This Is A Time To Invest In Sunrun Inc (NASDAQ: RUN)

Sunrun Inc (NASDAQ:RUN)’s traded shares stood at 11.32 million during the last session, with the company’s beta value hitting 2.50. At the close of trading, the stock’s price was $10.85, to imply an increase of 4.99% or $0.52 in intraday trading. The RUN share’s 52-week high remains $23.85, putting it -119.82% down since that peak but still an impressive 22.3% since price per share fell to its 52-week low of $8.43. The company has a valuation of $2.38B, with an average of 14.62 million shares over the past 3 months.

Sunrun Inc (NASDAQ:RUN) trade information

After registering a 4.99% upside in the last session, Sunrun Inc (RUN) has traded red over the past five days. The stock hit a weekly high of 12.65, jumping 4.99% in its intraday price action. The 5-day price performance for the stock is -11.76%, and 5.70% over 30 days. With these gigs, the year-to-date price performance is -44.75%.

Sunrun Inc (RUN) estimates and forecasts

Looking at statistics comparing Sunrun Inc share performance against respective industry, we note that the company has outperformed competitors. Sunrun Inc (RUN) shares are -9.09% down over the last 6 months, with its year-to-date growth rate higher than industry average at 76.33% against -9.30%. Revenue is forecast to grow 58.90% this quarter before falling -216.00% for the next one. The rating firms project that company’s revenue will shrink -1.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 21 analysts is $470.89 million. Meanwhile, for the quarter ending Jun 2024, a total of 21 analyst(s) estimate revenue growth to $555.55 million.Earnings reports from the last fiscal year show that sales brought in $589.85 million and -$ respectively in the corresponding quarters.

RUN Dividends

Sunrun Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Sunrun Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.