8point3 Energy Partners LP Company Profile (NASDAQ:CAFD)

About 8point3 Energy Partners LP

8point3 Energy Partners LP logo8point3 Energy Partners LP (8point3 Partners) is a limited partnership formed by First Solar and SunPower to own, operate and acquire solar energy generation projects. The Company's portfolio includes utility projects, and commercial and industrial (C&I) projects. Its utility projects include MarylandSolar project, a 100% owned project located in Maryland; Solar Gen 2 project, a 49% owned project located in California; Lost Hills / Blackwell project, a 49% owned project located in California; North Star project, a 49% owned project located in California; RPU project, a 100% owned project located in California, and Quinto project, a 100% owned project located in California. Its C&I projects include UC Davis project and Macy's project, which are 100% owned projects located in California. The Company's residential portfolio consists of residential solar energy systems with an aggregate of 39 megawatts of capacity and an average solar energy system capacity of around 7.95 kilowatts.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: CAFD
  • CUSIP:
Key Metrics:
  • Previous Close: $15.67
  • 50 Day Moving Average: $16.24
  • 200 Day Moving Average: $15.31
  • Trailing P/E Ratio: 15.35
  • Foreward P/E Ratio: 22.07
  • P/E Growth: -3.63
  • Market Cap: $313.62M
  • Outstanding Shares: 20,014,000
  • Beta: 1.23
Additional Links:
Companies Related to 8point3 Energy Partners LP:

Analyst Ratings

Consensus Ratings for 8point3 Energy Partners LP (NASDAQ:CAFD) (?)
Ratings Breakdown: 2 Hold Ratings, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.93)
Consensus Price Target: $18.83 (20.19% upside)

Analysts' Ratings History for 8point3 Energy Partners LP (NASDAQ:CAFD)
Show:
DateFirmActionRatingPrice TargetDetails
7/11/2016JPMorgan Chase & Co.UpgradeNeutral -> OverweightView Rating Details
7/11/2016Barclays PLCUpgradeUnderweight -> Overweight$14.00 -> $18.00View Rating Details
6/30/2016Oppenheimer Holdings Inc.Reiterated RatingBuyView Rating Details
6/30/2016Raymond James Financial Inc.Reiterated RatingStrong-BuyView Rating Details
6/1/2016Wells Fargo & Co.Initiated CoverageOutperformView Rating Details
5/31/2016MizuhoLower Price TargetBuy$21.00 -> $18.00View Rating Details
4/12/2016GuggenheimInitiated CoverageNeutralView Rating Details
4/7/2016Deutsche Bank AGReiterated RatingBuy$18.00View Rating Details
4/7/2016Robert W. BairdReiterated RatingOutperform$20.00View Rating Details
4/7/2016Roth CapitalReiterated RatingBuy$18.00View Rating Details
4/7/2016Janney Montgomery ScottBoost Price TargetBuy$19.00 -> $20.00View Rating Details
1/5/2016Goldman Sachs Group Inc.Boost Price Target$17.00 -> $20.00View Rating Details
10/15/2015Northland SecuritiesReiterated RatingOutperform$20.00View Rating Details
9/24/2015Avondale PartnersUpgradeUnderperform -> Market Perform$15.00View Rating Details
7/14/2015Citigroup Inc.Initiated CoverageNeutral$21.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for 8point3 Energy Partners LP (NASDAQ:CAFD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/28/2016        
6/29/2016Q216($0.01)$0.50$11.60 million$13.50 millionViewListenView Earnings Details
4/6/2016Q415($0.11)$0.27$6.74 million$7.10 millionViewListenView Earnings Details
2/2/2016Q415$0.04$1.38$13.19 millionViewListenView Earnings Details
9/30/2015Q315$0.07$0.05$3.10 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for 8point3 Energy Partners LP (NASDAQ:CAFD)
Current Year EPS Consensus Estimate: $0.85 EPS
Next Year EPS Consensus Estimate: $0.71 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.05)($0.05)($0.05)
Q2 20162($0.13)$0.03($0.05)
Q3 20162$0.14$0.57$0.36
Q4 20162$0.03$0.42$0.23
Q1 20172$0.01$0.16$0.09
Q2 20172($0.06)$0.39$0.17
Q3 20172$0.09$0.50$0.30
Q4 20172$0.01$0.20$0.11
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for 8point3 Energy Partners LP (NASDAQ:CAFD)
Annual Dividend:$0.93
Dividend Yield:5.93%
Payout Ratio:109.41% (Based on Current Year Consensus EPS Estimate)
130.99% (Based on Next Year Consensus EPS Estimate)

