Hannon Armstrong Sustainable Infrastructure Capital, Inc.
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Hannon Armstrong Sustainable Infrastructure Capital Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$55.43|
|52 Week High||US$37.07|
|52 Week Low||US$72.42|
|1 Month Change||-2.89%|
|3 Month Change||2.18%|
|1 Year Change||40.61%|
|3 Year Change||158.54%|
|5 Year Change||137.08%|
|Change since IPO||386.23%|
Recent News & Updates
Hannon Armstrong: It's Easy Being Green
Hannon Armstrong is nicely positioned in the middle of the clean-energy megatrend. Instead of selling picks and shovels to miners, it is lending the miners the money to buy them. With the three main tailwinds of politics, corporate spending, and climate change behind it, Hannon Armstrong is a long-term winner. Unfortunately, Hannon Armstrong has been bid up to levels that make it a questionable buy - but it is a stock to keep in mind during pullbacks.
|HASI||US Mortgage REITs||US Market|
Return vs Industry: HASI exceeded the US Mortgage REITs industry which returned 34.2% over the past year.
Return vs Market: HASI exceeded the US Market which returned 33% over the past year.
Stable Share Price: HASI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HASI's weekly volatility (4%) has been stable over the past year.
About the Company
Hannon Armstrong Sustainable Infrastructure Capital, Inc. provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company’s projects include energy efficiency projects that reduce a buildings or facilities energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems. It also focuses in the areas of grid connected projects that deploy cleaner energy sources, such as solar and wind to generate power; and other sustainable infrastructure projects, including upgraded transmission or distribution systems, water and storm water infrastructures, and other projects.
Is Hannon Armstrong Sustainable Infrastructure Capital undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HASI ($55.43) is trading above our estimate of fair value ($24.45)
Significantly Below Fair Value: HASI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HASI is poor value based on its PE Ratio (38.9x) compared to the US Mortgage REITs industry average (9.5x).
PE vs Market: HASI is poor value based on its PE Ratio (38.9x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: HASI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HASI is overvalued based on its PB Ratio (3.3x) compared to the US Mortgage REITs industry average (0.9x).
How is Hannon Armstrong Sustainable Infrastructure Capital forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HASI's earnings are forecast to decline over the next 3 years (-2.7% per year).
Earnings vs Market: HASI's earnings are forecast to decline over the next 3 years (-2.7% per year).
High Growth Earnings: HASI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HASI's revenue (20.9% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: HASI's revenue (20.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HASI's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Hannon Armstrong Sustainable Infrastructure Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HASI has high quality earnings.
Growing Profit Margin: HASI's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: HASI's earnings have grown significantly by 41.7% per year over the past 5 years.
Accelerating Growth: HASI's earnings growth over the past year (24.3%) is below its 5-year average (41.7% per year).
Earnings vs Industry: HASI earnings growth over the past year (24.3%) underperformed the Mortgage REITs industry 45.5%.
Return on Equity
High ROE: HASI's Return on Equity (8.6%) is considered low.
How is Hannon Armstrong Sustainable Infrastructure Capital's financial position?
Financial Position Analysis
Short Term Liabilities: HASI's short term assets ($1.8B) exceed its short term liabilities ($75.8M).
Long Term Liabilities: HASI's short term assets ($1.8B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: HASI's debt to equity ratio (191.8%) is considered high.
Reducing Debt: HASI's debt to equity ratio has increased from 174.7% to 191.8% over the past 5 years.
Debt Coverage: HASI's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: Insufficient data to determine if HASI's interest payments on its debt are well covered by EBIT.
What is Hannon Armstrong Sustainable Infrastructure Capital current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HASI's dividend (2.53%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: HASI's dividend (2.53%) is low compared to the top 25% of dividend payers in the US market (3.65%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HASI has been paying a dividend for less than 10 years.
Growing Dividend: HASI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (94%), HASI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HASI's dividends in 3 years are forecast to be covered by earnings (76.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Eckel (62 yo)
Mr. Jeffrey Walter Eckel, also known as Jeff, serves as Chairman of Board of Directors of Hannon Armstrong Sustainable Infrastructure Capital, Inc. since 2013. He serves as Chief Executive Officer and Pres...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD4.00M) is about average for companies of similar size in the US market ($USD5.25M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: HASI's management team is considered experienced (4.5 years average tenure).
Experienced Board: HASI's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HASI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.7%.
Hannon Armstrong Sustainable Infrastructure Capital, Inc.'s employee growth, exchange listings and data sources
- Name: Hannon Armstrong Sustainable Infrastructure Capital, Inc.
- Ticker: HASI
- Exchange: NYSE
- Founded: 1981
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Implied Market Cap: US$4.359b
- Market Cap: US$4.347b
- Shares outstanding: 78.64m
- Website: https://www.hannonarmstrong.com
Number of Employees
- Hannon Armstrong Sustainable Infrastructure Capital, Inc.
- 1906 Towne Centre Boulevard
- Suite 370
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 00:21|
|End of Day Share Price||2021/09/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.