NYSE:SOLReneSola Stock Price, Forecast & 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 $1.10 -0.01 (-0.90 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$1.10Now: $1.10▼$1.1550-Day Range$0.92MA: $1.00▼$1.1852-Week Range$0.85Now: $1.10▼$2.09Volume45,789 shsAverage Volume61,934 shsMarket Capitalization$41.90 millionP/E RatioN/ADividend YieldN/ABeta1.35 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for ReneSola. Previous Next 1.5 Community Rank Outperform VotesReneSola has received 173 “outperform” votes. (Add your “outperform” vote.)Underperform VotesReneSola has received 391 “underperform” votes. (Add your “underperform” vote.)Community SentimentReneSola has received 69.33% “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 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ReneSola insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,973,710.00 in company stock and sold $0.00 in company stock.Percentage Held by Institutions39.24% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for ReneSola are expected to grow in the coming year, from ($0.03) to $0.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ReneSola is -8.46, 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 -8.46, 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 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 1.5Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.35 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 Ratio0.24 Current Ratio0.94 Quick Ratio0.94Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$119.12 million Price / Sales0.35 Cash Flow$0.57 per share Price / Cash Flow1.93 Book Value$3.61 per share Price / Book0.30Profitability EPS (Most Recent Fiscal Year)$0.35 Net Income$-8,830,000.00 Net Margins-6.17% Return on Equity10.69% Return on Assets4.16%Miscellaneous Employees222 Outstanding Shares38,090,000Market Cap$41.90 million Next Earnings Date9/21/2020 (Estimated) OptionableOptionable SOL Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? 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 decreased by 0.9% and is now trading at $1.10. View which stocks have been most impacted by Coronavirus. 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ReneSola. When is ReneSola's next earnings date? ReneSola is scheduled to release its next quarterly earnings announcement on Monday, September 21st 2020. View our earnings forecast for ReneSola. How were ReneSola's earnings last quarter? ReneSola Ltd. (NYSE:SOL) posted its earnings results on Friday, May, 29th. The semiconductor company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by $0.01. The semiconductor company had revenue of $21.16 million for the quarter, compared to the consensus estimate of $32 million. ReneSola had a negative net margin of 6.17% and a positive return on equity of 10.69%. During the same quarter in the prior year, the business posted ($0.14) EPS. View ReneSola's earnings history. 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 updated its FY 2020 Pre-Market earnings guidance on Friday, March, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $80-100 million, compared to the consensus revenue estimate of $155.6 million. Has ReneSola been receiving favorable news coverage? News headlines about SOL stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ReneSola earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutReneSola. Who are some of ReneSola's key competitors? Some companies that are related to ReneSola include Pixelworks (PXLW), Sequans Communications (SQNS), Resonant (RESN), Everspin Technologies (MRAM), POET Technologies (POETF), Kopin (KOPN), EMCORE (EMKR), LightPath Technologies (LPTH), Intermolecular (IMI), QuickLogic (QUIK), Envision Solar International (EVSI), O2Micro International (OIIM), Netlist (NLST), On Track Innovations (OTIVF) and Rubicon Technology (RBCN). 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 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). 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 $1.10. How big of a company is ReneSola? ReneSola has a market capitalization of $41.90 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 6/7/2020 by MarketBeat.com Staff
