NYSE:JKSJinkoSolar Stock Price, Forecast & News

JinkoSolar's stock was trading at $19.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, JKS stock has decreased by 16.8% and is now trading at $15.81. View which stocks have been most impacted by Coronavirus.

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.

JinkoSolar is scheduled to release its next quarterly earnings announcement on Friday, June 26th 2020. View our earnings forecast for JinkoSolar.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) released its quarterly earnings results on Friday, March, 13th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.45 by $0.05. The semiconductor company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.34 billion. JinkoSolar had a return on equity of 8.49% and a net margin of 2.99%. The company's revenue for the quarter was up 22.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.40 EPS. View JinkoSolar's earnings history.

JinkoSolar issued an update on its first quarter 2020 Pre-Market earnings guidance on Friday, March, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1-1.08 billion, compared to the consensus revenue estimate of $1.23 billion.

5 equities research analysts have issued 1 year target prices for JinkoSolar's stock. Their forecasts range from $6.88 to $25.00. On average, they expect JinkoSolar's stock price to reach $17.63 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View analysts' price targets for JinkoSolar.

News stories about JKS stock have been trending negative this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. JinkoSolar earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutJinkoSolar.

Some companies that are related to JinkoSolar include Viavi Solutions (VIAV), Amkor Technology (AMKR), Diodes (DIOD), AU Optronics (AUOTY), AU Optronics (AUO), Tower Semiconductor (TSEM), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Ambarella (AMBA), FormFactor (FORM), Rambus (RMBS), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), OSI Systems (OSIS) and MaxLinear (MXL). View all competitors.

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

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

JinkoSolar's stock is owned by a number of retail and institutional investors. Top institutional investors include Schroder Investment Management Group (8.46%), BlackRock Inc. (3.74%), Invesco Ltd. (3.35%), Morgan Stanley (2.57%), Luminus Management LLC (2.09%) and BosValen Asset Management Ltd (1.48%).

JKS stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Morgan Stanley, Commerzbank Aktiengesellschaft FI, Nuveen Asset Management LLC, State Street Corp, Connor Clark & Lunn Investment Management Ltd., Wellington Management Group LLP, and Alliancebernstein L.P..

JKS stock was acquired by a variety of institutional investors in the last quarter, including BosValen Asset Management Ltd, BlackRock Inc., JPMorgan Chase & Co., Invesco Ltd., Handelsbanken Fonder AB, Acadian Asset Management LLC, Discovery Value Fund, and Hennessy Advisors Inc..

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 $15.81.

JinkoSolar has a market capitalization of $695.80 million and generates $4.27 billion in revenue each year. The semiconductor company earns $129.09 million in net income (profit) each year or $2.79 on an earnings per share basis. JinkoSolar employs 15,195 workers across the globe.

The official website for JinkoSolar is 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]