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) released its earnings results on Monday, June, 19th. The energy company reported ($0.20) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.16. The energy company earned $20.32 million during the quarter, compared to analyst estimates of $21.50 million. Azure Power had a negative net margin of 19.14% and a negative return on equity of 10.40%. 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 equities research analysts have issued 12 month target prices for Azure Power's shares. Their forecasts range from $22.00 to $22.00. On average, they expect Azure Power's share price to reach $22.00 in the next year. 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 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 served as the underwriters for the IPO and Roth Capital Partners was co-manager.

Media stories about AZRE stock have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Azure Power earned a daily sentiment score of 0.21 on Accern's scale. They also assigned media headlines about the energy company an impact score of 46.01 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Azure Power's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 bought 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 $15.16.

Azure Power has a market capitalization of $396.27 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.