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

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

TerraForm Power announced 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 annualized dividend 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 quarterly earnings results on Tuesday, May, 1st. The solar energy provider reported $0.56 earnings per share for the quarter, beating the 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 net margin of 8.33% and a negative return on equity of 0.11%. View TerraForm Power's Earnings History.

5 Wall Street analysts have issued 12-month price objectives for TerraForm Power's stock. Their predictions range from $11.00 to $19.00. On average, they anticipate TerraForm Power's stock price to reach $13.80 in the next year. View Analyst Ratings for TerraForm Power.

Some companies that are related to TerraForm Power include CPFL Energia (CPL), Enel Generación Chile (EOCC), Eletrobras (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 articles about TERP stock have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog 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 media sentiment score of 0.18 on Accern's scale. They also gave news coverage about the solar energy provider an impact score of 47.20 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

TerraForm Power's stock is owned by many different of institutional and retail 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 $1.63 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]