CSIQ - Canadian Solar Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
17.51
-0.92 (-4.99%)
At close: 4:00PM EDT
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Previous Close18.43
Open18.01
Bid17.50 x 1400
Ask17.78 x 3100
Day's Range17.50 - 18.22
52 Week Range11.37 - 25.89
Volume1,106,143
Avg. Volume949,819
Market Cap1.038B
Beta (3Y Monthly)1.76
PE Ratio (TTM)4.51
EPS (TTM)3.88
Earnings DateMay 30, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est22.72
Trade prices are not sourced from all markets
  • Canadian Solar's Arm Sells Mustang Project to Goldman Sachs
    Zacks2 days ago

    Canadian Solar's Arm Sells Mustang Project to Goldman Sachs

    Canadian Solar (CSIQ) unit Recurrent Energy will complete the sale of its equity stakes in 973-megawatts of solar projects with the closure of the remaining Mustang solar project equity ownership.

  • PR Newswire3 days ago

    Canadian Solar Subsidiary Recurrent Energy Completes Sale of Mustang Solar Project to Goldman Sachs

    GUELPH, Ontario, May 16, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy, LLC ("Recurrent Energy") has sold its equity stake in the 134 MWp/100 MWac Mustang solar project to the Renewable Power Group of Goldman Sachs Asset Management, L.P. ("Goldman Sachs"). This transaction completes Recurrent Energy's sale of equity stakes in the 973 MWp portfolio of California solar projects that came online in 2016.

  • PR Newswire4 days ago

    Canadian Solar Secures US$50 Million Term Loan from Credit Suisse

    GUELPH, Ontario, May 15, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced the closing of a US$50 million term loan from Credit Suisse AG, Singapore Branch ("Credit Suisse"), one of the world's leading financial services providers. Canadian Solar intends to deploy the term loan to support the development of international solar project pipeline and for general corporate purposes.

  • PR Newswire5 days ago

    Canadian Solar Showcases Next Generation Solar Modules: BiHiKu Bifacial, HiKu poly and HiDM All-Black

    GUELPH, Ontario, May 14, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar"), (CSIQ), one of the world's largest solar power companies, today announced it will showcase its next generation solar modules - BiHiKu (polycrystalline bifacial), HiKu (polycrystalline exceeding 400 Watts), and HiDM All-Black (monocrystalline PERC) - at Intersolar Europe from May 15 - 17, 2019 in Munich, Germany. BiHiKu bifacial polycrystalline dual-cell is a module based on Canadian Solar's industry-leading bifacial cell technology and extensive double glass module manufacturing know-how.

  • What's in the Cards for Canadian Solar (CSIQ) Q1 Earnings?
    Zacks6 days ago

    What's in the Cards for Canadian Solar (CSIQ) Q1 Earnings?

    Canadian Solar (CSIQ) anticipates sales for the first quarter to get negatively impacted by the ongoing module ASP pressure.

  • Canadian Solar (CSIQ) Outpaces Stock Market Gains: What You Should Know
    Zacks8 days ago

    Canadian Solar (CSIQ) Outpaces Stock Market Gains: What You Should Know

    Canadian Solar (CSIQ) closed at $19.12 in the latest trading session, marking a +1.32% move from the prior day.

  • Should Value Investors Pick Canadian Solar (CSIQ) Stock Now?
    Zacks9 days ago

    Should Value Investors Pick Canadian Solar (CSIQ) Stock Now?

    Let's see if Canadian Solar Inc. (CSIQ) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Did Hedge Funds Drop The Ball On Canadian Solar Inc. (CSIQ) ?
    Insider Monkey9 days ago

    Did Hedge Funds Drop The Ball On Canadian Solar Inc. (CSIQ) ?

    "Market volatility has picked up again over the past few weeks. Headlines highlight risks regarding interest rates, the Fed, China, house prices, auto sales, trade wars, and more. Uncertainty abounds. But doesn’t it always? I have no view on whether the recent volatility will continue for a while, or whether the market will be back […]

  • Reuters9 days ago

    Firms flock to power auction for troubled Brazil state near Venezuela

    Developers have presented more than 150 proposals for power plants ahead of an auction this month to supply electricity to the Brazilian state of Roraima, which has struggled with a rash of blackouts due to reliance on the shaky Venezuelan power grid. Roraima, which is not connected to Brazil's national grid, has begun depending on expensive emergency fuel-burning plants in the absence of reliable power from its northern neighbor, which has sunk into a profound economic and political crisis. Brazil's federal government set an auction for May 31 to close long-term contracts with new suppliers using any available source, from oil to wind or solar.

