About TerraForm Power (NASDAQ:TERP)
TerraForm Power, Inc. is a United States-based holding company. The Company owns clean power generation assets. This includes solar and wind assets located in the United States, Canada and other markets. Its clean power generation assets serve utility, commercial and residential customers. As of December 31, 2016, the Company's portfolio consisted of renewable energy facilities located in the United States, Canada, the United Kingdom and Chile with a combined nameplate capacity of 2,983.1 megawatts. It owns and operates over 500 hundred wind and solar clean energy power installations. Its projects include Bluebird, River Mountains Solar, Laho Solar, SunE Perpetual Lindsday, Sandringham, California Public institutions and Summit Solar Projects. The Company holds interest in TerraForm Power, LLC (Terra LLC), which is an owner and operator of renewable energy facilities that have long-term contractual arrangements to sell the electricity generated by these facilities to third parties.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNASDAQ:TERP
CUSIPN/A
Phone240-762-7700
Debt
Debt-to-Equity Ratio1.35%
Current Ratio0.66%
Quick Ratio0.66%
Price-To-Earnings
Trailing P/E Ratio-9.11
Forward P/E Ratio-18.66
P/E GrowthN/A
Sales & Book Value
Annual Sales$610.47 million
Price / Sales2.67
Cash Flow$1.2862 per share
Price / Cash8.56
Book Value$16.01 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-164,180,000.00
Net Margins-26.85%
Return on Equity-4.54%
Return on Assets-1.67%
Miscellaneous
EmployeesN/A
Outstanding Shares148,090,000
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 Wednesday, February 7th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.19 per share on Friday, March 30th. This represents a $0.76 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date is Tuesday, February 27th. View TerraForm Power's Dividend History.
How were TerraForm Power's earnings last quarter?
TerraForm Power (NASDAQ:TERP) released its earnings results on Thursday, March, 8th. The solar energy provider reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.48) by $0.34. The solar energy provider had revenue of $135.54 million for the quarter, compared to the consensus estimate of $122.56 million. TerraForm Power had a negative net margin of 26.85% and a negative return on equity of 4.54%. View TerraForm Power's Earnings History.
What price target have analysts set for TERP?
5 brokers have issued 12 month price objectives for TerraForm Power's shares. Their forecasts range from $11.00 to $19.00. On average, they anticipate TerraForm Power's share price to reach $13.80 in the next year. View Analyst Ratings for TerraForm Power.
Who are some of TerraForm Power's key competitors?
Some companies that are related to TerraForm Power include NRG Yield (NYLD), PNM Resources (PNM), CEMIG (CIG), Ormat Technologies (ORA), Black Hills (BKH), Edenor (EDN), NextEra Energy Partners (NEP), Companhia Paranaense de Energia (ELP), Atlantica Yield (AY), El Paso Electric (EE), Dynegy (DYN), Pattern Energy Group (PEGI), Otter Tail (OTTR), TransAlta (TAC), 8Point3 Energy Partners (CAFD), Sky Solar (SKYS), Azure Power (AZRE) and Premier (PRHL).
Who are TerraForm Power's key executives?
TerraForm Power's management team includes the folowing people:
- Peter Blackmore, Chairman of the Board (Age 70)
- John Marcus Stinebaugh, Chief Executive Officer
- Matthew Berger, Chief Financial Officer
- Sebastian Deschler, Senior Vice President, General Counsel, Secretary (Age 46)
- Christopher A. Compton, Independent Director (Age 68)
- Christian S. Fong, Independent Director (Age 40)
- Kerri L. Fox, Independent Director (Age 49)
- Edward Hall, Independent Director (Age 58)
- David Pauker, Independent Director (Age 58)
Has TerraForm Power been receiving favorable news coverage?
News coverage about TERP stock has been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TerraForm Power earned a coverage optimism score of 0.04 on Accern's scale. They also gave media headlines about the solar energy provider an impact score of 45.65 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
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 $11.01.
