Brookfield Renewable (BEPC) to Release Earnings on Friday

Brookfield Renewable (NYSE:BEPC - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Friday, May 2nd. Analysts expect Brookfield Renewable to post earnings of ($0.09) per share and revenue of $2.27 billion for the quarter.

Brookfield Renewable (NYSE:BEPC - Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.33) by $0.27. Brookfield Renewable had a negative net margin of 0.15% and a negative return on equity of 0.06%.

Brookfield Renewable Stock Performance

BEPC traded up $0.25 on Friday, reaching $28.06. The stock had a trading volume of 514,513 shares, compared to its average volume of 969,746. The business's 50-day moving average price is $27.68 and its two-hundred day moving average price is $28.65. The company has a current ratio of 0.27, a quick ratio of 0.51 and a debt-to-equity ratio of 0.89. Brookfield Renewable has a 12-month low of $23.01 and a 12-month high of $35.14. The company has a market cap of $4.07 billion, a P/E ratio of -31.53 and a beta of 1.16.

Brookfield Renewable Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were paid a $0.373 dividend. This represents a $1.49 annualized dividend and a dividend yield of 5.32%. The ex-dividend date of this dividend was Friday, February 28th. This is a positive change from Brookfield Renewable's previous quarterly dividend of $0.36. Brookfield Renewable's payout ratio is currently -167.42%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BEPC. Wells Fargo & Company dropped their price target on shares of Brookfield Renewable from $35.00 to $33.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. JPMorgan Chase & Co. dropped their target price on shares of Brookfield Renewable from $34.00 to $32.00 and set an "overweight" rating on the stock in a research report on Thursday, January 23rd. Finally, Barclays began coverage on shares of Brookfield Renewable in a research report on Wednesday, April 2nd. They set an "equal weight" rating and a $31.00 price target for the company.

Brookfield Renewable Company Profile

Brookfield Renewable Corporation owns and operates a portfolio of renewable power and sustainable solution assets primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, solar, and distributed energy and sustainable solutions with an installed capacity of approximately 19,161 megawatts.