TerraForm Power Company Profile (NASDAQ:TERP)

About TerraForm Power (NASDAQ:TERP)

TerraForm Power logoTerraForm 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:
  • Sector: Utilities
  • Industry: Renewable Utilities
  • Sub-Industry: N/A
  • Symbol: NASDAQ:TERP
  • CUSIP: N/A
  • Web: www.terraformpower.com
Capitalization:
  • Market Cap: $1.26352 billion
  • Outstanding Shares: 124,600,000
Average Prices:
  • 50 Day Moving Avg: $13.27
  • 200 Day Moving Avg: $12.67
  • 52 Week Range: $10.99 - $14.50
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -12.78
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $634.84 million
  • Price / Sales: 2.66
  • Book Value: $13.65 per share
  • Price / Book: 0.99
Profitability:
  • EBITDA: $394.74 million
  • Net Margins: -20.92%
  • Return on Equity: -5.75%
  • Return on Assets: -2.05%
Debt:
  • Debt-to-Equity Ratio: 0.78%
  • Current Ratio: 0.54%
  • Quick Ratio: 0.54%
Misc:
  • Average Volume: 525,305 shs.
  • Beta: 1.4
  • Short Ratio: 22.36
 

Frequently Asked Questions for TerraForm Power (NASDAQ:TERP)

What is TerraForm Power's stock symbol?

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

How were TerraForm Power's earnings last quarter?

TerraForm Power, Inc. (NASDAQ:TERP) posted its earnings results on Friday, July, 21st. The company reported ($0.94) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.31) by $0.63. The business had revenue of $135.22 million for the quarter. TerraForm Power had a negative return on equity of 5.75% and a negative net margin of 20.92%. View TerraForm Power's Earnings History.

Where is TerraForm Power's stock going? Where will TerraForm Power's stock price be in 2017?

3 brokerages have issued 12 month target prices for TerraForm Power's shares. Their predictions range from $13.00 to $13.00. On average, they expect TerraForm Power's stock price to reach $13.00 in the next twelve months. View Analyst Ratings for TerraForm Power.

What are analysts saying about TerraForm Power stock?

Here are some recent quotes from research analysts about TerraForm Power stock:

  • 1. According to Zacks Investment Research, "TerraForm Power, Inc. is global renewable energy company. It operates clean power generation assets such as solar, wind, natural gas, geothermal and hydro-electricity. The Company owns and operates solar generation assets serving utility, commercial, and residential customers. TerraForm Power, Inc. is based in Beltsville, Maryland. " (10/6/2017)
  • 2. J P Morgan Chase & Co analysts commented, "TERP issued an investor update presentation with 3Q operating metrics and guidance for FY16. Audited financials are still on the come. FY16 revenue and EBITDA guidance were slightly below our expectations and net income was negatively impacted owing to a higher interest expense than we had expected. The 3Q cash balance was slightly higher than expected. TERP did not issue guidance for CAFD but maintains that it will be “substantially lower” than the forecast issued prior to the SUNE bankruptcy owing to factors such as loss of financial and operational support. Encouragingly, TERP expects to become operationally independent from SUNE by January, with a stand-alone org structure, independent IT, and third-party asset management and O&M providers. TERP is seeking consent from bondholders to extend a 12/2 deadline for the company to become current with its SEC filings. We are adjusting our estimates, though our price target remains $13." (11/30/2016)

Who are some of TerraForm Power's key competitors?

Who are TerraForm Power's key executives?

TerraForm Power's management team includes the folowing people:

  • Peter Blackmore, Chairman of the Board, Interim Chief Executive Officer
  • Rebecca J. Cranna, Chief Financial Officer, Executive Vice President
  • Sebastian Deschler, Senior Vice President, General Counsel, Secretary
  • Christian S. Fong, Director
  • Christopher A. Compton, Independent Director
  • Kerri L. Fox, Independent Director
  • Edward Hall, Independent Director
  • David Pauker, Independent Director

Who owns TerraForm Power stock?

TerraForm Power's stock is owned by many different of retail and institutional investors. Top institutional investors include BROOKFIELD ASSET MANAGEMENT INC. (51.00%), BROOKFIELD ASSET MANAGEMENT INC. (100.00%), APPALOOSA INVESTMENT LIMITED PARTNERSHIP I (3.56%) and MERCED CAPITAL, L.P. (5.10%). Company insiders that own TerraForm Power stock include Brookfield Asset Management In and Montenvers Master Bluemountain. View Institutional Ownership Trends for TerraForm Power.

How do I buy TerraForm Power stock?

Shares of TerraForm Power can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TerraForm Power's stock price today?

One share of TerraForm Power stock can currently be purchased for approximately $13.55.


MarketBeat Community Rating for TerraForm Power (NASDAQ TERP)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  174 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  343
MarketBeat's community ratings are surveys of what our community members think about TerraForm Power and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for TerraForm Power (NASDAQ:TERP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $13.00 (4.06% downside)
Consensus Price Target History for TerraForm Power (NASDAQ:TERP)
Price Target History for TerraForm Power (NASDAQ:TERP)
Analysts' Ratings History for TerraForm Power (NASDAQ:TERP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017J P Morgan Chase & CoReiterated RatingNeutral -> Neutral$13.00N/AView Rating Details
10/13/2017Robert W. BairdReiterated RatingHold$13.00N/AView Rating Details
3/7/2017Avondale PartnersUpgradeMarket Perform -> OutperformN/AView Rating Details
10/10/2016Deutsche Bank AGReiterated RatingHold$13.00N/AView Rating Details
7/27/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperform -> Market PerformN/AView Rating Details
5/2/2016Goldman Sachs Group IncReiterated RatingNeutral$10.00N/AView Rating Details
4/26/2016Bank of America CorporationReiterated RatingHold$11.00N/AView Rating Details
11/27/2015KeyCorpReiterated RatingEqual WeightN/AView Rating Details
11/23/2015Janney Montgomery ScottLower Price TargetBuy$34.00 -> $22.00N/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for TerraForm Power (NASDAQ:TERP)
Earnings by Quarter for TerraForm Power (NASDAQ:TERP)
Earnings History by Quarter for TerraForm Power (NASDAQ TERP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/21/2017Q4 2016($0.31)($0.94)$135.22 millionViewN/AView Earnings Details
2/7/2017Q2 2016($0.45)($0.23)$187.30 millionViewN/AView Earnings Details
11/9/2015Q315$0.18($0.03)$144.62 million$153.00 millionViewListenView Earnings Details
8/6/2015Q2$0.20$0.10$136.90 million$132.00 millionViewN/AView Earnings Details
5/7/2015Q115($0.40)($0.31)$491.77 million$70.52 millionViewListenView Earnings Details
11/5/2014Q314$0.07($0.15)$52.55 million$56.00 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TerraForm Power (NASDAQ:TERP)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171($0.04)($0.04)($0.04)
Q3 20171($0.24)($0.24)($0.24)
Q4 20171($0.45)($0.45)($0.45)
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for TerraForm Power (NASDAQ TERP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/9/2015quarterly$0.359.7%11/27/201512/1/201512/15/2015
8/6/2015quarterly$0.348/28/20159/1/20159/15/2015
5/7/2015quarterly$0.333.23%5/28/20156/1/20156/15/2015
12/22/2014quarterly$0.273.69%2/26/20153/2/20153/16/2015
11/13/2014quarterly$0.1711/26/201412/1/201412/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for TerraForm Power (NASDAQ:TERP)
Insider Ownership Percentage: 34.55%
Institutional Ownership Percentage: 80.76%
Insider Trades by Quarter for TerraForm Power (NASDAQ:TERP)
Institutional Ownership by Quarter for TerraForm Power (NASDAQ:TERP)
Insider Trades by Quarter for TerraForm Power (NASDAQ:TERP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/9/2017Brookfield Asset Management InMajor ShareholderSell625,000$12.95$8,093,750.00View SEC Filing  
