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: www.canadiansolar.com
Capitalization:
  • Market Cap: $872.68 million
  • Outstanding Shares: 57,947,000
Average Prices:
  • 50 Day Moving Avg: $16.54
  • 200 Day Moving Avg: $14.14
  • 52 Week Range: $10.25 - $18.12
P/E:
  • Trailing P/E Ratio: 35.71
  • Foreward P/E Ratio: 8.51
  • P/E Growth: 0.28
Sales & Book Value:
  • Annual Revenue: $2.7 billion
  • Price / Sales: 0.32
  • Book Value: $16.00 per share
  • Price / Book: 0.94
Profitability:
  • EBIDTA: $150.15 million
  • Net Margins: 1.01%
  • Return on Equity: 1.71%
  • Return on Assets: 0.29%
Debt:
  • Debt-to-Equity Ratio: 0.42%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.88%
Misc:
  • Average Volume: 1.41 million shs.
  • Beta: 3.09
  • 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) released its quarterly earnings results on Monday, August, 14th. The company reported ($0.15) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.01. The business had revenue of $692.37 million for the quarter, compared to analyst estimates of $631.05 million. Canadian Solar had a net margin of 1.01% and a return on equity of 1.71%. Canadian Solar's revenue for the quarter was down 14.1% compared to the same quarter last year. During the same period last year, the firm earned $0.68 earnings per share. 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 Monday, November, 20th 2017. View Earnings Estimates for Canadian Solar.

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

10 analysts have issued 1-year price targets for Canadian Solar's shares. Their forecasts range from $12.00 to $31.00. On average, they anticipate Canadian Solar's stock price to reach $17.38 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 shareholders include DnB Asset Management AS (6.65%), Quentec Asset Management LLC (4.67%), Grosvenor Capital Management L.P. (2.28%), Prescott Group Capital Management L.L.C. (1.15%), Calamos Advisors LLC (0.49%) and Delta Lloyd Asset Management N.V. (0.40%). 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 DnB Asset Management AS, Grosvenor Capital Management L.P., SG Americas Securities LLC, Guinness Atkinson Asset Management Inc, Raymond James Financial Services Advisors Inc., Tradition Capital Management LLC and Royal Bank of Canada. View Insider Buying and Selling for Canadian Solar.

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

Canadian Solar's stock was purchased by a variety of institutional investors in the last quarter, including Quentec Asset Management LLC, Calamos Advisors LLC, Delta Lloyd Asset Management N.V., Quantitative Investment Management LLC, Cipher Capital LP, Fox Run Management L.L.C., Virtu KCG Holdings LLC and Tower Research Capital LLC TRC. 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 $15.06.


MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  363 (Vote Outperform)
Underperform Votes:  423 (Vote Underperform)
Total Votes:  786
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, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $17.38 (15.37% upside)

Analysts' Ratings History for Canadian Solar (NASDAQ:CSIQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/21/2017Barclays PLCDowngradeEqual Weight -> Underweight$12.00 -> $14.00HighView Rating Details
8/15/2017FBR & CoReiterated RatingNeutral$13.00 -> $15.00MediumView Rating Details
8/15/2017Cowen and CompanyReiterated RatingMarket Perform$16.00 -> $17.00MediumView Rating Details
8/10/2017Axiom SecuritiesReiterated RatingBuyLowView 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 8/22/2015 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
11/20/2017        
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)

Estimates

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)

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
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 22 at 6:50 PM
finance.yahoo.com logoCanadian Solar, Inc. breached its 50 day moving average in a Bearish Manner : CSIQ-US : August 22, 2017
finance.yahoo.com - August 22 at 6:10 PM
finance.yahoo.com logoPetroChina Refinery Catches Fire But Operations Unaffected
finance.yahoo.com - August 22 at 6:10 PM
americanbankingnews.com logoFinancial Survey: Enphase Energy (ENPH) & Canadian Solar (CSIQ)
www.americanbankingnews.com - August 22 at 12:18 AM
americanbankingnews.com logoBarclays PLC Lowers Canadian Solar Inc. (CSIQ) to Underweight
www.americanbankingnews.com - August 21 at 4:46 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Lowered to "Hold" at BidaskClub
www.americanbankingnews.com - August 19 at 7:08 PM
fool.com logoHow Canadian Solar Inc. Makes Most of Its Money
www.fool.com - August 18 at 9:29 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Forecasted to Post Q3 2017 Earnings of $0.39 Per Share
www.americanbankingnews.com - August 17 at 8:38 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) to Post Q4 2017 Earnings of $1.20 Per Share, Oppenheimer Holdings Forecasts
www.americanbankingnews.com - August 16 at 10:58 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Stock Rating Reaffirmed by Cowen and Company
www.americanbankingnews.com - August 16 at 12:32 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Earns "Neutral" Rating from FBR & Co
www.americanbankingnews.com - August 15 at 11:46 PM
finance.yahoo.com logoCanadian Solar's Second Quarter Disappointed on Every Level
finance.yahoo.com - August 15 at 6:18 PM
rttnews.com logoEARNINGS SUMMARY: Details of Canadian Solar Inc. Q2 Earnings Report
www.rttnews.com - August 14 at 10:57 PM
benzinga.com logoTraders Not Impressed With Canadian Solar's Q2 Report
www.benzinga.com - August 14 at 10:57 PM
finance.yahoo.com logoEdited Transcript of CSIQ earnings conference call or presentation 14-Aug-17 12:00pm GMT
finance.yahoo.com - August 14 at 10:57 PM
nasdaq.com logoCanadian Solar (CSIQ) Incurs Narrower-Than-Expected Q2 Loss - Nasdaq
www.nasdaq.com - August 14 at 5:55 PM
finance.yahoo.com logoCanadian Solar Reports Second Quarter 2017 Results
finance.yahoo.com - August 14 at 5:54 PM
finance.yahoo.com logoCanadian Solar (CSIQ) Incurs Narrower-Than-Expected Q2 Loss
finance.yahoo.com - August 14 at 5:54 PM
finance.yahoo.com logoCanadian Solar tops Street 2Q forecasts
finance.yahoo.com - August 14 at 5:54 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Earns "Hold" Rating from Cowen and Company
www.americanbankingnews.com - August 14 at 4:18 PM
americanbankingnews.com logoInvestors Buy High Volume of Call Options on Canadian Solar (NASDAQ:CSIQ)
www.americanbankingnews.com - August 14 at 9:06 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 14 at 8:50 AM
feeds.benzinga.com logoEarnings Scheduled For August 14, 2017
feeds.benzinga.com - August 14 at 6:04 AM
nasdaq.com logoPre-Market Earnings Report for August 14, 2017 : JD, SYY, CSIQ, ASUR, SORL, VBLT, TGA, TGEN, GALT, CASI ... - Nasdaq
www.nasdaq.com - August 11 at 6:00 PM
seekingalpha.com logoLooking Abroad for Alternative Energy Returns - Seeking Alpha
seekingalpha.com - August 11 at 6:00 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Upgraded to Strong-Buy at Vetr Inc.
www.americanbankingnews.com - August 11 at 12:38 AM
prnewswire.com logoEDF Energies Nouvelles Partners with Canadian Solar for a 92.5 MWp Photovoltaic Project in Brazil - PR Newswire (press release)
