Streetbeat News

BEPC

Brookfield Renewable Corporation

https://bep.brookfield.com/bepc

Industry

Renewable Utilities

Brookfield Renewable Corporation owns and operates a portfolio of renewable energy power generating facilities primarily in the United States, Europe, Colombia, and Brazil. It operates hydroelectric, wind, and solar power plants with an installed capacity of approximately 12,723 megawatts. The company was incorporated in 2019 and is headquartered in New York, New York.

Open

28.30

Mkt cap

4.1B

Volume

786K

High

28.70

P/E Ratio

21.55

52-wk high

35.14

Low

28.21

Div yield

0.05

52-wk low

21.35

JP Morgan analyst Mark Strouse maintains a Neutral rating on Brookfield Renewable (NYSE:BEPC) and raises the price target from $30 to $33.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 3:05 pm

Brookfield Renewable (NYSE:BEPC) reported Q1 2024 earnings with a GAAP EPS of $(0.23), surpassing the $(0.29) estimate, and sales of $1.492B, exceeding the $1.455B estimate. This represents a 155.56% decrease in EPS and a 12.10% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:13 am

Earnings reports for February 2, 2024, include major companies across various sectors. Expectations include a mix of profits and losses, with significant revenues projected for companies like Exxon Mobil and Chevron. The diversity of sectors reporting may provide insights into broader economic trends.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 10:28 am

Brookfield Renewable (NYSE:BEPC) is scheduled to release its quarterly earnings report on 2024-02-02, with analysts expecting an EPS of $-0.14. The focus for investors will be on whether BEPC beats this estimate and provides positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on actual EPS outcomes and guidance. Shares are currently trading at $27.92, down 1.06% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:01 pm

Benzinga Insights has identified five value stocks in the utilities sector based on their low P/E ratios, indicating potential undervaluation. The stocks are Hawaiian Electric Indus (HE), Enel Chile (ENIC), Altus Power (AMPS), Cia Energetica DE Minas (CIG), and Brookfield Renewable (BEPC). The article provides recent earnings per share data and dividend yield changes for these companies, suggesting they may be worth watching by investors.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 2:38 pm

Benzinga Insights identifies five value stocks in the utilities sector based on low P/E ratios and recent financial performance. Hawaiian Electric Indus (HE) reported increased EPS and a slight dividend yield rise. TransAlta (TAC) showed a significant EPS increase but a slight dividend yield decrease. OPAL Fuels (OPAL) improved its EPS. Brookfield Renewable (BEPC) reported a negative EPS and an increased dividend yield. Suburban Propane Partners (SPH) had a decrease in EPS and dividend yield.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 2:38 pm

Benzinga Insights has identified five value stocks in the utilities sector based on low P/E ratios and recent financial performance. Enel Chile (ENIC) and TransAlta (TAC) reported increases in EPS, while Brookfield Renewable (BEPC) and Suburban Propane Partners (SPH) saw decreases. Hawaiian Electric Indus (HE) reported an increase in EPS. Dividend yields varied, with ENIC's and SPH's decreasing, BEPC's and HE's increasing, and TAC's slightly decreasing.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 2:38 pm

Brookfield Renewable plans to issue C$400M in Medium-Term Notes Series 17 at an annual interest rate of 5.318%. The notes will be issued under a base shelf prospectus dated September 8, 2023, and related supplements to be dated January 8, 2024. The expected closing date is on or about January 10, 2024, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 6:19 am

The article identifies notable value stocks in the utilities sector based on their low P/E ratios, suggesting potential undervaluation. OPAL Fuels, Cia Energetica DE Minas, Brookfield Renewable, Hawaiian Electric Industries, and Suburban Propane Partners are highlighted with their respective P/E ratios and recent earnings performance. The article also notes the risk that the undervalued position of these stocks may not rebound.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 2:38 pm

Benzinga Insights has identified several value stocks in the utilities sector based on low P/E ratios. These include OPAL Fuels (OPAL), Cia Energetica DE Minas (CIG), Brookfield Renewable (BEPC), Enel Chile (ENIC), and Suburban Propane Partners (SPH). The article provides recent earnings per share (EPS) data and dividend yield changes for these companies, noting that value stocks may take time to rebound and carry the risk of not doing so.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 2:38 pm

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