Renesola Company Profile (NYSE:SOL)

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 wafer sales, cell and module sales, and solar power projects. The wafer sales segment involves the manufacture and sales of monocrystalline and processing services. The cell and module sales segment involves the manufacture and sales of solar cells and modules. 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 provides its customers with solar power products and processing services. It provides solar power products to a network of suppliers and customers, which includes manufacturers of solar cells and modules and distributors, installers and end users of solar modules.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Renewable Energy Equipment & Services
  • Sub-Industry: N/A
  • Symbol: NYSE:SOL
  • CUSIP: N/A
  • Web: www.renesola.com
Capitalization:
  • Market Cap: $47.58 million
  • Outstanding Shares: 20,053,000
Average Prices:
  • 50 Day Moving Avg: $2.34
  • 200 Day Moving Avg: $2.50
  • 52 Week Range: $0.59 - $3.38
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 33.14
  • P/E Growth: -0.06
Sales & Book Value:
  • Annual Revenue: $825.75 million
  • Price / Sales: 0.06
  • Book Value: $2.09 per share
  • Price / Book: 1.11
Profitability:
  • EBITDA: $41.45 million
  • Net Margins: -13.84%
  • Return on Equity: -187.64%
  • Return on Assets: -8.72%
Debt:
  • Debt-to-Equity Ratio: 2.06%
  • Current Ratio: 0.51%
  • Quick Ratio: 0.42%
Misc:
  • Average Volume: 45,770 shs.
  • Beta: 2.23
  • Short Ratio: 6
 

Frequently Asked Questions for Renesola (NYSE:SOL)

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?

Shares of Renesola 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 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.

How were Renesola's earnings last quarter?

Renesola Ltd. (NYSE:SOL) issued its quarterly earnings data on Wednesday, September, 27th. The company reported ($1.57) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.76) by $0.81. The company earned $151.63 million during the quarter, compared to the consensus estimate of $180.70 million. Renesola had a negative return on equity of 187.64% and a negative net margin of 13.84%. View Renesola's Earnings History.

When will Renesola make its next earnings announcement?

Renesola is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. View Earnings Estimates for Renesola.

Where is Renesola's stock going? Where will Renesola's stock price be in 2017?

2 brokerages have issued 1-year price targets for Renesola's shares. Their forecasts range from $3.00 to $4.00. On average, they expect Renesola's share 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
  • Kevin Chen, President, America Region
  • 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

Who owns Renesola stock?

Renesola's stock is owned by a variety of of institutional and retail investors. Top institutional investors include SHAH CAPITAL MANAGEMENT (11.80%). View Institutional Ownership Trends for Renesola.

How do I buy Renesola stock?

Shares of Renesola can be purchased through any online brokerage account. Popular online brokerages 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 $2.32.


MarketBeat Community Rating for Renesola (NYSE SOL)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  286
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

Consensus Ratings for Renesola (NYSE:SOL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.50 (50.86% upside)
Consensus Price Target History for Renesola (NYSE:SOL)
Price Target History for Renesola (NYSE:SOL)
Analysts' Ratings History for Renesola (NYSE:SOL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Roth CapitalUpgradeSell -> Neutral$3.00N/AView Rating Details
3/29/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$5.00 -> $4.00MediumView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for Renesola (NYSE:SOL)
Earnings by Quarter for Renesola (NYSE:SOL)
Earnings History by Quarter for Renesola (NYSE SOL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/27/2017($0.62)N/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
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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Renesola (NYSE:SOL)
2017 EPS Consensus Estimate: ($2.14)
2018 EPS Consensus Estimate: ($1.80)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($1.29)($1.29)($1.29)
Q2 20171($0.43)($0.43)($0.43)
Q3 20171($0.37)($0.37)($0.37)
Q4 20171($0.05)($0.05)($0.05)
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)
(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

Headline Trends for Renesola (NYSE:SOL)
Latest Headlines for Renesola (NYSE:SOL)
Source:
DateHeadline
reuters.com logoBRIEF-RENESOLA GENERATES 29 MLN KW HOURS OF ELECTRICITY FROM SOLAR PROJECTS IN CHINA IN Q3
www.reuters.com - October 17 at 7:31 AM
finance.yahoo.com logoReneSola 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
finance.yahoo.com logoEarnings Review and Free Research Report: ReneSola Cash and Cash Equivalents Increased 20.6%
finance.yahoo.com - October 11 at 7:52 AM
finance.yahoo.com logoSasol Amends Plan to Issue Additional Shares to Settle Expected Outstanding Sasol Inzalo Debt
finance.yahoo.com - October 9 at 4:12 AM
finance.yahoo.com logoReneSola Ltd. :SOL-US: Earnings Analysis: Q2, 2017 By the Numbers : October 4, 2017
finance.yahoo.com - October 6 at 11:47 AM
finance.yahoo.com logoReneSola's (SOL) Q2 Loss Wider than Expected, Revenues Down
finance.yahoo.com - October 3 at 12:42 PM
nasdaq.com logo8point3 Energy Partners Declares 3% Quarterly Dividend Hike
www.nasdaq.com - September 27 at 4:26 PM
streetinsider.com logoReneSola (SOL) Plans Disposition of Manufacturing and LED Distribution Businesses and Related Liabilities
www.streetinsider.com - September 27 at 4:26 PM
marketwatch.com logoReneSola 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
finance.yahoo.com logoReneSola reports 2Q loss
finance.yahoo.com - September 27 at 4:26 PM
bizjournals.com logoReneSola Provides Business Update and Announces Second Quarter 2017 Results
www.bizjournals.com - September 27 at 4:26 PM
rttnews.com logoReneSola Slips To Loss In Q2; Provides Business Update
www.rttnews.com - September 27 at 4:26 PM
News IconBRIEF-Renesola provides business update and announces Q2 2017 results
www.businessinsider.com - September 27 at 4:26 PM
americanbankingnews.com logoRenesola Ltd. (SOL) Announces Earnings Results
www.americanbankingnews.com - September 27 at 10:40 AM
americanbankingnews.com logoRenesola Ltd. (SOL) to Release Earnings on Wednesday
www.americanbankingnews.com - September 25 at 8:28 PM
finance.yahoo.com logoSasol Announces Proposed New R21 Billion B-BBEE Ownership Structure
finance.yahoo.com - September 20 at 9:14 AM
americanbankingnews.com logoRenesola Ltd. (SOL) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - September 17 at 8:22 PM
finance.yahoo.com logoIs It Time To Buy ReneSola Ltd (SOL)?
finance.yahoo.com - September 15 at 9:13 AM
finance.yahoo.com logoReneSola Signs Agreement to Sell 24MW of Solar Project in North Carolina
finance.yahoo.com - September 5 at 8:34 AM
americanbankingnews.com logoHead to Head Survey: Trina Solar Limited (TSL) vs. Renesola (SOL)
www.americanbankingnews.com - September 3 at 12:04 PM
americanbankingnews.com logoReviewing Renesola (SOL) and Trina Solar Limited (TSL)
www.americanbankingnews.com - September 2 at 10:28 AM
reuters.com logoBRIEF-Renesola signs agreement to sell 10MW of solar projects in the UK
www.reuters.com - August 31 at 10:16 AM
finance.yahoo.com logoReneSola Signs Agreement to Sell 10MW of Solar Projects in the UK
finance.yahoo.com - August 31 at 10:16 AM
finance.yahoo.com logoReneSola Announces Results of Annual General Meeting
finance.yahoo.com - August 30 at 9:26 AM
finance.yahoo.com logoSasol's Reporting Publications for the Year Ended 30 June 2017 and Details of Annual General Meeting
finance.yahoo.com - August 29 at 8:02 AM
