NYSE:JKS - JinkoSolar Stock Price, Forecast & News

JinkoSolar trades on the New York Stock Exchange (NYSE) under the ticker symbol "JKS."

JinkoSolar Holding Co., Ltd. (NYSE:JKS) posted its quarterly earnings results on Tuesday, November, 19th. The semiconductor company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.06. The semiconductor company earned $1.05 billion during the quarter, compared to the consensus estimate of $1.02 billion. JinkoSolar had a net margin of 2.27% and a return on equity of 6.70%. The business's revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 earnings per share. View JinkoSolar's Earnings History.

JinkoSolar is scheduled to release their next quarterly earnings announcement on Friday, March 27th 2020. View Earnings Estimates for JinkoSolar.

JinkoSolar updated its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$4.06-4.12 billion, compared to the consensus revenue estimate of $$4.16 billion.

5 Wall Street analysts have issued 1-year price targets for JinkoSolar's shares. Their forecasts range from $1.00 to $25.00. On average, they expect JinkoSolar's stock price to reach $17.80 in the next twelve months. This suggests that the stock has a possible downside of 18.1%. View Analyst Price Targets for JinkoSolar.

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

News headlines about JKS stock have trended very negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. JinkoSolar earned a news impact score of -3.1 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for JinkoSolar.

JinkoSolar saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 9,740,000 shares, an increase of 13.9% from the September 30th total of 8,550,000 shares. Based on an average trading volume of 805,800 shares, the days-to-cover ratio is currently 12.1 days. Approximately 22.2% of the shares of the company are short sold. View JinkoSolar's Current Options Chain.

Some companies that are related to JinkoSolar include Cabot Microelectronics (CCMP), Viavi Solutions (VIAV), Inphi (IPHI), Semtech (SMTC), Amkor Technology (AMKR), BE Semiconductor Industrs (BESIY), Enphase Energy (ENPH), Finisar (FNSR), Acacia Communications (ACIA), AU Optronics (AUOTY), Power Integrations (POWI), Lattice Semiconductor (LSCC), Diodes (DIOD), AU Optronics (AUO) and Tower Semiconductor (TSEM).

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include Canadian Solar (csiq), Rockwell Medical (RMTI), Alibaba Group (BABA), Flowers Foods (FLO), NVIDIA (NVDA), Teekay Lng Partners (TGP), Micron Technology (MU), Tesla (TSLA), Netflix (NFLX) and First Solar (FSLR).

JinkoSolar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (1.62%), Discovery Value Fund (1.44%), State Street Corp (0.83%), Handelsbanken Fonder AB (0.39%), Hussman Strategic Advisors Inc. (0.34%) and California Public Employees Retirement System (0.16%).

JKS stock was sold by a variety of institutional investors in the last quarter, including Discovery Value Fund, Millennium Management LLC and SG Americas Securities LLC.

JKS stock was acquired by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Hussman Strategic Advisors Inc., Arlington Capital Management Inc., Handelsbanken Fonder AB, California Public Employees Retirement System, Mackay Shields LLC, State Street Corp and Janney Montgomery Scott LLC.

Shares of JKS 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, Robinhood, Fidelity and Charles Schwab.

One share of JKS stock can currently be purchased for approximately $21.73.

JinkoSolar has a market capitalization of $956.34 million and generates $3.64 billion in revenue each year. The semiconductor company earns $59.12 million in net income (profit) each year or $1.52 on an earnings per share basis. JinkoSolar employs 12,565 workers across the globe.View Additional Information About JinkoSolar.

The official website for JinkoSolar is http://www.jinkosolar.com/.

JinkoSolar's mailing address is 1 JINGKE ROAD SHANGRAO ECONOMIC DEVELOPMENT ZONE, SHANGRAO F4, 334100. The semiconductor company can be reached via phone at 86-79-3846-9699 or via email at [email protected]