RUN - Sunrun Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
16.93
+0.02 (+0.12%)
At close: 4:00PM EDT

16.93 0.00 (0.00%)
After hours: 4:08PM EDT

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Previous Close16.91
Open17.01
Bid16.50 x 900
Ask17.40 x 800
Day's Range16.79 - 17.44
52 Week Range8.80 - 17.44
Volume1,218,711
Avg. Volume1,122,314
Market Cap1.943B
Beta (3Y Monthly)1.13
PE Ratio (TTM)73.61
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Now Tesla Isn't Even Among Top Two Players in U.S. Rooftop Solar
    Bloombergyesterday

    Now Tesla Isn't Even Among Top Two Players in U.S. Rooftop Solar

    Tesla reported on Wednesday that it deployed just 47 megawatts in the first quarter, down from 73 megawatts a year earlier and the fewest the company has installed in a single quarter since it bought SolarCity Corp. in late 2016. Rivals Sunrun and Vivint Solar Inc. haven’t posted their latest earnings results yet, but they deployed 115 megawatts and 54 megawatts, respectively, in the fourth quarter.

  • First Solar (FSLR) to Post Q1 Earnings: Is a Beat in Store?
    Zacksyesterday

    First Solar (FSLR) to Post Q1 Earnings: Is a Beat in Store?

    First Solar (FSLR) starts production of the Series 6 modules in the fourth factory during the first quarter of 2019.

  • Sunrun Inc. (RUN) Shares March Higher, Can It Continue?
    Zacksyesterday

    Sunrun Inc. (RUN) Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in Sunrun Inc. (RUN).

  • Here's Why Sunrun (RUN) is a Great Momentum Stock to Buy
    Zacks2 days ago

    Here's Why Sunrun (RUN) is a Great Momentum Stock to Buy

    Does Sunrun (RUN) have what it takes to be a top stock pick for momentum investors? Let's find out.

  • Should Value Investors Buy Sunrun (RUN) Stock?
    Zacks6 days ago

    Should Value Investors Buy Sunrun (RUN) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Vivint Solar Stock Is Cheap, But It Carries Real Risks
    InvestorPlace7 days ago

    Vivint Solar Stock Is Cheap, But It Carries Real Risks

    For Vivint Solar (NASDAQ:VSLR), the bull case seems easy to make. VSLR stock isn't cheap on an earnings basis, but it's not supposed to be, at least not yet.Vivint Solar's residential installations will take time to bear fruit. However, management's estimate of future profits suggests that VSLR stock can rise meaningfully from its current share price of $5.45. Meanwhile, solar demand is only likely to rise going forward, suggesting VSLR should have substantive upside potential.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the bear case on Vivint Solar stock seems reasonably easy to make as well. Historically, the solar industry has been a black hole for investors. Plus, the company's costs are rising, and profitability appears a long way off. * 8 Best Stocks to Buy for an April Rally VSLR stock doesn't look like it's worth the risk. But investors more optimistic on solar might see things differently. Reasons to Buy VSLR StockThere are several reasons to strongly consider Vivint Solar stock. Near-term earnings don't look all that impressive: adjusted net loss per share in 2018 was $2.38, notably worse than 2017's $1.58. But those figures include huge losses attributable to non-controlling interests i.e., the funds investing in Vivint Solar's investment credits.After backing out those losses, VSLR is close to profitable. And analysts, on average, are expecting the company to become profitable within the next two years.But the long-term nature of Vivint Solar's contracts means the company is trading near-term profits (and cash flow) for out-year benefits. The company's measure of "net retained value per share" estimates the total value of existing assets, less debt. That figure continues to rise, climbing from $6.61 at the end of 2016 to a current $9.20.Investors should be somewhat skeptical about that figure. Companies generally will have a more positive view toward their own futures, after all. But even a discount from the $9-plus figure still suggests that VSLR stock is reasonably priced, if not cheap, around $5. Meanwhile, the net-retained-value figure should grow over time as solar demand continues, spurred in part by regulations in California and elsewhere.While VSLR's demand should rise, competition may not do the same. Vivint Solar remains behind Sunrun (NASDAQ:RUN) in terms of total installations. But it does seem like Tesla (NASDAQ:TSLA) unit SolarCity is fading as a competitor. Per Tesla's 10-K filings, SolarCity deployed 523 megawatts of solar energy generation in 2017, and just 326 MW last year. In contrast, Vivint's installations rose, showing notable strength in the second half of the year. The Case for VSLRThere's a lot to like about VSLR stock. The industry is growing. Market share gains could be on the way. SolarCity is scuffling, and Vivint has partnered with Home Depot (NYSE:HD), after Tesla walked away from its deal with the home-improvement retailer last year.VSLR's earnings should improve in the near-term. Debt might be a concern, with the long-term total at $1.2 billion. But Vivint has proven able to refinance by securitizing existing installations. This includes the largest ever such deal, which closed in June.So Vivint should be able to grow its business. It should be able to finance that business. The numbers can be confusing, owing to the different financing deals. Plus, there's the fact that 20-year leases may not be profitable for some time to come. Still, the numbers seem to work and, if solar growth accelerates, so too should Vivint Solar stock. The Risks Facing VSLR StockAt the same time, Vivint Solar stock seems like anything but a slam dunk. The solar sector has been around for a century. Despite this, the number of solar companies that have made consistent profits for investors seems close to zero. VSLR itself trades well below its highs from earlier this decade. It originally planned to sell itself to SunEdison, but canceled the deal; SunEdison headed into bankruptcy not long after.RUN did hit an all-time high earlier this year. Solar cell manufacturer First Solar (NASDAQ:FSLR) traded sideways in recent years. But overall, this has been a difficult sector, with tariffs and subsidies leading to pricing volatility. This dynamic created problems for manufacturers and installers alike.In that context, there's an obvious question as to whether Vivint Solar's model is just too tough. Its business is, and will remain, labor-intensive. Financing depends on investors' willingness to buy into securitizations at low interest rates.Interest rates have stayed low this decade, but they may not do so forever. Change the discount rate on future cash flows that VSLR uses to calculate net retained value per share from 6% to 8%. When you do that, the net retained value per share of VSLR stock drops to $6. That's a much lower margin of safety and suggests smaller potential gains from these shares.Low natural gas prices are an issue, as they affect energy rates and could potentially impact the pricing advantage of installed solar. Tesla's solar roof may not materialize any time soon, but other companies are looking to build similar models. Naturally, this could undercut the need for Vivint Solar's systems. Battery storage is another key potential growth catalyst for VSLR stock, but Vivint's partnership with Mercedes-Benz has fallen through, leaving the company potentially behind on that front. $5 Is Cheap, But VSLR's Road May Be Too ToughSince plunging after the SunEdison deal fell through, VSLR stock actually has been a reasonably good investment. It's possible that industry strength and continued retained-value growth will keep that trend intact.But there are an awful lot of obstacles in the company's path as well. VSLR can move quickly in either direction, based on external worries. New tariffs from China could spike the cost of solar panels, making the business model unprofitable, or close to it. Regulations can change. Subsidies can be added or withdrawn. There are myriad factors beyond Vivint Solar's control which can affect Vivint Solar stock.Investors who believe in solar and are willing to take on the risks of VSLR very well might see rewards. But the industry's track record and installation-space uncertainty make me believe that VSLR's road is a little too tough. At the end of the day, this is a low-margin and capital-intensive business. That's a difficult way to make money in any industry.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post Vivint Solar Stock Is Cheap, But It Carries Real Risks appeared first on InvestorPlace.

  • Amazon's 125,000-square-foot LoDo lease tops Denver Q1 deals as office availability tightens
    American City Business Journals10 days ago

    Amazon's 125,000-square-foot LoDo lease tops Denver Q1 deals as office availability tightens

    Even with a handful of construction projects underway, office space remains tight in downtown Denver.

  • Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day
    Zacks10 days ago

    Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day

    Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day

  • 3 Solar Stocks Worth Buying Ahead of This Earnings Season
    Zacks13 days ago

    3 Solar Stocks Worth Buying Ahead of This Earnings Season

    With a backlog of utility-scale projects and new policy incentives in key states, the outlook for solar jobs is expected to improve in 2019

  • Here's Why You Should Add Canadian Solar (CSIQ) to Portfolio
    Zacks13 days ago

    Here's Why You Should Add Canadian Solar (CSIQ) to Portfolio

    Expansion of global footprint is expected to boost Canadian Solar's (CSIQ) performance.

