pidjoe Thesis The iron boot of the Fed has dropped on dividend-paying companies, with interest rates hitting REITs and mREITs especially hard. Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) has been beaten down especially hard and now yields above 6%. However, the dividend is secure and growing steadily, supported by growing cash flows and operational resilience,…
ExperienceInteriors Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I believed Armstrong World Industries (NYSE:AWI) would continue to see pressure from the elevated inflation and uncertain economic outlook. Despite the initiatives implemented, I thought it was tough to assess the likelihood of success. As it turns…
Armstrong World Industries, Inc. (NYSE:AWI) Q4 2023 Earnings Conference Call February 20, 2024 10:00 AM ET Company Participants Theresa Womble – Vice President, Investor Relations and Corporate Communications Vic Grizzle – President and Chief Executive Officer Chris Calzaretta – Senior Vice President and Chief Financial Officer Conference Call Participants Garik Shmois – Loop Capital Markets…
onurdongel/E+ via Getty Images Synopsis Armstrong World Industries (NYSE:AWI) is a leading manufacturer of innovative commercial and residential ceiling, wall, and suspension system solutions. AWI’s historical financials have shown a robust recovery in revenue growth from the impact of COVID-19, but I do notice a slowdown in growth due to weakening housing demand. In addition,…
The arrest follows a series of controversies surrounding Armstrong. In late August, Hit Network, the entity overseeing the “BitBoy Crypto” brand, severed ties with Armstrong due to concerns related to substance abuse and financial issues affecting employees. Crypto influencer Ben Armstrong, known as BitBoy Crypto, found himself in handcuffs on Monday evening as he attempted…
July Alcantara Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) is a REIT unlike any other. When you think of real estate, you probably think of apartment buildings, offices, logistics or perhaps retail, but you probably wouldn’t think of renewable energy infrastructure projects such as solar and wind power plants or energy storage solutions. Well, these are…
Justin Paget Dear readers/followers, Hannon Armstrong Sustainable Infrastructure Fund (NYSE:HASI) is a unique REIT focused on investing in renewable energy projects. Its projects are roughly split in half between behind-the-meter projects, where energy is both created and consumed on-site (think solar panels on a roof of a warehouse), and grid-connected projects (think large solar and…