S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
NASDAQ:CSIQ

Canadian Solar Stock Forecast, Price & News

$36.71
+0.43 (+1.19 %)
(As of 10/15/2021 07:55 PM ET)
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Compare
Today's Range
$36.05
$37.18
50-Day Range
$31.79
$42.00
52-Week Range
$31.40
$67.39
Volume993,200 shs
Average Volume1.69 million shs
Market Capitalization$2.20 billion
P/E Ratio45.89
Dividend YieldN/A
Beta1.39
30 days | 90 days | 365 days | Advanced Chart
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Canadian Solar logo

About Canadian Solar

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules and provides solar energy solutions. It operates through the Module and System Solutions (MSS) and Energy segments. The MSS segment involves in the design, development, manufacture, and sales of solar power products and solar system kits, and operation and maintenance services. The Energy segment comprises primarily of the development and sale of solar projects, operating solar power projects and the sale of electricity. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.

Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:CSIQ
Employees
12,774
Year Founded
2001

Sales & Book Value

Annual Sales
$3.48 billion
Cash Flow
$5.30 per share
Book Value
$31.64 per share

Profitability

Net Income
$146.70 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$2.20 billion
Next Earnings Date
11/18/2021 (Estimated)
Optionable
Optionable

Social Links


MarketRank

Overall MarketRank

2.02 out of 5 stars

Oils/Energy Sector

125th out of 349 stocks

Semiconductors & Related Devices Industry

61st out of 116 stocks

Analyst Opinion: 3.3Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -












Canadian Solar (NASDAQ:CSIQ) Frequently Asked Questions

Is Canadian Solar a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Canadian Solar stock.
View analyst ratings for Canadian Solar
or view top-rated stocks.

What stocks does MarketBeat like better than Canadian Solar?

Wall Street analysts have given Canadian Solar a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Canadian Solar wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Canadian Solar's next earnings date?

Canadian Solar is scheduled to release its next quarterly earnings announcement on Thursday, November 18th 2021.
View our earnings forecast for Canadian Solar
.

How were Canadian Solar's earnings last quarter?

Canadian Solar Inc. (NASDAQ:CSIQ) released its quarterly earnings data on Thursday, August, 12th. The solar energy provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.31) by $0.49. The solar energy provider had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. Canadian Solar had a net margin of 1.11% and a trailing twelve-month return on equity of 2.62%. During the same period last year, the firm earned $0.34 EPS.
View Canadian Solar's earnings history
.

How has Canadian Solar's stock been impacted by COVID-19 (Coronavirus)?

Canadian Solar's stock was trading at $17.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CSIQ shares have increased by 105.2% and is now trading at $36.71.
View which stocks have been most impacted by COVID-19
.

How will Canadian Solar's stock buyback program work?

Canadian Solar announced that its Board of Directors has approved a stock repurchase plan on Monday, December 9th 2019, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 13% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

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

Canadian Solar issued an update on its FY 2021 earnings guidance on Thursday, September, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.60 billion-$6 billion, compared to the consensus revenue estimate of $5.90 billion.

What price target have analysts set for CSIQ?

8 Wall Street analysts have issued 1-year price objectives for Canadian Solar's shares. Their forecasts range from $18.00 to $71.00. On average, they anticipate Canadian Solar's stock price to reach $48.63 in the next year. This suggests a possible upside of 32.5% from the stock's current price.
View analysts' price targets for Canadian Solar
or view top-rated stocks among Wall Street analysts.

Who are Canadian Solar's key executives?

Canadian Solar's management team includes the following people:
  • Shawn Qu, Chairman & Chief Executive Officer
  • Hui Feng Chang, Chief Financial Officer, Director & Senior VP
  • Jian Yi Zhang, Chief Compliance Officer, SVP & General Counsel
  • Ismael Guerrero-Arias, Vice President & President-Energy Group
  • Jian Chien, Chief Strategy Officer & President-Energy Business

What is Shawn X. Qu's approval rating as Canadian Solar's CEO?

36 employees have rated Canadian Solar CEO Shawn X. Qu on Glassdoor.com. Shawn X. Qu has an approval rating of 74% among Canadian Solar's employees.