5/13/2016Montenvers Master BluemountainMajor ShareholderSell192,144$8.78$1,687,024.32View SEC Filing  
11/24/2015Montenvers Master Bluemountainmajor shareholderBuy888,473$0.99$879,588.27View SEC Filing  
8/25/2015Carlos DomenechCEOBuy6,000$20.49$122,940.00View SEC Filing  
9/9/2014Carlos DomenechInsiderBuy10,000$32.38$323,800.00View SEC Filing  
9/8/2014Carlos DomenechInsiderBuy1,000$32.80$32,800.00View SEC Filing  
7/23/2014Mark D LerdalDirectorBuy10,000$25.00$250,000.00View SEC Filing  
7/23/2014Sanjeev KumarCFOBuy1,500$25.00$37,500.00View SEC Filing  
7/23/2014Sebastian DeschlerInsiderBuy2,000$25.00$50,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for TerraForm Power (NASDAQ:TERP)
Latest Headlines for TerraForm Power (NASDAQ:TERP)
Source:
DateHeadline
streetinsider.com logoForm 4 TerraForm Power, Inc. For: Oct 16 Filed by: Deschler Sebastian
www.streetinsider.com - October 19 at 9:40 AM
finance.yahoo.com logoTerraForm Power, Inc. breached its 50 day moving average in a Bullish Manner : TERP-US : October 19, 2017
finance.yahoo.com - October 19 at 9:40 AM
nasdaq.com logoTERP Crosses Above Key Moving Average Level
www.nasdaq.com - October 18 at 9:26 AM
reuters.com logoBRIEF-Terraform Power Operating enters new senior secured revolving credit facility‍ ‍
www.reuters.com - October 18 at 9:26 AM
finance.yahoo.com logoETFs with exposure to TerraForm Power, Inc. : October 16, 2017
finance.yahoo.com - October 17 at 7:58 AM
feeds.benzinga.com logoTerraForm Power Closes Merger and Sponsorship Transaction
feeds.benzinga.com - October 16 at 7:39 PM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Rating Reiterated by Robert W. Baird
www.americanbankingnews.com - October 14 at 10:12 PM
nasdaq.com logoTerraForm Power is Now Oversold (TERP)
www.nasdaq.com - October 14 at 8:30 AM
finance.yahoo.com logoTerraForm Power Announces Stock Oversubscription in Merger Consideration Election 
finance.yahoo.com - October 14 at 8:30 AM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Major Shareholder Sells $8,093,750.00 in Stock
www.americanbankingnews.com - October 10 at 7:16 PM
americanbankingnews.com logoTerraForm Power Inc (TERP) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - October 7 at 6:44 PM
finance.yahoo.com logoETFs with exposure to TerraForm Power, Inc. : October 5, 2017
finance.yahoo.com - October 6 at 11:12 AM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Stock Rating Upgraded by TheStreet
www.americanbankingnews.com - October 5 at 10:42 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for TerraForm Power, Inc. Reduced by Analyst (TERP)
www.americanbankingnews.com - October 5 at 5:40 AM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - October 4 at 12:54 PM
finance.yahoo.com logoTerraForm Power, Inc. :TERP-US: Earnings Analysis: Q2, 2017 By the Numbers : October 4, 2017
finance.yahoo.com - October 4 at 10:11 AM
finance.yahoo.com logoEdited Transcript of TERP earnings conference call or presentation 2-Oct-17 8:30pm GMT
finance.yahoo.com - October 3 at 1:28 PM
globenewswire.com logoTerraForm Power Reports 2Q 2017 Financial Results and Files Form 10-Q - GlobeNewswire (press release)
globenewswire.com - October 1 at 9:16 AM
finance.yahoo.com logoTerraForm Power posts 2Q profit
finance.yahoo.com - September 30 at 1:57 PM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - September 28 at 8:12 PM
finance.yahoo.com logoEarnings Review and Free Research Report: TerraForm Power’s Q1 Results Outshined Forecasts
finance.yahoo.com - September 19 at 8:22 AM
fool.com logoIs TerraForm Power, Inc. a Buy?
www.fool.com - September 18 at 7:30 PM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 9 at 11:46 AM
finance.yahoo.com logoETFs with exposure to TerraForm Power, Inc. : September 7, 2017
finance.yahoo.com - September 8 at 9:09 AM
