Research Analysts Set Expectations for TSE:PIF Q2 Earnings

Polaris Renewable Energy Inc. (TSE:PIF) – Research analysts at National Bank Financial raised their Q2 2025 earnings per share (EPS) estimates for Polaris Renewable Energy in a research report issued on Thursday, May 1st. National Bank Financial analyst R. Merer now anticipates that the company will earn $0.24 per share for the quarter, up from their prior forecast of $0.17. The consensus estimate for Polaris Renewable Energy’s current full-year earnings is $0.65 per share. National Bank Financial also issued estimates for Polaris Renewable Energy’s Q4 2025 earnings at $0.13 EPS and FY2026 earnings at $0.72 EPS.

Several other equities analysts have also recently commented 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 research report on Tuesday, February 11th. Raymond James lowered shares of Polaris Renewable Energy from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, May 1st. Finally, Cormark increased 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.

Polaris Renewable Energy Price Performance

Shares of TSE PIF opened at C$11.46 on Monday. The stock has a market capitalization of C$170.31 million, a PE ratio of 23.74, a P/E/G ratio of 3.28 and a beta of 0.97. The business has a fifty day moving average price of C$11.76 and a two-hundred day moving average price of C$12.44. Polaris Renewable Energy has a fifty-two week low of C$10.70 and a fifty-two week high of C$13.85. The company has a debt-to-equity ratio of 57.48, a current ratio of 1.82 and a quick ratio of 1.64.

Insider Activity at Polaris Renewable Energy

In other Polaris Renewable Energy news, Director Marc Murnaghan sold 2,301 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of C$12.52, for a total value of C$28,808.52. 2.94% of the stock is owned by company insiders.

Polaris Renewable Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.24%. The ex-dividend date was Friday, February 14th. Polaris Renewable Energy’s dividend payout ratio is currently 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.