Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Solid track record unattractive dividend payer.
Share Price & News
How has Hannon Armstrong Sustainable Infrastructure Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HASI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HASI exceeded the US REITs industry which returned 11.6% over the past year.
Return vs Market: HASI exceeded the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Hannon Armstrong Sustainable Infrastructure Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Did Hannon Armstrong Sustainable Infrastructure Capital, Inc.'s (NYSE:HASI) 5.1% ROE Fare Against The Industry?
3 weeks ago | Simply Wall StHow Does Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Affect Your Portfolio Volatility?
1 month ago | Simply Wall StIs There Now An Opportunity In Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)?
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 ($37.49) is trading above our estimate of fair value ($11.65)
Significantly Below Fair Value: HASI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HASI is good value based on its PE Ratio (29.4x) compared to the REITs industry average (36.3x).
PE vs Market: HASI is poor value based on its PE Ratio (29.4x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: HASI is poor value based on its PEG Ratio (36.9x)
Price to Book Ratio
PB vs Industry: HASI is overvalued based on its PB Ratio (2.6x) compared to the US REITs industry average (1.9x).
How is Hannon Armstrong Sustainable Infrastructure Capital forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HASI's forecast earnings growth (0.8% per year) is below the savings rate (1.7%).
Earnings vs Market: HASI's earnings (0.8% per year) are forecast to grow slower than the US market (13.2% per year).
High Growth Earnings: HASI's earnings are forecast to grow, but not significantly.
Revenue vs Market: HASI's revenue (15% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: HASI's revenue (15% per year) is forecast to grow slower 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 (11.4%).
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 (65.3%).
Past Earnings Growth Analysis
Earnings Trend: HASI's earnings have grown significantly by 45.7% per year over the past 5 years.
Accelerating Growth: HASI's earnings growth over the past year (105.1%) exceeds its 5-year average (45.7% per year).
Earnings vs Industry: HASI earnings growth over the past year (105.1%) exceeded the REITs industry 5%.
Return on Equity
High ROE: HASI's Return on Equity (8.7%) is considered low.
How is Hannon Armstrong Sustainable Infrastructure Capital's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: HASI has a low level of unsold assets or inventory.
Debt Coverage by Assets: HASI's debt is not covered by short term assets (assets are 0.8x debt).
Financial Institutions Analysis
Asset Level: HASI's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if HASI has a sufficient allowance for bad loans.
Low Risk Liabilities: HASI reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if HASI has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HASI has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if HASI has an appropriate level of bad loans.
What is Hannon Armstrong Sustainable Infrastructure Capital's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HASI's dividend (3.63%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: HASI's dividend (3.63%) is low compared to the top 25% of dividend payers in the US market (3.96%).
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 7 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (105%), 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 (93.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Eckel (60yo)
Mr. Jeffrey Walter Eckel, also knwon as Jeff, has served as Chairman of Board of Directors of Hannon Armstrong Sustainable Infrastructure Capital, Inc. since 2013 and has served as President and Chief Exec ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD5.23M) is about average for companies of similar size in the US market ($USD4.98M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Chief Investment Officer & Executive VP||2.7yrs||US$2.14m||0.28% $7.0m|
|General Counsel & Executive VP||12.1yrs||US$1.97m||0.36% $9.0m|
|Executive Vice President||0.9yrs||US$2.39m||0.28% $6.9m|
|Executive VP & Head of Portfolio Management Group||13.1yrs||US$1.88m||0.23% $5.8m|
|Executive VP & CFO||0.9yrs||no data||0.023% $574.7k|
|Senior VP & Chief Accounting Officer||2.9yrs||no data||0.035% $868.5k|
|VP & CTO||3.1yrs||no data||no data|
|Director of Investor Relations & Corporate Communications||0yrs||no data||no data|
|Chief Human Resources Officer||3.1yrs||no data||no data|
Experienced Management: HASI's management team is considered experienced (3.1 years average tenure).
|Lead Independent Director||5.8yrs||US$154.99k||0.053% $1.3m|
|Independent Director||0.6yrs||no data||0.0076% $191.5k|
|Independent Director||0.6yrs||no data||0.0015% $38.2k|
|Independent Director||2.9yrs||US$129.99k||0.017% $425.9k|
|Independent Director||5.1yrs||US$149.99k||0.043% $1.1m|
|Independent Director||3.8yrs||US$144.99k||0.016% $397.0k|
|Independent Director||7.1yrs||US$144.99k||0.10% $2.6m|
|Independent Director||6.8yrs||US$144.99k||0.038% $944.4k|
Experienced Board: HASI's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HASI insiders have bought more shares than they have sold 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 21.1%.
Hannon Armstrong Sustainable Infrastructure Capital, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Hannon Armstrong Sustainable Infrastructure Capital, Inc.
- Ticker: HASI
- Exchange: NYSE
- Founded: 2012
- Industry: Industrial REITs
- Sector: Real Estate
- Implied Market Cap: US$2.513b
- Market Cap: US$2.458b
- Shares outstanding: 65.85m
- Website: https://www.hannonarmstrong.com
Number of Employees
- Hannon Armstrong Sustainable Infrastructure Capital, Inc.
- 1906 Towne Centre Boulevard
- Suite 370
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HASI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Apr 2013|
|6HA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2013|
|0J2Z||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Apr 2013|
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 building’s or facility’s 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. The company 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 seismic retrofits and other projects. The company qualifies as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Hannon Armstrong Sustainable Infrastructure Capital, Inc. was incorporated in 2012 and is headquartered in Annapolis, Maryland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 01:13|
|End of Day Share Price||2020/02/26 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.