8point3 Energy Partners LP, together with its subsidiaries, acquires, owns, and operates solar energy generation projects in the United States. It owns interests in 10 utility-scale solar energy projects; and 4 commercial and industrial solar energy projects, as well as a portfolio of residential DG solar assets. As of November 30, 2017, its portfolio consisted of interests in 946 megawatt of solar energy projects. 8point3 General Partner, LLC serves as the general partner of the company. The company was founded in 2015 and is based in San Jose, California.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
Phone408-240-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableOptionable
8Point3 Energy Partners (NASDAQ:CAFD) Frequently Asked Questions
What is 8Point3 Energy Partners' stock symbol?
8Point3 Energy Partners trades on the NASDAQ under the ticker symbol "CAFD."
How often does 8Point3 Energy Partners pay dividends? What is the dividend yield for 8Point3 Energy Partners?
8Point3 Energy Partners declared a quarterly dividend on Friday, March 23rd. Shareholders 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 dividend on an annualized basis and a yield of 9.02%. The ex-dividend date is Monday, April 2nd. View 8Point3 Energy Partners' Dividend History.
How were 8Point3 Energy Partners' earnings last quarter?
8Point3 Energy Partners LP (NASDAQ:CAFD) announced its quarterly earnings data on Wednesday, March, 28th. The energy company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.27. The energy company had revenue of $10.87 million for the quarter, compared to the consensus estimate of $11.17 million. View 8Point3 Energy Partners' Earnings History.
What price target have analysts set for CAFD?
1 brokers have issued 12 month price objectives for 8Point3 Energy Partners' stock. Their predictions range from $13.00 to $13.00. On average, they anticipate 8Point3 Energy Partners' stock price to reach $13.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for 8Point3 Energy Partners.
What is the consensus analysts' recommendation for 8Point3 Energy Partners?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 8Point3 Energy Partners in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for 8Point3 Energy Partners.
Has 8Point3 Energy Partners been receiving favorable news coverage?
News headlines about CAFD stock have been trending negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. 8Point3 Energy Partners earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned news articles about the energy company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are some of 8Point3 Energy Partners' key competitors?
Some companies that are related to 8Point3 Energy Partners include NextEra Energy (NEE), Enel S.p.A. ADS (ENLAY), Dominion Energy (D), Southern (SO), American Electric Power (AEP), CLP (CLPHY), PPL (PPL), DTE Energy (DTE), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), Korea Electric Power (KEP), Entergy (ETR), Tenaga Nasional Bhd (TNABY) and SSE PLC/S (SSEZY).
What other stocks do shareholders of 8Point3 Energy Partners own?
Who are 8Point3 Energy Partners' key executives?
8Point3 Energy Partners' management team includes the folowing people:
- Mr. Charles D. Boynton, Chairman & CEO of 8point3 Gen. Partner LLC (Age 50)
- Mr. Bryan R. Schumaker, CFO & Interim Chief Accounting Officer of 8point3 Gen. Partner LLC (Age 42)
- Mr. Jason E. Dymbort, Gen. Counsel of 8Point3 Gen. Partner LLC (Age 40)
- Ms. Natalie F. Jackson, VP of Operations & Director of 8point3 Gen. Partner LLC (Age 45)
- Mr. Max Gardner, VP of Operations - 8point3 Gen. Partner LLC (Age 36)
When did 8Point3 Energy Partners IPO?
(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 acted as the underwriters for the IPO and HSBC, MUFG, Mizuho Securities and Baird were co-managers.
How do I buy shares of 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.
What is 8Point3 Energy Partners' stock price today?
One share of CAFD stock can currently be purchased for approximately $12.42.
What is 8Point3 Energy Partners' official website?
How can I contact 8Point3 Energy Partners?
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]
MarketBeat Community Rating for 8Point3 Energy Partners (NASDAQ CAFD)
MarketBeat's community ratings are surveys of what our community members think about 8Point3 Energy Partners and other stocks. Vote "Outperform" if you believe CAFD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAFD will underperform the S&P 500 over the long term. You may vote once every thirty days.
