JinkoSolar (JKS) is scheduled to post earnings on Friday

JinkoSolar (NYSE:JKS – Get Your Free Report ) is scheduled to release its earnings data before the market opens on Friday, August 30th. Analysts expect JinkoSolar to post earnings of $0.05 per share for the quarter. Persons wishing to register for the company’s earnings conference call may do so using this link.

JinkoSolar price performance

Shares of JKS stock opened at $17.97 on Friday. The firm has a market cap of $955.20 million, a price-to-earnings ratio of 2.80 and a beta of 0.38. The stock has a 50-day moving average price of $21.12 and a 200-day moving average price of $24.01. The company has a quick ratio of 0.77, a current ratio of 1.03, and a debt-to-equity ratio of 0.56. JinkoSolar has a 12-month low of $17.08 and a 12-month high of $38.65.

JinkoSolar announces dividend

The company also recently declared a variable dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be issued a $1.50 dividend. This represents a dividend yield of 15.6%. The ex-dividend date of this dividend is Thursday, August 15. JinkoSolar’s dividend payout ratio (DPR) is currently 46.18%.

Changes in Analyst Ratings

JKS has been the subject of several analyst reports. Roth Mkm reaffirmed a “neutral” rating and set a $25.00 target price on shares of JinkoSolar in a research report on Tuesday, April 30th. StockNews.com downgraded shares of JinkoSolar from a “hold” rating to a “sell” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $26.60.

See our latest report on JKS

JinkoSolar Company Profile

(Get a free report)

JinkoSolar Holding Co, Ltd., together with its subsidiaries, is engaged in the design, development, production and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials and silicon ingots. It also offers solar system integration services; Solar power generation and EPC services for solar systems; and energy storage system as well as undertake solar energy projects.

Recommended articles

Get news and reviews for JinkoSolar Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for JinkoSolar and related companies with MarketBeat.com’s FREE daily email newsletter.