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: $959.95 million
  • Outstanding Shares: 57,832,000
Average Prices:
  • 50 Day Moving Avg: $15.24
  • 200 Day Moving Avg: $13.59
  • 52 Week Range: $10.25 - $18.12
P/E:
  • Trailing P/E Ratio: 32.49
  • Foreward P/E Ratio: 9.13
  • P/E Growth: 0.32
Sales & Book Value:
  • Annual Revenue: $2.81 billion
  • Price / Sales: 0.34
  • Book Value: $15.30 per share
  • Price / Book: 1.07
Profitability:
  • EBIDTA: $112.21 million
  • Net Margins: 1.04%
  • Return on Equity: 7.12%
  • Return on Assets: 1.24%
Debt:
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.87%
Misc:
  • Average Volume: 1.37 million shs.
  • Beta: 3.08
  • Short Ratio: 4.23
 
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) issued its earnings results on Tuesday, June, 6th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.14. The business had revenue of $677 million for the quarter, compared to analyst estimates of $580.45 million. Canadian Solar had a net margin of 1.04% and a return on equity of 7.12%. Canadian Solar's revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 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, August, 14th 2017. View Earnings Estimates for Canadian Solar.

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

11 brokerages have issued 1 year price targets for Canadian Solar's shares. Their forecasts range from $12.00 to $31.00. On average, they expect Canadian Solar's stock price to reach $16.58 in the next twelve months. 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 many different of retail and institutional investors. Top institutional investors include DnB Asset Management AS (6.65%), Prescott Group Capital Management L.L.C. (1.15%), Trellus Management Company LLC (0.07%), Fox Run Management L.L.C. (0.05%), Guinness Atkinson Asset Management Inc (0.04%) and Guinness Asset Management Ltd (0.03%). 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 and Guinness Atkinson Asset Management Inc. View Insider Buying and Selling for Canadian Solar.

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

Canadian Solar's stock was bought by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., Prescott Group Capital Management L.L.C. and Trellus Management Company LLC. 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 $16.34.


MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  352 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  766
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, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $16.58 (1.47% upside)

Analysts' Ratings History for Canadian Solar (NASDAQ:CSIQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/22/2017Axiom SecuritiesReiterated RatingBuyLowView Rating Details
7/10/2017Cowen and CompanySet Price TargetHold$13.00LowView 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
3/22/2017FBR & CoReiterated RatingMkt Perform -> Mkt Perform$12.00 -> $13.00HighView 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
8/24/2016Barclays PLCDowngradeOverweight -> Equal Weight$24.00 -> $14.00N/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 7/28/2015 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
8/16/2017N/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: $1.86
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$0.47$0.75$0.63
Q4 20173$0.53$1.27$0.98
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
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
finance.yahoo.com logoCanadian Solar Clears Key Benchmark, Hitting 80-Plus RS Rating
finance.yahoo.com - July 14 at 4:50 AM
finance.yahoo.com logoETFs with exposure to Canadian Solar, Inc. : July 11, 2017
finance.yahoo.com - July 12 at 4:46 AM
fool.com logoWhy Shares of Canadian Solar Inc. Popped 24% in June - Motley Fool
www.fool.com - July 10 at 10:37 PM
finance.yahoo.com logoWhy Shares of Canadian Solar Inc. Popped 24% in June
finance.yahoo.com - July 10 at 5:34 PM
finance.yahoo.com logoWhy the Solar Industry Is Rallying
finance.yahoo.com - July 10 at 5:34 PM
fool.com logoIgnore Canadian Solar Inc.: Here Are 3 Better Stocks - Motley Fool
www.fool.com - July 9 at 10:42 AM
fool.com logoIgnore Canadian Solar Inc.: Here Are 3 Better Stocks
www.fool.com - July 8 at 8:29 AM
americanbankingnews.com logoHead to Head Contrast: DAQO New Energy Corp. (DQ) and Canadian Solar (NASDAQ:CSIQ)
www.americanbankingnews.com - July 6 at 2:44 PM
fool.com logoCanadian Solar Inc. in 3 Charts
www.fool.com - July 6 at 8:22 AM
americanbankingnews.com logoHead-To-Head Review: Canadian Solar (CSIQ) & SolarEdge Technologies (SEDG)
www.americanbankingnews.com - July 5 at 6:36 PM
americanbankingnews.com logo$622.82 Million in Sales Expected for Canadian Solar Inc. (NASDAQ:CSIQ) This Quarter
www.americanbankingnews.com - July 5 at 9:51 AM
americanbankingnews.com logoCanadian Solar Inc. (NASDAQ:CSIQ) Expected to Post Earnings of -$0.16 Per Share
www.americanbankingnews.com - July 3 at 8:31 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 3 at 6:52 PM
americanbankingnews.com logoCritical Survey: SunPower (SPWRA) versus Canadian Solar (NASDAQ:CSIQ)
www.americanbankingnews.com - July 2 at 10:28 PM
streetinsider.com logoForm 6-K Canadian Solar Inc. For: Jun 30 - StreetInsider.com
www.streetinsider.com - June 29 at 3:29 AM
streetinsider.com logoForm 6-K Canadian Solar Inc. For: Jun 30
www.streetinsider.com - June 28 at 5:27 PM
finance.yahoo.com logoCanadian Solar Inc. Announces Results of 2017 Annual Meeting of Shareholders
finance.yahoo.com - June 28 at 5:27 PM
finance.yahoo.com logoETFs with exposure to Canadian Solar, Inc. : June 26, 2017
finance.yahoo.com - June 27 at 9:51 PM
nasdaq.com logoJinkoSolar to Supply Solar Modules for Fuji Electric Project - Nasdaq
www.nasdaq.com - June 26 at 5:19 PM
fool.com logoCanadian Solar Inc.'s Worst Moves in 2017 So Far - Motley Fool
www.fool.com - June 25 at 5:06 PM
finance.yahoo.com logoCanadian Solar Inc.'s Worst Moves in 2017 So Far
finance.yahoo.com - June 25 at 5:06 PM
finance.yahoo.com logoSolar Stocks Jump -- and There’s a Lot More Room to Run
finance.yahoo.com - June 25 at 5:06 PM
fool.com logoCanadian Solar Inc.'s Worst Moves in 2017 So Far
www.fool.com - June 25 at 8:31 AM
fool.com logoWhy Shares of Canadian Solar Inc. Popped 12% Today - Motley Fool
www.fool.com - June 24 at 3:15 AM
nasdaq.com logoCanadian Solar Inc. (CSIQ) Shows Strength: Stock Adds 7.7% in Session - Nasdaq
www.nasdaq.com - June 24 at 3:15 AM
nasdaq.com logoSolar shares shine after Trump talks up 'solar wall' - Nasdaq
www.nasdaq.com - June 23 at 5:09 PM
seekingalpha.com logoSolar Manufacturing Landscape Post Q1 2017 Results - Seeking Alpha
seekingalpha.com - June 23 at 5:09 PM
finance.yahoo.com logoCanadian Solar, Inc. :CSIQ-US: Earnings Analysis: Q1, 2017 By the Numbers : June 22, 2017
finance.yahoo.com - June 22 at 4:53 PM
fool.com logoWhy Shares of Canadian Solar Inc. Popped 12% Today
www.fool.com - June 22 at 4:32 PM
zacks.com logoCanadian Solar Divests Stake in Brazil's Pirapora II Project
www.zacks.com - June 21 at 5:47 PM
finance.yahoo.com logoCanadian Solar Divests Stake in Brazil's Pirapora II Project
finance.yahoo.com - June 21 at 5:47 PM
finance.yahoo.com logoEDF Energies Nouvelles to Partner with Canadian Solar for an Additional 115 MWp of Solar Project in Brazil
finance.yahoo.com - June 19 at 7:03 PM
finance.yahoo.com logoETFs with exposure to Canadian Solar, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 6:26 PM
finance.yahoo.com logoCanadian Solar, Inc. – Value Analysis (NASDAQ:CSIQ) : June 15, 2017
finance.yahoo.com - June 15 at 6:26 PM
finance.yahoo.com logoCanadian Solar, Inc. breached its 50 day moving average in a Bullish Manner : CSIQ-US : June 14, 2017
finance.yahoo.com - June 14 at 5:28 PM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Given "Hold" Rating at Cowen and Company
www.americanbankingnews.com - June 11 at 7:52 AM
americanbankingnews.com logoCanadian Solar Inc. (CSIQ) Receives "Sell" Rating from Axiom Securities
www.americanbankingnews.com - June 9 at 11:26 PM
americanbankingnews.com logo Brokerages Anticipate Canadian Solar Inc. (CSIQ) Will Announce Quarterly Sales of $622.82 Million
www.americanbankingnews.com - June 9 at 1:02 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Canadian Solar Inc. (CSIQ) Issued By FBR & Co
www.americanbankingnews.com - June 9 at 7:43 AM
seekingalpha.com logoCanadian Solar 2017 Looks Cloudy - Seeking Alpha
seekingalpha.com - June 8 at 10:33 PM
finance.yahoo.com logoFeatured Company News - CEO of JA Solar Holdings Offers to Acquire the Company, Sends a Non-binding Proposal
finance.yahoo.com - June 8 at 9:06 AM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Canadian Solar Inc.'s FY2017 Earnings (CSIQ)
www.americanbankingnews.com - June 8 at 8:26 AM

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Chart

Canadian Solar (CSIQ) Chart for Friday, July, 28, 2017

This page was last updated on 7/28/2017 by MarketBeat.com Staff