Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Brookfield Renewable Partners (BEP)
NYSE:BEP
RESEARCH TOOLSreports
Brookfield Renewable Partners (BEP) Stock Price & Analysis
2,222 Followers
BEP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.39 - $31.07
Previous Close$27.56
Volume420.41K
Average Volume (3M)602.16K
Market Cap
$18.32B
Enterprise Value$57.93B
Total Cash (Recent Filing)$1.33B
Total Debt (Recent Filing)$34.17B
Price to Earnings (P/E)-60.0
Beta0.73
Next Earnings
Aug 02, 2024EPS Estimate
-$0.07Last Dividend Ex-Date
Feb 28, 2024Dividend Yield4.99%
Share Statistics
EPS (TTM)-0.46
Shares Outstanding470,793,126
10 Day Avg. Volume864,503
30 Day Avg. Volume602,159
Standard Deviation0.09
R-Squared0.29
Alpha0.00148
Financial Highlights & Ratios
Price to Book (P/B)3.35
Price to Sales (P/S)1.53
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.24
Enterprise Value/Gross Profit11.50
Enterprise Value/Ebitda19.86
Forecast
1Y Price Target
$29.54Price Target Upside7.18% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Brookfield Renewable Partners News
PremiumCompany Announcements
Brookfield Prioritizes Long-Term Incentives for Executives
PremiumCompany Announcements
Brookfield’s Expansive Renewable Energy Portfolio
PremiumCompany Announcements
Brookfield Renewable’s Record Q1 and Landmark Microsoft DealBulls Say, Bears Say
Bulls Say
Dividend ReliabilityBrookfield Renewable Partners L.P. has shown a consistent performance with an average dividend yield of around 6% and has a history of increasing distributions, underpinned by high-quality cash flows and a strong balance sheet.
Growth PotentialAnalyst expects Brookfield Renewable Partners L.P. to target over 10% growth in funds from operations (FFO) due to contributions from recent mergers and acquisitions as well as operational improvements.
Renewable Energy DemandIncreasing demand for energy from data centers, electric vehicles, and industrial processes is expected to drive significant growth opportunities for Brookfield Renewable Partners L.P. in the renewable energy sector.
Bears Say
Financial LeverageBEP's high leverage and low EBITDA interest coverage pose risks in a rising interest rate environment, potentially weakening the company's financial stability.
Interest RatesKey risks include rising interest rates, with BEP’s high leverage and a relatively low EBITDA interest coverage which could impact balance sheet health.
Stock PerformanceRising long bond yields put pressure on BEP units, overshadowing the decent results and robust growth outlook.
---
Ownership Overview
20.80%
Insiders
3.26% Mutual Funds
7.14% Other Institutional Investors
68.80% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
BEP FAQ
What was Brookfield Renewable Partners’s price range in the past 12 months?
Brookfield Renewable Partners lowest stock price was $19.39 and its highest was $31.07 in the past 12 months.
What is Brookfield Renewable Partners’s market cap?
Currently, no data Available
When is Brookfield Renewable Partners’s upcoming earnings report date?
Brookfield Renewable Partners’s upcoming earnings report date is Aug 02, 2024 which is in 83 days.
How were Brookfield Renewable Partners’s earnings last quarter?
Brookfield Renewable Partners released its earnings results on May 03, 2024. The company reported -$0.23 earnings per share for the quarter, missing the consensus estimate of -$0.138 by -$0.092.
Is Brookfield Renewable Partners overvalued?
According to Wall Street analysts Brookfield Renewable Partners’s price is currently Undervalued.
Does Brookfield Renewable Partners pay dividends?
Brookfield Renewable Partners pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 4.99%. See more information on Brookfield Renewable Partners dividends here
What is Brookfield Renewable Partners’s EPS estimate?
Brookfield Renewable Partners’s EPS estimate is -$0.07.
How many shares outstanding does Brookfield Renewable Partners have?
Brookfield Renewable Partners has 287,164,340 shares outstanding.
What happened to Brookfield Renewable Partners’s price movement after its last earnings report?
Brookfield Renewable Partners reported an EPS of -$0.23 in its last earnings report, missing expectations of -$0.138. Following the earnings report the stock price went up 4.542%.
Which hedge fund is a major shareholder of Brookfield Renewable Partners?
Among the largest hedge funds holding Brookfield Renewable Partners’s share is Sheaff Brock Investment Advisors LLC. It holds Brookfield Renewable Partners’s shares valued at N/A.
---
Brookfield Renewable Partners Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$29.54 (7.18% Upside)
$29.54 (7.18% Upside)
Blogger Sentiment
Bullish
BEP Sentiment 97%
Sector Average 71%
Sector Average 71%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.96%
12-Months-Change
Fundamentals
Return on Equity
-1.94%
Trailing 12-Months
Asset Growth
15.92%
Trailing 12-Months
Company Description
Brookfield Renewable Partners
Brookfield Renewable Partners LP engages in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.. It operates through following segments: Hydroelectric; Wind; Solar; Storage and Other; and Corporate. The company was founded on June 27, 2011 and is headquartered in Hamilton, Bermuda.
---
BEP Earnings Call
Q1 2024
0:00 / 0:00
---
BEP Stock 12 Month Forecast
Average Price Target
$29.54
▲(7.18% Upside)
Technical Analysis
Best Analysts Covering BEP
1 Year
1 Year Success Rate
12/20 ratings generated profit
1 Year Average Return
+1.83%
reiterated a buy rating 3 months ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +1.83% per trade.
---