Canadian Solar Company Profile (NASDAQ:CSIQ)

About Canadian Solar (NASDAQ:CSIQ)

Canadian Solar logoCanadian Solar Inc. is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment. It designs, develops and manufactures solar wafers, solar cells and solar power products. The module segment primarily involves the design, development, manufacturing and sale of a range of solar power products, including standard solar modules and specialty solar products, and solar system kits. Its energy development segment consists of solar power project development, engineering, procurement and construction services, and operation and maintenance services. Its electricity generation segment consists of holding solar power projects for the purpose of generating income from the sale of electricity to the local or national grid or other power purchasers.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Photovoltaic Solar Systems & Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CSIQ
  • CUSIP: N/A
  • Web:
  • Market Cap: $951.49 million
  • Outstanding Shares: 57,947,000
Average Prices:
  • 50 Day Moving Avg: $16.35
  • 200 Day Moving Avg: $15.10
  • 52 Week Range: $10.25 - $18.12
  • Trailing P/E Ratio: 38.91
  • Foreward P/E Ratio: 9.22
  • P/E Growth: 0.29
Sales & Book Value:
  • Annual Revenue: $2.7 billion
  • Price / Sales: 0.35
  • Book Value: $16.00 per share
  • Price / Book: 1.03
  • EBITDA: $150.16 million
  • Net Margins: 1.01%
  • Return on Equity: 1.71%
  • Return on Assets: 0.29%
  • Debt-to-Equity Ratio: 0.42%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.88%
  • Average Volume: 1.14 million shs.
  • Beta: 3.15
  • Short Ratio: 4.31

Frequently Asked Questions for Canadian Solar (NASDAQ:CSIQ)

What is Canadian Solar's stock symbol?

Canadian Solar trades on the NASDAQ under the ticker symbol "CSIQ."

How were Canadian Solar's earnings last quarter?

Canadian Solar Inc. (NASDAQ:CSIQ) issued its earnings results on Monday, August, 14th. The company reported ($0.15) EPS for the quarter, beating the Zacks' consensus estimate of ($0.16) by $0.01. The business had revenue of $692.37 million for the quarter, compared to the consensus estimate of $631.05 million. Canadian Solar had a net margin of 1.01% and a return on equity of 1.71%. The business's revenue for the quarter was down 14.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 EPS. View Canadian Solar's Earnings History.

When will Canadian Solar make its next earnings announcement?

Canadian Solar is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Canadian Solar.

Where is Canadian Solar's stock going? Where will Canadian Solar's stock price be in 2017?

9 equities research analysts have issued 1 year price targets for Canadian Solar's shares. Their predictions range from $12.00 to $31.00. On average, they anticipate Canadian Solar's stock price to reach $17.29 in the next year. View Analyst Ratings for Canadian Solar.

Who are some of Canadian Solar's key competitors?

Who are Canadian Solar's key executives?

Canadian Solar's management team includes the folowing people:

  • Xiaohua Qu Ph.D., Chairman of the Board, President, Chief Executive Officer
  • Huifeng Chang, Chief Financial Officer, Senior Vice President
  • Guangchun Zhang, Chief Operation Officer
  • Jianyi Zhang, Senior Vice President, Chief Compliance Officer, General Counsel
  • Yan Zhuang, Senior Vice President, Chief Commercial Officer
  • Ty Daulhas, Group Vice President, Americas
  • Robert McDermott, Lead Independent Director
  • Lars-Eric E. Johansson, Independent Director
  • Harry E. Ruda, Independent Director
  • Luen Cheung Wong, Independent Director

Who owns Canadian Solar stock?

Canadian Solar's stock is owned by a number of of institutional and retail investors. Top institutional investors include Trellus Management Company LLC (0.03%). View Institutional Ownership Trends for Canadian Solar.

Who sold Canadian Solar stock? Who is selling Canadian Solar stock?

Canadian Solar's stock was sold by a variety of institutional investors in the last quarter, including Trellus Management Company LLC. View Insider Buying and Selling for Canadian Solar.

How do I buy Canadian Solar stock?

Shares of Canadian Solar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Canadian Solar's stock price today?

One share of Canadian Solar stock can currently be purchased for approximately $16.42.

MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  377 (Vote Outperform)
Underperform Votes:  447 (Vote Underperform)
Total Votes:  824
MarketBeat's community ratings are surveys of what our community members think about Canadian Solar and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Canadian Solar (NASDAQ:CSIQ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $17.29 (5.27% upside)
Consensus Price Target History for Canadian Solar (NASDAQ:CSIQ)
Price Target History for Canadian Solar (NASDAQ:CSIQ)
Analysts' Ratings History for Canadian Solar (NASDAQ:CSIQ)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/22/2017Cowen and CompanyReiterated RatingHold$17.00N/AView Rating Details
8/26/2017Axiom SecuritiesReiterated RatingBuyLowView Rating Details
8/21/2017Barclays PLCDowngradeEqual Weight -> Underweight$12.00 -> $14.00HighView Rating Details
8/15/2017FBR & CoReiterated RatingNeutral$13.00 -> $15.00MediumView Rating Details
4/20/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$31.00LowView Rating Details
3/22/2017Roth CapitalSet Price TargetHold$12.00MediumView Rating Details
3/22/2017J P Morgan Chase & CoLower Price TargetNeutral$16.00 -> $14.00HighView Rating Details
12/21/2016GuggenheimReiterated RatingNeutralN/AView Rating Details
11/22/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
9/6/2016Standpoint ResearchReiterated RatingBuy$18.00N/AView Rating Details
8/19/2016Canaccord GenuitySet Price TargetBuy$29.00 -> $20.00N/AView Rating Details
8/3/2016Morgan StanleyDowngradeOverweight -> Underweight$24.00 -> $12.80N/AView Rating Details
3/29/2016Stifel NicolausReiterated RatingBuy$28.00N/AView Rating Details
3/16/2016Northland SecuritiesInitiated CoverageOutperform$36.00N/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Canadian Solar (NASDAQ:CSIQ)
Earnings by Quarter for Canadian Solar (NASDAQ:CSIQ)
Earnings History by Quarter for Canadian Solar (NASDAQ CSIQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017$0.26N/AView Earnings Details
8/14/20176/30/2017($0.16)($0.15)$631.05 million$692.37 millionViewN/AView Earnings Details
6/6/20173/31/2017$0.04($0.10)$580.45 million$677.00 millionViewListenView Earnings Details
3/21/201712/31/2016$0.32$0.24$698.57 million$668.40 millionViewListenView Earnings Details
11/21/2016Q316$0.24$0.27$685.28 million$657.30 millionViewListenView Earnings Details
8/18/2016Q216$0.37$0.68$735.82 million$805.90 millionViewListenView Earnings Details
5/11/2016Q116$0.14$0.39$663.74 million$721.40 millionViewListenView Earnings Details
3/10/2016Q415$0.76$1.05$998.49 million$1.12 billionViewListenView Earnings Details
11/10/2015Q315$0.28$0.79$616.09 million$849.80 millionViewListenView Earnings Details
8/18/2015Q215$0.13$0.31$592.50 million$636.70 millionViewListenView Earnings Details
5/7/2015Q115$0.75$1.04$735.12 million$860.90 millionViewListenView Earnings Details
3/5/2015Q414$1.34$1.28$953.94 million$956.20 millionViewListenView Earnings Details
11/12/2014Q314$1.15$1.58$803.24 million$914.40 millionViewListenView Earnings Details
8/13/2014Q214$0.58$0.95$577.65 million$623.80 millionViewListenView Earnings Details
5/16/2014Q114$0.12$0.07$431.98 million$466.30 millionViewListenView Earnings Details
3/5/2014Q413$0.52$0.39$535.88 million$519.50 millionViewListenView Earnings Details
11/13/2013Q313$0.36$0.58$480.10 million$490.90 millionViewListenView Earnings Details
8/8/2013Q2 2013($0.20)($0.29)$419.83 million$380.40 millionViewListenView Earnings Details
5/28/2013Q1 2013($0.78)($0.10)$221.00 million$263.60 millionViewN/AView Earnings Details
3/11/2013Q4 2012($0.95)($1.01)$318.53 million$294.80 millionViewListenView Earnings Details
11/15/2012Q312($0.66)($1.01)$355.13 million$326.00 millionViewN/AView Earnings Details
8/15/2012($0.33)($0.59)ViewN/AView Earnings Details
5/10/2012($0.53)($0.49)ViewN/AView Earnings Details
3/7/2012($0.39)($1.39)ViewN/AView Earnings Details
11/22/2011($0.51)($1.02)ViewN/AView Earnings Details
8/17/2011$0.27$0.16ViewN/AView Earnings Details
5/12/2011$0.41$0.13ViewN/AView Earnings Details
3/10/2011$0.65$0.58ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Canadian Solar (NASDAQ:CSIQ)
2017 EPS Consensus Estimate: $1.71
2018 EPS Consensus Estimate: $33.93
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.21)$0.37$0.14
Q2 20173($0.14)$0.57$0.11
Q3 20173$0.39$0.68$0.51
Q4 20173$0.53$1.20$0.95
Q1 20182$0.06$0.42$0.24
Q2 20182$0.04$65.00$32.52
Q3 20182$0.33$0.65$0.49
Q4 20182$0.37$0.98$0.68
(Data provided by Zacks Investment Research)


Dividend History for Canadian Solar (NASDAQ:CSIQ)
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Insider Trades

Insider Trading History for Canadian Solar (NASDAQ:CSIQ)
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Headline Trends for Canadian Solar (NASDAQ:CSIQ)
Latest Headlines for Canadian Solar (NASDAQ:CSIQ)
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Canadian Solar (CSIQ) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by Staff

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