NASDAQ:CSIQ - Canadian Solar Stock Price, News, Headlines & Rumors

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

Canadian Solar Inc. (NASDAQ:CSIQ) announced its quarterly earnings results on Tuesday, August, 14th. The solar energy provider reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.18. The solar energy provider earned $650.10 million during the quarter, compared to the consensus estimate of $711.53 million. Canadian Solar had a net margin of 3.78% and a return on equity of 10.51%. The company's quarterly revenue was down 6.1% compared to the same quarter last year. During the same period last year, the firm earned $0.63 EPS. View Canadian Solar's Earnings History.

10 brokers have issued twelve-month target prices 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 $17.40 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Canadian Solar.

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

News articles about CSIQ stock have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. 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 news impact score of 0.23 on Accern's scale. They also assigned news articles about the solar energy provider an impact score of 46.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Canadian Solar.

Canadian Solar's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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%), Hussman Strategic Advisors Inc. (0.35%) and GABELLI & Co INVESTMENT ADVISERS INC. (0.22%).

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

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

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 $13.31.

Canadian Solar has a market capitalization of $828.28 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]