  • First Solar Stock: Analysts’ Recommendations
    Market Realist14 days ago

    First Solar Stock: Analysts’ Recommendations

    Why Did First Solar Stock Rise 8% on April 10?(Continued from Prior Part)First SolarLast year was particularly gloomy for solar stocks due to weak revenue growth, falling demand, and policy uncertainties. Despite a subdued performance in 2018,

  • Why Did First Solar Stock Rise 8% on April 10?
    Market Realist14 days ago

    Why Did First Solar Stock Rise 8% on April 10?

    Why Did First Solar Stock Rise 8% on April 10?Solar stocks keep the momentum First Solar (FSLR) stock rose more than 8% on April 10 and closed almost at its ten-month high. According to CNBC, Goldman Sachs added First Solar to its “Americas

  • If You Had Bought Sunrun (NASDAQ:RUN) Stock Three Years Ago, You Could Pocket A 118% Gain Today
    Simply Wall St.15 days ago

    If You Had Bought Sunrun (NASDAQ:RUN) Stock Three Years Ago, You Could Pocket A 118% Gain Today

    It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But if you buy shares in a really great company, you can more than double your money. For instance...

  • Enphase Energy to Receive Infineon's 600 V Power Transistors
    Zacks16 days ago

    Enphase Energy to Receive Infineon's 600 V Power Transistors

    Enphase Energy (ENPH) to use Infineon's power transistors for reliable and high-performance power switching in its microinverters.

  • American City Business Journals17 days ago

    See what the top executives under 40 at Bay Area companies earn, including at PayPal, Facebook, Box

    They're the forerunners of Facebook and the original PayPal mafia. Find out the earnings for the top executives under 40 at Bay Area companies.

  • The Zacks Analyst Blog Highlights: Sunworks, Enphase, Sunrun and Gevo
    Zacks21 days ago

    The Zacks Analyst Blog Highlights: Sunworks, Enphase, Sunrun and Gevo

    The Zacks Analyst Blog Highlights: Sunworks, Enphase, Sunrun and Gevo

  • U.S. Renewable Electricity Generation Nearly Doubles: 4 Picks
    Zacks22 days ago

    U.S. Renewable Electricity Generation Nearly Doubles: 4 Picks

    U.S. renewable technologies benefit from favorable state policies and declining costs. Corporate ventures also drive growth.

  • Solar Industry Outlook: Near-Term Prospects Encouraging
    Zacks28 days ago

    Solar Industry Outlook: Near-Term Prospects Encouraging

    Solar Industry Outlook: Near-Term Prospects Encouraging

  • Are Investors Undervaluing Sunrun (RUN) Right Now?
    Zacks29 days ago

    Are Investors Undervaluing Sunrun (RUN) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Reuterslast month

    Solar and wind firms call the 'Green New Deal' too extreme

    WASHINGTON/LOS ANGELES (Reuters) - U.S. solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic presidential candidates to end U.S. fossil fuel consumption within a decade. Representatives of America’s clean energy companies are withholding their support for the climate-fighting plan, calling it unrealistic and too politically divisive for an industry keen to grow in both red and blue states. It also underscores a new reality for U.S. solar and wind power companies long associated with the environmental left: As they have improved technology and lowered prices, their growth is shifting from politically liberal coastal states to the more conservative heartland, where scepticism of climate change and government subsidies runs high.

  • Price Targets: Solar Stocks’s Attractive Potential Gain
    Market Realistlast month

    Price Targets: Solar Stocks’s Attractive Potential Gain

    First Solar’s Indicators, Valuation, Price Targets, and More(Continued from Prior Part)Analyst price targets First Solar (FSLR) stock offers a healthy potential upside of ~18% going forward, compared to its current market price of $54.71. Wall

  • First Solar’s Must-Know Indicators and Short Interest
    Market Realistlast month

    First Solar’s Must-Know Indicators and Short Interest

    First Solar’s Indicators, Valuation, Price Targets, and More(Continued from Prior Part)Moving averages First Solar (FSLR) stock is currently trading at $54.71. The strength in the stock is underlined by its fair premium to both its key support