Canadian Solar Company Profile (NASDAQ:CSIQ)

About Canadian Solar

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
  • Exchange: NASDAQ
  • Symbol: CSIQ
  • CUSIP:
Key Metrics:
  • Previous Close: $14.70
  • 50 Day Moving Average: $12.75
  • 200 Day Moving Average: $12.99
  • 52-Week Range: $10.25 - $23.56
  • Trailing P/E Ratio: 6.19
  • Foreward P/E Ratio: 7.95
  • P/E Growth: -0.26
  • Market Cap: $857.43M
  • Outstanding Shares: 57,778,000
  • Beta: 2.78
Profitability:
  • 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%
Additional Links:
Companies Related to Canadian Solar:

Analyst Ratings

Consensus Ratings for Canadian Solar (NASDAQ:CSIQ) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $21.94 (49.23% upside)

Analysts' Ratings History for Canadian Solar (NASDAQ:CSIQ)
Show:
DateFirmActionRatingPrice TargetDetails
2/22/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$15.36 -> $16.00View Rating Details
12/21/2016GuggenheimReiterated RatingNeutralView Rating Details
11/22/2016JMP SecuritiesReiterated RatingHoldView Rating Details
11/22/2016Roth CapitalReiterated RatingBuy -> Neutral$20.00 -> $11.00View Rating Details
11/22/2016FBR & CoDowngradeOutperform -> Market Perform$23.00 -> $12.00View Rating Details
9/6/2016Standpoint ResearchReiterated RatingBuy$18.00View Rating Details
8/25/2016Cowen and CompanyInitiated CoverageOutperform$28.50View Rating Details
8/24/2016Barclays PLCDowngradeOverweight -> Equal Weight$24.00 -> $14.00View Rating Details
8/19/2016Canaccord GenuitySet Price TargetBuy$29.00 -> $20.00View Rating Details
8/3/2016Morgan StanleyDowngradeOverweight -> Underweight$24.00 -> $12.80View Rating Details
3/31/2016Oppenheimer Holdings, Inc.Reiterated RatingBuy$45.00View Rating Details
3/29/2016Stifel NicolausReiterated RatingBuy$28.00View Rating Details
3/16/2016Northland SecuritiesInitiated CoverageOutperform$36.00View Rating Details
3/6/2015Goldman Sachs Group, Inc. (The)UpgradeNeutral -> BuyView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Canadian Solar (NASDAQ:CSIQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/8/2017        
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$1.16$1.75$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)
Current Year EPS Consensus Estimate: $1.65 EPS
Next Year EPS Consensus Estimate: $1.85 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.02)$0.54$0.32
Q2 20163$0.11$0.49$0.30
Q3 20163$0.13$0.60$0.41
Q4 20163$0.01$0.24$0.12
Q1 20173$0.20$0.81$0.42
Q2 20173$0.16$0.48$0.34
Q3 20173$0.55$0.86$0.68
Q4 20173$0.75$0.98$0.84
(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

Latest Headlines for Canadian Solar (NASDAQ:CSIQ)
DateHeadline
News IconJP Morgan Downgrades Canadian Solar to Neutral (NASDAQ:CSIQ)
eleganthomesinla.com - February 24 at 12:10 PM
News IconBrokerage Analyst Weighing in on Canadian Solar Inc. (NASDAQ:CSIQ) - Aiken Advocate (NASDAQ:CSIQ)
aikenadvocate.com - February 23 at 9:31 PM
News IconCanadian Solar Inc. (NASDAQ:CSIQ) Price Target Set At $15.828 - Transcript Daily (NASDAQ:CSIQ)
transcriptdaily.com - February 23 at 9:31 PM
News IconCan Canadian Solar Inc. (NASDAQ:CSIQ) Do Better in 2017? - StockNewsUnion (NASDAQ:CSIQ)
stocknewsunion.com - February 23 at 9:31 PM
News IconForward Earnings Estimate of Canadian Solar Inc.(CSIQ) (NASDAQ:CSIQ)
mundoaguaysaneamiento.net - February 23 at 4:31 PM
News IconAnalysts Are Circling Canadian Solar Inc. (NASDAQ:CSIQ): Where Do Research Brokers See It Going? - Winfield Review (NASDAQ:CSIQ)
winfieldreview.com - February 22 at 9:49 PM
seekingalpha.com logoFirst Solar, Canadian Solar sharply lower after downgrades - Seeking Alpha (NASDAQ:CSIQ)
seekingalpha.com - February 22 at 9:49 PM
247wallst.com logoTop Analyst Upgrades and Downgrades: Broadcom, Canadian ... - 24/7 Wall St. (NASDAQ:CSIQ)
247wallst.com - February 22 at 9:49 PM
marketexclusive.com logoAnalyst Downgrades – Canadian Solar (NASDAQ:CSIQ) Stock Gets Downgraded By J P Morgan Chase & Co from Overweight to Neutral (NASDAQ:CSIQ)
marketexclusive.com - February 22 at 4:46 PM
us.rd.yahoo.com logoCanadian Solar downgraded by JP Morgan (NASDAQ:CSIQ)
us.rd.yahoo.com - February 22 at 4:46 PM
msn.com logoFirst Solar (FSLR) Beats Q4 Earnings and Sales Estimates (NASDAQ:CSIQ)
www.msn.com - February 22 at 9:37 AM
schaeffersresearch.com logoCanadian Solar, Red Robin, Texas Roadhouse Downgraded (NASDAQ:CSIQ)
www.schaeffersresearch.com - February 22 at 9:37 AM
moodys.com logoCanadian Solar Inc. -- Moody's withdraws Canadian Solar's Ba2 rating (NASDAQ:CSIQ)
www.moodys.com - February 22 at 9:37 AM
finance.yahoo.com logoTop Analyst Upgrades and Downgrades: Broadcom, Canadian Solar, Goldman Sachs, TripAdvisor, Wal-Mart and More (NASDAQ:CSIQ)
finance.yahoo.com - February 22 at 9:37 AM
News IconAnalysts Are Sizing Up Canadian Solar Inc. (NASDAQ:CSIQ): Where Does the Sell-Side See It Going? - Winfield Review (NASDAQ:CSIQ)
winfieldreview.com - February 19 at 11:13 AM
News IconVivint Solar, Inc. (VSLR) Stock Rating Reaffirmed by Goldman Sachs Group, Inc (NASDAQ:CSIQ)
techknowbits.com - February 16 at 12:28 PM
seekingalpha.com logoWith A $5 Billion War Chest, Which Renewable Energy Firms Will Saudi Aramco Invest In? (NASDAQ:CSIQ)
seekingalpha.com - February 16 at 12:28 PM
thestreet.com logoSunny Skies? 4 Solar Stocks with Similar Charts (NASDAQ:CSIQ)
us.rd.yahoo.com - February 16 at 12:28 PM
News IconCanadian Solar Inc. (NASDAQ:CSIQ) Mean Price Target At $15.828 - Transcript Daily (NASDAQ:CSIQ)
transcriptdaily.com - February 12 at 2:36 AM
News IconCanadian Solar Inc. (NASDAQ:CSIQ) Projected EPS At $0.29 - Stock Observer (NASDAQ:CSIQ)
www.thestockobserver.com - February 11 at 4:35 PM
News IconThe Solar Energy Industry is Changing Due to Innovation (NASDAQ:CSIQ)
www.forwardgeek.com - February 10 at 9:53 PM
gurufocus.com logoCanadian Solar Is Rising to Shine - GuruFocus.com (NASDAQ:CSIQ)
www.gurufocus.com - February 10 at 4:52 PM
News IconStock Levels in Review for Canadian Solar Inc. (CSIQ) - Benton Bulletin (NASDAQ:CSIQ)
bentonbulletin.com - February 9 at 5:00 PM
finance.yahoo.com logoCanadian Solar Is Rising to Shine (NASDAQ:CSIQ)
finance.yahoo.com - February 9 at 5:00 PM
streetinsider.com logoCanadian Solar (CSIQ) Completes Sales of 3 Utility-Scale Solar Plants to Fengate (NASDAQ:CSIQ)
www.streetinsider.com - February 8 at 4:58 PM
nasdaq.com logoCanadian Solar (CSIQ) Sells 3 Solar Plants to Fengate Unit - Nasdaq (NASDAQ:CSIQ)
www.nasdaq.com - February 8 at 3:39 AM
finance.yahoo.com logoCanadian Solar (CSIQ) Sells 3 Solar Plants to Fengate Unit (NASDAQ:CSIQ)
finance.yahoo.com - February 7 at 5:37 PM
streetinsider.com logoCanadian Solar (CSIQ) Completes Sales of 3 Utility-Scale Solar ... - StreetInsider.com (NASDAQ:CSIQ)
www.streetinsider.com - February 6 at 4:34 PM
finance.yahoo.com logoCanadian Solar Completes Sale of 3 Utility-Scale Solar Plants to Fengate Real Asset Investments (NASDAQ:CSIQ)
finance.yahoo.com - February 6 at 4:34 PM
finance.yahoo.com logo7:07 am Canadian Solar completes sale of the outstanding shares of 3 utility-scale solar farm holding companies, SSM 1 Solar ULC, SSM 2 Solar ULC, and SSM 3 Solar ULC, totaling 59.8 MW AC to Fengate SSM Holdco for $195.32 mln (NASDAQ:CSIQ)
finance.yahoo.com - February 6 at 4:34 PM
News IconEPS Target Of Canadian Solar Inc. (NASDAQ:CSIQ)Set At $0.8175 ... - Transcript Daily (NASDAQ:CSIQ)
transcriptdaily.com - February 5 at 2:40 AM
News IconPerformance Update for Canadian Solar Inc. (NASDAQ:CSIQ) - The Newburgh Press (NASDAQ:CSIQ)
newburghpress.com - February 3 at 3:01 AM
News IconCanadian Solar Inc. (NASDAQ:CSIQ) Price Target Set At $15.828 ... - Transcript Daily (NASDAQ:CSIQ)
transcriptdaily.com - February 2 at 10:00 PM
News IconEarnings Forecast Research on Canadian Solar Inc. (CSIQ) - Morning Outlook (NASDAQ:CSIQ)
www.morningoutlook.com - February 2 at 2:54 AM
News IconCanadian Solar Incorporated (NASDAQ:CSIQ) Current Opinions and Recommendations (NASDAQ:CSIQ)
prensariotiretail.com - February 1 at 9:52 PM
News IconOne Stock Analysts Are Watching - Canadian Solar Inc. (NASDAQ:CSIQ) (NASDAQ:CSIQ)
flapship.com - January 31 at 10:04 PM
finance.yahoo.com logoVetr's Sunny Outlook On Canadian Solar Earns Stock A Strong Buy (NASDAQ:CSIQ)
finance.yahoo.com - January 31 at 10:04 PM
capitalcube.com logoCanadian Solar, Inc. breached its 50 day moving average in a Bearish Manner : CSIQ-US : January 31, 2017 (NASDAQ:CSIQ)
www.capitalcube.com - January 31 at 5:03 PM
finance.yahoo.com logoBrazil solar energy drive stalled by high costs, strict rules (NASDAQ:CSIQ)
finance.yahoo.com - January 31 at 5:03 PM
News IconPeeling Back The Layers on Canadian Solar Inc. (NASDAQ:CSIQ): Analysts & Street Weigh In - Wall Street Beacon (NASDAQ:CSIQ)
wsbeacon.com - January 30 at 10:26 PM
News IconIs There Inherent Value in Canadian Solar Inc. (NASDAQ:CSIQ)? Analysts Delve Into The Stock - Wall Street Beacon (NASDAQ:CSIQ)
wsbeacon.com - January 29 at 4:38 PM
News IconCanadian Solar Inc. (NASDAQ:CSIQ) Price Target At $15.828 - Transcript Daily (NASDAQ:CSIQ)
transcriptdaily.com - January 29 at 4:38 PM
fool.com logoThe Biggest Investment Opportunity Of Our Lifetime (NASDAQ:CSIQ)
www.fool.com - January 29 at 4:38 PM
realistinvestor.com logoMean Rating Of Canadian Solar Inc. (NASDAQ:CSIQ) At $2.63 - RealistInvestor.com (NASDAQ:CSIQ)
www.realistinvestor.com - January 27 at 6:00 PM
News IconEquity Insight: Indicator Review for Canadian Solar Inc. (CSIQ) - Springdale Times (NASDAQ:CSIQ)
springdaletimes.com - January 26 at 10:42 PM
News IconAnalysts Peering Into Their Crystal Balls, What's the Sentiment on Canadian Solar Inc. (NASDAQ:CSIQ) - Wall Street Beacon (NASDAQ:CSIQ)
wsbeacon.com - January 26 at 10:42 PM
News IconAnalysts Sentiment on Canadian Solar Inc. (CSIQ) - Highland Mirror (NASDAQ:CSIQ)
www.highlandmirror.com - January 26 at 10:42 PM
finance.yahoo.com logoCanadian Solar and Wirsol Commission Largest 30 MW Solar Park in the Netherlands (NASDAQ:CSIQ)
finance.yahoo.com - January 26 at 5:40 PM
finance.yahoo.com logoCanadian Solar Unit Signs Agreement for 60MW Solar Power (NASDAQ:CSIQ)
finance.yahoo.com - January 26 at 5:40 PM
News IconPrice Target Of Canadian Solar Inc. (NASDAQ:CSIQ)At $15.828 - Transcript Daily (NASDAQ:CSIQ)
transcriptdaily.com - January 26 at 3:44 AM

Social

What is Canadian Solar's stock symbol?

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

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

13 brokerages have issued twelve-month target prices for Canadian Solar's shares. Their forecasts range from $11.00 to $45.00. On average, they expect Canadian Solar's share price to reach $21.94 in the next year.

When will Canadian Solar announce their earnings?

Canadian Solar is scheduled to release their next quarterly earnings announcement on Wednesday, March, 8th 2017.

Who owns Canadian Solar stock?

Canadian Solar's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ruffer LLP (1.65%), Guggenheim Capital LLC (1.14%), Gabelli Funds LLC (0.60%), Cipher Capital LP (0.55%), Commerzbank Aktiengesellschaft FI (0.16%) and Van ECK Associates Corp (0.14%).

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 Guggenheim Capital LLC, Cipher Capital LP, Credit Agricole S A, American National Insurance Co. TX, Ruffer LLP, Shelton Capital Management, Ladenburg Thalmann Financial Services Inc. and Van ECK Associates Corp.

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

Canadian Solar's stock was bought by a variety of institutional investors in the last quarter, including DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Dynamic Technology Lab Private Ltd, Gabelli Funds LLC, Menora Mivtachim Holdings LTD., Trexquant Investment LP, Commerzbank Aktiengesellschaft FI, Raymond James Financial Services Advisors Inc. and State Street Corp.

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.

How much does a share of Canadian Solar stock cost?

One share of Canadian Solar stock can currently be purchased for approximately $14.70.

Canadian Solar (NASDAQ:CSIQ) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Canadian Solar (NASDAQ:CSIQ)

Earnings History Chart

Earnings by Quarter for Canadian Solar (NASDAQ:CSIQ)

Dividend History Chart

Dividend Payments by Quarter for Canadian Solar (NASDAQ:CSIQ)

Last Updated on 2/24/2017 by MarketBeat.com Staff