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Earnings
Hannon Armstrong backs EPS CAGR rate of 10%-13% for 2021-2024 » 16:20
05/03/22
05/03
16:20
05/03/22
16:20
HASI

Hannon Armstrong

$41.58 /

+1.035 (+2.55%)

The Company expects that…

The Company expects that annual distributable earnings per share will grow at a compounded annual rate of 10% to 13% from 2021 to 2024, relative to the 2020 baseline of $1.55 per share, which is equivalent to a 2024 midpoint of $2.40 per share. The Company also expects growth of annual dividends per share to be at a compounded annual rate of 5% to 8%. This guidance reflects the Company's judgments and estimates of (i) yield on its existing portfolio; (ii) yield on incremental portfolio investments, inclusive of the Company's existing pipeline; (iii) the volume and profitability of transactions; (iv) amount, timing, and costs of debt and equity capital to fund new investments; (v) changes in costs and expenses reflective of the Company's forecasted operations; and (vi) the general interest rate and market environment. All guidance is based on current expectations of the ongoing and future impact of COVID-19 and the speed and efficacy of vaccine distribution on economic conditions, the regulatory environment, the dynamics of the markets in which we operate and the judgment of the Company's management team, among other factors. In addition, distributions are subject to approval by the Company's Board of Directors on a quarterly basis. The Company has not provided GAAP guidance as discussed in the Forward-Looking Statements section of this press release.

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HASI Hannon Armstrong
$41.58 /

+1.035 (+2.55%)

04/22/22 B. Riley
Hannon Armstrong price target raised to $67 from $64 at B. Riley
02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
HASI Hannon Armstrong
$41.58 /

+1.035 (+2.55%)

HASI Hannon Armstrong
$41.58 /

+1.035 (+2.55%)

Earnings
Hannon Armstrong reports Q1 adjusted EPS 52c, consensus 48c » 16:20
05/03/22
05/03
16:20
05/03/22
16:20
HASI

Hannon Armstrong

$41.58 /

+1.035 (+2.55%)

Reports Q1 revenue…

Reports Q1 revenue $58.48M, consensus $29.07M. "Strong NII growth contributed to this strong quarter and sets us up for a strong year. With our gain on sale revenue, in addition to NII, we demonstrate again that the HASI dual-revenue business model, built on a diverse set of clients, technologies and assets, continues to work well despite macroeconomic and industry challenges" said Jeffrey W. Eckel, Hannon Armstrong Chairman and Chief Executive Officer.

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HASI Hannon Armstrong
$41.58 /

+1.035 (+2.55%)

04/22/22 B. Riley
Hannon Armstrong price target raised to $67 from $64 at B. Riley
02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
HASI Hannon Armstrong
$41.58 /

+1.035 (+2.55%)

HASI Hannon Armstrong
$41.58 /

+1.035 (+2.55%)

Over a month ago
Recommendations
Hannon Armstrong price target raised to $67 from $64 at B. Riley » 07:29
04/22/22
04/22
07:29
04/22/22
07:29
HASI

Hannon Armstrong

$40.93 /

-2.155 (-5.00%)

B. Riley analyst…

B. Riley analyst Christopher Souther raised the firm's price target on Hannon Armstrong to $67 from $64 and keeps a Buy rating on the shares ahead of the Q1 results. Hannon remains a top pick, says the analyst, who favors its "defensive positioning amid high valuations in the space." He sees "strong potential upside" over the next few years years based on expectations of an acceleration of the clean energy transition and policy support.

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HASI Hannon Armstrong
$40.93 /

-2.155 (-5.00%)

02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
HASI Hannon Armstrong
$40.93 /

-2.155 (-5.00%)

HASI Hannon Armstrong
$40.93 /

-2.155 (-5.00%)

Conference/Events
Hannon Armstrong management to meet virtually with KeyBanc » 04:55
03/29/22
03/29
04:55
03/29/22
04:55
HASI

Hannon Armstrong

$46.31 /

+0.25 (+0.54%)

KeyBanc holds a virtual…

KeyBanc holds a virtual meeting with CFO & COO Lipson and VP Reed on March 29.

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HASI Hannon Armstrong
$46.31 /

+0.25 (+0.54%)

02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
HASI Hannon Armstrong
$46.31 /

+0.25 (+0.54%)

HASI Hannon Armstrong
$46.31 /

+0.25 (+0.54%)

Conference/Events
Hannon Armstrong management to meet virtually with KeyBanc » 07:46
03/22/22
03/22
07:46
03/22/22
07:46
HASI

Hannon Armstrong

$45.04 /

-0.85 (-1.85%)

KeyBanc holds a virtual…

KeyBanc holds a virtual meeting with CFO & COO Lipson and VP Reed on March 29.

