Should I buy or sell Brookfield Renewable stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BEPC shares. View BEPC analyst ratings or view top-rated stocks .

What is Brookfield Renewable's stock price target for 2024?

2 Wall Street analysts have issued 12 month price targets for Brookfield Renewable's stock. Their BEPC share price targets range from $34.00 to $34.00. On average, they predict the company's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 51.9% from the stock's current price. View analysts price targets for BEPC or view top-rated stocks among Wall Street analysts .

How have BEPC shares performed in 2024?

Brookfield Renewable's stock was trading at $28.79 on January 1st, 2024. Since then, BEPC shares have decreased by 22.3% and is now trading at $22.38. View the best growth stocks for 2024 here .

Are investors shorting Brookfield Renewable?

Brookfield Renewable saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 7,030,000 shares, an increase of 23.3% from the March 15th total of 5,700,000 shares. Based on an average trading volume of 1,040,000 shares, the days-to-cover ratio is presently 6.8 days. Currently, 3.9% of the shares of the company are short sold. View Brookfield Renewable's Short Interest .

When is Brookfield Renewable's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our BEPC earnings forecast .

How were Brookfield Renewable's earnings last quarter?

Brookfield Renewable Co. (NYSE:BEPC) released its earnings results on Friday, February, 2nd. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.14) by $0.15. The business earned $1.32 billion during the quarter, compared to the consensus estimate of $1.21 billion. Brookfield Renewable had a net margin of 12.23% and a trailing twelve-month return on equity of 3.67%.

How often does Brookfield Renewable pay dividends? What is the dividend yield for Brookfield Renewable?

Brookfield Renewable declared a quarterly dividend on Friday, February 2nd. Investors of record on Thursday, February 29th will be paid a dividend of $0.355 per share on Thursday, March 28th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.34. Read our dividend analysis for BEPC .

Is Brookfield Renewable a good dividend stock?

Brookfield Renewable (NYSE:BEPC) pays an annual dividend of $1.42 per share and currently has a dividend yield of 6.51%. BEPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for BEPC .

What ETFs hold Brookfield Renewable's stock?

ETFs with the largest weight of Brookfield Renewable (NYSE:BEPC) stock in their portfolio include First Trust Utilities AlphaDEX Fund (FXU) , Fidelity Clean Energy ETF (FRNW) , Ecofin U.S. Renewables Infrastructure Trust (RNEW) , AXS Green Alpha ETF (NXTE) , Goldman Sachs ETF Trust Goldman (GPOW) , Gabelli Love Our Planet & People ETF (LOPP) , VanEck Low Carbon Energy ETF (SMOG) and Strategy Shares Halt Climate Change ETF (NZRO) .

What other stocks do shareholders of Brookfield Renewable own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Renewable investors own include Alibaba Group (BABA) , Alphabet (GOOG) , Netflix (NFLX) , Shopify (SHOP) , Trade Desk (TTD) , Adobe (ADBE) , Accenture (ACN) , Apollo Global Management (APO) , American Tower (AMT) and ARK Innovation ETF (ARKK) .

Who are Brookfield Renewable's major shareholders?

Brookfield Renewable's stock is owned by a number of institutional and retail investors. Top institutional shareholders include AMF Tjanstepension AB (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), Green Alpha Advisors LLC (0.06%), Alaska Permanent Fund Corp (0.04%), InTrack Investment Management Inc (0.03%) and Investment Partners Asset Management Inc. (0.03%).

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 .

NYSE:BEPC

Brookfield Renewable (BEPC) Stock Price, News & Analysis

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$22.34

+0.18 (+0.81%)

(As of 04:37 PM ET)

Compare

Today's Range: $22.11
▼
$22.41
50-Day Range: $21.57
▼
$25.99
52-Week Range: $21.35
▼
$36.16

Volume: 991,017 shs
Average Volume: 1.05 million shs
Market Capitalization: $4.01 billion

P/E Ratio: N/A
Dividend Yield: 6.36%
Price Target: $34.00

Get Brookfield Renewable alerts:

Brookfield Renewable MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 51.9% Upside
$34.00 Price Target
Short Interest: Bearish
3.91% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: 2.17
Upright™ Environmental Score
News Sentiment: 0.11
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($1.11) to ($1.13) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.07 out of 5 stars

