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
Current SymbolNASDAQ:TERP
Previous Symbol
CUSIPN/A
Phone646-992-2400
Debt
Debt-to-Equity Ratio1.96
Current Ratio0.93
Quick Ratio0.93
Price-To-Earnings
Trailing P/E Ratio-9.28
Forward P/E Ratio56.15
P/E GrowthN/A
Sales & Book Value
Annual Sales$610.47 million
Price / Sales3.85
Cash Flow$1.2968 per share
Price / Cash8.66
Book Value$16.01 per share
Price / Book0.70
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-164,180,000.00
Net Margins-12.29%
Return on Equity-0.48%
Return on Assets-0.16%
Miscellaneous
EmployeesN/A
Outstanding Shares209,140,000
Market Cap$2.35 billion
OptionableOptionable
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 declared a quarterly dividend on Thursday, November 8th. Investors of record on Monday, December 3rd will be given a dividend of $0.19 per share on Monday, December 17th. This represents a $0.76 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date of this dividend is Friday, November 30th. View TerraForm Power's Dividend History.
How were TerraForm Power's earnings last quarter?
TerraForm Power Inc (NASDAQ:TERP) issued its quarterly earnings data on Thursday, November, 8th. The solar energy provider reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.11. The solar energy provider had revenue of $246.06 million for the quarter, compared to analyst estimates of $233.26 million. TerraForm Power had a negative net margin of 12.29% and a negative return on equity of 0.48%. The firm's revenue was up 60.4% on a year-over-year basis. During the same period last year, the firm earned ($0.31) 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 brokerages have issued 1 year target prices for TerraForm Power's stock. Their forecasts range from $11.00 to $14.00. On average, they expect TerraForm Power's share price to reach $12.3571 in the next twelve months. This suggests a possible upside of 9.8% 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 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TerraForm Power.
Has TerraForm Power been receiving favorable news coverage?
News headlines about TERP stock have trended negative this week, InfoTrie reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TerraForm Power earned a news impact score of -2.4 on InfoTrie's scale. They also gave media stories about the solar energy provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of TerraForm Power's key competitors?
Some companies that are related to TerraForm Power include Huaneng Power International (HNP), CENTRAIS ELETRI/S (EBR), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), CPFL Energia (CPL), ENGIE BRASIL EN/S (EGIEY), Great Plains Energy (GXP), Enel Generacion Chile (EOCC), IDACORP (IDA), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), Enel Chile (ENIC), Portland General Electric (POR), Hawaiian Electric Industries (HE) and CEMIG (CIG).
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 many different of retail and institutional investors. Top institutional investors include Strategic Value Partners LLC (5.23%), BlackRock Inc. (3.89%), Baillie Gifford & Co. (0.96%), Highbridge Capital Management LLC (0.73%), Dimensional Fund Advisors LP (0.71%) and Renaissance Technologies LLC (0.68%). View Institutional Ownership Trends for TerraForm Power.
Which major 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, Highbridge Capital Management LLC, TIAA CREF Investment Management LLC, Citadel Advisors LLC, SG Americas Securities LLC, Phocas Financial Corp. and Credit Suisse AG. View Insider Buying and Selling for TerraForm Power.
Which major investors are buying TerraForm Power stock?
TERP stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Mainstay Capital Management LLC ADV, Baillie Gifford & Co., Mirae Asset Global Investments Co. Ltd., First Trust Advisors LP and Bowling Portfolio Management 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 $11.25.
How big of a company is TerraForm Power?
TerraForm Power has a market capitalization of $2.35 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.
