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. Investors of record on Friday, February 28th will be given a dividend of $0.543 per share on Monday, March 30th. This represents a $2.17 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend is Thursday, February 27th. This is a positive change from Brookfield Renewable Partners's previous quarterly dividend of $0.52. View Brookfield Renewable Partners' Dividend History.

Brookfield Renewable Partners LP (NYSE:BEP) released its quarterly earnings results on Thursday, February, 6th. The utilities provider reported ($0.21) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.29. The utilities provider had revenue of $726 million for the quarter. 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 equities research analysts have issued twelve-month target prices for Brookfield Renewable Partners' shares. Their forecasts range from $39.00 to $57.00. On average, they anticipate Brookfield Renewable Partners' share price to reach $49.13 in the next year. This suggests that the stock has a possible downside of 9.8%. 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.

Media stories about BEP stock have been trending somewhat positive this week, according to InfoTrie. The research group scores the sentiment of press 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 negative five to five, with scores nearest to five being the most favorable. Brookfield Renewable Partners earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. 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 volume of 231,100 shares, the short-interest ratio is presently 3.4 days. Currently, 0.4% of the company's stock are sold short. View Brookfield Renewable Partners' Current Options Chain.

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), AbbVie (ABBV), Verizon Communications (VZ), IBM (IBM) and Pfizer (PFE).

Brookfield Renewable Partners' stock is owned by a variety of of institutional and retail 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., Principal Financial Group Inc., CIBC World Markets Inc., FMR LLC, Acadian Asset Management LLC and Public Sector Pension Investment Board.

BEP stock was bought 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 $54.49.