TerraForm Power, Inc. is a United States-based holding company. The Company owns clean power generation assets. This includes solar and wind assets located in the United States, Canada and other markets. Its clean power generation assets serve utility, commercial and residential customers. As of December 31, 2016, the Company's portfolio consisted of renewable energy facilities located in the United States, Canada, the United Kingdom and Chile with a combined nameplate capacity of 2,983.1 megawatts. It owns and operates over 500 hundred wind and solar clean energy power installations. Its projects include Bluebird, River Mountains Solar, Laho Solar, SunE Perpetual Lindsday, Sandringham, California Public institutions and Summit Solar Projects. The Company holds interest in TerraForm Power, LLC (Terra LLC), which is an owner and operator of renewable energy facilities that have long-term contractual arrangements to sell the electricity generated by these facilities to third parties.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Renewable Utilities
- Sub-Industry: N/A
- Symbol: NASDAQ:TERP
- CUSIP: N/A
- Web: www.terraform.com
Capitalization:- Market Cap: $1.23858 billion
- Outstanding Shares: 124,600,000
Average Prices:- 50 Day Moving Avg: $13.35
- 200 Day Moving Avg: $12.54
- 52 Week Range: $10.99 - $14.69
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -13.42
- P/E Growth: -1.84
Sales & Book Value:- Annual Revenue: $651.77 million
- Price / Sales: 2.59
- Book Value: $13.44 per share
- Price / Book: 1.01
Profitability:- EBIDTA: $427.95 million
- Net Margins: -24.72%
- Return on Equity: -5.81%
- Return on Assets: -2.04%
Debt:- Debt-to-Equity Ratio: 0.68%
- Current Ratio: 0.41%
- Quick Ratio: 0.41%
Misc:- Average Volume: 336,778 shs.
- Beta: 1.43
- Short Ratio: 22.36
Frequently Asked Questions for TerraForm Power (NASDAQ:TERP)
What is TerraForm Power's stock symbol?
TerraForm Power trades on the NASDAQ under the ticker symbol "TERP."
How were TerraForm Power's earnings last quarter?
TerraForm Power, Inc. (NASDAQ:TERP) announced its quarterly earnings data on Friday, July, 21st. The company reported ($0.94) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.31) by $0.63. The company had revenue of $135.22 million for the quarter. TerraForm Power had a negative net margin of 24.72% and a negative return on equity of 5.81%. View TerraForm Power's Earnings History.
Where is TerraForm Power's stock going? Where will TerraForm Power's stock price be in 2017?
4 analysts have issued twelve-month price objectives for TerraForm Power's stock. Their predictions range from $13.00 to $13.00. On average, they expect TerraForm Power's stock price to reach $13.00 in the next twelve months. View Analyst Ratings for TerraForm Power.
Who are some of TerraForm Power's key competitors?
Some companies that are related to TerraForm Power include Pattern Energy Group (PEGI), MGE Energy (MGEE), El Paso Electric Company (EE), TransAlta (TA), Atlantica Yield PLC (ABY), Northwest Natural Gas Company (NWN), American States Water Company (AWR), California Water Service Group Holding (CWT), TransAlta Corporation (TAC), Otter Tail Corporation (OTTR), Shenandoah Telecommunications Co (SHEN), Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), Innergex Renewable Energy (INE), Chesapeake Utilities Corporation (CPK), Consolidated Communications Holdings (CNSL), Drax Group Plc (DRX), Dynegy (DYN) and SJW Corporation (SJW).
Who are TerraForm Power's key executives?
TerraForm Power's management team includes the folowing people:
- Peter Blackmore, Chairman of the Board, Interim Chief Executive Officer
- Rebecca J. Cranna, Chief Financial Officer, Executive Vice President
- Sebastian Deschler, Senior Vice President, General Counsel, Secretary
- Christian S. Fong, Director
- Christopher A. Compton, Independent Director
- Kerri L. Fox, Independent Director
- Edward Hall, Independent Director
- David Pauker, Independent Director
Who owns TerraForm Power stock?
TerraForm Power's stock is owned by many different of retail and institutional investors. Top institutional investors include Nomura Holdings Inc. (7.25%), Vanguard Group Inc. (5.88%),
MERCED CAPITAL, L.P.
(5.10%), Baillie Gifford & Co. (1.42%), State Street Corp (1.29%) and Alpine Woods Capital Investors LLC (0.96%). View Institutional Ownership Trends for TerraForm Power.
Who sold TerraForm Power stock? Who is selling TerraForm Power stock?
TerraForm Power's stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Northern Trust Corp, California State Teachers Retirement System, Russell Investments Group Ltd., Bank of New York Mellon Corp, New York State Common Retirement Fund, Van ECK Associates Corp and Rhumbline Advisers. View Insider Buying and Selling for TerraForm Power.
Who bought TerraForm Power stock? Who is buying TerraForm Power stock?
TerraForm Power's stock was purchased by a variety of institutional investors in the last quarter, including Aquamarine Capital Management LLC, Vanguard Group Inc., Baillie Gifford & Co., Alpine Woods Capital Investors LLC, State Street Corp, AHL Partners LLP, Global X Management Co. LLC and LMR Partners LLP. View Insider Buying and Selling for TerraForm Power.
How do I buy TerraForm Power stock?
Shares of TerraForm Power can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TerraForm Power's stock price today?
One share of TerraForm Power stock can currently be purchased for approximately $13.55.
MarketBeat Community Rating for TerraForm Power (NASDAQ TERP)MarketBeat's community ratings are surveys of what our community members think about TerraForm Power and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for TerraForm Power (NASDAQ:TERP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $13.00 (4.06% downside) |
Analysts' Ratings History for TerraForm Power (NASDAQ:TERP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/3/2017 | Robert W. Baird | Reiterated Rating | Hold | $13.00 | Low |  |
| 3/7/2017 | Avondale Partners | Upgrade | Market Perform -> Outperform | | N/A | |
| 1/13/2017 | J P Morgan Chase & Co | Initiated Coverage | Neutral | $13.00 | N/A | |
| 10/10/2016 | Deutsche Bank AG | Reiterated Rating | Hold | $13.00 | N/A | |
| 7/27/2016 | Oppenheimer Holdings, Inc. | Reiterated Rating | Outperform -> Market Perform | | N/A | |
| 5/2/2016 | Goldman Sachs Group, Inc. (The) | Reiterated Rating | Neutral | $10.00 | N/A | |
| 4/26/2016 | Bank of America Corporation | Reiterated Rating | Hold | $11.00 | N/A | |
| 11/27/2015 | KeyCorp | Reiterated Rating | Equal Weight | | N/A | |
| 11/23/2015 | Janney Montgomery Scott | Lower Price Target | Buy | $34.00 -> $22.00 | N/A | |
| 9/21/2015 | Barclays PLC | Reiterated Rating | Buy | $50.00 -> $36.00 | N/A | |
(Data available from 9/19/2015 forward)
Earnings History for TerraForm Power (NASDAQ:TERP)Earnings History by Quarter for TerraForm Power (NASDAQ TERP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/21/2017 | Q4 2016 | ($0.31) | ($0.94) | | $135.22 million | View | N/A | |
| 2/7/2017 | Q2 2016 | ($0.45) | ($0.23) | | $187.30 million | View | N/A | |
| 11/9/2015 | Q315 | $0.18 | ($0.03) | $144.62 million | $153.00 million | View | Listen | |
| 8/6/2015 | Q2 | $0.20 | $0.10 | $136.90 million | $132.00 million | View | N/A | |
| 5/7/2015 | Q115 | ($0.40) | ($0.31) | $491.77 million | $70.52 million | View | Listen | |
| 11/5/2014 | Q314 | $0.07 | ($0.15) | $52.55 million | $56.00 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for TerraForm Power (NASDAQ:TERP)| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q2 2017 | 1 | ($0.04) | ($0.04) | ($0.04) |
| Q3 2017 | 1 | ($0.05) | ($0.05) | ($0.05) |
| Q4 2017 | 1 | ($0.27) | ($0.27) | ($0.27) |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for TerraForm Power (NASDAQ TERP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 11/9/2015 | quarterly | $0.35 | 9.7% | 11/27/2015 | 12/1/2015 | 12/15/2015 |
| 8/6/2015 | quarterly | $0.34 | | 8/28/2015 | 9/1/2015 | 9/15/2015 |
| 5/7/2015 | quarterly | $0.33 | 3.23% | 5/28/2015 | 6/1/2015 | 6/15/2015 |
| 12/22/2014 | quarterly | $0.27 | 3.69% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 11/13/2014 | quarterly | $0.17 | | 11/26/2014 | 12/1/2014 | 12/15/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for TerraForm Power (NASDAQ:TERP)Insider Ownership Percentage: 34.55%
Institutional Ownership Percentage: 80.76%
Insider Trades by Quarter for TerraForm Power (NASDAQ:TERP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/13/2016 | Montenvers Master Bluemountain | Major Shareholder | Sell | 192,144 | $8.78 | $1,687,024.32 | |
| 11/24/2015 | Montenvers Master Bluemountain | major shareholder | Buy | 888,473 | $0.99 | $879,588.27 | |
| 8/25/2015 | Carlos Domenech | CEO | Buy | 6,000 | $20.49 | $122,940.00 | |
| 9/9/2014 | Carlos Domenech | Insider | Buy | 10,000 | $32.38 | $323,800.00 | |
| 9/8/2014 | Carlos Domenech | Insider | Buy | 1,000 | $32.80 | $32,800.00 | |
| 7/23/2014 | Mark D Lerdal | Director | Buy | 10,000 | $25.00 | $250,000.00 | |
| 7/23/2014 | Sanjeev Kumar | CFO | Buy | 1,500 | $25.00 | $37,500.00 | |
| 7/23/2014 | Sebastian Deschler | Insider | Buy | 2,000 | $25.00 | $50,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for TerraForm Power (NASDAQ:TERP)
Latest Headlines for TerraForm Power (NASDAQ:TERP)
| Source: |
|
| Date | Headline |
|---|
 | Earnings Review and Free Research Report: TerraForm Power’s Q1 Results Outshined Forecasts
finance.yahoo.com - September 19 at 8:22 AM |
 | Is TerraForm Power, Inc. a Buy?
www.fool.com - September 18 at 7:30 PM |
 | TerraForm Power, Inc. (TERP) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - September 10 at 7:02 PM |
| TerraForm Power, Inc. (TERP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 9 at 11:46 AM |
| ETFs with exposure to TerraForm Power, Inc. : September 7, 2017
finance.yahoo.com - September 8 at 9:09 AM |
| Oppenheimer Holdings Research Analysts Cut Earnings Estimates for TerraForm Power, Inc. (TERP)
www.americanbankingnews.com - September 8 at 5:40 AM |
| TerraForm Power, Inc. :TERP-US: Earnings Analysis: Q1, 2017 By the Numbers : September 5, 2017
finance.yahoo.com - September 6 at 9:04 AM |
| Edited Transcript of TERP earnings conference call or presentation 5-Sep-17 8:30pm GMT
finance.yahoo.com - September 6 at 9:03 AM |
| TerraForm Power's (TERP) Hold Rating Reaffirmed at Robert W. Baird
www.americanbankingnews.com - September 3 at 1:26 PM |
 | TerraForm Power Reports 1Q 2017 Financial Results and Files Form 10-Q - GlobeNewswire (press release)
globenewswire.com - August 30 at 10:05 AM |
| TerraForm Power reports 1Q loss
finance.yahoo.com - August 30 at 10:05 AM |
| TerraForm Power (TERP) versus Comp En De Mn Cemig ADS (CIG) Financial Contrast
www.americanbankingnews.com - August 26 at 4:30 PM |
| Contrasting 8point3 Energy Partners (CAFD) & TerraForm Power (TERP)
www.americanbankingnews.com - August 20 at 8:14 PM |
| TerraForm Power, Inc. (TERP) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 15 at 1:00 PM |
| 8point3 Energy Partners (CAFD) & TerraForm Power (NASDAQ:TERP) Head-To-Head Contrast
www.americanbankingnews.com - August 13 at 10:40 AM |
 | TerraForm Power (TERP) Reports Receipt of Nasdaq Letter; Not Yet Filing Form 10-Q Serves as Additional Basis for Delisiting
www.streetinsider.com - August 12 at 8:26 AM |
| TerraForm Power Operating, LLC Announces Completion of Consent Solicitation
finance.yahoo.com - August 12 at 8:26 AM |
| Analysts Anticipate TerraForm Power, Inc. (NASDAQ:TERP) Will Announce Quarterly Sales of $158.94 Million
www.americanbankingnews.com - August 11 at 3:52 PM |
| TerraForm Global (GLBL) vs. TerraForm Power (NASDAQ:TERP) Head to Head Analysis
www.americanbankingnews.com - August 9 at 8:40 AM |
| Zacks: Analysts Expect TerraForm Power, Inc. (NASDAQ:TERP) Will Announce Earnings of -$0.21 Per Share
www.americanbankingnews.com - August 9 at 7:52 AM |
| TerraForm Power, Inc. (NASDAQ:TERP) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - August 5 at 8:52 AM |
| TerraForm Power Operating, LLC Launches Consent Solicitation Related to Senior Notes - GlobeNewswire (press release)
globenewswire.com - August 4 at 8:59 AM |
| TerraForm Power, Inc. (NASDAQ:TERP) Expected to Earn Q2 2017 Earnings of ($0.03) Per Share
www.americanbankingnews.com - August 4 at 7:16 AM |
| TerraForm Power Operating, LLC Launches Consent Solicitation Related to Senior Notes
finance.yahoo.com - August 3 at 7:51 AM |
| Edited Transcript of TERP earnings conference call or presentation 1-Aug-17 8:30pm GMT
finance.yahoo.com - August 2 at 7:44 AM |
| TerraForm Power, Inc. (NASDAQ:TERP) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 31 at 12:20 AM |
| 2 Reasons TerraForm Power Inc Stock Could Rise - Motley Fool
www.fool.com - July 26 at 8:43 AM |
| ETFs with exposure to TerraForm Power, Inc. : July 25, 2017
finance.yahoo.com - July 26 at 8:43 AM |
| 2 Reasons TerraForm Power Inc Stock Could Rise
finance.yahoo.com - July 26 at 8:43 AM |
| TerraForm Power Inc (TERP) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - July 23 at 8:52 PM |
| TerraForm Power (TERP) Reports 4Q Results and Files Form 10-K - StreetInsider.com
www.streetinsider.com - July 22 at 9:35 AM |
| TerraForm Power, Inc. (TERP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 21 at 12:54 PM |
| Here's Why The Best Is Yet to Come for TerraForm Power, Inc. - Motley Fool
www.fool.com - July 21 at 7:43 AM |
| Here's Why The Best Is Yet to Come for TerraForm Power, Inc.
finance.yahoo.com - July 21 at 7:43 AM |
| Here's Why The Best Is Yet to Come for TerraForm Power, Inc.
www.fool.com - July 21 at 7:25 AM |
| TerraForm Power, Inc. – Value Analysis (NASDAQ:TERP) : July 14, 2017
finance.yahoo.com - July 15 at 9:22 AM |
| TerraForm Power, Inc. breached its 50 day moving average in a Bullish Manner : TERP-US : July 13, 2017
finance.yahoo.com - July 13 at 10:21 AM |
| Better Buy: TerraForm Power, Inc. vs. 8point3 Energy Partners
finance.yahoo.com - July 11 at 8:22 AM |
| TerraForm Power Inc's Most Brilliant Moves in 2017 So Far
finance.yahoo.com - July 8 at 2:38 PM |
| Analyzing TransAlta Corporation (TAC) & TerraForm Power (NASDAQ:TERP)
www.americanbankingnews.com - July 3 at 8:30 PM |
| TerraForm Power (TERP) Receives Extensions to Regain Nasdaq Compliance
www.streetinsider.com - July 2 at 7:46 AM |
| TerraForm Power (TERP) Receives Extensions to Regain Nasdaq ... - StreetInsider.com
www.streetinsider.com - July 1 at 8:08 AM |
| TerraForm Power Announces Extensions to Regain Nasdaq Compliance
finance.yahoo.com - July 1 at 8:07 AM |
| Head to Head Analysis: TerraForm Power (TERP) vs. NextEra Energy (NEE)
www.americanbankingnews.com - June 27 at 12:18 PM |
| TerraForm Power, Inc. (TERP) Upgraded at BidaskClub
www.americanbankingnews.com - June 23 at 3:54 PM |
| [$$] Former SunEdison Executives Fight to Keep Whistleblower Suits Alive
finance.yahoo.com - June 22 at 7:09 PM |
| TerraForm Power Inc.'s Worst Move of 2017 So Far - Motley Fool
www.fool.com - June 21 at 6:08 AM |
| TerraForm Power Inc.'s Worst Move of 2017 So Far
finance.yahoo.com - June 20 at 8:28 AM |
| Reviewing TerraForm Power (TERP) and Vivint Solar (VSLR)
www.americanbankingnews.com - June 17 at 10:44 AM |
| TransAlta Corporation (TAC) and TerraForm Power (TERP) Financial Comparison
www.americanbankingnews.com - June 16 at 10:21 AM |
TerraForm Power (TERP) Chart for Tuesday, September, 19, 2017
