Canadian Solar/CSIQ

$19.68

0.77%
-
1D1W1MYTD1YMAX

About Canadian Solar

Canadian Solar Inc. is a Canada-based solar technology and renewable energy company. The Company is a manufacturer of solar photovoltaic modules, a provider of solar energy and battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. It operates through two segments: Recurrent Energy, and CSI Solar. The Recurrent Energy segment is vertically integrated and has expertise in greenfield origination, development, financing, execution, operations and maintenance, and asset management. The CSI Solar segment consists of solar module and battery energy storage manufacturing, and delivery of total system solutions, including inverters, solar system kits, and engineering, procurement, and construction (EPC) services. It has developed, built, and connected around 10 GWp of solar power projects and 3.3 GWh of battery energy storage projects across the world.

Ticker

CSIQ

Sector

Energy

Trading on

NASDAQ

Industry

Semiconductors

CEO

-

Employees

22,234

Headquarters

Guelph, Canada

Canadian Solar Metrics

BasicAdvanced
$1.3B
Market cap
6.73
P/E ratio
$2.84
EPS
1.34
Beta
-
Dividend rate
$1.3B
1.33918
$45.29
$14.11
1.9M
1.023
0.792
77.815
199.393
11.29%
2.57%
8.86%
6.47%
6.726
0.174
0.499
0.506
-8.56%
-36.74%
29.86%
17.62%

What the Analysts think about Canadian Solar

Analyst Ratings

Majority rating from 11 analysts.
Buy

Price Targets

Average projection from 8 analysts.
29.27% upside
High $43.00
Low $9.10
$19.68
Current price
$25.44
Average price target

Canadian Solar Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
0.92% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.3B
-21.91%
Net income
$12M
-1,046.15%
Profit margin
0.92%
-1,414.29%

Canadian Solar Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1,416.79%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.39
$0.32
-$0.02
$0.19
-
Expected
$1.52
$0.82
$0.02
-$0.01
$0.14
Surprise
57.2%
-60.8%
-188.89%
-1,416.79%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Canadian Solar stock?

Canadian Solar (CSIQ) has a market cap of $1.3B as of May 30, 2024.

What is the P/E ratio for Canadian Solar stock?

The price to earnings (P/E) ratio for Canadian Solar (CSIQ) stock is 6.73 as of May 30, 2024.

Does Canadian Solar stock pay dividends?

No, Canadian Solar (CSIQ) stock does not pay dividends to its shareholders as of May 30, 2024.

When is the next Canadian Solar dividend payment date?

Canadian Solar (CSIQ) stock does not pay dividends to its shareholders.

What is the beta indicator for Canadian Solar?

Canadian Solar (CSIQ) has a beta rating of 1.34. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Canadian Solar stock price target?

The target price for Canadian Solar (CSIQ) stock is $25.44, which is 29.27% above the current price of $19.68. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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