Oils/Energy Sector

41st out of 231 stocks

Electric Services Industry

15th out of 41 stocks

3.5

Analyst's Opinion

Consensus Rating
Brookfield Renewable has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Brookfield Renewable has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.91% of the float of Brookfield Renewable has been sold short.
Short Interest Ratio / Days to Cover
Brookfield Renewable has a short interest ratio ("days to cover") of 6.8.
Change versus previous month
Short interest in Brookfield Renewable has recently increased by 23.33%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Brookfield Renewable is a leading dividend payer. It pays a dividend yield of 6.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Brookfield Renewable has only been increasing its dividend for 3 years.

4.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Brookfield Renewable has received a 68.17% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity produced with run-of-river hydropower", "Electricity produced with storage hydropower", and "Electricity produced with wind power" products. See details.
Environmental Sustainability
The Environmental Impact score for Brookfield Renewable is 2.17.

1.7

News and Social Media Coverage

News Sentiment
Brookfield Renewable has a news sentiment score of 0.11. 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 is a lower news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Brookfield Renewable this week, compared to 3 articles on an average week.
Search Interest
21 people have searched for BEPC on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Brookfield Renewable to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

1.7

Company Ownership

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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Brookfield Renewable are expected to decrease in the coming year, from ($1.11) to ($1.13) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Brookfield Renewable is -69.94, 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 -69.94, 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 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Brookfield Renewable Stock (NYSE:BEPC)

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.

BEPC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BEPC Stock News Headlines

April 18, 2024 | americanbankingnews.com

Brookfield Renewable (NYSE:BEPC) Sets New 52-Week Low at $21.35

April 3, 2024 | fool.com

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April 1, 2024 | globenewswire.com

Brookfield Renewable to Host First Quarter 2024 Results Conference Call

April 1, 2024 | fool.com

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Tiny Biotech Stock Wins $75 Billion Patent

March 25, 2024 | globenewswire.com

Brookfield Renewable Announces $150 Million Green Perpetual Subordinated Note Issuance and Intention to Redeem Series 15 Preferred Units

March 24, 2024 | fool.com

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March 1, 2024 | globenewswire.com

Brookfield Renewable Completes Annual Filings

February 27, 2024 | seekingalpha.com

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February 23, 2024 | money.usnews.com

8 Best Green Stocks and ETFs to Buy for 2024

February 16, 2024 | fool.com

Brookfield Renewable Corporation: Buy, Sell, or Hold?

February 11, 2024 | msn.com

3 Unique Dividend Opportunities in the Energy Patch

February 8, 2024 | msn.com

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February 5, 2024 | finance.yahoo.com

Why Plug Power, SunPower, and Brookfield Renewable Stocks All Dropped Today

February 4, 2024 | markets.businessinsider.com

Wells Fargo Keeps Their Buy Rating on Brookfield Renewable (BEPC)

See More Headlines

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Company Calendar

Last Earnings: 2/02/2024
Ex-Dividend for 3/28 Dividend: 2/28/2024
Dividend Payable: 3/28/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/03/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Electric services
Sub-Industry: N/A
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: +53.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.32)
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: 12.23%
Pretax Margin: 8.37%
Return on Equity: 3.67%
Return on Assets: 1.36%

Debt

Debt-to-Equity Ratio: 0.83
Current Ratio: 0.40
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: $5.04 billion
Price / Sales: 0.79
Cash Flow: $11.08 per share
Price / Cash Flow: 2.00
Book Value: $95.35 per share
Price / Book: 0.23

Miscellaneous

Outstanding Shares: 179,650,000
Free Float: N/A
Market Cap: $3.98 billion
Optionable: Optionable
Beta: 1.09

