NYSE:SOL - ReneSola Stock Price, Price Target & More

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$2.76 +0.03 (+1.10 %)
(As of 05/23/2018 04:00 PM ET)
Previous Close$2.76
Today's Range$2.7101 - $2.80
52-Week Range$2.12 - $3.79
Volume5,025 shs
Average Volume47,453 shs
Market Capitalization$106.69 million
P/E Ratio21.23
Dividend YieldN/A
Beta2.12

About ReneSola (NYSE:SOL)

ReneSola logoReneSola Ltd, through its subsidiaries, manufactures and sells various solar power products in the People's Republic of China and internationally. The company operates through three segments: Wafer, Cell and Module, and Solar Power Projects. It provides virgin polysilicon, monocrystalline, and multicrystalline solar wafers; and photovoltaic cells. The company also offers monocrystalline and multicrystalline solar modules for use in various residential, commercial, industrial, and other solar power generation systems, as well as offers wafer processing services. In addition, it develops, builds, operates, and sells solar power projects. As of December 31, 2016, the company had a pipeline of approximately 1.3 gigawatt of solar power projects in various stages. Further, it produces and sells crucibles, steel wires, and silicon carbon powder; and trades in and invests in solar industry. The company offers its products to the manufacturers of solar wafers, cells, and modules, as well as to the distributors, installers, and end users of solar modules. ReneSola Ltd has a strategic partnership with Green City Energy AG to develop four solar parks in the south of France with a total installed capacity of 69 MW generating approximately 105 million kWh of solar power per year. The company was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SOL
CUSIPN/A
Phone86-573-8477-3321

Debt

Debt-to-Equity Ratio0.36
Current Ratio1.17
Quick Ratio1.17

Price-To-Earnings

Trailing P/E Ratio21.23
Forward P/E Ratio39.43
P/E GrowthN/A

Sales & Book Value

Annual Sales$102.97 million
Price / Sales1.02
Cash Flow$0.1984 per share
Price / Cash13.91
Book Value$2.37 per share
Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees4,914
Outstanding Shares38,100,000

ReneSola (NYSE:SOL) Frequently Asked Questions

What is ReneSola's stock symbol?

ReneSola trades on the New York Stock Exchange (NYSE) under the ticker symbol "SOL."

When did ReneSola's stock split? How did ReneSola's stock split work?

Shares of ReneSola reverse split on Friday, February 10th 2017. The 1-5 reverse split was announced on Monday, January 30th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, February 9th 2017. An investor that had 100 shares of ReneSola stock prior to the reverse split would have 20 shares after the split.

How were ReneSola's earnings last quarter?

ReneSola Ltd. (NYSE:SOL) released its quarterly earnings data on Wednesday, April, 25th. The semiconductor company reported $0.04 EPS for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.01. The semiconductor company had revenue of $64.81 million for the quarter. View ReneSola's Earnings History.

When is ReneSola's next earnings date?

ReneSola is scheduled to release their next quarterly earnings announcement on Wednesday, June, 13th 2018. View Earnings Estimates for ReneSola.

What price target have analysts set for SOL?

1 Wall Street analysts have issued 1-year target prices for ReneSola's shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate ReneSola's share price to reach $3.00 in the next year. View Analyst Ratings for ReneSola.

Who are some of ReneSola's key competitors?

Who are ReneSola's key executives?

ReneSola's management team includes the folowing people:
  • Mr. Xianshou Li, Chairman & CEO (Age 49)
  • Mr. Weiguo Zhou, Interim CFO & Director (Age 45)
  • Ms. Xiahe Lian, VP of Admin. & Human Resource (Age 47)
  • Mr. Doran Hole, VP of Strategy & CEO of North America
  • Ms. Shelley Xu, VP of Asia Region (Age 32)

Has ReneSola been receiving favorable news coverage?

Headlines about SOL stock have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ReneSola earned a news sentiment score of 0.23 on Accern's scale. They also assigned news articles about the semiconductor company an impact score of 47.19 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

How do I buy shares of ReneSola?

Shares of SOL 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, Scottrade, Fidelity and Charles Schwab.

