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 Bethesda, Maryland.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNASDAQ:TERP
CUSIPN/A
Phone240-762-7700
Debt
Debt-to-Equity Ratio1.41
Current Ratio0.64
Quick Ratio0.64
Price-To-Earnings
Trailing P/E Ratio-9.71
Forward P/E Ratio58.75
P/E GrowthN/A
Sales & Book Value
Annual Sales$610.47 million
Price / Sales2.85
Cash Flow$1.3085 per share
Price / Cash8.98
Book Value$16.01 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)($1.21)
Net Income$-164,180,000.00
Net Margins-8.33%
Return on Equity-0.11%
Return on Assets-0.04%
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, May 2nd. Investors of record on Friday, June 1st will be paid a dividend of $0.19 per share on Friday, June 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date is Thursday, May 31st. View TerraForm Power's Dividend History.
How were TerraForm Power's earnings last quarter?
TerraForm Power Inc (NASDAQ:TERP) posted its quarterly earnings results on Tuesday, May, 1st. The solar energy provider reported $0.56 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.19) by $0.75. The solar energy provider earned $127.55 million during the quarter, compared to analysts' expectations of $145.30 million. TerraForm Power had a negative net margin of 8.33% and a negative return on equity of 0.11%. View TerraForm Power's Earnings History.
What price target have analysts set for TERP?
5 brokerages have issued 12 month price targets for TerraForm Power's shares. Their predictions range from $11.00 to $19.00. On average, they anticipate TerraForm Power's share price to reach $13.80 in the next twelve months. View Analyst Ratings for TerraForm Power.
Who are some of TerraForm Power's key competitors?
Some companies that are related to TerraForm Power include OGE Energy (OGE), CPFL Energia (CPL), Enel Generacion Chile (EOCC), ENGIE BRASIL EN/S (EGIEY), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), CENTRAIS ELETRI/S (EBR), IDACORP (IDA), Algonquin Power & Utilities (AQN), Portland General Electric (POR), Hawaiian Electric Industries (HE), Black Hills (BKH), Pampa Energia (PAM), NRG Yield Inc Class C (NYLD) and PNM Resources (PNM).
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)
- Ms. Andrea Rocheleau, Gen. Counsel & Sec. (Age 43)
- Chad Reed, Director, Investor Relations
Has TerraForm Power been receiving favorable news coverage?
News coverage about TERP stock has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TerraForm Power earned a media sentiment score of 0.20 on Accern's scale. They also gave news stories about the solar energy provider an impact score of 45.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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 BROOKFIELD ASSET MANAGEMENT INC. (51.05%), BROOKFIELD ASSET MANAGEMENT INC. (51.05%), BlackRock Inc. (3.79%), P Schoenfeld Asset Management LP (1.94%), Highbridge Capital Management LLC (1.12%) and Guggenheim Capital LLC (0.90%). 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 P Schoenfeld Asset Management LP, Highbridge Capital Management LLC and California Public Employees Retirement System. 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 Royal Bank of Canada, New Generation Advisors LLC, Dimensional Fund Advisors LP, Guggenheim Capital LLC, BlackRock Inc., Global X Management Co. LLC, Baird Financial Group Inc. and Hussman Strategic Advisors Inc.. 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 $11.75.
How big of a company is TerraForm Power?
TerraForm Power has a market capitalization of $1.72 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.
