JinkoSolar (JKS) Stock Price, News & Analysis

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last twelve months. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" JKS shares.
View JKS analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 1-year price targets for JinkoSolar's stock. Their JKS share price targets range from $23.00 to $30.00. On average, they predict the company's stock price to reach $26.60 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price.
View analysts price targets for JKS or view top-rated stocks among Wall Street analysts.

JinkoSolar's stock was trading at $36.94 at the beginning of the year. Since then, JKS shares have decreased by 31.1% and is now trading at $25.47.
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JinkoSolar saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,030,000 shares, an increase of 15.6% from the March 15th total of 2,620,000 shares. Based on an average daily volume of 907,000 shares, the short-interest ratio is presently 3.3 days.
View JinkoSolar's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our JKS earnings forecast.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) released its quarterly earnings results on Wednesday, March, 20th. The semiconductor company reported $1.21 earnings per share for the quarter, missing the consensus estimate of $2.32 by $1.11. The semiconductor company had revenue of $4.62 billion for the quarter, compared to analysts' expectations of $4.08 billion. JinkoSolar had a net margin of 2.74% and a trailing twelve-month return on equity of 11.12%.

JinkoSolar announced a -- dividend on Tuesday, September 26th. Investors of record on Friday, November 24th will be paid a dividend of $1.50 per share on Wednesday, December 13th. The ex-dividend date of this dividend is Wednesday, November 22nd.
Read our dividend analysis for JKS.

JinkoSolar (NYSE:JKS) pays an annual dividend of $1.48 per share and currently has a dividend yield of 5.65%. JKS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JKS will have a dividend payout ratio of 14.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JKS.

ETFs with the largest weight of JinkoSolar (NYSE:JKS) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), Invesco Solar ETF (TAN), Global X Clean Tech ETF (CTEC), Invesco WilderHill Clean Energy ETF (PBW), Fidelity Clean Energy ETF (FRNW), AXS Green Alpha ETF (NXTE) and iShares MSCI China Small-Cap ETF (ECNS).

JinkoSolar declared that its board has approved a stock repurchase program on Wednesday, July 6th 2022, which permits the company to repurchase $0.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued.

14 employees have rated JinkoSolar Chief Executive Officer Kangping Chen on Glassdoor.com. Kangping Chen has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Canadian Solar (CSIQ), Micron Technology (MU), Netflix (NFLX), First Solar (FSLR), Gilead Sciences (GILD), Intel (INTC) and Advanced Micro Devices (AMD).

JinkoSolar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include GSA Capital Partners LLP (0.15%), Green Alpha Advisors LLC (0.14%), Mirae Asset Global Investments Co. Ltd. (0.10%), Simplex Trading LLC (0.00%), BNP Paribas Financial Markets (0.06%) and Capstone Investment Advisors LLC (0.06%).

Shares of JKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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