Summary
15.84 0.81(5.39%)10/04/2024
Canadian Solar Inc (CSIQ)
Canadian Solar Inc (CSIQ)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 5.25 | -2.13 | 26.87 | 3.19 | -14.54 | -27.61 | -15.20 | 1.34 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 15.84 | |
| Open | 15.51 | |
| High | 16.10 | |
| Low | 15.26 | |
| Volume | 1,175,235 | |
| Change | 0.79 | |
| Change % | 5.25 | |
| Avg Volume (20 Days) | 1,133,991 | |
| Volume/Avg Volume (20 Days) Ratio | 1.04 | |
| 52 Week Range | 11.41 - 26.85 | |
| Price vs 52 Week High | -41.01% | |
| Price vs 52 Week Low | 38.83% | |
| Range | 2.13 | |
| Gap Up/Down | -0.06 | |
Fundamentals | ||
| Market Capitalization (Mln) | 986 | |
| EBIDTA | 777,438,976 | |
| PE Ratio | 4.0568 | |
| PEG Ratio | 0.1937 | |
| WallStreet Target Price | 29.52 | |
| Book Value | 38.6830 | |
| Earnings Per Share | 3.8700 | |
| EPS Estimate Current Quarter | -0.0100 | |
| EPS Estimate Next Quarter | 0.7600 | |
| EPS Estimate Current Year | 3.5300 | |
| EPS Estimate Next Year | 5.0700 | |
| Diluted EPS (TTM) | 3.8700 | |
| Revenues | ||
| Profit Marging | 0.0360 | |
| Operating Marging (TTM) | 0.0104 | |
| Return on asset (TTM) | 0.0281 | |
| Return on equity (TTM) | 0.1210 | |
| Revenue TTM | 7,613,625,856 | |
| Revenue per share TTM | 116.4610 | |
| Quarterly Revenue Growth (YOY) | -0.1370 | |
| Quarterly Earnings Growth (YOY) | -0.7140 | |
| Gross Profit (TTM) | 1,264,810,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 4.0568 | |
| Forward PE | 4.8426 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.4080 | |
| Revenue Enterprise Value | 0.4607 | |
| EBITDA Enterprise Value | 5.7041 | |
| Shares | ||
| Shares Outstanding | 66,163,400 | |
| Shares Float | 43,329,071 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.13 | |
| Insider (%) | 28.13 | |
| Institutions (%) | 57.04 | |
10/05 10:15 EST - fool.com
2 Top Stocks We Just Bought: Here's Why (and Why You Might Want to, Too)
Deep value, a mini-turnaround, and attractive prices.
2 Top Stocks We Just Bought: Here's Why (and Why You Might Want to, Too)
Deep value, a mini-turnaround, and attractive prices.
10/03 11:15 EST - zacks.com
Canadian Solar's Arm Wins Deal to Supply 98MW/312MWh DC BESS in Chile
CSIQ's subsidiary, CSI Solar, through its e-STORAGE division, secures a contract to supply a 98 MW/312 MWh DC BESS to the Huatacondo project in Chile.
Canadian Solar's Arm Wins Deal to Supply 98MW/312MWh DC BESS in Chile
CSIQ's subsidiary, CSI Solar, through its e-STORAGE division, secures a contract to supply a 98 MW/312 MWh DC BESS to the Huatacondo project in Chile.
10/03 07:00 EST - prnewswire.com
Recurrent Energy Announces Closing of $500 Million Investment from BlackRock
NEW YORK and GUELPH, Ontario , Oct. 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the final closing of a $500 million investment in Recurrent Energy by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The transaction, announced in January 2024, has been completed following the receipt of the second and final payment.
Recurrent Energy Announces Closing of $500 Million Investment from BlackRock
NEW YORK and GUELPH, Ontario , Oct. 3, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, announced today the final closing of a $500 million investment in Recurrent Energy by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The transaction, announced in January 2024, has been completed following the receipt of the second and final payment.
10/01 09:20 EST - youtube.com
Canadian Solar's ($CSIQ) e-STORAGE to Deliver 312 MWh Battery Energy Storage System
Canadian Solar (NASDAQ: CSIQ) subsidiary, e-STORAGE, has secured an EPC contract to supply a 98 MW/312 MWh Battery Energy Storage System (BESS) project in Chile, with construction set to begin in 2025. e-STORAGE will integrate its SolBank 3.0 solution, managing all civil, mechanical, and electrical infrastructure.
