NYSE:AZRE - Azure Power Stock Price, Price Target & More

Azure Power trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZRE."

Azure Power (NYSE:AZRE) issued its quarterly earnings results on Monday, June, 19th. The energy company reported ($0.20) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.16. The energy company had revenue of $20.32 million for the quarter, compared to analysts' expectations of $21.50 million. Azure Power had a negative return on equity of 10.40% and a negative net margin of 19.14%. View Azure Power's Earnings History.

Azure Power is scheduled to release their next quarterly earnings announcement on Monday, June, 18th 2018. View Earnings Estimates for Azure Power.

1 brokers have issued 12 month target prices for Azure Power's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate Azure Power's stock price to reach $22.00 in the next twelve months. View Analyst Ratings for Azure Power.

Some companies that are related to Azure Power include TransAlta (TAC), CENTRAIS ELETRI/S (EBR.B), Innergex Renewable Energy (INGXF), Datang Intl Power Generation (DIPGY), Eneva (ENEVY), 8Point3 Energy Partners (CAFD), COMPANHIA PARAN/S (ELPVY), Sky Solar (SKYS), Biotricity (BTCY), Alaska Power and Telephone (APTL), Summer Energy (SUME), Ocean Power Technologies (OPTT) and Premier (PRHL).

(AZRE) raised $150 million in an initial public offering (IPO) on Wednesday, October 12th 2016. The company issued 6,800,000 shares at a price of $21.00-$23.00 per share. Barclays and Credit Suisse acted as the underwriters for the IPO and Roth Capital Partners was co-manager.

News coverage about AZRE stock has been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Azure Power earned a news sentiment score of 0.08 on Accern's scale. They also assigned news articles about the energy company an impact score of 47.29 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Azure Power's stock is owned by a number of of institutional and retail investors. Top institutional investors include Handelsbanken Fonder AB (2.06%), Handelsbanken Fonder AB (2.06%) and Sei Investments Co. (0.12%). View Institutional Ownership Trends for Azure Power.

AZRE stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Handelsbanken Fonder AB and Sei Investments Co.. View Insider Buying and Selling for Azure Power.

Shares of AZRE 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 AZRE stock can currently be purchased for approximately $15.2002.

Azure Power has a market capitalization of $394.97 million and generates $64.50 million in revenue each year. The energy company earns $-18,080,000.00 in net income (profit) each year or ($1.72) on an earnings per share basis. Azure Power employs 401 workers across the globe.

Azure Power's mailing address is 8 LOCAL SHOPPING COMPLEX PUSHP VIHAR MADANGIR, NEW DELHI K7, 00000. The energy company can be reached via phone at 91-11-4940-9800.