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 Tuesday, August, 14th. The solar energy provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by $0.01. The solar energy provider earned $650.10 million during the quarter, compared to analysts' expectations of $711.53 million. Canadian Solar had a net margin of 3.26% and a return on equity of 12.44%. The firm's revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.63 EPS. View Canadian Solar's Earnings History.

Canadian Solar is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Canadian Solar.

9 brokerages have issued twelve-month price objectives for Canadian Solar's stock. Their predictions range from $14.00 to $24.00. On average, they anticipate Canadian Solar's share price to reach $17.6667 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price. View Analyst Price Targets for Canadian Solar.

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

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

News coverage about CSIQ stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canadian Solar earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the solar energy provider an impact score of 47.96 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Canadian Solar.

Canadian Solar's stock is owned by a number of of institutional and retail investors. Top institutional investors include DnB Asset Management AS (2.35%), Bank of America Corp DE (1.43%), Connor Clark & Lunn Investment Management Ltd. (1.23%), Luminus Management LLC (0.93%), California Public Employees Retirement System (0.50%) and Hussman Strategic Advisors Inc. (0.35%).

CSIQ stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Millennium Management LLC, Paloma Partners Management Co and Ruffer LLP.

CSIQ stock was acquired by a variety of institutional investors in the last quarter, including Luminus Management LLC, California Public Employees Retirement System, Connor Clark & Lunn Investment Management Ltd., GABELLI & Co INVESTMENT ADVISERS INC., Bank of America Corp DE, Gabelli Funds LLC, KBC Group NV and Hussman Strategic Advisors Inc..

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 $13.13.

Canadian Solar has a market capitalization of $760.42 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]