RUN - Sunrun Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
16.27
-0.24 (-1.45%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close16.51
Open16.49
Bid16.40 x 4000
Ask16.50 x 1800
Day's Range16.17 - 16.74
52 Week Range8.69 - 17.09
Volume866,777
Avg. Volume1,115,853
Market Cap1.853B
Beta (3Y Monthly)1.13
PE Ratio (TTM)70.74
EPS (TTM)0.23
Earnings DateMay 7, 2019 - May 13, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est18.56
Trade prices are not sourced from all markets
  • Should Value Investors Buy Sunrun (RUN) Stock?
    Zacksyesterday

    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
    InvestorPlace2 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.

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  • GlobeNewswire8 days ago

    Sunrun Announces Date and Conference Call Details for First Quarter 2019 Earnings Report

    SAN FRANCISCO, April 12, 2019 -- Sunrun (Nasdaq: RUN) today announced that it will issue its first quarter 2019 earnings report after the market closes Wednesday, May 8, 2019..

  • Here's Why You Should Add Canadian Solar (CSIQ) to Portfolio
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  • GlobeNewswire9 days ago

    Sunrun Applauds Puerto Rico Governor For Signing Historic 100% Clean Energy Bill Into Law

    Sunrun Inc. (RUN), the nation’s leading home solar, battery and energy services company, today applauded Puerto Rico Governor Ricardo Rosselló for his vision and enactment of the Puerto Rico Energy Public Policy Act, which establishes a 100% renewable energy target by the year 2050. “Governor Rosselló’s approval of this transformational clean energy law marks a historic day for all Puerto Ricans,” said Lynn Jurich, CEO and co-founder of Sunrun.

  • First Solar Stock: Analysts’ Recommendations
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  • If You Had Bought Sunrun (NASDAQ:RUN) Stock Three Years Ago, You Could Pocket A 118% Gain Today
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  • GlobeNewswire15 days ago

    Sunrun: Home Solar And Batteries Can Replace Retiring Gas-Fired Power Plants In Los Angeles

    Local clean energy from home solar and batteries can replace retiring gas-fired power plants in Los Angeles, according to a new analysis released today by Sunrun Inc. (RUN), the nation’s leading home solar, battery storage and energy services company. The analysis comes just weeks after Los Angeles Mayor Eric Garcetti and the Los Angeles municipal electric utility, Los Angeles Department of Water and Power (LADWP), announced the decision to retire three major gas plants in the Los Angeles area over the next decade.

  • The Zacks Analyst Blog Highlights: Sunworks, Enphase, Sunrun and Gevo
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  • U.S. Renewable Electricity Generation Nearly Doubles: 4 Picks
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  • Solar Industry Outlook: Near-Term Prospects Encouraging
    Zacks23 days ago

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  • Are Investors Undervaluing Sunrun (RUN) Right Now?
    Zacks24 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.

  • GlobeNewswire26 days ago

    Sunrun CEO Issues Call To Energy Industry: Innovate and Decarbonize

    Speaking at the BNEF Summit in New York City, Sunrun’s Chief Executive, Lynn Jurich, today called upon energy industry leaders to take bold action to rapidly decarbonize the electric system, empower people to generate clean energy, and quickly scale deployment of local renewable technologies. “Our current energy system was built more than 100 years ago and was not designed for today's energy consumers, technology or climate,” said Lynn Jurich, co-founder and Chief Executive Officer at Sunrun.

  • GlobeNewswire26 days ago

    Factors of Influence in 2019, Key Indicators and Opportunity within MGM Resorts International, Sunrun, TransUnion, Ameriprise Financial, Herman Miller, and Easterly Government Properties — New Research Emphasizes Economic Growth

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  • Reuterslast month

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    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.

  • GlobeNewswirelast month

    Sunrun Illustrates Potential for Home Solar and Batteries as Wildfire Mitigation Solution

    Ahead of this week’s Wildfire Technology Innovation Summit in Sacramento, Sunrun Inc. (RUN), the nation’s leading home solar, battery and energy services company, today issued a new technical analysis describing the role that distributed energy resources, such as home solar and batteries, can play in providing reliable electricity and reducing the threat of wildfire in California and other wildfire-prone areas. Sunrun’s analysis illustrates the risks of transmitting electricity over long stretches of power lines, and the potential for distributed energy to mitigate these risks while providing safe and reliable electricity.

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

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

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    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