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

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

Canadian Solar Inc. (NASDAQ:CSIQ) issued its quarterly earnings results on Thursday, November, 15th. The solar energy provider reported $0.96 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.46 by $0.50. The solar energy provider had revenue of $767.97 million for the quarter, compared to the consensus estimate of $806.13 million. Canadian Solar had a net margin of 4.73% and a return on equity of 16.25%. View Canadian Solar's Earnings History.

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

Canadian Solar updated its FY 2018 earnings guidance on Thursday, November, 15th. The company provided earnings per share (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.

8 brokerages have issued 1-year target prices for Canadian Solar's stock. Their forecasts range from $14.00 to $19.00. On average, they expect Canadian Solar's stock price to reach $16.7143 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price. View Analyst Price Targets for Canadian Solar.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Solar.

Media headlines about CSIQ stock have been trending somewhat negative on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canadian Solar earned a news impact score of -1.2 on InfoTrie's scale. They also gave media headlines about the solar energy provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the next several days.

Some companies that are related to Canadian Solar include Silicon Laboratories (SLAB), Advantest (ATEYY), Semtech (SMTC), Finisar (FNSR), Cabot Microelectronics (CCMP), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Dialog Semiconductor (DLGNF), Acacia Communications (ACIA), Solaredge Technologies (SEDG), Diodes (DIOD), Inphi (IPHI), Power Integrations (POWI), BE Semiconductor Industrs (BESIY) and Amkor Technology (AMKR).

Canadian Solar's stock is owned by many different of institutional and retail investors. Top institutional investors include Luminus Management LLC (4.60%), BlackRock Inc. (4.19%), DNB Asset Management AS (2.01%), Connor Clark & Lunn Investment Management Ltd. (1.18%), Assenagon Asset Management S.A. (0.85%) and Hussman Strategic Advisors Inc. (0.21%).

CSIQ stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Hussman Strategic Advisors Inc., SG Americas Securities LLC, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., GFS Advisors LLC, GFS Advisors LLC and First Trust Advisors LP.

CSIQ stock was bought by a variety of institutional investors in the last quarter, including Luminus Management LLC, Assenagon Asset Management S.A., Man Group plc, Mirae Asset Global Investments Co. Ltd., Atlas Capital Advisors LLC, Cambridge Investment Research Advisors Inc., Mackenzie Financial Corp and Moody National Bank Trust Division.

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 $16.00.

Canadian Solar has a market capitalization of $928.05 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 12,129 workers across the globe.

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

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]