How big of a company is TerraForm Power?
TerraForm Power has a market capitalization of $1.64 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.
How can I contact TerraForm Power?
TerraForm Power's mailing address is 7550 Wisconsin Avenue 9th Floor, Bethesda MD, 20814. The solar energy provider can be reached via phone at 240-762-7700 or via email at [email protected]
MarketBeat Community Rating for TerraForm Power (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.
TerraForm Power (NASDAQ:TERP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for TerraForm Power in the last 12 months. Their average twelve-month price target is $13.80, suggesting that the stock has a possible upside of 25.34%. The high price target for TERP is $19.00 and the low price target for TERP is $11.00. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 1.75 | 2.17 | 2.25 |
| Ratings Breakdown: | 2 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $13.80 | $14.00 | $13.50 | $12.50 |
| Price Target Upside: | 25.34% upside | 21.42% upside | 4.17% upside | 7.95% downside |
TerraForm Power (NASDAQ:TERP) Consensus Price Target History
TerraForm Power (NASDAQ:TERP) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
TerraForm Power (NASDAQ:TERP) Dividend Information
TerraForm Power pays an annual dividend of $0.76 per share, with a dividend yield of 6.90%. TERP's most recent quarterly dividend payment was Friday, March 30. TerraForm Power pays out -62.81% of its earnings out as a dividend.
| Most Recent Dividend: | 3/30/2018 |
| Annual Dividend: | $0.76 |
| Dividend Yield: | 6.90% |
| Payout Ratio: | -62.81% (Trailing 12 Months of Earnings)
-128.81% (Based on This Year's Estimates)
-304.00% (Based on Next Year's Estimates)
|
TerraForm Power (NASDAQ:TERP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/7/2018 | Quarterly | $0.19 | 7.08% | 2/27/2018 | 2/28/2018 | 3/30/2018 |
| 11/9/2015 | quarterly | $0.35 | 9.7% | 11/27/2015 | 12/1/2015 | 12/15/2015 |
| 8/6/2015 | quarterly | $0.3350 | | 8/28/2015 | 9/1/2015 | 9/15/2015 |
| 5/7/2015 | quarterly | $0.3250 | 3.23% | 5/28/2015 | 6/1/2015 | 6/15/2015 |
| 12/22/2014 | quarterly | $0.27 | 3.69% | 2/26/2015 | 3/2/2015 | 3/16/2015 |
| 11/13/2014 | quarterly | $0.1717 | | 11/26/2014 | 12/1/2014 | 12/15/2014 |
(Data available from 1/1/2013 forward)
TerraForm Power (NASDAQ TERP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 34.55%
Institutional Ownership Percentage: 41.70%
TerraForm Power (NASDAQ TERP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 10/9/2017 | Brookfield Asset Management In | Major Shareholder | Sell | 625,000 | $12.95 | $8,093,750.00 | |  |
| 5/13/2016 | Montenvers Master Bluemountain | Major Shareholder | Sell | 192,144 | $8.78 | $1,687,024.32 | 6,471,200 | |
| 11/24/2015 | Montenvers Master Bluemountain | major shareholder | Buy | 888,473 | $0.99 | $879,588.27 | 348,082 | |
| 8/25/2015 | Carlos Domenech | CEO | Buy | 6,000 | $20.49 | $122,940.00 | 1,714,860 | |
| 9/9/2014 | Carlos Domenech | Insider | Buy | 10,000 | $32.38 | $323,800.00 | | |
| 9/8/2014 | Carlos Domenech | Insider | Buy | 1,000 | $32.80 | $32,800.00 | | |
