Q1 Earnings Forecast for TSE:PIF Issued By Clarus Securities

Polaris Renewable Energy Inc. (TSE:PIF) – Clarus Securities cut their Q1 2025 earnings estimates for Polaris Renewable Energy in a research report issued on Friday, February 21st. Clarus Securities analyst S. Kammermayer now forecasts that the company will post earnings of $0.14 per share for the quarter, down from their prior forecast 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.

PIF has been the subject of a number of other reports. Raymond James upgraded shares of Polaris Renewable Energy to a “strong-buy” rating in a research note on Friday. Cormark boosted their price objective on shares of Polaris Renewable Energy from C$23.50 to C$25.00 in a research note on Thursday, January 30th. Finally, National Bankshares reduced their price objective on shares of Polaris Renewable Energy from C$23.00 to C$22.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th.

Polaris Renewable Energy Price Performance

TSE PIF opened at C$11.85 on Monday. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 57.48. The stock has a market capitalization of C$176.11 million, a PE ratio of 24.55, a price-to-earnings-growth ratio of 3.28 and a beta of 0.97. The company has a 50 day moving average price of C$12.93 and a two-hundred day moving average price of C$12.59. Polaris Renewable Energy has a 12-month low of C$11.08 and a 12-month high of C$13.85.

Insider Transactions at Polaris Renewable Energy

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

Polaris Renewable Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 28th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Friday, February 14th. Polaris Renewable Energy’s payout ratio is 169.88%.

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.