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Centrais Eletricas Brasileiras SA ELET3 Stock Quote

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Last close prices updated as of Jun 07, 2023, 4:07 PM BRT | BRL
  • Last Close 38.02
  • Sector Utilities
  • Industry Utilities - Regulated Electric
  • Investment Style Large Value
  • Day Range 37.68  –  38.71
  • Year Range 29.81  –  52.49
  • Market Cap 87.7159 Bil
  • Volume / Avg 8.6 Mil /  12.6 Mil
  • Price / Sales 2.50
  • Price / Book 0.79
  • Forward Div Yield 0.58%
  • Trailing Div Yield 1.08%

Morningstar‘s Stock Analysis ELET3

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Key Statistics ELET3

Company Profile ELET3

Business Description

Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Rua da Quitanda 196, 9th floor, Centro
Rio de Janeiro, RJ, 20091-005, BRA
Industry Utilities - Regulated Electric
Employees 9,154

Competitors & Peers

Morningstar does not cover competitors or peers for this firm.

FAQs for Centrais Eletricas Brasileiras SA Stock

Yes. ELET3 has a forward dividend yield of 0.58%. See ELET3’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ELET3’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ELET3’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ELET3’s historical performance against its industry peers and the overall market.