Brookfield Renewable (TSE:BEPC) Stock Price Down 0.1% – What’s Next?

Brookfield Renewable Co. (TSE:BEPC)’s stock price was down 0.1% on Wednesday . The stock traded as low as C$50.54 and last traded at C$50.82. Approximately 273,003 shares changed hands during trading, a decline of 5% from the average daily volume of 288,298 shares. The stock had previously closed at C$50.85.

Brookfield Renewable Stock Performance

The company has a current ratio of 0.33, a quick ratio of 0.19 and a debt-to-equity ratio of -570.82. The stock has a market capitalization of C$9.27 billion, a PE ratio of -2.03, a price-to-earnings-growth ratio of 0.84 and a beta of 1.13. The firm’s fifty day moving average price is C$53.61 and its two-hundred day moving average price is C$54.78.

Brookfield Renewable (TSE:BEPC) last posted its earnings results on Friday, February 27th. The company reported C($1.89) earnings per share for the quarter. The firm had revenue of C$938.00 million for the quarter. Brookfield Renewable had a negative net margin of 127.72% and a positive return on equity of 520.67%. As a group, equities research analysts forecast that Brookfield Renewable Co. will post 2.8461008 EPS for the current year.

Brookfield Renewable Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.392 per share. This represents a $1.57 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, May 29th. Brookfield Renewable’s payout ratio is -6.03%.

Brookfield Renewable Company Profile

Brookfield operates Brookfield Renewable Partners (NYSE: BEP, BEPC TSX: BEP.UN, BEPC), one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.