  • Canadian Solar (CSIQ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
    Zacks11 days ago

    Canadian Solar (CSIQ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

    Canadian Solar (CSIQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Canadian Solar (CSIQ) Dips More Than Broader Markets: What You Should Know
    Zacks16 days ago

    Canadian Solar (CSIQ) Dips More Than Broader Markets: What You Should Know

    Canadian Solar (CSIQ) closed the most recent trading day at $20.40, moving -1.11% from the previous trading session.

  • PR Newswire18 days ago

    Canadian Solar Wins Two Deal of the Year Awards from Power Finance & Risk

    GUELPH, Ontario, May 1, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced it won two accolades in the 2018  Power Finance & Risk Deal of the Year Awards. Canadian Solar was named the Latin America Project Finance Borrower of the Year, and was further recognized as Latin America Project Finance Deal of the Year for the financing of its 100 MWp solar project in Cafayate, Argentina.

  • Goldman Sachs Calls a Bottom in Solar
    Bloomberg19 days ago

    Goldman Sachs Calls a Bottom in Solar

    China, the world’s biggest solar market, sent convulsions around the globe last year when it dialed back incentives and slowed development. Now Goldman sees installations in China stabilizing in 2019 at around 42 gigawatts, analyst Brian Lee wrote in a research note.

  • PR Newswire20 days ago

    Canadian Solar Secures JPY 5.35 Billion Credit Facility with Sumitomo Mitsui Finance and Leasing Company

    GUELPH, Ontario, April 29, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui Finance and Leasing Company, Limited ("SMFL"), a member of Sumitomo Mitsui Financial Group. SMFL is one of Japan's largest leasing institutions with global presence.

  • Enphase Energy (ENPH) to Post Q1 Earnings: What's in Store?
    Zacks23 days ago

    Enphase Energy (ENPH) to Post Q1 Earnings: What's in Store?

    Enphase Energy's (ENPH) Q1 results are expected to benefit from increased shipments of its solar microinverters.

  • PR Newswire23 days ago

    Canadian Solar Files Annual Report on Form 20-F for Year Ended December 31, 2018

    GUELPH, Ontario, April 25, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced the filing of its annual report on Form 20-F for the year ended on December 31, 2018 with the U.S. Securities and Exchange Commission ("SEC").  The annual report on Form 20-F can be accessed on the Company's Investor Relations website at www.canadiansolar.com or on the SEC's website at www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request.

  • Is Canadian Solar (CSIQ) a Great Value Stock Right Now?
    Zacks25 days ago

    Is Canadian Solar (CSIQ) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • PR Newswire25 days ago

    Canadian Solar to sell its 80% interest in a 482.6 MWp contracted Brazilian solar project portfolio to Nebras Power

    GUELPH, Ontario and MADRID , April 24, 2019 /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, announced ...

  • Can Canadian Solar (CSIQ) Keep the Earnings Surprise Streak Alive?
    Zacks26 days ago

    Can Canadian Solar (CSIQ) Keep the Earnings Surprise Streak Alive?

    Canadian Solar (CSIQ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • ACCESSWIRElast month

    Cleantech Play to Research Today

    HENDERSON, NV / ACCESSWIRE / April 18, 2019 / With the need to combat climate change transforming into a necessity rather than an option, the drumbeat for major change in the energy sector begins to get ...

  • Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day
    Zackslast month

    Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day

    Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day

  • 3 Solar Stocks Worth Buying Ahead of This Earnings Season
    Zackslast month

    3 Solar Stocks Worth Buying Ahead of This Earnings Season

    With a backlog of utility-scale projects and new policy incentives in key states, the outlook for solar jobs is expected to improve in 2019

  • Here's Why You Should Add Canadian Solar (CSIQ) to Portfolio
    Zackslast month

    Here's Why You Should Add Canadian Solar (CSIQ) to Portfolio

    Expansion of global footprint is expected to boost Canadian Solar's (CSIQ) performance.

  • Canadian Solar (CSIQ) Stock Moves -1.91%: What You Should Know
    Zackslast month

    Canadian Solar (CSIQ) Stock Moves -1.91%: What You Should Know

    Canadian Solar (CSIQ) closed at $18.45 in the latest trading session, marking a -1.91% move from the prior day.

  • 9 High-Risk Stocks to Buy for Massive Rewards
    InvestorPlacelast month

    9 High-Risk Stocks to Buy for Massive Rewards

    [Editor's note: This story was previously published in November 2018. It has since been updated and republished.]Slow and steady wins the race, as the old adage goes. But slow and steady can be a bit boring. Investors looking for stocks to buy, as a rule, should focus on high-quality, and preferably, lower-risk issues.Still, there's room in any investor's portfolio for higher-risk, higher-reward plays -- as long as those risks are understood.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn that vein, here are 10 stocks to buy that offer potentially significant rewards … and almost as much risk. None of these stocks should be a core part of a portfolio, and all have the potential to blow up in your face. * 10 Dow Jones Stocks Holding the Blue Chip Index Back But taking those risks also creates the possibility of a major reward. It's likely at least a few of these stocks will wind up big winners going forward. Teva Pharmaceutical (TEVA)Teva Pharmaceutical (NYSE:TEVA) isn't having a great year, down just about 7%.Teva has too much debt and too little growth. Its key drug, Copaxone, which treats multiple sclerosis, is facing generic competition from Mylan (NASDAQ:MYL), among others. Bankruptcy likely isn't a near-term scenario but the current trajectory suggests it could occur down the line. In short, TEVA is a classic contrarian, "buy when there's blood in the streets" type of play. And there are reasons TEVA is one of these great (if risky) stocks to buy.While pressure has persisted on generic drugs, but it won't last forever.The company has sold assets to clean up its balance sheet, which has de-risked the story somewhat. In my opinion, Teva is a better version of Valeant, but with an easier path back to normalcy.It's a risky path, but if it works TEVA could gain another 20%-plus simply by reaching a higher multiple and removing bankruptcy fears.Source: Shutterstock Scientific Games Corp (SGMS)The story already has played out somewhat at Scientific Games (NASDAQ:SGMS), which is up 14.23% so far this year. But the growth story isn't necessarily over.Only a few years ago, Scientific Games was a sleepy, low-growth provider of lottery tickets and terminals. But in quick succession, SciGames acquired slot machine manufacturers WMS Industries and Bally Technologies, the latter coming only months after Bally bought equipment maker and gaming table designer Shuffle Master. Scientific Games became the dominant supplier to the casino industry worldwide: a "one-stop shop" for casino floors.It also became one of the most indebted companies in the U.S. markets and still is. The combination of that debt and careful cost controls at casinos, particularly in the U.S., kept SGMS stock below $20 to start the year. * 8 Risky Stocks to Watch as Earnings Season Kicks Off But it now looks like the long-awaited "replacement cycle" of slot machines is arriving and that could be hugely beneficial for Scientific Games and its smaller, similar rival Everi Holdings Inc (NYSE:EVRI). And considering how much leverage is still on the balance sheet, there's a case for SGMS to clear $100 -- yes, $100 -- if profit growth accelerates.That's not a guarantee, obviously, but it's the nature of highly indebted companies. Leverage is a weight when those companies struggle, and it's a springboard when they grow.Source: Chesapeake Energy Chesapeake Energy (CHK)In the case of Chesapeake Energy Corporation (NYSE:CHK), leverage has been a weight. After optimism about stable energy prices and Chesapeake's improved balance sheet boosted CHK stock in 2017, it was nothing but downhill in 2018. CHK now trades up ,pre than 57% since the beginning of the year. This could be the upswing you've been waiting for.I think CHK is the best, if riskiest, of the stocks to buy on higher energy prices. At the least, Chesapeake has bought itself more time for those prices to work higher. It's also worth pointing out that Chesapeake bonds actually have been rather stable so far this year. Efficiency improvements at the wellhead have lowered costs as well.Chesapeake is a risky play, but the combination of debt on the balance sheet and leverage from higher energy prices mean that with a couple of changes, CHK could soar.Source: Web Summit Via Flickr Splunk (SPLK)Splunk (NASDAQ:SPLK), on the other hand, isn't the cheapest stock in its space or anywhere else. The high-flying "operational intelligence" software provider trades up nearly 30% since the beginning of the year alone.The valuation alone shows the risk in SPLK, which has pulled back from brief early-2014 highs above $100. But since that pullback, SPLK stock actually has been rather stable, as investors give the company time to grow into its valuation.Meanwhile, Splunk continues to be a likely acquisition target, with Cisco (NASDAQ:CSCO) cited as a potential buyer in June and International Business Machines (NYSE:IBM) long thought to be a logical acquirer. * 7 High-Risk Stocks With Big Potential Rewards Splunk is a classic growth stock in that it, too, is high-risk and high-reward. But it looks like one of the better growth stocks to buy in what might be an over-aggressive market at the moment.Source: Shutterstock Ship Finance International (SFL)The shipping space generally has been a "Bermuda Triangle" for investor capital, but Ship Finance International (NYSE:SFL) might be the exception to the rule.There's likely to be some near-term volatility and Ship Finance's dividend, which currently yields 10.95%, could be at risk, but it's still one of those great stocks to buy if you can handle the risk.But this also remains one of the best plays in shipping, available for a modest premium to book value and at low-teens multiple to earnings. The industry alone, and a heavily leveraged balance sheet, both show the risk.But if Ship Finance can make it through some choppy waters over the next few months, there's likely a nice return for shareholders on the other side. GW Pharmaceuticals (GWPH)There's no sector of the market more boom-and-bust than biotech and drug development. GW Pharmaceuticals (NASDAQ:GWPH) doubles down on that volatility by developing its drugs from marijuana.But GW Pharmaceuticals isn't one of those fly-by-night penny stocks to buy based on legalized weed. It's a $2.6 billion pharmaceutical company with a legitimate lead product candidate in Epidiolex, aimed to treat Dravet Syndrome and Lennox-Gastaut Syndrome. Sativex, used to treat multiple sclerosisSativex, used to treat multiple sclerosis spasticity, already is on the market. And another compound has potential uses to fight epilepsy and treat autism spectrum disorders. * 10 Medical Marijuana Stocks to Cure Your Portfolio Like most drug development plays, GWPH is high-risk. But there's reason for investors to hold long-term optimism toward the company's pipeline. Success in getting those drugs to market likely would make GWPH an acquisition target at some point suggesting a significant upside from current levels. If it happens, analysts see GWPH stock surging near 30%.That in turn, would suggest likely significant upside from current levels for GWPH stock.Source: Shutterstock Canadian Solar (CSIQ)Considering that solar power actually is gaining an increasing share of the U.S. market, in particular, it's surprising that solar stocks including Canadian Solar (NASDAQ:CSIQ) actually haven't done all that well. SolarCity had to be rescued by Tesla (NASDAQ:TSLA). First Solar (NASDAQ:FSLR) is down from multi-year highs despite the recent strength.There are risks for CSIQ, in particular. "Commoditization" and price pressure could hit margins. Still, demand for CSIQ equipment is growing, the stock isn't terribly highly valued, and it's lagged of late while FSLR, in particular, has risen.Solar stocks are likely to stay choppy for a while, but CSIQ should have some room to run if it can get through the second half of the year.Source: Helgi Halldorsson via Flickr Superior Industries International (SUP)Superior Industries International (NYSE:SUP) is on the move again. Shipments of the company's aluminum wheels hit a record last year and it's starting to pay off.Auto parts stocks as a whole have had trouble, driven by "peak auto" concerns in the space. Superior itself has had a couple of missteps that impacted margins, and profits. And with SUP one of the more indebted companies in the sector, both factors have had an amplified impact on Superior's share price. * 7 Biometric Stocks to Watch as AI Rises But there's a reason to see a reversal as well, which is what makes SUP one of the smart stocks to buy. Near-term auto sales may be coming down, particularly in the U.S.Last year's acquisition of European supplier UNIWHEELS improved Superior's position overseas. And there is room to improve execution, and hopefully, margins, going forward.SUP does have potential downside risk, particularly if global macro concerns arise, pressuring auto sales and dropping SUP earnings further. But for contrarians who think the auto parts selloff is overdone, SUP is one of the more intriguing plays.Source: Rob Wall via Flickr (Modified) Chegg (CHGG)Chegg (NYSE:CHGG) is another of the growth stocks to buy with a high valuation and a big opportunity. The company began as an online textbook rental company. But it wound up outsourcing that business to another provider and since has focused on becoming the dominant digital platform for U.S. college students.And Chegg is having some success. Revenues are growing and adjusted EBITDA has turned positive after years of losses. The company's tutors and study services businesses are growing rapidly, and it's becoming a fixture in the college landscape.There are risks here beyond valuation. Like so many companies, Amazon is a potential competitor down the line, given its efforts to offer free Prime services to college students. But at this point, it might simply be easier for Amazon to buy Chegg, rather than expend the resources to try and fight it.With each passing quarter, Chegg gets more and more entrenched. And that only serves to strengthen the bull case for CHGG stock.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Cheap Stocks That Are Leading the Blue Chips * 7 Straight-A Stocks to Build a Portfolio Around * Forget the FANGs -- Buy These 5 Tech Stocks Instead Compare Brokers The post 9 High-Risk Stocks to Buy for Massive Rewards appeared first on InvestorPlace.