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

$22.77
-1.00 (-4.21 %)
(As of 08/23/2019 02:01 PM ET)
Today's Range
$22.68
Now: $22.77
$23.80
50-Day Range
$20.14
MA: $21.64
$24.62
52-Week Range
$12.69
Now: $22.77
$25.89
Volume14,126 shs
Average Volume849,066 shs
Market Capitalization$1.35 billion
P/E Ratio6.98
Dividend YieldN/A
Beta2.22
Canadian Solar Inc, together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company operates through two segments, Module and System Solutions, and Energy. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems. Read More…

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:CSIQ
CUSIPN/A
Phone519-837-1881

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.74 billion
Cash Flow$5.3703 per share
Book Value$22.23 per share

Profitability

Net Income$237.07 million

Miscellaneous

Employees12,442
Market Cap$1.35 billion
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable

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Canadian Solar (NASDAQ:CSIQ) Frequently Asked Questions

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 earnings results on Thursday, August, 15th. The solar energy provider reported $0.77 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.54. The solar energy provider had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $990.29 million. Canadian Solar had a return on equity of 14.80% and a net margin of 7.01%. The firm's revenue for the quarter was up 59.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 earnings per share. View Canadian Solar's Earnings History.

When is Canadian Solar's next earnings date?

Canadian Solar is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Canadian Solar.

What guidance has Canadian Solar issued on next quarter's earnings?

Canadian Solar issued an update on its FY 2019 earnings guidance on Thursday, August, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.5-3.8 billion, compared to the consensus revenue estimate of $3.69 billion.

What price target have analysts set for CSIQ?

7 brokers have issued 1-year target prices for Canadian Solar's stock. Their forecasts range from $17.00 to $32.00. On average, they expect Canadian Solar's stock price to reach $24.3333 in the next year. This suggests a possible upside of 7.0% from the stock's current price. View Analyst Price Targets for Canadian Solar.

What is the consensus analysts' recommendation for Canadian Solar?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Solar.

Has Canadian Solar been receiving favorable news coverage?

News articles about CSIQ stock have been trending positive this week, according to InfoTrie. InfoTrie identifies positive and negative 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 -5 to 5, with scores closest to five being the most favorable. Canadian Solar earned a news impact score of 2.5 on InfoTrie's scale. They also assigned headlines about the solar energy provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Canadian Solar.

Are investors shorting Canadian Solar?

Canadian Solar saw a increase in short interest in July. As of July 15th, there was short interest totalling 3,499,500 shares, an increase of 34.8% from the June 15th total of 2,596,300 shares. Based on an average daily trading volume, of 714,200 shares, the days-to-cover ratio is currently 4.9 days. Approximately 7.8% of the shares of the stock are sold short. View Canadian Solar's Current Options Chain.

Who are some of Canadian Solar's key competitors?

What other stocks do shareholders of Canadian Solar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Solar investors own include First Solar (FSLR), Tesla (TSLA), Ambarella (AMBA), Netflix (NFLX), Micron Technology (MU), SunPower (SPWR), Gilead Sciences (GILD), JinkoSolar (jks), Twitter (TWTR) and NVIDIA (NVDA).

Who are Canadian Solar's key executives?

Canadian Solar's management team includes the folowing people:
  • Dr. Xiaohua Qu, Chairman, Pres & CEO (Age 55)
  • Mr. Arthur Chien, Sr. VP, Chief Strategy Officer & Pres of Energy Bus. (Age 58)
  • Mr. Yan Zhuang, Sr. VP, Chief Commercial Officer and Pres of Modules & Systems Solutions Bus. (Age 55)
  • Dr. Huifeng Chang, Sr. VP & CFO (Age 53)
  • Mr. Guangchun Zhang, Sr. VP & COO (Age 62)

Who are Canadian Solar's major shareholders?

Canadian Solar's stock is owned by many different of institutional and retail investors. Top institutional investors include Schroder Investment Management Group (6.89%), Morgan Stanley (5.24%), Connor Clark & Lunn Investment Management Ltd. (2.74%), Vanguard Group Inc. (2.72%), BlackRock Inc. (2.00%) and Invesco Ltd. (1.79%).

Which major investors are selling Canadian Solar stock?

CSIQ stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Bogle Investment Management L P DE, Cubist Systematic Strategies LLC, Invesco Ltd., Luminus Management LLC, SG Americas Securities LLC, NumerixS Investment Technologies Inc and BNP Paribas Arbitrage SA.

Which major investors are buying Canadian Solar stock?

CSIQ stock was purchased by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, JPMorgan Chase & Co., Connor Clark & Lunn Investment Management Ltd., Hennessy Advisors Inc., Morgan Stanley, Vanguard Group Inc., BlackRock Inc. and Janney Montgomery Scott LLC.

How do I buy shares of 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.

What is Canadian Solar's stock price today?

One share of CSIQ stock can currently be purchased for approximately $22.74.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $1.35 billion and generates $3.74 billion in revenue each year. The solar energy provider earns $237.07 million in net income (profit) each year or $3.28 on an earnings per share basis. Canadian Solar employs 12,442 workers across the globe.View Additional Information About Canadian Solar.

What is Canadian Solar's official website?

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

How can I contact Canadian Solar?

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]


MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  468 (Vote Outperform)
Underperform Votes:  598 (Vote Underperform)
Total Votes:  1,066
MarketBeat's community ratings are surveys of what our community members think about Canadian Solar and other stocks. Vote "Outperform" if you believe CSIQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSIQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/23/2019 by MarketBeat.com Staff

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