Summary
15.71 1.17(8.01%)07/03/2024
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 |
| 8.16 | 1.98 | -20.96 | -19.23 | -37.68 | -59.02 | -29.00 | 0.48 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 15.71 | |
| Open | 14.74 | |
| High | 15.77 | |
| Low | 14.71 | |
| Volume | 1,071,843 | |
| Change | 1.19 | |
| Change % | 8.16 | |
| Avg Volume (20 Days) | 1,228,424 | |
| Volume/Avg Volume (20 Days) Ratio | 0.87 | |
| 52 Week Range | 13.80 - 39.61 | |
| Price vs 52 Week High | -60.35% | |
| Price vs 52 Week Low | 13.80% | |
| Range | 6.55 | |
| Gap Up/Down | 0.21 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,040 | |
| 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 | |
07/01 14:12 EST - investorplace.com
The 3 Best Solar Stocks to Buy in July 2024
The top solar stocks could be in for quite a bright future as they continue to supply various power producers with the equipment to meet the growing demand for sustainable energy. Undoubtedly, the artificial intelligence (AI) revolution and the rise of electric vehicles (EVs) stand out as two notable tailwinds that could bring forth more demand for solar power.
The 3 Best Solar Stocks to Buy in July 2024
The top solar stocks could be in for quite a bright future as they continue to supply various power producers with the equipment to meet the growing demand for sustainable energy. Undoubtedly, the artificial intelligence (AI) revolution and the rise of electric vehicles (EVs) stand out as two notable tailwinds that could bring forth more demand for solar power.
07/01 01:16 EST - seekingalpha.com
Canadian Solar: High-Risk Reward Investment
Canadian Solar's Q1 performance has been positive, with better-than-expected results. We believe the company is expected to benefit from increased energy consumption requirements due to AI technology and data center growth. CSIQ remains a buy recommendation thanks to CSI Solar's equity stake and a focus on profitability over volume.
Canadian Solar: High-Risk Reward Investment
Canadian Solar's Q1 performance has been positive, with better-than-expected results. We believe the company is expected to benefit from increased energy consumption requirements due to AI technology and data center growth. CSIQ remains a buy recommendation thanks to CSI Solar's equity stake and a focus on profitability over volume.
06/28 07:13 EST - investorplace.com
The 3 Smartest Solar Stocks to Buy With $1K Right Now
Solar energy is likely to be an integral part of the energy grid in the future. However, solar stocks have not had the best performance over the past 12 months.
The 3 Smartest Solar Stocks to Buy With $1K Right Now
Solar energy is likely to be an integral part of the energy grid in the future. However, solar stocks have not had the best performance over the past 12 months.
06/28 06:02 EST - investorplace.com
3 Undervalued Renewable Energy Stocks to Buy for 100% Returns in 12 Months
Renewable energy stocks might not be among the best performers in the recent past. However, there is no doubt that the sector will continue to grow beyond the current decade.
3 Undervalued Renewable Energy Stocks to Buy for 100% Returns in 12 Months
Renewable energy stocks might not be among the best performers in the recent past. However, there is no doubt that the sector will continue to grow beyond the current decade.
06/27 07:00 EST - prnewswire.com
Recurrent Energy Closes $103 Million Tax Credit Transfer Agreement with Bank of America for North Fork Solar Project
The 160 MW North Fork Solar Project is now in operation, supplying power to the Oklahoma Municipal Power Authority GUELPH, ON , June 27, 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 that it has signed a $103 million tax credit facilitation agreement with Bank of America for its North Fork Solar Project ("North Folk Solar"). The 160 MW solar project, located southwest of Oklahoma City, is now operational.
Recurrent Energy Closes $103 Million Tax Credit Transfer Agreement with Bank of America for North Fork Solar Project
The 160 MW North Fork Solar Project is now in operation, supplying power to the Oklahoma Municipal Power Authority GUELPH, ON , June 27, 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 that it has signed a $103 million tax credit facilitation agreement with Bank of America for its North Fork Solar Project ("North Folk Solar"). The 160 MW solar project, located southwest of Oklahoma City, is now operational.
06/21 07:00 EST - prnewswire.com
Canadian Solar Inc. Announces Results of 2024 Annual Meeting of Shareholders
GUELPH, ON , June 21, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual Meeting of Shareholders on June 21, 2024. Each of the proposals submitted for shareholder approval was approved.
