Log in
NYSE:SOL

ReneSola Stock Forecast, Price & News

$3.07
-0.09 (-2.85 %)
(As of 10/30/2020 12:00 AM ET)
Add
Compare
Today's Range
$3.00
Now: $3.07▼
$3.17
50-Day Range
$1.54
MA: $2.80▼
$4.18
52-Week Range
$0.85
Now: $3.07▼
$4.39
Volume580,590 shs
Average Volume538,732 shs
Market Capitalization$116.94 million
P/E RatioN/A
Dividend YieldN/A
Beta1.57
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 February 28, 2019, it operated approximately 100 solar power projects with an aggregate capacity of 232 MW. ReneSola Ltd. has operations in the United States and Europe. The company was founded in 2005 and is headquartered in Stamford, Connecticut.
Read More
ReneSola logo

Beat the Market (BTM) Rank™

Analyst Opinion: 3.5Community Rank: 1.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.45 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
Phone347-577-9055
Employees159

Debt

Debt-to-Equity Ratio0.33
Current Ratio0.90
Quick Ratio0.90

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio43.86
P/E GrowthN/A

Sales & Book Value

Annual Sales$119.12 million
Price / Sales0.98
Cash Flow$0.45 per share
Price / Cash Flow6.76
Book Value$3.61 per share
Price / Book0.85

Profitability

EPS (Most Recent Fiscal Year)$0.35
Net Income$-8,830,000.00
Net Margins-7.07%
Return on Equity9.44%
Return on Assets4.11%

Miscellaneous

Outstanding Shares38,090,000
Market Cap$116.94 million
Next Earnings Date11/23/2020 (Estimated)
OptionableOptionable
$3.07
-0.09 (-2.85 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











ReneSola (NYSE:SOL) Frequently Asked Questions

How has ReneSola's stock been impacted by Coronavirus?

ReneSola's stock was trading at $1.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SOL stock has increased by 176.6% and is now trading at $3.07.
View which stocks have been most impacted by COVID-19.

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 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for ReneSola.

When is ReneSola's next earnings date?

ReneSola is scheduled to release its next quarterly earnings announcement on Monday, November 23rd 2020.
View our earnings forecast for ReneSola.

How were ReneSola's earnings last quarter?

ReneSola Ltd (NYSE:SOL) posted its quarterly earnings results on Thursday, August, 27th. The semiconductor company reported $0.06 earnings per share for the quarter. The semiconductor company had revenue of $26.19 million for the quarter, compared to analysts' expectations of $22.40 million. ReneSola had a positive return on equity of 9.44% and a negative net margin of 7.07%. During the same quarter last year, the firm earned $0.13 EPS.
View ReneSola's earnings history.

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

ReneSola's stock reverse split 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.

What price target have analysts set for SOL?

1 analysts have issued 12 month price objectives for ReneSola's stock. Their forecasts range from $4.00 to $4.00. On average, they anticipate ReneSola's stock price to reach $4.00 in the next year. This suggests a possible upside of 30.3% from the stock's current price.
View analysts' price targets for ReneSola.

Are investors shorting ReneSola?

ReneSola saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 450,000 shares, an increase of 64.1% from the September 30th total of 274,300 shares. Based on an average daily trading volume, of 1,550,000 shares, the short-interest ratio is presently 0.3 days.
View ReneSola's Short Interest.

Who are some of ReneSola's key competitors?

Some companies that are related to ReneSola include Alpha and Omega Semiconductor (AOSL), Canaan (CAN), NeoPhotonics (NPTN), DSP Group (DSPG), AXT (AXTI), NVE (NVEC), Applied Optoelectronics (AAOI), Transphorm (TGAN), O2Micro International (OIIM), Atomera (ATOM), GSI Technology (GSIT), Everspin Technologies (MRAM), Netlist (NLST), Resonant (RESN) and POET Technologies (POETF).
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 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).

Who are ReneSola's key executives?

ReneSola's management team includes the following people:
  • Mr. Yumin Liu, Chief Exec. Officer (Age 57)
  • Mr. John Ewen, Chief Exec. Officer of North America (Age 50)
  • Mr. Kevin Chen, CFO & Director (Age 46)
  • Ms. Crystal Li, VP of Investment & Director (Age 26)
  • Mr. Johnny Pan, Investor Relations

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 $3.07.

How big of a company is ReneSola?

ReneSola has a market capitalization of $116.94 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 159 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 10/31/2020 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.