americanbankingnews.com logoContrasting FuelCell Energy (FCEL) & Renesola (SOL)
www.americanbankingnews.com - August 28 at 2:24 PM
benzinga.com logoReneSola Receives Notice Regarding NYSE Listing...
www.benzinga.com - August 28 at 6:38 AM
finance.yahoo.com logoReneSola Receives Notice Regarding NYSE Listing Criteria and Enters Into Term Sheet with Respect to Potential Disposition of Certain Businesses and Liabilities
finance.yahoo.com - August 27 at 6:58 AM
finance.yahoo.com logoReneSola (SOL) Secures Project Financing Worth $18 Million
finance.yahoo.com - August 24 at 1:05 PM
reuters.com logoBRIEF-Renesola secures financing for 30MW of distributed generation projects in China
www.reuters.com - August 23 at 11:49 AM
finance.yahoo.com logoReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China
finance.yahoo.com - August 23 at 11:48 AM
finance.yahoo.com logoReneSola and Nautilus Solar Announce the Acquisition of A 13.3MW Community Solar Portfolio in Minnesota
finance.yahoo.com - August 15 at 7:11 AM
americanbankingnews.com logoRenesola Ltd. (NYSE:SOL) to Release Earnings on Tuesday
www.americanbankingnews.com - August 15 at 1:50 AM
finance.yahoo.com logoReneSola Announces New Headquarters Location
finance.yahoo.com - August 8 at 7:03 AM
americanbankingnews.com logoRenesola (NYSE:SOL) & JA Solar Holdings, Co. (JASO) Critical Contrast
www.americanbankingnews.com - July 28 at 8:25 PM
finance.yahoo.com logoSasol Limited: Trading Statement for the Financial Year Ended 30 June 2017
finance.yahoo.com - July 25 at 6:53 AM
bizjournals.com logoReneSola Announces Notice of Annual General Meeting
www.bizjournals.com - July 21 at 7:15 AM
reuters.com logoBRIEF-Renesola engages financial advisor and legal counsel
www.reuters.com - July 18 at 3:48 PM
finance.yahoo.com logoReneSola Special Committee Engages Financial Advisor and Legal Counsel
finance.yahoo.com - July 18 at 8:22 AM
zacks.com logoReneSola Wins Bid to Build 42 MW Solar Projects in Poland
www.zacks.com - July 13 at 9:42 AM
streetinsider.com logoReneSola (SOL) Announces Award for 42MW Solar Projects in Poland's Electricity Auction
www.streetinsider.com - July 11 at 7:54 AM
reuters.com logoBRIEF-ReneSola awarded 42MW of solar projects in Poland's electricity auction
www.reuters.com - July 11 at 7:54 AM
finance.yahoo.com logoReneSola Awarded 42MW of Solar Projects in Poland's Electricity Auction
finance.yahoo.com - July 11 at 7:54 AM
reuters.com logoBRIEF-Renesola awarded 5MW of solar projects in Thailand
www.reuters.com - July 7 at 12:37 PM
finance.yahoo.com logoRenesola (SOL) Connects 180MW Solar Rooftop Grids in China
finance.yahoo.com - July 7 at 12:37 PM
finance.yahoo.com logoReneSola Awarded 5MW of Solar Projects in Thailand
finance.yahoo.com - July 6 at 9:46 AM
finance.yahoo.com logoReneSola Connects 180 MW of Distributed Generation Projects in China
finance.yahoo.com - July 5 at 10:51 AM
rttnews.com logoEARNINGS SUMMARY: Details of ReneSola Ltd. Q1 Earnings Report
www.rttnews.com - June 15 at 3:28 PM
reuters.com logoBRIEF-ReneSola qtrly loss per share $0.12
www.reuters.com - June 15 at 3:27 PM
seekingalpha.com logoReneSola Ltd. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - June 15 at 3:27 PM

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Chart

Renesola (SOL) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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