Brookfield Renewable Partners Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last twelve months. There are currently 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Brookfield Renewable Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BEP, but not buy additional shares or sell existing shares.
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Brookfield Renewable Partners saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 29,200 shares, a decline of 96.5% from the June 15th total of 825,300 shares. Based on an average daily trading volume, of 317,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
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Brookfield Renewable Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Brookfield Renewable Partners.

Brookfield Renewable Partners will be holding an earnings conference call on Thursday, August 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "7282435".

Brookfield Renewable Partners L.P. (NYSE:BEP) released its quarterly earnings data on Tuesday, May, 4th. The utilities provider reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.19. The utilities provider earned $1.02 billion during the quarter, compared to analyst estimates of $953.23 million. Brookfield Renewable Partners had a negative net margin of 8.11% and a negative trailing twelve-month return on equity of 1.53%. The firm's quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.40 EPS.
View Brookfield Renewable Partners' earnings history.

Brookfield Renewable Partners' stock was trading at $29.6267 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BEP stock has increased by 30.7% and is now trading at $38.72.
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Brookfield Renewable Partners announced a quarterly dividend on Wednesday, May 5th. Stockholders of record on Friday, May 28th will be given a dividend of $0.3038 per share on Wednesday, June 30th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend is Thursday, May 27th.
View Brookfield Renewable Partners' dividend history.

Brookfield Renewable Partners pays an annual dividend of $0.58 per share and currently has a dividend yield of 1.53%.
View Brookfield Renewable Partners' dividend history.

Brookfield Renewable Partners's stock split before market open on Monday, December 14th 2020. The 3-2 split was announced on Wednesday, November 4th 2020. The newly issued shares were distributed to shareholders after the closing bell on Friday, December 11th 2020. An investor that had 100 shares of Brookfield Renewable Partners stock prior to the split would have 150 shares after the split.

14 equities research analysts have issued 1 year price targets for Brookfield Renewable Partners' stock. Their forecasts range from $30.67 to $48.00. On average, they anticipate Brookfield Renewable Partners' stock price to reach $40.69 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price.
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57 employees have rated Brookfield Renewable Partners CEO Sachin Shah on Glassdoor.com. Sachin Shah has an approval rating of 57% among Brookfield Renewable Partners' employees. This puts Sachin Shah in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Brookfield Renewable Partners include Eversource Energy (ES), CLP (CLPHY), DTE Energy (DTE), PPL (PPL), SSE (SSEZY), Edison International (EIX), Entergy (ETR), FirstEnergy (FE), EDP - Energias de Portugal (EDPFY), Fortis (FTS), Avangrid (AGR), CenterPoint Energy (CNP), Korea Electric Power (KEP), Tenaga Nasional Berhad (TNABY) and Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR).
View all of BEP's competitors.

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

Brookfield Renewable Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include Walnut Private Equity Partners LLC (0.07%), Minot Wealth Management LLC (0.04%), DORCHESTER WEALTH MANAGEMENT Co (0.02%), Spirit of America Management Corp NY (0.02%) and Teamwork Financial Advisors LLC (0.01%).

BEP stock was sold by a variety of institutional investors in the last quarter, including Minot Wealth Management LLC, and Spirit of America Management Corp NY.

BEP stock was purchased by a variety of institutional investors in the last quarter, including Walnut Private Equity Partners LLC, DORCHESTER WEALTH MANAGEMENT Co, and Teamwork Financial Advisors LLC.

Shares of BEP 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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One share of BEP stock can currently be purchased for approximately $38.72.

Brookfield Renewable Partners has a market capitalization of $10.65 billion and generates $3.81 billion in revenue each year. The utilities provider earns $-130,000,000.00 in net income (profit) each year or ($0.61) on an earnings per share basis.

Brookfield Renewable Partners employs 2,630 workers across the globe.

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

Brookfield Renewable Partners is headquartered at 73 FRONT STREET FIFTH FLOOR, HAMILTON D0, HM 12.

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]