Renesola Company Profile (NYSE:SOL)

About Renesola (NYSE:SOL)

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 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.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Renewable Energy Equipment & Services
  • Sub-Industry: N/A
  • Symbol: NYSE:SOL
  • CUSIP: N/A
  • Web:
  • Market Cap: $47.53 million
  • Outstanding Shares: 20,053,000
Average Prices:
  • 50 Day Moving Avg: $2.34
  • 200 Day Moving Avg: $2.50
  • 52 Week Range: $0.59 - $3.38
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.55
  • P/E Growth: -0.06
Sales & Book Value:
  • Annual Revenue: $825.75 million
  • Price / Sales: 0.06
  • Book Value: $2.09 per share
  • Price / Book: 1.13
  • EBITDA: $41.45 million
  • Net Margins: -13.84%
  • Return on Equity: -187.64%
  • Return on Assets: -8.72%
  • Debt-to-Equity Ratio: 2.06%
  • Current Ratio: 0.51%
  • Quick Ratio: 0.42%
  • Average Volume: 45,770 shs.
  • Beta: 2.23
  • Short Ratio: 6

Frequently Asked Questions for Renesola (NYSE:SOL)

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?

Renesola shares reverse split before market open 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.

How were Renesola's earnings last quarter?

Renesola Ltd. (NYSE:SOL) released its quarterly earnings results on Wednesday, September, 27th. The company reported ($1.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.76) by $0.81. The business had revenue of $151.63 million for the quarter, compared to analysts' expectations of $180.70 million. Renesola had a negative net margin of 13.84% and a negative return on equity of 187.64%. View Renesola's Earnings History.

When will Renesola make its next earnings announcement?

Renesola is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. View Earnings Estimates for Renesola.

Where is Renesola's stock going? Where will Renesola's stock price be in 2017?

2 brokers have issued 1 year price targets for Renesola's stock. Their forecasts range from $3.00 to $4.00. On average, they anticipate Renesola's share price to reach $3.50 in the next twelve months. 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:

  • Martin Bloom, Independent Chairman of the Board
  • Xianshou Li, Chief Executive Officer, Director
  • Maggie Ma, Chief Financial Officer
  • Kevin Chen, President, America Region
  • Xiaoliang Liang, President, China Region
  • Jijun Shi, President, European Region
  • Stephen Huang, Senior Vice President, President, Asia-Pacific Region
  • Wei Fang, Vice President - Group Financial Control
  • Xiahe Lian, Vice President - Administration and Human Resources
  • Jun Tang, Vice President and General Manager - Wafer division

Who owns Renesola stock?

Renesola's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include SHAH CAPITAL MANAGEMENT (11.80%). View Institutional Ownership Trends for Renesola.

How do I buy Renesola stock?

Shares of Renesola can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Renesola's stock price today?

One share of Renesola stock can currently be purchased for approximately $2.37.

MarketBeat Community Rating for Renesola (NYSE SOL)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  286
MarketBeat's community ratings are surveys of what our community members think about Renesola and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Renesola (NYSE:SOL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.50 (47.68% upside)
Consensus Price Target History for Renesola (NYSE:SOL)
Price Target History for Renesola (NYSE:SOL)
Analysts' Ratings History for Renesola (NYSE:SOL)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Roth CapitalUpgradeSell -> Neutral$3.00N/AView Rating Details
3/29/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$5.00 -> $4.00MediumView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for Renesola (NYSE:SOL)
Earnings by Quarter for Renesola (NYSE:SOL)
Earnings History by Quarter for Renesola (NYSE SOL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/27/2017($0.62)N/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
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)


Earnings Estimates for Renesola (NYSE:SOL)
2017 EPS Consensus Estimate: ($2.14)
2018 EPS Consensus Estimate: ($1.80)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($1.29)($1.29)($1.29)
Q2 20171($0.43)($0.43)($0.43)
Q3 20171($0.37)($0.37)($0.37)
Q4 20171($0.05)($0.05)($0.05)
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)
(Data provided by Zacks Investment Research)


Dividend History for Renesola (NYSE:SOL)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Renesola (NYSE:SOL)
No insider trades for this company have been tracked by


Headline Trends for Renesola (NYSE:SOL)
Latest Headlines for Renesola (NYSE:SOL)
DateHeadline logoReneSola Generates 29 Million Kilowatt Hours of Electricity from Distributed Generation Solar Projects in China in Third Quarter - October 16 at 6:40 AM logoEarnings Review and Free Research Report: ReneSola Cash and Cash Equivalents Increased 20.6% - October 11 at 7:52 AM logoSasol Amends Plan to Issue Additional Shares to Settle Expected Outstanding Sasol Inzalo Debt - October 9 at 4:12 AM logoReneSola Ltd. :SOL-US: Earnings Analysis: Q2, 2017 By the Numbers : October 4, 2017 - October 6 at 11:47 AM logoReneSola's (SOL) Q2 Loss Wider than Expected, Revenues Down - October 3 at 12:42 PM logo8point3 Energy Partners Declares 3% Quarterly Dividend Hike - September 27 at 4:26 PM logoReneSola (SOL) Plans Disposition of Manufacturing and LED Distribution Businesses and Related Liabilities - September 27 at 4:26 PM logoReneSola Enters Into Definitive Agreement for the Disposition of Manufacturing and LED Distribution Businesses and Related Liabilities - September 27 at 4:26 PM logoReneSola reports 2Q loss - September 27 at 4:26 PM logoReneSola Provides Business Update and Announces Second Quarter 2017 Results - September 27 at 4:26 PM logoReneSola Slips To Loss In Q2; Provides Business Update - September 27 at 4:26 PM
News IconBRIEF-Renesola provides business update and announces Q2 2017 results - September 27 at 4:26 PM logoRenesola Ltd. (SOL) Announces Earnings Results - September 27 at 10:40 AM logoRenesola Ltd. (SOL) to Release Earnings on Wednesday - September 25 at 8:28 PM logoSasol Announces Proposed New R21 Billion B-BBEE Ownership Structure - September 20 at 9:14 AM logoRenesola Ltd. (SOL) Scheduled to Post Earnings on Monday - September 17 at 8:22 PM logoIs It Time To Buy ReneSola Ltd (SOL)? - September 15 at 9:13 AM logoReneSola Signs Agreement to Sell 24MW of Solar Project in North Carolina - September 5 at 8:34 AM logoHead to Head Survey: Trina Solar Limited (TSL) vs. Renesola (SOL) - September 3 at 12:04 PM logoReviewing Renesola (SOL) and Trina Solar Limited (TSL) - September 2 at 10:28 AM logoBRIEF-Renesola signs agreement to sell 10MW of solar projects in the UK - August 31 at 10:16 AM logoReneSola Signs Agreement to Sell 10MW of Solar Projects in the UK - August 31 at 10:16 AM logoReneSola Announces Results of Annual General Meeting - August 30 at 9:26 AM logoSasol's Reporting Publications for the Year Ended 30 June 2017 and Details of Annual General Meeting - August 29 at 8:02 AM logoContrasting FuelCell Energy (FCEL) & Renesola (SOL) - August 28 at 2:24 PM logoReneSola Receives Notice Regarding NYSE Listing... - August 28 at 6:38 AM logoReneSola Receives Notice Regarding NYSE Listing Criteria and Enters Into Term Sheet with Respect to Potential Disposition of Certain Businesses and Liabilities - August 27 at 6:58 AM logoReneSola (SOL) Secures Project Financing Worth $18 Million - August 24 at 1:05 PM logoBRIEF-Renesola secures financing for 30MW of distributed generation projects in China - August 23 at 11:49 AM logoReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China - August 23 at 11:48 AM logoReneSola and Nautilus Solar Announce the Acquisition of A 13.3MW Community Solar Portfolio in Minnesota - August 15 at 7:11 AM logoRenesola Ltd. (NYSE:SOL) to Release Earnings on Tuesday - August 15 at 1:50 AM logoReneSola Announces New Headquarters Location - August 8 at 7:03 AM logoRenesola (NYSE:SOL) & JA Solar Holdings, Co. (JASO) Critical Contrast - July 28 at 8:25 PM logoSasol Limited: Trading Statement for the Financial Year Ended 30 June 2017 - July 25 at 6:53 AM logoReneSola Announces Notice of Annual General Meeting - July 21 at 7:15 AM logoBRIEF-Renesola engages financial advisor and legal counsel - July 18 at 3:48 PM logoReneSola Special Committee Engages Financial Advisor and Legal Counsel - July 18 at 8:22 AM logoReneSola Wins Bid to Build 42 MW Solar Projects in Poland - July 13 at 9:42 AM logoReneSola (SOL) Announces Award for 42MW Solar Projects in Poland's Electricity Auction - July 11 at 7:54 AM logoBRIEF-ReneSola awarded 42MW of solar projects in Poland's electricity auction - July 11 at 7:54 AM logoReneSola Awarded 42MW of Solar Projects in Poland's Electricity Auction - July 11 at 7:54 AM logoBRIEF-Renesola awarded 5MW of solar projects in Thailand - July 7 at 12:37 PM logoRenesola (SOL) Connects 180MW Solar Rooftop Grids in China - July 7 at 12:37 PM logoReneSola Awarded 5MW of Solar Projects in Thailand - July 6 at 9:46 AM logoReneSola Connects 180 MW of Distributed Generation Projects in China - July 5 at 10:51 AM logoEARNINGS SUMMARY: Details of ReneSola Ltd. Q1 Earnings Report - June 15 at 3:28 PM logoBRIEF-ReneSola qtrly loss per share $0.12 - June 15 at 3:27 PM logoReneSola Ltd. 2017 Q1 - Results - Earnings Call Slides - June 15 at 3:27 PM logoBRIEF-Renesola announces formation of special committee to consider strategic transactions - June 15 at 12:45 AM



Renesola (SOL) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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