NYSE:JKSJinkoSolar Stock Price, Forecast & News

JinkoSolar's stock was trading at $19.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, JKS shares have increased by 15.2% and is now trading at $21.88.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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JinkoSolar is scheduled to release its next quarterly earnings announcement on Friday, September 4th 2020.
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JinkoSolar Holding Co., Ltd. (NYSE:JKS) posted its quarterly earnings data on Monday, June, 15th. The semiconductor company reported $0.65 EPS for the quarter, missing the Zacks' consensus estimate of $1.00 by $0.35. The semiconductor company earned $1.20 billion during the quarter, compared to the consensus estimate of $1.03 billion. JinkoSolar had a net margin of 3.51% and a return on equity of 9.86%. The business's revenue was up 41.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.13 earnings per share.
View JinkoSolar's earnings history.

JinkoSolar updated its second quarter 2020 Pre-Market earnings guidance on Monday, June, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.1-1.18 billion, compared to the consensus revenue estimate of $1.24 billion.

4 analysts have issued 1-year price objectives for JinkoSolar's shares. Their forecasts range from $6.88 to $21.00. On average, they anticipate JinkoSolar's share price to reach $13.94 in the next twelve months. This suggests that the stock has a possible downside of 36.3%.
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Press coverage about JKS stock has trended very positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news 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 sentiment score of 4.0 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
View the latest news about JinkoSolar.

JinkoSolar saw a drop in short interest in July. As of July 31st, there was short interest totaling 10,080,000 shares, a drop of 6.1% from the July 15th total of 10,730,000 shares. Based on an average trading volume of 1,280,000 shares, the days-to-cover ratio is currently 7.9 days. Approximately 23.0% of the shares of the stock are short sold.
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Some companies that are related to JinkoSolar include Semtech (SMTC), Cirrus Logic (CRUS), Power Integrations (POWI), BE Semiconductor Industrs (BESIY), AU Optronics (AUOTY), AU Optronics (AUO), Amkor Technology (AMKR), Viavi Solutions (VIAV), Acacia Communications (ACIA), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Diodes (DIOD), Tower Semiconductor (TSEM), FormFactor (FORM) and SunPower (SPWR).
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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 Hussman Strategic Advisors Inc. (0.29%), Discovery Value Fund (0.28%), Hennessy Advisors Inc. (0.27%), First Trust Advisors LP (0.15%), Trexquant Investment LP (0.08%) and US Bancorp DE (0.01%).

JKS stock was sold by a variety of institutional investors in the last quarter, including Discovery Value Fund, US Bancorp DE, Trexquant Investment LP, and Hennessy Advisors Inc..

JKS stock was acquired by a variety of institutional investors in the last quarter, including Hussman Strategic Advisors Inc., and First Trust Advisors LP.

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 $21.88.

JinkoSolar has a market capitalization of $963.00 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]