NYSE:SOL

ReneSola Stock Forecast, Price & News

$6.64
-0.32 (-4.60 %)
(As of 07/27/2021 10:27 AM ET)
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Today's Range
$6.58
$6.90
50-Day Range
$6.89
$9.74
52-Week Range
$1.42
$35.77
Volume7,879 shs
Average Volume1.30 million shs
Market Capitalization$463.14 million
P/E Ratio41.50
Dividend YieldN/A
Beta2.3
30 days | 90 days | 365 days | Advanced Chart
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ReneSola logo

About ReneSola

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 Generation Revenue. 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 components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2020, it operated approximately 100 solar power projects with an aggregate capacity of 173 megawatts. ReneSola Ltd has operations in the United States and Europe. The company was founded in 2005 and is headquartered in Stamford, Connecticut.

Headlines

ReneSola (NYSE:SOL)  Shares Down 4.8%
ReneSola (NYSE:SOL) Shares Down 4.8%
July 22, 2021 |  americanbankingnews.com
ReneSola Ltd (NYSE:SOL) Short Interest Down 45.2% in June
ReneSola Ltd (NYSE:SOL) Short Interest Down 45.2% in June
July 18, 2021 |  americanbankingnews.com
ReneSola: I Buy The Turnaround - Seeking Alpha
ReneSola: I Buy The Turnaround - Seeking Alpha
July 16, 2021 |  seekingalpha.com
ReneSola (NYSE:SOL) Shares Gap Down to $7.31
ReneSola (NYSE:SOL) Shares Gap Down to $7.31
July 15, 2021 |  americanbankingnews.com
ReneSola (NYSE:SOL) Stock Price Down 2.4%
ReneSola (NYSE:SOL) Stock Price Down 2.4%
July 9, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.37 out of 5 stars

Oils/Energy Sector

190th out of 712 stocks

Semiconductors & Related Devices Industry

73rd out of 151 stocks

Analyst Opinion: 3.4Community Rank: 1.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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ReneSola (NYSE:SOL) Frequently Asked Questions

Is ReneSola a buy right now?

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

What stocks does MarketBeat like better than ReneSola?

Wall Street analysts have given ReneSola a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ReneSola wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting ReneSola?

ReneSola saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,810,000 shares, an increase of 17.5% from the June 30th total of 1,540,000 shares. Based on an average daily trading volume, of 2,080,000 shares, the short-interest ratio is presently 0.9 days.
View ReneSola's Short Interest
.

When is ReneSola's next earnings date?

ReneSola is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for ReneSola
.

How were ReneSola's earnings last quarter?

ReneSola Ltd (NYSE:SOL) announced its earnings results on Tuesday, May, 25th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.07. The semiconductor company earned $22.78 million during the quarter, compared to the consensus estimate of $20 million. ReneSola had a net margin of 11.16% and a trailing twelve-month return on equity of 4.02%.
View ReneSola's earnings history
.

How has ReneSola's stock been impacted by Coronavirus (COVID-19)?

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 stock has increased by 527.0% and is now trading at $6.96.
View which stocks have been most impacted by COVID-19
.

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

Shares of ReneSola 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 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.

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

ReneSola issued an update on its second quarter 2021 earnings guidance on Friday, June, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $19 million-$22 million, compared to the consensus revenue estimate of $23.20 million.

What price target have analysts set for SOL?

4 Wall Street analysts have issued 1 year price targets for ReneSola's shares. Their forecasts range from $8.20 to $15.00. On average, they anticipate ReneSola's stock price to reach $12.57 in the next twelve months. This suggests a possible upside of 80.6% 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 58)
  • Mr. John Ewen, Chief Exec. Officer of North America (Age 51)
  • Mr. Kevin Chen, CFO & Director (Age 47)
  • Ms. Crystal Li, VP of Investment & Director (Age 27)
  • Mr. Johnny Pan, Investor Relations
  • Mr. Josef Kastner, Chief Exec. Officer of European Region (Age 57)
  • Mr. Wade Li, Pres of China Region & Director (Age 29)
  • 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?

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 (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 many different institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (0.16%). Company insiders that own ReneSola stock include Barlow Todd and Shah Capital Management.
View institutional ownership trends for ReneSola
.

Which institutional investors are selling ReneSola stock?

SOL stock was sold by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd..
View insider buying and selling activity for ReneSola
or view top insider-selling 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.
Compare Top Brokerages Here.

What is ReneSola's stock price today?

One share of SOL stock can currently be purchased for approximately $6.96.

How much money does ReneSola make?

ReneSola has a market capitalization of $485.46 million and generates $73.92 million in revenue each year. The semiconductor company earns $2.78 million in net income (profit) each year or $0.09 on an earnings per share basis.

How many employees does ReneSola have?

ReneSola employs 147 workers across the globe.

What is ReneSola's official website?

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

Where are ReneSola's headquarters?

ReneSola is headquartered at 3RD FLOOR 850 CANAL ST, STAMFORD CT, 06902.

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 7/27/2021 by MarketBeat.com Staff
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