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

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$16.68 -0.04 (-0.24 %)

(As of 05/25/2018 04:00 PM ET)

Previous Close$16.68

Today's Range$16.37 - $16.79

52-Week Range$12.24 - $19.09

Volume319,786 shs

Average Volume666,003 shs

Market Capitalization$981.41 million

P/E Ratio16.04

Dividend YieldN/A

Beta2.58

About Canadian Solar (NASDAQ:CSIQ)

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 Energy. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems. The company also provides specialty solar products consisting of Andes Solar Home System, an off-grid solar system that provides an economical source of electricity to homes and communities without access to grid; and Maple Solar System, a clean energy solution for families, as well as solar system kits, which are a ready-to-install packages that consist inverters, racking systems, and other accessories. In addition, it develops, builds, and sells solar power projects; performs engineering, procurement, and construction (EPC) work for solar power projects; and offers operation and maintenance services that include inspection, repair, and replacement of plant equipment, site management, and administrative support services. Further, the company generates and sells electricity through its solar plants with an aggregate capacity of approximately 1,195.5 megawatts. It offers its products to distributors, system integrators, project developers, and installers/EPC companies. The company has operations in North America, South America, Europe, Africa, the Middle East, Australia, and Asia. Canadian Solar Inc. was founded in 2001 and is based in Guelph, Canada.

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Industry, Sector and Symbol

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorOils/Energy

SymbolNASDAQ:CSIQ

CUSIPN/A

Webwww.canadiansolar.com

Phone519-837-1881

Debt

Debt-to-Equity Ratio0.29

Current Ratio0.94

Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio16.04

Forward P/E Ratio8.10

P/E Growth0.32

Sales & Book Value

Annual Sales$3.39 billion

Price / Sales0.29

Cash Flow$2.6990 per share

Price / Cash6.18

Book Value$19.72 per share

Price / Book0.85

Profitability

EPS (Most Recent Fiscal Year)$1.04

Net Income$99.57 million

Net Margins3.78%

Return on Equity10.51%

Return on Assets1.90%

Miscellaneous

Employees9,724

Outstanding Shares58,000,000

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 (NASDAQ:CSIQ) posted its earnings results on Wednesday, May, 16th. The solar energy provider reported $0.72 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.34. The solar energy provider had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.38 billion. Canadian Solar had a net margin of 3.78% and a return on equity of 10.51%. The firm's revenue was up 110.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.23) EPS. 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 Monday, August, 13th 2018. View Earnings Estimates for Canadian Solar.

What price target have analysts set for CSIQ?

10 brokerages have issued 12-month price targets for Canadian Solar's shares. Their predictions range from $14.00 to $24.00. On average, they expect Canadian Solar's stock price to reach $17.60 in the next twelve months. View Analyst Ratings for Canadian Solar.

Who are some of Canadian Solar's key competitors?

Some companies that are related to Canadian Solar include Besi (BESIY), Semtech (SMTC), Cabot Microelectronics (CCMP), SolarEdge (SEDG), Tower Semiconductor (TSEM), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Power Integrations (POWI), Amkor Technology (AMKR), Finisar (FNSR), Silicon Motion Technology (SIMO), Dialog Semiconductor (DLGNF), Ambarella (AMBA), Diodes (DIOD) and Kulicke and Soffa Industries (KLIC).

Who are Canadian Solar's key executives?

Canadian Solar's management team includes the folowing people:

Dr. Xiaohua Qu, Chairman, CEO & Pres (Age 54)
Mr. Arthur Chien, Chief Strategy Officer, Sr. VP and Pres of Energy Bus. (Age 57)
Mr. Yan Zhuang, Chief Commercial Officer, SVP and Pres of Modules & Systems Solutions Bus. (Age 54)
Dr. Huifeng Chang, Chief Financial Officer and Sr. VP (Age 52)
Mr. Guangchun Zhang, Chief Operating Officer and Sr. VP (Age 61)

Has Canadian Solar been receiving favorable news coverage?

Headlines about CSIQ stock have trended somewhat positive on Friday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Canadian Solar earned a media sentiment score of 0.21 on Accern's scale. They also gave news stories about the solar energy provider an impact score of 46.65 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.

Who are Canadian Solar's major shareholders?

Canadian Solar's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.27%), Park West Asset Management LLC (3.33%), Guggenheim Capital LLC (1.82%), Millennium Management LLC (1.81%), Neumeier Poma Investment Counsel LLC (0.76%) and Trexquant Investment LP (0.23%). View Institutional Ownership Trends for Canadian Solar.

Which institutional investors are selling Canadian Solar stock?

CSIQ stock was sold by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., Millennium Management LLC, Guggenheim Capital LLC, California Public Employees Retirement System, Engineers Gate Manager LP, Neumeier Poma Investment Counsel LLC, Kassirer Asset Management Corp and Cetera Advisor Networks LLC. View Insider Buying and Selling for Canadian Solar.

Which institutional investors are buying Canadian Solar stock?

CSIQ stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Trexquant Investment LP, KBC Group NV, Commerzbank Aktiengesellschaft FI, Element Capital Management LLC, BlackRock Inc., SG Americas Securities LLC and DekaBank Deutsche Girozentrale. View Insider Buying and Selling for Canadian Solar.

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 $16.68.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $981.41 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.

How can I contact Canadian Solar?

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]

MarketBeat Community Rating for Canadian Solar (CSIQ)

Community Ranking:		2.2 out of 5 ( )
Outperform Votes:		414 (Vote Outperform)
Underperform Votes:		514 (Vote Underperform)
Total Votes:		928

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.

Canadian Solar (NASDAQ:CSIQ) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

10 Wall Street analysts have issued ratings and price targets for Canadian Solar in the last 12 months. Their average twelve-month price target is $17.60, suggesting that the stock has a possible upside of 5.52%. The high price target for CSIQ is $24.00 and the low price target for CSIQ is $14.00. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Hold	Hold	Hold
Consensus Rating Score:	1.90	1.90	2.11	2.22
Ratings Breakdown:	3 Sell Rating(s) 5 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	3 Sell Rating(s) 5 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	1 Sell Rating(s) 6 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	1 Sell Rating(s) 5 Hold Rating(s) 3 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$17.60	$17.60	$18.7778	$20.1429
Price Target Upside:	5.52% upside	0.51% upside	21.85% upside	15.43% upside

Canadian Solar (NASDAQ:CSIQ) Consensus Price Target History

Price Target History for Canadian Solar (NASDAQ:CSIQ)

Canadian Solar (NASDAQ:CSIQ) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/17/2018	B. Riley	Set Price Target	Hold	$18.00	Low
3/27/2018	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$17.51 ➝ $17.00	High
3/20/2018	Oppenheimer	Lower Price Target	Outperform	$32.00 ➝ $19.00	Medium
3/15/2018	UBS	Initiated Coverage	Sell	$15.00	Medium
1/9/2018	Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$19.00	N/A
12/15/2017	Axiom Securities	Downgrade	Buy ➝ Hold	$17.00	Medium
12/11/2017	Cowen	Set Price Target	Hold	$18.00	Medium
11/10/2017	Roth Capital	Upgrade	Neutral ➝ Buy	$24.00	N/A
8/21/2017	Barclays	Downgrade	Equal Weight ➝ Underweight	$12.00 ➝ $14.00	High
8/15/2017	FBR & Co	Reiterated Rating	Neutral	$13.00 ➝ $15.00	Medium
12/21/2016	Guggenheim	Reiterated Rating	Neutral		N/A
11/22/2016	JMP Securities	Reiterated Rating	Hold		N/A
9/6/2016	Standpoint Research	Reiterated Rating	Buy	$18.00	N/A
8/19/2016	Canaccord Genuity	Set Price Target	Buy	$29.00 ➝ $20.00	N/A
8/3/2016	Morgan Stanley	Downgrade	Overweight ➝ Underweight	$24.00 ➝ $12.80	N/A

(Data available from 5/25/2016 forward)

Canadian Solar (NASDAQ:CSIQ) Earnings History and Estimates Chart

Earnings by Quarter for Canadian Solar (NASDAQ:CSIQ)

Canadian Solar (NASDAQ:CSIQ) Earnings Estimates

2018 EPS Consensus Estimate: $17.72
2019 EPS Consensus Estimate: $1.66

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	4	$0.06	$0.59	$0.36
Q2 2018	4	($0.23)	$65.00	$16.34
Q3 2018	4	$0.30	$0.65	$0.43
Q4 2018	4	$0.37	$0.98	$0.59
Q1 2019	1	$0.47	$0.47	$0.47
Q2 2019	1	$0.07	$0.07	$0.07
Q3 2019	1	$0.62	$0.62	$0.62
Q4 2019	1	$0.50	$0.50	$0.50

Canadian Solar (NASDAQ CSIQ) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
8/13/2018		$0.28					N/A
5/16/2018	3/31/2018	$0.38	$0.72	$1.3841 billion	$1.4249 billion	View	Listen
3/19/2018	Q4 17	$1.01	$1.01	$1.0650 billion	$1.1088 billion	View	Listen
11/9/2017	Q3	$0.22	$0.22	$812.37 million	$912.20 million	View	N/A
8/14/2017	6/30/2017	($0.16)	($0.15)	$631.05 million	$692.37 million	View	N/A
6/6/2017	3/31/2017	$0.04	($0.10)	$580.45 million	$677.00 million	View	Listen
3/21/2017	12/31/2016	$0.32	$0.24	$698.57 million	$668.40 million	View	Listen
11/21/2016	Q316	$0.24	$0.27	$685.28 million	$657.30 million	View	Listen
8/18/2016	Q216	$0.37	$0.68	$735.82 million	$805.90 million	View	Listen
5/11/2016	Q116	$0.14	$0.39	$663.74 million	$721.40 million	View	Listen
3/10/2016	Q415	$0.76	$1.05	$998.49 million	$1.12 billion	View	Listen
11/10/2015	Q315	$0.28	$0.79	$616.09 million	$849.80 million	View	Listen
8/18/2015	Q215	$0.13	$0.31	$592.50 million	$636.70 million	View	Listen
5/7/2015	Q115	$0.75	$1.04	$735.12 million	$860.90 million	View	Listen
3/5/2015	Q414	$1.34	$1.28	$953.94 million	$956.20 million	View	Listen
11/12/2014	Q314	$1.15	$1.58	$803.24 million	$914.40 million	View	Listen
8/13/2014	Q214	$0.58	$0.95	$577.65 million	$623.80 million	View	Listen
5/16/2014	Q114	$0.12	$0.07	$431.98 million	$466.30 million	View	Listen
3/5/2014	Q413	$0.52	$0.39	$535.88 million	$519.50 million	View	Listen
11/13/2013	Q313	$0.36	$0.58	$480.10 million	$490.90 million	View	Listen
8/8/2013	Q2 2013	($0.20)	($0.29)	$419.83 million	$380.40 million	View	Listen
5/28/2013	Q1 2013	($0.78)	($0.10)	$221.00 million	$263.60 million	View	N/A
3/11/2013	Q4 2012	($0.95)	($1.01)	$318.53 million	$294.80 million	View	Listen
11/15/2012	Q312	($0.66)	($1.01)	$355.13 million	$326.00 million	View	N/A
8/15/2012		($0.33)	($0.59)			View	N/A
5/10/2012		($0.53)	($0.49)			View	N/A
3/7/2012		($0.39)	($1.39)			View	N/A
11/22/2011		($0.51)	($1.02)			View	N/A
8/17/2011		$0.27	$0.16			View	N/A
5/12/2011		$0.41	$0.13			View	N/A
3/10/2011		$0.65	$0.58			View	N/A
11/18/2010	Q3 2010	$0.43	$0.47			View	N/A
9/2/2010	Q2 2010	$0.15	$0.07			View	N/A
8/19/2010	Q1 2010		$0.03			View	N/A
3/3/2010	Q4 2009	$0.51	$0.35			View	N/A
11/17/2009	Q3 2009	$0.52	$0.69			View	N/A
8/6/2009	Q2 2009	($0.11)	$0.49			View	N/A
5/26/2009	Q1 2009	($0.25)	($0.13)			View	N/A
3/17/2009	Q4 2008	($0.30)	($1.42)			View	N/A
11/21/2008	Q3 2008	$0.60	$0.31			View	N/A
8/13/2008	Q2 2008	$0.43	$0.36			View	N/A
5/13/2008	Q1 2008	$0.29	$0.61			View	N/A
3/5/2008	Q4 2007	$0.15	$0.20			View	N/A

