Profile
Sector:
Real EstateIndustry:
ServicesCountry:
United StatesIPO:
18 April 2013Website:
http://www.hasi.comNext earnings report:
14 February 2025Last dividends:
04 October 2024Next dividends:
30 December 2024Price
after hours | 102 min agoAnalysts recommendations
Institutional Ownership
HASI Latest News
HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Aaron Chew - Senior Vice President, Investor Relations Jeff Lipson - President and CEO Marc Pangburn - Chief Financial Officer Susan Nickey - Chief Client Officer Conference Call Participants Jack Hurley - Mizuho Security Noah Kaye - Oppenheimer & Company Tyler Bisset - Goldman Sachs Operator Greetings. And welcome to HASI's Third Quarter 2024 Earnings Conference Call and Webcast.
Evaluate the expected performance of HA Sustainable Infrastructure Capital (HASI) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Orix (IX) or HA Sustainable Infrastructure Capital (HASI). But which of these two stocks presents investors with the better value opportunity right now?
HA Sustainable Infrastructure, a green infrastructure REIT, pays a dividend with a forward yield of 4.8%. Vici Properties, a REIT that owns casinos and entertainment properties, has a 5.1% yield.
HA Sustainable Infrastructure Capital, Inc. (HASI) focuses on financing and managing sustainable infrastructure assets, including renewable energy, energy efficiency, and carbon capture, valued at $13 billion. HASI's diversified portfolio includes residential solar, wind and solar farms, and ecological restoration, using the CarbonCount® tool to measure carbon reduction per investment dollar. Revenue streams include net investment income from long-term contracts, gain-on-sale securitization, and asset management fees, with strategic partnerships to co-invest in large-scale projects.
While the top- and bottom-line numbers for HA Sustainable Infrastructure Capital (HASI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
HA Sustainable Infrastructure Capital (HASI) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.53 per share a year ago.
Hannon Armstrong (HASI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Hannon Armstrong Sustainable Infrastructure Capital channels capital into renewable energy assets through equity investments, joint ventures, and lending. The company aims to capture positive spreads between portfolio yield and cost of capital, similar to mortgage REITs, with a focus on debt investments. HASI has potential for a significant dividend growth due to reduced adjusted EPS payout ratio, new joint venture with KKR, and strong financial profile.
ANNAPOLIS, Md.--(BUSINESS WIRE)--Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("HASI," "we," "our" or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced it secured an investment grade rating of BBB- from Fitch Ratings (“Fitch”), a globally recognized leader in credit ratings and research. This marks HASI's second investment grade rating from a major credit rating agency. The Company has maintained an investment grade credit rating of Baa3 from Moo.
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What type of business is Hannon Armstrong Sustainable Infrastructure Capital?
Hannon Armstrong Sustainable Infrastructure Capital Inc. provides debt and equity financing to energy markets in the United States. The company focuses on investments in two types of projects: energy efficiency projects and projects in renewable energy sources. Energy efficiency projects reduce energy consumption and the cost of energy for a building or facility by improving or installing building components, including heating, ventilation, and air conditioning systems; lighting; energy controls; roofs; windows; building envelopes; and thermal energy systems. In renewable energy projects, cleaner sources of energy such as solar and wind power are used to generate electricity. The company also offers financial solutions for other projects aimed at improving energy efficiency and the environment.
What sector is Hannon Armstrong Sustainable Infrastructure Capital in?
Hannon Armstrong Sustainable Infrastructure Capital is in the Real Estate sector
What industry is Hannon Armstrong Sustainable Infrastructure Capital in?
Hannon Armstrong Sustainable Infrastructure Capital is in the Services industry
What country is Hannon Armstrong Sustainable Infrastructure Capital from?
Hannon Armstrong Sustainable Infrastructure Capital is headquartered in United States
When did Hannon Armstrong Sustainable Infrastructure Capital go public?
Hannon Armstrong Sustainable Infrastructure Capital initial public offering (IPO) was on 18 April 2013
What is Hannon Armstrong Sustainable Infrastructure Capital website?
https://www.hasi.com
Is Hannon Armstrong Sustainable Infrastructure Capital in the S&P 500?
No, Hannon Armstrong Sustainable Infrastructure Capital is not included in the S&P 500 index
Is Hannon Armstrong Sustainable Infrastructure Capital in the NASDAQ 100?
No, Hannon Armstrong Sustainable Infrastructure Capital is not included in the NASDAQ 100 index
Is Hannon Armstrong Sustainable Infrastructure Capital in the Dow Jones?
No, Hannon Armstrong Sustainable Infrastructure Capital is not included in the Dow Jones index
When was Hannon Armstrong Sustainable Infrastructure Capital the previous earnings report?
No data
When does Hannon Armstrong Sustainable Infrastructure Capital earnings report?
The next expected earnings date for Hannon Armstrong Sustainable Infrastructure Capital is 14 February 2025