TERP - TerraForm Power, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
15.66
-0.09 (-0.54%)
As of 10:00AM EST. Market open.
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Previous Close15.74
Open15.81
Bid15.72 x 3000
Ask15.73 x 1000
Day's Range15.63 - 15.85
52 Week Range10.33 - 18.48
Volume66,463
Avg. Volume1,096,669
Market Cap3.602B
Beta (3Y Monthly)0.66
PE Ratio (TTM)N/A
EPS (TTM)-0.40
Earnings DateNov 11, 2019
Forward Dividend & Yield0.81 (5.31%)
Ex-Dividend Date2019-11-29
1y Target Est16.38
  • Thomson Reuters StreetEvents

    Edited Transcript of TERP earnings conference call or presentation 12-Nov-19 2:00pm GMT

    Q3 2019 TerraForm Power Inc Earnings Call

  • GlobeNewswire

    TerraForm Power Reports Third Quarter 2019 Results

    NEW YORK, Nov. 11, 2019 -- TerraForm Power, Inc. (Nasdaq: TERP) (“TerraForm Power”) today reported financial results for the quarter ended September 30, 2019. Recent.

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    Earnings Reports for the Week of Nov. 11-15 (DHI, NVDA, WMT)

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  • Moody's

    TerraForm Power Operating LLC -- Moody's announces completion of a periodic review of ratings of TerraForm Power Operating LLC

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TerraForm Power Operating LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Is TerraForm Power (TERP) Stock Outpacing Its Utilities Peers This Year?
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    Is TerraForm Power (TERP) Stock Outpacing Its Utilities Peers This Year?

    Is (TERP) Outperforming Other Utilities Stocks This Year?

  • GlobeNewswire

    TerraForm Power 2019 Third Quarter Results Webcast and Conference Call

    Date: Tuesday, November 12, 2019Time: 9:00 a.m. (Eastern Time) NEW YORK, Nov. 06, 2019 -- You are invited to participate in TerraForm Power's (Nasdaq: TERP) 2019 Third.

  • Did Hedge Funds Drop The Ball On TerraForm Power Inc (TERP) ?
    Insider Monkey

    Did Hedge Funds Drop The Ball On TerraForm Power Inc (TERP) ?

    Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]

  • If You Had Bought TerraForm Power (NASDAQ:TERP) Stock A Year Ago, You Could Pocket A 48% Gain Today
    Simply Wall St.

    If You Had Bought TerraForm Power (NASDAQ:TERP) Stock A Year Ago, You Could Pocket A 48% Gain Today

    These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors...

  • Benzinga

    Notable Insider Buys In The Past Week: Assured Guaranty, Red Rock Resorts, TerraForm Power

    An unloved yieldco saw a beneficial owner make a big buy. 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. TerraForm Power Inc (NASDAQ: TERP) 10% owner Brookfield Asset Management stepped up to the buy window this past week.

  • GlobeNewswire

    TerraForm Power Prices $700 Million Offering of Senior Notes

    TerraForm Power, Inc. (TERP) (“TerraForm Power”) today announced that its indirect subsidiary, TerraForm Power Operating, LLC (the “Issuer”), priced $700 million aggregate principal amount of 4.75% senior notes due 2030 (the “Notes”) at an initial offering price of 100% of the principal amount (the “Offering”) in connection with its previously announced private offering. The Notes will be senior obligations of the Issuer and will be guaranteed by the Issuer’s direct parent, TerraForm Power, LLC (“Terra LLC”), and each of the Issuer’s existing and future subsidiaries that guarantee its senior secured credit facilities or certain other material indebtedness of the Issuer or Terra LLC, subject to certain exceptions. TerraForm Power will not guarantee the Notes.

  • Moody's

    TerraForm Power Operating LLC -- Moody's assigns Ba3 rating to Terraform Power Operating's new senior unsecured notes; affirms Ba3 CFR; stable outlook

    Moody's Investors Service ("Moody's") today assigned a Ba3 rating to TerraForm Power Operating LLC's (TPO or yieldco) proposed issuance of up to $700 million of senior unsecured notes. Concurrently, Moody's affirmed TPO's Ba3 corporate family rating (CFR) and Ba3-PD Probability of Default rating.

  • GlobeNewswire

    TerraForm Power Announces Proposed Aggregate $700 Million Offering of Senior Notes

    TerraForm Power, Inc. (TERP) (“TerraForm Power”) today announced that its indirect subsidiary, TerraForm Power Operating, LLC (the “Issuer”), intends to offer, in a private offering, $700 million aggregate principal amount of senior notes to be issued with a maturity of approximately 10 years (the “Notes”), subject to market conditions and other factors. The Notes will be senior obligations of the Issuer and will be guaranteed by the Issuer’s direct parent, TerraForm Power, LLC (“Terra LLC”), and each of the Issuer’s existing and future subsidiaries that guarantee its senior secured credit facilities or certain other material indebtedness of the Issuer or Terra LLC, subject to certain exceptions. TerraForm Power will not guarantee the Notes.

