RUN - Sunrun Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
13.62
+0.41 (+3.10%)
At close: 4:00PM EST
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Previous Close13.21
Open13.32
Bid13.62 x 900
Ask13.80 x 3200
Day's Range13.26 - 13.62
52 Week Range8.81 - 21.42
Volume1,552,756
Avg. Volume1,697,031
Market Cap1.658B
Beta (3Y Monthly)0.68
PE Ratio (TTM)209.54
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GuruFocus.com

    How to Trade the 2020 Election, Pt. 2

    Morgan Stanley weighs in on what to do in the event of a 'Blue Wave' or a 'Red Redux' Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of RUN earnings conference call or presentation 12-Nov-19 10:00pm GMT

    Q3 2019 Sunrun Inc Earnings Call

  • Enphase Inks Deal With Sunrun to Supply IQ7 Microinverters
    Zacks

    Enphase Inks Deal With Sunrun to Supply IQ7 Microinverters

    Enphase Energy (ENPH) signs a strategic supply deal with Sunrun for supplying its IQ7 microinverters to the later. The microinverters will get installed in Sunrun's residential solar projects.

  • Sunrun struggles to hire fast enough to keep up with solar energy's growth
    American City Business Journals

    Sunrun struggles to hire fast enough to keep up with solar energy's growth

    The company has added hundreds of jobs in Denver since 2016, but solar's growth has been faster.

  • Barrons.com

    Sunrun Stock Is Falling as Hiring Trouble Hurts Growth

    (RUN) stock was down 8% Wednesday afternoon after the company said it is having trouble hiring enough people to sell and install solar panels, leading to lower than expected growth in its customer base. Sunrun (ticker: RUN), the largest residential solar deployer in the U.S., surpassed analysts’ expectations for earnings per share for the quarter, posting 23 cents versus the expected 8 cents. SunRun added 11,400 customers who lease panels from the company in the quarter.

  • Sunrun (RUN) Q3 Earnings Miss Estimates, Revenues Up Y/Y
    Zacks

    Sunrun (RUN) Q3 Earnings Miss Estimates, Revenues Up Y/Y

    Sunrun's (RUN) operating expenses rise 20.7% year over year to $275.9 million in the third quarter on escalated costs of customer agreements and incentives, among other factors.

  • There May Be a Hole in California’s Looming Rooftop Solar Rule
    Bloomberg

    There May Be a Hole in California’s Looming Rooftop Solar Rule

    (Bloomberg) -- A proposal by a single utility threatens to upend California’s sweeping mandate requiring solar panels on almost every new home.The Sacramento Municipal Utility District is asking state regulators to allow its customers to get power from solar farms instead of installing their own panels, saying they should have a choice. Rooftop solar installers are meanwhile warning that this would undercut California’s clean-energy goals.The utility’s proposal, which California energy regulators are expected to vote on Wednesday, would be a big win for home builders -- who’ve warned that the state’s solar mandate will drive up housing costs -- and would deal a major blow to Sunrun Inc., Vivint Solar Inc. and other panel installers that were betting on the rule for a surge in sales. The plan also threatens to undermine a movement to make rooftop panels mainstream and has broader implications for lawmakers elsewhere who were looking to follow California’s lead.“If this proposal goes through, we should expect to see other utilities follow,” said Benjamin Davis of the California Solar & Storage Association, which represents panel installers. “This is just essentially a loophole.”The California Energy Commission member who spearheaded the state’s solar mandate, Andrew McAllister, said its intention was to power more homes with clean energy -- regardless of whether it’s from rooftop panels or solar farms.“This is all additional, so it’s all good,” McAllister said in an interview. “I think the either-or approach is kind of a red herring.”The mandate was unprecedented when enacted last year as part of former-Governor Jerry Brown’s effort to slash California’s carbon emissions. It required most new homes built starting in 2020 to include solar systems. Builders and others warned it would drive up the cost of buying a house by almost $10,000.Read More: California Becomes First State to Order Solar on New HomesThe rule includes a provision that allows utilities and others to propose programs for homeowners to forgo rooftop panels and instead get power from “community solar” farms, which are generally smaller installations close to customers they serve. Critics argue the Sacramento utility’s proposal shouldn’t be considered “community solar” because the power plants are too far away or too large.About CompetitionPanel installers contend rooftop systems have advantages over solar farms because they’re more likely to spur homeowners to install batteries and don’t require significant upgrades to the grid. That includes building transmission lines, which have been blamed for sparking deadly wildfires in California.Sunrun, based in San Francisco, said the proposal to allow homeowners to choose is a “substantial step backward for clean energy in California.” The company’s chief executive officer, Lynn Jurich, said the plan is really about “competition, where utilities are wanting to sell more power directly” and said the argument that this is about customer choice doesn’t “hold water.”“It’s really out of touch with what’s happening in the world,” she said in an interview Tuesday. Sacramento’s utility, known as SMUD, serves 1.5 million customers and is the first in the state to propose the idea. “I have no doubts that this is in compliance,” said Tim Tutt, SMUD’s program manager for state and regulatory affairs. “We made very sure about that.”\--With assistance from Brian Eckhouse.To contact the reporter on this story: Nic Querolo in New York at jquerolo1@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Joe Ryan, Brian EckhouseFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Solar Stocks to Watch for Q3 Earnings on Nov 12: CSIQ & RUN
    Zacks

    Solar Stocks to Watch for Q3 Earnings on Nov 12: CSIQ & RUN

    Solar Industry stocks continue to benefit from increasing domestic usage and improving global shipments.

