TerraForm Power Company Profile (NASDAQ:TERP)

About TerraForm Power (NASDAQ:TERP)

TerraForm Power logoTerraForm 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: Diversified Utilities
  • Sub-Industry: N/A
  • Symbol: NASDAQ:TERP
  • CUSIP: N/A
  • Web: www.terraform.com
Capitalization:
  • Market Cap: $1.54 billion
  • Outstanding Shares: 124,600,000
Average Prices:
  • 50 Day Moving Avg: $12.39
  • 200 Day Moving Avg: $12.40
  • 52 Week Range: $7.23 - $14.69
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 123.40
  • P/E Growth: -1.86
Sales & Book Value:
  • Annual Revenue: $624.99 million
  • Price / Sales: 2.46
  • Book Value: $14.56 per share
  • Price / Book: 0.85
Profitability:
  • EBIDTA: $407.36 million
  • Net Margins: -13.10%
  • Return on Equity: -1.89%
  • Return on Assets: -0.70%
Debt:
  • Debt-to-Equity Ratio: 0.93%
  • Current Ratio: 0.47%
  • Quick Ratio: 0.47%
Misc:
  • Average Volume: 534,619 shs.
  • Beta: 1.5
  • Short Ratio: 10.22
 

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) issued its earnings results on Tuesday, February, 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.45) by $0.22. The business had revenue of $187.30 million for the quarter. TerraForm Power had a negative net margin of 13.10% and a negative return on equity of 1.89%. View TerraForm Power's Earnings History.

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

5 brokers have issued 1-year price targets for TerraForm Power's stock. Their forecasts range from $13.00 to $15.00. On average, they expect TerraForm Power's share price to reach $13.50 in the next year. View Analyst Ratings for TerraForm Power.

What are analysts saying about TerraForm Power stock?

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

  • 1. According to Zacks Investment Research, "TerraForm Power, Inc. is global renewable energy company. It operates clean power generation assets such as solar, wind, natural gas, geothermal and hydro-electricity. The Company owns and operates solar generation assets serving utility, commercial, and residential customers. TerraForm Power, Inc. is based in Beltsville, Maryland. " (5/10/2017)
  • 2. JPMorgan Chase & Co. analysts commented, "TERP 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 slightly higher than expected. TERP 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, TERP expects to become operationally independent from SUNE by January, with a stand-alone org structure, independent IT, and third-party asset management and O&M providers. TERP 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 estimates, though our price target remains $13." (11/30/2016)

Who are some of TerraForm Power's key competitors?

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
  • Thomas M. Studebaker, Chief Operating Officer
  • Sebastian Deschler, Senior Vice President, General Counsel, Secretary
  • David A. Rawden, Interim Chief Accounting Officer
  • 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 a variety of of institutional and retail investors. Top institutional shareholders include BROOKFIELD ASSET MANAGEMENT INC. (12.16%), BROOKFIELD ASSET MANAGEMENT INC. (11.79%), Brookfield Asset Management Inc. (8.89%), Nomura Holdings Inc. (7.25%), APPALOOSA INVESTMENT LIMITED PARTNERSHIP I (9.56%) and Vanguard Group Inc. (5.78%). Company insiders that own TerraForm Power stock include Carlos Domenech and Montenvers Master Bluemountain. 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 Baillie Gifford & Co., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Weiss Multi Strategy Advisers LLC, Ecofin Ltd., Credit Suisse AG, JPMorgan Chase & Co., UBS Group AG and Wells Fargo & Company MN. 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 CarVal Investors LLC, Vanguard Group Inc., Rubric Capital Management LP, Morgan Stanley, Nomura Holdings Inc., Geode Capital Management LLC, Parametric Portfolio Associates LLC and Russell Investments Group Ltd.. Company insiders that have bought TerraForm Power stock in the last two years include Carlos Domenech and Montenvers Master Bluemountain. 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 $12.34.


MarketBeat Community Rating for TerraForm Power (NASDAQ TERP)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  263
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.

