Spruce Power (SPRU) Stock Price, News & Analysis

Company Overview

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $2.48 to $2.60
• 50-Day Range: $2.47 to $3.15
• 52-Week Range: $2.17 to $4.89
• Volume: 30,310 shs
• Average Volume: 31,809 shs
• Market Capitalization: $47.17 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Spruce Power Stock Analysis - MarketRank™

Spruce Power scored higher than 8% of companies evaluated by MarketBeat, and ranked 643rd out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Spruce Power.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Spruce Power is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Spruce Power is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Spruce Power has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.49% of the float of Spruce Power has been sold short.

Short Interest Ratio / Days to Cover

Spruce Power has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Spruce Power has recently increased by 0.35%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Spruce Power does not currently pay a dividend.

Dividend Growth

Spruce Power does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.49% of the float of Spruce Power has been sold short.

Short Interest Ratio / Days to Cover

Spruce Power has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Spruce Power has recently increased by 0.35%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

3 people have searched for SPRU on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Spruce Power to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Spruce Power insiders have bought more of their company's stock than they have sold. Specifically, they have bought $76,240.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 9.60% of the stock of Spruce Power is held by insiders.

Percentage Held by Institutions

Only 20.76% of the stock of Spruce Power is held by institutions.

SPRU Stock Analysis - Frequently Asked Questions

How have SPRU shares performed this year?

Spruce Power's stock was trading at $2.97 at the start of the year. Since then, SPRU shares have decreased by 14.6% and is now trading at $2.5360.
View the best growth stocks for 2025 here.

When did Spruce Power's stock split?

Spruce Power shares reverse split before market open on Monday, October 9th 2023. The 1-8 reverse split was announced on Monday, October 9th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, October 9th 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Who are Spruce Power's major shareholders?

Spruce Power's top institutional shareholders include Clayton Partners LLC (2.38%), Geode Capital Management LLC (0.86%), Bridgeway Capital Management LLC (0.24%) and Northern Trust Corp (0.18%). Insiders that own company stock include Eric M Tech, John P Miller, Mcbane Clara Nagy, Christopher M Hayes, Jonathan J Ledecky and Christian S Fong.
View institutional ownership trends.

How do I buy shares of Spruce Power?

Shares of SPRU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Spruce Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Spruce Power investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Today: 2/21/2025
• Next Earnings (Estimated): 3/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NYSE:SPRU
• CUSIP: N/A
• CIK: 1772720
• Web: www.xlfleet.com
• Phone: 866-903-2399
• Fax: N/A
• Employees: 180
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($5.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-65,830,000.00
• Net Margins: -121.98%
• Pretax Margin: -122.19%
• Return on Equity: -23.98%
• Return on Assets: -5.48%

Debt

• Debt-to-Equity Ratio: 3.81
• Current Ratio: 2.75
• Quick Ratio: 2.75

Sales & Book Value

• Annual Sales: $79.86 million
• Price / Sales: 0.59
• Cash Flow: $0.19 per share
• Price / Cash Flow: 13.45
• Book Value: $11.24 per share
• Price / Book: 0.23

Miscellaneous

• Outstanding Shares: 18,600,000
• Free Float: 16,817,000
• Market Cap: $47.17 million
• Optionable: Optionable
• Beta: 1.14