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: www.renesola.com
Capitalization:
  • Market Cap: $47.99 million
  • Outstanding Shares: 20,053,000
Average Prices:
  • 50 Day Moving Avg: $2.33
  • 200 Day Moving Avg: $2.49
  • 52 Week Range: $0.59 - $3.38
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 33.71
  • P/E Growth: -0.06
Sales & Book Value:
  • Annual Revenue: $727.34 million
  • Price / Sales: 0.07
  • Book Value: $0.69 per share
  • Price / Book: 3.42
Profitability:
  • EBITDA: $14.49 million
  • Net Margins: -13.84%
  • Return on Equity: -187.64%
  • Return on Assets: -8.72%
Debt:
  • Debt-to-Equity Ratio: 2.06%
  • Current Ratio: 0.51%
  • Quick Ratio: 0.42%
Misc:
  • Average Volume: 46,511 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's stock 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 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) issued its earnings results on Wednesday, September, 27th. The company reported ($1.57) EPS for the quarter, missing analysts' consensus estimates of ($0.76) by $0.81. The company earned $151.63 million during the quarter, compared to the consensus estimate of $180.70 million. Renesola had a negative return on equity of 187.64% and a negative net margin of 13.84%. 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 analysts have issued 12-month price objectives for Renesola's stock. Their predictions range from $3.00 to $4.00. On average, they expect Renesola's share price to reach $3.50 in the next year. 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 many different 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 $2.36.


MarketBeat Community Rating for Renesola (NYSE SOL)
Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  74 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  289
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 (48.31% upside)
Consensus Price Target History for Renesola (NYSE:SOL)
Price Target History for Renesola (NYSE:SOL)
Analysts' Ratings History for Renesola (NYSE:SOL)
Show:
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 10/22/2015 forward)

Earnings

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)

Estimates

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)

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

Headline Trends for Renesola (NYSE:SOL)
Latest Headlines for Renesola (NYSE:SOL)
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Chart

Renesola (SOL) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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