TerraForm Global Company Profile (NASDAQ:GLBL)

About TerraForm Global

TerraForm Global logoTerraForm Global, Inc. is a holding company. The Company is a diversified renewable energy company that owns contracted solar and wind power plants. The Company operates through two segments: Solar Energy and Wind Energy. The segments include the Company's entire portfolio of power plants. The Company's portfolio consisted of solar and wind power plants located in Brazil, China, India, Malaysia, South Africa, Thailand and Uruguay with an aggregate net capacity of 916.4 megawatts (MW) as of October 31, 2016. The Company's solar and wind power plants include Salvador, Bahia, Dunhuang, Honiton, NSM 24, Focal, NSM Suryalabh, NSM Sitara, NSM L'Volta, Millenium, Brakes, Raj 5, ESP Urja, Azure, Hanumanhatti, Gadag, Bhakrani, Silverstar Pavilion, Fortune 11, Corporate Season, Boshof, Witkop, Soutpan and PP Solar.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: GLBL
  • CUSIP:
Key Metrics:
  • Previous Close: $4.60
  • 50 Day Moving Average: $4.32
  • 200 Day Moving Average: $3.90
  • 52-Week Range: $113,228,000.00 - $1.92
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -230.00
  • P/E Growth: 0.21
  • Market Cap: $520.85M
  • Outstanding Shares: 113,228,000
  • Beta: 0.82
Profitability:
  • Net Margins: -117.02%
  • Return on Equity: -23.96%
  • Return on Assets: -11.03%
Debt:
  • Debt-to-Equity Ratio: 0.74%
  • Current Ratio: 2.26%
  • Quick Ratio: 2.26%
Additional Links:
Companies Related to TerraForm Global:

Analyst Ratings

Consensus Ratings for TerraForm Global (NASDAQ:GLBL) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $5.33 (15.94% upside)

Analysts' Ratings History for TerraForm Global (NASDAQ:GLBL)
Show:
DateFirmActionRatingPrice TargetDetails
2/2/2017Avondale PartnersUpgradeMarket Perform -> OutperformView Rating Details
1/13/2017J P Morgan Chase & CoReiterated RatingNeutralView Rating Details
8/25/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$9.00View Rating Details
3/31/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
1/22/2016Barclays PLCDowngradeOverweight -> Equal Weight$10.00 -> $4.00View Rating Details
12/2/2015Oppenheimer Holdings, Inc.UpgradeBuyView Rating Details
10/2/2015MacquarieLower Price TargetOutperform$17.00 -> $16.00View Rating Details
9/8/2015Morgan StanleyInitiated CoverageEqual -> Equal Weight$15.00View Rating Details
8/26/2015Citigroup Inc.Initiated CoverageBuy$15.00View Rating Details
8/26/2015Bank of America CorpInitiated CoverageNeutral$10.50View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for TerraForm Global (NASDAQ:GLBL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/31/2017        
5/5/2011($0.02)($0.30)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TerraForm Global (NASDAQ:GLBL)
Current Year EPS Consensus Estimate: $-0.31 EPS
Next Year EPS Consensus Estimate: $-0.02 EPS

