ReneSola Stock Price, Forecast & Analysis (NYSE:SOL)

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

ReneSola's stock 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 market closes 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.

ReneSola Ltd. (NYSE:SOL) posted its quarterly earnings data on Monday, September, 16th. The semiconductor company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.11. The semiconductor company had revenue of $13.57 million for the quarter, compared to analysts' expectations of $10.40 million. View ReneSola's Earnings History.

ReneSola is scheduled to release their next quarterly earnings announcement on Monday, November 25th 2019. View Earnings Estimates for ReneSola.

ReneSola will be holding an earnings conference call on Monday, November 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ReneSola issued an update on its third quarter 2019 earnings guidance on Tuesday, October, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $55-60 million, compared to the consensus revenue estimate of $20.5 million.

2 analysts have issued 12-month target prices for ReneSola's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate ReneSola's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 1,406.8% from the stock's current price. View Analyst Price Targets for ReneSola.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ReneSola in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ReneSola.

Media headlines about SOL stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. ReneSola earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for ReneSola.

ReneSola saw a increase in short interest in October. As of October 31st, there was short interest totalling 159,600 shares, an increase of 8.1% from the September 30th total of 147,600 shares. Based on an average trading volume of 100,100 shares, the short-interest ratio is currently 1.6 days. Currently, 0.4% of the company's stock are sold short. View ReneSola's Current Options Chain.

Some companies that are related to ReneSola include GSI Technology (GSIT), AXT (AXTI), Pixelworks (PXLW), EMCORE (EMKR), Everspin Technologies (MRAM), POET Technologies (POETF), Resonant (RESN), Intermolecular (IMI), Netlist (NLST), Kopin (KOPN), Atomera (ATOM), Sequans Communications (SQNS), O2Micro International (OIIM), Spi Energy (SPI) and QuickLogic (QUIK).

Based on aggregate information from My MarketBeat watchlists, some companies that other ReneSola investors own include SunPower (SPWR), Yelp (YELP), Yingli Green Energy (YGE), Real Goods Solar (RGSE), Canadian Solar (CSIQ), First Solar (FSLR), Himax Technologies (HIMX), Plug Power (PLUG), Titan Pharmaceuticals (TTNP) and Advanced Micro Devices (AMD).

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, Robinhood, Fidelity and Charles Schwab.

One share of SOL stock can currently be purchased for approximately $1.46.

ReneSola has a market capitalization of $55.61 million and generates $80.50 million in revenue each year. The semiconductor company earns $1.76 million in net income (profit) each year or $0.01 on an earnings per share basis. ReneSola employs 222 workers across the globe.View Additional Information About ReneSola.

The official website for ReneSola is http://www.renesolapower.com/.

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]