TerraForm Power Company Profile (NASDAQ:TERP)

About TerraForm Power (TERP)

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: N/A
Key Metrics:
  • Previous Close: $12.45
  • 50 Day Moving Average: $11.85
  • 200 Day Moving Average: $12.70
  • 52-Week Range: $7.23 - $14.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 172.86
  • P/E Growth: -1.90
  • Market Cap: $1.51B
  • 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%

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 (3.31% 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 3/23/2015 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
2/24/2017        
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: $-0.66 EPS
Next Year EPS Consensus Estimate: $0.07 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161($0.05)($0.05)($0.05)
Q4 20161($0.01)($0.01)($0.01)
(Data provided by Zacks Investment Research)

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
streetinsider.com logoTerraForm Power (TERP) Receives Extension to Regain Nasdaq Compliance - StreetInsider.com (NASDAQ:TERP)
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 (NASDAQ:TERP)
us.rd.yahoo.com - March 21 at 9:57 AM
fool.com logoWhy TerraForm Power May Not Be the Best Yieldco Today - Motley Fool (NASDAQ:TERP)
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. (NASDAQ:TERP)
www.prnewswire.com - March 15 at 8:14 AM
wsj.com logo[$$] SunEdison Settles with TerraForm Power, TerraForm Global (NASDAQ:TERP)
www.wsj.com - March 13 at 8:51 AM
seekingalpha.com logoTerraForm Power, Inc. (TERP) (NASDAQ:TERP)
seekingalpha.com - March 9 at 8:08 PM
us.rd.yahoo.com logoEdited Transcript of TERP earnings conference call or presentation 8-Mar-17 9:30pm GMT (NASDAQ:TERP)
us.rd.yahoo.com - March 9 at 8:08 PM
capitalcube.com logoTerraForm Power, Inc. breached its 50 day moving average in a Bullish Manner : TERP-US : March 9, 2017 (NASDAQ:TERP)
us.rd.yahoo.com - March 9 at 8:08 PM
us.rd.yahoo.com logo6:56 am TerraForm Power: Brookfield (BAM (NASDAQ:TERP)
us.rd.yahoo.com - March 8 at 1:02 AM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stateme (NASDAQ:TERP)
us.rd.yahoo.com - March 8 at 1:02 AM
nasdaq.com logoBrookfield To Become Controlling Shareholder Of TerraForm Power - Quick Facts (NASDAQ:TERP)
www.nasdaq.com - March 7 at 8:48 AM
us.rd.yahoo.com logoBrookfield to Acquire Controlling Stake and Assume Sponsorship of TerraForm Power (NASDAQ:TERP)
us.rd.yahoo.com - March 7 at 8:48 AM
finance.yahoo.com logoBrookfield to buy TerraForm Global, 51 pct of TerraForm Power (NASDAQ:TERP)
finance.yahoo.com - March 7 at 8:48 AM
wsj.com logo[$$] Brookfield to Buy TerraForm Global (NASDAQ:TERP)
www.wsj.com - March 7 at 8:48 AM
us.rd.yahoo.com logoTERRAFORM POWER, INC. Financials (NASDAQ:TERP)
us.rd.yahoo.com - March 2 at 8:27 PM
biz.yahoo.com logoTERRAFORM POWER, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:TERP)
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 (NASDAQ:TERP)
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 (NASDAQ:TERP)
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 (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
seekingalpha.com logoTerraForm Power upgraded to Neutral from Sell at UBS - Seeking Alpha (NASDAQ:TERP)
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 (NASDAQ:TERP)
biz.yahoo.com - February 10 at 6:03 AM
finance.yahoo.com logoTerraForm Power downgraded by Macquarie (NASDAQ:TERP)
finance.yahoo.com - February 4 at 3:57 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
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
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
fool.com logo3 Reasons TerraForm Power Inc Stock Could Rise (NASDAQ:TERP)
www.fool.com - January 2 at 10:01 AM

Social

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 Tuesday, February, 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.45) by $0.22. TerraForm Power had a negative net margin of 13.10% and a negative return on equity of 1.89%.

When will TerraForm Power make its next earnings announcement?

TerraForm Power is scheduled to release their next quarterly earnings announcement on Friday, February, 24th 2017.

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

7 analysts have issued twelve-month price targets for TerraForm Power's stock. Their predictions range from $10.00 to $15.00. On average, they expect TerraForm Power's share price to reach $12.50 in the next twelve months.

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. " (3/11/2017)
  • 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 owns TerraForm Power stock?

TerraForm Power's stock is owned by a number of of retail and institutional investors. Top institutional investors include BROOKFIELD ASSET MANAGEMENT INC. (12.16%), BROOKFIELD ASSET MANAGEMENT INC (12.12%), BROOKFIELD ASSET MANAGEMENT INC (12.12%), Appaloosa LP (6.99%), 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 $12.10.

TerraForm Power (TERP) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff