Emeren Group Ltd (SOL)

NYSE: SOL · Real-Time Price · USD
1.870
+0.010 (0.54%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.54%
Market Cap 95.85M
Revenue (ttm) 102.49M
Net Income (ttm) -2.64M
Shares Out 51.25M
EPS (ttm) -0.09
PE Ratio n/a
Forward PE 9.51
Dividend n/a
Ex-Dividend Date n/a
Volume 216,775
Open 1.910
Previous Close 1.860
Day's Range 1.840 - 1.920
52-Week Range 1.410 - 3.000
Beta 1.73
Analysts Buy
Price Target 3.83 (+104.81%)
Earnings Date Nov 14, 2024

About SOL

Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electric... [Read more]

Industry Solar
Sector Technology
IPO Date Jan 29, 2008
Employees 197
Stock Exchange NYSE
Ticker Symbol SOL
Full Company Profile

Financial Performance

In 2023, Emeren Group's revenue was $105.64 million, an increase of 72.36% compared to the previous year's $61.29 million. Losses were -$3.19 million, -31.81% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SOL stock is "Buy." The 12-month stock price forecast is $3.83, which is an increase of 104.81% from the latest price.

Price Target
$3.83
(104.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Emeren Group Ltd (SOL) Q3 2024 Earnings Call Transcript

Emeren Group Ltd (NYSE:SOL) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Gary Dvorchak - Managing Director, The Blueshirt Group Yumin Liu - CEO Ke Chen - CFO Con...

6 days ago - Seeking Alpha

Emeren Announces Third Quarter 2024 Financial Results

NORWALK, Conn. , Nov. 14, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

6 days ago - PRNewsWire

Emeren Group: Guidance Appears Out Of Reach, But Potential For A Turning Point

Emeren Group's new business model focuses on solar project development in Europe, with a significant project pipeline and expected profitability improvements in H2 FY24. Despite positive guidance, Eme...

14 days ago - Seeking Alpha

Emeren Group and Arpinge Partner to Develop 300 MW Battery Storage Portfolio in Italy

NORWALK, Conn. , Nov. 5, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced ...

16 days ago - PRNewsWire

Emeren Group Announces Results of Annual General Meeting

NORWALK, Conn. , Nov. 4, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced ...

16 days ago - PRNewsWire

Emeren to Release Third Quarter 2024 Financial Results on November 14, 2024

NORWALK, Conn. , Oct. 24, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

4 weeks ago - PRNewsWire

Emeren Group (SOL) Stock Dips Amid Solar Sector Volatility

Emeren Group Ltd (SOL, Financial) experienced a significant share price drop of 5.05%, bringing the stock down to $2.73 per share. During this period, the trading volume reached 256,430 shares, with a...

6 weeks ago - GuruFocus

Emeren Group Sells 57 MWp Solar Project Portfolio to Trina Solar ISBU in France

NORWALK, Conn. , Sept. 30, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

7 weeks ago - PRNewsWire

Emeren Group and Apple Supplier Luxshare Connect 4.5 MW Solar Plant to Grid, Advancing Clean Energy and Carbon Neutrality

NORWALK, Conn. , Sept. 25, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

2 months ago - PRNewsWire

Emeren Group Announces Notice of Annual General Meeting

NORWALK, Conn. , Sept. 6, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

2 months ago - PRNewsWire

Emeren Appoints Dr. Ramki Srinivasan to Its Board of Directors

STAMFORD, Conn. , Sept. 3, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

2 months ago - PRNewsWire

Emeren to Participate at ROTH MKM 11th Annual Solar & Storage Symposium

STAMFORD, Conn. , Aug. 29, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

2 months ago - PRNewsWire

Emeren Group Ltd (SOL) Q2 2024 Earnings Call Transcript

Emeren Group Ltd (NYSE:SOL) Q2 2024 Earnings Conference Call August 20, 2024 5:00 PM ET Company Participants Gary Dvorchak - Investor Relations, The Blueshirt Group Yumin Liu - Chief Executive Office...

3 months ago - Seeking Alpha

Emeren Announces Second Quarter 2024 Financial Results

STAMFORD, Conn., Aug. 20, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

3 months ago - PRNewsWire

Emeren to Release Second Quarter 2024 Financial Results on August 20, 2024

STAMFORD, Conn. , Aug. 13, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announce...

3 months ago - PRNewsWire

Emeren Announces Form 10-K Filing for Fiscal Year Ended December 31, 2023

STAMFORD, Conn. , Aug. 1, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

3 months ago - PRNewsWire

Emeren Group Sells a 42 MWp RTB Solar Project Portfolio in Spain

STAMFORD, Conn. , July 9, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

4 months ago - PRNewsWire

Emeren Group and PLT energia Srl Partner on 394 MW Battery Storage Portfolio

STAMFORD, Conn. , July 1, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

5 months ago - PRNewsWire

Emeren to Participate at the Roth MKM 10th Annual London Conference

STAMFORD, Conn. , May 29, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

6 months ago - PRNewsWire

Emeren Group Ltd. (SOL) Q1 2024 Earnings Call Transcript

Emeren Group Ltd. (NYSE:SOL) Q1 2024 Earnings Conference Call May 23, 2024 5:00 PM ET Company Participants Suzanne Wilson - Director of Investor Relations Yumin Liu - Chief Executive Officer Ke Chen ...

6 months ago - Seeking Alpha

Emeren Announces First Quarter 2024 Financial Results

STAMFORD, Conn. , May 23, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

6 months ago - PRNewsWire

Emeren to Release First Quarter 2024 Financial Results on May 23, 2024

STAMFORD, Conn., May 9, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced t...

7 months ago - PRNewsWire

Emeren Group and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy with 2.83 GWh Capacity

STAMFORD, Conn. , April 23, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

7 months ago - PRNewsWire

Emeren Group Announces Receipt of Notice of Late Filing from NYSE

STAMFORD, Conn. , April 19, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announc...

7 months ago - PRNewsWire

Emeren Group Ltd. (SOL) Q4 2023 Earnings Call Transcript

Emeren Group Ltd. (SOL) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha