NASDAQ:CSIQ - Canadian Solar Stock Price, Price Target & More

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

Canadian Solar Inc. (NASDAQ:CSIQ) posted its quarterly earnings results on Wednesday, May, 16th. The solar energy provider reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.34. The solar energy provider had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.38 billion. Canadian Solar had a net margin of 3.78% and a return on equity of 10.51%. The firm's quarterly revenue was up 110.5% compared to the same quarter last year. During the same period last year, the company posted ($0.23) EPS. View Canadian Solar's Earnings History.

Canadian Solar is scheduled to release their next quarterly earnings announcement on Monday, August, 13th 2018. View Earnings Estimates for Canadian Solar.

10 brokers have issued 12-month price targets for Canadian Solar's stock. Their predictions range from $14.00 to $24.00. On average, they expect Canadian Solar's stock price to reach $17.40 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price. View Analyst Ratings for Canadian Solar.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Canadian Solar saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 2,924,754 shares, an increase of 134.4% from the May 31st total of 1,247,598 shares. Based on an average trading volume of 2,417,600 shares, the days-to-cover ratio is currently 1.2 days. Approximately 6.5% of the company's stock are sold short. View Canadian Solar's Current Options Chain.

Some companies that are related to Canadian Solar include Cirrus Logic (CRUS), Solaredge Technologies (SEDG), Viavi Solutions (VIAV), Power Integrations (POWI), Tower Semiconductor (TSEM), Amkor Technology (AMKR), BE Semiconductor Industrs (BESIY), Finisar (FNSR), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), Diodes (DIOD), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Oclaro (OCLR) and Inphi (IPHI).

Media stories about CSIQ stock have been trending somewhat positive on Sunday, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Canadian Solar earned a coverage optimism score of 0.24 on Accern's scale. They also gave news headlines about the solar energy provider an impact score of 44.90 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Canadian Solar's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include DnB Asset Management AS (2.35%). View Institutional Ownership Trends for Canadian Solar.

CSIQ stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of CSIQ stock can currently be purchased for approximately $12.78.

Canadian Solar has a market capitalization of $741.28 million and generates $3.39 billion in revenue each year. The solar energy provider earns $99.57 million in net income (profit) each year or $1.04 on an earnings per share basis. Canadian Solar employs 9,724 workers across the globe.

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]