Analyst Ratings

Consensus Ratings for TerraForm Power (NASDAQ:TERP) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $13.50 (9.40% upside)

Analysts' Ratings History for TerraForm Power (NASDAQ:TERP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/7/2017Avondale PartnersUpgradeMarket Perform -> OutperformN/AView Rating Details
1/13/2017JPMorgan Chase & Co.Initiated CoverageNeutral$13.00N/AView Rating Details
10/10/2016Deutsche Bank AGReiterated RatingHold$13.00N/AView Rating Details
9/23/2016Robert W. BairdSet Price TargetNeutral$20.00 -> $13.00N/AView Rating Details
7/27/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
5/2/2016Goldman Sachs Group IncReiterated RatingNeutral$10.00N/AView Rating Details
4/26/2016Bank of America CorpReiterated RatingHold$11.00N/AView Rating Details
11/27/2015KeyCorpReiterated RatingEqual WeightN/AView Rating Details
11/23/2015Janney Montgomery ScottLower Price TargetBuy$34.00 -> $22.00N/AView Rating Details
9/21/2015Barclays PLCReiterated RatingBuy$50.00 -> $36.00N/AView Rating Details
7/22/2015Credit Suisse Group AGReiterated RatingOutperformN/AView Rating Details
7/21/2015Cowen and CompanyReiterated RatingOutperformN/AView Rating Details
7/21/2015FBR & CoReiterated RatingOutperformN/AView Rating Details
7/8/2015Northland SecuritiesBoost Price TargetMarket Perform$39.00 -> $40.00N/AView Rating Details
6/22/2015Evercore Partners Inc.Initiated CoverageBuy$43.00N/AView Rating Details
6/22/2015Evercore ISIInitiated CoverageBuy$43.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for TerraForm Power (NASDAQ:TERP)
Earnings by Quarter for TerraForm Power (NASDAQ:TERP)
Earnings History by Quarter for TerraForm Power (NASDAQ:TERP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/7/2017Q2 2016($0.45)($0.23)$187.30 millionViewN/AView Earnings Details
11/9/2015Q315$0.18($0.03)$144.62 million$153.00 millionViewListenView Earnings Details
8/6/2015Q2$0.20$0.10$136.90 million$132.00 millionViewN/AView Earnings Details
5/7/2015Q115($0.40)($0.31)$491.77 million$70.52 millionViewListenView Earnings Details
11/5/2014Q314$0.07($0.15)$52.55 million$56.00 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TerraForm Power (NASDAQ:TERP)
Current Year EPS Consensus Estimate: $-0.66 EPS
Next Year EPS Consensus Estimate: $0.10 EPS

Dividends

Dividend History by Quarter for TerraForm Power (NASDAQ:TERP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/9/2015quarterly$0.359.7%11/27/201512/1/201512/15/2015
8/6/2015quarterly$0.348/28/20159/1/20159/15/2015
5/7/2015quarterly$0.333.23%5/28/20156/1/20156/15/2015
12/22/2014quarterly$0.273.69%2/26/20153/2/20153/16/2015
11/13/2014quarterly$0.1711/26/201412/1/201412/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TerraForm Power (NASDAQ:TERP)
Insider Ownership Percentage: 4.00%
Institutional Ownership Percentage: 89.35%
Insider Trades by Quarter for TerraForm Power (NASDAQ:TERP)
Institutional Ownership by Quarter for TerraForm Power (NASDAQ:TERP)
Insider Trades by Quarter for TerraForm Power (NASDAQ:TERP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/13/2016Montenvers Master BluemountainMajor ShareholderSell192,144$8.78$1,687,024.32View SEC Filing  
11/24/2015Montenvers Master Bluemountainmajor shareholderBuy888,473$0.99$879,588.27View SEC Filing  
8/25/2015Carlos DomenechCEOBuy6,000$20.49$122,940.00View SEC Filing  
9/9/2014Carlos DomenechInsiderBuy10,000$32.38$323,800.00View SEC Filing  
9/8/2014Carlos DomenechInsiderBuy1,000$32.80$32,800.00View SEC Filing  
7/23/2014Mark D LerdalDirectorBuy10,000$25.00$250,000.00View SEC Filing  
7/23/2014Sanjeev KumarCFOBuy1,500$25.00$37,500.00View SEC Filing  
7/23/2014Sebastian DeschlerInsiderBuy2,000$25.00$50,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TerraForm Power (NASDAQ:TERP)
Latest Headlines for TerraForm Power (NASDAQ:TERP)
Source:
DateHeadline
finance.yahoo.com logoTerraForm Power, Inc. breached its 50 day moving average in a Bearish Manner : TERP-US : May 24, 2017
finance.yahoo.com - May 24 at 8:55 AM
finance.yahoo.com logo[$$] SunEdison's TerraForm Stake Ignites Creditor Duel
finance.yahoo.com - May 19 at 6:07 PM
globenewswire.com logoTerraForm Power Announces Receipt of Nasdaq Letter Nasdaq:TERP - GlobeNewswire (press release)
globenewswire.com - May 16 at 11:44 AM
finance.yahoo.com logoTerraForm Power, Inc. – Value Analysis (NASDAQ:TERP) : May 12, 2017
finance.yahoo.com - May 12 at 8:41 PM
finance.yahoo.com logoTerraForm Power, Inc. breached its 50 day moving average in a Bearish Manner : TERP-US : May 11, 2017
finance.yahoo.com - May 12 at 2:16 AM
americanbankingnews.com logoTerraForm Power Inc (TERP) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - May 10 at 8:58 AM
fool.com logo3 Things You Didn't Know About TerraForm Power, Inc. - Motley Fool
www.fool.com - May 6 at 9:19 AM
americanbankingnews.com logoTerraForm Power Inc (TERP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 5 at 10:28 AM
americanbankingnews.com logoTerraForm Power (TERP) Earns News Impact Rating of -0.02
www.americanbankingnews.com - May 4 at 2:18 PM
finance.yahoo.com logo3 Things You Didn't Know About TerraForm Power, Inc.
finance.yahoo.com - May 4 at 10:28 AM
americanbankingnews.com logoTerraForm Power (TERP) Getting Somewhat Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 30 at 10:44 AM
americanbankingnews.com logoTerraForm Power (TERP) Receives News Impact Rating of 0.20
www.americanbankingnews.com - April 27 at 7:48 PM
americanbankingnews.com logoTerraForm Power Inc (TERP) Short Interest Down 6.0% in April
www.americanbankingnews.com - April 26 at 5:32 PM
nasdaq.com logoTerraForm Power Breaks Above 200-Day Moving Average - Bullish for TERP
www.nasdaq.com - April 25 at 7:09 PM
americanbankingnews.com logoTerraForm Power (TERP) Given Daily Media Impact Score of 0.24
www.americanbankingnews.com - April 24 at 6:54 PM
seekingalpha.com logoQ1 2017 Yieldco Update - NextEra Energy Partners Is At The Top Of The Sector
seekingalpha.com - April 24 at 10:29 AM
americanbankingnews.com logoTerraForm Power (TERP) Earns News Impact Score of 0.44
www.americanbankingnews.com - April 21 at 7:17 PM
baystreet.ca logoTerraForm Power (TERP) Slides with Loss on the Way
www.baystreet.ca - April 12 at 12:38 PM
americanbankingnews.com logoTerraForm Power Inc (TERP) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - April 10 at 10:46 AM
