ReneSola Stock Price, News & Analysis (NYSE:SOL)

$2.77 -0.03 (-1.07 %)
(As of 01/24/2018 06:34 AM ET)
Previous Close$2.80
Today's Range$2.75 - $2.88
52-Week Range$2.12 - $3.79
Volume53,100 shs
Average Volume99,407 shs
Market Capitalization$106.69 million
P/E Ratio-0.56
Dividend YieldN/A
Beta2.37

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 solar power projects. 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 develops, builds and sells solar power projects. The Company is focused on its retail and residential-oriented business development. The Company's solar power projects pipeline includes early to mid-stage projects pipeline and late-stage projects pipeline.

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Industry, Sector and Symbol

Industry Renewable Energy Equipment & Services
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SOL
CUSIPN/A
Phone86-573-8477-3321

Debt

Debt-to-Equity Ratio2.06%
Current Ratio0.51%
Quick Ratio0.42%

Price-To-Earnings

Trailing P/E Ratio-0.555110220440882
Forward P/E Ratio-1.06
P/E GrowthN/A

Sales & Book Value

Annual Sales$929.84 million
Price / Sales0.11
Cash Flow$2.39 per share
Price / Cash1.16
Book Value$3.30 per share
Price / Book0.84

Profitability

Trailing EPS($4.99)
Net Income$-34,690,000.00
Net Margins-13.84%
Return on Equity-187.64%
Return on Assets-8.72%

Miscellaneous

Employees4,914
Outstanding Shares38,100,000

ReneSola (NYSE:SOL) Frequently Asked Questions

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 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) announced its quarterly earnings results on Wednesday, September, 27th. The semiconductor company reported ($1.57) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.76) by $0.81. The semiconductor company had revenue of $151.63 million for the quarter, compared to the consensus estimate of $180.70 million. ReneSola had a negative return on equity of 451.50% and a negative net margin of 20.75%. View ReneSola's Earnings History.

When will ReneSola make its next earnings announcement?

ReneSola is scheduled to release their next quarterly earnings announcement on Monday, March, 26th 2018. View Earnings Estimates for ReneSola.

Where is ReneSola's stock going? Where will ReneSola's stock price be in 2018?

2 brokers have issued 1-year price objectives for ReneSola's stock. Their forecasts range from $3.00 to $4.00. On average, they anticipate ReneSola's stock 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
  • , Bio & Compensation - 
  • 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
  • Jiabing Chen, Vice President - PV modules business unit

How do I buy ReneSola stock?

Shares of ReneSola 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, Scottrade, Fidelity and Charles Schwab.

What is ReneSola's stock price today?

One share of ReneSola stock can currently be purchased for approximately $2.77.

How big of a company is ReneSola?

ReneSola has a market capitalization of $106.69 million and generates $929.84 million in revenue each year. The semiconductor company earns $-34,690,000.00 in net income (profit) each year or ($4.99) on an earnings per share basis. ReneSola employs 4,914 workers across the globe.

How can I contact ReneSola?

ReneSola's mailing address is NO. 8 BAOQUN ROAD YAOZHUANG, JIASHAN F4, 314117. The semiconductor company can be reached via phone at 86-573-8477-3321 or via email at [email protected]


MarketBeat Community Rating for ReneSola (SOL)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  327
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

ReneSola (NYSE:SOL) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.001.50
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $3.50$3.50$3.50$3.00
Price Target Upside: 22.38% upside22.38% upside50.21% upside22.45% upside

ReneSola (NYSE:SOL) Consensus Price Target History

Price Target History for ReneSola (NYSE:SOL)

ReneSola (NYSE:SOL) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/21/2017Roth CapitalSet Price TargetHold$3.00LowView Rating Details
3/29/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$5.00 -> $4.00MediumView Rating Details
(Data available from 1/24/2016 forward)

Earnings

ReneSola (NYSE:SOL) Earnings History and Estimates Chart

Earnings by Quarter for ReneSola (NYSE:SOL)

