Sunday, June 24, 2018

$11.00 Million in Sales Expected for Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) This Quarter

Wall Street analysts expect Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE:HASI) to announce $11.00 million in sales for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Hannon Armstrong Sustnbl Infrstr Cap’s earnings, with the lowest sales estimate coming in at $10.03 million and the highest estimate coming in at $11.90 million. Hannon Armstrong Sustnbl Infrstr Cap posted sales of $12.91 million in the same quarter last year, which suggests a negative year-over-year growth rate of 14.8%. The firm is expected to issue its next earnings results on Wednesday, August 1st.

On average, analysts expect that Hannon Armstrong Sustnbl Infrstr Cap will report full-year sales of $46.05 million for the current financial year, with estimates ranging from $42.92 million to $51.00 million. For the next year, analysts forecast that the business will report sales of $50.01 million per share, with estimates ranging from $41.60 million to $57.00 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Hannon Armstrong Sustnbl Infrstr Cap.

Get Hannon Armstrong Sustnbl Infrstr Cap alerts:

Hannon Armstrong Sustnbl Infrstr Cap (NYSE:HASI) last posted its earnings results on Thursday, May 3rd. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04). The business had revenue of $9.20 million for the quarter, compared to analyst estimates of $10.24 million. Hannon Armstrong Sustnbl Infrstr Cap had a return on equity of 8.40% and a net margin of 20.45%.

HASI has been the subject of a number of research analyst reports. Cowen set a $28.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Thursday, February 22nd. B. Riley set a $26.00 target price on shares of Hannon Armstrong Sustnbl Infrstr Cap and gave the stock a “buy” rating in a research report on Thursday, February 22nd. UBS Group initiated coverage on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research report on Thursday, March 15th. They set a “buy” rating and a $21.00 target price for the company. Zacks Investment Research raised shares of Hannon Armstrong Sustnbl Infrstr Cap from a “sell” rating to a “hold” rating in a research report on Thursday, May 10th. Finally, Robert W. Baird reissued an “outperform” rating and set a $26.00 target price (down previously from $30.00) on shares of Hannon Armstrong Sustnbl Infrstr Cap in a research report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $25.89.

In other news, Director Steven G. Osgood acquired 5,000 shares of the stock in a transaction on Monday, June 4th. The stock was bought at an average price of $18.28 per share, with a total value of $91,400.00. Following the completion of the transaction, the director now directly owns 28,281 shares of the company’s stock, valued at $516,976.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey Eckel acquired 1,630 shares of the stock in a transaction on Wednesday, May 9th. The stock was purchased at an average cost of $18.95 per share, with a total value of $30,888.50. Following the transaction, the insider now directly owns 877,270 shares of the company’s stock, valued at $16,624,266.50. The disclosure for this purchase can be found here. Insiders acquired 22,435 shares of company stock valued at $411,277 in the last ninety days. 5.30% of the stock is owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in HASI. Handelsbanken Fonder AB grew its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 130.1% during the first quarter. Handelsbanken Fonder AB now owns 944,483 shares of the real estate investment trust’s stock worth $18,417,000 after buying an additional 534,083 shares in the last quarter. Teachers Advisors LLC grew its position in shares of Hannon Armstrong Sustnbl Infrstr Cap by 386.2% during the fourth quarter. Teachers Advisors LLC now owns 426,796 shares of the real estate investment trust’s stock worth $10,269,000 after buying an additional 339,010 shares in the last quarter. American Assets Capital Advisers LLC bought a new position in Hannon Armstrong Sustnbl Infrstr Cap during the first quarter worth $6,068,000. Amundi Pioneer Asset Management Inc. bought a new position in Hannon Armstrong Sustnbl Infrstr Cap during the fourth quarter worth $7,401,000. Finally, Van ECK Associates Corp lifted its stake in Hannon Armstrong Sustnbl Infrstr Cap by 15.5% during the first quarter. Van ECK Associates Corp now owns 1,379,890 shares of the real estate investment trust’s stock worth $26,908,000 after purchasing an additional 184,817 shares during the last quarter. 71.80% of the stock is owned by institutional investors and hedge funds.

HASI traded down $0.02 on Tuesday, reaching $19.02. 5,147 shares of the company’s stock were exchanged, compared to its average volume of 380,416. The company has a market cap of $993.15 million, a PE ratio of 18.03, a price-to-earnings-growth ratio of 2.59 and a beta of 0.83. Hannon Armstrong Sustnbl Infrstr Cap has a twelve month low of $17.33 and a twelve month high of $25.28. The company has a debt-to-equity ratio of 2.28, a quick ratio of 38.94 and a current ratio of 38.94.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 12th. Shareholders of record on Thursday, July 5th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 6.94%. The ex-dividend date of this dividend is Tuesday, July 3rd. Hannon Armstrong Sustnbl Infrstr Cap’s dividend payout ratio (DPR) is 125.71%.

About Hannon Armstrong Sustnbl Infrstr Cap

Hannon Armstrong Sustainable Infrastructure Capital, Inc provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The company's projects include energy efficiency projects that reduce a building's or facility's energy usage or cost through enhancing or installing various building components, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.

Get a free copy of the Zacks research report on Hannon Armstrong Sustnbl Infrstr Cap (HASI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Wednesday, June 20, 2018

Gaia Inc (GAIA) Expected to Announce Earnings of -$0.42 Per Share

Wall Street analysts forecast that Gaia Inc (NASDAQ:GAIA) will report earnings per share (EPS) of ($0.42) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Gaia’s earnings. Gaia also posted earnings of ($0.42) per share in the same quarter last year. The firm is scheduled to report its next earnings results on Monday, August 6th.

