With 0.89 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.2 million shares. The 52-week range on HASI shows that it touched its highest point at $36.56 and its lowest point at $21.98 during that stretch. It currently has a 1-year price target of $38.62. With its current market cap of 3.12 billion, HASI has annualized dividend of $1.67 while the current yield stands at 6.46%. Beta for the stock currently stands at 1.73.
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 3.16%, but this was up by 0.16% over a month. Three-month performance dropped to -7.00% while six-month performance fell -25.15%. The stock lost -0.81% in the past year, while it has lost -3.95% so far this year. A look at the trailing 12-month EPS for HASI yields 1.55 with Next year EPS estimates of 2.93. For the next quarter, that number is 0.66. This implies an EPS growth rate of 8.44% for this year and 10.13% for next year. EPS is expected to grow by 9.24% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.50%.
Float and Shares Shorts:
At present, 120.93 million HASI shares are outstanding with a float of 119.25 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HASI since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.44724 being high and $2.38755 being low. For HASI, this leads to a yearly average estimate of $2.40745.