ReneSola (NYSE SOL) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/26/2018N/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
5/11/2012Q1 2012($1.50)($2.35)ViewN/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
3/1/2011Q4 2010$3.45$3.45ViewN/AView Earnings Details
11/5/2010Q3 2010$2.50$3.50ViewN/AView Earnings Details
8/9/2010Q2 2010$2.00$2.10ViewN/AView Earnings Details
5/10/2010Q1 2010$0.55$0.70ViewN/AView Earnings Details
3/10/2010Q4 2009($0.40)($1.16)ViewN/AView Earnings Details
11/16/2009Q3 2009($0.20)($0.72)ViewN/AView Earnings Details
8/12/2009Q2 2009($0.30)($0.55)ViewN/AView Earnings Details
5/21/2009Q1 2009$0.30$0.16ViewN/AView Earnings Details
3/12/2009Q4 2008($3.20)($9.20)ViewN/AView Earnings Details
11/18/2008Q3 2008$1.85$2.30ViewN/AView Earnings Details
8/19/2008Q2 2008$1.55$1.90ViewN/AView Earnings Details
5/14/2008Q1 2008$1.20$1.40ViewN/AView Earnings Details
3/19/2008Q4 2007$1.70ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

ReneSola (NYSE:SOL) Earnings Estimates

2018 EPS Consensus Estimate: ($1.80)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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)
(Earnings estimates 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

ReneSola (NYSE SOL) News Headlines

Source:
DateHeadline
ReneSola Comments on U.S. Solar Products Tariff RulingReneSola Comments on U.S. Solar Products Tariff Ruling
finance.yahoo.com - January 23 at 8:30 AM
Solar PV Modules, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021Solar PV Modules, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021
www.prnewswire.com - January 15 at 3:49 PM
ReneSola Ltd (NYSE:SOL): What Does It Mean For Your Portfolio?ReneSola Ltd (NYSE:SOL): What Does It Mean For Your Portfolio?
finance.yahoo.com - January 3 at 10:39 AM
ReneSola Connects 90 MW of Distributed Generation Projects in ChinaReneSola Connects 90 MW of Distributed Generation Projects in China
finance.yahoo.com - January 2 at 10:57 AM
Mid-Day Market Update: Energous Surges After Receiving FCC Certification For Wireless Charging; One Horizon Group Shares DropMid-Day Market Update: Energous Surges After Receiving FCC Certification For Wireless Charging; One Horizon Group Shares Drop
feeds.benzinga.com - December 27 at 12:41 PM
ReneSola (SOL) Downgraded to "Hold" at Zacks Investment ResearchReneSola (SOL) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - December 22 at 11:36 AM
Roth Capital Analysts Give ReneSola (SOL) a $3.00 Price TargetRoth Capital Analysts Give ReneSola (SOL) a $3.00 Price Target
www.americanbankingnews.com - December 22 at 7:16 AM
AlphaDirect EnergyTech Investor, LLC Discusses ReneSola Ltd. and Its Role as a Project Developer and Independent Solar Power Producer with CEO Xianshou LiAlphaDirect EnergyTech Investor, LLC Discusses ReneSola Ltd. and Its Role as a Project Developer and Independent Solar Power Producer with CEO Xianshou Li
finance.yahoo.com - December 21 at 3:54 PM
Is ReneSola Ltd (NYSE:SOL) Keeping Up With Its Tech Peers?Is ReneSola Ltd (NYSE:SOL) Keeping Up With Its Tech Peers?
finance.yahoo.com - December 20 at 11:12 AM
Edited Transcript of SOL earnings conference call or presentation 19-Dec-17 1:30pm GMTEdited Transcript of SOL earnings conference call or presentation 19-Dec-17 1:30pm GMT
finance.yahoo.com - December 20 at 11:12 AM
ReneSola Sees Sequentially Higher Revenues In Q4 - Quick FactsReneSola Sees Sequentially Higher Revenues In Q4 - Quick Facts
www.nasdaq.com - December 19 at 11:12 AM
Form 6-K ReneSola Ltd For: Dec 19Form 6-K ReneSola Ltd For: Dec 19
www.streetinsider.com - December 19 at 11:12 AM
Zacks Industry Outlook Highlights: Yingli Green Energy and ReneSolaZacks Industry Outlook Highlights: Yingli Green Energy and ReneSola
finance.yahoo.com - December 14 at 4:14 PM
ReneSola Secures Project Financing from Sequoia Economic Infrastructure Income Fund for 55MW of Projects in PolandReneSola Secures Project Financing from Sequoia Economic Infrastructure Income Fund for 55MW of Projects in Poland
finance.yahoo.com - December 13 at 11:33 AM
Renesola (SOL) to Release Quarterly Earnings on TuesdayRenesola (SOL) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - December 12 at 1:34 AM
Renesola (SOL) Set to Announce Earnings on MondayRenesola (SOL) Set to Announce Earnings on Monday
www.americanbankingnews.com - December 4 at 8:26 PM
Should You Buy ReneSola Ltd (SOL)?Should You Buy ReneSola Ltd (SOL)?
finance.yahoo.com - December 4 at 11:34 AM
ReneSola to Participate in the 5th Annual ROTH Industrial Growth and Cleantech 1x1 Event in New YorkReneSola to Participate in the 5th Annual ROTH Industrial Growth and Cleantech 1x1 Event in New York
finance.yahoo.com - November 30 at 11:55 AM
Renesola Ltd. (SOL) PT Set at $3.00 by Roth CapitalRenesola Ltd. (SOL) PT Set at $3.00 by Roth Capital
www.americanbankingnews.com - November 26 at 11:32 AM
Brokerages Anticipate Renesola Ltd. (SOL) to Post $0.05 Earnings Per ShareBrokerages Anticipate Renesola Ltd. (SOL) to Post $0.05 Earnings Per Share
www.americanbankingnews.com - November 20 at 11:50 AM
Renesola Ltd. (SOL) to Release Earnings on MondayRenesola Ltd. (SOL) to Release Earnings on Monday
www.americanbankingnews.com - November 20 at 1:40 AM
South Africas rand inches firmer, stocks slide as resources sufferSouth Africa's rand inches firmer, stocks slide as resources suffer
finance.yahoo.com - November 15 at 3:39 PM
ReneSola Says Kevin Chen Resigned As President Of U.S. RegionReneSola Says Kevin Chen Resigned As President Of U.S. Region
www.rttnews.com - November 14 at 8:07 AM
BRIEF-Renesola announces senior management changesBRIEF-Renesola announces senior management changes
www.reuters.com - November 14 at 8:07 AM
ReneSola Announces Senior Management ChangesReneSola Announces Senior Management Changes
finance.yahoo.com - November 14 at 8:07 AM
Is ReneSola Ltd’s (SOL) Balance Sheet A Threat To Its Future?Is ReneSola Ltd’s (SOL) Balance Sheet A Threat To Its Future?
finance.yahoo.com - November 14 at 8:07 AM
What to Expect From First Solar (FSLR) in Q3 Earnings?What to Expect From First Solar (FSLR) in Q3 Earnings?
www.zacks.com - October 24 at 10:17 AM