  • Benzinga

    Barclays On Energy YieldCos: Buy NextEra, Hold TerraForm

    NextEra Energy Partners LP (NYSE: NEP ) gained momentum with a series of upgrades this month. The optimism has since pushed the stock into favor above industry peers. The Ratings Barclays analysts Moses ...

  • Globenewswire Test

    TerraForm Power Announces Pricing of Public Offering of Common Stock

    NEW YORK, Oct. 04, 2019 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq: TERP) (“TerraForm Power”) today announced that it priced its underwritten public offering of 14,907,573 shares of its Class A common stock (“common stock”) for total gross proceeds of approximately $251 million. The underwriter may offer the shares from time to time for sale in one or more transactions on the Nasdaq Global Select Market, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices.  In connection with the offering, TerraForm Power has granted the underwriter an option for a period of 30 days to purchase up to an additional 2,236,135 shares of common stock. Subject to the completion of this offering and the receipt of applicable regulatory approvals (if any), an affiliate of TerraForm Power’s sponsor, Brookfield Asset Management Inc., will purchase from TerraForm Power in a concurrent private placement $50.0 million of shares of common stock at a price per share equal to the price paid to TerraForm Power by the underwriter in this offering.TerraForm Power intends to use the net proceeds from this offering and the concurrent private placement for working capital and general corporate purposes.The offering is expected to close on or about October 7, 2019.RBC Capital Markets is acting as sole book-running manager for the offering.The offering is being made pursuant to TerraForm Power’s effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The offering is being made only by means of a prospectus and a related prospectus supplement. Prospective investors should read the prospectus supplement and the accompanying prospectus in that registration statement and other documents TerraForm Power has filed or will file with the SEC for more complete information about TerraForm Power and the offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus supplement and the accompanying prospectus may be obtained from RBC Capital Markets, LLC, Attention: Equity Capital Markets, 200 Vesey Street, 8th Floor, New York, New York, 10281, by calling 877-822-4089 or by emailing equityprospectus@rbccm.com.This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.About TerraForm PowerTerraForm Power acquires, owns and operates a best-in-class renewable power portfolio of solar and wind assets in North America and Western Europe. TerraForm Power is the owner and operator of a 4,070 MW diversified portfolio of high-quality solar and wind assets underpinned by long-term contracts. TerraForm Power is listed on the Nasdaq Global Select Market (Nasdaq: TERP). It is sponsored by Brookfield Asset Management, Inc., a leading global alternative asset manager with more than $500 billion of assets under management.Contacts for Investors / Media Michael Tebbutt TerraForm Power investors@terraform.comSafe Harbor Disclosure This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements involve estimates, expectations, projections, goals, assumptions, known and unknown risks, and uncertainties and typically include words or variations of words such as “expect,” “anticipate,” “believe,” “intend,” “plan,” “seek,” “estimate,” “predict,” “project,” “opportunities,” “goal,” “guidance,” “outlook,” “initiatives,” “objective,” “forecast,” “target,” “potential,” “continue,” “would,” “will,” “should,” “could,” or “may” or other comparable terms and phrases. All statements that describe or relate to TerraForm Power’s expectations regarding the number or price of shares of common stock to be sold or the intended use of proceeds from the offering of common stock are forward-looking statements. Forward-looking statements provide TerraForm Power’s current expectations or predictions of future conditions, events, or results and speak only as of the date they are made. Although TerraForm Power believes its expectations and assumptions are reasonable, it can give no assurance that these expectations and assumptions will prove to have been correct and actual results may vary materially.TerraForm Power disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions, factors, or expectations, new information, data, or methods, future events, or other changes, except as required by law. The foregoing factors that might cause results to differ materially from those contemplated in the forward-looking statements should be considered in connection with information regarding risks and uncertainties which are described in TerraForm Power’s Form 10-K for the fiscal year ended December 31, 2018, any subsequent Quarterly Reports on Form 10-Q, as well as additional factors it may describe from time to time in other filings with the SEC. TerraForm Power operates in a competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and you should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.

  • GlobeNewswire

    TerraForm Power Announces Public Offering of Common Stock

    TerraForm Power, Inc. (TERP) (“TerraForm Power”) today announced its intention to offer shares of its Class A common stock (“common stock”) in an underwritten public offering, subject to market conditions. The underwriters may offer the shares from time to time for sale in one or more transactions on the Nasdaq Global Select Market, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices. In connection with the offering, TerraForm Power expects to grant the underwriters an option for a period of 30 days to purchase additional shares of common stock.

  • Benzinga

    This Analyst Says It's Time To Take Profits From TerraForm Power, Downgrades Stock

    The recent rally in TerraForm Power Inc’s (NASDAQ: TERP ) shares seems justified and the risk-reward now seems approximately balanced, according to JPMorgan. The Analyst JPMorgan’s Mark Strouse downgraded ...

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  • This 4.7%-Yielding Renewable Energy Stock Is on Track for High-Powered Growth
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    TerraForm Power continues to believe it can increase its payout at a healthy rate through at least 2022.