Canadian 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: $903.34 million
- Outstanding Shares: 57,832,000
Average Prices:- 50 Day Moving Avg: $13.04
- 200 Day Moving Avg: $12.93
- 52 Week Range: $10.25 - $16.33
P/E:- Trailing P/E Ratio: 31.05
- Foreward P/E Ratio: 8.93
- P/E Growth: 0.29
Sales & Book Value:- Annual Revenue: $2.81 billion
- Price / Sales: 0.32
- Book Value: $15.30 per share
- Price / Book: 1.02
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: 1.26 million shs.
- Beta: 3.17
- Short Ratio: 6.16
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) released its quarterly earnings results on Tuesday, June, 6th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.04 by $0.14. The business earned $677 million during 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%. The firm's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 earnings per share. View Canadian Solar's Earnings History.
When will Canadian Solar make its next earnings announcement?
Where is Canadian Solar's stock going? Where will Canadian Solar's stock price be in 2017?
11 equities research analysts have issued twelve-month target prices for Canadian Solar's stock. Their predictions range from $12.00 to $31.00. On average, they anticipate 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?
Some companies that are related to Canadian Solar include Covanta Holding Corporation (CVA), Frank's International N.V. (FI), Tullow Oil PLC (TUWOY), SM Energy Company (SM), NOW (DNOW), Semgroup Corporation (SEMG), ENSCO PLC (ESV), Arch Coal, Inc. Class A (ARCH), Delek US Holdings (DK), Summit Midstream Partners, LP (SMLP), Crestwood Equity Partners LP (CEQP), Western Refining Logistics, LP (WNRL), Viper Energy Partners LP (VNOM), NGL ENERGY PARTNERS LP (NGL), Suburban Propane Partners, L.P. (SPH), Superior Energy Services (SPN), Alliance Resource Partners, L.P. (ARLP) and Noble Midstream Partners LP (NBLX).
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 shareholders include DnB Asset Management AS (0.00%), Ruffer LLP (1.57%), Prescott Group Capital Management L.L.C. (1.12%), Bank of America Corp DE (0.85%), SG Americas Securities LLC (0.30%) and Gabelli Funds LLC (0.27%). 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 Cipher Capital LP, Gabelli Funds LLC, Prescott Group Capital Management L.L.C., Morgan Stanley, Ruffer LLP, Commerzbank Aktiengesellschaft FI, DnB Asset Management AS and Tradition Capital Management LLC. 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 SG Americas Securities LLC, Bank of America Corp DE, Cambridge Investment Research Advisors Inc., Paloma Partners Management Co, Trellus Management Company LLC, Wedbush Securities Inc., Raymond James Financial Services Advisors Inc. and Geode Capital Management 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 $15.62.
MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)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.
Consensus Ratings for Canadian Solar (NASDAQ:CSIQ) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Sell Ratings, 6 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.09) |
| Consensus Price Target: | $16.58 (6.15% upside) |
Analysts' Ratings History for Canadian Solar (NASDAQ:CSIQ)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/9/2017 | Axiom Securities | Reiterated Rating | Sell | | Low |  |
| 6/8/2017 | Cowen and Company | Reiterated Rating | Hold | | Low | |
| 4/20/2017 | Oppenheimer Holdings, Inc. | Reiterated Rating | Outperform | $31.00 | Low | |
| 3/22/2017 | Roth Capital | Set Price Target | Hold | $12.00 | Medium | |
| 3/22/2017 | JPMorgan Chase & Co. | Lower Price Target | Neutral | $16.00 -> $14.00 | High | |
| 3/22/2017 | FBR & Co | Reiterated Rating | Mkt Perform -> Mkt Perform | $12.00 -> $13.00 | High | |
| 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 | |
| 8/24/2016 | Barclays PLC | Downgrade | Overweight -> Equal Weight | $24.00 -> $14.00 | 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 | |
| 3/29/2016 | Stifel Nicolaus | Reiterated Rating | Buy | $28.00 | N/A | |
| 3/16/2016 | Northland Securities | Initiated Coverage | Outperform | $36.00 | N/A | |
(Data available from 6/27/2015 forward)
Earnings History for Canadian Solar (NASDAQ:CSIQ)Earnings History by Quarter for Canadian Solar (NASDAQ CSIQ)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/16/2017 | | | | | | | | |
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Canadian Solar (NASDAQ:CSIQ)2017 EPS Consensus Estimate: $1.86
2018 EPS Consensus Estimate: $33.93
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | ($0.21) | $0.37 | $0.14 |
| Q2 2017 | 3 | ($0.14) | $0.57 | $0.11 |
| Q3 2017 | 3 | $0.47 | $0.75 | $0.63 |
| Q4 2017 | 3 | $0.53 | $1.27 | $0.98 |
| Q1 2018 | 2 | $0.06 | $0.42 | $0.24 |
| Q2 2018 | 2 | $0.04 | $65.00 | $32.52 |
| Q3 2018 | 2 | $0.33 | $0.65 | $0.49 |
| Q4 2018 | 2 | $0.37 | $0.98 | $0.68 |
(Data provided by Zacks Investment Research)
Dividend History for Canadian Solar (NASDAQ:CSIQ)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Canadian Solar (NASDAQ:CSIQ)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Canadian Solar (NASDAQ:CSIQ)
Latest Headlines for Canadian Solar (NASDAQ:CSIQ)
| Source: |
|
| Date | Headline |
|---|
 | JinkoSolar to Supply Solar Modules for Fuji Electric Project - Nasdaq
www.nasdaq.com - June 26 at 5:19 PM |
 | Canadian Solar Inc.'s Worst Moves in 2017 So Far - Motley Fool
www.fool.com - June 25 at 5:06 PM |
 | Canadian Solar Inc.'s Worst Moves in 2017 So Far
finance.yahoo.com - June 25 at 5:06 PM |
| Solar Stocks Jump -- and There’s a Lot More Room to Run
finance.yahoo.com - June 25 at 5:06 PM |
| Canadian Solar Inc.'s Worst Moves in 2017 So Far
www.fool.com - June 25 at 8:31 AM |
| Why Shares of Canadian Solar Inc. Popped 12% Today - Motley Fool
www.fool.com - June 24 at 3:15 AM |
| Canadian Solar Inc. (CSIQ) Shows Strength: Stock Adds 7.7% in Session - Nasdaq
www.nasdaq.com - June 24 at 3:15 AM |
| Solar shares shine after Trump talks up 'solar wall' - Nasdaq
www.nasdaq.com - June 23 at 5:09 PM |
 | Solar Manufacturing Landscape Post Q1 2017 Results - Seeking Alpha
seekingalpha.com - June 23 at 5:09 PM |
| Canadian Solar, Inc. :CSIQ-US: Earnings Analysis: Q1, 2017 By the Numbers : June 22, 2017
finance.yahoo.com - June 22 at 4:53 PM |
| Why Shares of Canadian Solar Inc. Popped 12% Today
www.fool.com - June 22 at 4:32 PM |
 | Canadian Solar Divests Stake in Brazil's Pirapora II Project
www.zacks.com - June 21 at 5:47 PM |
| Canadian Solar Divests Stake in Brazil's Pirapora II Project
finance.yahoo.com - June 21 at 5:47 PM |
| EDF 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 |
| ETFs with exposure to Canadian Solar, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 6:26 PM |
| Canadian Solar, Inc. – Value Analysis (NASDAQ:CSIQ) : June 15, 2017
finance.yahoo.com - June 15 at 6:26 PM |
| Canadian 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 |
 | Canadian Solar Inc. (CSIQ) Given "Hold" Rating at Cowen and Company
www.americanbankingnews.com - June 11 at 7:52 AM |
| Canadian Solar Inc. (CSIQ) Receives "Sell" Rating from Axiom Securities
www.americanbankingnews.com - June 9 at 11:26 PM |
| Brokerages Anticipate Canadian Solar Inc. (CSIQ) Will Announce Quarterly Sales of $622.82 Million
www.americanbankingnews.com - June 9 at 1:02 PM |
| Q2 2017 Earnings Forecast for Canadian Solar Inc. (CSIQ) Issued By FBR & Co
www.americanbankingnews.com - June 9 at 7:43 AM |
| Canadian Solar 2017 Looks Cloudy - Seeking Alpha
seekingalpha.com - June 8 at 10:33 PM |
| Featured 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 |
| Research Analysts Issue Forecasts for Canadian Solar Inc.'s FY2017 Earnings (CSIQ)
www.americanbankingnews.com - June 8 at 8:26 AM |
| Oppenheimer Holdings Research Analysts Cut Earnings Estimates for Canadian Solar Inc. (CSIQ)
www.americanbankingnews.com - June 8 at 7:34 AM |
| Zacks: Analysts Expect Canadian Solar Inc. (CSIQ) to Announce $0.44 EPS
www.americanbankingnews.com - June 7 at 6:32 PM |
| Canadian Solar's (CSIQ) Market Perform Rating Reaffirmed at Cowen and Company
www.americanbankingnews.com - June 7 at 12:22 PM |
| Canadian Solar Reports First Quarter 2017 Results
finance.yahoo.com - June 6 at 9:48 PM |
| Investor Network: Canadian Solar Inc. to Host Earnings Call
finance.yahoo.com - June 6 at 9:48 PM |
| Canadian Solar reports 1Q loss
finance.yahoo.com - June 6 at 9:48 PM |
| Canadian Solar (CSIQ) Posts Wider-than-Expected Q1 Loss
finance.yahoo.com - June 6 at 9:48 PM |
| Edited Transcript of CSIQ earnings conference call or presentation 6-Jun-17 12:00pm GMT
finance.yahoo.com - June 6 at 9:48 PM |
| Canadian Solar Inc. (CSIQ) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 6 at 6:40 PM |
| Implied Volatility Surging for Canadian Solar (CSIQ) Stock Options ... - Nasdaq
www.nasdaq.com - June 6 at 4:46 PM |
| Canadian Solar (CSIQ) Posts Wider-than-Expected Q1 Loss - Nasdaq
www.nasdaq.com - June 6 at 4:46 PM |
| Canadian Solar Inc. (CSIQ) Announces Earnings Results, Misses Expectations By $0.09 EPS
www.americanbankingnews.com - June 6 at 8:50 AM |
| JinkoSolar Holding Co. (JKS) vs. Canadian Solar (CSIQ) Head-To-Head Survey
www.americanbankingnews.com - June 5 at 12:47 PM |
| Canadian Solar Inc. (CSIQ) Downgraded to "Hold" at ValuEngine
www.americanbankingnews.com - June 4 at 9:52 PM |
| Canadian Solar, Inc. breached its 50 day moving average in a Bearish Manner : CSIQ-US : June 1, 2017
finance.yahoo.com - June 2 at 6:01 PM |
| Is Canadian Solar (CSIQ) Set to Disappoint in Q1 Earnings?
finance.yahoo.com - June 2 at 6:01 PM |
 | Canadian Solar Showcases New High Efficiency Modules during Intersolar Europe 2017
www.finanznachrichten.de - May 31 at 9:36 PM |
| Canadian Solar Launches the Latest High Efficiency Poly Modules at Intersolar Europe 2017
finance.yahoo.com - May 31 at 9:36 PM |
| Canadian Solar to Supply 268MW Modules to Dubai Solar Park - Nasdaq
www.nasdaq.com - May 31 at 4:34 PM |
 | Canadian Solar Launches the Latest High Efficiency Poly Modules at Intersolar Europe 2017 - PR Newswire (press release)
www.prnewswire.com - May 31 at 10:02 AM |
 | Canadian Solar (CSIQ) Selected to Supply 268 MW Dymond ... - StreetInsider.com
www.streetinsider.com - May 30 at 9:32 PM |
| ETFs with exposure to Canadian Solar, Inc. : May 30, 2017
finance.yahoo.com - May 30 at 4:31 PM |
| Canadian Solar Supplies 268 MW Dymond Modules for the DEWA Project in Dubai
finance.yahoo.com - May 30 at 11:51 AM |
| Here's Why The Worst Is Yet to Come for Canadian Solar Inc.
www.fool.com - May 24 at 4:23 PM |
| Here's Why The Worst Is Yet to Come for Canadian Solar Inc.
finance.yahoo.com - May 24 at 4:23 PM |
| ETFs with exposure to Canadian Solar, Inc. : May 18, 2017
finance.yahoo.com - May 18 at 4:27 PM |
Canadian Solar (CSIQ) Chart for Tuesday, June, 27, 2017
