TerraForm Power, Inc., together with its subsidiaries, owns and operates clean power generation assets. As of December 31, 2017, its portfolio consisted of solar and wind projects located in the United States, Canada, the United Kingdom, and Chile with a combined nameplate capacity of 2,606.4 megawatts. The company was formerly known as SunEdison Yieldco, Inc. and changed its name to TerraForm Power, Inc. in May 2014. TerraForm Power, Inc. was founded in 2014 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNASDAQ:TERP
CUSIPN/A
Phone646-992-2400
Debt
Debt-to-Equity Ratio1.91
Current Ratio0.89
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio-9.80
Forward P/E Ratio28.93
P/E GrowthN/A
Sales & Book Value
Annual Sales$610.47 million
Price / Sales4.06
Cash Flow$1.2962 per share
Price / Cash9.15
Book Value$16.01 per share
Price / Book0.74
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-164,180,000.00
Net Margins-13.02%
Return on Equity-0.29%
Return on Assets-0.10%
Miscellaneous
EmployeesN/A
Outstanding Shares209,060,000
Market Cap$2.48 billion
TerraForm Power (NASDAQ:TERP) Frequently Asked Questions
What is TerraForm Power's stock symbol?
TerraForm Power trades on the NASDAQ under the ticker symbol "TERP."
How often does TerraForm Power pay dividends? What is the dividend yield for TerraForm Power?
TerraForm Power announced a quarterly dividend on Wednesday, August 15th. Stockholders of record on Saturday, September 1st will be given a dividend of $0.19 per share on Saturday, September 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date of this dividend is Thursday, August 30th. View TerraForm Power's Dividend History.
How were TerraForm Power's earnings last quarter?
TerraForm Power Inc (NASDAQ:TERP) posted its quarterly earnings data on Monday, August, 13th. The solar energy provider reported ($0.13) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.13). The solar energy provider earned $179.89 million during the quarter, compared to analyst estimates of $162.69 million. TerraForm Power had a negative return on equity of 0.29% and a negative net margin of 13.02%. The business's revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.08 earnings per share. View TerraForm Power's Earnings History.
When is TerraForm Power's next earnings date?
What price target have analysts set for TERP?
8 brokers have issued 12 month target prices for TerraForm Power's shares. Their forecasts range from $11.00 to $19.00. On average, they expect TerraForm Power's stock price to reach $13.2143 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for TerraForm Power.
What is the consensus analysts' recommendation for TerraForm Power?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TerraForm Power in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TerraForm Power.
Who are some of TerraForm Power's key competitors?
Some companies that are related to TerraForm Power include Enel Americas (ENIA), Pinnacle West Capital (PNW), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), Great Plains Energy (GXP), CPFL Energia (CPL), ENGIE BRASIL EN/S (EGIEY), Brookfield Renewable Partners (BEP), Enel Generacion Chile (EOCC), CENTRAIS ELETRI/S (EBR), Algonquin Power & Utilities (AQN), IDACORP (IDA), Enel Chile (ENIC), Portland General Electric (POR) and Hawaiian Electric Industries (HE).
Who are TerraForm Power's key executives?
TerraForm Power's management team includes the folowing people:
- Mr. John Marcus Stinebaugh CFA, Chief Exec. Officer (Age 51)
- Mr. Matthew Ethan Berger, Chief Financial Officer (Age 47)
- Ms. Valerie Hannah, Chief Operating Officer (Age 51)
- Mr. Michael Ragusa, Chief Accounting Officer (Age 42)
- Chad Reed, Director, Investor Relations
Who are TerraForm Power's major shareholders?
TerraForm Power's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Strategic Value Partners LLC (8.35%), BlackRock Inc. (4.09%), Baillie Gifford & Co. (1.26%), Dimensional Fund Advisors LP (0.89%), Northern Trust Corp (0.37%) and Millennium Management LLC (0.44%). View Institutional Ownership Trends for TerraForm Power.
Which institutional investors are selling TerraForm Power stock?
TERP stock was sold by a variety of institutional investors in the last quarter, including Strategic Value Partners LLC, GSA Capital Partners LLP, Bank of America Corp DE, First Manhattan Co. and Phocas Financial Corp.. View Insider Buying and Selling for TerraForm Power.
Which institutional investors are buying TerraForm Power stock?
TERP stock was bought by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Dimensional Fund Advisors LP, Millennium Management LLC, American Century Companies Inc., BlackRock Inc., Northern Trust Corp, Boston Partners and Renaissance Technologies LLC. View Insider Buying and Selling for TerraForm Power.
How do I buy shares of TerraForm Power?
Shares of TERP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TerraForm Power's stock price today?
One share of TERP stock can currently be purchased for approximately $11.86.
How big of a company is TerraForm Power?
TerraForm Power has a market capitalization of $2.48 billion and generates $610.47 million in revenue each year. The solar energy provider earns $-164,180,000.00 in net income (profit) each year or ($1.21) on an earnings per share basis.
What is TerraForm Power's official website?
How can I contact TerraForm Power?
TerraForm Power's mailing address is 200 Liberty Street 14th Floor, New York NY, 10281. The solar energy provider can be reached via phone at 646-992-2400 or via email at [email protected]
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 TERP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TERP will underperform the S&P 500 over the long term. You may vote once every thirty days.
