Brookfield Renewable (BEPC) Stock Price, News & Analysis

Company Overview

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. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Renewable Corporation operates as a subsidiary of Brookfield BRP Holdings (Canada) Inc.

Key Stats

• Today's Range: $27.38 to $28.41
• 50-Day Range: $27.68 to $34.84
• 52-Week Range: $21.35 to $35.14
• Volume: 784,872 shs
• Average Volume: 953,991 shs
• Market Capitalization: $5.08 billion
• P/E Ratio: N/A
• Dividend Yield: 5.02%
• Price Target: $34.00
• Consensus Rating: Buy

Brookfield Renewable Stock Analysis - MarketRank™

Brookfield Renewable scored higher than 74% of companies evaluated by MarketBeat, and ranked 102nd out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Brookfield Renewable has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Brookfield Renewable has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Brookfield Renewable are expected to decrease in the coming year, from ($1.04) to ($1.62) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Brookfield Renewable is -34.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brookfield Renewable is -34.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Brookfield Renewable has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.08% of the outstanding shares of Brookfield Renewable have been sold short.

Short Interest Ratio / Days to Cover

Brookfield Renewable has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Brookfield Renewable has recently increased by 13.55%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Brookfield Renewable is a leading dividend payer. It pays a dividend yield of 5.06%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Brookfield Renewable does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.5 / 5
• Environmental Score: 2.17

Percentage of Shares Shorted

3.08% of the outstanding shares of Brookfield Renewable have been sold short.

Short Interest Ratio / Days to Cover

Brookfield Renewable has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Brookfield Renewable has recently increased by 13.55%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.60

News Sentiment

Brookfield Renewable has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Brookfield Renewable this week, compared to 6 articles on an average week.

Search Interest

Only 7 people have searched for BEPC on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.

MarketBeat Follows

7 people have added Brookfield Renewable to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Brookfield Renewable insiders have not sold or bought any company stock.

Percentage Held by Institutions

75.12% of the stock of Brookfield Renewable is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BEPC Stock Analysis - Frequently Asked Questions

How have BEPC shares performed this year?

Brookfield Renewable's stock was trading at $28.79 at the beginning of 2024. Since then, BEPC stock has decreased by 1.7% and is now trading at $28.30.
View the best growth stocks for 2024 here.

How were Brookfield Renewable's earnings last quarter?

Brookfield Renewable Co. (NYSE:BEPC) released its earnings results on Friday, November, 8th. The company reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.28) by $0.04. The company had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.37 billion. Brookfield Renewable had a trailing twelve-month return on equity of 0.43% and a net margin of 1.16%.

Who are Brookfield Renewable's major shareholders?

Top institutional investors of Brookfield Renewable include Principal Financial Group Inc. (2.35%), Principal Financial Group Inc. (2.35%), FMR LLC (2.04%) and Parnassus Investments LLC (1.48%).

How do I buy shares of Brookfield Renewable?

Shares of BEPC 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.
Compare Top Brokerages Here.

What other stocks do shareholders of Brookfield Renewable own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brookfield Renewable investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Exxon Mobil (XOM), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Last Earnings: 11/08/2024
• Ex-Dividend for 12/31 Dividend: 11/29/2024
• Today: 12/21/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NYSE:BEPC
• CUSIP: N/A
• CIK: 1791863
• Web: bep.brookfield.com
• Phone: 212-417-7000
• Fax: N/A
• Employees: 1,890
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.00
• High Stock Price Target: $34.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +20.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.82)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-181,000,000.00
• Net Margins: 1.16%
• Pretax Margin: -17.05%
• Return on Equity: 0.43%
• Return on Assets: 0.15%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 0.51
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $4.22 billion
• Price / Sales: 1.20
• Cash Flow: $10.33 per share
• Price / Cash Flow: 2.74
• Book Value: $95.35 per share
• Price / Book: 0.30

Miscellaneous

• Outstanding Shares: 179,641,000
• Free Float: N/A
• Market Cap: $5.08 billion
• Optionable: Optionable
• Beta: 1.19