Sunrun Inc (NASDAQ:RUN) has a beta value of 2.58 and has seen 2.13 million shares traded in the last trading session. The company, currently valued at $2.37B, closed the last trade at $10.55 per share which meant it lost -$0.82 on the day or -7.26% during that session. The RUN stock price is -111.0% off its 52-week high price of $22.26 and 14.6% above the 52-week low of $9.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.06 million shares traded. The 3-month trading volume is 9.37 million shares.
The consensus among analysts is that Sunrun Inc (RUN) is Buy stock at the moment, with a recommendation rating of 1.97. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 19 have rated it as a Hold, with 16 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.15.
Sunrun Inc (NASDAQ:RUN) trade information
Sporting -7.26% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the RUN stock price touched $10.55 or saw a rise of 11.2%. Year-to-date, Sunrun Inc shares have moved 14.00%, while the 5-day performance has seen it change 14.00%. Over the past 30 days, the shares of Sunrun Inc (NASDAQ:RUN) have changed -0.33%. Short interest in the company has seen 52.93 million shares shorted with days to cover at 6.09.
Wall Street analysts have a consensus price target for the stock at $20, which means that the shares’ value could jump 47.25% from current levels. The projected low price target is $11.0 while the price target rests at a high of $35.0. In that case, then, we find that the current price level is -231.75% off the targeted high while a plunge would see the stock gain -4.27% from current levels.
Sunrun Inc (RUN) estimates and forecasts
Figures show that Sunrun Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -24.25% over the past 6 months, with this year growth rate of 96.64%, compared to -13.50% for the industry. Revenue growth from the last financial year stood is estimated to be -9.02%.
19 analysts offering their estimates for the company have set an average revenue estimate of 544.9M for the current quarter. 15 have an estimated revenue figure of 523.28M for the next ending quarter. Year-ago sales stood 516.59M and 458.19M respectively for this quarter and the next, and analysts expect sales will grow by 5.48% for the current quarter and -9.02% for the next.
Earnings growth for 2025 is a modest 94.41% while over the next 5 years, the company’s earnings are expected to decrease by -8.00%.
RUN Dividends
Sunrun Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sunrun Inc (NASDAQ:RUN)’s Major holders
Insiders own 2.48% of the company shares, while shares held by institutions stand at 111.00% with a share float percentage of 113.83%. Investors are also buoyed by the number of investors in a company, with Sunrun Inc having a total of 609.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 41.4 million shares worth more than $491.0 million. As of 2024-06-30, BLACKROCK INC. held 18.8283% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 23.38 million shares as of 2024-06-30. The firm’s total holdings are worth over $277.24 million and represent 10.631% of shares outstanding.
