ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It operates through three segments: solar power project development, EPC services, and electricity revenue generation. The company also develops community solar gardens; and sells projects rights. In addition, its engineering, and procurement and construction business includes engineering design, procurement of solar modules, balance-of-system and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of February 28, 2018, it operated approximately 80 solar power projects with an aggregate capacity of 212 MW. The company was founded in 2005 and is based in Shanghai, the People's Republic of China.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:SOL
Previous Symbol
CUSIPN/A
Phone86-21-6280-9180
Debt
Debt-to-Equity Ratio0.57
Current Ratio1.67
Quick Ratio1.67
Price-To-Earnings
Trailing P/E Ratio11.69
Forward P/E Ratio7.24
P/E GrowthN/A
Sales & Book Value
Annual Sales$102.97 million
Price / Sales0.56
Cash Flow$0.1831 per share
Price / Cash8.30
Book Value$2.37 per share
Price / Book0.64
Profitability
EPS (Most Recent Fiscal Year)$0.13
Net Income$34.45 million
Net Margins5.99%
Return on Equity13.24%
Return on Assets3.84%
Miscellaneous
Employees314
Outstanding Shares38,100,000
Market Cap$63.63 million
OptionableOptionable
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 earnings results on Thursday, September, 6th. The semiconductor company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.05. The semiconductor company earned $27.81 million during the quarter, compared to analyst estimates of $25.50 million. ReneSola had a net margin of 5.99% and a return on equity of 13.24%. View ReneSola's Earnings History.
When is ReneSola's next earnings date?
What price target have analysts set for SOL?
1 analysts have issued 12-month target prices for ReneSola's stock. Their predictions range from $2.00 to $2.00. On average, they anticipate ReneSola's stock price to reach $2.00 in the next twelve months. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for ReneSola.
What is the consensus analysts' recommendation for ReneSola?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ReneSola in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ReneSola.
Has ReneSola been receiving favorable news coverage?
Press coverage about SOL stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ReneSola earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of ReneSola's key competitors?
Some companies that are related to ReneSola include Daqo New Energy (DQ), Alpha and Omega Semiconductor (AOSL), AXT (AXTI), Adesto Technologies (IOTS), Pixelworks (PXLW), Everspin Technologies (MRAM), GSI Technology (GSIT), EMCORE (EMKR), Kopin (KOPN), QuickLogic (QUIK), Sequans Communications (SQNS), Summit Wireless Technologies (WISA), POET Technologies (POETF), Atomera (ATOM) and Resonant (RESN).
Who are ReneSola's key executives?
ReneSola's management team includes the folowing people:
- Mr. Xianshou Li, Chairman & CEO (Age 49)
- Mr. Xiaoliang Liang, Chief Financial Officer (Age 45)
- Ms. Xiahe Lian, VP of Admin. & Human Resource (Age 47)
- Mr. Johnny Pan, Investor Relations
- Mr. Doran Hole, CEO of North America & VP of Strategy (Age 49)
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 $1.52.
How big of a company is ReneSola?
ReneSola has a market capitalization of $63.63 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 314 workers across the globe.
What is ReneSola's official website?
How can I contact ReneSola?
ReneSola's mailing address is 7/F BLOCK B FUTURE LAND HOLDINGS TOWER NO. 5 LANE 388 ZHONGJIANG ROAD PUTUO DISTRICT, SHANGHAI F4, 200062. The semiconductor company can be reached via phone at 86-21-6280-9180 or via email at [email protected]
MarketBeat Community Rating for ReneSola (NYSE SOL)
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.
