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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SOL
CUSIPN/A
Phone86-573-8477-3321
Debt
Debt-to-Equity Ratio0.36
Current Ratio1.17
Quick Ratio1.17
Price-To-Earnings
Trailing P/E Ratio19.23
Forward P/E Ratio9.54
P/E GrowthN/A
Sales & Book Value
Annual Sales$102.97 million
Price / Sales0.92
Cash Flow$0.2046 per share
Price / Cash12.12
Book Value$2.37 per share
Price / Book1.05
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees4,914
Outstanding Shares38,100,000
Market Cap$92.97
ReneSola (NYSE:SOL) Frequently Asked Questions
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?
ReneSola shares 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 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.
How were ReneSola's earnings last quarter?
ReneSola Ltd. (NYSE:SOL) released its earnings results on Wednesday, June, 20th. The semiconductor company reported $0.14 EPS for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.13. The semiconductor company had revenue of $44.76 million for the quarter, compared to analyst estimates of $29.80 million. View ReneSola's Earnings History.
When is ReneSola's next earnings date?
What price target have analysts set for SOL?
1 analysts have issued 12 month price targets for ReneSola's stock. Their forecasts range from $2.00 to $2.00. On average, they anticipate ReneSola's share price to reach $2.00 in the next year. This suggests that the stock has a possible downside of 19.4%. View Analyst Ratings for ReneSola.
What is the consensus analysts' recommendation for 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."
Who are some of ReneSola's key competitors?
Some companies that are related to ReneSola include JA Solar (JASO), Alpha and Omega Semiconductor (AOSL), AXT (AXTI), DSP Group (DSPG), NeoPhotonics (NPTN), Sigma Designs (SIGM), Kopin (KOPN), Everspin Technologies (MRAM), Sequans Communications (SQNS), GSI Technology (GSIT), EMCORE (EMKR), Adesto Technologies (IOTS), Resonant (RESN), Pixelworks (PXLW) and QuickLogic (QUIK).
Who are ReneSola's key executives?
ReneSola's management team includes the folowing people:
- Mr. Xianshou Li, Chairman & CEO (Age 49)
- Mr. Xiaoliang Liang, Chief Financial Officer (Age 45)
- Ms. Xiahe Lian, VP of Admin. & Human Resource (Age 47)
- Mr. Doran Hole, VP of Strategy & CEO of North America
- Ms. Shelley Xu, VP of Asia Region (Age 32)
Has ReneSola been receiving favorable news coverage?
Media stories about SOL stock have trended positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ReneSola earned a news sentiment score of 0.27 on Accern's scale. They also assigned media headlines about the semiconductor company an impact score of 47.02 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
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, Scottrade, Fidelity and Charles Schwab.
What is ReneSola's stock price today?
One share of SOL stock can currently be purchased for approximately $2.48.
How big of a company is ReneSola?
ReneSola has a market capitalization of $92.97 million and generates $102.97 million in revenue each year. The semiconductor company earns $34.45 million in net income (profit) each year or $0.13 on an earnings per share basis. ReneSola employs 4,914 workers across the globe.
How can I contact ReneSola?
ReneSola's mailing address is NO. 8 BAOQUN ROAD YAOZHUANG, JIASHAN F4, 314117. The semiconductor company can be reached via phone at 86-573-8477-3321 or via email at [email protected]
MarketBeat Community Rating for ReneSola (NYSE SOL)
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.
