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

Canadian Solar trades on the NASDAQ under the ticker symbol "CSIQ."

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

Canadian Solar is scheduled to release their next quarterly earnings announcement on Monday, August, 13th 2018. View Earnings Estimates for Canadian Solar.

10 brokers have issued 1-year target prices 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 $17.40 in the next year. This suggests a possible upside of 32.8% from the stock's current price. View Analyst Ratings for Canadian Solar.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Canadian Solar saw a increase in short interest in June. As of June 15th, there was short interest totalling 2,924,754 shares, an increase of 134.4% from the May 31st total of 1,247,598 shares. Based on an average daily trading volume, of 2,417,600 shares, the short-interest ratio is presently 1.2 days. Currently, 6.5% of the shares of the stock are short sold. View Canadian Solar's Current Options Chain.

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

Media headlines about CSIQ stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Canadian Solar earned a news sentiment score of 0.05 on Accern's scale. They also assigned news coverage about the solar energy provider an impact score of 44.47 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Canadian Solar's stock is owned by many different of retail and institutional investors. Top institutional investors include DnB Asset Management AS (2.35%). View Institutional Ownership Trends for Canadian Solar.

CSIQ stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS. View Insider Buying and Selling for 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.

One share of CSIQ stock can currently be purchased for approximately $13.10.

Canadian Solar has a market capitalization of $759.84 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]