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Key Executives

Mr. Connor David Teskey (Age 36)
President of Brookfield Asset Management and CEO of Renewable Power & Transition
Mr. Wyatt Hartley (Age 43)
CFO and Managing Partner of Renewable Power & Transition
Comp: $515.2k
Ms. Jennifer Mazin (Age 50)
Managing Partner of Renewable Power & Transition, General Counsel & Corporate Secretary
Comp: $538.92k
Mr. F. Mitchell Davidson (Age 61)
Managing Partner of Renewable Power & Transition and CEO of U.S. Operations
Comp: $1.22M
Ms. Natalie Johanna Adomait
Managing Partner of Renewable Power & Transition
Ms. Madeleine Bourdon
Managing Director of Renewable Power & Transition
Mr. Daniel Cheng
Managing Partner of Renewable Power & Transition
Mr. Andre Flores
Managing Partner of Renewable Power & Transition
Mr. Brian Cook
Managing Director of Renewable Power & Transition
Mr. Julian Deschatelets (Age 49)
Managing Partner of Renewable Power & Transition

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BEPC Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield Renewable stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BEPC shares.
View BEPC analyst ratings or view top-rated stocks.
What is Brookfield Renewable's stock price target for 2024?: 2 Wall Street analysts have issued 12 month price targets for Brookfield Renewable's stock. Their BEPC share price targets range from $34.00 to $34.00. On average, they predict the company's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 51.9% from the stock's current price.
View analysts price targets for BEPC or view top-rated stocks among Wall Street analysts.
How have BEPC shares performed in 2024?: Brookfield Renewable's stock was trading at $28.79 on January 1st, 2024. Since then, BEPC shares have decreased by 22.3% and is now trading at $22.38.
View the best growth stocks for 2024 here.
Are investors shorting Brookfield Renewable?: Brookfield Renewable saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 7,030,000 shares, an increase of 23.3% from the March 15th total of 5,700,000 shares. Based on an average trading volume of 1,040,000 shares, the days-to-cover ratio is presently 6.8 days. Currently, 3.9% of the shares of the company are short sold.
View Brookfield Renewable's Short Interest.
When is Brookfield Renewable's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our BEPC earnings forecast.
How were Brookfield Renewable's earnings last quarter?: Brookfield Renewable Co. (NYSE:BEPC) released its earnings results on Friday, February, 2nd. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.14) by $0.15. The business earned $1.32 billion during the quarter, compared to the consensus estimate of $1.21 billion. Brookfield Renewable had a net margin of 12.23% and a trailing twelve-month return on equity of 3.67%.

How often does Brookfield Renewable pay dividends? What is the dividend yield for Brookfield Renewable?: Brookfield Renewable declared a quarterly dividend on Friday, February 2nd. Investors of record on Thursday, February 29th will be paid a dividend of $0.355 per share on Thursday, March 28th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for BEPC.
Is Brookfield Renewable a good dividend stock?: Brookfield Renewable (NYSE:BEPC) pays an annual dividend of $1.42 per share and currently has a dividend yield of 6.51%. BEPC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BEPC.
What ETFs hold Brookfield Renewable's stock?: ETFs with the largest weight of Brookfield Renewable (NYSE:BEPC) stock in their portfolio include First Trust Utilities AlphaDEX Fund (FXU), Fidelity Clean Energy ETF (FRNW), Ecofin U.S. Renewables Infrastructure Trust (RNEW), AXS Green Alpha ETF (NXTE), Goldman Sachs ETF Trust Goldman (GPOW), Gabelli Love Our Planet & People ETF (LOPP), VanEck Low Carbon Energy ETF (SMOG) and Strategy Shares Halt Climate Change ETF (NZRO).
What other stocks do shareholders of Brookfield Renewable own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Renewable investors own include Alibaba Group (BABA), Alphabet (GOOG), Netflix (NFLX), Shopify (SHOP), Trade Desk (TTD), Adobe (ADBE), Accenture (ACN), Apollo Global Management (APO), American Tower (AMT) and ARK Innovation ETF (ARKK).
Who are Brookfield Renewable's major shareholders?: Brookfield Renewable's stock is owned by a number of institutional and retail investors. Top institutional shareholders include AMF Tjanstepension AB (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.15%), Green Alpha Advisors LLC (0.06%), Alaska Permanent Fund Corp (0.04%), InTrack Investment Management Inc (0.03%) and Investment Partners Asset Management Inc. (0.03%).
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.

This page (NYSE:BEPC) was last updated on 4/19/2024 by MarketBeat.com Staff

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