Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI): Is it showing Green Signal

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Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) changes shares on Tuesday trading session, with a change of 2.63% or $0.93 shares. The trading starts at $35.37 and closed at $35.40 throughout the day. The trading session low price was $35.285 and day high was $36.49 on Tuesday, August 04. After the session, the Real Estate sector daily volume shifted to 0.45 million while its average volume is 755.57K. In other hand, the HASI market cap reached to $2.65B. While, its current target price is $36.22.

On May 3, 2018, BRIEF-Hannon Armstrong Q1 Core Earnings Per Share $0.27. According to the news reported on Reuters, Hannon Armstrong Sustainable Infrastructure Capital Inc:

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 5.40% and up 25.58% for month. Its quarterly performance was 30.87% above, while its half year performance is up 2.77%. HASI yearly performance stood at positive 35.21% and rise 12.90% for year-to-date. Current recommendation for Hannon Armstrong Sustainable Infrastructure Capital Inc. is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. HASI EPS (TTM) for 12-month is 1.34. EPS for this year is 64.20%, while for the next year its value is 1.54. Sales growth for the current quarter is 9.07 while its EPS Q/Q reached 56.70%. It has an EPS of 23.80% up for past five years and for the next five years will be up 3.00%.

Let’s take a look on the analyst recommendations on HASI for the current month and previous month. For the current month, 7 of 10 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 10 analysts participate in stock recommendation. Out of 10, 0 rated it sell, 7 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $28.00 – $44.00. Average target price for HASI was reached at $36.70.

Vanguard Group, Inc. (The), Wellington Management Company, LLP and Blackrock Inc. are the top three holders in Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 7.63 million shares which valued 155.64 million. On Mar 30, 2020, Wellington Management Company, LLP owned 6.37 million shares which valued at 129.94 million. On Mar 30, 2020, Blackrock Inc. has a total of 5.95 million shares which valued at 121.48 million. In the end, Blackrock Inc. have 8.11% shares outstanding of Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI) on Mar 30, 2020. The insider ownership moved to 1.70% and institutional holding shifted to 81.60%.

The company posted an EPS (TTM) of 1.34. According to the most recent quarter report on (Jun 2020), 10 analysts estimated an average EPS of 0.32, while 0.3 EPS posted a year ago period. Analyst Estimated EPS for HASI published in the report was $0.26 – $0.34 during the same period. Comparing with last year, the average estimated EPS was 0.3 which is lower than 0.44 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for HASI rise 21.49% for period of 200 days. SMA for 50 days was 18.65% which is showing green signal, while SMA-20 was 10.47%. The moving average value for Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI) is 29.72 and 31.25 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in HASI stock. On May 27, McMahon Daniel K., EVP, sold 7,000 trading shares at the cost of $30.19, which valued at 0.21 million. On May 11, Rose Nathaniel, EVP & CIO, sold 10,000 shares at the cost of $29.03, with total shares of 216,922. On May 07, Herron J Brendan, EVP, sold 19,750 shares at the cost of 27.75. After this transaction, Herron J Brendan total shares reached to 203,981 which valued at 0.55 million.