NASDAQ:CSIQ - Canadian Solar Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$18.03 -0.15 (-0.83 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$18.03
Today's Range$17.85 - $18.49
52-Week Range$11.37 - $18.49
Volume620,967 shs
Average Volume626,861 shs
Market Capitalization$1.05 billion
P/E Ratio17.34
Dividend YieldN/A
Beta1.74
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company operates through two segments, Module and System Solutions, and Energy. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems. The company also provides specialty solar products consisting of Andes Solar Home System, an off-grid solar system that provides an economical source of electricity to homes and communities without access to grid; and Maple Solar System, a clean energy solution for families, as well as solar system kits, which are a ready-to-install packages that consist inverters, racking systems, and other accessories. In addition, it develops, builds, and sells solar power projects; performs engineering, procurement, and construction (EPC) work for solar power projects; and offers operation and maintenance services that include inspection, repair, and replacement of plant equipment, site management, and administrative support services. Further, the company generates and sells electricity through its solar plants with an aggregate capacity of approximately 1,211.1 megawatts. Canadian Solar Inc. offers its products to distributors, system integrators, project developers, and installers/EPC companies. The company has operations in North America, South America, Europe, Africa, the Middle East, Australia, and Asia. Canadian Solar Inc. was founded in 2001 and is based in Guelph, Canada.

Receive CSIQ News and Ratings via Email

Sign-up to receive the latest news and ratings for CSIQ and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:CSIQ
CUSIPN/A
Phone519-837-1881

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.39 billion
Cash Flow$2.7154 per share
Book Value$18.27 per share

Profitability

Net Income$99.57 million

Miscellaneous

Employees12,129
Market Cap$1.05 billion
OptionableOptionable

Canadian Solar (NASDAQ:CSIQ) Frequently Asked Questions

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) posted its earnings results on Thursday, November, 15th. The solar energy provider reported $0.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.50. The solar energy provider had revenue of $767.97 million for the quarter, compared to analysts' expectations of $806.13 million. Canadian Solar had a net margin of 4.73% and a return on equity of 15.89%. View Canadian Solar's Earnings History.

When is Canadian Solar's next earnings date?

Canadian Solar is scheduled to release their next quarterly earnings announcement on Monday, March 18th 2019. View Earnings Estimates for Canadian Solar.

What guidance has Canadian Solar issued on next quarter's earnings?

Canadian Solar issued an update on its FY 2018 earnings guidance on Thursday, November, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.53-3.64 billion, compared to the consensus revenue estimate of $4.05 billion.Canadian Solar also updated its Q4 2018 guidance to EPS.

What price target have analysts set for CSIQ?

7 equities research analysts have issued twelve-month price targets for Canadian Solar's shares. Their forecasts range from $15.00 to $19.00. On average, they expect Canadian Solar's share price to reach $17.40 in the next year. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Canadian Solar.

What is the consensus analysts' recommendation for Canadian Solar?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Solar.

Has Canadian Solar been receiving favorable news coverage?

Headlines about CSIQ stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canadian Solar earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media coverage about the solar energy provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days.

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:
  • Dr. Xiaohua Qu, Chairman, Pres & CEO (Age 55)
  • Mr. Arthur Chien, Sr. VP, Chief Strategy Officer & Pres of Energy Bus. (Age 58)
  • Mr. Yan Zhuang, Sr. VP, Chief Commercial Officer and Pres of Modules & Systems Solutions Bus. (Age 55)
  • Dr. Huifeng Chang, Sr. VP & CFO (Age 53)
  • Mr. Guangchun Zhang, Sr. VP & COO (Age 62)

Who are Canadian Solar's major shareholders?

Canadian Solar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (0.74%) and Virtu Financial LLC (0.05%).

Which institutional investors are selling Canadian Solar stock?

CSIQ stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS.

Which institutional investors are buying Canadian Solar stock?

CSIQ stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC.

How do I buy shares of 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.

What is Canadian Solar's stock price today?

One share of CSIQ stock can currently be purchased for approximately $18.03.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $1.05 billion 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 12,129 workers across the globe.

What is Canadian Solar's official website?

The official website for Canadian Solar is http://www.canadiansolar.com.

How can I contact Canadian Solar?

Canadian Solar's mailing address is 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, N1K 1E6. The solar energy provider can be reached via phone at 519-837-1881 or via email at [email protected]


MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  437 (Vote Outperform)
Underperform Votes:  563 (Vote Underperform)
Total Votes:  1,000
MarketBeat's community ratings are surveys of what our community members think about Canadian Solar and other stocks. Vote "Outperform" if you believe CSIQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSIQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel