During the last session, Sunrun Inc (NASDAQ:RUN)’s traded shares were 10.65 million, with the beta value of the company hitting 2.74. At the end of the trading day, the stock’s price was $6.01, reflecting an intraday loss of -3.22% or -$0.2. The 52-week high for the RUN share is $22.26, that puts it down -270.38 from that peak though still a striking 1.33% gain since the share price plummeted to a 52-week low of $5.93. The company’s market capitalization is $1.36B, and the average intraday trading volume over the past 10 days was 11.29 million shares, and the average trade volume was 10.97 million shares over the past three months.
Sunrun Inc (RUN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.92. RUN has a Sell rating from 0 analyst(s) out of 19 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 16 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.25.
Sunrun Inc (NASDAQ:RUN) trade information
Sunrun Inc (RUN) registered a -3.22% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.22% in intraday trading to $6.01, hitting a weekly high. The stock’s 5-day price performance is -10.43%, and it has moved by -28.37% in 30 days. Based on these gigs, the overall price performance for the year is -44.81%. The short interest in Sunrun Inc (NASDAQ:RUN) is 52.37 million shares and it means that shorts have 4.29 day(s) to cover.
The consensus price target of analysts on Wall Street is $17.5, which implies an increase of 65.66% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $23 respectively. As a result, RUN is trading at a discount of -282.7% off the target high and -83.03% off the low.
Sunrun Inc (RUN) estimates and forecasts
In the rating firms’ projections, revenue will increase 8.57% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 491.51M as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 547.1M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 458.19M and 523.87M respectively. In this case, analysts expect current quarter sales to grow by 7.27% and then jump by 4.44% in the coming quarter.
While earnings are projected to return 92.88% in 2025, the next five years will return 48.90% per annum.
RUN Dividends
Sunrun Inc is due to release its next quarterly earnings on 2025-Feb-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Sunrun Inc (NASDAQ:RUN)’s Major holders
Sunrun Inc insiders own 2.46% of total outstanding shares while institutional holders control 111.91%, with the float percentage being 114.72%. BLACKROCK INC. is the largest shareholder of the company, while 550.0 institutions own stock in it. As of 2024-06-30, the company held over 41.4 million shares (or 18.6089% of all shares), a total value of $491.0 million in shares.
The next largest institutional holding, with 23.38 million shares, is of VANGUARD GROUP INC’s that is approximately 10.631% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $277.24 million.
