Brookfield Renewable Corp (NYSE: BEPC) is 2.39% higher on its value in year-to-date trading and has touched a low of $21.35 and a high of $35.14 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 $28.93 in the last trading session, with the day’s loss setting it -0.61%.
Currently trading at $28.32, the stock is 1.01% and 4.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -2.11% at the moment leaves the stock -3.31% off its SMA200. BEPC registered 12.20% gain for a year compared to 6-month loss of 0.75%. The firm has a 50-day simple moving average (SMA 50) of $27.1512 and a 200-day simple moving average (SMA200) of $29.29015.
The stock witnessed a 6.47% gain in the last 1 month and extending the period to 3 months gives it a -4.84%, and is 5.04% 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 4.15% over the week and 3.43% over the month.
Brookfield Renewable Corp (BEPC) has around 2416 employees, a market worth around $9.61B and $4.91B in sales. Current P/E ratio is 36.05. Profit margin for the company is 5.98%. Distance from 52-week low is 32.65% and -19.41% from its 52-week high. The company has generated returns on investments over the last 12 months (1.45%).
The EPS is expected to grow by 58.81% this year
533.0 institutions hold shares in Brookfield Renewable Corp (BEPC), with institutional investors hold 68.67% of the company’s shares. The shares outstanding are 179.64M, and float is at 144.82M with Short Float at 4.47%. Institutions hold 68.64% 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 5.6191 of the BEPC Shares outstanding. As of 2024-06-30, the second largest holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with 3.1 million shares valued at $88.06 million to account for 1.7284 of the shares outstanding. The other top investors are CIBC PRIVATE WEALTH GROUP, LLC which holds 2.8 million shares representing 1.5574 and valued at over $81.39 million, while VANGUARD GROUP INC holds 1.4555 of the shares totaling 5.45 million with a market value of $154.53 million.