  • Sunrun (RUN) to Report Q3 Earnings: What's in the Cards?
    Zacks

    Sunrun (RUN) to Report Q3 Earnings: What's in the Cards?

    Sunrun's (RUN) increasing megawatt deployment and installation of the Brightbox battery systems might have boosted overall Q3 performance.

  • JKS or RUN: Which Is the Better Value Stock Right Now?
    Zacks

    JKS or RUN: Which Is the Better Value Stock Right Now?

    JKS vs. RUN: Which Stock Is the Better Value Option?

  • Were Hedge Funds Right About Flocking Into Sunrun Inc (RUN) ?
    Insider Monkey

    Were Hedge Funds Right About Flocking Into Sunrun Inc (RUN) ?

    While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […]

  • Benzinga

    Analyst: Dim Outlook For Solar Sector In 2020

    Longi Solar, a manufacturer of monocrystalline solar cells and modules, reported third-quarter results last week that did not meet expectations. The China-traded company traded lower, as preliminary earnings were 10% below the consensus estimate at the midpoint, according to GLJ Research. "In short, based on our checks this morning in China, we believe weaker-than-expected module shipments are likely the reason for Longi's (large) 3Q19 earnings miss," GLJ Research's Gordon Johnson said in an Oct. 16 note.

  • Nation’s biggest residential solar firm lights up Denver 'HQ2,' celebrates adding hundreds of jobs
    American City Business Journals

    Nation’s biggest residential solar firm lights up Denver 'HQ2,' celebrates adding hundreds of jobs

    Sunrun, the nation’s biggest residential solar business, opened new offices filling four floors of a downtown Denver skyscraper on Monday, declaring it the company’s second headquarters. Dozens of the more than 700 employees who work at the Sunrun Inc. (Nasdaq: RUN) offices gathered for a formal ribbon cutting with Gov. Jared Polis and cheered at the announcement that the San Francisco-based company now has nearly twice as many employees in Denver as it does at its home base. “As a growing business, we can’t do everything in San Francisco,” chuckled Ed Fenster, co-founder and board chairman of Sunrun, in an interview before the celebration in the Johns Manville Plaza outside.

  • How Is First Solar Stock Placed ahead of Its Q3 Earnings?
    Market Realist

    How Is First Solar Stock Placed ahead of Its Q3 Earnings?

    Solar panel maker First Solar (FSLR) plans to report its Q3 earnings on October 24. Analysts expect the company to report earnings per share of $1.19.

  • JKS vs. RUN: Which Stock Should Value Investors Buy Now?
    Zacks

    JKS vs. RUN: Which Stock Should Value Investors Buy Now?

    JKS vs. RUN: Which Stock Is the Better Value Option?

  • Insiders Roundup: Facebook, American Defense Systems
    GuruFocus.com

    Insiders Roundup: Facebook, American Defense Systems

    Largest insider trades of the week Continue reading...

  • TheStreet.com

    Sunrun Shares Surge in Aftermath of California Blackouts

    California power cuts have customers looking more closely at solar with storage as a backup solution, analysts say

  • Is Sunrun (NASDAQ:RUN) Using Too Much Debt?
    Simply Wall St.

    Is Sunrun (NASDAQ:RUN) Using Too Much Debt?

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • Barrons.com

    Beacon Roofing, Sunrun, Marchex and Other 13D Filings

    Velan Capital and LTE Partners disclosed jointly on Sept. 19 that they added 658,061 shares to their stake in the cancer-focused biopharmaceutical at prices of $4.39 to $4.99 each from Sept. 3 to Sept. 9. The investors now hold a total of 10,161,733 shares, equal to about 11.5% of Progenics’ outstanding stock.

  • Why First Solar Stock Could Continue to Climb
    Market Realist

    Why First Solar Stock Could Continue to Climb

    Top solar stock First Solar (FSLR) has surged about 10% in September. FSLR is trading close to its 52-week high and might continue to march upward.

  • Largest Insider Trades of the Week
    GuruFocus.com

    Largest Insider Trades of the Week

    Insiders pile on shares of Kraft Heinz, shed Overstock Continue reading...

  • Benzinga

    Notable Insider Buys In The Past Week: Coty And Sunrun

    A solar provider and a beauty products giant saw notable insider buying this past week. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Sunrun Inc (NASDAQ: RUN) saw 10% owner Tiger Global Management acquiring additional shares.

  • Barrons.com

    First United, Sunrun and Other 13D Filings

    Driver Management revealed on Sept. 5 that it holds 360,637 shares of the community bank, equal to nearly 5.1% of the outstanding stock. Driver continued that First United “lacks scale to justify an elevated expense base” and possess a branch network that has been unable to “create sufficient operating leverage due to lackluster organic loan growth.” Driver recommends that a sale to a larger peer would be the best route to enhance shareholder value. It believes that such a move would “unlock the value of [First United’s] high-quality deposit franchise and attractive trust and wealth management businesses,” and also lift shareholder value without the “risk and uncertainty” of First United attempting to scale-up its business on its own.