RUN - Sunrun Inc.
17.22 0.00 (0.00%)
After hours: 4:29PM EDT
| Previous Close | 17.21 |
| Open | 17.16 |
| Bid | 17.20 x 1800 |
| Ask | 17.21 x 4000 |
| Day's Range | 17.00 - 17.37 |
| 52 Week Range | 8.81 - 21.42 |
| Volume | 811,659 |
| Avg. Volume | 1,880,846 |
| Market Cap | 2.025B |
| 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 |
- Zacks
JKS vs. RUN: Which Stock Should Value Investors Buy Now?
JKS vs. RUN: Which Stock Is the Better Value Option?
- 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
- Bloomberg
Californians Learning That Solar Panels Don't Work in Blackouts
(Bloomberg) -- Californians have embraced rooftop solar panels more than anyone in the U.S., but many are learning the hard way the systems won’t keep the lights on during blackouts.That’s because most panels are designed to supply power to the grid -- not directly to houses. During the heat of the day, solar systems can crank out more juice than a home can handle. Conversely, they don’t produce power at all at night. So systems are tied into the grid, and the vast majority aren’t working this week as PG&E Corp. cuts power to much of Northern California to prevent wildfires.The only way for most solar panels to work during a blackout is pairing them with batteries. That market is just starting to take off. Sunrun Inc., the largest U.S. rooftop solar company, said some of its customers are making it through the blackouts with batteries, but it’s a tiny group -- countable in the hundreds.“It’s the perfect combination for getting through these shutdowns,” Sunrun Chairman Ed Fenster said in an interview. He expects battery sales to boom in the wake of the outages.And no, trying to run appliances off the power in a Tesla Inc. electric car won’t work, at least without special equipment.To contact the reporter on this story: Christopher Martin in New York at cmartin11@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Joe Ryan, Reg GaleFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- 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...
- GlobeNewswire
Citadel Roofing & Solar and Sunrun Partner to Bring Solar and Roofing Solutions to California’s New Homebuyers
Citadel Roofing & Solar, one of California’s largest and most experienced roofing and solar installers, today announced its partnership with Sunrun (RUN), the nation’s leading home solar, battery storage, and energy services company, to offer Sunrun’s solar-as-a-service and solar purchase products to California homebuilders and their homebuyers for as little as zero upfront cost. With this agreement, Citadel will be able to offer fully warrantied roofing, solar, and battery storage systems combined with Sunrun’s solar service and purchase options across the state.
- 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.
- Zacks
JKS or RUN: Which Is the Better Value Stock Right Now?
JKS vs. RUN: Which Stock Is the Better Value Option?
- 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.
- 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.
- 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.
