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-9.50
Forward P/E Ratio57.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$610.47 million
Price / Sales3.94
Cash Flow$1.2950 per share
Price / Cash Flow8.88
Book Value$16.01 per share
Price / Book0.72
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$2.41 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. Stockholders of record on Monday, December 3rd will be paid a dividend of $0.19 per share on Monday, December 17th. This represents a $0.76 annualized dividend and a dividend yield of 6.61%. 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) announced its quarterly earnings data on Thursday, November, 8th. The solar energy provider reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.11. The solar energy provider earned $246.06 million during the quarter, compared to analyst estimates of $233.26 million. TerraForm Power had a negative return on equity of 0.48% and a negative net margin of 12.29%. The company's revenue for the quarter was up 60.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($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?
7 analysts have issued 1 year target prices for TerraForm Power's stock. Their predictions range from $11.00 to $14.00. On average, they expect TerraForm Power's stock price to reach $12.4167 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for TerraForm Power.
What is the consensus analysts' recommendation for TerraForm Power?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TerraForm Power in the last year. There are currently 3 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?
Media coverage about TERP stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TerraForm Power earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the solar energy provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company'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 CENTRICA PLC/S (CPYYY), Huaneng Power International (HNP), CHINA RESOURES/ADR (CRPJY), CENTRAIS ELETRI/S (EBR), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), Enel Generacion Chile (EOCC), IDACORP (IDA), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), 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)
- Ms. Valerie Hannah, Chief Operating Officer (Age 51)
- Mr. Michael Tebbutt, Chief Financial Officer
- 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%), Vanguard Group Inc. (2.73%), Vanguard Group Inc (2.73%), Baillie Gifford & Co. (0.96%) and Morgan Stanley (0.78%). 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, Morgan Stanley, 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Vanguard Group Inc, Vanguard Group Inc., Dimensional Fund Advisors LP, Mainstay Capital Management LLC ADV, Baillie Gifford & Co. and Mirae Asset Global Investments Co. Ltd.. 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 $11.50.
How big of a company is TerraForm Power?
TerraForm Power has a market capitalization of $2.41 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.
