ReneSola Stock Forecast, Price & News

ReneSola's stock was trading at $1.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SOL shares have increased by 406.3% and is now trading at $5.62.
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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.

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ReneSola is scheduled to release its next quarterly earnings announcement on Tuesday, December 1st 2020.
View our earnings forecast for ReneSola.

ReneSola will be holding an earnings conference call on Tuesday, December 1st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ReneSola Ltd (NYSE:SOL) released its quarterly earnings data on Thursday, August, 27th. The semiconductor company reported $0.06 earnings per share for the quarter. The semiconductor company earned $26.19 million during the quarter, compared to analyst estimates 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 company posted $0.13 EPS.
View ReneSola's earnings history.

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.

1 brokers have issued twelve-month price targets for ReneSola's stock. Their forecasts range from $4.00 to $4.00. On average, they expect ReneSola's stock price to reach $4.00 in the next twelve months. This suggests that the stock has a possible downside of 28.8%.
View analysts' price targets for ReneSola.

ReneSola saw a drop in short interest in October. As of October 30th, there was short interest totaling 317,400 shares, a drop of 29.5% from the October 15th total of 450,000 shares. Based on an average daily trading volume, of 1,720,000 shares, the short-interest ratio is presently 0.2 days.
View ReneSola's Short Interest.

Some companies that are related to ReneSola include CEVA (CEVA), Photronics (PLAB), SMART Global (SGH), Ichor (ICHR), Maxeon Solar Technologies (MAXN), Alpha and Omega Semiconductor (AOSL), MagnaChip Semiconductor (MX), Ebang International (EBON), NeoPhotonics (NPTN), AXT (AXTI), DSP Group (DSPG), NVE (NVEC), Beam Global (BEEM), Beam Global (EVSI) and Applied Optoelectronics (AAOI).
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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).

ReneSola trades on the New York Stock Exchange (NYSE) under the ticker symbol "SOL."

ReneSola's stock is owned by a variety of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (0.05%). Company insiders that own ReneSola stock include Barlow Todd and Shah Capital Management.
View institutional ownership trends for ReneSola.

SOL stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC. Company insiders that have bought ReneSola stock in the last two years include Barlow Todd, and Shah Capital Management.
View insider buying and selling activity for 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.

One share of SOL stock can currently be purchased for approximately $5.62.

ReneSola has a market capitalization of $214.07 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.

The official website for ReneSola is www.renesolapower.com.

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]