(Earnings results data provided by Zacks Investment Research)

Canadian Solar (NASDAQ:CSIQ) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Canadian Solar (NASDAQ CSIQ) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 39.08%

Insider Trading History for Canadian Solar (NASDAQ:CSIQ)

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

Canadian Solar (NASDAQ CSIQ) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details

(Data available from 1/1/2013 forward)

Canadian Solar (NASDAQ CSIQ) News Headlines

Source:

Date	Headline
	Canadian Solar (CSIQ) Expected to Announce Earnings of $0.44 Per Share www.americanbankingnews.com - May 25 at 7:16 PM
	Short Sellers Still Cool to Solar Stocks, Betting Against Alt Energy www.msn.com - May 25 at 8:33 AM
	Canadian Solar (CSIQ) Receives Consensus Recommendation of "Hold" from Brokerages www.americanbankingnews.com - May 24 at 3:34 PM
	The US Solar Market Is Becoming a Drag for Canadian Solar www.fool.com - May 24 at 8:36 AM
	The U.S. Solar Market Is Becoming a Drag for Canadian Solar finance.yahoo.com - May 23 at 5:19 PM
	The "Shining" Solar Technology Stock Who's 900% Revenue Growth Might Indicate Big Near Term Upside? finance.yahoo.com - May 22 at 8:35 AM
	Bull of the Day: Canadian Solar (CSIQ) www.zacks.com - May 21 at 8:34 AM
	Canadian Solar (CSIQ) Forecasted to Post Q3 2018 Earnings of $0.45 Per Share www.americanbankingnews.com - May 21 at 1:24 AM
	Oppenheimer Comments on Canadian Solar's Q3 2018 Earnings (CSIQ) www.americanbankingnews.com - May 21 at 1:22 AM
	Canadian Solar (CSIQ) PT Set at $18.00 by B. Riley www.americanbankingnews.com - May 18 at 10:34 PM
	Canadian Solar Starts 35MWp Solar Power Project in India finance.yahoo.com - May 18 at 5:33 PM
	Q4 2018 EPS Estimates for Canadian Solar (CSIQ) Lifted by B. Riley www.americanbankingnews.com - May 18 at 8:23 AM
	Canadian Solar (CSIQ) Q1 2018 Earnings Conference Call Transcript www.fool.com - May 17 at 5:46 PM
	BidaskClub Upgrades Canadian Solar (CSIQ) to Hold www.americanbankingnews.com - May 17 at 4:53 PM
	Edited Transcript of CSIQ earnings conference call or presentation 16-May-18 12:00pm GMT finance.yahoo.com - May 17 at 8:47 AM
	Wired News – Canadian Solar Commissions an Open Access Solar Project in India finance.yahoo.com - May 17 at 8:47 AM
	Canadian Solar slips despite strong Q1 beat after weak Q2 revenue guidance seekingalpha.com - May 16 at 5:17 PM
	TSX Flat For Second Day -- Canadian Commentary www.nasdaq.com - May 16 at 5:17 PM
	Canadian Solar's (CSIQ) CEO Shawn Qu on Q1 2018 Results - Earnings Call Transcript seekingalpha.com - May 16 at 5:17 PM
	Canadian Solar (CSIQ) Issues Earnings Results, Beats Expectations By $0.34 EPS www.americanbankingnews.com - May 16 at 10:35 AM
	Canadian Solar Turns To Profit In Q1 www.nasdaq.com - May 16 at 8:46 AM
	Canadian Solar (CSIQ) Tops Q1 EPS by 25c, Beats on Revenues www.streetinsider.com - May 16 at 8:46 AM
	Canadian Solar beats by $0.25, beats on revenue seekingalpha.com - May 16 at 8:46 AM
	Canadian Solar (CSIQ) Q1 Earnings & Sales Top Estimates www.zacks.com - May 16 at 8:46 AM
	Canadian Solar Reports First Quarter 2018 Results finance.yahoo.com - May 16 at 8:45 AM
	Canadian Solar (CSIQ) Upgraded to Buy at Zacks Investment Research www.americanbankingnews.com - May 15 at 1:13 PM
	BRIEF-Canadian Solar Expands Solar Project Development To South Korea www.reuters.com - May 15 at 8:54 AM
	BRIEF-Canadian Solar Commissions 35MWp Open Access Solar Project In India www.reuters.com - May 15 at 8:54 AM
	Recurrent Energy Secures Financing and Tax Equity Investment for North Carolina Project from Prudential Capital Group and U.S. Bank finance.yahoo.com - May 15 at 8:54 AM
	Canadian Solar Commissions a 35MWp Open Access Solar Project in India finance.yahoo.com - May 15 at 8:54 AM
	Canadian Solar (CSIQ) Q1 Earnings: What's in the Offing? www.zacks.com - May 14 at 8:58 AM
	Canadian Solar Expands Solar Project Development to South Korea finance.yahoo.com - May 14 at 8:58 AM
	Canadian Solar (CSIQ) Q1 Earnings: What's in the Offing? finance.yahoo.com - May 14 at 8:58 AM
	Short Sellers Getting Out of Solar, Alt Energy Stocks www.msn.com - May 10 at 8:47 AM
	$1.38 Billion in Sales Expected for Canadian Solar (CSIQ) This Quarter www.americanbankingnews.com - May 10 at 4:18 AM
	Canadian Solar (CSIQ) Set to Announce Quarterly Earnings on Wednesday www.americanbankingnews.com - May 9 at 3:32 AM
	Brokerages Anticipate Canadian Solar (CSIQ) to Announce $0.38 EPS www.americanbankingnews.com - May 8 at 11:43 AM
	Canadian Solar Wins Second Award for Dual-Tenor Green Project Bond in Japan www.prnewswire.com - May 4 at 7:30 AM
	Canadian Solar (CSIQ) Stock Rating Lowered by ValuEngine www.americanbankingnews.com - May 3 at 8:25 PM
	Canadian Solar Schedules First Quarter 2018 Earnings Conference Call for May 16 finance.yahoo.com - April 30 at 8:43 AM
	BRIEF-Canadian Solar Partners With Global Investment Holdings To Develop And Provide Services For Up To 300 ... www.reuters.com - April 29 at 6:19 PM
	Canadian Solar Partners with Global Investment Holdings to Develop and Provide Services for up to 300 MWp Solar ... www.prnewswire.com - April 29 at 6:19 PM
	Canadian Solar (CSIQ) Given Consensus Recommendation of "Hold" by Brokerages www.americanbankingnews.com - April 29 at 3:30 PM
	Canadian Solar (CSIQ) Partners with GIH to Develop and Provide Services for up to 300 MWp Solar Projects in EMEA www.streetinsider.com - April 27 at 5:02 PM
	Canadian Solar Inc’s (NASDAQ:CSIQ) Earnings Grew 52.60%, Did It Beat Long-Term Trend? finance.yahoo.com - April 27 at 5:02 PM
	Canadian Solar Partners with Global Investment Holdings to Develop and Provide Services for up to 300 MWp Solar Projects in EMEA finance.yahoo.com - April 27 at 8:54 AM
	Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2017 www.prnewswire.com - April 27 at 12:10 AM
	Short Sellers Look for Direction in Solar, Alt Energy Stocks 247wallst.com - April 25 at 8:36 AM
	Canadian Solar (CSIQ) Cut to Sell at BidaskClub www.americanbankingnews.com - April 24 at 10:28 AM
	Canadian Solar (CSIQ) Expected to Post Quarterly Sales of $1.38 Billion www.americanbankingnews.com - April 23 at 4:19 AM

Canadian Solar (NASDAQ:CSIQ) SEC Filings

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Canadian Solar (NASDAQ:CSIQ) Income Statement, Balance Sheet and Cash Flow Statement

Canadian Solar (NASDAQ CSIQ) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff