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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BEP shares.
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7 Wall Street analysts have issued 12-month price targets for Brookfield Renewable Partners' shares. Their BEP share price forecasts range from $27.00 to $37.00. On average, they expect the company's share price to reach $32.33 in the next year. This suggests a possible upside of 48.7% from the stock's current price.
View analysts price targets for BEP or view top-rated stocks among Wall Street analysts.

Brookfield Renewable Partners' stock was trading at $25.34 at the beginning of 2023. Since then, BEP stock has decreased by 14.2% and is now trading at $21.74.
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Brookfield Renewable Partners saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 953,800 shares, a drop of 8.3% from the August 31st total of 1,040,000 shares. Based on an average daily trading volume, of 301,400 shares, the short-interest ratio is currently 3.2 days. Currently, 0.3% 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, November 3rd 2023.
View our BEP earnings forecast.

Brookfield Renewable Partners L.P. (NYSE:BEP) released its quarterly earnings results on Friday, August, 4th. The utilities provider reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.18. The utilities provider had revenue of $719 million for the quarter, compared to the consensus estimate of $798.25 million. Brookfield Renewable Partners had a trailing twelve-month return on equity of 1.24% and a net margin of 6.43%.

Brookfield Renewable Partners announced a quarterly dividend on Thursday, August 3rd. Shareholders of record on Thursday, August 31st will be given a dividend of $0.3375 per share on Friday, September 29th. This represents a $1.35 annualized dividend and a dividend yield of 6.21%. The ex-dividend date of this dividend is Wednesday, August 30th.
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 6.21%. 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.

Brookfield Renewable Partners shares 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 issued 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEP."

Shares of BEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BEP stock can currently be purchased for approximately $21.74.

Brookfield Renewable Partners (NYSE:BEP) has a market capitalization of $6.28 billion and generates $4.71 billion in revenue each year. The utilities provider earns $-93,000,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis.

The company employs 3,400 workers across the globe.

Brookfield Renewable Partners' mailing address is 73 FRONT STREET FIFTH FLOOR, HAMILTON D0, HM 12. The official website for the company is www.bep.brookfield.com. The utilities provider can be reached via phone at (441) 294-3304, via email at enquiries@brookfieldrenewable.com, or via fax at 441-296-4475.