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 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
  • Symbol: NYSE:SOL
  • CUSIP: N/A
  • Web:
  • Market Cap: $55.81 million
  • Outstanding Shares: 20,005,000
Average Prices:
  • 50 Day Moving Avg: $2.56
  • 200 Day Moving Avg: $1.72
  • 52 Week Range: $2.15 - $7.11
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.77
  • P/E Growth: -0.13
Sales & Book Value:
  • Annual Revenue: $929.84 million
  • Price / Sales: 0.06
  • Book Value: $3.28 per share
  • Price / Book: 0.85
  • EBIDTA: $71.75 million
  • Net Margins: -0.26%
  • Return on Equity: -2.40%
  • Return on Assets: -0.20%
  • Current Ratio: 0.58%
  • Quick Ratio: 0.40%
  • Average Volume: 53,822 shs.
  • Beta: 2.37
  • Short Ratio: 4.42

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'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.

How were ReneSola's earnings last quarter?

ReneSola Ltd. (NYSE:SOL) announced its quarterly earnings data on Tuesday, March, 28th. The company reported ($1.26) EPS for the quarter, missing the Zacks' consensus estimate of ($0.84) by $0.42. The firm had revenue of $232 million for the quarter, compared to analysts' expectations of $218.42 million. ReneSola had a negative net margin of 0.26% and a negative return on equity of 2.40%. The firm's revenue was down 21.7% on a year-over-year basis. During the same period last year, the business earned $0.15 EPS. View ReneSola's Earnings History.

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

3 equities research analysts have issued 1-year target prices for ReneSola's shares. Their forecasts range from $3.25 to $4.00. On average, they expect ReneSola's share price to reach $3.63 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 number of of retail and institutional investors. Top institutional investors include SHAH CAPITAL MANAGEMENT (9.94%), Shah Capital Management (9.29%) and Renaissance Technologies LLC (2.76%). View Institutional Ownership Trends for ReneSola.

Who sold ReneSola stock? Who is selling ReneSola stock?

ReneSola's stock was sold by a variety of institutional investors in the last quarter, including Shah Capital Management and Renaissance Technologies LLC. View Insider Buying and Selling 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 $2.79.

MarketBeat Community Rating for ReneSola (NYSE SOL)
Community Ranking:  0.9 out of 5 ()
Outperform Votes:  39 (Vote Outperform)
Underperform Votes:  178 (Vote Underperform)
Total Votes:  217
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) (?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating
Consensus Rating:Sell (Score: 1.33)
Consensus Price Target: $3.63 (29.93% upside)

Analysts' Ratings History for ReneSola (NYSE:SOL)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017ValuEngineUpgradeStrong Sell -> SellLowView Rating Details
3/29/2017Credit Suisse Group AGUpgradeUnderperform -> Neutral$5.00 -> $4.00MediumView Rating Details
12/1/2016Roth CapitalReiterated RatingSell$5.00 -> $3.25N/AView Rating Details
(Data available from 5/29/2015 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
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 Ltd. :SOL-US: Earnings Analysis: Q4, 2016 By the Numbers : May 22, 2017 - May 22 at 6:57 PM logoReneSola Ltd. (SOL) Upgraded by ValuEngine to Sell - May 16 at 3:27 PM logoReneSola Files 2016 Annual Report on Form 20-F - April 28 at 9:11 PM logoFavorable Press Coverage Somewhat Unlikely to Impact ReneSola (SOL) Stock Price - April 26 at 8:06 PM logoReneSola (SOL) Getting Critical News Coverage, Analysis Finds - April 23 at 9:05 AM logoFavorable Media Coverage Likely to Impact ReneSola (SOL) Share Price - April 20 at 2:03 PM logoReneSola Inks Deal to Sell 6.75MW of Solar Project in NC - April 18 at 7:09 PM logoReneSola (SOL) Receiving Somewhat Critical Press Coverage, AlphaOne Reports - April 17 at 6:35 PM logoReneSola Signs Agreement to Sell 6.75MW of Solar Project in North Carolina - April 17 at 8:58 AM logoReneSola to Attend SNEC in Shanghai on April 19-21, 2017 - April 13 at 7:44 PM logoReneSola (SOL) Receiving Very Positive Press Coverage, Study Finds - April 13 at 8:25 AM logoSasol Completes Majority of Rand/US Dollar Hedging Programme for its 2018 Financial Year - April 11 at 7:41 PM logoZacks: ReneSola Ltd. (SOL) Given $2.05 Consensus Target Price by Analysts - April 3 at 1:32 PM logoRoth Capital Weighs in on ReneSola Ltd.'s Q1 2017 Earnings (SOL) - March 31 at 10:32 AM logoReneSola: Outlook Improving - Seeking Alpha - March 30 at 8:13 PM logoReneSola Connects 10MW of Ground-mount Solar Projects to UK Grid - March 30 at 8:13 PM logoSasol Receives Best Corporate Taxpayer Award in Mozambique for Second Time - March 30 at 8:13 PM logoRoth Capital Weighs in on ReneSola Ltd.'s Q1 2018 Earnings (SOL) - March 30 at 11:07 AM logoReneSola (SOL) Q4 Loss Wider than Expected, Shipments Down - March 30 at 12:06 AM logoReneSola upgraded by Credit Suisse - March 30 at 12:06 AM logoReneSola Ltd. (SOL) Stock Rating Upgraded by Credit Suisse Group AG - March 29 at 1:33 PM logoEdited Transcript of SOL earnings conference call or presentation 28-Mar-17 12:30pm GMT - March 29 at 12:50 AM logoReneSola Ltd. 2016 Q4 - Results - Earnings Call Slides - March 28 at 7:49 PM logoReneSola Ltd. (SOL) Issues Earnings Results, Misses Estimates By $0.42 EPS - March 28 at 11:20 AM logoEARNINGS SUMMARY: Details of ReneSola Ltd. Q4 Earnings Report - March 28 at 9:14 AM logoBRIEF-Renesola qtrly loss per ADS $1.26 - March 28 at 9:14 AM logoReneSola Announces Fourth Quarter and Full Year 2016 Results - March 28 at 9:14 AM logoQ4 2016 ReneSola Ltd Earnings Release - Before Market Open - March 28 at 9:14 AM logoReneSola Ltd Earnings Call scheduled for 8:30 am ET today - March 28 at 9:14 AM logoEarnings Scheduled For March 28, 2017 - March 28 at 5:44 AM logo8point3 Energy Partners (CAFD) Increases Q1 Dividend by 3% - March 27 at 9:05 AM logoReneSola Ltd. (SOL) to Release Quarterly Earnings on Tuesday - March 27 at 7:50 AM logoSasol Hosts Investor Visit to Lake Charles Chemicals Project - March 24 at 7:49 PM logoEmerging Technologies in Solar Power Market Report 2017-2027 - March 23 at 4:49 AM logoReneSola Ltd. (SOL) Rating Increased to Buy at Zacks Investment Research - March 22 at 11:43 AM logoReneSola to Host Fourth Quarter and Full Year 2016 Results Conference Call on March 28, 2017 - March 14 at 9:21 AM logoReneSola Provides Solid Outlook for Project Business - Yahoo Finance - March 10 at 12:53 AM logoReneSola (SOL) to Construct 550 MW Solar Projects in 2017 - March 9 at 7:52 PM logoBRIEF-ReneSola provides outlook for project business - March 8 at 8:15 AM logoReneSola Issues Updated Outlook For Project Business - Quick Facts - March 8 at 8:15 AM logoReneSola Provides Solid Outlook for Project Business - March 8 at 8:15 AM logo6:31 am ReneSola provides an updated outlook for its project business; in the U.S., the Co plans to construct 108 MW of projects in 2017 - March 8 at 8:15 AM logoReneSola Regains Compliance with NYSE's Continued Listing Requirements - March 2 at 8:02 PM logoTropical storm Dineo batters coastal towns in Mozambique - February 16 at 7:41 PM logoSplits Calendar: ReneSola splits before market open today (1:5 ratio) - February 11 at 3:02 AM logoBRIEF-Shenzhen Clou Electronics reaches settlement with ReneSola Ltd - February 8 at 6:13 AM logoReneSola Provides Solid Outlook for China Distributed Generation Business - February 6 at 8:19 AM logoReneSola Provides EPC Service for 32MW of Solar Rooftop Projects in China - PR Newswire (press release) - February 6 at 12:43 AM logoBRIEF-Renesola to provide services for projects in some Chinese provinces - February 4 at 2:06 AM logoReneSola Provides EPC Service for 32MW of Solar Rooftop Projects in China - February 4 at 2:06 AM



ReneSola (SOL) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff