Brookfield Renewable Corp Stock Today

BEPC Stock  USD 31.34  0.60  1.95%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 44

 
High
 
Low
Below Average
Brookfield Renewable is trading at 31.34 as of the 21st of November 2024, a 1.95% increase since the beginning of the trading day. The stock's open price was 30.74. Brookfield Renewable has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Brookfield Renewable Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
24th of July 2020
Brookfield Renewable Corporation owns and operates a portfolio of renewable energy power generating facilities primarily in the United States, Europe, Colombia, and Brazil. The company was incorporated in 2019 and is headquartered in New York, New York. The company has 179.64 M outstanding shares of which 5.96 M shares are currently shorted by private and institutional investors with about 6.76 trading days to cover. More on Brookfield Renewable Corp

Moving against Brookfield Stock

  0.57HLGN HeliogenPairCorr
  0.57ALCE Alternus Energy Group Symbol ChangePairCorr

Brookfield Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOConnor Teskey
Business ConcentrationIndependent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, NYSE Composite, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors)
Average Analyst Recommendation
Debt Levels
Brookfield Renewable can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Brookfield Renewable's financial leverage. It provides some insight into what part of Brookfield Renewable's total assets is financed by creditors.
Liquidity
Brookfield Renewable Corp currently holds 16.57 B in liabilities with Debt to Equity (D/E) ratio of 0.99, which is about average as compared to similar companies. Brookfield Renewable Corp has a current ratio of 0.32, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Brookfield Renewable's use of debt, we should always consider it together with its cash and equity.

Net Borrowings

640.2 Million
Brookfield Renewable Corp (BEPC) is traded on New York Stock Exchange in USA. It is located in 250 Vesey Street, New York, NY, United States, 10281-1023 and employs 26 people. Brookfield Renewable is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.64 B. Brookfield Renewable Corp conducts business under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 179.64 M outstanding shares of which 5.96 M shares are currently shorted by private and institutional investors with about 6.76 trading days to cover. Brookfield Renewable Corp currently holds about 659 M in cash with 1.6 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.82.
Check Brookfield Renewable Probability Of Bankruptcy
Ownership Allocation
Brookfield Renewable holds a total of 179.64 Million outstanding shares. The majority of Brookfield Renewable Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Brookfield Renewable Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Brookfield Renewable. Please pay attention to any change in the institutional holdings of Brookfield Renewable Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Brookfield Ownership Details

Brookfield Stock Institutional Holders

InstituionRecorded OnShares
Fidelity International Ltd2024-06-30
2.3 M
Bank Of America Corp2024-06-30
2.2 M
Dimensional Fund Advisors, Inc.2024-09-30
2.2 M
Td Global Investment Solutions – Td Epoch2024-06-30
1.9 M
Norges Bank2024-06-30
1.7 M
Rare Infrastructure2024-06-30
1.7 M
Baird Financial Group, Inc.2024-06-30
1.6 M
Clearbridge Advisors, Llc2024-06-30
1.6 M
Renaissance Technologies Corp2024-09-30
1.5 M
Brookfield Corp2024-06-30
44.8 M
Vanguard Group Inc2024-09-30
5.5 M
View Brookfield Renewable Diagnostics

Brookfield Renewable Historical Income Statement

At present, Brookfield Renewable's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 2 B, whereas Depreciation And Amortization is forecasted to decline to about 1.1 B. View More Fundamentals

Brookfield Stock Against Markets

Brookfield Renewable Corporate Directors

Nancy DornIndependent Director of the Company and General PartnerProfile
Stephen WestwellIndependent Director of the Company and General PartnerProfile
Scott CutlerIndependent Director of the Company and General PartnerProfile
Louis MarounIndependent Director of the Company and General PartnerProfile
When determining whether Brookfield Renewable Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock:
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Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Renewable. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Renewable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.735
Dividend Share
1.42
Earnings Share
(7.08)
Revenue Per Share
12.708
Quarterly Revenue Growth
0.04
The market value of Brookfield Renewable Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.