Q1 Earnings Forecast for TSE:PIF Issued By Clarus Securities

Polaris Renewable Energy Inc. (TSE:PIF) – Equities research analysts at Clarus Securities lowered their Q1 2025 earnings estimates for shares of Polaris Renewable Energy in a report issued on Friday, February 21st. Clarus Securities analyst S. Kammermayer now anticipates that the company will earn $0.14 per share for the quarter, down from their previous estimate of $0.15. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. Clarus Securities also issued estimates for Polaris Renewable Energy’s Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.11 EPS, Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.50 EPS and Q4 2026 earnings at $0.21 EPS.

Several other brokerages also recently weighed in on PIF. National Bankshares dropped their target price on shares of Polaris Renewable Energy from C$23.00 to C$22.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Raymond James upgraded shares of Polaris Renewable Energy to a “strong-buy” rating in a research note on Friday, February 21st. Finally, Cormark boosted their price target on shares of Polaris Renewable Energy from C$23.50 to C$25.00 in a research note on Thursday, January 30th.

Polaris Renewable Energy Trading Up 1.6 %

Shares of Polaris Renewable Energy stock opened at C$12.06 on Monday. The company has a market capitalization of C$179.23 million, a P/E ratio of 24.98, a P/E/G ratio of 3.28 and a beta of 0.97. The company has a debt-to-equity ratio of 57.48, a quick ratio of 1.64 and a current ratio of 1.82. The company has a fifty day moving average of C$12.89 and a 200 day moving average of C$12.59. Polaris Renewable Energy has a fifty-two week low of C$11.08 and a fifty-two week high of C$13.85.

Polaris Renewable Energy Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 28th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.98%. The ex-dividend date is Friday, February 14th. Polaris Renewable Energy’s payout ratio is currently 169.88%.

Insiders Place Their Bets

In other news, Director Marc Murnaghan sold 2,301 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of C$12.52, for a total transaction of C$28,808.52. Corporate insiders own 2.94% of the company’s stock.

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.