Brookfield Renewable (BEPC) to Release Quarterly Earnings on Friday

Brookfield Renewable (NYSE:BEPC - Get Free Report) will likely be announcing its Q1 2025 earnings results 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 data on Friday, January 31st. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate 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

Brookfield Renewable stock traded down $0.31 during mid-day trading on Wednesday, reaching $28.49. The company had a trading volume of 1,335,453 shares, compared to its average volume of 970,365. The company has a quick ratio of 0.51, a current ratio of 0.27 and a debt-to-equity ratio of 0.89. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of -32.01 and a beta of 1.16. The company has a 50 day moving average of $27.65 and a 200-day moving average of $28.63. Brookfield Renewable has a 52 week low of $23.25 and a 52 week high of $35.14.

Brookfield Renewable Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were given a dividend of $0.373 per share. The ex-dividend date was Friday, February 28th. This represents a $1.49 dividend on an annualized basis and a dividend yield of 5.24%. This is a positive change from Brookfield Renewable's previous quarterly dividend of $0.36. Brookfield Renewable's dividend payout ratio is currently -167.42%.

Analyst Ratings Changes

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

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.