NYSE:SOL Emeren Group (SOL) Stock Price, News & Analysis → Dems have chosen Biden replacement? (From Paradigm Press) (Ad) Free SOL Stock Alerts $1.71 -0.09 (-5.00%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$1.71▼$1.8250-Day Range$1.60▼$2.3752-Week Range$1.54▼$4.28Volume346,045 shsAverage Volume247,206 shsMarket Capitalization$102.98 millionP/E RatioN/ADividend YieldN/APrice Target$5.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Emeren Group alerts: Email Address Emeren Group MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside214.3% Upside$5.38 Price TargetShort InterestHealthy2.97% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.06Based on 21 Articles This WeekInsider TradingN/AProj. Earnings Growth86.21%From $0.29 to $0.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.22 out of 5 starsOils/Energy Sector100th out of 241 stocksSemiconductors & Related Devices Industry39th out of 89 stocks 3.2 Analyst's Opinion Consensus RatingEmeren Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, no hold ratings, and 2 sell ratings.Amount of Analyst CoverageEmeren Group has only been the subject of 3 research reports in the past 90 days.Read more about Emeren Group's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.97% of the outstanding shares of Emeren Group have been sold short.Short Interest Ratio / Days to CoverEmeren Group has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Emeren Group has recently decreased by 1.10%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldEmeren Group does not currently pay a dividend.Dividend GrowthEmeren Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SOL. Previous Next 1.7 News and Social Media Coverage News SentimentEmeren Group has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Emeren Group this week, compared to 3 articles on an average week.Search InterestOnly 10 people have searched for SOL on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Emeren Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Emeren Group insiders have not sold or bought any company stock.Percentage Held by Insiders18.02% of the stock of Emeren Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions44.08% of the stock of Emeren Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Emeren Group's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Emeren Group are expected to grow by 86.21% in the coming year, from $0.29 to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Emeren Group is -6.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Emeren Group is -6.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEmeren Group has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Emeren Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About Emeren Group Stock (NYSE:SOL)Emeren Group Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It owns and operates 3 gigawatt pipeline of projects and independent power producer assets. The company also develops community solar gardens; and sells project rights. In addition, it engages in 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. It operates in China, United States, UK, Spain, France, Poland, Italy, Hungary, and Internationally. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.Read More SOL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SOL Stock News HeadlinesJune 1 at 7:41 AM | fool.comIf You'd Invested $1,000 in Solana a Year Ago, Here's How Much You'd Have TodayMay 31 at 7:14 PM | insidermonkey.comIs Emeren Group Ltd (NYSE:SOL) a Buy or Sell According to Hedge Funds?May 29 at 6:00 AM | prnewswire.comEmeren to Participate at the Roth MKM 10th Annual London ConferenceMay 28, 2024 | americanbankingnews.comEmeren Group Ltd (NYSE:SOL) Receives $5.38 Average Target Price from BrokeragesMay 28, 2024 | americanbankingnews.comResearch Analysts Issue Forecasts for Emeren Group Ltd's Q2 2024 Earnings (NYSE:SOL)May 27, 2024 | msn.comNow, Caitlyn Jenner Promotes Own Crypto Coin On X — But Is It Real Or Another Hack?May 27, 2024 | americanbankingnews.comResearch Analysts Offer Predictions for Emeren Group Ltd's Q1 2025 Earnings (NYSE:SOL)May 27, 2024 | americanbankingnews.comQ3 2024 Earnings Estimate for Emeren Group Ltd Issued By Northland Capmk (NYSE:SOL)May 26, 2024 | americanbankingnews.comEmeren Group (NYSE:SOL) Rating Lowered to Under Perform at Northland SecuritiesMay 26, 2024 | americanbankingnews.comEmeren Group's (SOL) "Buy" Rating Reaffirmed at HC WainwrightMay 26, 2024 | americanbankingnews.comEmeren Group (NYSE:SOL) Upgraded at StockNews.comMay 25, 2024 | msn.comNorthland Capital Markets Downgrades Emeren Group Ltd - Depositary Receipt () (SOL)May 25, 2024 | americanbankingnews.comEmeren Group (NYSE:SOL) Updates FY 2024 Earnings GuidanceMay 25, 2024 | americanbankingnews.comNorthland Capmk Downgrades Emeren Group (NYSE:SOL) to Strong SellMay 24, 2024 | msn.comReneSola Ltd (NYSE:SOL) Q1 2024 Earnings Call TranscriptMay 23, 2024 | investorplace.comSOL Stock Earnings: Emeren Group Misses Revenue for Q1 2024May 23, 2024 | prnewswire.comEmeren Announces First Quarter 2024 Financial ResultsMay 22, 2024 | msn.comEmeren Group Q1 2024 Earnings PreviewMay 18, 2024 | fool.comThe Bitcoin Halving Is Done. 3 Cryptocurrencies to Buy Now.May 9, 2024 | benzinga.comSolana DePIN Ambient Raises Funds Ahead of Token Launch, Acquires PlanetWatchMay 9, 2024 | prnewswire.comEmeren to Release First Quarter 2024 Financial Results on May 23, 2024May 8, 2024 | fool.comThe Bitcoin Halving Is Done: 3 Cryptocurrencies to Buy NowMay 8, 2024 | msn.comIf You Invested $250K In Solana A Year Ago, You Would Have Whopping $1.65M TodayApril 23, 2024 | prnewswire.comEmeren Group and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy with 2.83 GWh CapacityApril 19, 2024 | msn.comCrypto Analyst Bullish On This Solana-Based Meme Coin Amid Market Downturn: 'This Will Prove To Be A Great Entry In Time'See More Headlines Receive SOL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Emeren Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/28/2024Today6/01/2024Next Earnings (Estimated)8/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNYSE:SOL CUSIPN/A CIK1417892 Webwww.renesolapower.com Phone(347) 577-9055Fax347-577-9985Employees197Year Founded2005Price Target and Rating Average Stock Price Target$5.38 High Stock Price Target$8.00 Low Stock Price Target$1.50 Potential Upside/Downside+214.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.26) Trailing P/E RatioN/A Forward P/E Ratio5.90 P/E GrowthN/ANet Income$-9,320,000.00 Net Margins-12.70% Pretax Margin-2.19% Return on Equity-0.88% Return on Assets-0.69% Debt Debt-to-Equity Ratio0.06 Current Ratio5.40 Quick Ratio5.40 Sales & Book Value Annual Sales$104.67 million Price / Sales0.98 Cash Flow$0.17 per share Price / Cash Flow10.36 Book Value$6.45 per share Price / Book0.27Miscellaneous Outstanding Shares60,220,000Free Float49,372,000Market Cap$102.98 million OptionableOptionable Beta1.80 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Yumin Liu (Age 61)CEO & Director Mr. Ke Chen (Age 50)Chief Financial Officer Mr. Chee Loong Cheah (Age 59)Chief Investment Officer & Executive VP of Europe Mr. Johnny PanInvestor RelationsXin WangCompliance DirectorJake SnowHuman Resources DirectorMr. Mac MooreExecutive Vice President of North AmericaMr. KaiKai ZhangExecutive Vice President of ChinaSuzanne WilsonSecretary to the BoardFei WangVice President of FinanceMore ExecutivesKey CompetitorsApplied OptoelectronicsNASDAQ:AAOINVENASDAQ:NVECSkyWater TechnologyNASDAQ:SKYTArterisNASDAQ:AIPTransphormNASDAQ:TGANView All CompetitorsInsiders & InstitutionsMonaco Asset Management SAMBought 337,650 shares on 5/9/2024Ownership: 1.943%GSA Capital Partners LLPBought 66,284 shares on 5/3/2024Ownership: 1.241%Harel Insurance Investments & Financial Services Ltd.Sold 6,015 shares on 4/30/2024Ownership: 0.068%Quadrature Capital LtdSold 33,633 shares on 3/25/2024Ownership: 0.043%Shah Capital ManagementBought 252,205 shares on 12/11/2023Total: $605,292.00 ($2.40/share)View All Insider TransactionsView All Institutional Transactions SOL Stock Analysis - Frequently Asked Questions Should I buy or sell Emeren Group stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Emeren Group in the last twelve months. There are currently 2 sell ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SOL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOL, but not buy additional shares or sell existing shares. View SOL analyst ratings or view top-rated stocks. What is Emeren Group's stock price target for 2024? 5 Wall Street analysts have issued twelve-month price targets for Emeren Group's stock. Their SOL share price targets range from $1.50 to $8.00. On average, they predict the company's share price to reach $5.38 in the next twelve months. This suggests a possible upside of 214.3% from the stock's current price. View analysts price targets for SOL or view top-rated stocks among Wall Street analysts. How have SOL shares performed in 2024? Emeren Group's stock was trading at $2.73 at the beginning of 2024. Since then, SOL stock has decreased by 37.4% and is now trading at $1.71. View the best growth stocks for 2024 here. When is Emeren Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 29th 2024. View our SOL earnings forecast. How were Emeren Group's earnings last quarter? Emeren Group Ltd (NYSE:SOL) posted its quarterly earnings results on Thursday, March, 28th. The semiconductor company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.06. The semiconductor company had revenue of $44 million for the quarter, compared to the consensus estimate of $39.22 million. Emeren Group had a negative net margin of 12.70% and a negative trailing twelve-month return on equity of 0.88%. What ETF holds Emeren Group's stock? ProShares S&P Kensho Cleantech ETF holds 17,217 shares of SOL stock, representing 0.99% of its portfolio. When did Emeren Group's stock split? Emeren Group's stock reverse split on the morning of 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 stock prior to the reverse split would have 20 shares after the split. What guidance has Emeren Group issued on next quarter's earnings? Emeren Group issued an update on its second quarter 2024 earnings guidance on Friday, May, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of 20.000-23.000, compared to the consensus revenue estimate of $33.5 million. What is Xian Shou Li's approval rating as Emeren Group's CEO? 34 employees have rated Emeren Group Chief Executive Officer Xian Shou Li on Glassdoor.com. Xian Shou Li has an approval rating of 28% among the company's employees. This puts Xian Shou Li in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Emeren Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Emeren Group investors own include Co-Diagnostics (CODX), Inovio Pharmaceuticals (INO), Nokia Oyj (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 Emeren Group's major shareholders? Emeren Group's stock is owned by many different institutional and retail investors. Top institutional investors include Monaco Asset Management SAM (1.94%), GSA Capital Partners LLP (1.24%) and Harel Insurance Investments & Financial Services Ltd. (0.07%). View institutional ownership trends. How do I buy shares of Emeren Group? Shares of SOL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Emeren Group have any subsidiaries? The following companies are subsidiares of Emeren Group: ET Cap PA Holdings LLC (“PA Holdings”) and ET Cap CA Holdings LLC (“CA Holdings”), Nova Development Management, RE PV S.à r.l., RENESOLA SPAIN S.L., ReneSola Consulting (Shanghai) Co. Ltd, ReneSola Investment Management Ltd., ReneSola New Energy S.à r.l, ReneSola Power Canada, ReneSola Power Holdings LLC., Renesola (Zhejiang) PV Power Co. Ltd., Renesola Germany GmbH, Renesola Poksla sp. z o.o., Renesola Power Italy, Renesola Power UK LTD, Renesola Szolgáltató és Kivitelező Kft., Renesolapower France, Sichuan Bobo Electric Power Engineering Ltd., and Zhejiang ReneSola Investment Ltd.Read More This page (NYSE:SOL) was last updated on 6/1/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProShocking: One AI startup's revenue could surge 4,735%Manward PressMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceNvidia has Apple and Microsoft within striking rangeWeiss RatingsDon’t buy a single NVIDIA share before you see this...Behind the MarketsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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