hannon armstrong provides debt and equity financing to the energy efficiency and renewable energy markets. we focus on providing preferred or senior level capital to established sponsors and high credit quality obligors, such as u.s. federal, state and local governments, global 1000 corporations and private developers, for assets that generate long-term, recurring and predictable cash flows. our management team has extensive industry knowledge and experience, having completed its first renewable energy financing more than 25 years ago and its first energy efficiency financing over 15 years ago. the company is based in annapolis, maryland and elected and qualified to be taxed as a real estate investment trust (reit) for federal income-tax purposes, beginning with its taxable year ended december 31, 2013. nyse: hasi securities are offered by hannon armstrong securities, llc, a registered broker dealer, member of finra and sipc and subsidiary of hannon armstrong sustainable infrastr
Company profile
Ticker
HASI
Exchange
Website
CEO
Jeffrey Walter Eckel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
HA 7V Solar Ranch LLC • HA AllStrong LLC • HA Antelope DSR 3 LLC • HA Athena Capital Holdings LLC • HA Athos III Lender LLC • HA Baldy Mesa Lender LLC • HA Brazoria 2 LLC • HA Brazoria West LLC • HA Buckeye Holdings LLC • HA Chap Springs LLC ...
IRS number
461347456
HASI stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
16 Feb 24
8-K
HASI Announces Fourth Quarter and Full Year 2023 Results, Dividend Increase, Record Closings, and New Three-Year Guidance
15 Feb 24
8-K
Other Events
12 Jan 24
8-K/A
Other Events
9 Jan 24
8-K
Other Events
9 Jan 24
8-K
HASI Announces Conversion to C-Corporation
22 Dec 23
S-3ASR
Automatic shelf registration
8 Dec 23
8-K
Entry into a Material Definitive Agreement
7 Dec 23
8-K
Other Events
4 Dec 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
Transcripts
HASI
Earnings call transcript
2023 Q3
2 Nov 23
HASI
Earnings call transcript
2023 Q2
3 Aug 23
HASI
Earnings call transcript
2023 Q1
4 May 23
HASI
Earnings call transcript
2022 Q4
16 Feb 23
HASI
Earnings call transcript
2022 Q3
4 Nov 22
HASI
Earnings call transcript
2022 Q2
5 Aug 22
HASI
Earnings call transcript
2022 Q1
3 May 22
HASI
Earnings call transcript
2021 Q4
18 Feb 22
HASI
Earnings call transcript
2021 Q3
5 Nov 21
HASI
Earnings call transcript
2021 Q2
6 Aug 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 169.53 mm | 169.53 mm | 169.53 mm | 169.53 mm | 169.53 mm | 169.53 mm |
Cash burn (monthly) | (no burn) | 10.72 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 63.81 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 105.72 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 9.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
95.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 320 |
Opened positions | 59 |
Closed positions | 54 |
Increased positions | 135 |
Reduced positions | 74 |
13F shares | Current |
---|---|
Total value | 2.16 tn |
Total shares | 107.50 mm |
Total puts | 825.90 k |
Total calls | 362.60 k |
Total put/call ratio | 2.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 17.75 mm | $376.31 bn |
Vanguard | 11.90 mm | $252.38 bn |
Wellington Management | 10.32 mm | $218.74 bn |
T. Rowe Price Investment Management | 4.93 mm | $103.71 bn |
Amundi | 4.92 mm | $101.90 bn |
STT State Street | 3.83 mm | $81.14 bn |
Handelsbanken Fonder AB | 3.42 mm | $72.47 mm |
IVZ Invesco | 2.73 mm | $57.94 bn |
Geode Capital Management | 2.14 mm | $45.36 bn |
BNP Paribas Asset Management Holding | 2.08 mm | $43.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Susan D Nickey | LTIP Units Common stock, par value $0.01 per share | Grant | Acquire A | Yes | No | 0 | 60,000 | 0.00 | 136,131 |
1 Mar 24 | Melko Charles | LTIP Units Common stock, par value $0.01 per share | Grant | Acquire A | Yes | No | 0 | 21,038 | 0.00 | 62,345 |
1 Mar 24 | Chuslo Steven | LTIP Units Common stock, par value $0.01 per share | Grant | Acquire A | Yes | No | 0 | 52,200 | 0.00 | 230,004 |
1 Mar 24 | Richard Santoroski | LTIP Units Common stock, par value $0.01 per share | Grant | Acquire A | Yes | No | 0 | 28,500 | 0.00 | 115,159 |
1 Mar 24 | Marc T. Pangburn | LTIP Units Common stock, par value $0.01 per share | Grant | Acquire A | Yes | No | 0 | 73,500 | 0.00 | 179,124 |
News
B of A Securities Maintains Buy on Hannon Armstrong, Raises Price Target to $31
13 Mar 24
Morgan Stanley Maintains Overweight on Hannon Armstrong, Raises Price Target to $30
26 Feb 24
Goldman Sachs Maintains Neutral Rating for Hannon Armstrong: Here's What You Need To Know
20 Feb 24
HASI Increases Quarterly Dividend From $0.3950 To $0.4150 Per Share; Announces 2% Discount On 2023 Dividend Reinvestment And Stock Purchase Plan For Q1 Of 2024
15 Feb 24
Recap: Hannon Armstrong Q4 Earnings
15 Feb 24
Press releases
SunPower Secures More Than $300M in Project Financing Commitments for Industry-Leading Residential Solar and Storage Lease Programs
23 Feb 24
HASI Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call
2 Feb 24
HASI Announces 2023 Dividend Income Tax Treatment
31 Jan 24
HASI Upsizes and Prices Add-On Private Offering of $200 Million of Green Senior Unsecured Notes at a Yield to Maturity of 7.08%
9 Jan 24
HASI Announces Add-On Private Offering of $100 Million Green Senior Unsecured Notes
9 Jan 24