NYSE:SOL - ReneSola Stock Price, Price Target & More

$2.65 +0.10 (+3.92 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$2.65
Today's Range$2.54 - $2.68
52-Week Range$2.12 - $3.79
Volume36,376 shs
Average Volume31,669 shs
Market Capitalization$97.16 million
P/E Ratio-1.54
Dividend YieldN/A
Beta2.18

About ReneSola (NYSE:SOL)

ReneSola logoReneSola Ltd, through its subsidiaries, manufactures and sells various solar power products in the People's Republic of China and internationally. The company operates through three segments: Wafer, Cell and Module, and Solar Power Projects. It provides virgin polysilicon, monocrystalline, and multicrystalline solar wafers; and photovoltaic cells. The company also offers monocrystalline and multicrystalline solar modules for use in various residential, commercial, industrial, and other solar power generation systems, as well as offers wafer processing services. In addition, it develops, builds, operates, and sells solar power projects. As of December 31, 2016, the company had a pipeline of approximately 1.3 gigawatt of solar power projects in various stages. Further, it produces and sells crucibles, steel wires, and silicon carbon powder; and trades in and invests in solar industry. The company offers its products to the manufacturers of solar wafers, cells, and modules, as well as to the distributors, installers, and end users of solar modules. ReneSola Ltd has a strategic partnership with Green City Energy AG to develop four solar parks in the south of France with a total installed capacity of 69 MW generating approximately 105 million kWh of solar power per year. The company was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SOL
CUSIPN/A
Phone86-573-8477-3321

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio-1.54
Forward P/E Ratio-1.02
P/E GrowthN/A

Sales & Book Value

Annual Sales$929.84 million
Price / Sales0.11
Cash Flow$2.5238 per share
Price / Cash1.05
Book Value$3.30 per share
Price / Book0.80

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

How to Become a New Pot Stock Millionaire

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'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 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 (NYSE:SOL) released its earnings results on Wednesday, September, 27th. The semiconductor company reported ($1.57) earnings per share for the quarter, missing the consensus estimate of ($0.76) by $0.81. The semiconductor company had revenue of $151.63 million for the quarter, compared to analyst estimates of $180.70 million. View ReneSola's Earnings History.

When is ReneSola's next earnings date?

ReneSola is scheduled to release their next quarterly earnings announcement on Thursday, June, 21st 2018. View Earnings Estimates for ReneSola.

What price target have analysts set for SOL?

1 brokerages have issued 1 year target prices for ReneSola's shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate 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:
  • Mr. Xianshou Li, Chairman & CEO (Age 49)
  • Mr. Weiguo Zhou, Interim CFO & Director (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?

News headlines about SOL stock have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ReneSola earned a daily sentiment score of 0.07 on Accern's scale. They also gave media headlines about the semiconductor company an impact score of 46.30 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 $2.65.

How big of a company is ReneSola?

ReneSola has a market capitalization of $97.16 million and generates $929.84 million in revenue each year. The semiconductor company earns $-34,690,000.00 in net income (profit) each year or ($1.72) 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 (SOL)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  110 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  372
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.

Analyst Ratings

ReneSola (NYSE:SOL) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
1 Wall Street analysts have issued ratings and price targets for ReneSola in the last 12 months. Their average twelve-month price target is $3.00, suggesting that the stock has a possible upside of 13.21%. The high price target for SOL is $3.00 and the low price target for SOL is $3.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.00
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $3.00$3.50$3.50$3.50
Price Target Upside: 13.21% upside22.38% upside22.38% upside50.21% upside

ReneSola (NYSE:SOL) Consensus Price Target History

Price Target History for ReneSola (NYSE:SOL)

ReneSola (NYSE:SOL) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/21/2017Roth CapitalSet Price TargetHold$3.00LowView Rating Details
3/29/2017Credit Suisse GroupUpgradeUnderperform -> Neutral$5.00 -> $4.00MediumView Rating Details
(Data available from 4/21/2016 forward)

Earnings

ReneSola (NYSE:SOL) Earnings History and Estimates Chart

Earnings by Quarter for ReneSola (NYSE:SOL)

ReneSola (NYSE:SOL) Earnings Estimates

2018 EPS Consensus Estimate: ($1.80)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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)

ReneSola (NYSE SOL) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2018N/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
5/11/2012Q1 2012($1.50)($2.35)ViewN/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
3/1/2011Q4 2010$3.45$3.45ViewN/AView Earnings Details
11/5/2010Q3 2010$2.50$3.50ViewN/AView Earnings Details
8/9/2010Q2 2010$2.00$2.10ViewN/AView Earnings Details
5/10/2010Q1 2010$0.55$0.70ViewN/AView Earnings Details
3/10/2010Q4 2009($0.40)($1.16)ViewN/AView Earnings Details
11/16/2009Q3 2009($0.20)($0.72)ViewN/AView Earnings Details
8/12/2009Q2 2009($0.30)($0.55)ViewN/AView Earnings Details
5/21/2009Q1 2009$0.30$0.16ViewN/AView Earnings Details
3/12/2009Q4 2008($3.20)($9.20)ViewN/AView Earnings Details
11/18/2008Q3 2008$1.85$2.30ViewN/AView Earnings Details
8/19/2008Q2 2008$1.55$1.90ViewN/AView Earnings Details
5/14/2008Q1 2008$1.20$1.40ViewN/AView Earnings Details
3/19/2008Q4 2007$1.70ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

ReneSola (NYSE:SOL) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

ReneSola (NYSE SOL) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 9.41%
Insider Trading History for ReneSola (NYSE:SOL)
Institutional Ownership by Quarter for ReneSola (NYSE:SOL)

ReneSola (NYSE SOL) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

ReneSola (NYSE SOL) News Headlines

Source:
DateHeadline
 ReneSola (SOL) Given Consensus Recommendation of "Hold" by Analysts ReneSola (SOL) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 20 at 1:22 PM
Sasol Publishes Production and Sales Metrics for the Nine Months EndedSasol Publishes Production and Sales Metrics for the Nine Months Ended
finance.yahoo.com - April 19 at 4:28 PM
ReneSola (SOL) to Release Earnings on WednesdayReneSola (SOL) to Release Earnings on Wednesday
www.americanbankingnews.com - April 18 at 5:34 AM
ReneSola to Announce Fourth Quarter and Full Year 2017 Financial Results on April 25, 2018ReneSola to Announce Fourth Quarter and Full Year 2017 Financial Results on April 25, 2018
finance.yahoo.com - April 16 at 9:37 AM
ReneSola (SOL) to Release Quarterly Earnings on MondayReneSola (SOL) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 7 at 8:16 PM
ReneSola (SOL) Upgraded to Neutral at Roth CapitalReneSola (SOL) Upgraded to Neutral at Roth Capital
www.americanbankingnews.com - April 7 at 9:11 AM
Financial Contrast: ReneSola (SOL) and Its RivalsFinancial Contrast: ReneSola (SOL) and Its Rivals
www.americanbankingnews.com - April 6 at 11:26 PM
Brokerages Anticipate ReneSola (SOL) to Announce $0.03 Earnings Per ShareBrokerages Anticipate ReneSola (SOL) to Announce $0.03 Earnings Per Share
www.americanbankingnews.com - April 3 at 9:38 AM
ReneSola (SOL) Stock Rating Upgraded by ValuEngineReneSola (SOL) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 3 at 12:00 AM
At $2.51, Is It Time To Buy ReneSola Ltd (NYSE:SOL)?At $2.51, Is It Time To Buy ReneSola Ltd (NYSE:SOL)?
finance.yahoo.com - March 26 at 10:11 AM
Blog Exposure - ReneSola Collaborates with Green City Energy to Build Solar Projects in Southern FranceBlog Exposure - ReneSola Collaborates with Green City Energy to Build Solar Projects in Southern France
finance.yahoo.com - March 22 at 9:56 AM
ReneSola (SOL), Green Energy City to Develop Solar Projects in Southern FranceReneSola (SOL), Green Energy City to Develop Solar Projects in Southern France
www.streetinsider.com - March 20 at 9:54 AM
ReneSola and Green Energy City to Develop Solar Projects in Southern FranceReneSola and Green Energy City to Develop Solar Projects in Southern France
finance.yahoo.com - March 20 at 9:54 AM
ReneSola (SOL) Scheduled to Post Quarterly Earnings on MondayReneSola (SOL) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - March 19 at 1:28 AM
Contrasting ReneSola (SOL) and Its PeersContrasting ReneSola (SOL) and Its Peers
www.americanbankingnews.com - March 18 at 3:10 PM
Solar Cable Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025Solar Cable Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
finance.yahoo.com - March 12 at 5:18 PM
Long-Term Marketing Agreement Between Sasol and HELM AGLong-Term Marketing Agreement Between Sasol and HELM AG
finance.yahoo.com - March 12 at 5:18 PM
ReneSola Announces Change in CFO Transition PlanReneSola Announces Change in CFO Transition Plan
finance.yahoo.com - March 10 at 9:54 AM
Breakeven On The Horizon For ReneSola Ltd (NYSE:SOL)Breakeven On The Horizon For ReneSola Ltd (NYSE:SOL)
finance.yahoo.com - March 1 at 4:38 PM
BRIEF-Renesola Names Cindy Chen CFOBRIEF-Renesola Names Cindy Chen CFO
www.reuters.com - February 24 at 4:32 PM
ReneSola (SOL) Reports Resignation of CFO, Appointment of New CFOReneSola (SOL) Reports Resignation of CFO, Appointment of New CFO
www.streetinsider.com - February 24 at 4:32 PM
ReneSola Announces Resignation of CFO and Appointment of New CFOReneSola Announces Resignation of CFO and Appointment of New CFO
finance.yahoo.com - February 23 at 9:36 AM
Is ReneSola Ltd’s (NYSE:SOL) Balance Sheet A Threat To Its Future?Is ReneSola Ltd’s (NYSE:SOL) Balance Sheet A Threat To Its Future?
finance.yahoo.com - February 21 at 4:31 PM
Zacks Investment Research Lowers ReneSola (SOL) to SellZacks Investment Research Lowers ReneSola (SOL) to Sell
www.americanbankingnews.com - February 20 at 4:27 PM
Sasol Chemicals Expands Alumina Production Capacity to Meet Growing Market DemandSasol Chemicals Expands Alumina Production Capacity to Meet Growing Market Demand
finance.yahoo.com - February 14 at 9:01 AM
What You Must Know About ReneSola Ltd’s (NYSE:SOL) Major InvestorsWhat You Must Know About ReneSola Ltd’s (NYSE:SOL) Major Investors
finance.yahoo.com - February 9 at 9:04 AM
Sasols R13,6 billion FT Wax Expansion Project Complete, Successfully CommissionedSasol's R13,6 billion FT Wax Expansion Project Complete, Successfully Commissioned
finance.yahoo.com - February 6 at 8:58 AM
South Africas water crisis spreads from Cape TownSouth Africa's water crisis spreads from Cape Town
finance.yahoo.com - January 31 at 4:40 PM
ReneSola (SOL) Says Impact on Growth from U.S. Tariff Should be BenignReneSola (SOL) Says Impact on Growth from U.S. Tariff Should be Benign
www.streetinsider.com - January 24 at 9:24 AM
ReneSola Comments on U.S. Solar Products Tariff RulingReneSola Comments on U.S. Solar Products Tariff Ruling
finance.yahoo.com - January 23 at 8:30 AM
Solar PV Modules, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021Solar PV Modules, Update 2017 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2021
www.prnewswire.com - January 15 at 3:49 PM
ReneSola Ltd (NYSE:SOL): What Does It Mean For Your Portfolio?ReneSola Ltd (NYSE:SOL): What Does It Mean For Your Portfolio?
finance.yahoo.com - January 3 at 10:39 AM
ReneSola Connects 90 MW of Distributed Generation Projects in ChinaReneSola Connects 90 MW of Distributed Generation Projects in China
finance.yahoo.com - January 2 at 10:57 AM
Mid-Day Market Update: Energous Surges After Receiving FCC Certification For Wireless Charging; One Horizon Group Shares DropMid-Day Market Update: Energous Surges After Receiving FCC Certification For Wireless Charging; One Horizon Group Shares Drop
feeds.benzinga.com - December 27 at 12:41 PM
ReneSola (SOL) Downgraded to "Hold" at Zacks Investment ResearchReneSola (SOL) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - December 22 at 11:36 AM
Roth Capital Analysts Give ReneSola (SOL) a $3.00 Price TargetRoth Capital Analysts Give ReneSola (SOL) a $3.00 Price Target
www.americanbankingnews.com - December 22 at 7:16 AM
AlphaDirect EnergyTech Investor, LLC Discusses ReneSola Ltd. and Its Role as a Project Developer and Independent Solar Power Producer with CEO Xianshou LiAlphaDirect EnergyTech Investor, LLC Discusses ReneSola Ltd. and Its Role as a Project Developer and Independent Solar Power Producer with CEO Xianshou Li
finance.yahoo.com - December 21 at 3:54 PM
Is ReneSola Ltd (NYSE:SOL) Keeping Up With Its Tech Peers?Is ReneSola Ltd (NYSE:SOL) Keeping Up With Its Tech Peers?
finance.yahoo.com - December 20 at 11:12 AM
Edited Transcript of SOL earnings conference call or presentation 19-Dec-17 1:30pm GMTEdited Transcript of SOL earnings conference call or presentation 19-Dec-17 1:30pm GMT
finance.yahoo.com - December 20 at 11:12 AM
ReneSola Sees Sequentially Higher Revenues In Q4 - Quick FactsReneSola Sees Sequentially Higher Revenues In Q4 - Quick Facts
www.nasdaq.com - December 19 at 11:12 AM
Form 6-K ReneSola Ltd For: Dec 19Form 6-K ReneSola Ltd For: Dec 19
www.streetinsider.com - December 19 at 11:12 AM
Zacks Industry Outlook Highlights: Yingli Green Energy and ReneSolaZacks Industry Outlook Highlights: Yingli Green Energy and ReneSola
finance.yahoo.com - December 14 at 4:14 PM
ReneSola Secures Project Financing from Sequoia Economic Infrastructure Income Fund for 55MW of Projects in PolandReneSola Secures Project Financing from Sequoia Economic Infrastructure Income Fund for 55MW of Projects in Poland
finance.yahoo.com - December 13 at 11:33 AM
Renesola (SOL) to Release Quarterly Earnings on TuesdayRenesola (SOL) to Release Quarterly Earnings on Tuesday
www.americanbankingnews.com - December 12 at 1:34 AM
Renesola (SOL) Set to Announce Earnings on MondayRenesola (SOL) Set to Announce Earnings on Monday
www.americanbankingnews.com - December 4 at 8:26 PM
Should You Buy ReneSola Ltd (SOL)?Should You Buy ReneSola Ltd (SOL)?
finance.yahoo.com - December 4 at 11:34 AM
ReneSola to Participate in the 5th Annual ROTH Industrial Growth and Cleantech 1x1 Event in New YorkReneSola to Participate in the 5th Annual ROTH Industrial Growth and Cleantech 1x1 Event in New York
finance.yahoo.com - November 30 at 11:55 AM
Renesola Ltd. (SOL) PT Set at $3.00 by Roth CapitalRenesola Ltd. (SOL) PT Set at $3.00 by Roth Capital
www.americanbankingnews.com - November 26 at 11:32 AM
Brokerages Anticipate Renesola Ltd. (SOL) to Post $0.05 Earnings Per ShareBrokerages Anticipate Renesola Ltd. (SOL) to Post $0.05 Earnings Per Share
www.americanbankingnews.com - November 20 at 11:50 AM
Renesola Ltd. (SOL) to Release Earnings on MondayRenesola Ltd. (SOL) to Release Earnings on Monday
www.americanbankingnews.com - November 20 at 1:40 AM

SEC Filings

ReneSola (NYSE:SOL) SEC Filings

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Social Media

Financials

ReneSola (NYSE:SOL) Income Statement, Balance Sheet and Cash Flow Statement

Chart

ReneSola (NYSE SOL) Stock Chart for Saturday, April, 21, 2018

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This page was last updated on 4/21/2018 by MarketBeat.com Staff

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