Morelos has spent the last six years with the Gers and has established himself as a consistent goalscorer in Scotland, finding the net 124 times in 267 appearances across all competitions.
Kent, meanwhile, has recorded 33 goals and 57 assists in 218 games for Rangers since joining the club from Liverpool in 2018.
However, speculation regarding the future of both players - who have won the Scottish Premiership and Scottish Cup during their time at Ibrox - is rife as they are out of contract at the end of this month.
Beale revealed in February that he was "more confident" the 26-year-old duo would stay at Ibrox beyond this season, but he has since hinted that their time at the club could be coming to an end.
Speaking at a press conference on Friday ahead of Sunday's Premiership clash with Aberdeen, Beale said: "They have been two fantastic players for the club.
"We haven't come forward with a contract offer and both of them have been free to speak to other clubs for a while now. We have had the conversations and we're mutually in the same place about what should happen.
"But in terms of the next five games, they are Rangers players and they will continue to be so until anything announced officially."
Responding to reports in Turkey that Kent has agreed to join Fenerbahce in the summer, Beale said: "I don't think there's any truth in that."
Beale has also spoken about the future of Bayern Munich loanee Malik Tillman who has enjoyed an impressive 2022-23 campaign with the Gers, scoring 12 goals and providing five assists in 43 games.
Rangers are understood to have the option to sign the 20-year-old permanently for £5m in the summer, but Beale has suggested that the American - who is ruled of for the rest of the season with a hamstring injury - will make the final decision over his future.
"Me and Malik are in a great place on a personal level," Beale told reporters. "I think he's been brilliant for the club. I think he's been brilliant for me in my time here.
"I think he's a player with a really high ceiling - as high a ceiling as anyone that I've worked with in my time at Rangers.
"We said we would park the conversation until the middle of May because there's a lot around it. The two clubs have been talking back and forth and there's agreements between them, but the most important person is Malik."
Rangers quintet Allan McGregor, Steven Davis, Ryan Jack, Scott Arfield and Filip Helander, who has not played this season due to a serious injury, are all out of contract at the end of the season and Beale has revealed that "one or two" have received contract offers to stay at the club.
The Gers are on the cusp of seeing Old Firm rivals Celtic retain the Premiership title as they sit 13 points behind the table-topping Hoops, who will be crowned champions with a win over Hearts on Sunday.