Section 1: Company Fundamentals

1.1 Company Overview:

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) is focused on making investments in climate solutions, including energy efficiency, renewable energy, and other sustainable infrastructure markets.

Kalkine’s US Daily Report covers the Company Overview, Key positives & negatives, Investment summary, Business updates and insights into company recent financial results, Key Risks & Outlook, Price performance and technical summary, Target Price, and Recommendation on the stock.

Stock Performance:

• The stock has corrected by 15.24% in the last three months as well as by 31.9% in the last nine months.
• The stock is leaning towards the lower band of its 52-week range of USD 46.24 and 52-week low price of USD 21.56 The price is currently closer to its 52-week low and important support range of USD 21.00-USD 23.00.
• The price is currently trading below both its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of 50.74, with the expectation of a trend reversal.

1.2 Summary Table

1.3 The Key Positives, Negatives and Investment Summary:

1.4 Key Metrics:

HASI has been efficient at each levels of operations which is evident through higher profitability margins at each levels of operations.

Section 2: Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Buy” at the current market price of USD 26.77, as on May 23, 2023, at 06:45 am PDT)

2.1 Company Details

2.2 Valuation and Technical Guidance

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) is also a part of Kalkine’s Global Green Energy Portfolio.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is May 23, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.