NYSE:BEPBrookfield Renewable Partners Stock Price, Forecast & News

Brookfield Renewable Partners' stock was trading at $44.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BEP shares have increased by 8.0% and is now trading at $48.00. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brookfield Renewable Partners.

Brookfield Renewable Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Brookfield Renewable Partners.

Brookfield Renewable Partners LP (NYSE:BEP) issued its earnings results on Wednesday, May, 6th. The utilities provider reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.09 by $0.03. The utilities provider had revenue of $792 million for the quarter. Brookfield Renewable Partners had a return on equity of 0.85% and a net margin of 4.68%. View Brookfield Renewable Partners' earnings history.

Brookfield Renewable Partners announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.5425 per share on Tuesday, June 30th. This represents a $2.17 annualized dividend and a yield of 4.52%. The ex-dividend date is Thursday, May 28th. View Brookfield Renewable Partners' dividend history.

11 brokers have issued 12-month target prices for Brookfield Renewable Partners' stock. Their forecasts range from $39.00 to $63.69. On average, they anticipate Brookfield Renewable Partners' share price to reach $53.15 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View analysts' price targets for Brookfield Renewable Partners.

News coverage about BEP stock has been trending extremely positive on Thursday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookfield Renewable Partners earned a media sentiment score of 4.7 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View the latest news aboutBrookfield Renewable Partners.

Brookfield Renewable Partners saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,940,000 shares, an increase of 5.4% from the April 30th total of 2,790,000 shares. Based on an average daily trading volume, of 498,900 shares, the days-to-cover ratio is presently 5.9 days. Approximately 1.6% of the company's stock are short sold. View Brookfield Renewable Partners' Current Options Chain.

Some companies that are related to Brookfield Renewable Partners include Eversource Energy (ES), CLP (CLPHY), FirstEnergy (FE), Edison International (EIX), DTE Energy (DTE), PPL (PPL), Entergy (ETR), Fortis (FTS), EDP-Energias de Portugal, S.A (EDPFY), SSE PLC/S (SSEZY), Tenaga Nasional Bhd (TNABY), Avangrid (AGR), Korea Electric Power (KEP), Vistra Energy (VST) and RED ELECTRICA C/ADR (RDEIY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Renewable Partners investors own include AT&T (T), Energy Transfer LP Unit (ET), Brookfield Infrastructure Partners (BIP), AbbVie (ABBV), Enterprise Products Partners (EPD), Pfizer (PFE), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ) and IBM (IBM).

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

Brookfield Renewable Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include CIBC Asset Management Inc (1.56%), Principal Financial Group Inc. (1.36%), The Manufacturers Life Insurance Company (0.69%), Kayne Anderson Capital Advisors LP (0.67%), CIBC World Markets Inc. (0.66%) and Toronto Dominion Bank (0.54%).

BEP stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, CIBC World Markets Inc., Mackenzie Financial Corp, Franklin Resources Inc., Hillsdale Investment Management Inc., Wells Fargo & Company MN, AGF Investments America Inc., and Jane Street Group LLC.

BEP stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Silver Lake Advisory LLC, CIBC Asset Management Inc, Fiera Capital Corp, Connor Clark & Lunn Investment Management Ltd., Kayne Anderson Capital Advisors LP, Jennison Associates LLC, and American Assets Capital Advisers LLC.

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 $48.00.

Brookfield Renewable Partners has a market capitalization of $8.59 billion and generates $2.98 billion in revenue each year. The utilities provider earns $10 million in net income (profit) each year or ($0.19) on an earnings per share basis. Brookfield Renewable Partners employs 2,600 workers across the globe.

The official website for Brookfield Renewable Partners is 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]