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. Investors 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 10.95%. The ex-dividend date is Thursday, August 29th. This is a boost 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 buyback plan on Saturday, December 23rd 2017, which authorizes the company to repurchase 9,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

Brookfield Renewable Partners LP (NYSE:BEP) released its quarterly earnings data on Wednesday, July, 31st. The utilities provider reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' 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 Wednesday, October 30th 2019. View Earnings Estimates for Brookfield Renewable Partners.

6 Wall Street analysts have issued 12 month price objectives for Brookfield Renewable Partners' stock. Their forecasts range from $28.00 to $53.00. On average, they expect Brookfield Renewable Partners' stock price to reach $39.1667 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Brookfield Renewable Partners.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookfield Renewable Partners.

News coverage about BEP stock has been trending somewhat negative on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brookfield Renewable Partners earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Brookfield Renewable Partners.

Brookfield Renewable Partners saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 407,100 shares, a decrease of 8.4% from the July 31st total of 444,600 shares. Based on an average daily trading volume, of 155,100 shares, the short-interest ratio is currently 2.6 days. Approximately 0.2% of the shares of the company are short sold. View Brookfield Renewable Partners' Current Options Chain.

Some companies that are related to Brookfield Renewable Partners include FirstEnergy (FE), CLP (CLPHY), Edison International (EIX), DTE Energy (DTE), Entergy (ETR), PPL (PPL), Tenaga Nasional Bhd (TNABY), Fortis (FTS), Avangrid (AGR), SSE PLC/S (SSEZY), CenterPoint Energy (CNP), CENTRAIS ELETRI/S (EBR.B), EDP-Energias de Portugal, S.A (EDPFY), CENTRAIS ELETRI/S (EBR) and Korea Electric Power (KEP).

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

Brookfield Renewable Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (4.64%), Bank of Montreal Can (2.51%), TD Asset Management Inc. (1.44%), Scotia Capital Inc. (1.31%), Toronto Dominion Bank (1.26%) and Toronto Dominion Bank (1.26%).

BEP stock was sold by a variety of institutional investors in the last quarter, including Scotia Capital Inc., TD Asset Management Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Bank of America Corp DE, Bank of Nova Scotia Trust Co., Toronto Dominion Bank, Toronto Dominion Bank and First Trust Advisors LP.

BEP stock was bought by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Kayne Anderson Capital Advisors LP, Royal Bank of Canada, Bank of Montreal Can, Intact Investment Management Inc., Hillsdale Investment Management Inc., Morgan Stanley and Acadian 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 $37.64.

Brookfield Renewable Partners has a market capitalization of $6.73 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]