OTCMKTS:EDRVF

EDP Renováveis (EDRVF) Stock Forecast, Price & News

$16.51

0.00 (0.00%)

(As of 09/28/2023 ET)

Compare

Today's Range: $16.51
▼
$16.51
50-Day Range: $16.51
▼
$20.55
52-Week Range: $16.51
▼
$24.39

Volume: 18,680 shs
Average Volume: 1,164 shs
Market Capitalization: N/A

P/E Ratio: 168.77
Dividend Yield: 0.19%
Price Target: $19.00

Profile Analyst Ratings Chart Competitors Headlines Short Interest

EDP Renováveis MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 15.1% Upside
$19.00 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.16
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.07 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
EDP Renováveis has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $19.00, EDP Renováveis has a forecasted upside of 15.1% from its current price of $16.51.
Amount of Analyst Coverage
EDP Renováveis has only been the subject of 2 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
EDP Renováveis has a short interest ratio ("days to cover") of 640, which indicates bearish sentiment.
Change versus previous month
Short interest in EDP Renováveis has recently increased by 10.50%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
EDP Renováveis has a dividend yield of 0.65%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
EDP Renováveis does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of EDP Renováveis is 32.30%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EDRVF.

1.8

News and Social Media Coverage

News Sentiment
EDP Renováveis has a news sentiment score of 0.16. 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 0.43 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for EDP Renováveis this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EDP Renováveis insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 14.01% of the stock of EDP Renováveis is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of EDP Renováveis is 168.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of EDP Renováveis is 168.77, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 88.06.

See Top Rated MarketRank™ Stocks Here

About EDP Renováveis (OTCMKTS:EDRVF) Stock

EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had an installed capacity of 5,908 megawatts in the United States; 2,194 megawatts in Spain; 795 megawatts in Brazil; and 1,142 megawatts in Portugal. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A.

EDRVF Price History

30 days | 90 days | 365 days | Advanced Chart

EDRVF Stock News Headlines

September 29, 2023 | ft.com

Solar supply chains must diversify away from China, warns EDP

September 23, 2023 | americanbankingnews.com

EDP Renováveis, S.A. (OTCMKTS:EDRVF) Receives Average Recommendation of "Moderate Buy" from Analysts

September 29, 2023 | Tradewins (Ad)

Successful Options Trading Begins With…

Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month!

September 23, 2023 | americanbankingnews.com

EDP Renováveis (OTCMKTS:EDRVF) Lifted to "Buy" at Societe Generale

September 21, 2023 | americanbankingnews.com

EDP Renováveis, S.A. (OTCMKTS:EDRVF) Short Interest Up 8.0% in August

July 27, 2023 | marketwatch.com

EDP Renovaveis 1H Net Profit Fell on Lower Prices, Costs

July 7, 2023 | finance.yahoo.com

EDW.SG - EDP Renovaveis SA

June 19, 2023 | finance.yahoo.com

EDP Renewables and NIPSCO Enter Into Long-Term Agreement for the 198-Megawatt Carpenter Wind Farm in Indiana

September 29, 2023 | Tradewins (Ad)

Successful Options Trading Begins With…

May 24, 2023 | finance.yahoo.com

RPT-EDP plans wider Asian role with renewable power supplies to Japan, Korea firms

April 25, 2023 | finance.yahoo.com

UPDATED: Google and EDPR Partner on 500 MW AC Environmental Justice Program, Marking the Largest Corporate Backing of Distributed Solar in the U.S.

April 24, 2023 | finance.yahoo.com

Google and EDPR Partner on 500 MW AC Environmental Justice Program, Marking the Largest Corporate Backing of Distributed Solar in the United States

March 10, 2023 | msn.com

EDP Renovaveis seeks to sell wind farms in Spain, Expansion reports

January 10, 2023 | msn.com

EDP Renovaveis to sue Romania, Poland over energy taxes

November 14, 2022 | finance.yahoo.com

EDP Renewables Receives Houston Chronicle’s Top Workplaces Award for the Houston Metro Area and Culture Excellence Awards

October 31, 2022 | finance.yahoo.com

Redbed Plains Wind Farm Celebrates Five Years of Renewable Energy Production in Grady County

October 26, 2022 | marketwatch.com

EDP Renovaveis Nine-Month Earnings Rose, Powered by Higher Selling Prices

October 4, 2022 | finance.yahoo.com

EDP Renewables Celebrates the Start of Construction on the Indiana Crossroads II Wind Farm

November 17, 2021 | markets.businessinsider.com

EDP Renovaveis, SA earnings: here's what Wall Street expects

July 26, 2021 | markets.businessinsider.com

EDP Renovaveis, SA is about to announce earnings — here's what Wall Street expects

May 11, 2021 | uk.finance.yahoo.com

EDP Renováveis, S.A. (EDRVF)

March 23, 2021 | finance.yahoo.com

NIPSCO, EDP Renewables to Bring Indiana Crossroads II Wind Farm and Indiana Crossroads Solar Park to Northwest Indiana

March 4, 2021 | morningstar.com

EDP Renovaveis Completes Bookbuild of Around EUR1.5 Billion

March 3, 2021 | finance.yahoo.com

EDP Renewables Announces Acquisition Closing, Acquiring 85% Stake in C2 Omega

March 3, 2021 | reuters.com

EDP Renovaveis raises 1.5 billion euros to help fund investment

March 2, 2021 | morningstar.com

EDP Renovaveis Plans Capital Increase of Around EUR1.5 Billion — Update

February 24, 2021 | finance.yahoo.com

EDP Renovaveis S.A. to Host Earnings Call

See More Headlines

Receive EDRVF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EDP Renováveis and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Utilities—Renewable
Sub-Industry: N/A
Sector: Utilities
Current Symbol: OTCMKTS:EDRVF
CUSIP: N/A
CIK: N/A
Web: www.edpr.com
Phone: (491) 423-8402
Fax: N/A
Employees: 3,116
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $19.00
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: +15.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 168.77
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

10 Best Cheap Stocks to Buy Now

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Miguel Stilwell de Andrade (Age 47)
CEO & VP of the Board
Comp: $595.14k

Mr. Rui Manuel Rodrigues Lopes Teixeira (Age 51)
CFO & Exec. Director
Comp: $449.45k

Bautista Rodriguez
CTO & Bus. Offshore

Mr. Duarte Melo de Castro Bello (Age 44)
Chief Operating Officer of Europe & Latin America

Sandhya Ganapathy
Chief Operating Officer of North America

Mr. Pedro Collares Vasconcelos (Age 41)
Chief Operating Officer of APAC

Key Competitors

View All Competitors

EDRVF Stock - Frequently Asked Questions

Should I buy or sell EDP Renováveis stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EDP Renováveis in the last twelve months. There are currently 1 sell rating, 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EDRVF shares.
View EDRVF analyst ratings or view top-rated stocks.
What is EDP Renováveis' stock price forecast for 2023?: 6 Wall Street research analysts have issued 1-year price targets for EDP Renováveis' shares. Their EDRVF share price forecasts range from $19.00 to $19.00. On average, they anticipate the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for EDRVF or view top-rated stocks among Wall Street analysts.
How have EDRVF shares performed in 2023?: EDP Renováveis' stock was trading at $22.39 at the beginning of 2023. Since then, EDRVF stock has decreased by 26.2% and is now trading at $16.5129.
View the best growth stocks for 2023 here.
Are investors shorting EDP Renováveis?: EDP Renováveis saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,088,000 shares, an increase of 10.5% from the August 31st total of 984,600 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 640.0 days.
View EDP Renováveis' Short Interest.

Is EDP Renováveis a good dividend stock?: EDP Renováveis (OTCMKTS:EDRVF) pays an annual dividend of $0.03 per share and currently has a dividend yield of 0.65%. The dividend payout ratio is 32.30%. This payout ratio is at a healthy, sustainable level, below 75%.
What is EDP Renováveis' stock symbol?: EDP Renováveis trades on the OTCMKTS under the ticker symbol "EDRVF."
How do I buy shares of EDP Renováveis?: Shares of EDRVF 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.
Compare Top Brokerages Here.
What is EDP Renováveis' stock price today?: One share of EDRVF stock can currently be purchased for approximately $16.51.
How many employees does EDP Renováveis have?: The company employs 3,116 workers across the globe.
How can I contact EDP Renováveis?: EDP Renováveis' mailing address is Plaza de la Gesta, 2, Oviedo, Asturias 33007. The official website for the company is www.edpr.com. The company can be reached via phone at (491) 423-8402.

This page (OTCMKTS:EDRVF) was last updated on 9/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial