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 multicrystalline solar wafers 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. The Company manufactures solar-grade polysilicon, solar wafers, cells and modules.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Renewable Energy Equipment & Services - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:SOL
  • CUSIP: N/A
  • Web: www.renesola.com
Capitalization:
  • Market Cap: $52.87 million
  • Outstanding Shares: 20,053,000
Average Prices:
  • 50 Day Moving Avg: $2.49
  • 200 Day Moving Avg: $2.24
  • 52 Week Range: $2.15 - $6.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.73
  • P/E Growth: -0.07
Sales & Book Value:
  • Annual Revenue: $825.75 million
  • Price / Sales: 0.06
  • Book Value: $2.09 per share
  • Price / Book: 1.26
Profitability:
  • EBIDTA: $41.45 million
  • Net Margins: -7.71%
  • Return on Equity: -81.60%
  • Return on Assets: -5.36%
Debt:
  • Debt-to-Equity Ratio: 0.74%
  • Current Ratio: 0.56%
  • Quick Ratio: 0.40%
Misc:
  • Average Volume: 42,890 shs.
  • Beta: 2.22
  • 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?

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.

How were Renesola's earnings last quarter?

Renesola Ltd. (NYSE:SOL) posted its earnings results on Thursday, June, 15th. The company reported ($1.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($1.08) by $0.08. The company earned $156.68 million during the quarter, compared to analysts' expectations of $143.76 million. Renesola had a negative net margin of 7.71% and a negative return on equity of 81.60%. Renesola's revenue for the quarter was down 39.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.06 EPS. 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, August, 22nd 2017. View Earnings Estimates for Renesola.

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

2 analysts have issued 12-month price targets for Renesola's shares. Their forecasts range from $2.00 to $4.00. On average, they expect Renesola's share price to reach $3.00 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 number of of retail and institutional investors. Top institutional shareholders include Shah Capital Management (10.74%) and SHAH CAPITAL MANAGEMENT (9.94%). View Institutional Ownership Trends for Renesola.

Who bought Renesola stock? Who is buying Renesola stock?

Renesola's stock was bought by a variety of institutional investors in the last quarter, including Shah Capital Management. View Insider Buying and Selling 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 $2.64.


MarketBeat Community Rating for Renesola (NYSE SOL)
Community Ranking:  1.0 out of 5 ()
Outperform Votes:  48 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  237
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: 1 Sell Rating, 1 Hold Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $3.00 (13.64% upside)

Analysts' Ratings History for Renesola (NYSE:SOL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/17/2017Roth CapitalSet Price TargetSell$2.00MediumView Rating Details
3/29/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$5.00 -> $4.00MediumView Rating Details
(Data available from 7/25/2015 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
8/22/2017($0.76)N/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
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
americanbankingnews.com logoCritical Contrast: JA Solar Holdings, Co. (JASO) and Renesola (SOL)
www.americanbankingnews.com - June 29 at 6:30 PM
americanbankingnews.com logoFinancial Contrast: Renesola (SOL) and Sunrun (RUN)
www.americanbankingnews.com - June 24 at 10:46 AM
americanbankingnews.com logoRenesola Ltd. (SOL) Given a $2.00 Price Target by Roth Capital Analysts
www.americanbankingnews.com - June 19 at 12:04 AM
finance.yahoo.com logoReneSola (SOL) Q1 Loss Narrower than Expected, Revenues Down
finance.yahoo.com - June 17 at 6:16 AM
finance.yahoo.com logoEdited Transcript of SOL earnings conference call or presentation 15-Jun-17 12:30pm GMT
finance.yahoo.com - June 16 at 4:37 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
finance.yahoo.com logoReneSola Announces First Quarter 2017 Results
finance.yahoo.com - June 15 at 3:27 PM
finance.yahoo.com logoReneSola reports 1Q loss
finance.yahoo.com - June 15 at 3:27 PM
americanbankingnews.com logoRenesola Ltd. (SOL) Posts Earnings Results, Misses Expectations By $0.08 EPS
www.americanbankingnews.com - June 15 at 2:12 PM
reuters.com logoBRIEF-Renesola announces formation of special committee to consider strategic transactions
www.reuters.com - June 15 at 12:45 AM
streetinsider.com logoReneSola (SOL) Receives Preliminary Non-Binding Proposal to Acquire Manufacturing Business and LED Distribution Business
www.streetinsider.com - June 15 at 12:45 AM
baystreet.ca logoReneSola CEO Makes Pitch to Buy Mfg. Works
www.baystreet.ca - June 15 at 12:45 AM
finance.yahoo.com logoReneSola Announces Receipt of a Preliminary Non-Binding Proposal and Formation of Special Committee to Consider Strategic Transactions
finance.yahoo.com - June 15 at 12:45 AM
finance.yahoo.com logoSasol Breaks Ground on new Alkoxylation Production Facility in China
finance.yahoo.com - June 8 at 8:07 AM
finance.yahoo.com logoReneSola to Host First Quarter 2017 Results Conference Call on June 15, 2017
finance.yahoo.com - June 7 at 10:46 AM
americanbankingnews.com logoReneSola Ltd. (SOL) Rating Lowered to Strong Sell at ValuEngine
www.americanbankingnews.com - June 3 at 10:12 AM
finance.yahoo.com logoReneSola Ltd. :SOL-US: Earnings Analysis: Q4, 2016 By the Numbers : May 22, 2017
finance.yahoo.com - May 22 at 6:57 PM
americanbankingnews.com logoReneSola Ltd. (SOL) Upgraded by ValuEngine to Sell
www.americanbankingnews.com - May 16 at 3:27 PM
finance.yahoo.com logoReneSola Files 2016 Annual Report on Form 20-F
finance.yahoo.com - April 28 at 9:11 PM
americanbankingnews.com logoFavorable Press Coverage Somewhat Unlikely to Impact ReneSola (SOL) Stock Price
www.americanbankingnews.com - April 26 at 8:06 PM
americanbankingnews.com logoReneSola (SOL) Getting Critical News Coverage, Analysis Finds
www.americanbankingnews.com - April 23 at 9:05 AM
americanbankingnews.com logoFavorable Media Coverage Likely to Impact ReneSola (SOL) Share Price
www.americanbankingnews.com - April 20 at 2:03 PM
finance.yahoo.com logoReneSola Inks Deal to Sell 6.75MW of Solar Project in NC
finance.yahoo.com - April 18 at 7:09 PM
americanbankingnews.com logoReneSola (SOL) Receiving Somewhat Critical Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 6:35 PM
finance.yahoo.com logoReneSola Signs Agreement to Sell 6.75MW of Solar Project in North Carolina
finance.yahoo.com - April 17 at 8:58 AM
finance.yahoo.com logoReneSola to Attend SNEC in Shanghai on April 19-21, 2017
finance.yahoo.com - April 13 at 7:44 PM
americanbankingnews.com logoReneSola (SOL) Receiving Very Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 13 at 8:25 AM
finance.yahoo.com logoSasol Completes Majority of Rand/US Dollar Hedging Programme for its 2018 Financial Year
finance.yahoo.com - April 11 at 7:41 PM
americanbankingnews.com logoZacks: ReneSola Ltd. (SOL) Given $2.05 Consensus Target Price by Analysts
www.americanbankingnews.com - April 3 at 1:32 PM
americanbankingnews.com logoRoth Capital Weighs in on ReneSola Ltd.'s Q1 2017 Earnings (SOL)
www.americanbankingnews.com - March 31 at 10:32 AM
seekingalpha.com logoReneSola: Outlook Improving - Seeking Alpha
seekingalpha.com - March 30 at 8:13 PM
finance.yahoo.com logoReneSola Connects 10MW of Ground-mount Solar Projects to UK Grid
finance.yahoo.com - March 30 at 8:13 PM
finance.yahoo.com logoSasol Receives Best Corporate Taxpayer Award in Mozambique for Second Time
finance.yahoo.com - March 30 at 8:13 PM
americanbankingnews.com logoRoth Capital Weighs in on ReneSola Ltd.'s Q1 2018 Earnings (SOL)
www.americanbankingnews.com - March 30 at 11:07 AM
finance.yahoo.com logoReneSola (SOL) Q4 Loss Wider than Expected, Shipments Down
finance.yahoo.com - March 30 at 12:06 AM
finance.yahoo.com logoReneSola upgraded by Credit Suisse
finance.yahoo.com - March 30 at 12:06 AM

Social

Chart

Renesola (SOL) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff