CSIQ - Canadian Solar Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
20.54
-0.60 (-2.84%)
At close: 4:00PM EST
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Previous Close21.14
Open21.25
Bid20.55 x 900
Ask20.79 x 1100
Day's Range20.10 - 21.46
52 Week Range11.37 - 22.19
Volume801,751
Avg. Volume777,634
Market Cap1.203B
Beta (3Y Monthly)1.32
PE Ratio (TTM)6.75
EPS (TTM)3.04
Earnings DateMar 21, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est20.14
Trade prices are not sourced from all markets
  • PR Newswire3 days ago

    Canadian Solar Won 94 MWp of Subsidy-Free Electricity Contracts in Alberta's Public Power Auction

    GUELPH, Ontario, Feb. 15, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced that it has won three solar power contracts with Alberta's Ministry of Infrastructure, for a total of 94 megawatts (MWp) of solar power system in southeast Alberta, with an average contracted PPA price of 48.05 Canadian dollars per megawatt-hour (MWh). When in operation, these solar plants will provide 55 percent of the electricity needs for Alberta provincial government.

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  • GlobeNewswire3 days ago

    Investor Expectations to Drive Momentum within Glu Mobile, Canadian Solar, H. B. Fuller, SolarEdge Technologies, Data I/O, and PennantPark Floating Rate Capital — Discovering Underlying Factors of Influence

    NEW YORK, Feb. 15, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

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  • PR Newswire4 days ago

    Canadian Solar's First Solar Power Project of 68 MWp in Mexico Started Commercial Operations

    GUELPH, Ontario, Feb. 14, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies today announced its first solar power project of 68 MWp in Mexico started commercial operations in January 2019. The solar plant, located in Aguascalientes, Mexico, is powered by over 200,000 Canadian Solar high-efficiency poly modules CS6U-P. In addition to that, a total of 535 jobs were created during the PV plant construction and more than 15 new jobs are expected to be created for operations and maintenance during the upcoming 20 years the plant is in operation.

  • ACCESSWIRE5 days ago

    Companies to Benefit from ''Green New Deal''

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  • Canadian Solar (CSIQ) Flat As Market Gains: What You Should Know
    Zacks5 days ago

    Canadian Solar (CSIQ) Flat As Market Gains: What You Should Know

    In the latest trading session, Canadian Solar (CSIQ) closed at $21.33, marking no change from the previous day.

  • Canadian Solar (CSIQ) is a Great Momentum Stock: Should You Buy?
    Zacks6 days ago

    Canadian Solar (CSIQ) is a Great Momentum Stock: Should You Buy?

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  • Noble Energy (NBL) to Post Q4 Earnings: What's in the Cards?
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  • CSIQ vs. RUN: Which Stock Is the Better Value Option?
    Zacks10 days ago

    CSIQ vs. RUN: Which Stock Is the Better Value Option?

    CSIQ vs. RUN: Which Stock Is the Better Value Option?

  • Is Canadian Solar (CSIQ) Outperforming Other Oils-Energy Stocks This Year?
    Zacks12 days ago

    Is Canadian Solar (CSIQ) Outperforming Other Oils-Energy Stocks This Year?

    Is (CSIQ) Outperforming Other Oils-Energy Stocks This Year?

  • PR Newswire12 days ago

    Canadian Solar Announces Date of its Q4/FY 2018 Earnings Conference Call, Updates its Guidance for 4Q 2018, and Provides a Preliminary Assessment of the Potential Impact of PG&E's Bankruptcy on its Project Pipeline

    GUELPH, Ontario, Feb. 6, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (CSIQ), one of the world's largest solar power companies today announced it plans to report its financial results for the fourth quarter and full year 2018 on Thursday, March 21, 2019. Management will host a conference call to discuss these results and its business outlook for the first quarter and full year 2019.

  • Canadian Solar (CSIQ) Stock Sinks As Market Gains: What You Should Know
    Zacks12 days ago

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

    Canadian Solar (CSIQ) closed the most recent trading day at $19.79, moving -0.9% from the previous trading session.

  • 3 Best Solar Stocks To Buy — According to Goldman Sachs
    InvestorPlace17 days ago

    3 Best Solar Stocks To Buy — According to Goldman Sachs

    There's no question 2018 wasn't a great year for solar stocks. In fact, the Invesco Solar ETF (NYSEARCA:TAN) declined 26.2% last year. However, Goldman Sachs analyst Brian Lee recently said that the sun will come out again for solar stocks in 2019. After a cyclical downturn in 2018, Lee said solar demand is improving and prices are stabilizing. He also said China will turn from an albatross to a positive catalyst assuming a trade deal with the U.S. is completed at some point this year. * 7 S&P 500 Stocks to Buy That Tore Up Earnings The good news for solar stocks that endured a rough year is that Goldman expects some of the biggest 2018 laggards to be the best leaders in 2019. Here's a look at Goldman's top three solar stocks for 2019. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: U.S. Department of the Interior via Flickr ### Best Solar Stocks: First Solar First Solar (NASDAQ:FSLR) stock dropped 37.1% in 2018, enough to make the stock an attractive risk-reward play for investors this year. FSLR stock has major exposure to utility-scale solar demand, which Goldman is projecting will hit a positive inflection point in the next 12 months. Goldman projects U.S. utility-scale demand will double the growth rate of residential demand in the next two years. Consensus 2019 EPS estimates have also fallen from around $3.25 a year ago to only $2.59 today, which has set a low bar for the company to clear. Even if First Solar doesn't beat low EPS expectations, $2.59 in EPS means FSLR stock is trading at a reasonable 19.3x forward P/E. Given its massive cash balance, FSLR stock has limited additional downside from here. By the end of the year, Goldman projects FSLR stock will have about 40% of its current market cap in cash alone. That cash balance makes FSLR stock a relatively safe bet for long-term investors. Source: Shutterstock ### Best Solar Stocks: Canadian Solar Goldman is projecting about 10% EPS upside to consensus estimates for Canadian Solar (NASDAQ:CSIQ) stock this year. About 55% of Canadian Solar's 2019 revenue will come from module manufacturing. That exposure allows Canadian Solar to take advantage of the same boom in U.S. utility-scale solar demand as First Solar. Goldman is projecting utility-scale solar demand will grow by 41% annually through 2020. As recently as 2017, 26% of CSIQ's revenue came from China. Therefore, an improving Chinese policy environment would also provide a big boost. While investors wait for market improvements, Lee said the company has one of the best cost structures in the group. He projects cost-per-watt will continue to drop by a double-digit percentage in 2019. * 3 Stocks to Buy as They Bottom From a valuation perspective, CSIQ stock looks like the best opportunity to me. According to Yahoo, CSIQ's P/E and forward P/E ratios are both in the single digits. ### Best Solar Stocks: Vivint Solar Unlike the other two energy stocks on this list, Vivint Solar (NYSE:VSLR) stock is a play on the residential solar market. Goldman is expecting double-digit revenue growth from Vivint in 2019. Lee says the company could gain residential market share from its competitors. Although the residential market is not expected to be as strong as the utility market this year, Vivint could get a boost from a new California law passed in 2018 mandating that most new homes built in the state starting in 2020 be solar powered. If other states in the Southwest follow California's lead, it could create even more momentum for U.S. residential demand. Goldman is projecting 14% volume growth for Vivint this year. That growth rate is lower than the 40% growth it is projecting for FSLR and the 17% growth projected for CSIQ. Given the unpredictability of the U.S. residential solar business and Vivint's extremely high long-term debt-to-equity ratio of 3.79, VSLR stock looks like the biggest gamble of the three. VSLR stock has more than 60% upside based on Goldman's $6.50 price target. It also could be a major risk if market conditions deteriorate. As of this writing, Wayne Duggan held no positions in the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 of the Best Stocks to Buy for a Dovish Federal Reserve * 5 Best Fidelity ETFs for Retirement Savers * 7 Blue-Chip Stocks That Could Lead the Market Higher Compare Brokers The post 3 Best Solar Stocks To Buy -- According to Goldman Sachs appeared first on InvestorPlace.

  • Should Value Investors Buy Canadian Solar (CSIQ) Stock?
    Zacks18 days ago

    Should Value Investors Buy Canadian Solar (CSIQ) Stock?

    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 Newswire18 days ago

    Canadian Solar Secures 295 Million Brazilian Reais Financing for the Salgueiro Project in Brazil

    GUELPH, Ontario, Jan. 31, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (CSIQ), one of the world's largest solar power companies, today announced that it has secured a 295 million Brazilian reais (US$80 million) financing from Banco do Nordeste S.A. ("BNB") for its 114 MWp Salgueiro solar power project in the northeast state of Pernambuco, Brazil. The 114 MWp Salgueiro solar power project is part of the 478 MWp solar portfolio awarded to Canadian Solar during the past two Brazil A-4 energy auctions in December 2017 and April 2018.

  • Canadian Solar (CSIQ) Gains As Market Dips: What You Should Know
    Zacks19 days ago

    Canadian Solar (CSIQ) Gains As Market Dips: What You Should Know

    Canadian Solar (CSIQ) closed the most recent trading day at $20.58, moving +0.24% from the previous trading session.

  • JinkoSolar Sells 5 MW PV Modules for Solar Project in Greece
    Zacks21 days ago

    JinkoSolar Sells 5 MW PV Modules for Solar Project in Greece

    JinkoSolar (JKS) is expanding its operation in Europe and supplied 5MW solar modules for a project in Greece.