NASDAQ:TERP - TerraForm Power Stock Price, Price Target & More

TerraForm Power trades on the NASDAQ under the ticker symbol "TERP."

TerraForm Power declared a quarterly dividend on Wednesday, May 2nd. Shareholders of record on Friday, June 1st will be given a dividend of $0.19 per share on Friday, June 15th. This represents a $0.76 dividend on an annualized basis and a yield of 6.93%. The ex-dividend date is Thursday, May 31st. View TerraForm Power's Dividend History.

TerraForm Power (NASDAQ:TERP) posted its earnings results on Tuesday, May, 1st. The solar energy provider reported $0.56 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.19) by $0.75. The solar energy provider had revenue of $127.55 million for the quarter, compared to the consensus estimate of $145.30 million. TerraForm Power had a negative return on equity of 0.11% and a negative net margin of 8.33%. View TerraForm Power's Earnings History.

5 brokers have issued 1-year target prices for TerraForm Power's shares. Their forecasts range from $11.00 to $19.00. On average, they anticipate TerraForm Power's stock price to reach $13.80 in the next twelve months. View Analyst Ratings for TerraForm Power.

Some companies that are related to TerraForm Power include CPFL Energia (CPL), Enel Generación Chile (EOCC), CENTRAIS ELETRI/S (EBR), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), Algonquin Power & Utilities (AQN), Idacorp (IDA), Pampa Energia (PAM), Portland General Electric (POR), Hawaiian Electric Industries (HE), NRG Yield (NYLD), PNM Resources (PNM), Black Hills (BKH), CEMIG (CIG) and Ormat Technologies (ORA).

News coverage about TERP stock has trended somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. TerraForm Power earned a daily sentiment score of 0.10 on Accern's scale. They also gave media stories about the solar energy provider an impact score of 46.73 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

TerraForm Power's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.79%), P Schoenfeld Asset Management LP (1.94%), Highbridge Capital Management LLC (1.12%), Guggenheim Capital LLC (0.90%), Royal Bank of Canada (0.61%) and New Generation Advisors LLC (0.60%). View Institutional Ownership Trends for TerraForm Power.

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.

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.

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.

One share of TERP stock can currently be purchased for approximately $10.96.

TerraForm Power has a market capitalization of $1.62 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.

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]