With 1.21 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.16 million shares. The 52-week range on HASI shows that it touched its highest point at $36.56 and its lowest point at $24.00 during that stretch. It currently has a 1-year price target of $39.06. With its current market cap of 3.40 billion, HASI has annualized dividend of $1.66 while the current yield stands at 5.82%. Beta for the stock currently stands at 1.89.
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 down-trending over the past week, with a drop of -0.94%, but this was up by 3.52% over a month. Three-month performance dropped to -9.02% while six-month performance fell -11.89%. The stock gained 9.90% in the past year, while it has gained 6.34% so far this year. A look at the trailing 12-month EPS for HASI yields 1.55 with Next year EPS estimates of 2.92. For the next quarter, that number is 0.64. This implies an EPS growth rate of 8.28% for this year and 10.18% for next year. EPS is expected to grow by 9.06% 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, 118.96 million HASI shares are outstanding with a float of 116.93 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. Based on analyst estimates, the high estimate for the next quarter is $0.71 and the low estimate is $0.63. The average estimate for the next quarter is thus $0.66.
Summary of Insider Activity:
Insiders traded HASI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
