Does Hannon Armstrong Sustainable Infrastructure capital Inc (HASI) offer a good opportunity for investors?

With 1.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.03 million shares. The 52-week range on HASI shows that it touched its highest point at $29.88 and its lowest point at $13.22 during that stretch. It currently has a 1-year price target of $34.92. With its current market cap of 3.19 billion, HASI has annualized dividend of $1.58 while the current yield stands at 5.56%. Beta for the stock currently stands at 1.85.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HASI was up-trending over the past week, with a rise of 5.97%, but this was up by 12.48% over a month. Three-month performance dropped to -0.04% while six-month performance rose 30.22%. The stock gained 6.97% in the past year, while it has gained 2.97% so far this year. A look at the trailing 12-month EPS for HASI yields 1.33 with Next year EPS estimates of 2.66. For the next quarter, that number is 0.57. This implies an EPS growth rate of 8.75% for this year and 9.58% for next year. EPS is expected to grow by 8.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.49%.

Float and Shares Shorts:

At present, 112.17 million HASI shares are outstanding with a float of 110.15 million shares on hand for trading. On Mar 15, 2024, short shares totaled 14.84 million, which was 13.21% higher than short shares on Feb 15, 2024. In addition to MASI as the firm’s Masimo Corporation, HAS serves as its Hasbro, Inc.

Institutional Ownership:

Through their ownership of 110.97% of HASI’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HASI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.