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

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

Brookfield Renewable Partners declared a quarterly dividend on Tuesday, July 30th. Shareholders of record on Friday, August 30th will be paid a dividend of $1.03 per share on Monday, September 30th. This represents a $4.12 dividend on an annualized basis and a yield of 9.66%. The ex-dividend date is Thursday, August 29th. This is an increase from Brookfield Renewable Partners's previous quarterly dividend of $0.52. View Brookfield Renewable Partners' Dividend History.

Brookfield Renewable Partners declared that its Board of Directors has approved a share repurchase plan on Saturday, December 23rd 2017, which allows the company to buyback 9,000,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Brookfield Renewable Partners LP (NYSE:BEP) posted its quarterly earnings results on Wednesday, July, 31st. The utilities provider reported $0.05 EPS for the quarter, missing the consensus estimate of $0.26 by $0.21. The utilities provider earned $787 million during the quarter. Brookfield Renewable Partners had a return on equity of 1.80% and a net margin of 9.16%. View Brookfield Renewable Partners' Earnings History.

Brookfield Renewable Partners is scheduled to release their next quarterly earnings announcement on Monday, November 11th 2019. View Earnings Estimates for Brookfield Renewable Partners.

Brookfield Renewable Partners will be holding an earnings conference call on Monday, November 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 brokerages have issued 1 year target prices for Brookfield Renewable Partners' shares. Their forecasts range from $36.00 to $45.00. On average, they expect Brookfield Renewable Partners' stock price to reach $40.75 in the next twelve months. This suggests that the stock has a possible downside of 4.5%. 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 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookfield Renewable Partners.

Media headlines about BEP stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookfield Renewable Partners earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely 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 September. As of September 30th, there was short interest totalling 319,000 shares, a decrease of 18.3% from the August 30th total of 390,600 shares. Based on an average daily volume of 171,200 shares, the short-interest ratio is presently 1.9 days. Currently, 0.2% of the company's shares are sold short. 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), Tenaga Nasional Bhd (TNABY), Fortis (FTS), SSE PLC/S (SSEZY), Avangrid (AGR), EDP-Energias de Portugal, S.A (EDPFY), CenterPoint Energy (CNP), Korea Electric Power (KEP) and Vistra Energy (VST).

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), AT&T (T), Enterprise Products Partners (EPD), The Coca-Cola (KO), AbbVie (ABBV), Blackstone Group (BX), Cisco Systems (CSCO), Paychex (PAYX) and Pfizer (PFE).

Brookfield Renewable Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include CIBC Private Wealth Group LLC (0.22%), Walnut Private Equity Partners LLC (0.04%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), Coastline Trust Co (0.03%), Triad Investment Management (0.01%) and Truvestments Capital LLC (0.01%).

BEP stock was sold by a variety of institutional investors in the last quarter, including Triad Investment Management, Wiley BROS. Aintree Capital LLC and NEXT Financial Group Inc.

BEP stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Walnut Private Equity Partners LLC, Coastline Trust Co, DORCHESTER WEALTH MANAGEMENT Co, Whittier Trust Co., Truvestments Capital LLC, Gradient Investments LLC and Evanson Asset Management 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 $42.65.

Brookfield Renewable Partners has a market capitalization of $7.63 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]