HASI
HA Sustainable Infrastructure Capital, Inc. Financial Services - Asset Management Investor Relations →
HA Sustainable Infrastructure Capital, Inc. (HASI) closed at $36.73 as of 2026-09-18, trading 34.2% above its 200-week moving average of $27.37. The stock is currently moving closer to the line, down from 36.8% last week. The 14-week RSI sits at 46, indicating neutral momentum.
Trading volume is running at 1.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.92 ratio) is neutral — neither side is clearly dominating.
Over the past 652 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 $4.7 billion, HASI is a mid-cap stock. Return on equity stands at 3.4%. The stock trades at 1.8x book value.
Share count has increased 40.5% over three years, indicating dilution.
Over the past 12.6 years, a hypothetical investment of $100 in HASI would have grown to $497, compared to $502 for the S&P 500. HASI has returned 13.6% annualized vs 13.7% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 799.4% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 +32.4% after 12 months (median -25.0%), compared to +25.0% 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 +53.5% vs +58.0% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices HASI would reach each dislocation threshold.
Dislocation Price Levels
Prices where HASI's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-11-05.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $36.52 | Unusually cheap — analysis point |
| Value | +1σ | $38.32 | Cheap vs. own history |
| Fair Value | +0σ | $40.30 | Historical mean behavior |
| Expensive | -1σ | $42.50 | Expensive vs. own history |
| Deep Expensive | -2σ | $44.94 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-08-06 | $0.73 | $0.75 | +2.7% |
| 2026-05-07 | $0.69 | $0.77 | +11.8% |
| 2026-02-12 | $0.66 | $0.67 | +1.6% |
| 2025-11-06 | $0.69 | $0.80 | +16.1% |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
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Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are analysis points: prices at which the yield deviation becomes unusual enough to justify the work. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from HASI's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. Each one is an analysis point, a reason to open the filings. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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 | 19.0% | +211.8% | +187.0% |
| Jun 2022 | Jun 2022 | 1 | 4.3% | -19.2% | +31.7% |
| Jul 2022 | Aug 2022 | 3 | 14.9% | -11.8% | +46.7% |
| Sep 2022 | Sep 2024 | 103 | 60.4% | -20.9% | +45.4% |
| Nov 2024 | Aug 2025 | 41 | 24.6% | +18.8% | +41.1% |
| Average | 30 | — | +35.7% | — |
Frequently Asked Questions
Is HASI below its 200-week moving average?
No. HA Sustainable Infrastructure Capital, Inc. (HASI) is currently 34.2% above its 200-week moving average of $27.37. It would need to fall to $27.37 to cross below the line.
What is HASI's 200-week moving average price?
HA Sustainable Infrastructure Capital, Inc.'s 200-week moving average is $27.37 as of 2026-09-18. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when HASI drops below its 200-week moving average?
HASI has crossed below its 200-week moving average 5 times in our data. On average, buying at that moment produced a one-year return of +35.7%. These dips have historically been decent entry points. These episodes lasted 30 weeks on average.
Is HASI a good value right now?
Here's what our data says about HASI as of 2026-09-18: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 46. Return on equity is 3.4%. Price-to-book is 1.8x. This is not a buy or sell recommendation — always do your own research.
How does HASI compare to the S&P 500?
Over the past 12.6 years, $100 invested in HASI would have grown to $497, compared to $502 for the S&P 500. That's 13.6% annualized vs 13.7% for the index. HASI has underperformed the broader market over this period.
Does HASI pay a dividend?
Yes. HA Sustainable Infrastructure Capital, Inc. currently pays a dividend yield of 463.00%.
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 week of 2026-09-18