JinkoSolar (JKS) Stock Price, News & Analysis

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last twelve months. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" JKS shares.
View JKS analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 12 month target prices for JinkoSolar's shares. Their JKS share price targets range from $23.00 to $30.00. On average, they expect the company's stock price to reach $26.60 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for JKS or view top-rated stocks among Wall Street analysts.

JinkoSolar's stock was trading at $36.94 at the beginning of 2024. Since then, JKS stock has decreased by 33.0% and is now trading at $24.75.
View the best growth stocks for 2024 here.

JinkoSolar saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,110,000 shares, an increase of 12.3% from the April 15th total of 2,770,000 shares. Based on an average daily volume of 847,200 shares, the days-to-cover ratio is presently 3.7 days.
View JinkoSolar's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our JKS earnings forecast.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced its quarterly earnings results on Wednesday, March, 20th. The semiconductor company reported $1.21 EPS for the quarter, missing the consensus estimate of $2.32 by $1.11. The semiconductor company earned $4.62 billion during the quarter, compared to analysts' expectations of $4.08 billion. JinkoSolar had a net margin of 2.74% and a trailing twelve-month return on equity of 11.12%.

JinkoSolar declared a -- dividend on Tuesday, September 26th. Shareholders of record on Friday, November 24th will be given a dividend of $1.50 per share on Wednesday, December 13th. The ex-dividend date is Wednesday, November 22nd.
Read our dividend analysis for JKS.

JinkoSolar (NYSE:JKS) pays an annual dividend of $1.48 per share and currently has a dividend yield of 6.24%. JKS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JKS will have a dividend payout ratio of 19.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JKS.

ETFs with the largest weight of JinkoSolar (NYSE:JKS) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), Invesco Solar ETF (TAN), Global X Clean Tech ETF (CTEC), Invesco WilderHill Clean Energy ETF (PBW), Fidelity Clean Energy ETF (FRNW), AXS Green Alpha ETF (NXTE) and iShares MSCI China Small-Cap ETF (ECNS).

JinkoSolar declared that its board has authorized a share repurchase program on Wednesday, July 6th 2022, which allows the company to buyback $0.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

14 employees have rated JinkoSolar Chief Executive Officer Kangping Chen on Glassdoor.com. Kangping Chen has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Canadian Solar (CSIQ), Micron Technology (MU), Netflix (NFLX), First Solar (FSLR), Gilead Sciences (GILD), Intel (INTC) and Advanced Micro Devices (AMD).

JinkoSolar's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (2.99%), GSA Capital Partners LLP (0.15%), Green Alpha Advisors LLC (0.14%), Mirae Asset Global Investments Co. Ltd. (0.10%), Simplex Trading LLC (0.00%) and BNP Paribas Financial Markets (0.06%).

Shares of JKS 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.
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