Canadian Solar Inc. Announces Results of 2024 Annual Meeting of Shareholders
GUELPH, ON , June 21, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), today announced that it held its Annual Meeting of Shareholders on June 21, 2024. Each of the proposals submitted for shareholder approval was approved.
06/20 07:00 EST - prnewswire.com
Canadian Solar Partners with Lifestyle Solar to Deliver Residential Solar and Energy Storage Solutions to California Homebuilders
GUELPH, ON , June 20, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into a partnership agreement with leading renewable energy supplier Lifestyle Solar Inc. ("Lifestyle Solar") to provide solar and energy storage solutions to homebuilders in California.
Canadian Solar Partners with Lifestyle Solar to Deliver Residential Solar and Energy Storage Solutions to California Homebuilders
GUELPH, ON , June 20, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into a partnership agreement with leading renewable energy supplier Lifestyle Solar Inc. ("Lifestyle Solar") to provide solar and energy storage solutions to homebuilders in California.
06/20 07:00 EST - prnewswire.com
Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona
Papago Storage, the largest energy storage project in Arizona, holds a 20-year tolling agreement with Arizona Public Service Company. GUELPH, ON , June 20, 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, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona.
Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona
Papago Storage, the largest energy storage project in Arizona, holds a 20-year tolling agreement with Arizona Public Service Company. GUELPH, ON , June 20, 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, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona.
06/18 07:00 EST - prnewswire.com
Canadian Solar to Present New EP Cube, Showcasing Advanced Safety, at Intersolar in Munich
GUELPH, ON , June 18, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present the new three-phase EP Cube and EP Cube Twin Peak at Intersolar in Munich, Germany, on June 19-21, 2024.
Canadian Solar to Present New EP Cube, Showcasing Advanced Safety, at Intersolar in Munich
GUELPH, ON , June 18, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it will present the new three-phase EP Cube and EP Cube Twin Peak at Intersolar in Munich, Germany, on June 19-21, 2024.
06/17 07:00 EST - prnewswire.com
Canadian Solar Announces Operation of First FIP Projects in Japan and PPA Signing with Toyota Tsusho
GUELPH, ON , June 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its first portfolio of Japan's feed-in premium (FIP) PV projects began commercial operation on June 1, 2024. The projects that have reached commercial operation include a 1.2 MWp project in Tsukuba City, Ibaraki Prefecture and a 1.9 MWp project in Daisen Town, Tottori Prefecture.
Canadian Solar Announces Operation of First FIP Projects in Japan and PPA Signing with Toyota Tsusho
GUELPH, ON , June 17, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that its first portfolio of Japan's feed-in premium (FIP) PV projects began commercial operation on June 1, 2024. The projects that have reached commercial operation include a 1.2 MWp project in Tsukuba City, Ibaraki Prefecture and a 1.9 MWp project in Daisen Town, Tottori Prefecture.
06/15 06:49 EST - investorplace.com
The 3 Best Solar Stocks to Buy in June 2024
Some of the best solar stocks to buy might not have performed well in the last 12 to 18 months. However, the industry will undoubtedly continue to grow at a steady pace beyond the current decade.
The 3 Best Solar Stocks to Buy in June 2024
Some of the best solar stocks to buy might not have performed well in the last 12 to 18 months. However, the industry will undoubtedly continue to grow at a steady pace beyond the current decade.
06/13 07:00 EST - prnewswire.com
D.R. Horton Offers Canadian Solar PV Panels and Residential Batteries to Power California Communities
GUELPH, ON , June 13, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R.
D.R. Horton Offers Canadian Solar PV Panels and Residential Batteries to Power California Communities
GUELPH, ON , June 13, 2024 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R.
06/10 07:00 EST - prnewswire.com
Recurrent Energy and SPIC Inaugurate 446 MWp Solar Complex in Brazil
GUELPH, ON , June 10, 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 inauguration of the 446 MWp / 360 MWac Marangatu Solar Complex in Brasileira, Brazil. SPIC owns 70% of the project, while Recurrent Energy owns the remaining 30%.
Recurrent Energy and SPIC Inaugurate 446 MWp Solar Complex in Brazil
GUELPH, ON , June 10, 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 inauguration of the 446 MWp / 360 MWac Marangatu Solar Complex in Brasileira, Brazil. SPIC owns 70% of the project, while Recurrent Energy owns the remaining 30%.
06/07 05:45 EST - fool.com
2 Top Stocks to Buy on the Dip Before They Skyrocket
A high-growth fintech superstar and a deeply discounted global solar giant.
2 Top Stocks to Buy on the Dip Before They Skyrocket
A high-growth fintech superstar and a deeply discounted global solar giant.
06/06 12:50 EST - investorplace.com
The 2027 Millionaire's Club: 3 Solar Stocks to Buy Now
The solar energy market is growing rapidly due to a variety of factors. These include improved solar cell efficiency, continued research into the betterment of solar panels and decreasing costs of panel installation.
The 2027 Millionaire's Club: 3 Solar Stocks to Buy Now
The solar energy market is growing rapidly due to a variety of factors. These include improved solar cell efficiency, continued research into the betterment of solar panels and decreasing costs of panel installation.
06/03 07:00 EST - prnewswire.com
Recurrent Energy Announces Initial Closing of Investment from BlackRock
NEW YORK and GUELPH, ON , June 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 initial closing and funding of an investment in Recurrent Energy's platform by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The initial closing of the transaction, first announced in January 2024, was contingent on requisite regulatory approvals and other conditions, which have now been met.
Recurrent Energy Announces Initial Closing of Investment from BlackRock
NEW YORK and GUELPH, ON , June 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 initial closing and funding of an investment in Recurrent Energy's platform by BlackRock through a fund managed by its Climate Infrastructure business ("BlackRock"). The initial closing of the transaction, first announced in January 2024, was contingent on requisite regulatory approvals and other conditions, which have now been met.
05/31 07:00 EST - prnewswire.com
Canadian Solar Releases 2023 Corporate Sustainability Report
GUELPH, ON , May 31, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced the release of its 2023 Sustainability Report. This report showcases the Company's ongoing progress and achievements in its environmental, social, and governance (ESG) initiatives.
Canadian Solar Releases 2023 Corporate Sustainability Report
GUELPH, ON , May 31, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced the release of its 2023 Sustainability Report. This report showcases the Company's ongoing progress and achievements in its environmental, social, and governance (ESG) initiatives.
05/23 07:40 EST - reuters.com
Canadian Solar unit secures up to $1.4 bln financing for European renewable energy business
Recurrent Energy, a unit of solar technology firm Canadian Solar , said on Thursday it has secured multi-currency revolving credit facility of up to 1.3 billion euros ($1.41 billion) with 10 banks.
Canadian Solar unit secures up to $1.4 bln financing for European renewable energy business
Recurrent Energy, a unit of solar technology firm Canadian Solar , said on Thursday it has secured multi-currency revolving credit facility of up to 1.3 billion euros ($1.41 billion) with 10 banks.
05/23 07:00 EST - prnewswire.com
Recurrent Energy Secures Landmark Green, Multi-currency Financing for up to €1.3 Billion to Accelerate European Renewable Energy Portfolio
The revolving credit facility will provide flexible financing for the construction of solar and battery energy storage projects across Spain, Italy, the United Kingdom, the Netherlands, France, and Germany GUELPH, ON , May 23, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, today announced that it has secured a landmark multi-currency revolving credit facility valued at up to €1.3 billion with ten banks for the construction of renewable energy projects in several European countries. Recurrent Energy and the participating financial institutions signed the agreement in Seville, Spain.
Recurrent Energy Secures Landmark Green, Multi-currency Financing for up to €1.3 Billion to Accelerate European Renewable Energy Portfolio
The revolving credit facility will provide flexible financing for the construction of solar and battery energy storage projects across Spain, Italy, the United Kingdom, the Netherlands, France, and Germany GUELPH, ON , May 23, 2024 /PRNewswire/ -- Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer and owner of solar and energy storage assets, today announced that it has secured a landmark multi-currency revolving credit facility valued at up to €1.3 billion with ten banks for the construction of renewable energy projects in several European countries. Recurrent Energy and the participating financial institutions signed the agreement in Seville, Spain.
05/22 12:42 EST - marketwatch.com
Solar stocks are rallying, with boosts from Tesla and China
Solar stocks jumped on Wednesday, with SunPower Corp. shares leading the way after the solar-power company unveiled a deal with Tesla, Inc. for stationary batteries.
Solar stocks are rallying, with boosts from Tesla and China
Solar stocks jumped on Wednesday, with SunPower Corp. shares leading the way after the solar-power company unveiled a deal with Tesla, Inc. for stationary batteries.