ReneSola (SOL) Stock Forecast, Price & News

ReneSola (NYSE:SOL) Frequently Asked Questions

Is ReneSola a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ReneSola in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ReneSola stock.
View analyst ratings for ReneSola or view top-rated stocks.

When is ReneSola's next earnings date?

ReneSola is scheduled to release its next quarterly earnings announcement on Tuesday, June 7th 2022.
View our earnings forecast for ReneSola.

How can I listen to ReneSola's earnings call?

ReneSola will be holding an earnings conference call on Tuesday, June 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-254-3697 with passcode "7779910".

How were ReneSola's earnings last quarter?

ReneSola Ltd (NYSE:SOL) issued its earnings results on Wednesday, March, 23rd. The semiconductor company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The semiconductor company had revenue of $22.82 million for the quarter, compared to the consensus estimate of $25.19 million. ReneSola had a trailing twelve-month return on equity of 2.67% and a net margin of 8.61%. During the same quarter in the previous year, the business earned $0.18 EPS.
View ReneSola's earnings history.

When did ReneSola's stock split? How did ReneSola's stock split work?

ReneSola shares 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 will ReneSola's stock buyback program work?

ReneSola announced that its Board of Directors has authorized a stock repurchase plan on Monday, December 6th 2021, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 12.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

What guidance has ReneSola issued on next quarter's earnings?

ReneSola updated its FY 2022 earnings guidance on Wednesday, April, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $100 million-$120 million, compared to the consensus revenue estimate of $128.40 million.

What price target have analysts set for SOL?

4 brokers have issued 12 month price objectives for ReneSola's stock. Their forecasts range from $10.00 to $12.50. On average, they anticipate ReneSola's stock price to reach $11.50 in the next year. This suggests a possible upside of 156.7% from the stock's current price.
View analysts' price targets for ReneSola or view top-rated stocks among Wall Street analysts.

Who are ReneSola's key executives?

ReneSola's management team includes the following people:

• Mr. Yumin Liu, Chief Exec. Officer (Age 59)
• Mr. John Ewen, Chief Exec. Officer of North America (Age 52)
• Mr. Kevin Chen, Chief Financial Officer (Age 48)
• Ms. Xinhan Li, VP of Investment & Director (Age 28)
• Mr. Johnny Pan, Investor Relations
• Mr. Josef Kastner, Chief Exec. Officer of European Region (Age 58)
• Ms. Rebecca Shen, Investor Relations Contact
• Ms. Ella Li, Investor Relations

What is Xian Shou Li's approval rating as ReneSola's CEO?

34 employees have rated ReneSola CEO Xian Shou Li on Glassdoor.com. Xian Shou Li has an approval rating of 28% among ReneSola's employees. This puts Xian Shou Li in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of ReneSola's key competitors?

Some companies that are related to ReneSola include SMART Global (SGH), ChipMOS TECHNOLOGIES (IMOS), Alpha and Omega Semiconductor (AOSL), Netlist (NLST), Netlist (NLST), indie Semiconductor (INDI), Photronics (PLAB), Navitas Semiconductor (NVTS), Magnachip Semiconductor (MX), Ichor (ICHR), NeoPhotonics (NPTN), Canaan (CAN), Meta Materials (MMAT), nLIGHT (LASR) and Maxeon Solar Technologies (MAXN).
View all of SOL's competitors.

What other stocks do shareholders of ReneSola own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ReneSola investors own include Co-Diagnostics (CODX), Inovio Pharmaceuticals (INO), Nokia Oyj (NOK), FuelCell Energy (FCEL), Advanced Micro Devices (AMD), SunPower (SPWR), VBI Vaccines (VBIV), First Solar (FSLR), Onconova Therapeutics (ONTX) and OPKO Health (OPK).

What is ReneSola's stock symbol?

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

Who are ReneSola's major shareholders?

ReneSola's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (9.53%), State Street Corp (4.25%), BlackRock Inc. (0.56%), First Trust Advisors LP (0.51%), JPMorgan Chase & Co. (0.27%) and Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.21%).
View institutional ownership trends for ReneSola.

Which major investors are selling ReneSola stock?

SOL stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., State Street Corp, JPMorgan Chase & Co., First Trust Advisors LP, Jane Street Group LLC, Harel Insurance Investments & Financial Services Ltd., BlackRock Inc., and Citigroup Inc..
View insider buying and selling activity for ReneSola or view top insider-selling stocks.

Which major investors are buying ReneSola stock?

SOL stock was acquired by a variety of institutional investors in the last quarter, including Group One Trading L.P., Krane Funds Advisors LLC, PEAK6 Investments LLC, Goldman Sachs Group Inc., Ergoteles LLC, Dynamic Technology Lab Private Ltd, Atria Wealth Solutions Inc., and Veriti Management LLC.
View insider buying and selling activity for ReneSola or or view top insider-buying stocks.

How do I buy shares of ReneSola?

Shares of SOL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is ReneSola's stock price today?

One share of SOL stock can currently be purchased for approximately $4.48.

How much money does ReneSola make?

ReneSola has a market capitalization of $300.76 million and generates $79.66 million in revenue each year. The semiconductor company earns $6.86 million in net income (profit) each year or $0.10 on an earnings per share basis.

How many employees does ReneSola have?

ReneSola employs 147 workers across the globe.

Does ReneSola have any subsidiaries?

The following companies are subsidiares of ReneSola: ECOSFER ENERGY S.R.L., Edison Oakapple Ltd, LUCAS EST S.R.L, ReneSola Consulting (Shanghai) Co. Ltd, ReneSola Investment Management Ltd., ReneSola New Energy S.à r.l., ReneSola Power Canada, ReneSola Power Holdings LLC., Renesola (Zhejiang) PV Power Co. Ltd., Renesola Poksla sp. z o.o., Renesola Szolgáltató és Kivitelező Kft., Sichuan Bobo Electric Power Engineering Ltd., and Zhejiang ReneSola Investment Ltd..

When was ReneSola founded?

ReneSola was founded in 2005.

What is ReneSola's official website?

The official website for ReneSola is www.renesolapower.com.

How can I contact ReneSola?

ReneSola's mailing address is 3RD FLOOR 850 CANAL ST, STAMFORD CT, 06902. The semiconductor company can be reached via phone at (347) 577-9055, via email at [email protected], or via fax at 347-577-9985.