Should I buy or sell EDP Renováveis stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EDP Renováveis in the last year. 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 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 target for 2024?

6 brokers have issued 1 year price targets for EDP Renováveis' stock. Their EDRVF share price targets range from $19.00 to $19.00. On average, they expect the company's share price to reach $19.00 in the next year. This suggests a possible upside of 6.7% 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 on January 1st, 2023. Since then, EDRVF stock has decreased by 20.5% and is now trading at $17.8020. View the best growth stocks for 2023 here .

Are investors shorting EDP Renováveis?

EDP Renováveis saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 1,117,100 shares, a decline of 7.3% from the October 31st total of 1,205,000 shares. Based on an average trading volume of 4,800 shares, the short-interest ratio is presently 232.7 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%.

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 .

EDP Renováveis Stock Price, News & Analysis (OTCMKTS:EDRVF)

$17.80

0.00 (0.00%)

(As of 11/29/2023 ET)

Compare

Today's Range: $17.80
▼
$17.80
50-Day Range: $14.63
▼
$17.80
52-Week Range: $14.46
▼
$24.39

Volume: N/A
Average Volume: 1,502 shs
Market Capitalization: N/A

P/E Ratio: 181.95
Dividend Yield: 0.18%
Price Target: $19.00

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

EDP Renováveis MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 6.7% Upside
$19.00 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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

1.3

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 6.7% from its current price of $17.80.
Amount of Analyst Coverage
EDP Renováveis has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
EDP Renováveis has a short interest ratio ("days to cover") of 232.7, which indicates bearish sentiment.
Change versus previous month
Short interest in EDP Renováveis has recently decreased by 7.29%, indicating that investor sentiment is improving 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.

2.8

News and Social Media Coverage

News Sentiment
EDP Renováveis has a news sentiment score of 1.00. 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 higher news sentiment than the 0.42 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 1 news article 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 181.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 121.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of EDP Renováveis is 181.95, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 99.08.

See Top Rated MarketRank™ Stocks Here

About EDP Renováveis Stock (OTCMKTS:EDRVF)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EDRVF Stock News Headlines

November 21, 2023 | americanbankingnews.com

EDP Renováveis (OTCMKTS:EDRVF) Shares Pass Below Two Hundred Day Moving Average of $18.63

October 31, 2023 | morningstar.com

EDP Renovaveis SA EDPR

November 30, 2023 | Autonomix (Ad)

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October 31, 2023 | finance.yahoo.com

EDP Renewables net profit increases to 467 million euros in the first nine months of 2023

October 31, 2023 | marketwatch.com

EDP Renovaveis Posts Lower Revenue on Decreasing Selling Prices

September 29, 2023 | ft.com

Solar supply chains must diversify away from China, warns EDP

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

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

June 19, 2023 | finance.yahoo.com

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

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

See More Headlines

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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 Target: $19.00
High Stock Price Target: $19.00
Low Stock Price Target: $19.00
Potential Upside/Downside: +6.7%
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: 181.95
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

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Key Executives

Mr. Miguel Stilwell de Andrade (Age 47)
CEO & Vice President of the Board
Comp: $610.06k
Mr. Rui Manuel Rodrigues Lopes Teixeira (Age 51)
CFO & Executive Director
Comp: $460.73k
Bautista Rodriguez
CTO & Business Offshore
Mr. Duarte Melo de Castro Bello (Age 44)
Chief Operating Officer of Europe & Latin America
Comp: $5.63k
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 Analysis - Frequently Asked Questions

Should I buy or sell EDP Renováveis stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EDP Renováveis in the last year. 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 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 target for 2024?: 6 brokers have issued 1 year price targets for EDP Renováveis' stock. Their EDRVF share price targets range from $19.00 to $19.00. On average, they expect the company's share price to reach $19.00 in the next year. This suggests a possible upside of 6.7% 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 on January 1st, 2023. Since then, EDRVF stock has decreased by 20.5% and is now trading at $17.8020.
View the best growth stocks for 2023 here.
Are investors shorting EDP Renováveis?: EDP Renováveis saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 1,117,100 shares, a decline of 7.3% from the October 31st total of 1,205,000 shares. Based on an average trading volume of 4,800 shares, the short-interest ratio is presently 232.7 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%.
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.

This page (OTCMKTS:EDRVF) was last updated on 11/30/2023 by MarketBeat.com Staff

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