Dividend History for 8point3 Energy Partners LP (NASDAQ:CAFD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/21/2016quarterly$0.236.39%6/30/20167/5/20167/15/2016
3/25/2016quarterly$0.226.23%4/1/20164/5/20164/14/2016
12/23/2015quarterly$0.225.63%12/30/20151/4/20161/14/2016
10/2/2015special$0.1610/2/201510/1/201510/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for 8point3 Energy Partners LP (NASDAQ:CAFD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/18/2016Charles D BoyntonInsiderBuy1,714$14.61$25,041.54View SEC Filing  
4/8/2016Norman J SzydlowskiDirectorBuy1,500$14.40$21,600.00View SEC Filing  
1/21/2016Hedge Fund OceanicMajor ShareholderSell57,505$14.08$809,670.40View SEC Filing  
10/6/2015Ty P DaulDirectorBuy7,500$12.52$93,900.00View SEC Filing  
8/18/2015Charles D BoyntonInsiderBuy7,954$15.25$121,298.50View SEC Filing  
8/18/2015Jason E DymbortGeneral CounselBuy1,600$15.59$24,944.00View SEC Filing  
8/18/2015Thomas C OconnorDirectorBuy6,500$15.50$100,750.00View SEC Filing  
8/17/2015Michael W YackiraDirectorBuy5,000$15.83$79,150.00View SEC Filing  
6/24/2015Michael W YackiraDirectorBuy2,500$20.41$51,025.00View SEC Filing  
6/19/2015Charles D BoyntonInsiderBuy8,000$21.12$168,960.00View SEC Filing  
6/19/2015Michael W YackiraDirectorBuy5,000$21.00$105,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for 8point3 Energy Partners LP (NASDAQ:CAFD)
DateHeadline
realistinvestor.com logo8Point3 Energy Partners LP (NASDAQ:CAFD) Stock Price Likely To Reach $18.05: Wall Street - RealistInvestor.com (NASDAQ:CAFD)
www.realistinvestor.com - August 28 at 3:52 PM
benzinga.com logoBarclays Highlights Solar Outlook, And How To Play The Long Game - Benzinga (NASDAQ:CAFD)
www.benzinga.com - August 24 at 12:16 PM
News IconCrowd Perspectives & Broker Views on 8Point3 Energy Partners LP (NASDAQ:CAFD)? - Post News (NASDAQ:CAFD)
www.kentuckypostnews.com - August 23 at 8:11 AM
realistinvestor.com logoHere’s The Growth Forecast For 8Point3 Energy Partners LP (NASDAQ:CAFD) (NASDAQ:CAFD)
www.realistinvestor.com - August 22 at 8:49 AM
realistinvestor.com logoHere's The Growth Forecast For 8Point3 Energy Partners LP (NASDAQ:CAFD) - RealistInvestor.com (NASDAQ:CAFD)
www.realistinvestor.com - August 21 at 3:51 PM
fool.com logo3 Hidden Energy Dividends You Will Love (NASDAQ:CAFD)
www.fool.com - August 21 at 3:51 PM
News IconInstitutions Have Decreased Their Ownership of 8point3 Energy Partners LP (NASDAQ:CAFD) - Post News (NASDAQ:CAFD)
www.kentuckypostnews.com - August 19 at 11:34 AM
realistinvestor.com logoAnalysts Set $18.05 Price Target For 8Point3 Energy Partners LP (NASDAQ:CAFD) - RealistInvestor.com (NASDAQ:CAFD)
www.realistinvestor.com - August 17 at 4:09 PM
realistinvestor.com logoAnalysts Set $18.05 Price Target For 8Point3 Energy Partners LP (NASDAQ:CAFD) (NASDAQ:CAFD)
www.realistinvestor.com - August 16 at 4:08 PM
stocksdaily.net logoWill 8Point3 Energy Partners LP (NASDAQ:CAFD) Surprise Analysts This Quarter? - Stocks Daily (NASDAQ:CAFD)
www.stocksdaily.net - August 15 at 4:11 PM
marketwatch.com logoWhen will the clouds part for solar stocks? (NASDAQ:CAFD)
