
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/27/2025: HASI (1-star) is currently NOT-A-BUY. Pass it for now.
Year Target Price $38.6
Year Target Price $38.6
10 | Strong Buy |
4 | Buy |
2 | Hold |
0 | Under performing |
0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit -47.94% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.36B USD | Price to earnings Ratio 25.61 | 1Y Target Price 38.6 |
Price to earnings Ratio 25.61 | 1Y Target Price 38.6 | ||
Volume (30-day avg) - | Beta 1.69 | 52 Weeks Range 21.98 - 35.49 | Updated Date 06/29/2025 |
52 Weeks Range 21.98 - 35.49 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.07% | Basic EPS (TTM) 1.08 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 105.46% | Operating Margin (TTM) -20.76% |
Management Effectiveness
Return on Assets (TTM) 1.93% | Return on Equity (TTM) 5.79% |
Valuation
Trailing PE 25.61 | Forward PE 10.48 | Enterprise Value 8085551104 | Price to Sales(TTM) 26.51 |
Enterprise Value 8085551104 | Price to Sales(TTM) 26.51 | ||
Enterprise Value to Revenue 26.34 | Enterprise Value to EBITDA - | Shares Outstanding 121446000 | Shares Floating 118793711 |
Shares Outstanding 121446000 | Shares Floating 118793711 | ||
Percent Insiders 2.2 | Percent Institutions 112.65 |
Analyst Ratings
Rating 4.5 | Target Price 38.6 | Buy 4 | Strong Buy 10 |
Buy 4 | Strong Buy 10 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Hannon Armstrong Sustainable Infrastructure Capital Inc

Company Overview
History and Background
Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI) was founded in 1981 as a real estate lender and has evolved into a leading investor in climate solutions. It went public in 2013, focusing on sustainable infrastructure investments.
Core Business Areas
- Behind-the-Meter: Investments in projects that reduce energy consumption or greenhouse gas emissions, located on a customer's property.
- Grid-Connected: Investments in clean energy projects that are connected to the electrical grid, such as solar and wind farms.
- Sustainable Infrastructure: Investments in infrastructure projects that promote sustainability, such as energy efficiency upgrades and water conservation projects.
Leadership and Structure
Jeffrey Eckel is the Chairman, President, and CEO. The company operates with a board of directors and a management team overseeing different business segments.
Top Products and Market Share
Key Offerings
- Financing for Renewable Energy Projects: Provides debt and equity financing for solar, wind, and other renewable energy projects. Market share is fragmented but HASI is a significant player. Competitors include large banks, private equity firms, and other specialty finance companies.
- Energy Efficiency Financing: Offers financing for energy efficiency upgrades to commercial and government properties. The market is large and fragmented. Competitors include traditional lenders and energy service companies (ESCOs).
- Sustainable Infrastructure Investments: Invests in various sustainable infrastructure assets, including water and transportation projects. This segment is growing. Competitors are infrastructure funds and private investors.
Market Dynamics
Industry Overview
The sustainable infrastructure market is experiencing significant growth, driven by increasing demand for clean energy and sustainable solutions, government incentives, and growing environmental awareness.
Positioning
HASI is a leading provider of capital to the sustainable infrastructure market, specializing in structuring and financing complex transactions. Its competitive advantage lies in its expertise and established relationships.
Total Addressable Market (TAM)
The global sustainable infrastructure market is estimated to be worth trillions of dollars. HASI is well-positioned to capture a significant share of this market by providing specialized financing solutions. Exact figures change rapidly with new government initiatives.
Upturn SWOT Analysis
Strengths
- Established player in a growing market
- Expertise in structuring complex transactions
- Strong relationships with developers and project sponsors
- Attractive dividend yield
Weaknesses
- Reliance on government incentives
- Interest rate sensitivity
- Complex financial structure
- Relatively high cost of capital
Opportunities
- Increased government support for sustainable infrastructure
- Growing demand for clean energy and energy efficiency
- Expansion into new markets and asset classes
- Partnerships with larger financial institutions
Threats
- Changes in government policy
- Increased competition
- Economic downturn
- Rising interest rates
Competitors and Market Share
Key Competitors
- NEE
- BEP
- AY
- GIP
Competitive Landscape
HASI differentiates itself through its expertise in structuring complex transactions and its focus on sustainable infrastructure. However, larger competitors have greater access to capital and broader service offerings.
Major Acquisitions
CounterPointe Energy Solutions
- Year: 2021
- Acquisition Price (USD millions): 25
- Strategic Rationale: Expanded HASI's capabilities in the C-PACE financing market.
Growth Trajectory and Initiatives
Historical Growth: HASI has experienced significant growth in recent years, driven by the increasing demand for sustainable infrastructure and its ability to structure and finance complex transactions.
Future Projections: Analysts expect HASI to continue to grow its revenue and earnings in the coming years, driven by the increasing adoption of clean energy and sustainable solutions.
Recent Initiatives: Expanding into new markets, developing new financial products, and strengthening its relationships with key partners.
Summary
Hannon Armstrong is a leading investor in climate solutions, benefiting from a growing market and strong industry relationships. However, its reliance on government incentives and sensitivity to interest rates pose risks. It has demonstrated solid growth with its tailored offerings, but competition could threaten future returns.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Investor Presentations
- Analyst Reports
- Industry Research
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on your own research and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hannon Armstrong Sustainable Infrastructure Capital Inc
Exchange NYSE | Headquaters Annapolis, MD, United States | ||
IPO Launch date 2013-04-18 | President, CEO & Director Mr. Jeffrey A. Lipson | ||
Sector Financial Services | Industry Asset Management | Full time employees 153 | Website https://www.hasi.com |
Full time employees 153 | Website https://www.hasi.com |
HA Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment in energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities. It invests in climate solution, including Behind-the-Meter that distributes energy projects which reduce energy usage or cost through heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems; Grid-Connected, a renewable energy projects that deploy cleaner energy sources, such as solar, solar-plus-storage, and wind to generate power production; and Fuels, Transport, and Nature, a range of infrastructure assets that are designed to reduce emissions and/or provide environmental benefits in projects beyond the power grid such as transportation and fuels comprising renewable natural gas plants, transportation fleet enhancements, ecological restoration, and other projects. The company was formerly known as Hannon Armstrong Sustainable Infrastructure Capital, Inc. and changed its name to HA Sustainable Infrastructure Capital, Inc. in June 2024. HA Sustainable Infrastructure Capital, Inc. was founded in 1981 and is headquartered in Annapolis, Maryland.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.