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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last twelve months. There are currently 3 hold ratings, 5 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BEP shares.
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10 Wall Street research analysts have issued 12-month target prices for Brookfield Renewable Partners' stock. Their BEP share price targets range from $25.00 to $39.00. On average, they predict the company's stock price to reach $31.00 in the next year. This suggests a possible upside of 23.4% from the stock's current price.
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Brookfield Renewable Partners' stock was trading at $25.34 at the beginning of the year. Since then, BEP stock has decreased by 0.9% and is now trading at $25.12.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 2nd 2024.
View our BEP earnings forecast.

Brookfield Renewable Partners L.P. (NYSE:BEP) posted its quarterly earnings data on Friday, November, 3rd. The utilities provider reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.11. The utilities provider had revenue of $623 million for the quarter, compared to analyst estimates of $712.51 million. Brookfield Renewable Partners had a trailing twelve-month return on equity of 1.54% and a net margin of 8.39%.

Brookfield Renewable Partners announced a quarterly dividend on Friday, November 3rd. Stockholders of record on Thursday, November 30th will be given a dividend of $0.338 per share on Friday, December 29th. This represents a $1.35 annualized dividend and a dividend yield of 5.38%. The ex-dividend date is Wednesday, November 29th. 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 5.21%. 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's stock split on the morning of 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 closing bell 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 number of institutional and retail investors. Top institutional investors include Royal Bank of Canada (4.61%), Principal Financial Group Inc. (2.25%), CIBC Asset Management Inc (1.31%), Toronto Dominion Bank (1.09%), FMR LLC (1.03%) and TD Asset Management Inc (0.85%).

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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