Sunrun (RUN) Projected to Post Quarterly Earnings on Wednesday

Sunrun (NASDAQ:RUN - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect Sunrun to post earnings of ($0.26) per share and revenue of $487.29 million for the quarter.

Sunrun Stock Up 1.4 %

Shares of NASDAQ RUN traded up $0.10 during mid-day trading on Friday, reaching $7.29. 7,133,960 shares of the company traded hands, compared to its average volume of 10,712,307. The company's fifty day moving average is $6.71 and its two-hundred day moving average is $9.27. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.15 and a current ratio of 1.47. Sunrun has a fifty-two week low of $5.45 and a fifty-two week high of $22.26. The stock has a market cap of $1.65 billion, a PE ratio of -4.01 and a beta of 2.74.

Insider Activity at Sunrun

In other news, CRO Paul S. Dickson sold 19,343 shares of the company's stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.74, for a total transaction of $130,371.82. Following the transaction, the executive now directly owns 399,729 shares in the company, valued at approximately $2,694,173.46. This represents a 4.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jeanna Steele sold 9,942 shares of the business's stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $6.74, for a total transaction of $67,009.08. Following the completion of the transaction, the insider now owns 291,238 shares of the company's stock, valued at $1,962,944.12. This trade represents a 3.30 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 138,540 shares of company stock valued at $1,050,944 in the last three months. Corporate insiders own 3.77% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Royal Bank of Canada reduced their price objective on shares of Sunrun from $17.00 to $14.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd. Susquehanna decreased their price target on shares of Sunrun from $13.00 to $10.00 and set a "positive" rating for the company in a report on Monday, April 14th. TD Cowen dropped their price objective on Sunrun from $18.00 to $14.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. Truist Financial reissued a "hold" rating and set a $6.00 price objective (down previously from $9.00) on shares of Sunrun in a research report on Wednesday, April 16th. Finally, BNP Paribas raised Sunrun from a "neutral" rating to an "outperform" rating and set a $16.00 target price on the stock in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Sunrun presently has an average rating of "Hold" and a consensus price target of $14.92.

About Sunrun

Sunrun Inc designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.