NYSE:BEP - Brookfield Renewable Partners Stock Price, Forecast & News

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

Brookfield Renewable Partners announced a quarterly dividend on Friday, November 8th. Stockholders of record on Friday, November 29th will be given a dividend of $0.515 per share on Tuesday, December 31st. This represents a $2.06 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend is Wednesday, November 27th. View Brookfield Renewable Partners' Dividend History.

Brookfield Renewable Partners announced that its Board of Directors has authorized a share repurchase plan on Saturday, December 23rd 2017, which authorizes the company to buyback 9,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Brookfield Renewable Partners LP (NYSE:BEP) released its quarterly earnings data on Monday, November, 11th. The utilities provider reported ($0.17) EPS for the quarter, missing analysts' consensus estimates of $0.01 by $0.18. The utilities provider earned $642 million during the quarter. Brookfield Renewable Partners had a net margin of 9.26% and a return on equity of 1.72%. View Brookfield Renewable Partners' Earnings History.

Brookfield Renewable Partners is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Brookfield Renewable Partners.

8 analysts have issued twelve-month price targets for Brookfield Renewable Partners' stock. Their forecasts range from $36.00 to $45.00. On average, they expect Brookfield Renewable Partners' share price to reach $41.75 in the next twelve months. This suggests that the stock has a possible downside of 9.3%. View Analyst Price Targets for Brookfield Renewable Partners.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookfield Renewable Partners.

News headlines about BEP stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brookfield Renewable Partners earned a news sentiment score of -1.6 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Brookfield Renewable Partners.

Brookfield Renewable Partners saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 377,600 shares, an increase of 38.8% from the November 14th total of 272,000 shares. Based on an average trading volume of 199,800 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.2% of the shares of the stock are short sold. View Brookfield Renewable Partners' Current Options Chain.

Some companies that are related to Brookfield Renewable Partners include CLP (CLPHY), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), PPL (PPL), DTE Energy (DTE), Entergy (ETR), Fortis (FTS), Tenaga Nasional Bhd (TNABY), SSE PLC/S (SSEZY), Korea Electric Power (KEP), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY), CenterPoint Energy (CNP) and Enel Americas (ENIA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Renewable Partners investors own include Brookfield Infrastructure Partners (BIP), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), AbbVie (ABBV), Blackstone Group (BX), Verizon Communications (VZ), Brookfield Asset Management (BAM), Main Street Capital (MAIN) and Walt Disney (DIS).

Brookfield Renewable Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include CIBC Asset Management Inc (1.17%), Kayne Anderson Capital Advisors LP (0.41%), CIBC Private Wealth Group LLC (0.22%), American Assets Capital Advisers LLC (0.16%), First Trust Advisors LP (0.09%) and Karpas Strategies LLC (0.07%).

BEP stock was sold by a variety of institutional investors in the last quarter, including American Assets Capital Advisers LLC, Triad Investment Management, Karpas Strategies LLC, Signition LP, Wiley BROS. Aintree Capital LLC, NEXT Financial Group Inc, SFE Investment Counsel and WealthTrust Axiom LLC.

BEP stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, CIBC Private Wealth Group LLC, Kayne Anderson Capital Advisors LP, Walnut Private Equity Partners LLC, Russell Investments Group Ltd., First Trust Advisors LP, Coastline Trust Co and DORCHESTER WEALTH MANAGEMENT Co.

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

One share of BEP stock can currently be purchased for approximately $46.05.

Brookfield Renewable Partners has a market capitalization of $8.24 billion and generates $2.98 billion in revenue each year. The utilities provider earns $62 million in net income (profit) each year or $0.13 on an earnings per share basis. Brookfield Renewable Partners employs 2,325 workers across the globe.View Additional Information About Brookfield Renewable Partners.

The official website for Brookfield Renewable Partners is http://www.bep.brookfield.com/.

Brookfield Renewable Partners' mailing address is 73 FRONT STREET FIFTH FLOOR, HAMILTON D0, HM 12. The utilities provider can be reached via phone at 441-294-3304 or via email at [email protected]