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: Semiconductor - Specialized
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CSIQ
  • CUSIP: N/A
  • Web: www.canadiansolar.com
Capitalization:
  • Market Cap: $765.7 million
  • Outstanding Shares: 57,832,000
Average Prices:
  • 50 Day Moving Avg: $13.25
  • 200 Day Moving Avg: $12.75
  • 52 Week Range: $10.25 - $18.90
P/E:
  • Trailing P/E Ratio: 11.82
  • Foreward P/E Ratio: 7.83
  • P/E Growth: 0.25
Sales & Book Value:
  • Annual Revenue: $2.85 billion
  • Price / Sales: 0.27
  • Book Value: $15.30 per share
  • Price / Book: 0.87
Profitability:
  • EBIDTA: $152.51 million
  • Net Margins: 4.26%
  • Return on Equity: 15.60%
  • Return on Assets: 2.90%
Debt:
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 1.11%
  • Quick Ratio: 1.02%
Misc:
  • Average Volume: 1.23 million shs.
  • Beta: 2.78
  • Short Ratio: 4.46
 

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) announced its quarterly earnings results on Tuesday, March, 21st. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.08. The business earned $668.40 million during the quarter, compared to analysts' expectations of $698.57 million. Canadian Solar had a net margin of 4.26% and a return on equity of 15.60%. The firm's revenue for the quarter was down 40.3% on a year-over-year basis. During the same period last year, the company earned $1.05 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 Tuesday, June, 6th 2017. View Earnings Estimates for Canadian Solar.

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

11 analysts have issued 12 month target prices for Canadian Solar's stock. Their predictions range from $12.00 to $31.00. On average, they anticipate Canadian Solar's stock price to reach $18.13 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 DnB Asset Management AS (0.00%), Ruffer LLP (1.57%), Prescott Group Capital Management L.L.C. (1.12%), Bank of America Corp DE (0.85%), SG Americas Securities LLC (0.30%) and Gabelli Funds LLC (0.27%). 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 Cipher Capital LP, Gabelli Funds LLC, Prescott Group Capital Management L.L.C., Morgan Stanley, Ruffer LLP, Commerzbank Aktiengesellschaft FI, DnB Asset Management AS and Tradition Capital Management LLC. View Insider Buying and Selling for Canadian Solar.

Who bought Canadian Solar stock? Who is buying Canadian Solar stock?

Canadian Solar's stock was acquired by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Bank of America Corp DE, Cambridge Investment Research Advisors Inc., Paloma Partners Management Co, Trellus Management Company LLC, Wedbush Securities Inc., Raymond James Financial Services Advisors Inc. and Geode Capital Management 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 $13.24.


MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  337 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  509
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) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: $18.13 (36.93% upside)

Analysts' Ratings History for Canadian Solar (NASDAQ:CSIQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/20/2017Oppenheimer Holdings Inc.Reiterated RatingOutperform$31.00LowView Rating Details
4/17/2017Axiom SecuritiesInitiated CoverageBuy$18.00LowView Rating Details
3/22/2017Roth CapitalSet Price TargetHold$12.00MediumView Rating Details
3/22/2017JPMorgan Chase & Co.Lower Price TargetNeutral$16.00 -> $14.00HighView Rating Details
3/22/2017FBR & CoReiterated RatingMkt Perform -> Mkt Perform$12.00 -> $13.00HighView 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
8/25/2016Cowen and CompanyInitiated CoverageOutperform$28.50N/AView Rating Details
8/24/2016Barclays PLCDowngradeOverweight -> Equal Weight$24.00 -> $14.00N/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 5/29/2015 forward)

Earnings

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
6/6/2017        
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)

