ReneSola Company Profile (NYSE:SOL)

About ReneSola

ReneSola logoReneSola Ltd is a holding company. The Company is a brand and technology provider of energy-efficient products based in China. The Company's segments include wafer sales, cell and module sales, and solar power projects. The wafer sales segment involves the manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The cell and module sales segment involves the manufacture and sales of solar cells and modules. The solar power projects segment involves sales of solar power projects and electricity generation revenue of certain project assets it owns and operates. The Company provides its customers with solar power products and processing services. It provides solar power products to a network of suppliers and customers, which includes manufacturers of solar cells and modules and distributors, installers and end users of solar modules. The Company manufactures solar-grade polysilicon, solar wafers, cells and modules.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Semiconductor - Specialized
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SOL
  • CUSIP:
Key Metrics:
  • Previous Close: $1.03
  • 50 Day Moving Average: $1.12
  • 200 Day Moving Average: $1.26
  • 52-Week Range: $0.95 - $1.95
  • Trailing P/E Ratio: 3.95
  • Foreward P/E Ratio: -7.36
  • P/E Growth: -0.40
  • Market Cap: $104.03M
  • Outstanding Shares: 100,999,000
  • Beta: 3.26
Profitability:
  • Net Margins: 2.26%
  • Return on Equity: 23.61%
  • Return on Assets: 1.96%
Debt:
  • Current Ratio: 0.58%
  • Quick Ratio: 0.43%
Additional Links:
Companies Related to ReneSola:

Analyst Ratings

Consensus Ratings for ReneSola (NYSE:SOL) (?)
Ratings Breakdown: 2 Sell Ratings
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $1.23 (18.93% upside)

Analysts' Ratings History for ReneSola (NYSE:SOL)
Show:
DateFirmActionRatingPrice TargetDetails
8/18/2016Credit Suisse Group AGSet Price TargetSell$1.50 -> $1.00View Rating Details
8/5/2016Roth CapitalDowngradeHold -> SellView Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for ReneSola (NYSE:SOL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/15/2016        
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)$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)$372.50 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
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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ReneSola (NYSE:SOL)
Current Year EPS Consensus Estimate: $-0.14 EPS
Next Year EPS Consensus Estimate: $-0.14 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.04)($0.04)($0.04)
Q2 20161$0.03$0.03$0.03
Q3 20161($0.16)($0.16)($0.16)
Q4 20161($0.09)($0.09)($0.09)
Q1 20171($0.01)($0.01)($0.01)
Q2 20171($0.07)($0.07)($0.07)
Q3 20171$0.03$0.03$0.03
Q4 20171$0.00$0.00$0.00
(Data provided by Zacks Investment Research)

Dividends

Dividend History for ReneSola (NYSE:SOL)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for ReneSola (NYSE:SOL)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for ReneSola (NYSE:SOL)
DateHeadline
News IconDetailed examination of the Global solar PV market volume share by system from 2014 to 2020 (NYSE:SOL)
www.whatech.com - September 29 at 7:18 PM
News IconInterested Penny Stock Investors Keen on Shares of ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - September 29 at 12:42 PM
News IconReneSola extends share repurchase program up to USD 20 million - solarserver.com (NYSE:SOL)
www.solarserver.com - September 29 at 12:42 PM
News IconLatest Analyst Ratings For Renesola Ltd. (NYSE:SOL) - The De Soto Edge (NYSE:SOL)
desotoedge.com - September 29 at 12:42 PM
4-traders.com logoReneSola : Extends Share Repurchase Program (NYSE:SOL)
www.4-traders.com - September 27 at 11:59 AM
finance.yahoo.com logoReneSola to Continue Buyback Program on Solid Cash Flow (NYSE:SOL)
finance.yahoo.com - September 27 at 11:59 AM
streetinsider.com logoReneSola (SOL) Extends $20M Stock Buyback Program (NYSE:SOL)
www.streetinsider.com - September 26 at 7:25 PM
News IconRenesola Limited (NYSE:SOL) Short Interest Decreased By 58.95% - Post News (NYSE:SOL)
www.kentuckypostnews.com - September 26 at 10:35 AM
prnewswire.com logoReneSola Extends Share Repurchase Program - PR Newswire - PR Newswire (press release) (NYSE:SOL)
www.prnewswire.com - September 26 at 10:35 AM
publicnow.com logoReneSola Extends Share Repurchase Program (NYSE:SOL)
www.publicnow.com - September 26 at 10:35 AM
realistinvestor.com logoRenesola Ltd. (NYSE:SOL)'s Accounts Payable Is $280.609 - RealistInvestor.com (NYSE:SOL)
www.realistinvestor.com - September 25 at 12:24 PM
News IconParrent Worth Watching: Traders Are Bullish ReneSola Ltd. (ADR) After The Stock Formed Bullish Descending Triangle - Chester News (NYSE:SOL)
www.chesterindependent.com - September 24 at 6:39 PM
News IconIndustry Lauds UBM India's 10th Edition of Renewable Energy India Expo (NYSE:SOL)
www.prnewswire.co.in - September 23 at 6:49 PM
News IconUnder the Microscope, Zeroing in at ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - September 22 at 7:02 PM
News IconPenny Stock Investors Keen on Shares of ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - September 21 at 6:55 PM
News IconSOL November 18th Options Begin Trading (NYSE:SOL)
www.stockoptionschannel.com - September 19 at 7:19 PM
4-traders.com logoReneSola : Announces Results of Annual General Meeting (NYSE:SOL)
www.4-traders.com - September 18 at 11:34 AM
realistinvestor.com logoRenesola Ltd. (NYSE:SOL) Is Expected To Post EPS Of $0 - RealistInvestor.com (NYSE:SOL)
www.realistinvestor.com - September 17 at 6:51 PM
4-traders.com logoReneSola : Attends Renewable Energy India Expo (NYSE:SOL)
www.4-traders.com - September 17 at 11:49 AM
News IconReneSola shipped a total of 650 MW of solar PV modules to India - solarserver.com (NYSE:SOL)
www.solarserver.com - September 14 at 11:46 AM
News IconPenny Stock Investors Highly Curious in Shares of ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - September 13 at 12:15 PM
capitalcube.com logoETF’s with exposure to ReneSola Ltd. : September 12, 2016 (NYSE:SOL)
www.capitalcube.com - September 12 at 11:59 AM
News IconNarrowing the Lens on ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - September 8 at 11:13 AM
finance.yahoo.com logoReneSola to Participate at the 3rd Credit Suisse Renewables Roundup in Las Vegas, Nevada - Yahoo Finance (NYSE:SOL)
finance.yahoo.com - September 8 at 11:13 AM
prnewswire.com logoReneSola Attends Renewable Energy India Expo - PR Newswire (press release) (NYSE:SOL)
www.prnewswire.com - September 8 at 11:13 AM
reuters.com logoBRIEF-Renesola says on track to add 450 MW in 2016-17 in India (NYSE:SOL)
www.reuters.com - September 7 at 11:06 AM
finance.yahoo.com logoReneSola Attends Renewable Energy India Expo (NYSE:SOL)
finance.yahoo.com - September 7 at 11:06 AM
publicnow.com logoReneSola to Participate at the 3rd Credit Suisse Renewables Roundup in Las Vegas, Nevada (NYSE:SOL)
www.publicnow.com - September 6 at 11:55 AM
News IconUnder the Magnifying Glass: A Closer Look at ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - September 1 at 7:19 PM
News IconTaking a Serious Look at ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - August 31 at 12:47 PM
News IconZeroing Our Focus on ReneSola Ltd. (NYSE:SOL) - Duncan Research (NYSE:SOL)
www.duncanindependent.com - August 30 at 7:18 PM
finance.yahoo.com logoEdited Transcript of SOL earnings conference call or presentation 24-Aug-16 12:30pm GMT (NYSE:SOL)
finance.yahoo.com - August 30 at 7:18 PM
capitalcube.com logoETF’s with exposure to ReneSola Ltd. : August 30, 2016 (NYSE:SOL)
www.capitalcube.com - August 30 at 7:18 PM
News IconReneSola Announces Outcomes of Annual General Meeting. South Carolina SC (NYSE:SOL)
www.southcarolinasc.com - August 29 at 12:04 PM
News IconReneSola Announces Results of Annual General Meeting (NYSE:SOL)
www.yahoo.com - August 29 at 12:04 PM
4-traders.com logoRenesola : to sell solar project in Japan (NYSE:SOL)
www.4-traders.com - August 29 at 12:04 PM
realistinvestor.com logoRenesola Ltd. (NYSE:SOL) Reports Change of $-45.408 MILLION IN Assets & Liabilities - RealistInvestor.com (NYSE:SOL)
www.realistinvestor.com - August 28 at 11:17 AM
smarteranalyst.com logoCompany Update (NYSE:SOL): ReneSola Ltd. (ADR) Announces Sale of Solar Project in Japan - Smarter Analyst (NYSE:SOL)
www.smarteranalyst.com - August 28 at 11:17 AM
4-traders.com logoReneSola : Announces Sale of Solar Project in Japan (NYSE:SOL)
www.4-traders.com - August 27 at 11:36 AM
smarteranalyst.com logoCompany Update (NYSE:SOL): ReneSola Ltd. (ADR) Announces Sale of Solar Project in Japan (NYSE:SOL)
www.smarteranalyst.com - August 27 at 11:36 AM
4-traders.com logoReneSola : hit by slowing China demand and wafer margin squeeze (NYSE:SOL)
www.4-traders.com - August 26 at 7:09 PM
streetinsider.com logoReneSola (SOL) Sells Ibaraki, Japan-Located Solar Power Project (NYSE:SOL)
www.streetinsider.com - August 26 at 7:09 PM
News IconStock on the Move: ReneSola Ltd. (ADR) (NYSE:SOL) - Post Registrar (NYSE:SOL)
postregistrar.com - August 26 at 10:25 AM
finance.yahoo.com logo6:31 am ReneSola announces that it sold a 1.23 MW solar power project located in Ibaraki Japan; financial details undisclosed (NYSE:SOL)
finance.yahoo.com - August 26 at 10:25 AM
publicnow.com logoReneSola Announces Sale of Solar Project in Japan (NYSE:SOL)
www.publicnow.com - August 26 at 10:25 AM
bloomberg.com logoReneSola Slumps as Sales Miss Forecast and Shipments Slide (1) (NYSE:SOL)
washpost.bloomberg.com - August 25 at 7:44 PM
4-traders.com logoReneSola : posts 2Q profit (NYSE:SOL)
www.4-traders.com - August 25 at 12:34 PM
finance.yahoo.com logoReneSola (SOL) Tops Q2 Earnings, Stock Down on View Cut (NYSE:SOL)
finance.yahoo.com - August 25 at 12:33 PM
baystreet.ca logoReneSola (SOL) Skids with Earnings Set for Release (NYSE:SOL)
www.baystreet.ca - August 24 at 7:13 PM
seekingalpha.com logoReneSola's (SOL) CEO Xianshou Li on Q2 2016 Results - Earnings Call Transcript (NYSE:SOL)
seekingalpha.com - August 24 at 7:13 PM

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ReneSola (NYSE:SOL) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff