Last $56.33 USD
Change Today +1.97 / 3.62%
Volume 3.8M
SCTY On Other Exchanges
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Exchange
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As of 8:10 PM 10/30/14 All times are local (Market data is delayed by at least 15 minutes).

solarcity corp (SCTY) Snapshot

Open
$53.99
Previous Close
$54.36
Day High
$56.38
Day Low
$53.26
52 Week High
02/26/14 - $88.35
52 Week Low
11/26/13 - $42.38
Market Cap
5.2B
Average Volume 10 Days
3.8M
EPS TTM
$-0.46
Shares Outstanding
92.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SOLARCITY CORP (SCTY)

solarcity corp (SCTY) Details

SolarCity Corporation designs, installs, and sells or leases solar energy systems to residential and commercial customers, and government entities in the United States. It offers solar energy systems; solar lease and power purchase agreement finance products; and energy efficiency products and services, as well as develops a proprietary battery management system, which is designed to enable remote, bidirectional control of distributed energy storage that can provide benefits to customers, utilities, and grid operators. The company also sells electricity generated by solar energy systems to customers. It offers its products and services through direct outside sales force; door-to-door sales force; call centers; channel partner network; and robust customer referral program. The company was founded in 2006 and is headquartered in San Mateo, California.

4,262 Employees
Last Reported Date: 03/18/14
Founded in 2006

solarcity corp (SCTY) Top Compensated Officers

Co-Founder, Chief Executive Officer and Direc...
Total Annual Compensation: $276.1K
Co-Founder, Chief Technology Officer and Dire...
Total Annual Compensation: $276.1K
Chief Operations Officer
Total Annual Compensation: $175.0K
Executive Vice President of Process Engineeri...
Total Annual Compensation: $101.2K
Chief Revenue Officer
Total Annual Compensation: $83.7K
Compensation as of Fiscal Year 2013.

solarcity corp (SCTY) Key Developments

SolarCity Unveils Zs Beam

SolarCity unveiled ZS Beam, a new product that allows solar panels to be attached to parking lot shading structures faster, more safely and at a lower cost than was previously possible. The newest product in SolarCity's Zep Solar line should make it possible for more businesses, schools and government organizations to build carport structures that create shaded parking and also provide solar electricity at a lower rate than electricity from their utility companies. SolarCity expects ZS Beam to significantly reduce the construction cost associated with solar carports, and SolarCity is introducing the product at a time when U.S. solar carport construction is expected to grow dramatically. A recent report from GTM Research forecasts U.S. solar carports to grow from a projected 180.2 megawatts of annual installed capacity in 2014 to a projected 317.9 megawatts in 2016; a 76% increase in two years. The carport system can pair effectively with SolarCity's ZS Peak; SolarCity's lightweight, "snap together" mounting system for commercial flat roofs that can significantly increase the number of panels that can be installed on each roof.

SolarCity Corporation Presents at ROTH Capital Partners Solar Symposium, Oct-21-2014

SolarCity Corporation Presents at ROTH Capital Partners Solar Symposium, Oct-21-2014 . Venue: Las Vegas Convention Center, 3150 Paradise Rd, Las Vegas, NV 89109, United States.

SolarCity Introduces MyPower

SolarCity introduced MyPower today, a first-of-its kind solar financing option that combines the low upfront cost and immediate utility savings of a power purchase agreement (PPA) with the benefits of ownership. SolarCity customers pay for their MyPower solar loan similar to the way they pay for a solar PPA--based on the energy the system produces from the sun--but they retain ownership of the solar panels. MyPower's unique structure creates America's most affordable solar loan--with a lower cost than PPAs in many locations. MyPower can allow customers to pay as much as 40% less for solar power than utility power, and unlike other loans, MyPower allows customers to prepay their entire balance or prepay a portion of their solar loan to lower their monthly payments at any time, with no fees or penalties. As with all of SolarCity's solar financing options, MyPower will include the industry's best service package. MyPower customers will enjoy a 30-year warranty, production guarantee, and monitoring service package. SolarCity backs up its agreements with the in-house service footprint in the industry--its 52 operations centers serve 15 states.

 

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SCTY:US $56.33 USD +1.97

SCTY Competitors

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Company Last Change
Ameresco Inc $7.84 USD +0.11
First Solar Inc $56.10 USD -0.06
SunEdison Inc $18.95 USD +0.20
SunPower Corp $29.60 USD -0.71
Vivint Solar Inc $13.75 USD +0.03
View Industry Companies
 

Industry Analysis

SCTY

Industry Average

Valuation SCTY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 22.7x
Price/Book 8.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 15.8x
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