Canadian Solar Inc (NASDAQ:CSIQ) has a beta value of 1.35 and has seen 1.19 million shares traded in the last trading session. The company, currently valued at $655.54M, closed the last trade at $9.79 per share which meant it gained $0.58 on the day or 6.30% during that session. The CSIQ stock price is -115.02% off its 52-week high price of $21.05 and 32.89% above the 52-week low of $6.57.
The consensus among analysts is that Canadian Solar Inc (CSIQ) is Buy stock at the moment, with a recommendation rating of 2.56. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Canadian Solar Inc (NASDAQ:CSIQ) trade information
Sporting 6.30% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CSIQ stock price touched $9.79 or saw a rise of 0.71%. Year-to-date, Canadian Solar Inc shares have moved -11.96%, while the 5-day performance has seen it change 2.51%. Over the past 30 days, the shares of Canadian Solar Inc (NASDAQ:CSIQ) have changed 19.68%.
Wall Street analysts have a consensus price target for the stock at $20, which means that the shares’ value could jump 51.05% from current levels. The projected low price target is $11.0 while the price target rests at a high of $27.0. In that case, then, we find that the current price level is -175.79% off the targeted high while a plunge would see the stock gain -12.36% from current levels.
Canadian Solar Inc (CSIQ) estimates and forecasts
The company’s shares have lost -40.05% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -28.41% over the past 5 years. Earnings growth for 2025 is a modest -221.75% while over the next 5 years, the company’s earnings are expected to increase by 86.93%.
CSIQ Dividends
Canadian Solar Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Canadian Solar Inc (NASDAQ:CSIQ)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 5.17 million shares worth more than $76.21 million. As of 2024-06-30, BLACKROCK INC. held 7.7793% of shares outstanding.
The other major institutional holder is MACKENZIE FINANCIAL CORP, with the holding of over 5.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $75.46 million and represent 7.7027% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . As of Mar 31, 2025 , the former fund manager holds about 2.48% shares in the company for having 1.64 shares of worth $16.03 million while later fund manager owns 728.03 shares of worth $7.13 million as of Jan 31, 2025 , which makes it owner of about 1.10% of company’s outstanding stock.