| 7/23/2014 | Mark D Lerdal | Director | Buy | 10,000 | $25.00 | $250,000.00 | | |
| 7/23/2014 | Sanjeev Kumar | CFO | Buy | 1,500 | $25.00 | $37,500.00 | | |
| 7/23/2014 | Sebastian Deschler | Insider | Buy | 2,000 | $25.00 | $50,000.00 | | |
(Data available from 1/1/2013 forward)
TerraForm Power (NASDAQ TERP) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | TerraForm Power (TERP) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 18 at 3:33 PM |
| TerraForm Power (TERP) Upgraded by BidaskClub to "Buy"
www.americanbankingnews.com - April 14 at 8:37 PM |
 | TerraForm Power And Saeta - Not As Sweet As It Seems
seekingalpha.com - April 9 at 9:49 AM |
| TerraForm Power, Inc. New (TERP) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 9 at 1:26 AM |
| TerraForm Power, Inc. New (TERP) Raised to "Outperform" at Robert W. Baird
www.americanbankingnews.com - April 6 at 11:31 AM |
| TerraForm Power, Inc. New (TERP) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 5 at 10:14 PM |
| Bank of America Begins Coverage on TerraForm Power, Inc. New (TERP)
www.americanbankingnews.com - April 5 at 9:37 PM |
| TerraForm Power, Inc. New (TERP) Coverage Initiated by Analysts at Royal Bank of Canada
www.americanbankingnews.com - April 4 at 1:14 PM |
| TerraForm Power, Inc. New (TERP) Expected to Post Quarterly Sales of $142.02 Million
www.americanbankingnews.com - March 31 at 2:44 AM |
 | These 3 Dividend Growth Stocks Could Be Great Holds for the Long Haul
finance.yahoo.com - March 27 at 4:18 PM |
| TerraForm Power, Inc. New (TERP) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - March 24 at 6:46 PM |
| TerraForm Power, Inc. New (TERP) versus Its Peers Critical Comparison
www.americanbankingnews.com - March 18 at 7:26 PM |
| TerraForm Power, Inc. New (TERP) Stock Rating Lowered by Goldman Sachs
www.americanbankingnews.com - March 17 at 1:18 PM |
| Edited Transcript of TERP earnings conference call or presentation 9-Mar-18 2:00pm GMT
finance.yahoo.com - March 16 at 9:55 AM |
| Pattern Energy Vs. TerraForm Power: A Clean Energy Pair Trade From Goldman Sachs
finance.yahoo.com - March 15 at 4:50 PM |
| TerraForm Power, Inc. New (TERP) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - March 15 at 4:00 PM |
| TerraForm Power Reports Fourth Quarter and Full Year 2017 Results
finance.yahoo.com - March 9 at 10:10 AM |
| TerraForm Power reports 4Q loss
finance.yahoo.com - March 9 at 10:10 AM |
| TerraForm Power 2017 Fourth Quarter and Full Year Results Webcast and Conference Call for Investors and Analysts
finance.yahoo.com - March 6 at 4:43 PM |
| Seeking Some Passive Income? Here Are 3 High-Yield Stocks to Consider Buying
finance.yahoo.com - March 4 at 5:13 PM |
| Baird Financial Group Inc. Grows Holdings in TerraForm Power, Inc. New (TERP)
www.americanbankingnews.com - March 4 at 4:42 AM |
 | Top Buys by Top Brass: Chief Executive Officer Stinebaugh's $100.6K Bet on TERP
www.nasdaq.com - March 1 at 4:44 PM |
| Angelo Gordon & CO. L.P. Has $44.81 Million Position in TerraForm Power, Inc. New (TERP)
www.americanbankingnews.com - February 28 at 4:22 AM |
| Is TerraForm Power Stock a Buy?
