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

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$18.55 -0.20 (-1.07 %)
(As of 03/25/2019 02:08 PM ET)
Previous Close$18.75
Today's Range$18.14 - $18.80
52-Week Range$11.37 - $25.89
Volume720,463 shs
Average Volume1.17 million shs
Market Capitalization$1.08 billion
P/E Ratio5.66
Dividend YieldN/A
Beta2.49
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.

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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$3.74 billion
Cash Flow$2.7080 per share
Book Value$21.94 per share

Profitability

Net Income$237.07 million

Miscellaneous

Employees12,129
Market Cap$1.08 billion
Next Earnings Date5/15/2019 (Estimated)
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) released its quarterly earnings data on Thursday, March, 21st. The solar energy provider reported $1.61 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.87 by $0.74. The solar energy provider earned $901 million during the quarter, compared to the consensus estimate of $872.02 million. Canadian Solar had a return on equity of 18.40% and a net margin of 6.33%. The company's quarterly revenue was down 18.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 earnings per share. 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 Wednesday, May 15th 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 2019 earnings guidance on Thursday, March, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.5-3.8 billion, compared to the consensus revenue estimate of $3.94 billion.Canadian Solar also updated its Q1 2019 guidance to EPS.

What price target have analysts set for CSIQ?

7 brokers have issued twelve-month price targets for Canadian Solar's stock. Their predictions range from $17.00 to $27.00. On average, they anticipate Canadian Solar's share price to reach $20.60 in the next year. This suggests a possible upside of 11.1% from the stock's current price. 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 4 hold ratings and 3 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?

Media headlines about CSIQ stock have trended positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing 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 nearest to five being the most favorable. Canadian Solar earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned media headlines about the solar energy provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of Canadian Solar's key competitors?

What other stocks do shareholders of Canadian Solar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Solar investors own include First Solar (FSLR), Tesla (TSLA), Micron Technology (MU), Gilead Sciences (GILD), SunPower (SPWR), Twitter (TWTR), JinkoSolar (JKS), Alibaba Group (BABA), NVIDIA (NVDA) and Netflix (NFLX).

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (2.82%), Norges Bank (2.16%), Connor Clark & Lunn Investment Management Ltd. (1.97%), Millennium Management LLC (1.66%), Bank of America Corp DE (1.47%) and Two Sigma Investments LP (0.77%).

Which institutional investors are selling Canadian Solar stock?

CSIQ stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., DNB Asset Management AS, Assenagon Asset Management S.A., Canada Pension Plan Investment Board, KBC Group NV, Amundi Pioneer Asset Management Inc., Bank of America Corp DE and Van ECK Associates Corp.

Which institutional investors are buying Canadian Solar stock?

CSIQ stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Connor Clark & Lunn Investment Management Ltd., Two Sigma Investments LP, Two Sigma Advisers LP, Acadian Asset Management LLC, ClariVest Asset Management LLC and California Public Employees Retirement System.

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 $18.55.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $1.08 billion and generates $3.74 billion in revenue each year. The solar energy provider earns $237.07 million in net income (profit) each year or $3.28 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:  451 (Vote Outperform)
Underperform Votes:  585 (Vote Underperform)
Total Votes:  1,036
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 3/25/2019 by MarketBeat.com Staff

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