32 Stocks Moving In Mondays Mid-Day Session32 Stocks Moving In Monday's Mid-Day Session
feeds.benzinga.com - October 23 at 2:20 PM
Notice of Combined General Meeting of Sasol Ordinary Shareholders, Sasol Preferred Ordinary Shareholders and Sasol BEE Ordinary ShareholdersNotice of Combined General Meeting of Sasol Ordinary Shareholders, Sasol Preferred Ordinary Shareholders and Sasol BEE Ordinary Shareholders
finance.yahoo.com - October 19 at 9:08 AM
Sasol Publishes Production and Sales Metrics for the Three Months Ended 30 September 2017Sasol Publishes Production and Sales Metrics for the Three Months Ended 30 September 2017
finance.yahoo.com - October 19 at 9:08 AM
BRIEF-RENESOLA GENERATES 29 MLN KW HOURS OF ELECTRICITY FROM SOLAR PROJECTS IN CHINA IN Q3BRIEF-RENESOLA GENERATES 29 MLN KW HOURS OF ELECTRICITY FROM SOLAR PROJECTS IN CHINA IN Q3
www.reuters.com - October 17 at 7:31 AM
ReneSola Generates 29 Million Kilowatt Hours of Electricity from Distributed Generation Solar Projects in China in Third QuarterReneSola Generates 29 Million Kilowatt Hours of Electricity from Distributed Generation Solar Projects in China in Third Quarter
finance.yahoo.com - October 16 at 6:40 AM
Earnings Review and Free Research Report: ReneSola Cash and Cash Equivalents Increased 20.6%Earnings Review and Free Research Report: ReneSola Cash and Cash Equivalents Increased 20.6%
finance.yahoo.com - October 11 at 7:52 AM
Sasol Amends Plan to Issue Additional Shares to Settle Expected Outstanding Sasol Inzalo DebtSasol Amends Plan to Issue Additional Shares to Settle Expected Outstanding Sasol Inzalo Debt
finance.yahoo.com - October 9 at 4:12 AM
ReneSola Ltd. :SOL-US: Earnings Analysis: Q2, 2017 By the Numbers : October 4, 2017ReneSola Ltd. :SOL-US: Earnings Analysis: Q2, 2017 By the Numbers : October 4, 2017
finance.yahoo.com - October 6 at 11:47 AM
ReneSolas (SOL) Q2 Loss Wider than Expected, Revenues DownReneSola's (SOL) Q2 Loss Wider than Expected, Revenues Down
finance.yahoo.com - October 3 at 12:42 PM
8point3 Energy Partners Declares 3% Quarterly Dividend Hike8point3 Energy Partners Declares 3% Quarterly Dividend Hike
www.nasdaq.com - September 27 at 4:26 PM
ReneSola (SOL) Plans Disposition of Manufacturing and LED Distribution Businesses and Related LiabilitiesReneSola (SOL) Plans Disposition of Manufacturing and LED Distribution Businesses and Related Liabilities
www.streetinsider.com - September 27 at 4:26 PM
ReneSola Enters Into Definitive Agreement for the Disposition of Manufacturing and LED Distribution Businesses and Related LiabilitiesReneSola Enters Into Definitive Agreement for the Disposition of Manufacturing and LED Distribution Businesses and Related Liabilities
www.marketwatch.com - September 27 at 4:26 PM
ReneSola reports 2Q lossReneSola reports 2Q loss
finance.yahoo.com - September 27 at 4:26 PM
ReneSola Provides Business Update and Announces Second Quarter 2017 ResultsReneSola Provides Business Update and Announces Second Quarter 2017 Results
www.bizjournals.com - September 27 at 4:26 PM
ReneSola Slips To Loss In Q2; Provides Business UpdateReneSola Slips To Loss In Q2; Provides Business Update
www.rttnews.com - September 27 at 4:26 PM
BRIEF-Renesola provides business update and announces Q2 2017 resultsBRIEF-Renesola provides business update and announces Q2 2017 results
www.businessinsider.com - September 27 at 4:26 PM
Renesola Ltd. (SOL) Announces  Earnings ResultsRenesola Ltd. (SOL) Announces Earnings Results
www.americanbankingnews.com - September 27 at 10:40 AM
Renesola Ltd. (SOL) to Release Earnings on WednesdayRenesola Ltd. (SOL) to Release Earnings on Wednesday
www.americanbankingnews.com - September 25 at 8:28 PM
Sasol Announces Proposed New R21 Billion B-BBEE Ownership StructureSasol Announces Proposed New R21 Billion B-BBEE Ownership Structure
finance.yahoo.com - September 20 at 9:14 AM
Renesola Ltd. (SOL) Scheduled to Post Earnings on MondayRenesola Ltd. (SOL) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - September 17 at 8:22 PM
Is It Time To Buy ReneSola Ltd (SOL)?Is It Time To Buy ReneSola Ltd (SOL)?
finance.yahoo.com - September 15 at 9:13 AM
ReneSola Signs Agreement to Sell 24MW of Solar Project in North CarolinaReneSola Signs Agreement to Sell 24MW of Solar Project in North Carolina
finance.yahoo.com - September 5 at 8:34 AM
Head to Head Survey: Trina Solar Limited (TSL) vs. Renesola (SOL)Head to Head Survey: Trina Solar Limited (TSL) vs. Renesola (SOL)
www.americanbankingnews.com - September 3 at 12:04 PM

SEC Filings

ReneSola (NYSE:SOL) SEC Filings

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Social Media

Financials

ReneSola (NYSE:SOL) Income Statement, Balance Sheet and Cash Flow Statement

Chart

ReneSola (NYSE SOL) Stock Chart for Wednesday, January, 24, 2018

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This page was last updated on 1/24/2018 by MarketBeat.com Staff

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