finance.yahoo.com logoClean-Energy Yieldco Parents Move to Sell Their Stakes
finance.yahoo.com - April 10 at 8:53 AM
wsj.com logo[$$] SunEdison Files Plan to Repay Billions in Debt
www.wsj.com - March 30 at 3:53 AM
finance.yahoo.com logoBrookfield Finds Solar ‘Entry Point’ After SunEdison's Collapse
finance.yahoo.com - March 27 at 7:24 PM
streetinsider.com logoTerraForm Power (TERP) Receives Extension to Regain Nasdaq Compliance - StreetInsider.com
www.streetinsider.com - March 22 at 8:02 AM
us.rd.yahoo.com logoTerraForm Power Announces Extension Until June 30, 2017 to Regain Nasdaq Compliance
us.rd.yahoo.com - March 21 at 9:57 AM
fool.com logoWhy TerraForm Power May Not Be the Best Yieldco Today - Motley Fool
www.fool.com - March 16 at 9:13 PM
prnewswire.com logoTechnical Roundup on Utilities Stocks -- Westar Energy, Pattern Energy, TerraForm Power, and UGI Corp.
www.prnewswire.com - March 15 at 8:14 AM
wsj.com logo[$$] SunEdison Settles with TerraForm Power, TerraForm Global
www.wsj.com - March 13 at 8:51 AM
seekingalpha.com logoTerraForm Power, Inc. (TERP)
seekingalpha.com - March 9 at 8:08 PM
us.rd.yahoo.com logoEdited Transcript of TERP earnings conference call or presentation 8-Mar-17 9:30pm GMT
us.rd.yahoo.com - March 9 at 8:08 PM
capitalcube.com logoTerraForm Power, Inc. breached its 50 day moving average in a Bullish Manner : TERP-US : March 9, 2017
us.rd.yahoo.com - March 9 at 8:08 PM
us.rd.yahoo.com logo6:56 am TerraForm Power: Brookfield (BAM) to assume the role of TerraForm Power's sponsor, become controlling shareholder
us.rd.yahoo.com - March 8 at 1:02 AM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stateme
us.rd.yahoo.com - March 8 at 1:02 AM
nasdaq.com logoBrookfield To Become Controlling Shareholder Of TerraForm Power - Quick Facts
www.nasdaq.com - March 7 at 8:48 AM
us.rd.yahoo.com logoBrookfield to Acquire Controlling Stake and Assume Sponsorship of TerraForm Power
us.rd.yahoo.com - March 7 at 8:48 AM
finance.yahoo.com logoBrookfield to buy TerraForm Global, 51 pct of TerraForm Power
finance.yahoo.com - March 7 at 8:48 AM
wsj.com logo[$$] Brookfield to Buy TerraForm Global
www.wsj.com - March 7 at 8:48 AM
us.rd.yahoo.com logoTERRAFORM POWER, INC. Financials
us.rd.yahoo.com - March 2 at 8:27 PM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 10-Q, Quarterly Report
us.rd.yahoo.com - February 24 at 12:07 PM
us.rd.yahoo.com logoTerraForm Power Reports 3Q 2016 Financial Results and Files Form 10-Q
us.rd.yahoo.com - February 24 at 12:07 PM
finance.yahoo.com logoEdited Transcript of TERP earnings conference call or presentation 22-Feb-17 9:30pm GMT
finance.yahoo.com - February 23 at 9:33 PM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh
biz.yahoo.com - February 22 at 8:47 PM
biz.yahoo.com logoTerraForm Power Inc Earnings Call scheduled for 4:30 pm ET today
biz.yahoo.com - February 22 at 8:47 PM
us.rd.yahoo.com logoTerraForm Power upgraded by UBS
us.rd.yahoo.com - February 16 at 7:59 PM
finance.yahoo.com logo5:07 pm TerraForm Power elected independent Director Christian S. Fong effective February 12, 2017
finance.yahoo.com - February 16 at 7:59 PM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financ
biz.yahoo.com - February 16 at 7:59 PM
seekingalpha.com logoTerraForm Power upgraded to Neutral from Sell at UBS - Seeking Alpha
seekingalpha.com - February 15 at 6:27 AM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - February 10 at 6:03 AM
finance.yahoo.com logoTerraForm Power downgraded by Macquarie
finance.yahoo.com - February 4 at 3:57 AM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Other Events
us.rd.yahoo.com - January 24 at 4:30 AM
globenewswire.com logoTerraForm Power Announces Exclusivity Agreement with Brookfield Asset Management Regarding Potential Transaction - GlobeNewswire (press release)
www.globenewswire.com - January 23 at 8:08 AM

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Chart

TerraForm Power (TERP) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff