TerraForm Power Company Profile (NASDAQ:TERP)

About TerraForm Power

TerraForm Power logoTerraForm Power, Inc. is a diversified owner of clean power generation assets in developed markets. This includes solar and wind assets located in the United States, Canada, the United Kingdom and Chile. The Company's 2,967 megawatts renewable energy portfolio enables power production around the clock.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: TERP
  • CUSIP:
Key Metrics:
  • Previous Close: $11.71
  • 50 Day Moving Average: $12.01
  • 200 Day Moving Average: $12.70
  • 52-Week Range: $7.23 - $14.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 42.81
  • P/E Growth: -0.95
  • Market Cap: $1.44B
  • Outstanding Shares: 124,600,000
  • Beta: 1.5
Profitability:
  • 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%
Additional Links:
Companies Related to TerraForm Power:

Analyst Ratings

Consensus Ratings for TerraForm Power (NASDAQ:TERP) (?)
Ratings Breakdown: 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $12.50 (8.13% upside)

Analysts' Ratings History for TerraForm Power (NASDAQ:TERP)
Show:
DateFirmActionRatingPrice TargetDetails
2/2/2017Avondale PartnersUpgradeMarket Perform -> OutperformView Rating Details
1/13/2017J P Morgan Chase & CoInitiated CoverageNeutral$13.00View Rating Details
10/10/2016Deutsche Bank AGReiterated RatingHold$13.00View Rating Details
9/23/2016Robert W. BairdSet Price TargetNeutral$20.00 -> $13.00View Rating Details
7/27/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform -> Market PerformView Rating Details
5/2/2016Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$10.00View Rating Details
4/26/2016Bank of America CorpReiterated RatingHold$11.00View Rating Details
11/27/2015KeyCorpReiterated RatingEqual WeightView Rating Details
11/23/2015Janney Montgomery ScottLower Price TargetBuy$34.00 -> $22.00View Rating Details
9/21/2015Barclays PLCReiterated RatingBuy$50.00 -> $36.00View Rating Details
7/22/2015Credit Suisse GroupReiterated RatingOutperformView Rating Details
7/21/2015Cowen and CompanyReiterated RatingOutperformView Rating Details
7/21/2015FBR & CoReiterated RatingOutperformView Rating Details
7/8/2015Northland SecuritiesBoost Price TargetMarket Perform$39.00 -> $40.00View Rating Details
6/22/2015Evercore Partners Inc.Initiated CoverageBuy$43.00View Rating Details
6/22/2015Evercore ISIInitiated CoverageBuy$43.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for TerraForm Power (NASDAQ:TERP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/7/2017        
2/7/2017Q2 2016($0.45)($0.23)ViewN/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: $-1.23 EPS
Next Year EPS Consensus Estimate: $0.27 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161($0.05)($0.05)($0.05)
Q4 20161($0.66)($0.66)($0.66)
(Data provided by Zacks Investment Research)

Dividends

Dividend History 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 History for TerraForm Power (NASDAQ:TERP)
Insider Ownership Percentage: 4.00%
Institutional Ownership Percentage: 89.35%
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

Latest Headlines for TerraForm Power (NASDAQ:TERP)
DateHeadline
News IconStock in Focus: TerraForm Power, Inc. (NASDAQ:TERP) - Baldwin Journal (NASDAQ:TERP)
baldwinjournal.com - February 22 at 8:47 PM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NASDAQ:TERP)
biz.yahoo.com - February 22 at 8:47 PM
biz.yahoo.com logoTerraForm Power Inc Earnings Call scheduled for 4:30 pm ET today (NASDAQ:TERP)
biz.yahoo.com - February 22 at 8:47 PM
us.rd.yahoo.com logoTerraForm Power upgraded by UBS (NASDAQ:TERP)
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 (NASDAQ:TERP)
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 (NASDAQ:TERP)
biz.yahoo.com - February 16 at 7:59 PM
News IconAre Analysts Optimistic About Where TerraForm Power, Inc. (NASDAQ:TERP) is Heading? - Winfield Review (NASDAQ:TERP)
winfieldreview.com - February 15 at 6:27 AM
seekingalpha.com logoTerraForm Power upgraded to Neutral from Sell at UBS - Seeking Alpha (NASDAQ:TERP)
seekingalpha.com - February 15 at 6:27 AM
News IconWhat is the Sell-side Saying About TerraForm Power, Inc. (NASDAQ:TERP)? - Aiken Advocate (NASDAQ:TERP)
aikenadvocate.com - February 13 at 3:40 PM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K/A, Change in Directors or Principal Officers (NASDAQ:TERP)
biz.yahoo.com - February 10 at 6:03 AM
News IconMarket Rover: Looking at Levels on Shares of Terraform Power Inc. (TERP) - Benton Bulletin (NASDAQ:TERP)
bentonbulletin.com - February 9 at 6:05 AM
sg.finance.yahoo.com logoTerraForm Power reports 2Q loss (NASDAQ:TERP)
sg.finance.yahoo.com - February 8 at 7:15 AM
News IconAs Terraform Pwr INC (TERP) Share Price Rose, Holder Vertex One Asset Management INC Has Raised by $21.20 Million Its Stake (NASDAQ:TERP)
randolphguide.com - February 4 at 8:18 PM
finance.yahoo.com logoTerraForm Power downgraded by Macquarie (NASDAQ:TERP)
finance.yahoo.com - February 4 at 3:57 AM
News IconFirms & Funds Maintain Significant Positions In TerraForm Power, Inc. (NASDAQ:TERP) - Wall Street Beacon (NASDAQ:TERP)
wsbeacon.com - February 1 at 6:51 AM
News IconPotential TerraForm Yieldco Buyouts: Everything You Need to Know ... - Fox Business (NASDAQ:TERP)
www.foxbusiness.com - January 29 at 2:30 AM
News IconWhat The Charts Are Saying About TerraForm Power, Inc. (NASDAQ:TERP) - The Tribune (NASDAQ:TERP)
lakecitytribune.com - January 29 at 2:30 AM
News IconNine Masts Capital LTD Position in Terraform Pwr INC (TERP) Has Decreased by $3.58 Million as Market Valuation Rose (NASDAQ:TERP)
randolphguide.com - January 25 at 6:29 AM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Other Events (NASDAQ:TERP)
us.rd.yahoo.com - January 24 at 4:30 AM
News IconEarnings Analysis & Update for TerraForm Power, Inc. (NASDAQ:TERP)? - Aiken Advocate (NASDAQ:TERP)
aikenadvocate.com - January 23 at 11:29 PM
News IconEarnings in Full Force, Analysts Take Aim at TerraForm Power, Inc. (NASDAQ:TERP) - Wall Street Beacon (NASDAQ:TERP)
wsbeacon.com - January 23 at 11:29 PM
globenewswire.com logoTerraForm Power Announces Exclusivity Agreement with Brookfield Asset Management Regarding Potential Transaction - GlobeNewswire (press release) (NASDAQ:TERP)
www.globenewswire.com - January 23 at 8:08 AM
finance.yahoo.com logoTerraForm Power Announces Exclusivity Agreement with Brookfield Asset Management Regarding Potential Transaction (NASDAQ:TERP)
finance.yahoo.com - January 23 at 8:08 AM
finance.yahoo.com logoTerraForm Global Announces Exclusivity Agreement with Brookfield Asset Management Regarding Potential Transaction (NASDAQ:TERP)
finance.yahoo.com - January 23 at 8:08 AM
News IconATR Check for Terraform Power Inc. (TERP) - Springdale Times (NASDAQ:TERP)
springdaletimes.com - January 22 at 7:53 PM
News IconActive Trading Watch on Shares of Terraform Power Inc. (TERP) - Rives Journal (NASDAQ:TERP)
rivesjournal.com - January 21 at 7:56 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on TerraForm Power, Inc. (NASDAQ:TERP) - Wall Street Beacon (NASDAQ:TERP)
wsbeacon.com - January 20 at 7:03 AM
News IconWill The Needle Move For TerraForm Power, Inc. (NASDAQ:TERP) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:TERP)
wsbeacon.com - January 16 at 12:55 PM
News IconStock Getting Tripped Up In Session: TerraForm Power, Inc. (NASDAQ:TERP) - Wall Street Beacon (NASDAQ:TERP)
wsbeacon.com - January 12 at 2:33 AM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stand (NASDAQ:TERP)
biz.yahoo.com - January 10 at 1:28 AM
bizjournals.com logoTerraForm Power to sell UK projects in $580 million deal (NASDAQ:TERP)
www.bizjournals.com - January 10 at 1:28 AM
streetinsider.com logoTerraForm Power (TERP) to Sell Portfolio of 24 Operating Solar Projects in UK (NASDAQ:TERP)
www.streetinsider.com - January 6 at 9:08 PM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Finan (NASDAQ:TERP)
us.rd.yahoo.com - January 6 at 9:08 PM
streetinsider.com logoTerraForm Power (TERP) to Sell Portfolio of 24 Operating Solar Projects in UK - StreetInsider.com (NASDAQ:TERP)
www.streetinsider.com - January 6 at 4:06 PM
wsj.com logo[$$] TerraForm Power to Sell U.K. Solar Projects to EFG Hermes' Vortex for $580 Million (NASDAQ:TERP)
www.wsj.com - January 6 at 4:06 PM
capitalcube.com logoTerraForm Power, Inc. breached its 50 day moving average in a Bearish Manner : TERP-US : January 2, 2017 (NASDAQ:TERP)
www.capitalcube.com - January 2 at 10:01 AM
fool.com logo3 Reasons TerraForm Power Inc Stock Could Rise (NASDAQ:TERP)
www.fool.com - January 2 at 10:01 AM
streetinsider.com logoTerraForm Power (TERP) Names Independent Director David Pauker to Board (NASDAQ:TERP)
www.streetinsider.com - December 28 at 8:54 AM
News Icon3 Reasons TerraForm Power Inc Stock Could Fall (NASDAQ:TERP)
www.pantagraph.com - December 28 at 8:54 AM
us.rd.yahoo.com logo5:03 pm TerraForm Power elected independent director David Pauker to its Board effective Dec 20 replacing David Springer who resigned; said the appointment enhances the Board's restructuring expertise (NASDAQ:TERP)
us.rd.yahoo.com - December 28 at 8:54 AM
publicnow.com logoTerraForm Power Announces Election of Independent Director (NASDAQ:TERP)
www.publicnow.com - December 27 at 7:48 PM
thestreet.com logoTerraForm Global Reports 1Q 2016 Financial Results And Files Form 10-Q (NASDAQ:TERP)
www.thestreet.com - December 23 at 9:00 PM
thestreet.com logoTerraForm Global Reports 2015 Financial Results And Files Form 10-K (NASDAQ:TERP)
www.thestreet.com - December 21 at 10:46 AM
fool.com logoIgnore TerraForm Power Inc.: Here Are 3 Better Yieldco Stocks - Motley Fool (NASDAQ:TERP)
www.fool.com - December 20 at 8:26 PM
News IconInvestor Focus on Shares of Terraform Power Inc. (TERP) - StockTalk Daily (NASDAQ:TERP)
stocktalkdaily.com - December 20 at 8:26 PM
fool.com logoTerraform Power Is Likely to Lower Its Dividend When It's Reinstated (NASDAQ:TERP)
www.fool.com - December 19 at 10:41 AM
capitalcube.com logoTerraForm Power, Inc. breached its 50 day moving average in a Bearish Manner : TERP-US : December 19, 2016 (NASDAQ:TERP)
us.rd.yahoo.com - December 19 at 10:41 AM
fool.com logoIgnore TerraForm Power Inc.: Here Are 3 Better Yieldco Stocks (NASDAQ:TERP)
www.fool.com - December 18 at 8:18 AM
News IconF-Score in Focus for TerraForm Power, Inc. (NASDAQ:TERP) - The Business Journal (NASDAQ:TERP)
belmontbusinessjournal.com - December 16 at 5:38 AM
biz.yahoo.com logoTerraForm Power - Investor Call to Discuss Q4 2015 and 1Q 2016 Results scheduled for 4:30 pm ET today (NASDAQ:TERP)
biz.yahoo.com - December 16 at 5:38 AM

Social

What is TerraForm Power's stock symbol?

TerraForm Power trades on the NASDAQ under the ticker symbol "TERP."

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

7 brokers have issued twelve-month price objectives for TerraForm Power's shares. Their forecasts range from $10.00 to $15.00. On average, they anticipate TerraForm Power's stock price to reach $12.50 in the next year.

When will TerraForm Power announce their earnings?

TerraForm Power is scheduled to release their next quarterly earnings announcement on Tuesday, February, 7th 2017.

What are analysts saying about TerraForm Power stock?

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

  • 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. " (2/1/2017)

  • J P Morgan 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 owns TerraForm Power stock?

TerraForm Power's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BROOKFIELD ASSET MANAGEMENT INC (12.12%), BROOKFIELD ASSET MANAGEMENT INC (12.12%), BROOKFIELD ASSET MANAGEMENT INC (12.12%), D E Shaw Composite Holdings, LLC (6.70%), Baillie Gifford & Co. (2.13%) and Angelo Gordon & CO. L.P. (1.44%). Company insiders that own TerraForm Power stock include Carlos Domenech and Montenvers Master Bluemountain.

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 Vertex One Asset Management Inc., NINE MASTS CAPITAL Ltd, Guggenheim Capital LLC, Baird Financial Group Inc., Van ECK Associates Corp and Dimensional Fund Advisors LP.

Who bought TerraForm Power stock? Who is buying TerraForm Power stock?

TerraForm Power's stock was bought by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Angelo Gordon & CO. L.P., Nokota Management LP, Ecofin Ltd., State Street Corp, Baillie Gifford & Co., Oxford Asset Management and Asset Management One Co. Ltd.. Company insiders that have bought TerraForm Power stock in the last two years include Carlos Domenech and Montenvers Master Bluemountain.

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.

How much does a share of TerraForm Power stock cost?

One share of TerraForm Power stock can currently be purchased for approximately $11.56.

TerraForm Power (NASDAQ:TERP) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TerraForm Power (NASDAQ:TERP)

Earnings History Chart

Earnings by Quarter for TerraForm Power (NASDAQ:TERP)

Dividend History Chart

Dividend Payments by Quarter for TerraForm Power (NASDAQ:TERP)

Last Updated on 2/23/2017 by MarketBeat.com Staff