Analysts await SolarCity Corporation (NASDAQ:SCTY) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $-2.3 EPS, down 33.91% or $0.78 from last year’s $-1.52 per share.

At the moment 18 analysts are watching SolarCity Corporation (NASDAQ:SCTY), 8 rate it “Buy”, 2 “Outperform”, 8 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 15 analysts have a mean sales target of 149.43 million. For the quarter ending Sep-16, 15 analysts have a mean sales target of 172.26 million whilst for the year ending Dec-16, 17 analysts have a mean target of 591.90 million.

In terms of earnings per share, 17 analysts have a -2.13 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 17 analysts have a -2.26 EPS mean target and for the quarter ending Sep-16 there are 18 estimates of -9.11 EPS.

The biggest institutional shareholders in SolarCity Corporation include Fidelity Management and Research Company which owns 12 million shares in the company valued at $612.53 million. SRS Investment Management, LLC is the second biggest holder with 9 million shares currently valued at 433.67 million whilst Vanguard Group Inc has 4 million shares valued at 198.19 million.

Total shares held by institutions as of the most recent company filings are 57,015,810 with a reported 7,529,028 bought and 10,062,723 sold. These holdings make up 58.42% of the company’s outstanding shares.

Currently insiders hold 2,174,890 shares in the business which makes up 2.22% of shares. The biggest holder currently is Mr. Jeffrey B. Straubel who owns 758,246 shares (0.77% of those outstanding), whilst Mr. Lyndon R. Rive holds 683,722 (0.70% of shares outstanding) and Mr. Peter J. Rive holds 295,348 (0.30% of shares outstanding).

The stock increased 0.78% or $0.17 during the last trading session, hitting $22.62. SolarCity Corporation (NASDAQ:SCTY) has fallen 23.3% over the past 6 months and is downtrending.