Canadian Solar's ($CSIQ) e-STORAGE to Deliver 312 MWh Battery Energy Storage System
Canadian Solar (NASDAQ: CSIQ) subsidiary, e-STORAGE, has secured an EPC contract to supply a 98 MW/312 MWh Battery Energy Storage System (BESS) project in Chile, with construction set to begin in 2025. e-STORAGE will integrate its SolBank 3.0 solution, managing all civil, mechanical, and electrical infrastructure.
10/01 07:00 EST - prnewswire.com
Canadian Solar's e-STORAGE to Deliver Energy Storage Solutions to the Huatacondo Project in Chile
GUELPH, ON , Oct. 1, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE , which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar) has secured a turnkey EPC contract to supply a 98 MW/312 MWh DC Battery Energy Storage System (BESS) to the Huatacondo project in Chile.
Canadian Solar's e-STORAGE to Deliver Energy Storage Solutions to the Huatacondo Project in Chile
GUELPH, ON , Oct. 1, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE , which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar) has secured a turnkey EPC contract to supply a 98 MW/312 MWh DC Battery Energy Storage System (BESS) to the Huatacondo project in Chile.
09/10 10:41 EST - seekingalpha.com
Canadian Solar: Slight Growth Cannot Remove Concerns Over Operations In China
Canadian Solar stock is rated as a hold due to oversupply in China and export policy hurdles despite its solid fundamentals and expansion plans. The company manufactures solar panels and energy storage solutions, with significant production in China and growing market share globally. Subsidies and proximity to raw materials in China reduce production costs, but regulatory challenges and labor concerns impact its market.
Canadian Solar: Slight Growth Cannot Remove Concerns Over Operations In China
Canadian Solar stock is rated as a hold due to oversupply in China and export policy hurdles despite its solid fundamentals and expansion plans. The company manufactures solar panels and energy storage solutions, with significant production in China and growing market share globally. Subsidies and proximity to raw materials in China reduce production costs, but regulatory challenges and labor concerns impact its market.
09/07 09:22 EST - fool.com
Bargain Hunting: 2 Top Stocks to Buy Before 2025
There are some cheap stocks in the market, and here are two in particular that could be worth a closer look.
Bargain Hunting: 2 Top Stocks to Buy Before 2025
There are some cheap stocks in the market, and here are two in particular that could be worth a closer look.
09/06 07:16 EST - seekingalpha.com
Canadian Solar: Recovery Won't Be Quick But Could Be Significant
Canadian Solar is highly cyclical, facing fierce competition and commoditization, leading to volatile stock performance despite industry growth. Recent performance has been poor with lowered guidance and a challenging macro environment. The solar panel market struggles with high interest rates, impacting demand; recovery is expected but not immediate, presenting a high-risk, high-reward scenario.
Canadian Solar: Recovery Won't Be Quick But Could Be Significant
Canadian Solar is highly cyclical, facing fierce competition and commoditization, leading to volatile stock performance despite industry growth. Recent performance has been poor with lowered guidance and a challenging macro environment. The solar panel market struggles with high interest rates, impacting demand; recovery is expected but not immediate, presenting a high-risk, high-reward scenario.
09/03 07:00 EST - prnewswire.com
Canadian Solar and SOLARCYCLE Ink Landmark Cradle-to-Cradle U.S. Recycling Partnership
GUELPH, ON , Sept. 3, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced that it has entered into a partnership agreement with SOLARCYCLE, America's most advanced solar recycling company.
Canadian Solar and SOLARCYCLE Ink Landmark Cradle-to-Cradle U.S. Recycling Partnership
GUELPH, ON , Sept. 3, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced that it has entered into a partnership agreement with SOLARCYCLE, America's most advanced solar recycling company.
08/29 02:00 EST - globenewswire.com
Galantas Report Financial Results for the Quarter Ended June 30, 2024
TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") is pleased to announce its unaudited financial results for the Quarter ended June 30, 2024. Financial Highlights Highlights of the second quarter 2024 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars (CDN$) Quarter EndedJune 30 2024 2023 Revenue $ 0 $ 0 Cost and expenses of operations $ (30,318 ) $ (72,881 ) Loss before the undernoted $ (30,318 ) $ (72,881 ) Depreciation $ (107,281 ) $ (128,989 ) General administrative expenses $ (1,507,639 ) $ (1,187,896 ) Foreign exchange gain (loss) $ (31,399 ) $ 34,250 Unrealized gain on derivative fair value adjustment $ 85,018 $ 0 Net (Loss) for the quarter $ (1,591,619 ) $ (1,355,516 ) Working Capital Deficit $ (12,593,186 ) $ (12,059,946 ) Cash loss from operating activities before changes in non-cash working capital $ (961,910 ) $ (793,674 ) Cash at June 30, 2024 $ 395,514 $ 586,464 Sales revenue for the quarter ended June 30, 2024 amounted to $ Nil compared to revenue of $ Nil for the quarter ended June 30, 2023.
Galantas Report Financial Results for the Quarter Ended June 30, 2024
TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") is pleased to announce its unaudited financial results for the Quarter ended June 30, 2024. Financial Highlights Highlights of the second quarter 2024 results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars (CDN$) Quarter EndedJune 30 2024 2023 Revenue $ 0 $ 0 Cost and expenses of operations $ (30,318 ) $ (72,881 ) Loss before the undernoted $ (30,318 ) $ (72,881 ) Depreciation $ (107,281 ) $ (128,989 ) General administrative expenses $ (1,507,639 ) $ (1,187,896 ) Foreign exchange gain (loss) $ (31,399 ) $ 34,250 Unrealized gain on derivative fair value adjustment $ 85,018 $ 0 Net (Loss) for the quarter $ (1,591,619 ) $ (1,355,516 ) Working Capital Deficit $ (12,593,186 ) $ (12,059,946 ) Cash loss from operating activities before changes in non-cash working capital $ (961,910 ) $ (793,674 ) Cash at June 30, 2024 $ 395,514 $ 586,464 Sales revenue for the quarter ended June 30, 2024 amounted to $ Nil compared to revenue of $ Nil for the quarter ended June 30, 2023.
08/23 10:05 EST - zacks.com
Canadian Solar (CSIQ) Q2 Earnings Beat, Revenues Fall Y/Y
Canadian Solar's (CSIQ) Q2 earnings top estimates. Its revenues decrease 30.8% year over year due to a decline in module ASPs.
Canadian Solar (CSIQ) Q2 Earnings Beat, Revenues Fall Y/Y
Canadian Solar's (CSIQ) Q2 earnings top estimates. Its revenues decrease 30.8% year over year due to a decline in module ASPs.
08/23 06:31 EST - fool.com
Why Canadian Solar Stock Was Sliding This Week
The alternative energy specialist did not have a good second quarter. Both revenue and net income were down on a year-over-year basis, with the latter falling sharply.
Why Canadian Solar Stock Was Sliding This Week
The alternative energy specialist did not have a good second quarter. Both revenue and net income were down on a year-over-year basis, with the latter falling sharply.
08/22 11:00 EST - seekingalpha.com
Canadian Solar Inc. (CSIQ) Q2 2024 Earnings Call Transcript
Canadian Solar Inc. (NASDAQ:CSIQ ) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Wina Huang - Head of Investor Relations Shawn Qu - Chairman and Chief Executive Officer Yan Zhuang - President, Canadian Solar subsidiary CSI Solar Ismael Guerrero - Corporate Vice President and President of Canadian Solar subsidiary Recurrent Energy Xinbo Zhu - Senior Vice President and Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Philip Shen - Roth Capital Partners Praneeth Satish - Wells Fargo Vikram Bagri - Citi Operator Ladies and gentlemen, thank you for standing by. Welcome to Canadian Solar's Second Quarter 2024 Earnings Conference Call.
Canadian Solar Inc. (CSIQ) Q2 2024 Earnings Call Transcript
Canadian Solar Inc. (NASDAQ:CSIQ ) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Wina Huang - Head of Investor Relations Shawn Qu - Chairman and Chief Executive Officer Yan Zhuang - President, Canadian Solar subsidiary CSI Solar Ismael Guerrero - Corporate Vice President and President of Canadian Solar subsidiary Recurrent Energy Xinbo Zhu - Senior Vice President and Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Philip Shen - Roth Capital Partners Praneeth Satish - Wells Fargo Vikram Bagri - Citi Operator Ladies and gentlemen, thank you for standing by. Welcome to Canadian Solar's Second Quarter 2024 Earnings Conference Call.
08/22 09:46 EST - zacks.com
5 Low Price-to-Book Stocks Worth Adding to Your Portfolio
The P/B ratio helps to identify low-priced stocks with high growth prospects. GM, ITRI, CSIQ, ENS and GBX are some such stocks.
5 Low Price-to-Book Stocks Worth Adding to Your Portfolio
The P/B ratio helps to identify low-priced stocks with high growth prospects. GM, ITRI, CSIQ, ENS and GBX are some such stocks.
08/22 08:25 EST - zacks.com
Canadian Solar (CSIQ) Q2 Earnings Surpass Estimates
Canadian Solar (CSIQ) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $2.39 per share a year ago.
Canadian Solar (CSIQ) Q2 Earnings Surpass Estimates
Canadian Solar (CSIQ) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $2.39 per share a year ago.
08/22 06:00 EST - prnewswire.com
Canadian Solar Reports Second Quarter 2024 Results
GUELPH, ON , Aug. 22, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2024. Highlights Solar module shipments of 8.2 GW, above guidance of 7.5 GW to 8.0 GW.
Canadian Solar Reports Second Quarter 2024 Results
GUELPH, ON , Aug. 22, 2024 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the second quarter ended June 30, 2024. Highlights Solar module shipments of 8.2 GW, above guidance of 7.5 GW to 8.0 GW.
08/19 12:46 EST - zacks.com
CSIQ or ENPH: Which Is the Better Value Stock Right Now?
Investors interested in Solar stocks are likely familiar with Canadian Solar (CSIQ) and Enphase Energy (ENPH). But which of these two companies is the best option for those looking for undervalued stocks?
CSIQ or ENPH: Which Is the Better Value Stock Right Now?
Investors interested in Solar stocks are likely familiar with Canadian Solar (CSIQ) and Enphase Energy (ENPH). But which of these two companies is the best option for those looking for undervalued stocks?
08/19 07:00 EST - prnewswire.com
Canadian Solar Inc. Announces US$200 Million Private Placement of Secured Convertible Notes with PAG
GUELPH, ON , Aug. 19, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (Nasdaq: CSIQ) today announced that it has entered into a definitive agreement with PAG, a leading investment firm in Asia Pacific, pursuant to which PAG will subscribe for US$200 million in aggregate principal amount of convertible notes (the "Notes") to be issued by the Company. The transaction is expected to close in the fourth quarter of 2024, subject to closing conditions.
Canadian Solar Inc. Announces US$200 Million Private Placement of Secured Convertible Notes with PAG
GUELPH, ON , Aug. 19, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (Nasdaq: CSIQ) today announced that it has entered into a definitive agreement with PAG, a leading investment firm in Asia Pacific, pursuant to which PAG will subscribe for US$200 million in aggregate principal amount of convertible notes (the "Notes") to be issued by the Company. The transaction is expected to close in the fourth quarter of 2024, subject to closing conditions.
08/09 09:39 EST - investorplace.com
The 3 Best Energy Stocks to Buy in August 2024
From traditional energy sources like natural gas and oil to newer alternatives like hydrogen and solar, the energy sector has evolved massively over the years. Yet, there is something unchanged — energy is still at the core of our daily lives.
The 3 Best Energy Stocks to Buy in August 2024
From traditional energy sources like natural gas and oil to newer alternatives like hydrogen and solar, the energy sector has evolved massively over the years. Yet, there is something unchanged — energy is still at the core of our daily lives.
08/08 06:00 EST - investorplace.com
7 Green Energy Stocks That May Benefit From Sustainability Trends
The global renewable energy market is expected to blossom with the help of supportive policies and technological advancements. This creates an attractive backdrop for green energy stocks.
7 Green Energy Stocks That May Benefit From Sustainability Trends
The global renewable energy market is expected to blossom with the help of supportive policies and technological advancements. This creates an attractive backdrop for green energy stocks.