NYSE:SOLReneSola Stock Price, Forecast & News

ReneSola's stock was trading at $1.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SOL stock has increased by 10.8% and is now trading at $1.23. View which stocks have been most impacted by Coronavirus.

ReneSola is scheduled to release its next quarterly earnings announcement on Monday, September 21st 2020. View our earnings forecast for ReneSola.

ReneSola Ltd. (NYSE:SOL) issued its quarterly earnings data on Friday, May, 29th. The semiconductor company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by $0.01. The semiconductor company earned $21.16 million during the quarter, compared to analyst estimates of $32 million. ReneSola had a negative net margin of 6.17% and a positive return on equity of 10.69%. During the same period in the previous year, the company posted ($0.14) earnings per share. View ReneSola's earnings history.

ReneSola's stock 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 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.

Press coverage about SOL stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ReneSola earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave media stories about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about ReneSola.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other ReneSola investors own include Nokia Oyj (NOK), SunPower (SPWR), Titan Pharmaceuticals (TTNP), FuelCell Energy (FCEL), Onconova Therapeutics (ONTX), Canadian Solar (CSIQ), First Solar (FSLR), Yelp (YELP), Co-Diagnostics (CODX) and Ibio (IBIO).

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

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 $1.23.

ReneSola has a market capitalization of $46.85 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 222 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]