NYSE:SOL - ReneSola Stock Price, Forecast & News

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

ReneSola shares 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.

ReneSola Ltd. (NYSE:SOL) posted its earnings results on Monday, November, 25th. The semiconductor company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The semiconductor company earned $65.96 million during the quarter. ReneSola had a negative net margin of 2.42% and a positive return on equity of 1.70%. During the same period in the previous year, the company earned $0.04 EPS. View ReneSola's Earnings History.

ReneSola is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for ReneSola.

ReneSola issued an update on its FY 2019 Pre-Market earnings guidance on Thursday, January, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $115-120 million, compared to the consensus revenue estimate of $137.3 million.

2 brokers have issued 1-year price objectives for ReneSola's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate ReneSola's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 1,494.2% from the stock's current price. View Analyst Price Targets for ReneSola.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ReneSola in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ReneSola.

News headlines about SOL stock have trended neutral on Tuesday, according to InfoTrie. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ReneSola earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for ReneSola.

ReneSola saw a decline in short interest in December. As of December 13th, there was short interest totalling 65,600 shares, a decline of 37.2% from the November 28th total of 104,400 shares. Based on an average daily trading volume, of 66,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the company's shares are sold short. View ReneSola's Current Options Chain.

Some companies that are related to ReneSola include AXT (AXTI), GSI Technology (GSIT), Pixelworks (PXLW), Sequans Communications (SQNS), Resonant (RESN), EMCORE (EMKR), Everspin Technologies (MRAM), POET Technologies (POETF), Atomera (ATOM), QuickLogic (QUIK), Intermolecular (IMI), Netlist (NLST), Kopin (KOPN), O2Micro International (OIIM) and Envision Solar International (EVSI).

Based on aggregate information from My MarketBeat watchlists, some companies that other ReneSola investors own include SunPower (SPWR), FuelCell Energy (FCEL), Nokia Oyj (NOK), Canadian Solar (CSIQ), First Solar (FSLR), Yelp (YELP), Onconova Therapeutics (ONTX), Sierra Oncology (SRRA), Titan Pharmaceuticals (TTNP) and Yingli Green Energy (YGE).

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 $1.38.

ReneSola has a market capitalization of $52.56 million and generates $80.50 million in revenue each year. The semiconductor company earns $1.76 million in net income (profit) each year or $0.01 on an earnings per share basis. ReneSola employs 222 workers across the globe.View Additional Information About ReneSola.

The official website for ReneSola is http://www.renesolapower.com/.

ReneSola's mailing address is 7/F BLOCK B FUTURE LAND HOLDINGS TOWER NO. 5 LANE 388 ZHONGJIANG ROAD PUTUO DISTRICT, SHANGHAI F4, 200062. The semiconductor company can be reached via phone at 86-21-6280-9180 or via email at [email protected]