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HASI Hannon Armstrong
$45.04 /

-0.85 (-1.85%)

HASI Hannon Armstrong
$45.04 /

-0.85 (-1.85%)

02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
HASI Hannon Armstrong
$45.04 /

-0.85 (-1.85%)

HASI Hannon Armstrong
$45.04 /

-0.85 (-1.85%)

Syndicate
Hannon Armstrong files automatic mixed securities shelf  17:37
03/01/22
03/01
17:37
03/01/22
17:37
HASI

Hannon Armstrong

$48.62 /

+1.225 (+2.58%)

 
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HASI Hannon Armstrong
$48.62 /

+1.225 (+2.58%)

HASI Hannon Armstrong
$48.62 /

+1.225 (+2.58%)

02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
HASI Hannon Armstrong
$48.62 /

+1.225 (+2.58%)

HASI Hannon Armstrong
$48.62 /

+1.225 (+2.58%)

Over a quarter ago
Earnings
Hannon Armstrong sees EPS CAGR 10%-13% from 2021-2024 » 16:24
02/17/22
02/17
16:24
02/17/22
16:24
HASI

Hannon Armstrong

$39.79 /

-1.735 (-4.18%)

The Company expects that…

The Company expects that annual distributable earnings per share will grow at a compounded annual rate of 10% to 13% from 2021 to 2024, relative to the 2020 baseline of $1.55 per share, which is equivalent to a 2024 midpoint of $2.40 per share. The Company also expects growth of annual dividends per share to be at a compounded annual rate of 5% to 8%. This guidance reflects the Company's judgments and estimates of (i) yield on its existing portfolio; (ii) yield on incremental portfolio investments, inclusive of the Company's existing pipeline; (iii) the volume and profitability of securitization transactions; (iv) amount, timing, and costs of debt and equity capital to fund new investments; (v) changes in costs and expenses reflective of the Company's forecasted operations; and (vi) the general interest rate and market environment. All guidance is based on current expectations of the ongoing and future impact of COVID-19 and the speed and efficacy of vaccine distribution on economic conditions, the regulatory environment, the dynamics of the markets in which we operate and the judgment of the Company's management team, among other factors. In addition, actual dividend distributions are subject to approval by the Company's Board of Directors on a quarterly basis.

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HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

Earnings
Hannon Armstrong reports Q4 distributable EPS 47c, consensus 41c » 16:23
02/17/22
02/17
16:23
02/17/22
16:23
HASI

Hannon Armstrong

$39.79 /

-1.735 (-4.18%)

Reports Q4 revenue…

Reports Q4 revenue $53.7M, consensus $27.69M. "In the face of macroeconomic and industry headwinds, we had another outstanding year, growing distributable earnings per share by 21% through strong growth in our portfolio and the resulting net investment income," said Jeffrey W. Eckel, Hannon Armstrong Chairman and Chief Executive Officer. "The confidence we have in this business to continue this strong performance causes us to raise and extend guidance for distributable earnings to 10% to 13% and dividends to 5% to 8% per share annually through 2024."

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HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

02/15/22 UBS
Hannon Armstrong upgraded to Buy from Neutral at UBS
02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

HASI Hannon Armstrong
$39.79 /

-1.735 (-4.18%)

Upgrade
Hannon Armstrong upgraded to Buy from Neutral at UBS » 06:29
02/15/22
02/15
06:29
02/15/22
06:29
HASI

Hannon Armstrong

$39.78 /

-0.2 (-0.50%)

UBS analyst Jon Windham…

UBS analyst Jon Windham upgraded Hannon Armstrong to Buy from Neutral with a price target of $50, down from $60. The company is well positioned to produce profitable growth through renewable investment cycles, the analyst tells investors in a research note. Despite being caught-up in the broader growth and clean technology sell-off, Hannon's underlying earnings are relatively stable, while market volatility in underlying asset values can create opportunities, Windham adds.

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HASI Hannon Armstrong
$39.78 /

-0.2 (-0.50%)

HASI Hannon Armstrong
$39.78 /

-0.2 (-0.50%)

02/08/22 B. Riley
Hannon Armstrong price target lowered to $64 from $83 at B. Riley
01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
12/23/21 B. Riley
B. Riley names top three solar and storage ideas for 2022
HASI Hannon Armstrong
$39.78 /

-0.2 (-0.50%)

HASI Hannon Armstrong
$39.78 /

-0.2 (-0.50%)

Recommendations
Hannon Armstrong price target lowered to $64 from $83 at B. Riley » 09:00
02/08/22
02/08
09:00
02/08/22
09:00
HASI

Hannon Armstrong

$41.65 /

+0.69 (+1.68%)

B. Riley analyst…

B. Riley analyst Christopher Souther lowered the firm's price target on Hannon Armstrong to $64 from $83 and keeps a Buy rating on the shares. The analyst recommends taking advantage of weakness around "short-term disruptions" for individual sustainable energy companies or the sector overall "provided the volatility hasn't impacted the longer-term growth thesis." However, he lowered price targets across the board to reflect multiple compression. The group has significantly underperformed benchmarks, "creating more attractive entry points," Souther tells investors in a research note.

ShowHide Related Items >><<
HASI Hannon Armstrong
$41.65 /

+0.69 (+1.68%)

HASI Hannon Armstrong
$41.65 /

+0.69 (+1.68%)

01/20/22 JPMorgan
Hannon Armstrong price target lowered to $60 from $70 at JPMorgan
01/13/22 Morgan Stanley
Clean Tech industry view upgraded to Attractive at Morgan Stanley
12/23/21 B. Riley
B. Riley names top three solar and storage ideas for 2022
11/30/21 B. Riley
Hannon Armstrong price target raised to $83 from $82 at B. Riley
HASI Hannon Armstrong
$41.65 /

+0.69 (+1.68%)

HASI Hannon Armstrong
$41.65 /

+0.69 (+1.68%)

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