Is Brookfield Renewable Stock a Good Investment?
Brookfield Renewable Investment Advice | BEPC |
- Examine Brookfield Renewable's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Brookfield Renewable's leadership team and their track record. Good management can help Brookfield Renewable navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Independent Power and Renewable Electricity Producers space and any emerging trends that could impact Brookfield Renewable's business and its evolving consumer preferences.
- Compare Brookfield Renewable's performance and market position to its competitors. Analyze how Brookfield Renewable is positioned in terms of product offerings, innovation, and market share.
- Check if Brookfield Renewable pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Brookfield Renewable's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Brookfield Renewable Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Brookfield Renewable Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Brookfield Renewable Stock
Researching Brookfield Renewable's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 76.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.17. Some equities with similar Price to Book (P/B) outperform the market in the long run. Brookfield Renewable Corp has Price/Earnings To Growth (PEG) ratio of 1.09. The entity recorded a loss per share of 7.08. The firm last dividend was issued on the 29th of November 2024. Brookfield Renewable had 3:2 split on the 14th of December 2020.
To determine if Brookfield Renewable is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Brookfield Renewable's research are outlined below:
| 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. | |
| The entity reported the previous year's revenue of 3.97 B. Net Loss for the year was (244.29 M) with profit before overhead, payroll, taxes, and interest of 2.7 B. | |
| Over 76.0% of Brookfield Renewable shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Brookfield Renewable Corp Stock Price Up 3.11 percent on Nov 27 |
Brookfield Renewable Quarterly Cash And Short Term Investments |
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Brookfield Renewable uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Brookfield Renewable Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Brookfield Renewable's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 2nd of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Brookfield Renewable's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Brookfield Renewable's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-04 | 2023-06-30 | -0.07 | -0.1 | -0.03 | 42 | ||
2024-11-01 | 2024-09-30 | -0.28 | -0.32 | -0.04 | 14 | ||
2023-11-06 | 2023-09-30 | -0.1 | -0.14 | -0.04 | 40 | ||
2023-05-05 | 2023-03-31 | -0.05 | -0.09 | -0.04 | 80 | ||
2022-05-12 | 2022-03-31 | -0.12 | -0.16 | -0.04 | 33 | ||
2022-08-05 | 2022-06-30 | -0.08 | -0.03 | 0.05 | 62 | ||
2024-05-03 | 2024-03-31 | -0.29 | -0.23 | 0.06 | 20 | ||
2022-02-04 | 2021-12-31 | -0.06 | -0.12 | -0.06 | 100 |
Know Brookfield Renewable's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Brookfield Renewable is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Brookfield Renewable Corp backward and forwards among themselves. Brookfield Renewable's institutional investor refers to the entity that pools money to purchase Brookfield Renewable's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fidelity International Ltd | 2024-06-30 | 2.3 M | Bank Of America Corp | 2024-06-30 | 2.2 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.2 M | Baird Financial Group, Inc. | 2024-09-30 | 1.9 M | Td Global Investment Solutions – Td Epoch | 2024-09-30 | 1.8 M | Norges Bank | 2024-06-30 | 1.7 M | Rare Infrastructure | 2024-06-30 | 1.7 M | Clearbridge Advisors, Llc | 2024-09-30 | 1.5 M | Renaissance Technologies Corp | 2024-09-30 | 1.5 M | Brookfield Corp | 2024-09-30 | 44.8 M | Vanguard Group Inc | 2024-09-30 | 5.5 M |
Brookfield Renewable's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.87 B.Market Cap |
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Brookfield Renewable's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Equity | (0.03) | (0.03) |
Determining Brookfield Renewable's profitability involves analyzing its financial statements and using various financial metrics to determine if Brookfield Renewable is a good buy. For example, gross profit margin measures Brookfield Renewable's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Brookfield Renewable's profitability and make more informed investment decisions.
Please note, the presentation of Brookfield Renewable's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Brookfield Renewable's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Brookfield Renewable's management manipulating its earnings.
