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 paid a dividend of $0.515 per share on Tuesday, December 31st. This represents a $2.06 annualized dividend and a dividend yield of 4.34%. The ex-dividend date of this dividend is Wednesday, November 27th. View Brookfield Renewable Partners' Dividend History.

Brookfield Renewable Partners declared that its Board of Directors has approved a share repurchase program on Saturday, December 23rd 2017, which authorizes the company to repurchase 9,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

Brookfield Renewable Partners LP (NYSE:BEP) released its quarterly earnings results on Monday, November, 11th. The utilities provider reported ($0.17) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.18. The utilities provider had revenue of $642 million for 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 brokers have issued 1-year price targets for Brookfield Renewable Partners' shares. Their forecasts range from $36.00 to $45.00. On average, they anticipate Brookfield Renewable Partners' stock price to reach $41.75 in the next twelve months. This suggests that the stock has a possible downside of 12.0%. 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.

Media stories about BEP stock have been trending extremely negative on Saturday, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brookfield Renewable Partners earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Brookfield Renewable Partners.

Brookfield Renewable Partners saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 276,300 shares, a decrease of 37.6% from the October 31st total of 443,100 shares. Based on an average trading volume of 186,500 shares, the short-interest ratio is currently 1.5 days. Approximately 0.2% of the company's stock are sold short. View Brookfield Renewable Partners' Current Options Chain.

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

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), Brookfield Asset Management (BAM), AbbVie (ABBV), Blackstone Group (BX), Verizon Communications (VZ), Enbridge (ENB) and Main Street Capital (MAIN).

Brookfield Renewable Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors 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 bought 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 $47.47.

Brookfield Renewable Partners has a market capitalization of $8.49 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]