Brookfield Renewable (NYSE:BEPC - Get Free Report) will post its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect Brookfield Renewable to post earnings of ($0.28) per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Brookfield Renewable (NYSE:BEPC - Get Free Report) last posted its quarterly earnings results on Friday, August 2nd. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.01). Brookfield Renewable had a net margin of 2.37% and a return on equity of 0.79%. The business had revenue of $1.48 billion during the quarter, compared to analysts' expectations of $1.51 billion. On average, analysts expect Brookfield Renewable to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Brookfield Renewable Stock Down 1.9 %
NYSE:BEPC traded down $0.58 during mid-day trading on Friday, hitting $30.00. The company's stock had a trading volume of 785,449 shares, compared to its average volume of 965,816. Brookfield Renewable has a 1 year low of $21.35 and a 1 year high of $35.14. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.40 and a quick ratio of 0.40. The business's fifty day moving average is $30.69 and its two-hundred day moving average is $29.38.
Brookfield Renewable Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, August 30th were issued a $0.355 dividend. This represents a $1.42 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend was Friday, August 30th. Brookfield Renewable's payout ratio is -221.88%.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. lowered their price target on shares of Brookfield Renewable from $34.00 to $32.00 and set a "neutral" rating on the stock in a report on Thursday, October 17th.
View Our Latest Stock Analysis on BEPC
Brookfield Renewable Company Profile
(
Get Free Report)
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.
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