Dividends

Current Dividend Information for TerraForm Global (NASDAQ:GLBL)
Annual Dividend:$0.28
Dividend Yield:6.09%
Payout Ratio:-90.32% (Based on Current Year Consensus EPS Estimate)
-1,400.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for TerraForm Global (NASDAQ:GLBL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/29/2016quarterly$0.2832.35%3/8/20163/10/20163/17/2016
11/10/2015quarterly$0.1711/27/201512/1/201512/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TerraForm Global (NASDAQ:GLBL)
Institutional Ownership Percentage: 53.43%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2015Carlos DomenechCEOBuy15,625$8.05$125,781.25View SEC Filing  
8/21/2015Mark D LerdalDirectorBuy10,000$9.42$94,200.00View SEC Filing  
8/14/2015Mark D LerdalDirectorBuy10,000$10.66$106,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for TerraForm Global (NASDAQ:GLBL)
DateHeadline
News IconYieldCo Primer for High Dividend Investors (NASDAQ:GLBL)
www.simplysafedividends.com - February 16 at 5:23 PM
seekingalpha.com logoBuilding A Diversified High-Yield Energy Portfolio - One Year Later (NASDAQ:GLBL)
seekingalpha.com - February 14 at 6:35 PM
finance.yahoo.com logoEdited Transcript of GLBL earnings conference call or presentation 9-Feb-17 9:30pm GMT (NASDAQ:GLBL)
finance.yahoo.com - February 10 at 6:06 PM
biz.yahoo.com logoTerraForm Global Inc Earnings Call scheduled for 4:30 pm ET today (NASDAQ:GLBL)
us.rd.yahoo.com - February 9 at 6:15 PM
seekingalpha.com logoThis Renewable Stock Yields 6.2% And Could Return Over 50% (NASDAQ:GLBL)
seekingalpha.com - February 4 at 5:31 PM
News IconTerraForm Global Inc (GLBL) is Downgraded by Macquarie to ” Neutral” - Highland Mirror (NASDAQ:GLBL)
www.highlandmirror.com - February 3 at 10:51 PM
us.rd.yahoo.com logoTerraForm Global downgraded by Macquarie (NASDAQ:GLBL)
us.rd.yahoo.com - February 3 at 5:51 PM
finance.yahoo.com logoTerraForm Global posts 2Q profit - Yahoo Finance (NASDAQ:GLBL)
finance.yahoo.com - January 31 at 6:05 PM
finance.yahoo.com logoTerraForm Global Reports 2Q 2016 Financial Results and Files Form 10-Q (NASDAQ:GLBL)
finance.yahoo.com - January 31 at 6:05 PM
News IconTale of the Tape: Technical Recap for Terraform Global Inc (GLBL) - Rives Journal (NASDAQ:GLBL)
rivesjournal.com - January 28 at 10:35 PM
fool.com logoPotential TerraForm Yieldco Buyouts: Everything You Need to Know (NASDAQ:GLBL)
www.fool.com - January 27 at 7:21 PM
News IconTracking Williams %R for Terraform Global Inc (GLBL) - Sherwood Daily (NASDAQ:GLBL)
sherwooddaily.com - January 26 at 6:52 PM
finance.yahoo.com logoTerraForm Global Announces Election of Alan Miller to Board of Directors (NASDAQ:GLBL)
finance.yahoo.com - January 26 at 6:52 PM
biz.yahoo.com logoTERRAFORM GLOBAL, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Finan (NASDAQ:GLBL)
biz.yahoo.com - January 26 at 6:52 PM
fool.com logoWhy TerraForm Global Inc.'s Shares Popped 11% Today - Motley Fool (NASDAQ:GLBL)
www.fool.com - January 25 at 4:44 PM
News IconReviewing Indicator Levels for Terraform Global Inc (GLBL) - Sherwood Daily (NASDAQ:GLBL)
sherwooddaily.com - January 25 at 4:09 AM
istreetwire.com logoInvestor's Alert: KeyCorp (KEY), TerraForm Global, Inc. (GLBL), Corning Incorporated (GLW) - iStreetWire (NASDAQ:GLBL)
istreetwire.com - January 25 at 4:09 AM
News IconStock Going Gangbusters Mid-Session: TerraForm Global, Inc. (:GLBL) - Wall Street Beacon (NASDAQ:GLBL)
wsbeacon.com - January 23 at 10:52 PM
News IconPriming The Pump: Stock Volatility Spotted in TerraForm Global, Inc. (:GLBL) - Wall Street Beacon (NASDAQ:GLBL)
wsbeacon.com - January 23 at 5:50 PM
fool.com logoWhy TerraForm Global Inc.'s Shares Popped 11% Today (NASDAQ:GLBL)
www.fool.com - January 23 at 2:47 PM
biz.yahoo.com logoTERRAFORM GLOBAL, INC. Files SEC form 8-K, Other Events (NASDAQ:GLBL)
biz.yahoo.com - January 23 at 11:20 AM
marketwatch.com logoTerraForm Global's stock surges after deal to talk exclusively with Brookfield about possible buyout (NASDAQ:GLBL)
www.marketwatch.com - January 23 at 11:20 AM