americanbankingnews.com logoOppenheimer Holdings Research Analysts Cut Earnings Estimates for TerraForm Power, Inc. (TERP)
www.americanbankingnews.com - September 8 at 5:40 AM
finance.yahoo.com logoTerraForm Power, Inc. :TERP-US: Earnings Analysis: Q1, 2017 By the Numbers : September 5, 2017
finance.yahoo.com - September 6 at 9:04 AM
finance.yahoo.com logoEdited Transcript of TERP earnings conference call or presentation 5-Sep-17 8:30pm GMT
finance.yahoo.com - September 6 at 9:03 AM
americanbankingnews.com logoTerraForm Power's (TERP) Hold Rating Reaffirmed at Robert W. Baird
www.americanbankingnews.com - September 3 at 1:26 PM
globenewswire.com logoTerraForm Power Reports 1Q 2017 Financial Results and Files Form 10-Q - GlobeNewswire (press release)
globenewswire.com - August 30 at 10:05 AM
finance.yahoo.com logoTerraForm Power reports 1Q loss
finance.yahoo.com - August 30 at 10:05 AM
americanbankingnews.com logoTerraForm Power (TERP) versus Comp En De Mn Cemig ADS (CIG) Financial Contrast
www.americanbankingnews.com - August 26 at 4:30 PM
americanbankingnews.com logoContrasting 8point3 Energy Partners (CAFD) & TerraForm Power (TERP)
www.americanbankingnews.com - August 20 at 8:14 PM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 15 at 1:00 PM
americanbankingnews.com logo8point3 Energy Partners (CAFD) & TerraForm Power (NASDAQ:TERP) Head-To-Head Contrast
www.americanbankingnews.com - August 13 at 10:40 AM
streetinsider.com logoTerraForm Power (TERP) Reports Receipt of Nasdaq Letter; Not Yet Filing Form 10-Q Serves as Additional Basis for Delisiting
www.streetinsider.com - August 12 at 8:26 AM
finance.yahoo.com logoTerraForm Power Operating, LLC Announces Completion of Consent Solicitation
finance.yahoo.com - August 12 at 8:26 AM
americanbankingnews.com logo Analysts Anticipate TerraForm Power, Inc. (NASDAQ:TERP) Will Announce Quarterly Sales of $158.94 Million
www.americanbankingnews.com - August 11 at 3:52 PM
americanbankingnews.com logoTerraForm Global (GLBL) vs. TerraForm Power (NASDAQ:TERP) Head to Head Analysis
www.americanbankingnews.com - August 9 at 8:40 AM
globenewswire.com logoTerraForm Power Operating, LLC Launches Consent Solicitation Related to Senior Notes - GlobeNewswire (press release)
globenewswire.com - August 4 at 8:59 AM
americanbankingnews.com logoTerraForm Power, Inc. (NASDAQ:TERP) Expected to Earn Q2 2017 Earnings of ($0.03) Per Share
www.americanbankingnews.com - August 4 at 7:16 AM
finance.yahoo.com logoTerraForm Power Operating, LLC Launches Consent Solicitation Related to Senior Notes
finance.yahoo.com - August 3 at 7:51 AM
finance.yahoo.com logoEdited Transcript of TERP earnings conference call or presentation 1-Aug-17 8:30pm GMT
finance.yahoo.com - August 2 at 7:44 AM
fool.com logo2 Reasons TerraForm Power Inc Stock Could Rise - Motley Fool
www.fool.com - July 26 at 8:43 AM
finance.yahoo.com logoETFs with exposure to TerraForm Power, Inc. : July 25, 2017
finance.yahoo.com - July 26 at 8:43 AM
finance.yahoo.com logo2 Reasons TerraForm Power Inc Stock Could Rise
finance.yahoo.com - July 26 at 8:43 AM
streetinsider.com logoTerraForm Power (TERP) Reports 4Q Results and Files Form 10-K - StreetInsider.com
www.streetinsider.com - July 22 at 9:35 AM
americanbankingnews.com logoTerraForm Power, Inc. (TERP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 21 at 12:54 PM
fool.com logoHere's Why The Best Is Yet to Come for TerraForm Power, Inc. - Motley Fool
www.fool.com - July 21 at 7:43 AM
finance.yahoo.com logoHere's Why The Best Is Yet to Come for TerraForm Power, Inc.
finance.yahoo.com - July 21 at 7:43 AM
fool.com logoHere's Why The Best Is Yet to Come for TerraForm Power, Inc.
www.fool.com - July 21 at 7:25 AM

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Chart

TerraForm Power (TERP) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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