What is ReneSola's stock price today?

One share of SOL stock can currently be purchased for approximately $2.76.

How big of a company is ReneSola?

ReneSola has a market capitalization of $106.69 million and generates $102.97 million in revenue each year. The semiconductor company earns $34.45 million in net income (profit) each year or $0.13 on an earnings per share basis. ReneSola employs 4,914 workers across the globe.

How can I contact ReneSola?

ReneSola's mailing address is NO. 8 BAOQUN ROAD YAOZHUANG, JIASHAN F4, 314117. The semiconductor company can be reached via phone at 86-573-8477-3321 or via email at [email protected]


MarketBeat Community Rating for ReneSola (SOL)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  112 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  385
MarketBeat's community ratings are surveys of what our community members think about ReneSola and other stocks. Vote "Outperform" if you believe SOL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SOL will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

ReneSola (NYSE:SOL) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
1 Wall Street analysts have issued ratings and price targets for ReneSola in the last 12 months. Their average twelve-month price target is $3.00, suggesting that the stock has a possible upside of 8.70%. The high price target for SOL is $3.00 and the low price target for SOL is $3.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.00
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $3.00$3.00$3.50$3.50
Price Target Upside: 8.70% upside4.90% upside22.38% upside50.21% upside

ReneSola (NYSE:SOL) Consensus Price Target History

Price Target History for ReneSola (NYSE:SOL)

ReneSola (NYSE:SOL) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/21/2017Roth CapitalSet Price TargetHold$3.00LowView Rating Details
3/29/2017Credit Suisse GroupUpgradeUnderperform ➝ Neutral$5.00 ➝ $4.00MediumView Rating Details
(Data available from 5/23/2016 forward)

Earnings

ReneSola (NYSE:SOL) Earnings History and Estimates Chart

Earnings by Quarter for ReneSola (NYSE:SOL)

ReneSola (NYSE:SOL) Earnings Estimates

2018 EPS Consensus Estimate: ($1.80)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181($0.80)($0.80)($0.80)
Q2 20181($0.25)($0.25)($0.25)
Q3 20181($0.18)($0.18)($0.18)
Q4 20181($0.57)($0.57)($0.57)

