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, topping the Zacks' consensus estimate of $0.80 by $0.06. The semiconductor company had revenue of $1.05 billion for 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 quarter in the previous year, the company earned $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 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.

4 brokerages have issued 1 year price objectives for JinkoSolar's stock. Their forecasts range from $19.00 to $25.00. On average, they anticipate JinkoSolar's stock price to reach $22.67 in the next year. This suggests that the stock has a possible downside of 11.1%. View Analyst Price Targets for JinkoSolar.

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

Media stories about JKS stock have been trending very negative on Tuesday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog 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 daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for JinkoSolar.

Some companies that are related to JinkoSolar include Inphi (IPHI), BE Semiconductor Industrs (BESIY), AU Optronics (AUOTY), AU Optronics (AUO), Dialog Semiconductor (DLGNF), Semtech (SMTC), Viavi Solutions (VIAV), Power Integrations (POWI), Amkor Technology (AMKR), Finisar (FNSR), Acacia Communications (ACIA), Lattice Semiconductor (LSCC), Synaptics (SYNA), Diodes (DIOD) and Ambarella (AMBA).

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

JinkoSolar's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Schroder Investment Management Group (12.02%), Bank of America Corp DE (4.28%), Commerzbank Aktiengesellschaft FI (2.55%), Goldman Sachs Group Inc. (2.45%), State Street Corp (0.84%) and Bank of Montreal Can (0.74%).

JKS stock was sold by a variety of institutional investors in the last quarter, including Discovery Value Fund, Credit Suisse AG, Hussman Strategic Advisors Inc., Schroder Investment Management Group, Acadian Asset Management LLC, Janney Montgomery Scott LLC, Connor Clark & Lunn Investment Management Ltd. and Quantbot Technologies LP.

JKS stock was purchased by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Goldman Sachs Group Inc., Prudential Financial Inc., Bank of America Corp DE, Bank of Montreal Can, New York State Common Retirement Fund, Handelsbanken Fonder AB and BosValen Asset Management Ltd.

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 $25.50.

JinkoSolar has a market capitalization of $1.12 billion 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]