Centrais Elétricas Brasileiras S.A. - Eletrobrás - EBR Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centrais Elétricas Brasileiras S.A. - Eletrobrás in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EBR shares.
View EBR analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1-year price targets for Centrais Elétricas Brasileiras S.A. - Eletrobrás' shares. Their EBR share price forecasts range from $70.00 to $70.00. On average, they anticipate the company's stock price to reach $70.00 in the next year. This suggests a possible upside of 760.0% from the stock's current price.
View analysts price targets for EBR or view top-rated stocks among Wall Street analysts.

Centrais Elétricas Brasileiras S.A. - Eletrobrás' stock was trading at $7.93 on January 1st, 2023. Since then, EBR shares have increased by 2.6% and is now trading at $8.14.
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Centrais Elétricas Brasileiras S.A. - Eletrobrás saw a decline in short interest in December. As of December 30th, there was short interest totaling 1,090,000 shares, a decline of 40.8% from the December 15th total of 1,840,000 shares. Based on an average trading volume of 2,440,000 shares, the days-to-cover ratio is presently 0.4 days.
View Centrais Elétricas Brasileiras S.A. - Eletrobrás' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, March 17th 2023.
View our EBR earnings forecast.

Centrais Elétricas Brasileiras S.A. - Eletrobrás announced an annual dividend on Monday, April 25th. Shareholders of record on Thursday, May 5th will be paid a dividend of $0.131 per share on Thursday, May 5th. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Wednesday, May 4th.
Read our dividend analysis for EBR.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR) pays an annual dividend of $0.13 per share and currently has a dividend yield of 1.57%. The dividend payout ratio is 18.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EBR will have a dividend payout ratio of 13.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EBR.

1 employees have rated Centrais Elétricas Brasileiras S.A. - Eletrobrás Chief Executive Officer Jose da Costa Carvalho Neto on Glassdoor.com. Jose da Costa Carvalho Neto has an approval rating of 100% among the company's employees. This puts Jose da Costa Carvalho Neto in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Centrais Elétricas Brasileiras S.A. - Eletrobrás investors own include Pfizer (PFE), CEMIG (CIG), Banco Bradesco (BBD), Petróleo Brasileiro S.A. - Petrobras (PBR), Rigel Pharmaceuticals (RIGL), AstraZeneca (AZN), Dynavax Technologies (DVAX), Ampio Pharmaceuticals (AMPE), Telefonaktiebolaget LM Ericsson (publ) (ERIC) and Idera Pharmaceuticals (IDRA).

Centrais Elétricas Brasileiras S.A. - Eletrobrás trades on the New York Stock Exchange (NYSE) under the ticker symbol "EBR."

Centrais Elétricas Brasileiras S.A. - Eletrobrás' stock is owned by a variety of institutional and retail investors. Top institutional investors include Deltec Asset Management LLC (0.00%), Natixis Advisors L.P. (0.00%), Vestmark Advisory Solutions Inc. (0.00%) and Harel Insurance Investments & Financial Services Ltd. (0.00%).

Shares of EBR 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 EBR stock can currently be purchased for approximately $8.14.

Centrais Elétricas Brasileiras S.A. - Eletrobrás (NYSE:EBR) has a market capitalization of $12.77 billion and generates $6.97 billion in revenue each year. The utilities provider earns $1.05 billion in net income (profit) each year or $0.69 on an earnings per share basis.

The company employs 12,126 workers across the globe.

Centrais Elétricas Brasileiras S.A. - Eletrobrás' mailing address is RUA DA QUITANDA 196 24TH FLOOR CENTRO, RIO DE JANEIRO D5, 20091-005. The official website for the company is www.eletrobras.com. The utilities provider can be reached via phone at 552125146333, via email at df@eletrobras.com, or via fax at 55-21-2514-5964.