www.prnewswire.com - August 10 at 11:49 PM
nasdaq.com logoCanadian Solar (CSIQ) to Post Q2 Earnings: What's in Store? - Nasdaq
www.nasdaq.com - August 10 at 11:49 PM
zacks.com logoCanadian Solar (CSIQ) to Post Q2 Earnings: What's in Store?
www.zacks.com - August 10 at 6:48 PM
finance.yahoo.com logoEDF Energies Nouvelles Partners with Canadian Solar for a 92.5 MWp Photovoltaic Project in Brazil
finance.yahoo.com - August 10 at 6:48 PM
finance.yahoo.com logoCanadian Solar (CSIQ) to Post Q2 Earnings: What's in Store?
finance.yahoo.com - August 10 at 6:48 PM
finance.yahoo.com logoSolar Stocks Are Heating Up
finance.yahoo.com - August 9 at 5:45 PM
streetinsider.com logoSempra Renewables (SRE) Buys California Solar Project from Canadian Solar (CSIQ) Subsidiary
www.streetinsider.com - August 9 at 3:23 AM
streetinsider.com logoSempra Renewables (SRE) Buys California Solar Project from Canadian Solar (CSIQ) Subsidiary - StreetInsider.com
www.streetinsider.com - August 8 at 5:19 PM
streetinsider.com logoSempra Renewables (SRE) Buys California Solar Project from Canadian Solar (CSIQ) Subsidiary - StreetInsider.com
www.streetinsider.com - August 8 at 5:19 PM
finance.yahoo.com logoSempra Renewables Acquires California Solar Project from Canadian Solar Subsidiary Recurrent Energy
finance.yahoo.com - August 8 at 5:19 PM
finance.yahoo.com logoSempra Renewables Acquires California Solar Project from Canadian Solar Subsidiary Recurrent Energy
finance.yahoo.com - August 8 at 5:19 PM
finance.yahoo.com logoCanadian Solar's and EDF Energies Nouvelles' Pirapora I Project Secures the First Solar Financing from the Brazilian Development Bank
finance.yahoo.com - August 7 at 5:58 PM
americanbankingnews.com logoCanadian Solar Inc. (NASDAQ:CSIQ) to Release Earnings on Monday
www.americanbankingnews.com - August 7 at 8:08 AM
seekingalpha.com logoCanadian Solar: Time To Realize Solar Energy's Potential - Seeking Alpha
seekingalpha.com - August 3 at 6:59 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Expected to Announce Quarterly Sales of $622.82 Million
www.americanbankingnews.com - July 29 at 7:20 AM
americanbankingnews.com logoCanadian Solar Inc. (NASDAQ:CSIQ) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 28 at 6:46 PM
finance.yahoo.com logoCanadian Solar Schedules Second Quarter 2017 Earnings Conference Call for August 14
finance.yahoo.com - July 27 at 10:57 PM
americanbankingnews.com logoZacks: Analysts Expect Canadian Solar Inc. (NASDAQ:CSIQ) Will Announce Earnings of -$0.16 Per Share
www.americanbankingnews.com - July 27 at 10:29 PM
prnewswire.com logoCanadian Solar Schedules Second Quarter 2017 Earnings Conference Call for August 14 - PR Newswire (press release)
www.prnewswire.com - July 27 at 5:54 PM
fool.com logo3 Reasons Canadian Solar Inc. Stock Could Fall - Motley Fool
www.fool.com - July 25 at 10:36 PM
finance.yahoo.com logo3 Reasons Canadian Solar Inc. Stock Could Fall
finance.yahoo.com - July 25 at 5:33 PM
americanbankingnews.com logoCanadian Solar's (NASDAQ:CSIQ) "Buy" Rating Reaffirmed at Axiom Securities
www.americanbankingnews.com - July 22 at 12:18 PM
finance.yahoo.com logoCanadian Solar (CSIQ) Activates Four PV Plants in Japan
finance.yahoo.com - July 19 at 6:45 PM
finance.yahoo.com logoCanadian Solar Energizes 52.5 MWp of Solar Power Plants in Japan
finance.yahoo.com - July 19 at 12:09 AM

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Chart

Canadian Solar (CSIQ) Chart for Tuesday, August, 22, 2017

This page was last updated on 8/22/2017 by MarketBeat.com Staff