Brookfield Renewable Corporation (NYSE: BEPC) is 4.76% higher on its value in year-to-date trading and has touched a low of $21.35 and a high of $32.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BEPC stock was last observed hovering at around $30.19 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $30.16, the stock is 4.94% and 5.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing -0.10% at the moment leaves the stock 9.14% off its SMA200. BEPC registered 9.08% gain for a year compared to 6-month gain of 25.72%.
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The stock witnessed a 7.29% loss in the last 1 month and extending the period to 3 months gives it a 2.97%, and is 0.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.46% over the week and 2.84% over the month.
Brookfield Renewable Corporation (BEPC) has around 2116 employees, a market worth around $11.28B and $4.82B in sales. Current P/E ratio is 11.85. Profit margin for the company is 19.28%. Distance from 52-week low is 41.26% and -8.13% from its 52-week high. The company has generated returns on investments over the last 12 months (5.06%).
The EPS is expected to shrink by -147.12% this year
566.0 institutions hold shares in Brookfield Renewable Corporation (BEPC), with institutional investors hold 78.26% of the company’s shares. The shares outstanding are 179.65M, and float is at 179.60M with Short Float at 3.22%. Institutions hold 78.23% of the Float.
The top institutional shareholder in the company is BROOKFIELD CORP /ON/ with over 10.09 million shares valued at $286.47 million. The investor’s holdings represent 2.6982 of the BEPC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.45 million shares valued at $154.53 million to account for 1.4555 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 4.76 million shares representing 1.2718 and valued at over $135.03 million, while FMR LLC holds 1.1877 of the shares totaling 4.44 million with a market value of $125.9 million.
