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Wednesday, February 1, 2023

Value Investing Philosophy And Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE: HASI)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.03%, to $32.62. The Hannon Armstrong Sustainable Infrastructure Capital Inc. has recorded 30,086 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Hannon Armstrong Invests in a 1.3 GW Renewables Portfolio Owned and Operated by AES.

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Stocks Info

HASI belongs to the Real Estate sector of the NYSE while operating in the REIT – Specialty industry. At the end of the last regular session, the stock closed at $32.61 and fluctuated between $34.16 as its day high and $32.38 as its day low. The current market capitalization of Hannon Armstrong Sustainable Infrastructure Capital Inc. is $2.89B. A total of 0.57 million shares were traded on the day, compared to an average of 729.98K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, HASI has seen 8 BUY and 0 SELL insider trades, representing the acquisition of 26,325 and the disposition of 0 shares. Over the last 12 months, there were 12 BUYs and 6 SELLs from insiders. Insiders purchased 36,793 shares during that period but sold 23,119.

In the most recent transaction, ARDISANA LIZABETH A bought 825 shares of HASI for 30.80 per share on Nov 10. After the transaction, the Director now owns 825 company shares. In a previous transaction on Nov 10, OSGOOD STEVEN G bought 1,000 shares at 32.10 per share. HASI shares that Director owns now total 29,281.

Among the insiders who bought shares, OSBORNE RICHARD J acquired of 1,000 shares on Nov 09 at a per-share price of $28.58. This resulted in the Director holding 35,645 shares of HASI after the transaction. In another insider transaction, Lipson Jeffrey bought 1,000 shares at $29.25 per share on Nov 09. Company shares held by the Chief Financial Officer now total 31,737.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Hannon Armstrong Sustainable Infrastructure Capital Inc. pays an annual dividend of $1.50, resulting in a dividend yield of 4.60%, and it has a price to earnings (P/E) ratio of 24.59. HASI’s most recent ex-dividend date was 12/27/2022 when it declared a $0.3750 quarterly dividend that was paid in cash on 1/6/2023. Previously, the company paid the dividend on 10/11/2022 with an ex-dividend date of 10/3/2022. The HASI stock dividend was $0.3750 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for HASI in the last 3 months, the mean price target is $47.13 with high estimates of $56.00 and low estimates of $36.00. In terms of 52-week highs and lows, HASI has a high of $51.71 and a low of $21.56.

As of this writing, HASI has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.58 per share and a lower estimate of $0.43. The company reported an EPS of $0.52 in the last quarter, which was 8.30% higher than expectations of $0.48.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 9 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HASI is Overweight with a score of 4.13. A total of 6 analysts rated the stock as Buy while 1 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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