NASDAQ:CSIQ - Canadian Solar Stock Price, News, & Analysis

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

Canadian Solar Inc. (NASDAQ:CSIQ) released its quarterly earnings results on Thursday, November, 15th. The solar energy provider reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.46 by $0.50. The solar energy provider had revenue of $767.97 million for the quarter, compared to analyst estimates of $806.13 million. Canadian Solar had a return on equity of 15.89% and a net margin of 4.73%. View Canadian Solar's Earnings History.

Canadian Solar is scheduled to release their next quarterly earnings announcement on Monday, March 18th 2019. View Earnings Estimates for Canadian Solar.

Canadian Solar issued an update on its FY 2018 earnings guidance on Thursday, November, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.53-3.64 billion, compared to the consensus revenue estimate of $4.05 billion.Canadian Solar also updated its Q4 2018 guidance to EPS.

8 Wall Street analysts have issued 1-year target prices for Canadian Solar's stock. Their forecasts range from $14.00 to $19.00. On average, they anticipate Canadian Solar's stock price to reach $16.7143 in the next year. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for Canadian Solar.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Solar.

Media stories about CSIQ stock have been trending positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Solar earned a coverage optimism score of 2.7 on InfoTrie's scale. They also assigned media coverage about the solar energy provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Canadian Solar include Silicon Laboratories (SLAB), Advantest (ATEYY), Semtech (SMTC), Finisar (FNSR), Cabot Microelectronics (CCMP), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Solaredge Technologies (SEDG), Acacia Communications (ACIA), Power Integrations (POWI), Diodes (DIOD), Inphi (IPHI), BE Semiconductor Industrs (BESIY), Amkor Technology (AMKR) and Tower Semiconductor (TSEM).

Canadian Solar's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Luminus Management LLC (4.60%), BlackRock Inc. (4.19%), Morgan Stanley (2.58%), DNB Asset Management AS (2.01%), Connor Clark & Lunn Investment Management Ltd. (1.18%) and Assenagon Asset Management S.A. (0.85%).

CSIQ stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Hussman Strategic Advisors Inc., SG Americas Securities LLC, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., GFS Advisors LLC, GFS Advisors LLC and First Trust Advisors LP.

CSIQ stock was bought by a variety of institutional investors in the last quarter, including Luminus Management LLC, Assenagon Asset Management S.A., Morgan Stanley, Man Group plc, Mirae Asset Global Investments Co. Ltd., Atlas Capital Advisors LLC, Cambridge Investment Research Advisors Inc. and Mackenzie Financial Corp.

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 $16.50.

Canadian Solar has a market capitalization of $946.61 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 12,129 workers across the globe.

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

Canadian Solar's mailing address is 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, N1K 1E6. The solar energy provider can be reached via phone at 519-837-1881 or via email at [email protected]