NYSE:JKS

JinkoSolar (JKS) Stock Price, News & Analysis

$26.18
+0.65 (+2.55%)
(As of 05/3/2024 ET)
Today's Range
$25.67
$26.41
50-Day Range
$21.57
$29.18
52-Week Range
$21.06
$48.82
Volume
588,229 shs
Average Volume
928,866 shs
Market Capitalization
$1.37 billion
P/E Ratio
4.08
Dividend Yield
5.65%
Price Target
$26.60

JinkoSolar MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
1.6% Upside
$26.60 Price Target
Short Interest
Healthy
5.28% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of JinkoSolar in the last 14 days
Based on 32 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
165.36%
From $3.84 to $10.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Oils/Energy Sector

558th out of 1,427 stocks

Semiconductors & Related Devices Industry

205th out of 540 stocks

JKS stock logo

About JinkoSolar Stock (NYSE:JKS)

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects. The company sells its products to distributors, project developers, system integrators, and manufacturers of solar power products under the JinkoSolar brand. As of December 31, 2023, it had an integrated annual capacity of 85 gigawatts (GW) for mono wafers; 90 GW for solar cells; and 110 GW for solar modules. It operates in China, the United States, Mexico, Australia, Japan, the United Arab Emirates, Turkey, Jordan, Vietnam, Egypt, Spain, Germany, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is headquartered in Shangrao, the People's Republic of China.

JKS Stock Price History

JKS Stock News Headlines

JinkoSolar (NYSE:JKS) Upgraded by StockNews.com to Hold
Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
JinkoSolar's (JKS) "Neutral" Rating Reaffirmed at Roth Mkm
Analyst Ratings For JinkoSolar Holding Co
Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
Goldman Sachs Reaffirms Their Sell Rating on JinkoSolar (JKS)
JinkoSolar Q1 Profit Declines - Update
JinkoSolar (JKS) to Release Earnings on Monday
JinkoSolar Files 2023 Annual Report on Form 20-F
JinkoSolar (NYSE:JKS) Lowered to Sell at StockNews.com
See More Headlines
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Company Calendar

Last Earnings
3/20/2024
Today
5/04/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Employees
46,511
Year Founded
2006

Price Target and Rating

Average Stock Price Target
$26.60
High Stock Price Target
$30.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+1.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$485.56 million
Pretax Margin
6.27%

Debt

Sales & Book Value

Annual Sales
$118.39 billion
Cash Flow
$34.45 per share
Book Value
$91.58 per share

Miscellaneous

Free Float
42,089,000
Market Cap
$1.37 billion
Optionable
Optionable
Beta
0.38

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JKS Stock Analysis - Frequently Asked Questions

Should I buy or sell JinkoSolar stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last year. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" JKS shares.
View JKS analyst ratings
or view top-rated stocks.

What is JinkoSolar's stock price target for 2024?

6 equities research analysts have issued 1-year target prices for JinkoSolar's stock. Their JKS share price targets range from $23.00 to $30.00. On average, they anticipate the company's stock price to reach $26.60 in the next year. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for JKS
or view top-rated stocks among Wall Street analysts.

How have JKS shares performed in 2024?

JinkoSolar's stock was trading at $36.94 at the start of the year. Since then, JKS shares have decreased by 29.1% and is now trading at $26.18.
View the best growth stocks for 2024 here
.

Are investors shorting JinkoSolar?

JinkoSolar saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,030,000 shares, an increase of 15.6% from the March 15th total of 2,620,000 shares. Based on an average daily trading volume, of 907,000 shares, the days-to-cover ratio is presently 3.3 days.
View JinkoSolar's Short Interest
.

When is JinkoSolar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our JKS earnings forecast
.

How were JinkoSolar's earnings last quarter?

JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced its quarterly earnings data on Wednesday, March, 20th. The semiconductor company reported $1.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.32 by $1.11. The semiconductor company had revenue of $4.62 billion for the quarter, compared to the consensus estimate of $4.08 billion. JinkoSolar had a net margin of 2.74% and a trailing twelve-month return on equity of 11.12%.

How often does JinkoSolar pay dividends? What is the dividend yield for JinkoSolar?

JinkoSolar announced a -- dividend on Tuesday, September 26th. Shareholders of record on Friday, November 24th will be paid a dividend of $1.50 per share on Wednesday, December 13th. The ex-dividend date is Wednesday, November 22nd.
Read our dividend analysis for JKS
.

Is JinkoSolar a good dividend stock?

JinkoSolar (NYSE:JKS) pays an annual dividend of $1.48 per share and currently has a dividend yield of 5.89%. JKS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JKS will have a dividend payout ratio of 14.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JKS.

How will JinkoSolar's stock buyback program work?

JinkoSolar announced that its Board of Directors has initiated a stock buyback plan on Wednesday, July 6th 2022, which permits the company to buyback $0.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its stock is undervalued.

What is Kangping Chen's approval rating as JinkoSolar's CEO?

14 employees have rated JinkoSolar Chief Executive Officer Kangping Chen on Glassdoor.com. Kangping Chen has an approval rating of 65% among the company's employees.

What other stocks do shareholders of JinkoSolar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Canadian Solar (CSIQ), Micron Technology (MU), Netflix (NFLX), First Solar (FSLR), Gilead Sciences (GILD), Intel (INTC) and Advanced Micro Devices (AMD).

Who are JinkoSolar's major shareholders?

JinkoSolar's stock is owned by many different retail and institutional investors. Top institutional investors include GSA Capital Partners LLP (0.15%), Green Alpha Advisors LLC (0.14%), Mirae Asset Global Investments Co. Ltd. (0.10%), Simplex Trading LLC (0.00%), BNP Paribas Financial Markets (0.06%) and Capstone Investment Advisors LLC (0.06%).

How do I buy shares of JinkoSolar?

Shares of JKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does JinkoSolar have any subsidiaries?
The following companies are subsidiares of JinkoSolar: Canton Best Limited, Jiangxi Photovoltaic Materials Co. Ltd., Jinko PV Material Supply Sdn. Bhd., Jinko Solar (Anhui) Co. Ltd., Jinko Solar (Leshan) Co. Ltd., Jinko Solar (Malaysia) SDN BHD., Jinko Solar (Shanghai) Management Co. Ltd., Jinko Solar (Vietmnam) Industries Company Limited, Jinko Solar Australia Holdings Co. Pty Ltd., Jinko Solar Canada Co. Ltd., Jinko Solar Co. Ltd., Jinko Solar Denmark ApS, Jinko Solar Import and Export Co. Ltd., Jinko Solar Japan K.K., Jinko Solar Korea Co. Ltd., Jinko Solar Technology SDN.BHD., JinkoSolar (Chuxiong) Co. Ltd., JinkoSolar (Qinghai) Co. Ltd., JinkoSolar (Switzerland) AG, JinkoSolar (U.S.) Inc., JinkoSolar (U.S.) Industries Inc., JinkoSolar (US) Holdings Inc., JinkoSolar (Vietnam) Co. Ltd., JinkoSolar GmbH, JinkoSolar Hong Kong Limited, JinkoSolar International Development Limited, JinkoSolar Investment Limited, JinkoSolar Italy S.R.L., JinkoSolar LATAM Holding Limited, JinkoSolar Middle East DMCC, JinkoSolar Trading Private Limited, Poyang Ruilixin Information Technology Co. Ltd., Wide Wealth Group Holding Limited, Xinjiang Jinko Solar Co. Ltd., Yiwu New Materials Co. Ltd., Yuhuan Jinko Solar Co. Ltd., Zhejiang Jinko Solar Co. Ltd., Zhejiang Jinko Trading Co. Ltd., and Zhejiang New Materials Co. Ltd..
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This page (NYSE:JKS) was last updated on 5/4/2024 by MarketBeat.com Staff

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