Brookfield Renewable Partners (BEP) Projected to Post Quarterly Earnings on Friday

Brookfield Renewable Partners (NYSE:BEP - Get Free Report) TSE: BEP is expected to announce its Q2 2025 earnings results before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of ($0.29) per share and revenue of $1.64 billion for the quarter.

Brookfield Renewable Partners (NYSE:BEP - Get Free Report) TSE: BEP last issued its earnings results on Friday, May 2nd. The utilities provider reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.09). The firm had revenue of $907.00 million during the quarter, compared to analysts' expectations of $1.73 billion. Brookfield Renewable Partners had a negative return on equity of 0.15% and a negative net margin of 0.79%. On average, analysts expect Brookfield Renewable Partners to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Brookfield Renewable Partners Trading Down 0.2%

Shares of BEP traded down $0.07 during trading hours on Friday, hitting $27.34. The stock had a trading volume of 195,383 shares, compared to its average volume of 419,591. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.51 and a current ratio of 0.51. The firm has a market cap of $7.76 billion, a P/E ratio of -27.06 and a beta of 0.99. The company's fifty day simple moving average is $25.44 and its 200 day simple moving average is $23.34. Brookfield Renewable Partners has a 12-month low of $19.29 and a 12-month high of $29.56.

Brookfield Renewable Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, May 30th were given a $0.373 dividend. This represents a $1.49 annualized dividend and a dividend yield of 5.46%. The ex-dividend date was Friday, May 30th. Brookfield Renewable Partners's dividend payout ratio (DPR) is currently -147.52%.

Institutional Investors Weigh In On Brookfield Renewable Partners

A hedge fund recently raised its stake in Brookfield Renewable Partners stock. Goldman Sachs Group Inc. lifted its stake in shares of Brookfield Renewable Partners L.P. (NYSE:BEP - Free Report) TSE: BEP by 57.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 919,693 shares of the utilities provider's stock after acquiring an additional 333,789 shares during the quarter. Goldman Sachs Group Inc. owned about 0.32% of Brookfield Renewable Partners worth $20,380,000 at the end of the most recent reporting period. 63.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BEP has been the topic of several research reports. Wells Fargo & Company cut their target price on Brookfield Renewable Partners from $29.00 to $27.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Raymond James Financial downgraded Brookfield Renewable Partners from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, July 17th. JPMorgan Chase & Co. reduced their price target on shares of Brookfield Renewable Partners from $30.00 to $29.00 and set an "overweight" rating on the stock in a research report on Tuesday. CIBC increased their price target on shares of Brookfield Renewable Partners from $30.00 to $31.00 and gave the stock an "outperformer" rating in a research report on Monday. Finally, Barclays began coverage on shares of Brookfield Renewable Partners in a report on Wednesday, April 2nd. They issued an "equal weight" rating and a $27.00 target price on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $29.89.

About Brookfield Renewable Partners

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, and Brazil. The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage, as well as renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation.