Overview

• Sustainable infrastructure investor's Adjusted EPS for 2025 rose 10% to $2.70, beating analyst expectations

• Company closed a record $4.3 bln in new investments, up 87% yr/yr

Outlook

• Company expects 2028 Adjusted EPS between $3.50 and $3.60

• Company projects 2028 Adjusted ROE of more than 17%

• Company announces dividend increase to $0.425 per share for Q1 2026

Result Drivers

• NEW INVESTMENTS - Closed a record $4.3 bln in new investments, up 87% yr/yr, with yields above 10.5%

• INCOME GROWTH - Adjusted Recurring Net Investment Income rose 25% due to larger portfolio and project refinancing

• FINANCE PLATFORM EXPANSION - Issued $500 mln in junior subordinated notes, increased revolver capacity to support growth

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the investment management & fund operators peer group is "buy"

• Wall Street's median 12-month price target for HA Sustainable Infrastructure Capital Inc is $40.00, about 7.5% above its February 11 closing price of $37.22

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBwchg3Dra

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)