Brookfield Renewable (BEPC) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable in the last year. There are currently 1 buy rating 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.

1 brokers have issued 1-year price objectives for Brookfield Renewable's stock. Their BEPC share price forecasts 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 24.3% from the stock's current price.
View analysts price targets for BEPC or view top-rated stocks among Wall Street analysts.

Brookfield Renewable's stock was trading at $27.54 at the start of the year. Since then, BEPC shares have decreased by 0.7% and is now trading at $27.36.
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Brookfield Renewable saw a increase in short interest in August. As of August 31st, there was short interest totaling 4,740,000 shares, an increase of 28.5% from the August 15th total of 3,690,000 shares. Based on an average daily trading volume, of 595,500 shares, the short-interest ratio is presently 8.0 days. Approximately 2.7% of the shares of the stock are sold short.
View Brookfield Renewable's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our BEPC earnings forecast.

Brookfield Renewable Co. (NYSE:BEPC) issued its quarterly earnings results on Friday, August, 4th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.03. The company earned $719 million during the quarter, compared to the consensus estimate of $1.39 billion. Brookfield Renewable had a net margin of 6.43% and a trailing twelve-month return on equity of 1.98%.

Brookfield Renewable declared a quarterly dividend on Friday, August 4th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.338 per share on Friday, September 29th. This represents a $1.35 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date of this dividend is Wednesday, August 30th.
Read our dividend analysis for BEPC.

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

Brookfield Renewable (NYSE:BEPC) pays an annual dividend of $1.35 per share and currently has a dividend yield of 5.02%. 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.

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).

Brookfield Renewable trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEPC."

Brookfield Renewable's stock is owned by a number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (2.41%), BlackRock Inc. (2.02%), ClearBridge Investments Ltd (1.89%), Scotia Capital Inc. (0.88%), Clearbridge Investments LLC (0.86%) and Renaissance Technologies LLC (0.85%).

Shares of BEPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BEPC stock can currently be purchased for approximately $27.36.

Brookfield Renewable (NYSE:BEPC) has a market capitalization of $4.92 billion and generates $3.82 billion in revenue each year. The company earns $1.50 billion in net income (profit) each year or ($0.60) on an earnings per share basis.

The company employs 1,890 workers across the globe.

Brookfield Renewable's mailing address is 250 VESEY STREET 15TH FLOOR, NEW YORK NY, 10281. The official website for the company is bep.brookfield.com. The company can be reached via phone at 212-417-7000.