Estimates

Earnings Estimates for Canadian Solar (NASDAQ:CSIQ)
2017 EPS Consensus Estimate: $2.16
2018 EPS Consensus Estimate: $33.95
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.21)$0.37$0.14
Q2 20173$0.25$0.57$0.37
Q3 20173$0.47$0.93$0.72
Q4 20173$0.53$1.41$0.93
Q1 20182($0.01)$0.42$0.21
Q2 20182$0.28$65.00$32.64
Q3 20182$0.33$0.67$0.50
Q4 20182$0.37$0.83$0.60
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Canadian Solar (NASDAQ:CSIQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Canadian Solar (NASDAQ:CSIQ)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Canadian Solar (NASDAQ:CSIQ)
Latest Headlines for Canadian Solar (NASDAQ:CSIQ)
Source:
DateHeadline
fool.com logoHere's Why The Worst Is Yet to Come for Canadian Solar Inc.
www.fool.com - May 24 at 4:23 PM
finance.yahoo.com logoHere's Why The Worst Is Yet to Come for Canadian Solar Inc.
finance.yahoo.com - May 24 at 4:23 PM
finance.yahoo.com logoETFs with exposure to Canadian Solar, Inc. : May 18, 2017
finance.yahoo.com - May 18 at 4:27 PM
finance.yahoo.com logoCanadian Solar, Inc. breached its 50 day moving average in a Bearish Manner : CSIQ-US : May 17, 2017
finance.yahoo.com - May 17 at 11:25 AM
finance.yahoo.com logoCanadian Solar, Inc. :CSIQ-US: Earnings Analysis: Q4, 2016 By the Numbers : May 16, 2017
finance.yahoo.com - May 16 at 12:14 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Expected to Post Quarterly Sales of $579.59 Million
www.americanbankingnews.com - May 13 at 7:38 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 12 at 7:00 PM
finance.yahoo.com logoCanadian Solar Announces Investment in eNow Solar-Based Power Management for Commercial Transportation
finance.yahoo.com - May 12 at 3:13 AM
americanbankingnews.com logo$0.01 EPS Expected for Canadian Solar Inc. (CSIQ) This Quarter
www.americanbankingnews.com - May 11 at 8:20 PM
prnewswire.com logoCanadian Solar Announces Investment in eNow Solar-Based Power Management for Commercial Transportation - PR Newswire (press release)
www.prnewswire.com - May 11 at 5:10 PM
finance.yahoo.com logoCanadian Solar Schedules First Quarter 2017 Earnings Conference Call on June 6
finance.yahoo.com - May 9 at 4:29 PM
prnewswire.com logoCanadian Solar Schedules First Quarter 2017 Earnings Conference Call on June 6 - PR Newswire (press release)
www.prnewswire.com - May 9 at 8:01 AM
finance.yahoo.com logoCanadian Solar Appoints Ty Daul as Vice President, Americas, Energy Group
finance.yahoo.com - May 3 at 4:29 PM
prnewswire.com logoCanadian Solar Appoints Ty Daul as Vice President, Americas, Energy Group - PR Newswire (press release)
www.prnewswire.com - May 3 at 8:06 AM
finance.yahoo.com logoCanadian Solar Secures AUD65 Million Project Financing for Its 47MWp Solar Power Projects in Australia
finance.yahoo.com - May 2 at 8:03 PM
americanbankingnews.com logoCanadian Solar (CSIQ) Getting Favorable News Coverage, Report Shows
www.americanbankingnews.com - May 2 at 3:22 PM
finance.yahoo.com logoCanadian Solar, Inc. breached its 50 day moving average in a Bearish Manner : CSIQ-US : May 1, 2017
finance.yahoo.com - May 1 at 4:28 PM
americanbankingnews.com logoCanadian Solar (CSIQ) Earning Somewhat Positive News Coverage, Report Finds
www.americanbankingnews.com - April 29 at 10:56 AM
prnewswire.com logoCanadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2016 - PR Newswire (press release)
www.prnewswire.com - April 28 at 3:06 AM
finance.yahoo.com logoCanadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2016
finance.yahoo.com - April 27 at 5:04 PM
finance.yahoo.com logoCanadian Solar Supplies 10 MW of Modules to the Largest Solar Project in Uganda
finance.yahoo.com - April 27 at 2:00 AM
americanbankingnews.com logoCanadian Solar (CSIQ) Earning Favorable News Coverage, Report Finds
www.americanbankingnews.com - April 26 at 8:43 AM
