NASDAQ:CAFD - 8Point3 Energy Partners Stock Price, News, & Analysis

8Point3 Energy Partners trades on the NASDAQ under the ticker symbol "CAFD."

8Point3 Energy Partners announced a quarterly dividend on Friday, March 23rd. Stockholders of record on Tuesday, April 3rd will be paid a dividend of $0.2802 per share on Friday, April 13th. This represents a $1.12 annualized dividend and a dividend yield of 9.02%. The ex-dividend date is Monday, April 2nd. View 8Point3 Energy Partners' Dividend History.

8Point3 Energy Partners LP (NASDAQ:CAFD) announced its quarterly earnings data on Wednesday, March, 28th. The energy company reported $0.35 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.27. The energy company earned $10.87 million during the quarter, compared to analysts' expectations of $11.17 million. 8Point3 Energy Partners had a net margin of 28.84% and a return on equity of 1.96%. View 8Point3 Energy Partners' Earnings History.

10 brokerages have issued 1-year price targets for 8Point3 Energy Partners' stock. Their forecasts range from $12.00 to $16.00. On average, they anticipate 8Point3 Energy Partners' stock price to reach $13.2857 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for 8Point3 Energy Partners.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 8Point3 Energy Partners in the last year. There are currently 1 sell rating and 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 8Point3 Energy Partners.

Some companies that are related to 8Point3 Energy Partners include Hawaiian Electric Industries (HE), Clearway Energy Inc Class C (NYLD), Black Hills (BKH), PNM Resources (PNM), Ormat Technologies (ORA), Nextera Energy Partners (NEP), El Paso Electric (EE), TerraForm Power (TERP), Pampa Energia (PAM), Atlantica Yield (AY), CEMIG (CIG), Pattern Energy Group (PEGI), Otter Tail (OTTR), Dynegy (DYN) and TransAlta (TAC).

(CAFD) raised $400 million in an IPO on Friday, June 19th 2015. The company issued 20,000,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, Citigroup, Deutsche Bank Securities, J.P. Morgan and Credit Agricole CIB acted as the underwriters for the IPO and HSBC, MUFG, Mizuho Securities and Baird were co-managers.

Media coverage about CAFD stock has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. 8Point3 Energy Partners earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news headlines about the energy company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for 8Point3 Energy Partners.

Shares of CAFD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CAFD stock can currently be purchased for approximately $12.42.

8Point3 Energy Partners has a market capitalization of $982.34 million and generates $70.08 million in revenue each year.

8Point3 Energy Partners' mailing address is 77 RIO ROBLES, SAN JOSE CA, 95134. The energy company can be reached via phone at 408-240-5500 or via email at [email protected]