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 Monday, January 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.543 per share on Monday, March 30th. This represents a $2.17 annualized dividend and a yield of 3.98%. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from Brookfield Renewable Partners's previous quarterly dividend of $0.52. View Brookfield Renewable Partners' Dividend History.

Brookfield Renewable Partners LP (NYSE:BEP) issued its quarterly earnings data on Thursday, February, 6th. The utilities provider reported ($0.21) EPS for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.29. The utilities provider had revenue of $726 million for the quarter. Brookfield Renewable Partners had a return on equity of 1.04% and a net margin of 5.74%. View Brookfield Renewable Partners' Earnings History.

Brookfield Renewable Partners is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Brookfield Renewable Partners.

8 brokers have issued 1-year price objectives for Brookfield Renewable Partners' shares. Their forecasts range from $39.00 to $57.00. On average, they expect Brookfield Renewable Partners' stock price to reach $49.13 in the next year. This suggests that the stock has a possible downside of 10.0%. 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 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookfield Renewable Partners.

Headlines about BEP stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brookfield Renewable Partners earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Brookfield Renewable Partners.

Brookfield Renewable Partners saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 793,800 shares, an increase of 240.7% from the January 15th total of 233,000 shares. Based on an average daily trading volume, of 231,100 shares, the days-to-cover ratio is currently 3.4 days. Approximately 0.4% of the shares of the 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), Edison International (EIX), PPL (PPL), CLP (CLPHY), DTE Energy (DTE), Entergy (ETR), SSE PLC/S (SSEZY), Fortis (FTS), EDP-Energias de Portugal, S.A (EDPFY), Tenaga Nasional Bhd (TNABY), Avangrid (AGR), Korea Electric Power (KEP), 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), AT&T (T), Enterprise Products Partners (EPD), Blackstone Group (BX), Brookfield Asset Management (BAM), Verizon Communications (VZ), AbbVie (ABBV), IBM (IBM) and Pfizer (PFE).

Brookfield Renewable Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include FIL Ltd (4.41%), Bank of Montreal Can (2.73%), Principal Financial Group Inc. (1.35%), Toronto Dominion Bank (1.21%), CIBC World Markets Inc. (0.77%) and TD Asset Management Inc. (0.73%).

BEP stock was sold by a variety of institutional investors in the last quarter, including Guardian Capital LP, Montrusco Bolton Investments Inc., Franklin Resources Inc., Intact Investment Management Inc., Principal Financial Group Inc., CIBC World Markets Inc., FMR LLC and Acadian Asset Management LLC.

BEP stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Eventide Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., TD Asset Management Inc., Kayne Anderson Capital Advisors LP, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Bank of Montreal Can and Toronto Dominion Bank.

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 $54.60.

Brookfield Renewable Partners has a market capitalization of $9.77 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 2,325 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]