How have JKS shares performed this year?

JinkoSolar's stock was trading at $36.94 at the beginning of 2024. Since then, JKS shares have decreased by 41.9% and is now trading at $21.45. View the best growth stocks for 2024 here .

How were JinkoSolar's earnings last quarter?

JinkoSolar Holding Co., Ltd. (NYSE:JKS) released its quarterly earnings results on Monday, April, 29th. The semiconductor company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of ($0.44) by $0.83. The semiconductor company earned $3.19 billion during the quarter, compared to the consensus estimate of $3.27 billion. JinkoSolar had a trailing twelve-month return on equity of 11.12% and a net margin of 2.74%.

What is Kangping Chen's approval rating as JinkoSolar's CEO?

14 employees have rated JinkoSolar Chief Executive Officer Kangping Chen on Glassdoor.com . Kangping Chen has an approval rating of 65% among the company's employees.

Does JinkoSolar have any subsidiaries?

JinkoSolar subsidiaries include Canton Best Limited, Jiangxi Photovoltaic Materials Co. Ltd., Jinko PV Material Supply Sdn. Bhd., Jinko Solar (Anhui) Co. Ltd., Jinko Solar Australia Holdings Co. Pty Ltd., Jinko Solar Canada Co. Ltd., JinkoSolar (Chuxiong) Co. Ltd., and more.

Who are JinkoSolar's major shareholders?

JinkoSolar's top institutional investors include SG Americas Securities LLC (0.04%) and Harel Insurance Investments & Financial Services Ltd. (0.02%).

How do I buy shares of JinkoSolar?

Shares of JKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

What other stocks do shareholders of JinkoSolar own?

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

NYSE:JKS

JinkoSolar (JKS) Stock Price, News & Analysis

$21.45

+1.11 (+5.46%)

(As of 07/26/2024 ET)

Compare

Today's Range: $20.72
▼
$21.47
50-Day Range: $20.16
▼
$29.79
52-Week Range: $19.93
▼
$43.15

Volume: 680,177 shs
Average Volume: 698,990 shs
Market Capitalization: $1.14 billion

P/E Ratio: 3.35
Dividend Yield: 6.90%
Price Target: $26.60

Get JinkoSolar alerts:

JinkoSolar MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.83 Rating Score
Upside/Downside: 24.0% Upside
$26.60 Price Target
Short Interest: Bearish
8.92% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.66
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 89.58%
From $4.03 to $7.64 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.44 out of 5 stars

Oils/Energy Sector

121st out of 248 stocks

Semiconductors & Related Devices Industry

44th out of 89 stocks

1.9

Analyst's Opinion

Consensus Rating
JinkoSolar has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
JinkoSolar has only been the subject of 1 research reports in the past 90 days.
Read more about JinkoSolar's stock forecast and price target.

1.0

Short Interest

Percentage of Shares Shorted
8.92% of the outstanding shares of JinkoSolar have been sold short.
Short Interest Ratio / Days to Cover
JinkoSolar has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in JinkoSolar has recently increased by 8.72%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
JinkoSolar is a leading dividend payer. It pays a dividend yield of 7.28%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
JinkoSolar does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of JinkoSolar is 23.09%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, JinkoSolar will have a dividend payout ratio of 19.37% next year. This indicates that JinkoSolar will be able to sustain or increase its dividend.
Read more about JinkoSolar's dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for JKS.

3.7

News and Social Media Coverage

News Sentiment
JinkoSolar has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for JinkoSolar this week, compared to 4 articles on an average week.
Search Interest
6 people have searched for JKS on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
3 people have added JinkoSolar to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, JinkoSolar insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.80% of the stock of JinkoSolar is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 35.82% of the stock of JinkoSolar is held by institutions.
Read more about JinkoSolar's insider trading history.

3.8

Earnings and Valuation

Earnings Growth
Earnings for JinkoSolar are expected to grow by 89.58% in the coming year, from $4.03 to $7.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JinkoSolar is 3.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of JinkoSolar is 3.35, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.19.
Price to Book Value per Share Ratio
JinkoSolar has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
Read more about JinkoSolar's valuation and earnings.

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About JinkoSolar Stock (NYSE:JKS)

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects. The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of December 31, 2023, it had an integrated annual capacity of 85 gigawatts (GW) for mono wafers; 90 GW for solar cells; and 110 GW for solar modules. It operates in China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, Germany, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is headquartered in Shangrao, the People's Republic of China.

JKS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

JKS Stock News Headlines

July 27 at 1:14 AM | americanbankingnews.com

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Receives $26.60 Consensus PT from Analysts

July 21, 2024 | investorplace.com

3 Solar Stocks That Could Be Multibaggers in the Making: July Edition

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July 19, 2024 | markets.businessinsider.com

JinkoSolar Finds Rare Bright Spot In New Saudi Tie-Up

July 17, 2024 | americanbankingnews.com

JinkoSolar (NYSE:JKS) Shares Gap Down to $23.21

July 16, 2024 | prnewswire.com

JinkoSolar to Form a Joint Venture with RELC and VI in Saudi Arabia for Production of 10 GW of High-efficiency Solar Cells and Solar Modules

July 16, 2024 | seekingalpha.com

JinkoSolar: Deep Value Opportunity, Despite Balance Sheet Concerns

July 15, 2024 | prnewswire.com

JinkoSolar Once Again Tops PV Tech's ModuleTech Bankability Report with AAA Rating

July 27, 2024 | American Hartford Gold Group (Ad)

Dave Ramsey Makes Big Mistake Live On Air

June 27, 2024 | prnewswire.com

JinkoSolar Repurchased 4,503,178 ADSs under Its Share Repurchase Program

June 25, 2024 | fool.com

Why JinkoSolar Stock Just Dropped 5%

June 21, 2024 | prnewswire.com

JinkoSolar to Supply Utility Scale Storage to Athens Airport

June 20, 2024 | prnewswire.com

JinkoSolar Supplied Residential Storage Solutions to SolarToday

June 17, 2024 | investorplace.com

3 Stocks to Sell ASAP Before the June 27 Presidential Debate

June 14, 2024 | investorplace.com

Solar Selloff: Dump These 3 Chinese Stocks Before Biden Tariffs Scorch Profits

June 12, 2024 | prnewswire.com

MANCHESTER CITY ANNOUNCES MULTI-YEAR GLOBAL PARTNERSHIP WITH JINKOSOLAR

June 11, 2024 | prnewswire.com

JinkoSolar's 182 mm TOPCon Module Reaches Highest Conversion Efficiency of 25.42%

June 10, 2024 | prnewswire.com

JinkoSolar Recognized as Top Performer in PVEL's PV Module Reliability Scorecard for the Tenth Consecutive Time

See More Headlines

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Company Calendar

Last Earnings: 4/29/2024
Today: 7/26/2024
Next Earnings (Estimated): 8/12/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Semiconductors & related devices
Sub-Industry: N/A
Current Symbol: NYSE:JKS
CUSIP: N/A
CIK: 1481513
Web: www.jinkosolar.com
Phone: 867938588188
Fax: 86-79-3846-1152
Employees: 57,397
Year Founded: 2006

Price Target and Rating

Average Stock Price Target: $26.60
High Stock Price Target: $30.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +24.0%
Consensus Rating: Reduce
Rating Score (0-4): 1.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.41
Trailing P/E Ratio: 3.35
Forward P/E Ratio: 5.32
P/E Growth: N/A
Net Income: $485.56 million
Net Margins: 2.74%
Pretax Margin: 6.27%
Return on Equity: 11.12%
Return on Assets: 2.81%

Debt

Debt-to-Equity Ratio: 0.56
Current Ratio: 1.03
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: $16.72 billion
Price / Sales: 0.07
Cash Flow: $35.16 per share
Price / Cash Flow: 0.61
Book Value: $91.58 per share
Price / Book: 0.23

Miscellaneous

Outstanding Shares: 53,150,000
Free Float: 42,630,000
Market Cap: $1.14 billion
Optionable: Optionable
Beta: 0.38

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Key Executives

Mr. Xiande Li (Age 49)
Co-Founder, CEO & Chairman of the Board
Mr. Xianhua Li (Age 50)
Co-Founder & Director
Mr. Mengmeng Li (Age 43)
Chief Financial Officer
Mr. Sebastian Liu
Director of IR
Stella Wang
Investor Relations Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

JKS Stock Analysis - Frequently Asked Questions

How have JKS shares performed this year?: JinkoSolar's stock was trading at $36.94 at the beginning of 2024. Since then, JKS shares have decreased by 41.9% and is now trading at $21.45.
View the best growth stocks for 2024 here.
How were JinkoSolar's earnings last quarter?: JinkoSolar Holding Co., Ltd. (NYSE:JKS) released its quarterly earnings results on Monday, April, 29th. The semiconductor company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of ($0.44) by $0.83. The semiconductor company earned $3.19 billion during the quarter, compared to the consensus estimate of $3.27 billion. JinkoSolar had a trailing twelve-month return on equity of 11.12% and a net margin of 2.74%.
What is Kangping Chen's approval rating as JinkoSolar's CEO?: 14 employees have rated JinkoSolar Chief Executive Officer Kangping Chen on Glassdoor.com. Kangping Chen has an approval rating of 65% among the company's employees.
Does JinkoSolar have any subsidiaries?: JinkoSolar subsidiaries include Canton Best Limited, Jiangxi Photovoltaic Materials Co. Ltd., Jinko PV Material Supply Sdn. Bhd., Jinko Solar (Anhui) Co. Ltd., Jinko Solar Australia Holdings Co. Pty Ltd., Jinko Solar Canada Co. Ltd., JinkoSolar (Chuxiong) Co. Ltd., and more.
Who are JinkoSolar's major shareholders?: JinkoSolar's top institutional investors include SG Americas Securities LLC (0.04%) and Harel Insurance Investments & Financial Services Ltd. (0.02%).
How do I buy shares of JinkoSolar?: Shares of JKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
What other stocks do shareholders of JinkoSolar own?: Based on aggregate information from My MarketBeat watchlists, some other companies that JinkoSolar investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Canadian Solar (CSIQ), Micron Technology (MU), Netflix (NFLX) and First Solar (FSLR).