Sunrun (RUN) Expected to Announce Earnings on Thursday

Sunrun (NASDAQ:RUN - Get Free Report) is anticipated to post its Q4 2024 quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Sunrun to post earnings of ($0.27) per share and revenue of $541.05 million for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Sunrun Price Performance

NASDAQ:RUN traded down $0.66 on Friday, hitting $7.25. The company had a trading volume of 24,017,427 shares, compared to its average volume of 10,270,295. The firm has a 50 day moving average of $9.33 and a two-hundred day moving average of $13.19. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -3.98 and a beta of 2.59. Sunrun has a 52 week low of $6.99 and a 52 week high of $22.26. The company has a current ratio of 1.47, a quick ratio of 1.15 and a debt-to-equity ratio of 1.92.

Insider Buying and Selling

In other news, CEO Mary Powell sold 4,350 shares of the business's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $11.18, for a total value of $48,633.00. Following the sale, the chief executive officer now owns 560,321 shares of the company's stock, valued at $6,264,388.78. The trade was a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Lynn Michelle Jurich sold 50,000 shares of Sunrun stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $9.42, for a total transaction of $471,000.00. Following the completion of the transaction, the director now owns 1,041,753 shares of the company's stock, valued at $9,813,313.26. This represents a 4.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 164,830 shares of company stock valued at $1,572,147. 3.77% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Truist Financial restated a "hold" rating and set a $12.00 price objective (down previously from $18.00) on shares of Sunrun in a research report on Tuesday, November 12th. Roth Mkm lowered their price objective on Sunrun from $35.00 to $30.00 and set a "buy" rating for the company in a research note on Friday, November 8th. Guggenheim lowered shares of Sunrun from a "buy" rating to a "neutral" rating in a report on Thursday, November 7th. StockNews.com raised shares of Sunrun to a "sell" rating in a report on Friday, December 20th. Finally, Wells Fargo & Company dropped their price target on shares of Sunrun from $15.00 to $12.00 and set an "overweight" rating for the company in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $18.01.

About Sunrun

Sunrun Inc designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.