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 Micron Technology (MU), First Solar (FSLR), Tesla (TSLA), Gilead Sciences (GILD), Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD) and SunPower (SPWR).

What is Canadian Solar's stock symbol?

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

Who are Canadian Solar's major shareholders?

Canadian Solar's stock is owned by a number of institutional and retail investors. Top institutional investors include DNB Asset Management AS (1.26%), Green Alpha Advisors LLC (0.05%) and Koshinski Asset Management Inc. (0.00%).

Which institutional investors are selling Canadian Solar stock?

CSIQ stock was sold by a variety of institutional investors in the last quarter, including Green Alpha Advisors LLC.

Which institutional investors are buying Canadian Solar stock?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Canadian Solar's stock price today?

One share of CSIQ stock can currently be purchased for approximately $36.71.

How much money does Canadian Solar make?

Canadian Solar has a market capitalization of $2.20 billion and generates $3.48 billion in revenue each year. The solar energy provider earns $146.70 million in net income (profit) each year or $1.71 on an earnings per share basis.

How many employees does Canadian Solar have?

Canadian Solar employs 12,774 workers across the globe.

Does Canadian Solar have any subsidiaries?

The following companies are subsidiares of Canadian Solar: CSI Cells (Yancheng) Co., CSI Cells Co., CSI Investment Management (SuZhou) Co., CSI Modules (DaFeng) Co., CSI Modules (JiaXing) Co., CSI New Energy Holding Co., CSI Solar Power Group Co., CSI Solar Technologies Inc., CSI Solartronics (Changshu) Co., CSI Wafer (LuoYang) Co., CSI&GCL Solar Manufacturing (Yan Cheng) Inc., CSUK Energy Systems Construction and Generation JSC, Canadian Solar (Australia) Pty Limited, Canadian Solar (USA) Inc., Canadian Solar Argentina Investment Holding Ltd., Canadian Solar Asset Management LLC, Canadian Solar Brazil Commerce, Canadian Solar Construction (Australia) Pty Ltd, Canadian Solar Construction (USA) LLC, Canadian Solar EMEA GmbH, Canadian Solar Energy Holding Company Limited, Canadian Solar Energy Holding Singapore Pte. Ltd., Canadian Solar Energy Private Limited, Canadian Solar Energy Singapore Pte. Ltd., Canadian Solar International Limited, Canadian Solar Japan K.K., Canadian Solar MSS (Australia) Pty Ltd, Canadian Solar Manufacturing (Changshu) Inc., Canadian Solar Manufacturing (Luoyang) Inc., Canadian Solar Manufacturing (Thailand) Co., Canadian Solar Manufacturing Taiwan Co., Canadian Solar Manufacturing Vietnam Co., Canadian Solar Middle East DMCC, Canadian Solar Netherlands Cooperative U.A., Canadian Solar New Energy Holding Company Limited, Canadian Solar O and M (Ontario) Inc., Canadian Solar Projects K.K., Canadian Solar SSES (Canada) Inc., Canadian Solar SSES (UK) Ltd, Canadian Solar SSES (US) Inc., Canadian Solar Solutions Inc., Canadian Solar South Africa (Pty) Ltd, Canadian Solar South East Asia Pte. Ltd., Canadian Solar Sunenergy (Baotou) Co., Canadian Solar Sunenergy (Suzhou) Co., Canadian Solar UK Ltd., Canadian Solar UK Projects Ltd., Changshu Tegu New Material Technology Co., Changshu Tlian Co., PT. Canadian Solar Indonesia, Recurrent Energy, Recurrent Energy, Recurrent Energy Group Inc., Suzhou Gaochuangte New Energy Development Co., and Suzhou Sanysolar Materials Technology Co..

When was Canadian Solar founded?

Canadian Solar was founded in 2001.

What is Canadian Solar's official website?

The official website for Canadian Solar is www.canadiansolar.com.

Where are Canadian Solar's headquarters?

Canadian Solar is headquartered at 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, N1K 1E6.

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].


This page was last updated on 10/18/2021 by MarketBeat.com Staff

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