According to Zacks, analysts expect that Gaia will report full year earnings of ($1.65) per share for the current year, with EPS estimates ranging from ($1.75) to ($1.58). For the next fiscal year, analysts anticipate that the company will report earnings of ($1.21) per share, with EPS estimates ranging from ($1.37) to ($1.13). Zacks’ EPS averages are an average based on a survey of research analysts that follow Gaia.

Get Gaia alerts:

Gaia (NASDAQ:GAIA) last posted its quarterly earnings data on Monday, May 7th. The company reported ($0.39) earnings per share for the quarter, topping the consensus estimate of ($0.53) by $0.14. The firm had revenue of $9.62 million for the quarter, compared to analysts’ expectations of $9.41 million. Gaia had a negative return on equity of 26.84% and a negative net margin of 72.00%.

A number of research analysts recently commented on GAIA shares. B. Riley started coverage on Gaia in a research report on Monday, March 26th. They issued a “buy” rating and a $23.00 price target on the stock. Lake Street Capital restated a “buy” rating and issued a $20.00 price target (up previously from $17.00) on shares of Gaia in a research report on Tuesday, February 27th. Dougherty & Co started coverage on Gaia in a research report on Wednesday, March 28th. They issued a “buy” rating and a $22.00 price target on the stock. Roth Capital started coverage on Gaia in a research note on Friday, April 27th. They issued a “buy” rating and a $21.00 price objective on the stock. Finally, TheStreet raised Gaia from a “d+” rating to a “c-” rating in a research note on Monday, February 26th. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $22.25.

Shares of NASDAQ GAIA opened at $20.90 on Wednesday. Gaia has a 52 week low of $10.35 and a 52 week high of $21.00. The firm has a market capitalization of $360.34 million, a P/E ratio of -13.31 and a beta of 0.82.

A number of large investors have recently added to or reduced their stakes in GAIA. BlackRock Inc. boosted its stake in Gaia by 0.9% in the fourth quarter. BlackRock Inc. now owns 776,008 shares of the company’s stock valued at $9,623,000 after buying an additional 6,882 shares in the last quarter. Suntrust Banks Inc. acquired a new stake in Gaia in the fourth quarter valued at about $136,000. Geode Capital Management LLC boosted its stake in Gaia by 35.1% in the fourth quarter. Geode Capital Management LLC now owns 138,771 shares of the company’s stock valued at $1,720,000 after buying an additional 36,047 shares in the last quarter. Deutsche Bank AG boosted its stake in Gaia by 14.1% in the fourth quarter. Deutsche Bank AG now owns 91,628 shares of the company’s stock valued at $1,134,000 after buying an additional 11,343 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in Gaia by 82.8% in the fourth quarter. Millennium Management LLC now owns 55,656 shares of the company’s stock valued at $690,000 after buying an additional 25,202 shares in the last quarter. 41.85% of the stock is currently owned by institutional investors and hedge funds.

About Gaia

Gaia, Inc operates a digital video subscription service and online community that caters underserved subscribers worldwide. The company has a digital content library of approximately 8,000 titles available to its subscribers on Internet-connected devices. Its subscribers have access to a library of films, documentaries, interviews, yoga classes, transformation related content, and others for digital streaming.

Get a free copy of the Zacks research report on Gaia (GAIA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Gaia (NASDAQ:GAIA)

Monday, June 4, 2018

CNO Financial Group (CNO) Declares Dividend Increase – $0.10 Per Share

CNO Financial Group (NYSE:CNO) announced a quarterly dividend on Thursday, May 10th, Wall Street Journal reports. Stockholders of record on Monday, June 11th will be given a dividend of 0.10 per share by the financial services provider on Monday, June 25th. This represents a $0.40 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, June 8th. This is a boost from CNO Financial Group’s previous quarterly dividend of $0.09.

CNO Financial Group has raised its dividend payment by an average of 13.4% per year over the last three years and has increased its dividend every year for the last 5 years. CNO Financial Group has a payout ratio of 21.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect CNO Financial Group to earn $2.19 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 16.4%.

Get CNO Financial Group alerts:

CNO Financial Group opened at $20.38 on Friday, MarketBeat reports. CNO Financial Group has a 52-week low of $19.37 and a 52-week high of $26.47. The firm has a market capitalization of $3.34 billion, a PE ratio of 10.09, a price-to-earnings-growth ratio of 0.99 and a beta of 1.16. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.55.

CNO Financial Group (NYSE:CNO) last released its quarterly earnings data on Wednesday, April 25th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.44. CNO Financial Group had a net margin of 4.67% and a return on equity of 6.92%. The company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.01 billion. research analysts anticipate that CNO Financial Group will post 2.02 EPS for the current fiscal year.

Several equities research analysts have recently issued reports on the stock. Morgan Stanley reissued an “equal weight” rating on shares of CNO Financial Group in a research report on Thursday. Zacks Investment Research lowered shares of CNO Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, April 6th. ValuEngine lowered shares of CNO Financial Group from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Wells Fargo & Co set a $23.00 price objective on shares of CNO Financial Group and gave the stock a “hold” rating in a research report on Wednesday, April 25th. Finally, William Blair assumed coverage on shares of CNO Financial Group in a research report on Monday, March 12th. They issued an “outperform” rating for the company. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $24.00.

About CNO Financial Group

CNO Financial Group, Inc, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.

Dividend History for CNO Financial Group (NYSE:CNO)