Polaris Renewable Energy (TSE:PIF – Free Report) had its price objective reduced by Raymond James from C$21.50 to C$19.00 in a research note published on Thursday, BayStreet.CA reports. They currently have a strong-buy rating on the stock. Raymond James also issued estimates for Polaris Renewable Energy’s Q2 2024 earnings at $0.11 EPS, Q3 2024 earnings at $0.15 EPS, Q4 2024 earnings at $0.19 EPS, FY2024 earnings at $0.56 EPS, Q1 2025 earnings at $0.15 EPS, Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.18 EPS and FY2025 earnings at $0.64 EPS.
Polaris Renewable Energy Stock Up 0.6 %
Polaris Renewable Energy stock opened at C$11.57 on Thursday. Polaris Renewable Energy has a 1-year low of C$11.08 and a 1-year high of C$15.77. The firm has a market capitalization of C$243.90 million, a price-to-earnings ratio of 15.22, a P/E/G ratio of 3.28 and a beta of 0.89. The company has a current ratio of 1.72, a quick ratio of 1.64 and a debt-to-equity ratio of 64.88. The firm has a 50 day simple moving average of C$11.65 and a 200 day simple moving average of C$12.58.
Polaris Renewable Energy (TSE:PIF – Get Free Report) last released its quarterly earnings data on Thursday, February 22nd. The company reported C$0.10 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.13 by C($0.03). Polaris Renewable Energy had a net margin of 14.96% and a return on equity of 4.37%. The business had revenue of C$25.53 million during the quarter, compared to analysts’ expectations of C$27.11 million. On average, analysts predict that Polaris Renewable Energy will post 0.5694106 earnings per share for the current year.
Polaris Renewable Energy Announces Dividend
Polaris Renewable Energy Company Profile
Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.
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