www.marketwatch.com - August 15 at 11:17 AM
capitalcube.com logoETF’s with exposure to 8point3 Energy Partners LP : August 15, 2016 (NASDAQ:CAFD)
www.capitalcube.com - August 15 at 11:17 AM
investors.com logoSunPower Downgraded After 30% Stock Crash, Won't 'Weather The Storm' (NASDAQ:CAFD)
www.investors.com - August 13 at 11:29 AM
stocksdaily.net logoWill 8Point3 Energy Partners LP (NASDAQ:CAFD) Surprise Analysts This Quarter? (NASDAQ:CAFD)
www.stocksdaily.net - August 13 at 11:29 AM
capitalcube.com logo8point3 Energy Partners LP breached its 50 day moving average in a Bearish Manner : CAFD-US : August 12, 2016 (NASDAQ:CAFD)
www.capitalcube.com - August 12 at 12:40 PM
thestreet.com logoWhen It Comes To Solar, Wall Street Is Blinded By The Light (NASDAQ:CAFD)
www.thestreet.com - August 11 at 4:07 PM
realistinvestor.com logo8Point3 Energy Partners LP (NASDAQ:CAFD) Mean Price Target At $18.59 - RealistInvestor.com (NASDAQ:CAFD)
www.realistinvestor.com - August 8 at 8:52 AM
reuters.com logoUPDATE 1-First Solar's profit, sales beat estimates; shares rise (NASDAQ:CAFD)
in.reuters.com - August 5 at 12:26 PM
fool.com logo3 Top Solar Stocks to Buy Now (NASDAQ:CAFD)
www.fool.com - August 3 at 12:43 PM
ftsenews.co.uk logoNew Broker Ratings For 8point3 Energy Partners LP (NASDAQ:CAFD) - FTSE News (NASDAQ:CAFD)
www.ftsenews.co.uk - July 29 at 4:04 PM
News IconHow Analysts Rated 8Point3 Energy Partners LP (NASDAQ:CAFD) Last Week? - Consumer Eagle (NASDAQ:CAFD)
www.consumereagle.com - July 22 at 4:06 PM
News Icon8Point3 Energy Partners LP (NASDAQ:CAFD): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:CAFD)
www.engelwooddaily.com - July 21 at 4:07 PM
news.cmlviz.com logo8point3 Energy Partners LP Upside Stock Technicals at Extreme Strength - CML News (NASDAQ:CAFD)
news.cmlviz.com - July 21 at 8:29 AM
News IconShares Recording a Recent High: 8point3 Energy Partners LP (NASDAQ:CAFD) - Press Telegraph (NASDAQ:CAFD)
presstelegraph.com - July 20 at 5:07 PM
News Icon8point3 Energy Partners LP Class A (NASDAQ:CAFD) Sellers Covered 1.91% of Their Shorts - Consumer Eagle (NASDAQ:CAFD)
www.consumereagle.com - July 19 at 9:23 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for 8Point3 Energy Partners LP (NASDAQ:CAFD) - TGP (NASDAQ:CAFD)
telanaganapress.com - July 19 at 10:16 AM
realistinvestor.com logo8Point3 Energy Partners LP (NASDAQ:CAFD)'s Growth Projection - RealistInvestor.com (NASDAQ:CAFD)
www.realistinvestor.com - July 18 at 9:04 AM
News Icon8point3 Energy Partners LP Class A (NASDAQ:CAFD) Short Interest Decreased By 2.58% - Consumer Eagle (NASDAQ:CAFD)
www.consumereagle.com - July 17 at 3:53 PM
fiscalstandard.com logoNext Weeks Broker Price Targets For 8point3 Energy Partners LP (NASDAQ:CAFD) - Fiscal Standard (NASDAQ:CAFD)
www.fiscalstandard.com - July 17 at 3:53 PM
News IconShares Experiencing a Downtrend: 8point3 Energy Partners LP (NASDAQ:CAFD) - TGP (NASDAQ:CAFD)
telanaganapress.com - July 16 at 4:01 PM
tradecalls.org logoJP Morgan Upgrades 8Point3 Energy Partners LP to Overweight - Trade Calls (NASDAQ:CAFD)
www.tradecalls.org - July 15 at 7:49 PM
News Icon8Point3 Energy Partners LP (NASDAQ:CAFD) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:CAFD)
www.engelwooddaily.com - July 14 at 4:05 PM
News IconAnalyst Target and Average Rating Watch: 8Point3 Energy Partners LP (NASDAQ:CAFD) - Press Telegraph (NASDAQ:CAFD)
presstelegraph.com - July 14 at 11:15 AM
capitalcube.com logo8point3 Energy Partners LP : CAFD-US: Dividend Analysis : July 05th, 2016 (record date) : By the numbers : July 14, 2016 (NASDAQ:CAFD)
www.capitalcube.com - July 14 at 10:37 AM
News IconAre Analysts Bullish 8Point3 Energy Partners LP (NASDAQ:CAFD) After Last Week? - Consumer Eagle (NASDAQ:CAFD)
www.consumereagle.com - July 13 at 9:27 PM
News Icon8Point3 Energy Partners LP (NASDAQ:CAFD) Wall Street Analyst Recommendation Outlook - Telanagana Press (NASDAQ:CAFD)
telanaganapress.com - July 12 at 8:14 AM
benzinga.com logo8point3 Energy's Rating From Barclays Rockets From Underweight To Overweight - Benzinga (NASDAQ:CAFD)
www.benzinga.com - July 12 at 8:14 AM
finance.yahoo.com logo8point3 Energy Partners LP upgraded by Barclays (NASDAQ:CAFD)
finance.yahoo.com - July 11 at 11:58 AM
zacks.com logoSurging Earnings Estimates Signal Good News for 8point3 Energy (CAFD) (NASDAQ:CAFD)
www.zacks.com - July 11 at 8:53 AM
News IconCompany Stock Focus for 8Point3 Energy Partners LP (NASDAQ:CAFD): Which Way Will Shares Head? - Press Telegraph (NASDAQ:CAFD)
presstelegraph.com - July 7 at 9:18 PM
News IconCan 8Point3 Energy Partners LP (NASDAQ:CAFD) Improve on the Earnings Front? - Engelwood Daily (NASDAQ:CAFD)
www.engelwooddaily.com - July 7 at 9:18 PM
finance.yahoo.com logoIs 8point3 Energy Partners (CAFD) Stock a Solid Choice Right Now? (NASDAQ:CAFD)
finance.yahoo.com - July 7 at 8:39 AM
investornewswire.com logoSales of $161.54 expected for 8Point3 Energy Partners LP (NASDAQ:CAFD) - Investor Newswire (NASDAQ:CAFD)
www.investornewswire.com - July 6 at 9:50 PM
finance.yahoo.com logoWill 8Point3 Energy Partners (CAFD) Continue to Surge Higher? - Yahoo Finance (NASDAQ:CAFD)
finance.yahoo.com - July 6 at 9:50 PM
biz.yahoo.com logo8POINT3 ENERGY PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition (NASDAQ:CAFD)
biz.yahoo.com - July 6 at 4:42 PM
News IconRevenue Update on 8Point3 Energy Partners LP(NASDAQ:CAFD) - TheFounders Daily (NASDAQ:CAFD)
www.thefoundersdaily.com - July 6 at 8:51 AM
News Icon8point3 Energy Partners once again beats guidance in Q2 filing (NASDAQ:CAFD)
www.pv-magazine.com - July 1 at 9:12 PM
News IconCovering the Bases on 8Point3 Energy Partners LP (NASDAQ:CAFD): Where is the Stock Going? - Press Telegraph (NASDAQ:CAFD)
presstelegraph.com - July 1 at 12:08 PM
News Icon8Point3 Energy Partners LP (NASDAQ:CAFD) Earnings Glance and Target Price Review - Engelwood Daily (NASDAQ:CAFD)
www.engelwooddaily.com - July 1 at 12:08 PM
msn.com logo8Point3 Energy Partners' (CAFD) CEO Charles Boynton on Q2 2016 Results - Earnings Call Transcript (NASDAQ:CAFD)
www.msn.com - June 30 at 11:54 AM

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8point3 Energy Partners LP (NASDAQ:CAFD) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff