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

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$12.42 0.00 (0.00 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$12.42
Today's Range$12.42 - $12.42
52-Week Range$11.69 - $15.92
VolumeN/A
Average Volume247,583 shs
Market Capitalization$982.34 million
P/E RatioN/A
Dividend Yield9.02%
Beta0.88
8Point3 Energy Partners logo8point3 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.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:CAFD
CUSIPN/A
Phone408-240-5500

Debt

Debt-to-Equity Ratio0.84
Current Ratio5.20
Quick Ratio5.20

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio21.41
P/E Growth0.93

Sales & Book Value

Annual Sales$70.08 million
Price / Sales14.02
Cash Flow$0.8691 per share
Price / Cash14.29
Book Value$10.62 per share
Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$11.40 million
Net Margins28.84%
Return on Equity1.96%
Return on Assets1.01%

Miscellaneous

EmployeesN/A
Outstanding Shares79,090,000

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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 given 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 results on Wednesday, March, 28th. The energy company reported $0.35 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.27. The energy company earned $10.87 million during the quarter, compared to the consensus estimate 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.

When is 8Point3 Energy Partners' next earnings date?

8Point3 Energy Partners is scheduled to release their next quarterly earnings announcement on Wednesday, June, 27th 2018. View Earnings Estimates for 8Point3 Energy Partners.

What price target have analysts set for CAFD?

13 brokerages have issued 1 year price targets for 8Point3 Energy Partners' shares. Their predictions range from $11.00 to $16.00. On average, they expect 8Point3 Energy Partners' share price to reach $13.15 in the next year. View Analyst Ratings for 8Point3 Energy Partners.

Who are some of 8Point3 Energy Partners' key competitors?

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 $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.

Has 8Point3 Energy Partners been receiving favorable news coverage?

Press coverage about CAFD stock has been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. 8Point3 Energy Partners earned a media sentiment score of 0.07 on Accern's scale. They also gave media headlines about the energy company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are 8Point3 Energy Partners' major shareholders?

8Point3 Energy Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Eventide Asset Management LLC (1.96%), Trillium Asset Management LLC (0.30%), Cowen Inc. (0.22%), Highland Capital Management LP (0.17%), Citigroup Inc. (0.15%) and California Public Employees Retirement System (0.11%). View Institutional Ownership Trends for 8Point3 Energy Partners.

Which institutional investors are selling 8Point3 Energy Partners stock?

CAFD stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Ladenburg Thalmann Financial Services Inc., Trillium Asset Management LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., California Public Employees Retirement System and UBS Group AG. View Insider Buying and Selling for 8Point3 Energy Partners.

Which institutional investors are buying 8Point3 Energy Partners stock?

CAFD stock was purchased by a variety of institutional investors in the last quarter, including Cowen Inc., Highland Capital Management LP, Citigroup Inc., Eventide Asset Management LLC, Round Hill Asset Management, OMERS ADMINISTRATION Corp, Barclays PLC and Mizuho Securities USA LLC. View Insider Buying and Selling for 8Point3 Energy Partners.

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.

How big of a company is 8Point3 Energy Partners?

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

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 (CAFD)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  487
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.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

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