HASI

HA Sustainable Infrastructure Capital Inc

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Advanced Chart

27.920

+0.09(0.323%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

27.980

Open

27.920

VWAP

27.88

Vol

493.24K

Mkt Cap

3.39B

Low

27.610

Amount

13.75M

EV/EBITDA(TTM)

903.70

Total Shares

113.72M

8.12B

EV/OCF(TTM)

P/S(TTM)

9.36

HA Sustainable Infrastructure Capital, Inc. is an investor in sustainable infrastructure assets advancing the energy transition. The Company’s investments are diversified across multiple asset classes, including utility-scale solar, onshore wind, and storage; distributed solar and storage; renewable natural gas (RNG), and energy efficiency. It partners with clients to deploy real assets that facilitate the energy transition. The Company invests in a variety of asset classes across its three primary climate solutions markets: Behind the Meter; Grid-Connected; and Fuels, Transport, and Nature. Behind the Meter includes residential solar and storage, community solar and commercial and industrial solar, and energy efficiency. Grid-Connected include utility-scale solar, onshore wind, and battery energy storage systems. Fuels, Transport, and Nature include renewable natural gas, fleet decarbonization, and ecological restoration.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

45.00M

+13.24%

0.697

+12.34%

44.00M

+95%

0.689

+32.44%

32.00M

-8.54%

0.628

-0.3%

Estimates Revision

The market is revising Downward the revenue expectations for HA Sustainable Infrastructure Capital, Inc. (HASI) for FY2025, with the revenue forecasts being adjusted by -11.14% over the past three months. During the same period, the stock price has changed by 9.32%.

Revenue Estimates for FY2025

Revise Downward

-11.14%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.19%

In Past 3 Month

Stock Price

Go Up

+9.32%

In Past 3 Month

10 Analyst Rating

33.60% Upside

Wall Street analysts forecast HASI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HASI is 37.30 USD with a low forecast of 26.39 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

9 Buy

1 Hold

0 Sell

Strong Buy

33.60% Upside

Current: 27.920

Low

26.39

Averages

37.30

High

48.00

33.60% Upside

Current: 27.920

Low

26.39

Averages

37.30

High

48.00

Baird

Ben Kallo

Buy

Maintains

$47 → $41

2025-04-15

Reason

Baird

Ben Kallo

Price Target

$47 → $41

2025-04-15

Maintains

Buy

Reason

Truist Securities

Jordan Levy

Strong Buy

Initiates

$40

2025-02-06

Reason

Truist Securities

Jordan Levy

Price Target

$40

2025-02-06

Initiates

Strong Buy

Reason

JP Morgan

Mark Strouse

Buy

Maintains

$42 → $39

2025-01-23

Reason

JP Morgan

Mark Strouse

Price Target

$42 → $39

2025-01-23

Maintains

Buy

Reason

JPMorgan analyst Mark Strouse lowered the firm's price target on HASI to $39 from $42 and keeps an Overweight rating on the shares as part of a Q4 earnings preview for the clean energy space. The firm continues to expect the space to remain volatile until there is better clarity into potential Inflation Reduction Act changes, which it believes could drag into the latter half of the year for certain subsectors and incentives. Fundamentally, JPMorgan continues to favor utility-scale over residential given its view that the recent spike in interest rates is relatively more negative for residential, though it notes that utility-scale challenges also remain including permitting and interconnection timing and availability of transformers.

Citigroup

Vikram Bagri

Hold

Strong Buy

Upgrades

$36

2025-01-08

Reason

Citigroup

Vikram Bagri

Price Target

$36

2025-01-08

Upgrades

Hold

Strong Buy

Reason

Citi analyst Vikram Bagri upgraded HASI to Buy from Neutral with a $36 price target. The firm says the company is more insulated from potential policy changes. Utility scale companies are better positioned with achievable consensus estimates and stronger balance sheets, the analyst tells investors in a research note. Citi remains cautious on residential solar largely due to the dependence of companies on incentives and relatively weaker financial flexibility.

Goldman Sachs

Brian Lee

Hold

Maintains

$32 → $31

2024-12-17

Reason

Goldman Sachs

Brian Lee

Price Target

$32 → $31

2024-12-17

Maintains

Hold

Reason

Goldman Sachs lowered the firm's price target on HASI to $31 from $32 and keeps a Neutral rating on the shares as part of a broader research note on Solar names. The firm is updating its model to reflect the company's target dividend yield of 6% and the stock's price-to-book valuation that is based on lower shareholder equity value, the analyst tells investors in a research note.

Citigroup

Vikram Bagri

Hold

Maintains

$24 → $36

2024-10-22

Reason

Citigroup

Vikram Bagri

Price Target

$24 → $36

2024-10-22

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for HA Sustainable Infrastructure Capital Inc (HASI.N) is 10.18, compared to its 5-year average forward P/E of 18.73. For a more detailed relative valuation and DCF analysis to assess HA Sustainable Infrastructure Capital Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

18.73

Current PE

10.18

Overvalued PE

27.99

Undervalued PE

9.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

27.25

Current PS

22.81

Overvalued PS

37.84

Undervalued PS

16.66