Hannon Armstrong Sustainable Infrastructure Capital, Inc.

HA Sustainable Infrastructure Capital reported record Q1 adjusted EPS of $0.77 and adjusted ROE of 15.7%, with adjusted recurring net investment income up 29% to $101 million and managed assets rising 13% to $16.4 billion. The company reaffirmed its 2028 guidance of $3.50–$3.60 adjusted EPS and 17% adjusted ROE, and said fee-generating assets jumped 130% to $1.1 billion while the 12-month pipeline remains above $6.5 billion. HASI closed $460 million of new transactions in the quarter, issued $1 billion of bonds to lower funding costs, and reported $2.3 billion of available liquidity, saying it is close to a self-funding model that could eliminate 2026 equity issuance. The firm also committed $400 million for a 30% stake in Neogenyx, a biofuels joint venture spun out of Ameresco, with favorable priority cash distributions and expected strong cash yield. » More on finance.yahoo.com

Hannon Armstrong’s stock climbed to a 52-week high of $42.26 and delivered a total return of 70.74% over the past year, with strong gains in the last six months and year-to-date. The company announced the repayment of $450 million par value of Senior Notes (coupon 8.00%; maturity 2027), to be funded by issuances of $600 million of green junior subordinated notes (coupon 7.125%; maturity 2056) and $400 million of green senior unsecured notes (coupon 6.00%; maturity 2036). Proceeds are intended to support green projects and temporarily to partially repay the revolver and the commercial paper programs; settlement of the bonds is expected in early 2026. UBS raised its price target to $44, maintained a "Buy" rating and adjusted core EPS estimates for 2026–2028. » More on de.investing.com

Hannon Armstrong’s stock climbed to a 52-week high of $41.73 and delivered a total return of 77.67% over the past year. The company offers a dividend yield of 4.14% and is rated by InvestingPro as undervalued versus fair value. Hannon Armstrong refinanced senior notes of $450 million using new green bonds ( $600 million junior, $400 million senior), and UBS raised its price target from $40 to $44 while maintaining a "Buy" rating. » More on de.investing.com