finance.yahoo.com - February 25 at 9:50 AM |
| Zacks: Analysts Anticipate TerraForm Power, Inc. New (TERP) Will Announce Quarterly Sales of $122.56 Million
www.americanbankingnews.com - February 25 at 4:09 AM |
| Ex-Dividend Reminder: Brookfield Renewable Partners, TerraForm Power and Brookfield Infrastructure Partners
www.nasdaq.com - February 23 at 4:49 PM |
| Analysts Anticipate TerraForm Power, Inc. New (TERP) Will Post Earnings of -$0.49 Per Share
www.americanbankingnews.com - February 23 at 2:20 PM |
| Insider Buying: TerraForm Power, Inc. New (TERP) CEO Buys 8,100 Shares of Stock
www.americanbankingnews.com - February 22 at 7:08 PM |
| TERP Added as Top 10 Utility Dividend Stock With 6.79% Yield
www.nasdaq.com - February 13 at 9:04 AM |
| TerraForm Power, Inc. New (TERP) Short Interest Update
www.americanbankingnews.com - February 10 at 1:40 AM |
| TerraForm Power Eyes Spain for Growth
finance.yahoo.com - February 9 at 9:09 AM |
| Blog Exposure - TerraForm Power Bids to Acquire Spanish Renewable Energy Company Saeta
finance.yahoo.com - February 9 at 9:09 AM |
| TerraForm Power, Inc. New (TERP) Announces Quarterly Dividend of $0.19
www.americanbankingnews.com - February 8 at 11:48 AM |
| TerraForm Power, Inc. New (TERP) Expected to Post Quarterly Sales of $122.56 Million
www.americanbankingnews.com - February 8 at 4:32 AM |
| TerraForm Power Announces Offer to Acquire 100% of Leading European Renewable Power Business, Saeta Yield
finance.yahoo.com - February 7 at 9:07 AM |
| Zacks: Analysts Anticipate TerraForm Power, Inc. New (TERP) Will Post Earnings of -$0.49 Per Share
www.americanbankingnews.com - February 6 at 1:20 PM |
| TerraForm Power, Inc. New (TERP) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - February 6 at 12:36 PM |
| New batteries for Hawaiian wind farm: Younicos upgrades 10 MW energy storage system
finance.yahoo.com - January 30 at 9:28 AM |
| Why 2017 Was a Year to Remember for TerraForm Power, Inc.
finance.yahoo.com - January 30 at 9:28 AM |
| $122.56 Million in Sales Expected for TerraForm Power, Inc. New (TERP) This Quarter
www.americanbankingnews.com - January 22 at 4:52 AM |
| TerraForm Power, Inc. New (TERP) Expected to Post Earnings of -$0.49 Per Share
www.americanbankingnews.com - January 20 at 5:16 PM |
| Offshoot of Fallen Clean Energy Giant Takes It Slow
finance.yahoo.com - January 13 at 11:02 AM |
| Analysts Expect TerraForm Power, Inc. New (TERP) Will Announce Quarterly Sales of $122.56 Million
www.americanbankingnews.com - January 5 at 4:08 AM |
| Commit To Buy TerraForm Power At $7.50, Earn 7.5% Annualized Using Options
www.nasdaq.com - January 2 at 4:05 PM |
| 3 Energy Stocks to Buy for 2018
finance.yahoo.com - January 2 at 4:05 PM |
| [$$] SunEdison Emerges From Bankruptcy as a Smaller Company
finance.yahoo.com - December 30 at 10:50 AM |
| Will 2018 Be TerraForm Power, Inc's Best Year Yet?
finance.yahoo.com - December 30 at 10:50 AM |
| TerraForm Power, Inc. New (TERP) Expected to Announce Quarterly Sales of $122.56 Million
www.americanbankingnews.com - December 20 at 10:20 AM |
| TerraForm Power, Inc. New (TERP) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - December 18 at 12:48 PM |
| Zacks: Analysts Expect TerraForm Power, Inc. New (TERP) Will Announce Earnings of -$0.49 Per Share
www.americanbankingnews.com - December 18 at 5:22 AM |
TerraForm Power (NASDAQ:TERP) SEC Filings
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TerraForm Power (NASDAQ:TERP) Income Statement, Balance Sheet and Cash Flow Statement
TerraForm Power (NASDAQ TERP) Stock Chart for Friday, April, 20, 2018
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