Sunrun (RUN) Stock Drops Despite Market Gains: Important Facts to Note

Sunrun (RUN) closed at $7.64, down 1.67% in the latest session, underperforming the S&P 500. The solar energy company is expected to report earnings of $0.16 per share with 166.67% year-over-year growth, though annual earnings are projected to decline 30.41%. Trading at a Forward P/E of 6.55, well below its industry average of 13.31, Sunrun holds a Zacks Rank of #3 (Hold). The Solar industry ranks 212 out of 250 industries, placing it in the bottom 14%.