HASI
HA Sustainable Infrastructure Capital, Inc. Financial Services - Asset Management Investor Relations →
HA Sustainable Infrastructure Capital, Inc. (HASI) closed at $36.13 as of 2026-02-02, trading 37.2% above its 200-week moving average of $26.33. The stock moved further from the line this week, up from 30.7% last week. With a 14-week RSI of 75, HASI is in overbought territory.
Over the past 620 weeks of data, HASI has crossed below its 200-week moving average 5 times. On average, these episodes lasted 30 weeks. Historically, investors who bought HASI at the start of these episodes saw an average one-year return of +35.7%.
With a market cap of $4.6 billion, HASI is a mid-cap stock. Return on equity stands at 12.5%. The stock trades at 1.7x book value.
Share count has increased 39.4% over three years, indicating dilution.
Over the past 12 years, a hypothetical investment of $100 in HASI would have grown to $478, compared to $453 for the S&P 500. That represents an annualized return of 13.9% vs 13.4% for the index — confirming HASI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -24% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: HASI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HASI Crosses Below the Line?
Across 5 historical episodes, buying HASI when it crossed below its 200-week moving average produced an average return of +33.2% after 12 months (median -25.0%), compared to +25.2% for the S&P 500 over the same periods. 40% of those episodes were profitable after one year. After 24 months, the average return was +53.8% vs +58.5% for the index.
Each line shows $100 invested at the moment HASI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HASI has crossed below its 200-week MA 5 times with an average 1-year return of +35.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2020 | Apr 2020 | 3 | 20.3% | +211.8% | +176.0% |
| Jun 2022 | Jun 2022 | 1 | 4.2% | -19.2% | +26.7% |
| Jul 2022 | Aug 2022 | 3 | 14.9% | -11.8% | +41.1% |
| Sep 2022 | Sep 2024 | 103 | 61.1% | -20.9% | +39.8% |
| Nov 2024 | Aug 2025 | 41 | 24.5% | +18.8% | +35.7% |
| Average | 30 | — | +35.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02