TerraForm Power, Inc. New (TERP) Getting Somewhat Favorable News Coverage, Study Finds

News coverage about TerraForm Power, Inc. New (NASDAQ:TERP) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TerraForm Power, Inc. New earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media headlines about the solar energy provider an impact score of 45.8863875267616 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected Accern Sentiment’s analysis:

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Shares of TerraForm Power, Inc. New (NASDAQ TERP) opened at $11.57 on Friday. TerraForm Power, Inc. New has a twelve month low of $10.02 and a twelve month high of $14.20. The stock has a market cap of $1,750.00 and a price-to-earnings ratio of -7.01. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.08.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date of this dividend is Tuesday, February 27th. TerraForm Power, Inc. New’s dividend payout ratio (DPR) is presently -46.06%.

A number of analysts recently issued reports on the stock. Goldman Sachs Group assumed coverage on shares of TerraForm Power, Inc. New in a report on Monday, November 27th. They set a “neutral” rating and a $13.00 price target on the stock. TheStreet downgraded shares of TerraForm Power, Inc. New from a “c-” rating to a “d+” rating in a report on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $14.00.

In other news, CEO John Stinebaugh purchased 8,100 shares of the stock in a transaction that occurred on Friday, November 30th. The shares were purchased at an average cost of $12.42 per share, with a total value of $100,602.00. Following the completion of the acquisition, the chief executive officer now owns 8,100 shares of the company’s stock, valued at approximately $100,602. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 34.55% of the company’s stock.

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About TerraForm Power, Inc. New

TerraForm Power, Inc is a United States-based holding company. The Company owns clean power generation assets. This includes solar and wind assets located in the United States, Canada and other markets. Its clean power generation assets serve utility, commercial and residential customers. As of December 31, 2016, the Company’s portfolio consisted of renewable energy facilities located in the United States, Canada, the United Kingdom and Chile with a combined nameplate capacity of 2,983.1 megawatts.

Insider Buying and Selling by Quarter for TerraForm Power, Inc. New (NASDAQ:TERP)

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