ReneSola (NYSE SOL) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
6/13/2018$0.03N/AView Earnings Details
4/25/201812/31/2017$0.03$0.04$64.81 millionViewN/AView Earnings Details
9/27/20176/30/2017($0.76)($1.57)$180.70 million$151.63 millionViewN/AView Earnings Details
6/15/2017Q1 17($1.08)($1.16)$143.76 million$156.68 millionViewN/AView Earnings Details
3/28/201712/31/2016($0.84)($1.26)$218.42 million$232.00 millionViewN/AView Earnings Details
11/29/2016Q316($0.17)($0.20)$200.90 million$1.87 billionViewListenView Earnings Details
8/24/2016Q216$0.04$0.05$284.39 million$250.00 millionViewListenView Earnings Details
5/23/2016Q116($0.04)$0.06$256.05 million$260.70 millionViewListenView Earnings Details
3/8/2016Q415($0.02)$0.07$283.67 million$296.40 millionViewListenView Earnings Details
11/17/2015Q315($0.02)$0.08$340.02 million$368.20 millionViewListenView Earnings Details
8/25/2015Q2($0.11)($0.02)$283.03 million$268.40 millionViewListenView Earnings Details
6/2/2015Q115($0.04)($0.09)$362.10 million$349.00 millionViewListenView Earnings Details
3/4/2015Q414($0.13)($0.08)$355.08 million$387.00 millionViewListenView Earnings Details
11/26/2014Q3$0.05($0.12)$428.80 million$372.46 millionViewListenView Earnings Details
8/12/2014Q2($0.10)$0.01$401.43 million$387.10 millionViewListenView Earnings Details
5/29/2014Q114($0.08)($0.14)$425.54 million$415.00 millionViewListenView Earnings Details
3/24/2014Q413($0.14)$0.01$381.40 million$438.80 millionViewListenView Earnings Details
12/5/2013Q3($0.22)($2.23)$359.91 million$419.30 millionViewListenView Earnings Details
8/30/2013Q2 2013($0.30)($0.24)$367.73 million$377.40 millionViewListenView Earnings Details
5/16/2013Q1 2013($0.28)($0.45)$264.20 million$284.20 millionViewListenView Earnings Details
3/14/2013Q4 2012($0.37)($0.58)$253.50 million$306.50 millionViewListenView Earnings Details
11/30/2012-0.91($0.91)$218.20 millionViewListenView Earnings Details
8/24/2012Q212($0.34)($0.40)$219.21 million$233.00 millionViewN/AView Earnings Details
5/11/2012Q1 2012($1.50)($2.35)ViewN/AView Earnings Details
3/16/2012($0.32)($0.43)ViewN/AView Earnings Details
11/23/2011($0.16)($0.09)ViewN/AView Earnings Details
8/9/2011$0.16$0.02ViewN/AView Earnings Details
4/28/2011$0.58$0.50ViewN/AView Earnings Details
3/1/2011Q4 2010$3.45$3.45ViewN/AView Earnings Details
11/5/2010Q3 2010$2.50$3.50ViewN/AView Earnings Details
8/9/2010Q2 2010$2.00$2.10ViewN/AView Earnings Details
5/10/2010Q1 2010$0.55$0.70ViewN/AView Earnings Details
3/10/2010Q4 2009($0.40)($1.16)ViewN/AView Earnings Details
11/16/2009Q3 2009($0.20)($0.72)ViewN/AView Earnings Details
8/12/2009Q2 2009($0.30)($0.55)ViewN/AView Earnings Details
5/21/2009Q1 2009$0.30$0.16ViewN/AView Earnings Details
3/12/2009Q4 2008($3.20)($9.20)ViewN/AView Earnings Details
11/18/2008Q3 2008$1.85$2.30ViewN/AView Earnings Details
8/19/2008Q2 2008$1.55$1.90ViewN/AView Earnings Details
5/14/2008Q1 2008$1.20$1.40ViewN/AView Earnings Details
3/19/2008Q4 2007$1.70ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

ReneSola (NYSE:SOL) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

ReneSola (NYSE SOL) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 9.67%
Insider Trading History for ReneSola (NYSE:SOL)
Institutional Ownership by Quarter for ReneSola (NYSE:SOL)

ReneSola (NYSE SOL) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

ReneSola (NYSE SOL) News Headlines

Source:
DateHeadline
 ReneSola Ltd. (SOL) Receives Consensus Rating of "Hold" from Analysts ReneSola Ltd. (SOL) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - May 23 at 5:29 PM
ReneSola Appoints Xiaoliang Liang As CFO - Quick FactsReneSola Appoints Xiaoliang Liang As CFO - Quick Facts
www.nasdaq.com - May 23 at 9:22 AM
ReneSola Appoints New Chief Financial OfficerReneSola Appoints New Chief Financial Officer
finance.yahoo.com - May 23 at 9:22 AM
Why ReneSola Ltd (NYSE:SOL) May Not Be As Efficient As Its IndustryWhy ReneSola Ltd (NYSE:SOL) May Not Be As Efficient As Its Industry
finance.yahoo.com - May 16 at 4:18 PM
Zacks: Analysts Set $2.80 Target Price for ReneSola (SOL)Zacks: Analysts Set $2.80 Target Price for ReneSola (SOL)
www.americanbankingnews.com - May 5 at 3:25 AM
ReneSola (SOL) Downgraded by Zacks Investment ResearchReneSola (SOL) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 5 at 1:07 AM
ReneSola Files 2017 Annual Report on Form 20-FReneSola Files 2017 Annual Report on Form 20-F
finance.yahoo.com - May 3 at 9:33 AM
BRIEF-ReneSola Forms Strategic Partnership For China DG Project DevelopmentBRIEF-ReneSola Forms Strategic Partnership For China DG Project Development
www.reuters.com - May 2 at 9:36 AM
ReneSola Forms Strategic Partnership for China DG Project DevelopmentReneSola Forms Strategic Partnership for China DG Project Development
finance.yahoo.com - May 2 at 9:36 AM
ReneSola (SOL) Releases  Earnings Results, Beats Estimates By $0.01 EPSReneSola (SOL) Releases Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - April 26 at 6:14 PM
ReneSolas (SOL) Earnings and Revenues Top Estimates in Q4ReneSola's (SOL) Earnings and Revenues Top Estimates in Q4
www.zacks.com - April 26 at 4:18 PM
ReneSolas (SOL) CEO Xianshou Li on Q4 2017 Results - Earnings Call TranscriptReneSola's (SOL) CEO Xianshou Li on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - April 25 at 4:27 PM
ReneSola misses by $0.03, beats on revenueReneSola misses by $0.03, beats on revenue
seekingalpha.com - April 25 at 9:49 AM
ReneSola Provides Q1, 2018 Revenue Outlook - Quick FactsReneSola Provides Q1, 2018 Revenue Outlook - Quick Facts
www.nasdaq.com - April 25 at 9:49 AM
ReneSola Ltd. 2017 Q4 - Results - Earnings Call SlidesReneSola Ltd. 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - April 25 at 9:49 AM
ReneSola Announces Fourth Quarter and Full Year 2017 Results from Continuing OperationsReneSola Announces Fourth Quarter and Full Year 2017 Results from Continuing Operations
finance.yahoo.com - April 25 at 9:49 AM
ReneSola: 4Q Earnings SnapshotReneSola: 4Q Earnings Snapshot
finance.yahoo.com - April 25 at 9:49 AM
ReneSola Ltd. Sponsored ADR to Host Earnings CallReneSola Ltd. Sponsored ADR to Host Earnings Call
finance.yahoo.com - April 25 at 9:49 AM
 ReneSola (SOL) Given Consensus Recommendation of "Hold" by Analysts ReneSola (SOL) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 20 at 1:22 PM
Sasol Publishes Production and Sales Metrics for the Nine Months EndedSasol Publishes Production and Sales Metrics for the Nine Months Ended
finance.yahoo.com - April 19 at 4:28 PM
ReneSola (SOL) to Release Earnings on WednesdayReneSola (SOL) to Release Earnings on Wednesday
www.americanbankingnews.com - April 18 at 5:34 AM
ReneSola to Announce Fourth Quarter and Full Year 2017 Financial Results on April 25, 2018ReneSola to Announce Fourth Quarter and Full Year 2017 Financial Results on April 25, 2018
finance.yahoo.com - April 16 at 9:37 AM
ReneSola (SOL) to Release Quarterly Earnings on MondayReneSola (SOL) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 7 at 8:16 PM
ReneSola (SOL) Upgraded to Neutral at Roth CapitalReneSola (SOL) Upgraded to Neutral at Roth Capital
www.americanbankingnews.com - April 7 at 9:11 AM
Financial Contrast: ReneSola (SOL) and Its RivalsFinancial Contrast: ReneSola (SOL) and Its Rivals
www.americanbankingnews.com - April 6 at 11:26 PM
Brokerages Anticipate ReneSola (SOL) to Announce $0.03 Earnings Per ShareBrokerages Anticipate ReneSola (SOL) to Announce $0.03 Earnings Per Share
www.americanbankingnews.com - April 3 at 9:38 AM
ReneSola (SOL) Stock Rating Upgraded by ValuEngineReneSola (SOL) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 3 at 12:00 AM
