Brookfield Renewable Partners (BEP) Stock Price, News & Analysis

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last twelve months. There are currently 3 hold ratings, 4 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BEP shares.
View BEP analyst ratings or view top-rated stocks.

9 equities research analysts have issued 12-month price objectives for Brookfield Renewable Partners' stock. Their BEP share price targets range from $25.00 to $39.00. On average, they expect the company's stock price to reach $30.60 in the next year. This suggests a possible upside of 47.3% from the stock's current price.
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Brookfield Renewable Partners' stock was trading at $26.28 at the beginning of 2024. Since then, BEP stock has decreased by 21.0% and is now trading at $20.77.
View the best growth stocks for 2024 here.

Brookfield Renewable Partners saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,140,000 shares, an increase of 34.2% from the February 29th total of 2,340,000 shares. Based on an average trading volume of 458,300 shares, the short-interest ratio is currently 6.9 days. Approximately 1.1% of the shares of the stock are sold short.
View Brookfield Renewable Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our BEP earnings forecast.

Brookfield Renewable Partners will be holding an earnings conference call on Friday, May 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Brookfield Renewable Partners L.P. (NYSE:BEP) announced its quarterly earnings data on Friday, February, 2nd. The utilities provider reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.03. The utilities provider had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.08 billion. Brookfield Renewable Partners had a trailing twelve-month return on equity of 2.23% and a net margin of 12.23%. The company's quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.16) earnings per share.

Brookfield Renewable Partners announced a quarterly dividend on Friday, February 2nd. Stockholders of record on Thursday, February 29th will be paid a dividend of $0.355 per share on Thursday, March 28th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for BEP.

Brookfield Renewable Partners (NYSE:BEP) pays an annual dividend of $1.35 per share and currently has a dividend yield of 6.67%. BEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BEP.

Shares of Brookfield Renewable Partners split before market open on Monday, December 14th 2020. The 3-2 split was announced on Wednesday, November 4th 2020. The newly minted shares were payable to shareholders after the market closes on Friday, December 11th 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

57 employees have rated Brookfield Renewable Partners Chief Executive Officer Sachin Shah on Glassdoor.com. Sachin Shah has an approval rating of 57% among the company's employees. This puts Sachin Shah in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Renewable Partners investors own include AT&T (T), AbbVie (ABBV), Brookfield Infrastructure Partners (BIP), Enterprise Products Partners (EPD), Pfizer (PFE), Verizon Communications (VZ), Energy Transfer (ET), Intel (INTC), Johnson & Johnson (JNJ) and Cisco Systems (CSCO).

Brookfield Renewable Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Epiq Partners LLC (0.03%), Ervin Investment Management LLC (0.02%), Evanson Asset Management LLC (0.01%) and Dixon Mitchell Investment Counsel Inc. (0.00%).

Shares of BEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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