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 stock has increased by 12.4% and is now trading at $21.35.
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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."
View analyst ratings for JinkoSolar.

JinkoSolar is scheduled to release its next quarterly earnings announcement on Friday, September 4th 2020.
View our earnings forecast for JinkoSolar.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) issued its quarterly earnings results 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 firm's revenue for the quarter was up 41.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 EPS.
View JinkoSolar's earnings history.

JinkoSolar issued an update on its second quarter 2020 Pre-Market earnings guidance on Monday, June, 15th. The company provided earnings per share 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 brokerages have issued 12 month 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 34.7%.
View analysts' price targets for JinkoSolar.

Media coverage about JKS stock has been trending very positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 news stories about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about JinkoSolar.

JinkoSolar saw a drop in short interest during the month of 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 short-interest ratio is currently 7.9 days. Currently, 23.0% of the company's shares are sold short.
View JinkoSolar's Short Interest.

Some companies that are related to JinkoSolar include Power Integrations (POWI), BE Semiconductor Industrs (BESIY), Viavi Solutions (VIAV), AU Optronics (AUOTY), AU Optronics (AUO), Amkor Technology (AMKR), Synaptics (SYNA), Acacia Communications (ACIA), Diodes (DIOD), MACOM Technology Solutions (MTSI), Tower Semiconductor (TSEM), FormFactor (FORM), SunPower (SPWR), MaxLinear (MXL) and Rambus (RMBS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include Canadian Solar (CSIQ), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), Flowers Foods (FLO), First Solar (FSLR), Netflix (NFLX), Rockwell Medical (RMTI) and Teekay Lng Partners (TGP).

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

JinkoSolar's stock is owned by many different retail and institutional investors. Top institutional investors include Bank of America Corp DE (3.97%), Canada Pension Plan Investment Board (3.24%), Goldman Sachs Group Inc. (3.12%), Vanguard Group Inc. (2.49%), BosValen Asset Management Ltd (0.69%) and Prudential Financial Inc. (0.48%).

JKS stock was sold by a variety of institutional investors in the last quarter, including BosValen Asset Management Ltd, Bank of America Corp DE, Discovery Value Fund, US Bancorp DE, Trexquant Investment LP, Prudential Financial Inc., Goldman Sachs Group Inc., and Hennessy Advisors Inc..

JKS stock was bought by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Skandinaviska Enskilda Banken AB publ , Hussman Strategic Advisors Inc., Shelton Capital Management, Caption Management LLC, First Trust Advisors LP, CoreCommodity Management LLC, and Scotia Capital 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 $21.35.

JinkoSolar has a market capitalization of $939.68 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]