News IconKeeping Tabs on Technicals for Terraform Global Inc (GLBL) - Sherwood Daily (NASDAQ:GLBL)
sherwooddaily.com - January 20 at 6:46 PM
News IconTrading Radar: Checking Technicals for Terraform Global Inc (GLBL) - Rives Journal (NASDAQ:GLBL)
rivesjournal.com - January 20 at 6:46 PM
4-traders.com logoTERRAFORM GLOBAL : Change in Directors or Principal Officers (form 8-K/A) (NASDAQ:GLBL)
www.4-traders.com - January 17 at 9:05 AM
seekingalpha.com logo2017 Renewable Yieldco Investing (NASDAQ:GLBL)
seekingalpha.com - January 16 at 5:29 PM
News IconTechnicals in Focus for TerraForm Global, Inc. (GLBL) - The USA Commerce (NASDAQ:GLBL)
theusacommerce.com - January 13 at 6:24 PM
marketexclusive.com logoTerraForm Global, Inc. (NASDAQ:GLBL) Files An 8-K Results of ... - Market Exclusive (NASDAQ:GLBL)
marketexclusive.com - January 12 at 8:22 PM
News IconNotable Pattern Reporting: Some Traders Are Very Bullish on TerraForm Global Inc After Forming Bullish Double Top ... - The Herald Beacon (NASDAQ:GLBL)
heraldbeacon.com - January 12 at 3:18 PM
fool.com logoWill 2017 Be TerraForm Global's Worst Year Yet? (NASDAQ:GLBL)
www.fool.com - January 12 at 3:18 PM
News IconTerraForm Power Might Still Be Overvalued - Fox Business (NASDAQ:GLBL)
www.foxbusiness.com - January 12 at 1:37 AM
News IconTerraForm Global guides for USD 85m-95m of 2016 CAFD - SeeNews Renewables (NASDAQ:GLBL)
renewables.seenews.com - January 11 at 3:34 PM
News IconStock Reaching Most Volatile List Today: TerraForm Global, Inc. (:GLBL) - Wall Street Beacon (NASDAQ:GLBL)
wsbeacon.com - January 11 at 3:34 PM
marketexclusive.com logoTerraForm Global, Inc. (NASDAQ:GLBL) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule ... - Market Exclusive (NASDAQ:GLBL)
marketexclusive.com - January 9 at 9:03 PM
biz.yahoo.com logoQ4 2015 and Q1 2016 TerraForm Global Inc Earnings Call scheduled for 4:30 pm ET today (NASDAQ:GLBL)
biz.yahoo.com - January 9 at 4:01 PM
biz.yahoo.com logoTERRAFORM GLOBAL, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stan (NASDAQ:GLBL)
biz.yahoo.com - January 9 at 4:01 PM
sg.finance.yahoo.com logoTerraForm to sell some UK solar projects (NASDAQ:GLBL)
sg.finance.yahoo.com - January 6 at 5:59 PM
fool.com logoTerraForm Global's Biggest Failures in 2016 (NASDAQ:GLBL)
www.fool.com - December 30 at 5:51 PM
News IconTerraForm Global Inc. (NASDAQ:GLBL) Just Reported A 6% Stake From Knighthead Capital - Small Cap Exclusive (press release) (NASDAQ:GLBL)
smallcapexclusive.com - December 29 at 5:34 PM
insidermonkey.com logoKnighthead Capital Boosts Investment In Terraform Global Inc. (GLBL) (NASDAQ:GLBL)
www.insidermonkey.com - December 28 at 5:24 PM
fool.com logoThe 10 Biggest IPOs of 2015: Here's What They Look Like One Year Later (NASDAQ:GLBL)
www.fool.com - December 28 at 11:18 AM
News IconInteresting GLBL Call Options For February 2017 (NASDAQ:GLBL)
www.stockoptionschannel.com - December 27 at 11:22 AM
finance.yahoo.com logo6:05 am TerraForm Global reported Q1 results (NASDAQ:GLBL)
finance.yahoo.com - December 27 at 11:22 AM
marketexclusive.com logoTERRAFORM GLOBAL, INC. (NASDAQ:GLBL) Files An 8-K Results ... - Market Exclusive (NASDAQ:GLBL)
marketexclusive.com - December 25 at 5:03 PM
finance.yahoo.com logoTERRAFORM GLOBAL, INC. Financials (NASDAQ:GLBL)
finance.yahoo.com - December 24 at 5:13 PM
4-traders.com logoTerraForm Global : reports 1Q loss (NASDAQ:GLBL)
www.4-traders.com - December 24 at 3:44 AM
biz.yahoo.com logoTERRAFORM GLOBAL, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:GLBL)
us.rd.yahoo.com - December 24 at 3:44 AM
News IconIs TerraForm Global Inc (GLBL) A Financially Sound Company? - Simply Wall St (NASDAQ:GLBL)
simplywall.st - December 23 at 5:41 PM
biz.yahoo.com logoTERRAFORM GLOBAL, INC. Files SEC form 10-K, Annual Report (NASDAQ:GLBL)
us.rd.yahoo.com - December 22 at 4:23 AM
us.rd.yahoo.com logo6:40 am TerraForm Global files 10-K for FY15, reports Q4 results; Board expects to make a recommendation regarding strategic alternative review in January (NASDAQ:GLBL)
us.rd.yahoo.com - December 22 at 4:23 AM

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What is TerraForm Global's stock symbol?

TerraForm Global trades on the NASDAQ under the ticker symbol "GLBL."

How often does TerraForm Global pay dividends? What is the dividend yield for TerraForm Global?

TerraForm Global declared a quarterly dividend on Monday, February 29th. Shareholders of record on Thursday, March 10th will be given a dividend of $0.275 per share on Thursday, March 17th. This represents a $1.10 annualized dividend and a yield of 23.91%. The ex-dividend date of this dividend is Tuesday, March 8th. This is a positive change from TerraForm Global's previous quarterly dividend of $0.17.

Where is TerraForm Global's stock going? Where will TerraForm Global's stock price be in 2017?

4 brokers have issued 12 month target prices for TerraForm Global's shares. Their predictions range from $2.00 to $9.00. On average, they expect TerraForm Global's share price to reach $5.33 in the next twelve months.

When will TerraForm Global announce their earnings?

TerraForm Global is scheduled to release their next quarterly earnings announcement on Tuesday, January, 31st 2017.

What are analysts saying about TerraForm Global stock?

Here are some recent quotes from research analysts about TerraForm Global stock:

  • J P Morgan Chase & Co analysts commented, "GLBL issued an investor update presentation with 3Q operating metrics and guidance for FY16. Audited financials are still on the come. FY16 revenue and EBITDA guidance were slightly below our expectations, and net income was negatively impacted owing to a higher interest expense than we had expected. The 3Q cash balance was approximately in line with expectations. GLBL did not issue guidance for CAFD but maintains that it will be "substantially lower" than the forecast issued prior to the SUNE bankruptcy owing to factors such as loss of financial and operational support. Encouragingly, GLBL expects to become operationally independent from SUNE by January, with a standalone org structure, independent IT, and third-party asset management and O&M providers. GLBL is seeking consent from bondholders to extend a 12/2 deadline for the company to become current with its SEC filings. We are adjusting our model, factoring in a higher interest expense that weighs on our CAFD estimates. Our price target goes to $5, from $6." (11/30/2016)

  • According to Zacks Investment Research, "TerraForm Global, Inc. is a diversified renewable energy company. It owns and operates clean energy projects consists of solar, wind and hydro-electric generation assets. The Company's project resides primarily in China, Brazil, India, South Africa, Honduras, Costa Rica, Nicaragua, Peru, Uruguay, Malaysia and Thailand. TerraForm Global, Inc. is headquartered in Bethesda, Maryland. " (4/27/2016)

Who owns TerraForm Global stock?

TerraForm Global's stock is owned by many different of institutional and retail investors. Top institutional investors include Knighthead Capital Management LLC (6.43%), Think Investments LP (1.79%), Guggenheim Capital LLC (1.37%), State Street Corp (1.28%), Ecofin Ltd. (0.29%) and TCW Group Inc. (0.27%). Company insiders that own TerraForm Global stock include Carlos Domenech and Mark D Lerdal.

Who sold TerraForm Global stock? Who is selling TerraForm Global stock?

TerraForm Global's stock was sold by a variety of institutional investors in the last quarter, including Think Investments LP, Guggenheim Capital LLC, Menta Capital LLC, Tudor Investment Corp Et Al and Eventide Asset Management LLC.

Who bought TerraForm Global stock? Who is buying TerraForm Global stock?

TerraForm Global's stock was purchased by a variety of institutional investors in the last quarter, including Knighthead Capital Management LLC, TCW Group Inc., State Street Corp and AQR Capital Management LLC. Company insiders that have bought TerraForm Global stock in the last two years include Carlos Domenech and Mark D Lerdal.

How do I buy TerraForm Global stock?

Shares of TerraForm Global can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of TerraForm Global stock cost?

One share of TerraForm Global stock can currently be purchased for approximately $4.60.

TerraForm Global (NASDAQ:GLBL) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TerraForm Global (NASDAQ:GLBL)

Earnings History Chart

Earnings by Quarter for TerraForm Global (NASDAQ:GLBL)

Dividend History Chart

Dividend Payments by Quarter for TerraForm Global (NASDAQ:GLBL)

Last Updated on 2/20/2017 by MarketBeat.com Staff