1 day Ago By Defense World Staff
Brookfield Renewable Co. ( NYSE:BEPC – Get Free Report ) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 6,290,000 shares, an increase of 8.
6% from the August 15th total of 5,790,000 shares. Based on an average daily volume of 814,400 shares, the days-to-cover ratio is presently 7.7 days.
Analyst Upgrades and Downgrades Separately, JPMorgan Chase & Co. raised their price target on Brookfield Renewable from $30.00 to $33.
00 and gave the company a “neutral” rating in a research report on Tuesday, July 16th. Get Our Latest Stock Report on BEPC Institutional Inflows and Outflows Brookfield Renewable Price Performance BEPC stock traded up $0.01 on Wednesday, reaching $30.
20. The company had a trading volume of 771,018 shares, compared to its average volume of 954,290. The company’s fifty day moving average is $28.
58 and its 200 day moving average is $27.73. The company has a market cap of $5.
43 billion, a P/E ratio of -65.98 and a beta of 1.18.
The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.40 and a current ratio of 0.
40. Brookfield Renewable has a 1 year low of $21.35 and a 1 year high of $32.
83. Brookfield Renewable ( NYSE:BEPC – Get Free Report ) last posted its quarterly earnings data on Friday, August 2nd. The company reported ($0.
28) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.01).
The company had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.51 billion.
Brookfield Renewable had a return on equity of 0.79% and a net margin of 2.37%.
On average, research analysts forecast that Brookfield Renewable will post -1.02 earnings per share for the current year. Brookfield Renewable Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th.
Investors of record on Friday, August 30th will be paid a dividend of $0.355 per share. This represents a $1.
42 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend is Friday, August 30th.
Brookfield Renewable’s payout ratio is -308.70%. About Brookfield Renewable ( Get Free Report ) 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. See Also Five stocks we like better than Brookfield Renewable What is a Dividend King? How Much Can You Make in Stocks in One Month? What are earnings reports? This Is the Top Large-Cap Stock Insiders Are Buying The How And Why of Investing in Oil Stocks Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside Receive News & Ratings for Brookfield Renewable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Renewable and related companies with MarketBeat.com's FREE daily email newsletter .
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