Company Performance - Sunrun's stock closed at $16.84, reflecting a -1% change from the previous day, which is less than the S&P 500's daily loss of 0.17% [1] - Over the past month, Sunrun's shares have decreased by 13.35%, underperforming compared to the Oils-Energy sector's gain of 0.85% and the S&P 500's gain of 1.25% [1] Earnings Expectations - The upcoming earnings report for Sunrun is anticipated to show an EPS of -$0.13, representing a decline of 132.5% from the same quarter last year [2] - Revenue is expected to be $561.33 million, indicating a slight decrease of 0.33% compared to the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates project an EPS of -$0.16 and revenue of $2.14 billion, reflecting increases of 97.76% and a decrease of 5.41% respectively from the last year [3] - Recent changes in analyst estimates suggest a correlation with the company's near-term business trends, indicating analysts' confidence in Sunrun's performance [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have delivered an average annual return of +25% since 1988 [5] - Sunrun currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate increasing by 55.98% over the last 30 days [5] - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 167, placing it in the bottom 34% of over 250 industries [5]

Group 1 - Sunrun Inc (RUN) shares fell 3.66% to $16.86, down from a previous close of $17.50, marking a 24.26% decline from its 52-week high of $22.26 and a 99.99% increase from its 52-week low of $8.43 [1] - The trading volume for Sunrun Inc was 2,382,415 shares, which is 27.9% of the average daily volume of 8,526,774 [1] Group 2 - The average one-year price target for Sunrun Inc, based on estimates from 24 analysts, is $22.24, indicating a potential upside of 31.91% from the current price of $16.86 [2] - The consensus recommendation from 28 brokerage firms gives Sunrun Inc an average rating of 2.3, suggesting an "Outperform" status on a scale where 1 is Strong Buy and 5 is Sell [2] - GuruFocus estimates the GF Value for Sunrun Inc at $21.32, implying a potential upside of 26.45% from the current price of $16.86 [2]

FORT WASHINGTON, Pa., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, and Sunrun Inc., America's #1 home solar and storage provider, today announced a new national partnership for Sunrun to provide solar power and storage to Toll Brothers homes. Sunrun and Toll Brothers have an exclusive agreement for Sunrun to provide solar power as an included feature in all Toll Brothers homes in California, as well as a preferred agreement to provide sola ...

Core Insights - Sunrun's CEO Mary Powell has been recognized by Forbes as one of the inaugural Sustainability Leaders, highlighting her role in driving a sustainable future through innovation and impact [1][6] - Under Powell's leadership, Sunrun has become the first solar-plus-storage company in the U.S. to exceed 1 million customers, achieving significant growth in both customer base and product offerings [2][4] Company Performance - Sunrun has added over 400,000 customers in the last three years, surpassing the 1 million customer milestone [4] - The company installs approximately 1 gigawatt of distributed home solar annually and has increased battery storage installations by 400%, from 23,000 to over 116,000 [4] Leadership and Recognition - Mary Powell's leadership has been acknowledged with multiple accolades, including Utility Dive's 2019 Executive of the Year and a position on Fast Company's list of the 100 Most Creative People [5] - Powell emphasizes the importance of a customer-led clean energy revolution to improve lives and stabilize the grid [3] Industry Context - Forbes' Sustainability Leaders list coincides with the third annual Sustainability Leaders Summit, recognizing leaders who are addressing climate change through scalable solutions and technology [6] - Sunrun's innovative approach to clean energy aims to democratize access to renewable energy and enhance energy security for customers [7]

Sunrun (RUN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, RUN broke through the 20-day moving average, which suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. The 20-d ...

Core Viewpoint - Sunrun has successfully priced its twelfth securitization of leases and power purchase agreements, demonstrating strong execution in capital markets and highlighting its industry-leading cost of capital [1][2]. Securitization Details - The transaction includes two classes of publicly placed A+ rated notes (Class A-1 and Class A-2) and a single class of BB rated notes (Class B) [3]. - Class A-1 notes amount to $75.0 million with a coupon of 5.49%, while Class A-2 notes total $290.4 million with a coupon of 5.88% [3]. - The Class A-1 notes priced at a spread of 210 basis points and a yield of 5.538%, whereas Class A-2 notes priced at a spread of 240 basis points and a yield of 5.933% [3]. - The initial balance of Class A notes represents a 73.8% advance rate on the Securitization Share of ADSAB, with expected weighted average lives of 4.83 years for Class A-1 and 6.99 years for Class A-2 [3]. Portfolio and Customer Metrics - The notes are backed by a diversified portfolio of 21,281 systems across 19 states and Puerto Rico, covering 73 utility service territories [5]. - The weighted average customer FICO score is 741, indicating a strong credit profile among customers [5]. Future Financing Plans - Sunrun anticipates raising additional subordinated subsidiary-level non-recourse financing, which is expected to enhance the cumulative advance rate [4]. Closing Timeline - The transaction is expected to close by September 26, 2024 [5]. Company Overview - Sunrun, established in 2007, is the leading provider of clean energy as a subscription service, focusing on residential solar and storage solutions without upfront costs [7].

The most recent trading session ended with Sunrun (RUN) standing at $18.80, reflecting a -1.85% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 0.75%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%. Heading into today, shares of the solar energy products distributor had gained 3.46% over the past month, outpacing the Oils-Energy sector's loss of 4.12% and lagging the S&P 500's gain of 4.03% in that time. The investment community will be c ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Sunrun (RUN) . Sunrun currently has an average brokerage recommendation (A ...

Zacks Rating Upgrade for Sunrun - Sunrun has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive earnings outlook and potential stock price increase [1][3] - The upgrade is driven by an upward trend in earnings estimates, which is a powerful force impacting stock prices [1][4] - The Zacks Rank system tracks the Zacks Consensus Estimate, reflecting the consensus EPS estimates from sell-side analysts [1] Earnings Estimate Revisions and Stock Price Movement - Changes in a company's future earnings potential, reflected in earnings estimate revisions, strongly correlate with near-term stock price movements [4] - Institutional investors use earnings estimates to calculate fair value, leading to bulk investment actions that influence stock prices [4] - For Sunrun, rising earnings estimates and the consequent rating upgrade indicate an improvement in the company's underlying business, which should push the stock higher [5] Zacks Rank System and Its Effectiveness - The Zacks Rank system uses four factors related to earnings estimates to classify stocks into five groups, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7] - The system maintains an equal proportion of 'buy' and 'sell' ratings, with only the top 5% of Zacks-covered stocks receiving a 'Strong Buy' rating [9][10] - Sunrun's placement in the top 5% of Zacks-covered stocks indicates superior earnings estimate revision features, making it a strong candidate for market-beating returns [10] Sunrun's Earnings Estimate Revisions - Sunrun is expected to earn -$0.85 per share for the fiscal year ending December 2024, representing a year-over-year change of 88.1% [8] - Over the past three months, the Zacks Consensus Estimate for Sunrun has increased by 47.7%, reflecting steady upward revisions by analysts [8] Conclusion - The Zacks Rank upgrade for Sunrun reflects positivity about its earnings outlook, which could translate into buying pressure and an increase in its stock price [3][10] - The Zacks Rank system's focus on earnings estimate revisions provides a reliable method for identifying stocks with strong near-term potential [6][7]

From a technical perspective, Sunrun (RUN) is looking like an interesting pick, as it just reached a key level of support. RUN recently overtook the 20- day moving average, and this suggests a short-term bullish trend. The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, shortterm traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-ter ...