americanbankingnews.com logoCanadian Solar (CSIQ) Given Daily Media Sentiment Rating of -0.03
www.americanbankingnews.com - April 23 at 11:25 AM
americanbankingnews.com logo Brokerages Anticipate Canadian Solar Inc. (CSIQ) Will Announce Quarterly Sales of $579.59 Million
www.americanbankingnews.com - April 23 at 10:32 AM
finance.yahoo.com logoCanadian Solar (CSIQ) Up 12.5% Since Earnings Report: Can It Continue?
finance.yahoo.com - April 21 at 11:51 AM
finance.yahoo.com logoBear of the Day: Canadian Solar (CSIQ)
finance.yahoo.com - April 21 at 11:51 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Impact Canadian Solar (CSIQ) Share Price
www.americanbankingnews.com - April 20 at 8:59 PM
finance.yahoo.com logoAre Options Traders Betting on a Big Move in Canadian Solar (CSIQ) Stock?
finance.yahoo.com - April 20 at 4:40 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Given Outperform Rating at Oppenheimer Holdings Inc.
www.americanbankingnews.com - April 20 at 11:02 AM
americanbankingnews.com logoShort Interest in Canadian Solar Inc. (CSIQ) Increases By 11.3%
www.americanbankingnews.com - April 18 at 9:36 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 17 at 6:58 PM
finance.yahoo.com logoCanadian Solar Gains on Bullish View From Biggest Solar Bear
finance.yahoo.com - April 17 at 4:17 PM
finance.yahoo.com logoTop Solar Analyst Likens Canadian Solar To SunPower, First Solar From 2012
finance.yahoo.com - April 17 at 4:17 PM
finance.yahoo.com logoPreMarket Prep For April 17: Canadian Solar Finally Gets A Bullish Voice
finance.yahoo.com - April 17 at 4:17 PM
finance.yahoo.com logoCanadian Solar May See Sunnier Days Ahead
finance.yahoo.com - April 17 at 4:17 PM
247wallst.com logoTop Analyst Upgrades and Downgrades: Canadian Solar, Constellation Brands, Eli Lilly, Incyte, McDonald's, Snap and ... - 24/7 Wall St.
247wallst.com - April 17 at 12:01 PM
benzinga.com logoTop Solar Analyst Likens Canadian Solar To SunPower, First Solar From 2012 - Benzinga
www.benzinga.com - April 17 at 12:01 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Now Covered by Analysts at Axiom Securities
www.americanbankingnews.com - April 17 at 10:34 AM
americanbankingnews.com logoCanadian Solar (CSIQ) Earning Somewhat Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 17 at 9:40 AM
americanbankingnews.com logoCanadian Solar (CSIQ) Receiving Somewhat Critical News Coverage, Study Shows
www.americanbankingnews.com - April 14 at 3:32 PM
finance.yahoo.com logoYingli Green (YGE) Reports Wider-than-Expected Loss in Q4
finance.yahoo.com - April 13 at 11:46 AM
finance.yahoo.com logoCanadian Solar, Inc. – Value Analysis (NASDAQ:CSIQ) : April 12, 2017
finance.yahoo.com - April 12 at 4:33 PM
streetinsider.com logoCanadian Solar (CSIQ) Completes Sale of Two Solar Power Plants in China - StreetInsider.com
www.streetinsider.com - April 12 at 8:18 AM
fool.com logo4 Things You Didn't Know About Canadian Solar Inc. - Motley Fool
www.fool.com - April 11 at 11:08 PM
finance.yahoo.com logoCanadian Solar, Inc. breached its 50 day moving average in a Bullish Manner : CSIQ-US : April 11, 2017
finance.yahoo.com - April 11 at 1:03 PM
finance.yahoo.com logo4 Things You Didn't Know About Canadian Solar Inc.
finance.yahoo.com - April 11 at 1:03 PM
fool.com logo4 Things You Didn't Know About Canadian Solar Inc.
www.fool.com - April 11 at 10:34 AM
fool.com logoWhy Shares of Canadian Solar Inc. Plunged 17% in March
www.fool.com - April 11 at 9:04 AM
us.rd.yahoo.com logoCanadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan
us.rd.yahoo.com - April 3 at 4:57 PM
us.rd.yahoo.com logoPost Earnings Coverage as Post Earnings Coverage as Canadian Solar Reported Q4 FY16 and Full Year 2016 Annual Results
us.rd.yahoo.com - April 3 at 4:57 PM

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Chart

Canadian Solar (CSIQ) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff