Polaris Renewable Energy Future Growth

Future criteria checks 0/6

Polaris Renewable Energy's earnings are forecast to decline at 33.3% per annum while its annual revenue is expected to grow at 1.8% per year. EPS is expected to decline by 6.5% per annum. Return on equity is forecast to be 3% in 3 years.

Key information

-33.3%

Earnings growth rate

-6.5%

EPS growth rate

Renewable Energy earnings growth	11.9%
Revenue growth rate	1.8%
Future return on equity	3.0%
Analyst coverage	Low
Last updated	01 May 2024

Recent future growth updates

Recent updates

At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?

Sep 28

Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet

May 10

Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden

Jul 20

Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business

Apr 22

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now

Jun 20

Is Polaris Infrastructure (TSE:PIF) A Risky Investment?

May 27

Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?

Mar 29

Shareholders Of Polaris Infrastructure (TSE:PIF) Must Be Happy With Their 292% Total Return

Mar 03

Here's Why I Think Polaris Infrastructure (TSE:PIF) Might Deserve Your Attention Today

Feb 10

Polaris Infrastructure Inc.'s (TSE:PIF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Jan 22

Should You Rely On Polaris Infrastructure's (TSE:PIF) Earnings Growth?

Jan 07

These 4 Measures Indicate That Polaris Infrastructure (TSE:PIF) Is Using Debt Extensively

Dec 21

Our View On Polaris Infrastructure's (TSE:PIF) CEO Pay

Dec 08

Can Polaris Infrastructure (TSE:PIF) Continue To Grow Its Returns On Capital?

Nov 23

How Does Polaris Infrastructure's (TSE:PIF) CEO Pay Compare With Company Performance?

Jul 31

Should You Think About Buying Polaris Infrastructure Inc. (TSE:PIF) Now?

Jul 10

Earnings and Revenue Growth Forecasts

TSX:PIF - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	82	7	22	44	3
12/31/2024	78	4	26	42	4
12/31/2023	79	12	33	44	N/A
9/30/2023	77	13	26	47	N/A
6/30/2023	72	11	16	32	N/A
3/31/2023	67	5	9	36	N/A
12/31/2022	63	2	1	34	N/A
9/30/2022	61	-1	6	28	N/A
6/30/2022	61	2	11	39	N/A
3/31/2022	60	4	16	32	N/A
12/31/2021	60	1	33	41	N/A
9/30/2021	63	26	38	44	N/A
6/30/2021	65	25	44	46	N/A
3/31/2021	70	24	47	48	N/A
12/31/2020	75	29	33	40	N/A
9/30/2020	74	20	27	46	N/A
6/30/2020	75	21	5	43	N/A
3/31/2020	73	15	4	48	N/A
12/31/2019	71	14	-1	47	N/A
9/30/2019	72	8	-5	40	N/A
6/30/2019	72	9	16	42	N/A
3/31/2019	73	20	14	35	N/A
12/31/2018	69	17	22	37	N/A
9/30/2018	66	9	24	38	N/A
6/30/2018	63	6	15	38	N/A
3/31/2018	61	3	6	36	N/A
12/31/2017	60	2	7	35	N/A
9/30/2017	60	3	N/A	36	N/A
6/30/2017	59	0	N/A	30	N/A
3/31/2017	55	-3	N/A	31	N/A
12/31/2016	55	-4	N/A	25	N/A
9/30/2016	51	-7	N/A	24	N/A
6/30/2016	50	-30	N/A	24	N/A
3/31/2016	50	-37	N/A	22	N/A
12/31/2015	50	-37	N/A	26	N/A
9/30/2015	51	-45	N/A	21	N/A
6/30/2015	51	-24	N/A	19	N/A
3/31/2015	50	-26	N/A	16	N/A
12/31/2014	48	-25	N/A	12	N/A
9/30/2014	45	-21	N/A	10	N/A
6/30/2014	44	-31	N/A	11	N/A
3/31/2014	45	-44	N/A	12	N/A
12/31/2013	46	-51	N/A	8	N/A
9/30/2013	44	-100	N/A	8	N/A
6/30/2013	40	-90	N/A	3	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PIF's earnings are forecast to decline over the next 3 years (-33.3% per year).

Earnings vs Market: PIF's earnings are forecast to decline over the next 3 years (-33.3% per year).

High Growth Earnings: PIF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PIF's revenue (1.8% per year) is forecast to grow slower than the Canadian market (6.7% per year).

High Growth Revenue: PIF's revenue (1.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PIF's Return on Equity is forecast to be low in 3 years time (3%).

Polaris Renewable Energy Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 15%

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Polaris Renewable Energy Inc., Annual General Meeting, Jun 20, 2024

Polaris Renewable Energy Inc. to Report Q1, 2024 Results on May 02, 2024

Independent Director recently bought CA$84k worth of stock

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS and revenues miss analyst expectations

Third quarter dividend of US$0.15 announced

Polaris Renewable Energy Declares Quarterly Dividend, Payable on February 23, 2024

Polaris Renewable Energy Inc. to Report Q4, 2023 Results on Feb 22, 2024

New major risk - Revenue and earnings growth

Polaris Renewable Energy Inc. Declares Dividend, Payable on November 24, 2023

Third quarter 2023 earnings released: EPS: US$0.05 (vs US$0.074 loss in 3Q 2022)

At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?

Consensus EPS estimates increase by 15%

Polaris Renewable Energy Declares Quarterly Dividend, Payable on August 25, 2023

Second quarter 2023 earnings released: EPS: US$0.22 (vs US$0.079 loss in 2Q 2022)

Polaris Renewable Energy Inc. to Report Q2, 2023 Results on Aug 03, 2023

Polaris Renewable Energy Inc. Announces Director Elections

Investor sentiment improves as stock rises 17%

Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet

Polaris Renewable Energy Inc. Declares Quarterly Dividend, Payable on May 26, 2023

First quarter 2023 earnings: EPS exceeds analyst expectations

Full year 2022 earnings released: EPS: US$0.12 (vs US$0.027 in FY 2021)

Polaris Renewable Energy Inc. Declares Quarterly Dividend, Payable on February 24, 2023

Polaris Renewable Energy Inc. Completes Construction, Testing and Initial Operation of A 10.4 Mw (Net) Geothermal Binary Power Plant at the San Jacinto Geothermal Project in Telica, Leon, Republic of Nicaragua

Polaris Renewable Energy Inc. Completes Construction, Testing and Initial Operation of A 10.4 Mw (Net) Geothermal Binary Power Plant at the San Jacinto Geothermal Project in Telica, Leon, Republic of Nicaragua

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Polaris Renewable Energy Inc Declares Quarterly Dividend, Payable on November 25, 2022

Consensus forecasts updated

Polaris Renewable Energy Inc. (TSX:PIF) completed the acquisition of 83.16% in Hidroelectrica San Jose de Minas S.A for $16.3 million.

Second quarter 2022 earnings: EPS misses analyst expectations

Polaris Renewable Energy Inc. Declares Quarterly Dividend, Payable on August 26, 2022

Insufficient new directors

Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden

Insufficient new directors

Polaris Infrastructure Inc. (TSX:PIF) completed the acquisition of Emerald Solar Energy SRL for $20.3 million.

Consensus forecasts updated

Polaris Infrastructure Inc. Announces Quarterly Dividend, Payable on May 27, 2022

First quarter 2022 earnings: EPS exceeds analyst expectations

Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business

Polaris Infrastructure Inc. (TSX:PIF) agreed to acquire Emerald Solar Energy SRL for $18.4 million.

Polaris Infrastructure Inc., Annual General Meeting, Jun 23, 2022

Consensus forecasts updated

Full year 2021 earnings: EPS and revenues miss analyst expectations

Polaris Infrastructure Inc. Declares Quarterly Dividend, Payable on February 25, 2022

Consensus forecasts updated

Independent Chairman of the Board exercised options to buy CA$167k worth of stock.

Third quarter 2021 earnings released: EPS US$0.11 (vs US$0.084 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.008 (vs US$0.065 loss in 2Q 2020)

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now

Is Polaris Infrastructure (TSE:PIF) A Risky Investment?

An unknown buyer acquired Meager Creek Development Corporation from Polaris Infrastructure Inc. (TSX:PIF) for CAD 0.4 million.

First quarter 2021 earnings released: US$0.05 loss per share (vs US$0.28 profit in 1Q 2020)

Polaris Infrastructure Inc. to Pay Quarterly Dividend, Payable on May 28, 2021

Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?

Full year 2020 earnings released: EPS US$1.84 (vs US$0.92 in FY 2019)

Earnings beat expectations, revenue disappoints

Shareholders Of Polaris Infrastructure (TSE:PIF) Must Be Happy With Their 292% Total Return

Polaris Infrastructure Inc. has completed a Follow-on Equity Offering in the amount of CAD 45.01575 million.

Here's Why I Think Polaris Infrastructure (TSE:PIF) Might Deserve Your Attention Today

Investor sentiment improved over the past week

New 90-day high: CA$24.04

Polaris Infrastructure Inc. has completed a Follow-on Equity Offering in the amount of CAD 45.01575 million.

Polaris Infrastructure Inc.'s (TSE:PIF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Investor sentiment improved over the past week

New 90-day high: CA$20.18

Polaris Infrastructure Inc. Extends Memorandum of Understanding for 10 MW Run-Of-River Hydro Project in Panama

Should You Rely On Polaris Infrastructure's (TSE:PIF) Earnings Growth?

New 90-day high: CA$18.93

These 4 Measures Indicate That Polaris Infrastructure (TSE:PIF) Is Using Debt Extensively