Evaluate Brookfield Renewable's management efficiency
Brookfield Renewable Corp has return on total asset (ROA) of 0.0224 % which means that it generated a profit of $0.0224 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0635) %, meaning that it created substantial loss on money invested by shareholders. Brookfield Renewable's management efficiency ratios could be used to measure how well Brookfield Renewable manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.0035. In addition to that, Return On Capital Employed is expected to decline to 0.01. At present, Brookfield Renewable's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 0.14, whereas Total Assets are forecasted to decline to about 38 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 95.35 | 53.15 | |
| Tangible Book Value Per Share | 90.55 | 49.11 | |
| Enterprise Value Over EBITDA | 7.11 | 3.59 | |
| Price Book Value Ratio | 0.89 | 0.85 | |
| Enterprise Value Multiple | 7.11 | 3.59 | |
| Price Fair Value | 0.89 | 0.85 | |
| Enterprise Value | 21.3 B | 14.6 B |
Effective leadership at Brookfield Renewable drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Dividend Yield 0.0435 | Forward Dividend Yield 0.0435 | Forward Dividend Rate 1.42 | Beta 1.008 |
Basic technical analysis of Brookfield Stock
As of the 28th of November, Brookfield Renewable shows the Downside Deviation of 2.25, risk adjusted performance of 0.0793, and Mean Deviation of 1.91. Brookfield Renewable Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Brookfield Renewable's Outstanding Corporate Bonds
Brookfield Renewable issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Brookfield Renewable Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Brookfield bonds can be classified according to their maturity, which is the date when Brookfield Renewable Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Brookfield Renewable's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Brookfield Renewable's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0793 | |||
| Market Risk Adjusted Performance | (1.66) | |||
| Mean Deviation | 1.91 | |||
| Semi Deviation | 2.06 | |||
| Downside Deviation | 2.25 | |||
| Coefficient Of Variation | 1060.05 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.61 | |||
| Information Ratio | 0.0456 | |||
| Jensen Alpha | 0.2486 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0521 | |||
| Treynor Ratio | (1.67) | |||
| Maximum Drawdown | 16.9 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 4.5 | |||
| Downside Variance | 5.05 | |||
| Semi Variance | 4.24 | |||
| Expected Short fall | (2.27) | |||
| Skewness | 0.4997 | |||
| Kurtosis | 2.41 |
| Risk Adjusted Performance | 0.0793 | |||
| Market Risk Adjusted Performance | (1.66) | |||
| Mean Deviation | 1.91 | |||
| Semi Deviation | 2.06 | |||
| Downside Deviation | 2.25 | |||
| Coefficient Of Variation | 1060.05 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.61 | |||
| Information Ratio | 0.0456 | |||
| Jensen Alpha | 0.2486 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0521 | |||
| Treynor Ratio | (1.67) | |||
| Maximum Drawdown | 16.9 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 4.5 | |||
| Downside Variance | 5.05 | |||
| Semi Variance | 4.24 | |||
| Expected Short fall | (2.27) | |||
| Skewness | 0.4997 | |||
| Kurtosis | 2.41 |
Consider Brookfield Renewable's intraday indicators
Brookfield Renewable intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Brookfield Renewable stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Brookfield Renewable Corporate Filings
6K | 12th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 5th of April 2024 Other Reports | ViewVerify | |
| 1st of March 2024 Other Reports | ViewVerify | |
13A | 12th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Brookfield Stock media impact
Far too much social signal, news, headlines, and media speculation about Brookfield Renewable that are available to investors today. That information is available publicly through Brookfield media outlets and privately through word of mouth or via Brookfield internal channels. However, regardless of the origin, that massive amount of Brookfield data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Brookfield Renewable news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Brookfield Renewable relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Brookfield Renewable's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Brookfield Renewable alpha.
Brookfield Renewable Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Brookfield Renewable can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Brookfield Renewable Corp Historical Investor Sentiment
Investor biases related to Brookfield Renewable's public news can be used to forecast risks associated with an investment in Brookfield. The trend in average sentiment can be used to explain how an investor holding Brookfield can time the market purely based on public headlines and social activities around Brookfield Renewable Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brookfield Renewable's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brookfield Renewable and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Brookfield Renewable news discussions. The higher the estimate score, the more favorable the investor's outlook on Brookfield Renewable.
Brookfield Renewable Corporate Directors
| Nancy Dorn | Independent Director of the Company and General Partner | Profile | |
| Stephen Westwell | Independent Director of the Company and General Partner | Profile | |
| Scott Cutler | Independent Director of the Company and General Partner | Profile | |
| Louis Maroun | Independent Director of the Company and General Partner | Profile |
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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.
In summary, please note that there is a difference between Brookfield Renewable's value and its price, as these two are different measures arrived at by various 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.