At $2.51, Is It Time To Buy ReneSola Ltd (NYSE:SOL)?At $2.51, Is It Time To Buy ReneSola Ltd (NYSE:SOL)?
finance.yahoo.com - March 26 at 10:11 AM
Blog Exposure - ReneSola Collaborates with Green City Energy to Build Solar Projects in Southern FranceBlog Exposure - ReneSola Collaborates with Green City Energy to Build Solar Projects in Southern France
finance.yahoo.com - March 22 at 9:56 AM
ReneSola (SOL), Green Energy City to Develop Solar Projects in Southern FranceReneSola (SOL), Green Energy City to Develop Solar Projects in Southern France
www.streetinsider.com - March 20 at 9:54 AM
ReneSola and Green Energy City to Develop Solar Projects in Southern FranceReneSola and Green Energy City to Develop Solar Projects in Southern France
finance.yahoo.com - March 20 at 9:54 AM
ReneSola (SOL) Scheduled to Post Quarterly Earnings on MondayReneSola (SOL) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - March 19 at 1:28 AM
Contrasting ReneSola (SOL) and Its PeersContrasting ReneSola (SOL) and Its Peers
www.americanbankingnews.com - March 18 at 3:10 PM
Solar Cable Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025Solar Cable Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
finance.yahoo.com - March 12 at 5:18 PM
Long-Term Marketing Agreement Between Sasol and HELM AGLong-Term Marketing Agreement Between Sasol and HELM AG
finance.yahoo.com - March 12 at 5:18 PM
ReneSola Announces Change in CFO Transition PlanReneSola Announces Change in CFO Transition Plan
finance.yahoo.com - March 10 at 9:54 AM
Breakeven On The Horizon For ReneSola Ltd (NYSE:SOL)Breakeven On The Horizon For ReneSola Ltd (NYSE:SOL)
finance.yahoo.com - March 1 at 4:38 PM
BRIEF-Renesola Names Cindy Chen CFOBRIEF-Renesola Names Cindy Chen CFO
www.reuters.com - February 24 at 4:32 PM
ReneSola (SOL) Reports Resignation of CFO, Appointment of New CFOReneSola (SOL) Reports Resignation of CFO, Appointment of New CFO
www.streetinsider.com - February 24 at 4:32 PM
ReneSola Announces Resignation of CFO and Appointment of New CFOReneSola Announces Resignation of CFO and Appointment of New CFO
finance.yahoo.com - February 23 at 9:36 AM
Is ReneSola Ltd’s (NYSE:SOL) Balance Sheet A Threat To Its Future?Is ReneSola Ltd’s (NYSE:SOL) Balance Sheet A Threat To Its Future?
finance.yahoo.com - February 21 at 4:31 PM
Zacks Investment Research Lowers ReneSola (SOL) to SellZacks Investment Research Lowers ReneSola (SOL) to Sell
www.americanbankingnews.com - February 20 at 4:27 PM
Sasol Chemicals Expands Alumina Production Capacity to Meet Growing Market DemandSasol Chemicals Expands Alumina Production Capacity to Meet Growing Market Demand
finance.yahoo.com - February 14 at 9:01 AM
What You Must Know About ReneSola Ltd’s (NYSE:SOL) Major InvestorsWhat You Must Know About ReneSola Ltd’s (NYSE:SOL) Major Investors
finance.yahoo.com - February 9 at 9:04 AM
Sasols R13,6 billion FT Wax Expansion Project Complete, Successfully CommissionedSasol's R13,6 billion FT Wax Expansion Project Complete, Successfully Commissioned
finance.yahoo.com - February 6 at 8:58 AM
South Africas water crisis spreads from Cape TownSouth Africa's water crisis spreads from Cape Town
finance.yahoo.com - January 31 at 4:40 PM
ReneSola (SOL) Says Impact on Growth from U.S. Tariff Should be BenignReneSola (SOL) Says Impact on Growth from U.S. Tariff Should be Benign
www.streetinsider.com - January 24 at 9:24 AM
ReneSola Comments on U.S. Solar Products Tariff RulingReneSola Comments on U.S. Solar Products Tariff Ruling
finance.yahoo.com - January 23 at 8:30 AM
Solar PV Modules, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021Solar PV Modules, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021
www.prnewswire.com - January 15 at 3:49 PM
ReneSola Ltd (NYSE:SOL): What Does It Mean For Your Portfolio?ReneSola Ltd (NYSE:SOL): What Does It Mean For Your Portfolio?
finance.yahoo.com - January 3 at 10:39 AM

SEC Filings

ReneSola (NYSE:SOL) SEC Filings

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Social Media

Financials

ReneSola (NYSE:SOL) Income Statement, Balance Sheet and Cash Flow Statement

Chart

ReneSola (NYSE SOL) Stock Chart for Wednesday, May, 23, 2018

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This page was last updated on 5/23/2018 by MarketBeat.com Staff

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