NYSE:SOL - ReneSola Stock Price, Forecast & News

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

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.

ReneSola Ltd. (NYSE:SOL) released its quarterly earnings data on Monday, November, 25th. The semiconductor company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. The semiconductor company earned $65.96 million during the quarter. ReneSola had a positive return on equity of 1.70% and a negative net margin of 2.42%. During the same quarter in the prior year, the business posted $0.04 EPS. View ReneSola's Earnings History.

ReneSola is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for ReneSola.

ReneSola updated its FY 2019 Pre-Market earnings guidance on Thursday, January, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115-120 million, compared to the consensus revenue estimate of $137.3 million.

2 brokers have issued twelve-month price objectives for ReneSola's shares. Their forecasts range from $22.00 to $22.00. On average, they expect ReneSola's stock price to reach $22.00 in the next twelve months. This suggests a possible upside of 1,541.8% 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 trended somewhat negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ReneSola earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for ReneSola.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other ReneSola investors own include SunPower (SPWR), FuelCell Energy (FCEL), Nokia Oyj (NOK), Canadian Solar (CSIQ), First Solar (FSLR), Yelp (YELP), Onconova Therapeutics (ONTX), Sierra Oncology (SRRA), Titan Pharmaceuticals (TTNP) and Yingli Green Energy (YGE).

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 $1.34.

ReneSola has a market capitalization of $51.04 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]