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Canadian Solar Stock Price, Forecast & Analysis (NASDAQ:CSIQ)

$14.95
-0.12 (-0.80 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$14.90
Now: $14.95
$15.93
50-Day Range
$14.65
MA: $17.90
$19.84
52-Week Range
$13.46
Now: $14.95
$25.89
Volume1.55 million shs
Average Volume1.01 million shs
Market Capitalization$888.63 million
P/E Ratio4.56
Dividend YieldN/A
Beta2.02
Canadian Solar Inc, together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company operates through two segments, Module and System Solutions, and Energy. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems. Read More…

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:CSIQ
CUSIPN/A
Phone519-837-1881

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.74 billion
Cash Flow$5.62 per share
Book Value$22.97 per share

Profitability

Net Income$237.07 million

Miscellaneous

Employees12,442
Market Cap$888.63 million
Next Earnings Date3/19/2020 (Estimated)
OptionableOptionable

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Canadian Solar (NASDAQ:CSIQ) Frequently Asked Questions

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) posted its quarterly earnings data on Tuesday, November, 12th. The solar energy provider reported $0.66 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.88 by $0.22. The solar energy provider earned $759.90 million during the quarter, compared to analysts' expectations of $799.55 million. Canadian Solar had a return on equity of 12.91% and a net margin of 6.77%. The firm's revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.09 EPS. View Canadian Solar's Earnings History.

When is Canadian Solar's next earnings date?

Canadian Solar is scheduled to release their next quarterly earnings announcement on Thursday, March 19th 2020. View Earnings Estimates for Canadian Solar.

What price target have analysts set for CSIQ?

6 brokerages have issued 1 year price objectives for Canadian Solar's stock. Their forecasts range from $19.00 to $32.00. On average, they expect Canadian Solar's share price to reach $25.20 in the next year. This suggests a possible upside of 68.6% from the stock's current price. View Analyst Price Targets for Canadian Solar.

What is the consensus analysts' recommendation for Canadian Solar?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canadian Solar.

Has Canadian Solar been receiving favorable news coverage?

Media coverage about CSIQ stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Canadian Solar earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the solar energy provider a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the next several days. View News Stories for Canadian Solar.

Are investors shorting Canadian Solar?

Canadian Solar saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,280,000 shares, an increase of 7.2% from the September 15th total of 3,060,000 shares. Based on an average daily trading volume, of 721,800 shares, the days-to-cover ratio is currently 4.5 days. Currently, 7.2% of the company's shares are sold short. View Canadian Solar's Current Options Chain.

Who are some of Canadian Solar's key competitors?

What other stocks do shareholders of Canadian Solar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Solar investors own include First Solar (FSLR), Tesla (TSLA), Micron Technology (MU), Ambarella (AMBA), Netflix (NFLX), SunPower (SPWR), JinkoSolar (JKS), Gilead Sciences (GILD), NVIDIA (NVDA) and Twitter (TWTR).

Who are Canadian Solar's key executives?

Canadian Solar's management team includes the folowing people:
  • Dr. Xiaohua Qu, Chairman, Pres & CEO (Age 55)
  • Mr. Arthur Chien, Sr. VP, Chief Strategy Officer & Pres of Energy Bus. (Age 58)
  • Mr. Yan Zhuang, Sr. VP, Chief Commercial Officer and Pres of Modules & Systems Solutions Bus. (Age 55)
  • Dr. Huifeng Chang, Sr. VP & CFO (Age 53)
  • Mr. Guangchun Zhang, Sr. VP & COO (Age 62)

Who are Canadian Solar's major shareholders?

Canadian Solar's stock is owned by a number of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.40%), Assenagon Asset Management S.A. (0.39%), Hussman Strategic Advisors Inc. (0.30%), Hennessy Advisors Inc. (0.25%), California Public Employees Retirement System (0.18%) and First Trust Advisors LP (0.10%).

Which major investors are selling Canadian Solar stock?

CSIQ stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Janney Montgomery Scott LLC, Systematic Financial Management LP, Eqis Capital Management Inc., Hennessy Advisors Inc. and Tower Research Capital LLC TRC .

Which major investors are buying Canadian Solar stock?

CSIQ stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Hussman Strategic Advisors Inc., California Public Employees Retirement System, Lau Associates LLC, Campbell & CO Investment Adviser LLC, Commonwealth Equity Services LLC, SG Americas Securities LLC and Tradition Asset Management LLC.

How do I buy shares of Canadian Solar?

Shares of CSIQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Canadian Solar's stock price today?

One share of CSIQ stock can currently be purchased for approximately $14.95.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $888.63 million and generates $3.74 billion in revenue each year. The solar energy provider earns $237.07 million in net income (profit) each year or $3.28 on an earnings per share basis. Canadian Solar employs 12,442 workers across the globe.View Additional Information About Canadian Solar.

What is Canadian Solar's official website?

The official website for Canadian Solar is http://www.canadiansolar.com/.

How can I contact Canadian Solar?

Canadian Solar's mailing address is 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, 215129. The solar energy provider can be reached via phone at 519-837-1881 or via email at [email protected]


MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  475 (Vote Outperform)
Underperform Votes:  612 (Vote Underperform)
Total Votes:  1,087
MarketBeat's community ratings are surveys of what our community members think about Canadian Solar and other stocks. Vote "Outperform" if you believe CSIQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSIQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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