NYSE:SOLReneSola Stock Price, Forecast & News

ReneSola's stock was trading at $1.11 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SOL shares have increased by 13.5% and is now trading at $1.26. View which stocks have been most impacted by Coronavirus.

ReneSola is scheduled to release its next quarterly earnings announcement on Monday, September 21st 2020. View our earnings forecast for ReneSola.

ReneSola Ltd. (NYSE:SOL) released its earnings results on Friday, May, 29th. The semiconductor company reported ($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.01. The semiconductor company earned $21.16 million during the quarter, compared to analyst estimates of $32 million. ReneSola had a positive return on equity of 10.69% and a negative net margin of 6.17%. During the same quarter in the prior year, the company posted ($0.14) EPS. View ReneSola's earnings history.

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.

Headlines about SOL stock have been trending neutral this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog 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 daily sentiment score of 0.1 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the near future. View the latest news about ReneSola.

Some companies that are related to ReneSola include Sequans Communications (SQNS), Atomera (ATOM), GSI Technology (GSIT), Everspin Technologies (MRAM), Netlist (NLST), Pixelworks (PXLW), POET Technologies (POETF), Resonant (RESN), Kopin (KOPN), EMCORE (EMKR), LightPath Technologies (LPTH), Envision Solar International (EVSI), Intermolecular (IMI), O2Micro International (OIIM) and QuickLogic (QUIK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ReneSola investors own include Nokia Oyj (NOK), SunPower (SPWR), Titan Pharmaceuticals (TTNP), FuelCell Energy (FCEL), Onconova Therapeutics (ONTX), Canadian Solar (CSIQ), First Solar (FSLR), Yelp (YELP), Co-Diagnostics (CODX) and Ibio (IBIO).

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

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 $1.26.

ReneSola has a market capitalization of $47.99 million and generates $119.12 million in revenue each year. The semiconductor company earns $-8,830,000.00 in net income (profit) each year or $0.35 on an earnings per share basis. ReneSola employs 222 workers across the globe.

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

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 or via email at [email protected]