Brookfield Renewable (TSE:BEPC) Shares Up 2.3% – Should You Buy?

Brookfield Renewable Co. (TSE:BEPC)’s share price shot up 2.3% during mid-day trading on Thursday . The stock traded as high as C$52.11 and last traded at C$51.89. 288,541 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 268,154 shares. The stock had previously closed at C$50.73.

Brookfield Renewable Stock Down 0.1%

The company’s fifty day moving average price is C$54.35 and its 200-day moving average price is C$55.63. The stock has a market cap of C$9.45 billion, a P/E ratio of -2.07, a price-to-earnings-growth ratio of 0.84 and a beta of 1.06. The company has a debt-to-equity ratio of -570.82, a quick ratio of 0.19 and a current ratio of 0.33.

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

Brookfield Renewable Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th will be paid a $0.392 dividend. This represents a $1.57 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, May 29th. Brookfield Renewable’s dividend payout ratio (DPR) is currently -6.03%.

Brookfield Renewable Company Profile

Brookfield Renewable is a globally diversified multitechnology owner and operator of clean energy assets. The company’s portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia and totals approximately 21,000 megawatts of installed capacity. Brookfield Renewable invests in assets directly as well as with institutional partners and joint venture partners and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP (BEP) and Brookfield Renewable Corp.