NYSE:SOL Emeren Group (SOL) Stock Price, News & Analysis → Log Into Marc's $5,000 System Today (From Chaikin Analytics) (Ad) Free SOL Stock Alerts $1.86 -0.09 (-4.69%) (As of 03:45 PM ET) Add Compare Share Share Today's Range$1.83▼$1.9450-Day Range$1.60▼$2.3752-Week Range$1.54▼$4.28Volume290,953 shsAverage Volume488,364 shsMarket Capitalization$111.92 millionP/E RatioN/ADividend YieldN/APrice Target$5.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Emeren Group alerts: Email Address Emeren Group MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside193.7% Upside$5.38 Price TargetShort InterestHealthy3.01% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.02Based on 32 Articles This WeekInsider TradingN/AProj. Earnings Growth100.00%From $0.30 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.96 out of 5 starsOils/Energy Sector126th out of 239 stocksSemiconductors & Related Devices Industry43rd out of 89 stocks 3.2 Analyst's Opinion Consensus RatingEmeren Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, no hold ratings, and 2 sell ratings.Amount of Analyst CoverageEmeren Group has only been the subject of 3 research reports in the past 90 days.Read more about Emeren Group's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.01% of the outstanding shares of Emeren Group have been sold short.Short Interest Ratio / Days to CoverEmeren Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Emeren Group has recently increased by 4.62%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldEmeren Group does not currently pay a dividend.Dividend GrowthEmeren Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SOL. Previous Next 1.7 News and Social Media Coverage News SentimentEmeren Group has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 32 news articles for Emeren Group this week, compared to 3 articles on an average week.Search InterestOnly 8 people have searched for SOL on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Emeren Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Emeren Group insiders have not sold or bought any company stock.Percentage Held by Insiders18.02% of the stock of Emeren Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions44.08% of the stock of Emeren Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Emeren Group's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Emeren Group are expected to grow by 100.00% in the coming year, from $0.30 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Emeren Group is -7.04, 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. SectorThe P/E ratio of Emeren Group is -7.04, 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 RatioEmeren Group has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Emeren Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Emeren Group Stock (NYSE:SOL)Emeren Group Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It owns and operates 3 gigawatt pipeline of projects and independent power producer assets. The company also develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electricity. It operates in China, United States, UK, Spain, France, Poland, Italy, Hungary, and Internationally. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.Read More SOL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SOL Stock News HeadlinesMay 28 at 2:24 AM | americanbankingnews.comEmeren Group Ltd (NYSE:SOL) Receives $5.38 Average Target Price from BrokeragesMay 28 at 1:16 AM | americanbankingnews.comResearch Analysts Issue Forecasts for Emeren Group Ltd's Q2 2024 Earnings (NYSE:SOL)May 27 at 5:49 PM | msn.comNow, Caitlyn Jenner Promotes Own Crypto Coin On X — But Is It Real Or Another Hack?May 27 at 4:38 AM | americanbankingnews.comResearch Analysts Offer Predictions for Emeren Group Ltd's Q1 2025 Earnings (NYSE:SOL)May 27 at 2:46 AM | americanbankingnews.comQ3 2024 Earnings Estimate for Emeren Group Ltd Issued By Northland Capmk (NYSE:SOL)May 26 at 3:58 AM | americanbankingnews.comEmeren Group (NYSE:SOL) Rating Lowered to Under Perform at Northland SecuritiesMay 26 at 3:58 AM | americanbankingnews.comEmeren Group's (SOL) "Buy" Rating Reaffirmed at HC WainwrightMay 26 at 1:32 AM | americanbankingnews.comEmeren Group (NYSE:SOL) Upgraded at StockNews.comMay 25 at 6:34 PM | msn.comNorthland Capital Markets Downgrades Emeren Group Ltd - Depositary Receipt () (SOL)May 25 at 9:42 AM | americanbankingnews.comEmeren Group (NYSE:SOL) Updates FY 2024 Earnings GuidanceMay 25 at 7:24 AM | americanbankingnews.comNorthland Capmk Downgrades Emeren Group (NYSE:SOL) to Strong SellMay 24, 2024 | msn.comReneSola Ltd (NYSE:SOL) Q1 2024 Earnings Call TranscriptMay 23, 2024 | investorplace.comSOL Stock Earnings: Emeren Group Misses Revenue for Q1 2024May 23, 2024 | prnewswire.comEmeren Announces First Quarter 2024 Financial ResultsMay 22, 2024 | msn.comEmeren Group Q1 2024 Earnings PreviewMay 20, 2024 | americanbankingnews.comHead-To-Head Analysis: Emeren Group (NYSE:SOL) & MaxLinear (NYSE:MXL)May 18, 2024 | fool.comThe Bitcoin Halving Is Done. 3 Cryptocurrencies to Buy Now.May 9, 2024 | benzinga.comSolana DePIN Ambient Raises Funds Ahead of Token Launch, Acquires PlanetWatchMay 9, 2024 | prnewswire.comEmeren to Release First Quarter 2024 Financial Results on May 23, 2024May 8, 2024 | fool.comThe Bitcoin Halving Is Done: 3 Cryptocurrencies to Buy NowMay 8, 2024 | msn.comIf You Invested $250K In Solana A Year Ago, You Would Have Whopping $1.65M TodayApril 23, 2024 | prnewswire.comEmeren Group and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy with 2.83 GWh CapacityApril 19, 2024 | msn.comCrypto Analyst Bullish On This Solana-Based Meme Coin Amid Market Downturn: 'This Will Prove To Be A Great Entry In Time'April 19, 2024 | prnewswire.comEmeren Group Announces Receipt of Notice of Late Filing from NYSEApril 16, 2024 | morningstar.comEmeren Group Ltd ADRSee More Headlines Receive SOL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Emeren Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/28/2024Today5/28/2024Next Earnings (Estimated)8/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:SOL CUSIPN/A CIK1417892 Webwww.renesolapower.com Phone(347) 577-9055Fax347-577-9985Employees197Year Founded2005Price Target and Rating Average Stock Price Target$5.38 High Stock Price Target$8.00 Low Stock Price Target$1.50 Potential Upside/Downside+193.7%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.26) Trailing P/E RatioN/A Forward P/E Ratio6.10 P/E GrowthN/ANet Income$-9,320,000.00 Net Margins-12.70% Pretax Margin-2.19% Return on Equity-0.88% Return on Assets-0.69% Debt Debt-to-Equity Ratio0.06 Current Ratio5.40 Quick Ratio5.40 Sales & Book Value Annual Sales$104.67 million Price / Sales1.05 Cash Flow$0.16 per share Price / Cash Flow11.23 Book Value$6.45 per share Price / Book0.28Miscellaneous Outstanding Shares60,220,000Free Float49,372,000Market Cap$110.20 million OptionableOptionable Beta1.80 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Yumin Liu (Age 61)CEO & Director Mr. Ke Chen (Age 50)Chief Financial Officer Mr. Chee Loong Cheah (Age 59)Chief Investment Officer & Executive VP of Europe Mr. Johnny PanInvestor RelationsXin WangCompliance DirectorJake SnowHuman Resources DirectorMr. Mac MooreExecutive Vice President of North AmericaMr. KaiKai ZhangExecutive Vice President of ChinaSuzanne WilsonSecretary to the BoardFei WangVice President of FinanceMore ExecutivesKey CompetitorsSkyWater TechnologyNASDAQ:SKYTNVENASDAQ:NVECArterisNASDAQ:AIPTransphormNASDAQ:TGANValens SemiconductorNYSE:VLNView All CompetitorsInsiders & InstitutionsMonaco Asset Management SAMBought 337,650 shares on 5/9/2024Ownership: 1.943%GSA Capital Partners LLPBought 66,284 shares on 5/3/2024Ownership: 1.241%Harel Insurance Investments & Financial Services Ltd.Sold 6,015 shares on 4/30/2024Ownership: 0.068%Quadrature Capital LtdSold 33,633 shares on 3/25/2024Ownership: 0.043%Shah Capital ManagementBought 252,205 shares on 12/11/2023Total: $605,292.00 ($2.40/share)View All Insider TransactionsView All Institutional Transactions SOL Stock Analysis - Frequently Asked Questions Should I buy or sell Emeren Group stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Emeren Group in the last twelve months. There are currently 2 sell ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SOL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOL, but not buy additional shares or sell existing shares. View SOL analyst ratings or view top-rated stocks. What is Emeren Group's stock price target for 2024? 5 analysts have issued 1 year target prices for Emeren Group's stock. Their SOL share price targets range from $1.50 to $8.00. On average, they predict the company's stock price to reach $5.38 in the next twelve months. This suggests a possible upside of 193.7% from the stock's current price. View analysts price targets for SOL or view top-rated stocks among Wall Street analysts. How have SOL shares performed in 2024? Emeren Group's stock was trading at $2.73 at the beginning of 2024. Since then, SOL stock has decreased by 33.0% and is now trading at $1.83. View the best growth stocks for 2024 here. When is Emeren Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 29th 2024. View our SOL earnings forecast. How were Emeren Group's earnings last quarter? Emeren Group Ltd (NYSE:SOL) posted its quarterly earnings data on Thursday, March, 28th. The semiconductor company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.06. The semiconductor company had revenue of $44 million for the quarter, compared to the consensus estimate of $39.22 million. Emeren Group had a negative net margin of 12.70% and a negative trailing twelve-month return on equity of 0.88%. What ETF holds Emeren Group's stock? ProShares S&P Kensho Cleantech ETF holds 17,217 shares of SOL stock, representing 0.99% of its portfolio. When did Emeren Group's stock split? Emeren Group shares reverse split on Friday, February 10th 2017. The 1-5 reverse split was announced on Monday, January 30th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, February 9th 2017. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. What guidance has Emeren Group issued on next quarter's earnings? Emeren Group issued an update on its second quarter 2024 earnings guidance on Friday, May, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of 20.000-23.000, compared to the consensus revenue estimate of $33.5 million. What is Xian Shou Li's approval rating as Emeren Group's CEO? 34 employees have rated Emeren Group Chief Executive Officer Xian Shou Li on Glassdoor.com. Xian Shou Li has an approval rating of 28% among the company's employees. This puts Xian Shou Li in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Emeren Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Emeren Group investors own include Co-Diagnostics (CODX), Inovio Pharmaceuticals (INO), Nokia Oyj (NOK), FuelCell Energy (FCEL), Advanced Micro Devices (AMD), SunPower (SPWR), VBI Vaccines (VBIV), First Solar (FSLR), Onconova Therapeutics (ONTX) and OPKO Health (OPK). Who are Emeren Group's major shareholders? Emeren Group's stock is owned by many different retail and institutional investors. Top institutional investors include Monaco Asset Management SAM (1.94%), GSA Capital Partners LLP (1.24%) and Harel Insurance Investments & Financial Services Ltd. (0.07%). View institutional ownership trends. How do I buy shares of Emeren Group? Shares of SOL 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. Compare Top Brokerages Here. Does Emeren Group have any subsidiaries? The following companies are subsidiares of Emeren Group: ET Cap PA Holdings LLC (“PA Holdings”) and ET Cap CA Holdings LLC (“CA Holdings”), Nova Development Management, RE PV S.à r.l., RENESOLA SPAIN S.L., ReneSola Consulting (Shanghai) Co. Ltd, ReneSola Investment Management Ltd., ReneSola New Energy S.à r.l, ReneSola Power Canada, ReneSola Power Holdings LLC., Renesola (Zhejiang) PV Power Co. Ltd., Renesola Germany GmbH, Renesola Poksla sp. z o.o., Renesola Power Italy, Renesola Power UK LTD, Renesola Szolgáltató és Kivitelező Kft., Renesolapower France, Sichuan Bobo Electric Power Engineering Ltd., and Zhejiang ReneSola Investment Ltd.Read More This page (NYSE:SOL) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersThe 7th Trillion Dollar Company?The Oxford ClubThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsElon to Transform U.S. Economy? Porter & Company[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Crypto 101 MediaDigitizing the $11T commodities sector with one tiny stockResource Stock DigestTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesWARNING about the death of the U.S. dollar…Colonial Metals Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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