NYSE:SOL ReneSola Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding ReneSola Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.79 +0.21 (+8.14 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$2.45Now: $2.79▼$2.9050-Day Range$1.45MA: $1.84▼$2.5852-Week Range$0.85Now: $2.79▼$2.98Volume1.39 million shsAverage Volume151,504 shsMarket Capitalization$106.27 millionP/E RatioN/ADividend YieldN/ABeta1.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It operates through three segments: solar power project development, EPC services, and electricity revenue generation. The company also develops community solar gardens; and sells projects rights. In addition, its engineering, and procurement and construction business includes engineering design, procurement of solar modules, balance-of-system and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of February 28, 2018, it operated approximately 80 solar power projects with an aggregate capacity of 212 MW. The company was founded in 2005 and is based in Shanghai, the People's Republic of China.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingReneSola has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, ReneSola has a forecasted upside of 43.4% from its current price of $2.79.Amount of Analyst CoverageReneSola has only been the subject of 1 research reports in the past 90 days. Previous Next 1.5 Community Rank Outperform VotesReneSola has received 174 “outperform” votes. (Add your “outperform” vote.)Underperform VotesReneSola has received 392 “underperform” votes. (Add your “underperform” vote.)Community SentimentReneSola has received 69.26% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about ReneSola and other stocks. Vote “Outperform” if you believe SOL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SOL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldReneSola does not currently pay a dividend.Dividend GrowthReneSola does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ReneSola insiders have not sold or bought any company stock.Percentage Held by Institutions39.25% of the stock of ReneSola is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for ReneSola are expected to remain at $0.04 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of ReneSola is -13.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ReneSola is -13.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioReneSola has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 1.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.33 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Semiconductors & related devices Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:SOL Previous Symbol CUSIPN/A CIK1417892 Webwww.renesolapower.com Phone347-577-9055Debt Debt-to-Equity Ratio0.33 Current Ratio0.90 Quick Ratio0.90Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio69.75 P/E GrowthN/A Sales & Book Value Annual Sales$119.12 million Price / Sales0.89 Cash Flow$1.04 per share Price / Cash Flow2.68 Book Value$3.61 per share Price / Book0.77Profitability EPS (Most Recent Fiscal Year)$0.35 Net Income$-8,830,000.00 Net Margins-7.07% Return on Equity9.44% Return on Assets4.11%Miscellaneous Employees222 Outstanding Shares38,090,000Market Cap$106.27 million Next Earnings Date11/23/2020 (Estimated) OptionableOptionable $2.79 +0.21 (+8.14 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SOL News and Ratings via Email Sign-up to receive the latest news and ratings for SOL and its competitors with MarketBeat's FREE daily newsletter. ReneSola (NYSE:SOL) Frequently Asked Questions How has ReneSola's stock price been impacted by COVID-19 (Coronavirus)? ReneSola's stock was trading at $1.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SOL shares have increased by 151.4% and is now trading at $2.79. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of ReneSola? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ReneSola in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ReneSola. When is ReneSola's next earnings date? ReneSola is scheduled to release its next quarterly earnings announcement on Monday, November 23rd 2020. View our earnings forecast for ReneSola. How were ReneSola's earnings last quarter? ReneSola Ltd. (NYSE:SOL) issued its earnings results on Thursday, August, 27th. The semiconductor company reported $0.06 earnings per share for the quarter. ReneSola had a negative net margin of 7.07% and a positive return on equity of 9.44%. During the same quarter in the previous year, the business earned $0.13 earnings per share. View ReneSola's earnings history. When did ReneSola's stock split? How did ReneSola's stock split work? ReneSola shares reverse split on the morning of 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. What price target have analysts set for SOL? 1 analysts have issued 12 month price targets for ReneSola's shares. Their forecasts range from $4.00 to $4.00. On average, they anticipate ReneSola's share price to reach $4.00 in the next year. This suggests a possible upside of 43.4% from the stock's current price. View analysts' price targets for ReneSola. Are investors shorting ReneSola? ReneSola saw a drop in short interest in August. As of August 31st, there was short interest totaling 26,900 shares, a drop of 27.5% from the August 15th total of 37,100 shares. Based on an average daily trading volume, of 222,300 shares, the short-interest ratio is currently 0.1 days. View ReneSola's Short Interest. Who are some of ReneSola's key competitors? Some companies that are related to ReneSola include NeoPhotonics (NPTN), DSP Group (DSPG), Canaan (CAN), Alpha and Omega Semiconductor (AOSL), Applied Optoelectronics (AAOI), NVE (NVEC), AXT (AXTI), Atomera (ATOM), Sequans Communications (SQNS), GSI Technology (GSIT), Resonant (RESN), POET Technologies (POETF), Kopin (KOPN), Everspin Technologies (MRAM) and EMCORE (EMKR). View all 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 Inovio Pharmaceuticals (INO), Nokia Oyj (NOK), FuelCell Energy (FCEL), Co-Diagnostics (CODX), Onconova Therapeutics (ONTX), Canopy Growth (CGC), SunPower (SPWR), Titan Pharmaceuticals (TTNP), Plug Power (PLUG) and VBI Vaccines (VBIV). Who are ReneSola's key executives? ReneSola's management team includes the following people: Mr. Xianshou Li, Chairman & CEO (Age 50)Mr. Xiaoliang Liang, Chief Financial Officer (Age 46)Mr. Johnny Pan, Investor RelationsMr. Doran Hole, CEO of North America & VP of Strategy (Age 49)Ms. Rebecca Shen, Investor Relations Contact What is ReneSola's stock symbol? ReneSola trades on the New York Stock Exchange (NYSE) under the ticker symbol "SOL." 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is ReneSola's stock price today? One share of SOL stock can currently be purchased for approximately $2.79. How big of a company is ReneSola? ReneSola has a market capitalization of $106.27 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. 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 or via email at [email protected] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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