NASDAQ:CAFD - 8Point3 Energy Partners Stock Price, Price Target & More

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 given 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 of this dividend is Monday, April 2nd. View 8Point3 Energy Partners' Dividend History.

8Point3 Energy Partners LP (NASDAQ:CAFD) posted its quarterly earnings results on Wednesday, March, 28th. The energy company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.27. The energy company had revenue of $10.87 million for the quarter, compared to analyst estimates of $11.17 million. 8Point3 Energy Partners had a return on equity of 1.96% and a net margin of 28.84%. View 8Point3 Energy Partners' Earnings History.

10 brokerages have issued 1 year target prices for 8Point3 Energy Partners' stock. Their forecasts range from $12.00 to $16.00. On average, they expect 8Point3 Energy Partners' share 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 Ratings 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."

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

(CAFD) raised $400 million in an initial public offering 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 served as the underwriters for the IPO and HSBC, MUFG, Mizuho Securities and Baird were co-managers.

Media stories about CAFD stock have been trending somewhat positive on Wednesday, Accern reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. 8Point3 Energy Partners earned a media sentiment score of 0.16 on Accern's scale. They also gave press coverage about the energy company an impact score of 46.60 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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]