quarter

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Wall Street analysts expect that Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) will post $0.31 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings. The highest EPS estimate is $0.33 and the lowest is $0.29. Hannon Armstrong Sustnbl Infrstr Cap also reported earnings per share of $0.31 during the same quarter last year. The company is expected to announce its next earnings report after the market closes on Thursday, February 21st.

According to Zacks, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full-year earnings of $1.33 per share for the current financial year, with EPS estimates ranging from $1.31 to $1.35. For the next fiscal year, analysts anticipate that the business will post earnings of $1.38 per share, with EPS estimates ranging from $1.36 to $1.39. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Hannon Armstrong Sustnbl Infrstr Cap.

HASI has been the topic of several research reports. ValuEngine raised Hannon Armstrong Sustnbl Infrstr Cap from a “hold” rating to a “buy” rating in a research report on Wednesday, December 5th. TheStreet raised Hannon Armstrong Sustnbl Infrstr Cap from a “c” rating to a “b” rating in a research report on Wednesday, October 31st. Cowen reaffirmed a “buy” rating and issued a $27.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research report on Friday, November 9th. FBR & Co set a $26.00 price objective on Hannon Armstrong Sustnbl Infrstr Cap and gave the company a “buy” rating in a research report on Thursday, December 20th. Finally, Zacks Investment Research lowered Hannon Armstrong Sustnbl Infrstr Cap from a “buy” rating to a “hold” rating in a research report on Friday, January 4th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $24.88.

A number of large investors have recently added to or reduced their stakes in the business. HRT Financial LLC purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap in the fourth quarter valued at about $377,000. Millennium Management LLC raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 769.5% in the fourth quarter. Millennium Management LLC now owns 107,004 shares of the real estate investment trust’s stock valued at $2,038,000 after purchasing an additional 94,697 shares during the period. Legal & General Group Plc raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 19.4% in the fourth quarter. Legal & General Group Plc now owns 9,745 shares of the real estate investment trust’s stock valued at $186,000 after purchasing an additional 1,585 shares during the period. Jane Street Group LLC purchased a new position in Hannon Armstrong Sustnbl Infrstr Cap in the fourth quarter valued at about $1,036,000. Finally, Amundi Pioneer Asset Management Inc. raised its position in Hannon Armstrong Sustnbl Infrstr Cap by 2.1% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 861,443 shares of the real estate investment trust’s stock valued at $16,411,000 after purchasing an additional 17,716 shares during the period. 61.72% of the stock is currently owned by institutional investors.

Shares of HASI traded up $0.15 during trading hours on Friday, hitting $23.45. The stock had a trading volume of 260,634 shares, compared to its average volume of 383,072. The company has a current ratio of 33.99, a quick ratio of 33.99 and a debt-to-equity ratio of 2.37. The firm has a market capitalization of $1.46 billion, a P/E ratio of 22.33, a price-to-earnings-growth ratio of 6.73 and a beta of 1.08. Hannon Armstrong Sustnbl Infrstr Cap has a 12-month low of $17.33 and a 12-month high of $24.05.

About Hannon Armstrong Sustnbl Infrstr Cap

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 energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

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