RUN - Sunrun Inc.
| Previous Close | 15.83 |
| Open | 15.90 |
| Bid | 15.85 x 3000 |
| Ask | 16.49 x 3200 |
| Day's Range | 15.76 - 16.14 |
| 52 Week Range | 8.81 - 21.42 |
| Volume | 1,305,317 |
| Avg. Volume | 2,015,212 |
| Market Cap | 1.877B |
| Beta (3Y Monthly) | 1.44 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.21 |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 22.40 |
- 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.
- GuruFocus.com
Largest Insider Trades of the Week
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- GuruFocus.com
Chase Coleman's Top 5 Holdings
Fund’s top holdings include Microsoft, Facebook and Chinese retailer Continue reading...
- GlobeNewswire
Sunrun To Help Power Hawaii With Rooftop Solar and Battery Network
Sunrun Inc. (RUN), the nation’s leading home solar, battery storage and energy services company, will participate in Hawaiian Electric Company’s emerging grid services market by delivering electricity from home solar and batteries to the utility as part of an innovative Grid Services Purchase Agreement with Open Access Technology International, Inc. (OATI), the largest provider of software-as-a-service for grid operations in North America. By sending bundled clean energy stored in Sunrun Brightbox home battery systems to the electricity grid on O’ahu, Sunrun and OATI will form one of the largest residential “virtual power plants” in the world and help power Hawaii’s most populated island with clean, distributed energy.
- Schaeffer's Investment Research
Solar Stock Could Bounce From Trendline Support
A long-term trendline could prove pivotal for RUN traders
- Market Realist
How Solar Stocks Played Out in August
Trade war intensified in August and that took a toll on the broader markets. However, solar stocks were largely positive and hint at future demand.
- GlobeNewswire
Sunrun Brings Brightbox Home Solar Batteries, Virtual Power Plant To Vermont
With families across the country enduring a rising number of power outages, the nation’s leading residential solar, battery storage, and energy services company, Sunrun Inc. (RUN), today announced it is bringing its Brightbox home solar and battery service to customers in Vermont.
- Benzinga
Notable Insider Buys In The Past Week: Sunrun, W.R. Grace
Insider buying can be an encouraging signal for potential investors. A couple of beneficial owners increased their stakes last week. One of these companies also recently saw its CEO buying shares. Conventional ...
- GuruFocus.com
Insiders Roundup: Facebook, Avalara
Largest insider trades of the week Continue reading...
- GuruFocus.com
Walmart Takes Tesla to Court Over Faulty Solar Panels
The retail giant claims negligence by the electric car and new energy company resulted in multiple fires Continue reading...
- InvestorPlace
Tesla Stock Needs to Start Trading Like a Car Stock
Tesla (NASDAQ:TSLA) is finally a real car company. And Tesla stock will be in trouble until it starts trading like it.Source: Ivan Marc / Shutterstock.com Tesla delivered 95,356 cars during the second quarter and expects to deliver 400,000 for the year. Right now, TSLA has 15% of the U.S. luxury car market. Once its Shanghai factory ramps up, production will rise another 150,000 per year.When all this was a glint in Elon Musk's eye, five years ago, Tesla shares sold for $259 each. They open August 21 at $225.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Undervalued Stocks With Breakout Potential Tesla stock is finally being valued as a real car company. Even profitable car companies like General Motors (NYSE:GM), are worth just a small percentage of their sales. Tesla is still valued at twice its 2018 revenue.The result has been a great year for Tesla stock shorts. At the end of July almost 40 million Tesla shares were being borrowed and sold short. Tesla has 172 million shares outstanding. Tesla's Solar FailFor investors, Tesla is strictly a car company. Total revenue from its batteries and solar panels represent just 7% of revenue. The batteries are doing great, especially as back-up power for commercial utilities. The solar panels are doing horribly.Tesla paid $2.6 billion to get into this business in 2016, buying SolarCity -- from his cousins. At the time, SolarCity was the U.S. leader in residential solar. Now it's fourth, behind Sunrun (NASDAQ:RUN), Vivint Solar (NASDAQ:VLSR) and SunPower (NASDAQ:SPWR).Tesla is trying to juice up its market share with a rental program, starting at $50 per month for a 3.8 Mw system. The program is being offered in six states. It may do well in Connecticut, where electricity costs $23.35 per megawatt hour. It may do poorly in New Mexico where the cost is $12.21 per megawatt hour.There are also "gotchas" that make this look more like an old-fashioned solar lease than a true rental, like a $1,500 charge to remove the panels. The quality may also be suspicious. Walmart (NYSE:WMT) is suing Tesla because panels on 7 of its stores caught fire. It wants Tesla to remove panels from 240 stores and pay damages. Tesla stock's Remaining BullsThere remain Tesla bulls, like investor Ron Baron. He says 90 million cars are sold each year, meaning there's still a huge addressable market. He says Tesla's production costs are declining, and other carmakers are still slow-walking the move to electrics.In markets that love Tesla, people really love Tesla. The Tesla Model 3 now has 46% of the near-luxury car market in California. In Norway Tesla has 70% of the electric market and diesel vehicle sales are down 95%. Tesla's "secret master plan" from 2009 is working. Money from the high-end Tesla Roadster has gone into mass production of less-expensive models with a larger market. A pick-up truck and semi-trailer are on the way. People can, in theory, power their homes with Tesla solar cells and batteries.But Tesla is still bleeding cash. Even after cutting its research and capital spending to industry norms, it lost $167 million on operations in the second quarter, a net loss under GAAP of $2.31 per share. It needs to increase that research budget to bring out promised new models, and it needs to increase capital spending to scale production. The Bottom Line for TeslaTesla is changing the world but, like those solar companies mentioned earlier, it's not making a ton of money while doing it.Tesla may turn a small profit later this year because it has cut spending and is ramping up production. But it will be a small profit. To justify its $40.4 billion market cap, it must at some point make a large profit. * The 10 Best Marijuana Stocks to Buy Now It's nowhere near that, which is why the bears and shorts are having their day with it. At this point, Tesla stock would be better off trading like a car stock.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Tesla Stock Needs to Start Trading Like a Car Stock appeared first on InvestorPlace.
- Benzinga
KeyBanc Initiates Bullish Coverage Of Residential Solar Stocks
Solar stocks have been hot in 2019, but one analyst said Tuesday three residential solar stocks may soon be burning even brighter. The Analyst KeyBanc analyst Sophie Karp initiated residential solar coverage ...
- Simply Wall St.
Is Sunrun Inc.'s (NASDAQ:RUN) CEO Salary Justified?
In 2014 Lynn Jurich was appointed CEO of Sunrun Inc. (NASDAQ:RUN). This report will, first, examine the CEO...
- Barrons.com
Sunnova Stock Is Falling, but Other Solar Shares Are Rising on Analysts’ Optimism
Some residential-solar stocks rose Tuesday amid a boost in analyst optimism about the sector’s prospects.
- TheStreet.com
KeyBanc Upgrades Residential Solar Companies on Growth Prospects
Recent weakness in residential solar stocks creates 'an attractive entry point,' KeyBanc analyst says
- GuruFocus.com
Zuckerberg Sells Shares of Facebook
Largest insider trades of the past week Continue reading...
- InvestorPlace
The Sun Is Shining on These 3 Solar Stocks
After several years' worth of cloudy skies, solar stocks may finally be finding their place in the sun. We have finally hit the inflection point with regards to solar installations and technology. In many areas, costs for solar -- without subsidies -- are now on par with other more traditional energy means. As a result, renewables are quickly gaining on market share from fossil fuels.According to the International Energy Agency (IEA), investments in renewable energy sources grew 55% from 2010 to 2018. More importantly, the agency predicts that 65% of all global energy spending will come from renewables like solar by 2030.For solar stocks, this is great news. No wonder why the Invesco Solar ETF (NYSEARCA:TAN) is up nearly 60% year to date.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Dividend Stocks to Load Up On The long-term is very bright for solar stocks as well. With more money allocated towards renewables, the sector is finally poised to be a real moneymaker for investors. And there's still plenty of time to cash in on the biggest trends out there. For investors, the time to add solar stocks is now.With that, the sun is shinning for these three solar stocks today. Solar Stocks to Buy: First Solar, Inc. (FSLR)If you're going buy a single solar stock, it has to be kingpin First Solar (NASDAQ:FSLR). The firm has been at the forefront of several key shifts in the industry that continues to this day.FSLR started out as a maker of very efficient solar panels with some of the highest rates of sun-to-energy conversion around. This advanced technology served it well with many utility-scale solar producers.When the glut of cheaply-made Chinese panels hit the market a few years ago, FSLR switched gears into being a producer of full-scale solar plants for utilities. The firm has managed to see plenty of rising revenues from key utility customers.During the last reported quarter, FSLR managed to see its revenues jump 89% as the solar firm was able to see a great combination of rising production and growing bookings from utilities. First Solar's new Series 6 panel -- which promises high efficiency coupled with low costs -- surged, while new bookings pushed FSLR's backlog to 12.9 GW.The strong first half of the year performance, as well as continued demand from utility and residential customers, has allowed FSLR to boost its already impressive guidance for the rest of the year. The firm now expects to pull as much as $3.7 billion in revenues and EPS near $2.75 on the high end.Adding in its strong balance sheet to its key leadership position, FSLR is one of the best solar stocks to buy for the long haul. Sunrun (NASDAQ:RUN)To win in solar, it takes plenty of scale. This is especially true when it comes to residential solar installers. Putting solar panels on the roofs of consumers is a relatively low-margined business. It takes scale to clip small revenues from each one. Luckily for Sunrun (NASDAQ:RUN) it's building that scale in a big way.RUN is now the largest residential solar installer serving more than 255,000 customers and employing more than 1,700 MW worth capacity. Because of this surge in customers and installed wattage, RUN's revenues have sacked upped. Over the last three years, the firm's sales have surged by over 108%.Here's where it gets interesting for RUN. One of the problems for many residential customers is that they often don't have the cash up-front to pay for new systems. In this, Sunrun will often lease the systems to consumers. In that regard, RUN actually owns the panels on your roof. In order to make that happen, RUN needs to take out financing.If that sounds familiar, that's exactly what Tesla's (NASDAQ:TSLA) SolarCity did. But unlike TSLA -- which is having troubles -- RUN is actually seeing sales rise in a big way that's allowing to service its debts with ease. * 15 Growth Stocks to Buy for the Long Haul While it's a riskier solar stock play, RUN makes an interesting addition to a portfolio to play the rise in residential solar installations. SolarEdge (SEDG)Israel is often ignored by investors, which is a real shame. The nation has long-been a technology and healthcare powerhouse that extends into the solar sector, with SolarEdge (NASDAQ:SEDG) being a top solar stock to buy. The key is in its products.Source: Shutterstock SEDG doesn't make panels -- which can be fraught with wild price swings. What it does do is make various components needed to make solar power work. Solar panels produce direct current (DC) electricity. However, the grid and household devices use alternating current (AC) electricity. In order to get energy from a solar panel, you need to use a device called an inverter. It's here that SolarEdge shines.The firm's inverter products not only convert energy from DC to AC, but also optimize power output from panels and boost efficiency. This allows installers and consumers to get a bit more from their installations. You get a product you need that is better than the standard.Customers love it. SolarEdge reported record revenues in its last quarter -- growing more than 20%. This follows its streak of record results. Meanwhile, this niche of providing needed components has allowed SEDG to be profitable as well -- a rarity among the solar names.The best part is that SEDG has the potential to keep the growth going. Aside from solar, the firm has moved into providing renewable energy storage products as well as other inverter items for wind energy. Using the same model for solar, SolarEdge is poised to win here as well.At the time of writing, Aaron Levitt did not have a position in any of the stocks mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post The Sun Is Shining on These 3 Solar Stocks appeared first on InvestorPlace.
- Market Realist
Which Solar Stocks Offer Handsome Upside Potential?
Solar stocks have been on an impressive run this year. So far, Enphase Energy (ENPH) stock has risen more than 530% in 2019.
- Motley Fool
Residential Solar Installers Face a Rocky Future
Solar installations are strong, but there are troubling cost trends for some companies.
- InvestorPlace
Solar Struggles Make Tesla Stock a Risky Choice
Hop into the time machine with me and travel back about five years. At that time, SolarCity was the residential and small-commercial solar installer. The firm continued to rack up plenty of clients and was seen as the next big thing. Unfortunately, thanks to the constant need for funding, rising debt costs and new competition, SolarCity ran into some serious issues. Racing towards insolvency, the solar firm received a big buyout from Elon Musk and Tesla (NASDAQ:TSLA) stock. And in the years since the 2016 rescue plan, investors have sort of forgotten about SolarCity and Tesla's solar operations. Heck, Tesla management didn't even mention "solar" on its last conference call.Source: Shutterstock But thanks to a series of tweets from Musk, TSLA and its solar plans are once back into the spotlight.Don't be fooled. TSLA stock and its assets picked up from SolarCity are a disaster and they continue to be a huge drain on the firm. The reality is, the buyout of SolarCity was simply a bailout -- and one that won't bear any fruit for investors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips TSLA Struggles in SolarSolarCity was supposed to be a jewel in Musk's crown. The idea was that Tesla would transform itself into a total green-energy company -- supplying vehicles, solar panels and battery storage solutions to take consumers off the ground and away from fossil fuels. On the surface, that was a great plan. When TSLA picked up SolarCity (which had Musk as its chairman) back in 2016 for $2.6 billion, the firm was the top solar installer. At its peak, SolarCity was installing more than 200 megawatts worth of solar panels per quarter. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates And then the clouds came.Thanks to its constant need for creative funding to get those panels into consumers' hands, rising competition from smaller installers like Sunrun (NASDAQ:RUN) and Vivint Solar (NYSE:VSLR), as well as dwindling subsidies for solar panels, SolarCity hit hard times. Under the TSLA umbrella, the clouds have only gotten thicker. These days, SolarCity and Tesla's solar ambitions seem to be running on life support -- with newly installed wattage dropping like a stone.During its last reported quarter, Tesla installed just 29 megawatts worth of solar panels. That's lower than the 47 megawatts it installed during the first quarter of the year and lower than the 73 megawatts installed during the fourth quarter of 2018. Looking out further, that's a 65% drop year-over-year and nearly 90% plunge from its all-time quarterly installation record of 258 megawatts.To make matters worse, Tesla stock has seen its solar installations drop while rivals have actually seen steady numbers or even increases to installed capacity. Taking a look at rivals, RUN managed to install more than 86 megawatts last reported quarter and SunPower (NASDAQ:SPWR) added 52 megawatts worth a capacity. Tesla Tries to Reignite SolarWhat really stinks is that TSLA has been trying hard to save the business. Tesla cut its prices down to just $2 per watt after accounting for tax benefits. It fired its door-to-door and store-based sales staff and moved to a strictly online model. It also ended its agreement with Home Depot (NYSE:HD) to market panels. And speaking of those panels, Tesla now offers basic and standardized systems. Those solar roof tiles that Musk promised right after snagging SolarCity have failed to come to fruition.Meanwhile, Musk is doing what he does best -- acting like P.T. Barnum and throwing out hope.After management basically forgot to mention solar on their last conference call, Musk sent out a series of tweets talking about ramping up production. Tesla hopes to turn out about 1,000 solar roofs per week by the end of this year. For TSLA stock bulls, this was great news. The once-mighty solar stock was coming back.And yet, analysts peg that production as impossible given the low adoption rate so far and the fact that it hasn't even completed its Gigafactory 2 in Buffalo yet. That plant was specifically designed for its solar roof project. So far, despite being around for nearly three years or so and collecting numerous customer deposits, Greentech Media reports that TSLA has connected just a dozen solar-integrated roofs to the grid. Debt Is the Real IssueThe original idea behind the acquisition of SolarCity was that the integration of solar assets would help spur its storage and vehicle sales. By offering an all-in-one package, Tesla would be a total green energy firm. Unfortunately, that bill of goods hasn't happened, as evident by still-declining solar sales.However, TSLA did get something for its troubles -- a ton of debt.SolarCity's business model basically ran on debt in order to make it work. That pumped it full of various convertible bonds, solar bonds, senior loans and other asset-backed securities. That huge debt burden was one of the main reasons why TSLA swallowed the firm in the first place. Today, that legacy debt from SolarCity makes up around one-third of Tesla's overall debt outstanding. Moreover, that debt continues to weaken the electric vehicle manufacturer's position.While in recent quarters the growth in its auto operations have lessened the impact of the solar debt, Tesla still needs to raise money to finance expansion on the vehicle side. With such a huge noose around its neck, that could become complicated. During the spring, S&P Global Ratings highlighted this fact and put Tesla on a negative credit watch -- highlighting SolarCity's impact on the firm's credit situation. TSLA Stock Is Still a Risky PlayWhen Tesla first bought SolarCity, I was skeptical of adding the solar firm's operations into the vehicle makers umbrella. Turns out that might have been the right call. Deterioration of those assets have only quickened pace, while the debt has continued to harm TSLA's position.In the end, Musk and Tesla's recent moves to hype the solar business most likely won't bear serious fruit and should follow the pattern of over-promising and under-delivering. Solar is a rock around the firm's neck and should continue to be so. TSLA stock remains a risky trade and nothing more.As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Large-Cap Stocks to Sell Right Now * 7 Stocks Under $7 to Invest in Now * 7 Marijuana Stocks With Critical Levels to Watch The post Solar Struggles Make Tesla Stock a Risky Choice appeared first on InvestorPlace.
- Thomson Reuters StreetEvents
Edited Transcript of RUN earnings conference call or presentation 7-Aug-19 9:00pm GMT
Q2 2019 Sunrun Inc Earnings Call
- Zacks
CSIQ vs. RUN: Which Stock Should Value Investors Buy Now?
CSIQ vs. RUN: Which Stock Is the Better Value Option?
Motley FoolSunrun (RUN) Q2 2019 Earnings Call Transcript
RUN earnings call for the period ending June 30, 2019.
