SolarBank Co. (NASDAQ:SUUN - Free Report) - Zacks Small Cap lowered their FY2025 earnings per share estimates for SolarBank in a research report issued on Monday, May 19th. Zacks Small Cap analyst B. Lantier now expects that the company will post earnings per share of ($0.18) for the year, down from their prior estimate of ($0.01). The consensus estimate for SolarBank's current full-year earnings is ($0.04) per share. Zacks Small Cap also issued estimates for SolarBank's Q4 2025 earnings at $0.02 EPS, Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at ($0.05) EPS and Q4 2026 earnings at $0.10 EPS.
Several other research firms have also recently weighed in on SUUN. Alliance Global Partners assumed coverage on SolarBank in a research note on Wednesday, April 23rd. They set a "buy" rating on the stock. HC Wainwright reiterated a "buy" rating and set a $6.00 price target on shares of SolarBank in a report on Tuesday, March 18th.
View Our Latest Stock Report on SUUN
SolarBank Stock Down 9.7%
NASDAQ:SUUN traded down $0.17 on Thursday, hitting $1.59. 175,218 shares of the company's stock traded hands, compared to its average volume of 106,504. The company has a current ratio of 0.91, a quick ratio of 0.68 and a debt-to-equity ratio of 0.92. SolarBank has a 1 year low of $1.58 and a 1 year high of $6.65. The firm has a 50-day moving average price of $2.29 and a 200-day moving average price of $2.80. The company has a market cap of $51.42 million and a PE ratio of -7.23.
SolarBank (NASDAQ:SUUN - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.12). The company had revenue of $6.27 million during the quarter, compared to analysts' expectations of $20.50 million. SolarBank had a negative return on equity of 15.19% and a negative net margin of 10.64%.
Institutional Investors Weigh In On SolarBank
An institutional investor recently bought a new position in SolarBank stock. Baader Bank Aktiengesellschaft purchased a new stake in shares of SolarBank Co. (NASDAQ:SUUN - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 14,342 shares of the company's stock, valued at approximately $35,000.
About SolarBank
(
Get Free Report)
SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects.
See Also
Before you consider SolarBank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SolarBank wasn't on the list.
While SolarBank currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
