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HASI

HA Sustainable Infrastructure Capital, Inc.

HASI

NYSE·Financial Services·Financial - Diversified·Mkt cap $4.9B

$37.55

-2.80%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$24.38 - $44.13

P/E

107.29

Fwd P/E

12.79

Beta

1.42

Div Yield

4.36%

Avg Vol

1.0M

Shares Out

127.8M

Mkt Cap

$4.9B

Price action

Price chart

Up 41.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Specialized expertise in climate solutions and sustainable infrastructure investing with deep sector knowledge
  • Diversified portfolio across five major climate solution categories reducing single-sector risk
  • Early-mover advantage in sustainable infrastructure capital deployment since 2012
  • Strategic positioning to benefit from regulatory tailwinds and ESG capital flows
  • Access to high-growth companies in emerging clean technology markets

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 1.2x vs Specialty Finance peers. Reasonable for this growth rate.

Growth

Revenue decline expected

Accelerating global decarbonization mandates and net-zero commitments from governments and corporations

Value

Growth premium of 1.2x vs Specialty Finance peers. Reasonable for this growth rate.

Momentum

Stable

+4.1% over 3m

Quality

Excellent

Emerging growth company (-33% revenue growth). Early stage with higher risk.

Dividend

Solid

4.36% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 6, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.77 vs $0.68 consensus (+13.2% surprise). Revenue of $124.2M vs $112.2M expected (+10.7%). Beat on both top and bottom lines.

EPS beat +13.2%
Rev beat +10.7%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+13.2%

Next: May 6, 2026

Revenue trend · last 8Q

-16%

-41%

+164%

+167%

-9%

-33%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$61.9M

$58.6M

$125.6M

$184.9M

$243.4M

$227.6M

$114.8M

$124.2M

Margins · last 8Q

Gross

Operating

Profit

-57.9%

Wall Street consensus

8 analysts · 88% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

7

88%

Hold

1

13%

Sell

0%

Median Price Target

$51.00

+35.8% vs $37.55

Low $48.00
Median $51.00
High $57.00

Latest: Morgan Stanley · $57.00 · May 27, 2026

4 analysts covering

vs Industry

How HASI stacks vs Financial - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.