About Brookfield Renewable Partners (NYSE:BEP)
-logo.jpg "Brookfield Renewable Partners logo")
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. The company was founded in 1999 and is based in Hamilton, Bermuda. Brookfield Renewable Partners L.P. is a subsidiary of Brookfield Renewable Partners Limited.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:BEP
CUSIPN/A
Phone441-294-3304
Debt
Debt-to-Equity Ratio0.73%
Current Ratio0.66%
Quick Ratio0.66%
Price-To-Earnings
Trailing P/E Ratio-170.11
Forward P/E Ratio255.17
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.63 billion
Price / Sales2.10
Cash Flow$4.5565 per share
Price / Cash6.72
Book Value$76.37 per share
Price / Book0.40
Profitability
EPS (Most Recent Fiscal Year)($0.18)
Net Income$-4,000,000.00
Net Margins1.94%
Return on Equity0.40%
Return on Assets0.18%
Miscellaneous
Employees2,175
Outstanding Shares180,390,000
Brookfield Renewable Partners (NYSE:BEP) Frequently Asked Questions
What is Brookfield Renewable Partners' stock symbol?
Brookfield Renewable Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEP."
How often does Brookfield Renewable Partners pay dividends? What is the dividend yield for Brookfield Renewable Partners?
Brookfield Renewable Partners announced a quarterly dividend on Tuesday, February 6th. Stockholders of record on Wednesday, February 28th will be paid a dividend of $0.49 per share on Thursday, March 29th. This represents a $1.96 annualized dividend and a dividend yield of 6.40%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a positive change from Brookfield Renewable Partners's previous quarterly dividend of $0.47. View Brookfield Renewable Partners' Dividend History.
How will Brookfield Renewable Partners' stock buyback program work?
Brookfield Renewable Partners announced that its Board of Directors has approved a share repurchase plan on Saturday, December 23rd 2017, which permits the company to repurchase 9,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.
How were Brookfield Renewable Partners' earnings last quarter?
Brookfield Renewable Partners (NYSE:BEP) issued its quarterly earnings data on Friday, August, 4th. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.05. The utilities provider earned $683 million during the quarter, compared to the consensus estimate of $721.75 million. Brookfield Renewable Partners had a return on equity of 0.40% and a net margin of 1.94%. View Brookfield Renewable Partners' Earnings History.
When is Brookfield Renewable Partners' next earnings date?
What price target have analysts set for BEP?
15 brokerages have issued twelve-month price targets for Brookfield Renewable Partners' stock. Their forecasts range from $34.50 to $42.00. On average, they expect Brookfield Renewable Partners' stock price to reach $36.2778 in the next year. View Analyst Ratings for Brookfield Renewable Partners.
What are Wall Street analysts saying about Brookfield Renewable Partners stock?
Here are some recent quotes from research analysts about Brookfield Renewable Partners stock:
- 1. According to Zacks Investment Research, "Brookfield Renewable Energy Partners L.P. owns and operates renewable power platform. The company's power generating portfolio comprised of hydroelectric generating, wind facilities and natural gas-fired plants. It operates in the United States, Canada and Brazil. The company sells its generation output to public power authorities, load-serving utilities and industrial users. Brookfield Renewable Energy Partners L.P., is based in Hamilton, Bermuda. " (2/12/2018)
- 2. TD Securities analysts commented, "We view this as an encouraging trend following consistent generation shortfalls in recent quarters. Hydroelectric generation was very strong in Canada (22% above LTA) and New York, which mitigated the below-average electricity production at other assets within the U.S. hydro portfolio. The TerraForm transactions are on track to close by the end of 2017. BEP’s equity investment in the TerraForm companies is expected to be approximately $500 million (available liquidity at the end of Q1/17 was $1.6 billion). Management sees an attractive M&A opportunity set across several geographies – especially North America. Brookfield Renewable also continues to be interested in investments in India (on top of the 299 MW of assets in India owned by TerraForm Global). The L.P. anticipates that it will continue with select asset sales (primarily wind in developed markets), recycling capital for accretive deployment. Brookfield Renewable continues to advance an active development pipeline (271 MW of construction and development projects). We reiterate our BUY recommendation and $33.00 target price. TD Investment Conclusion Brookfield Renewable is pursuing a contrarian approach to growth in regions with limited competition and is complementing opportunistic M&A with organic development activity. In our view, the L.P. offers a compelling balance of FFO/unit growth potential and a robust prospective expansion pipeline." (5/4/2017)
Who are some of Brookfield Renewable Partners' key competitors?
Some companies that are related to Brookfield Renewable Partners include Red Eléctrica de Espańa (RDEIY), NRG Energy (NRG), Huaneng Power International (HNP), Vistra Energy (VST), Pinnacle West Capital (PNW), CPFL Energia (CPL), Great Plains Energy (GXP), Enel Generación Chile (EOCC), OGE Energy (OGE), Enel Chile (ENIC), Idacorp (IDA), Algonquin Power & Utilities (AQN), Pampa Energia (PAM), Hawaiian Electric Industries (HE), Portland General Electric (POR), NRG Yield (NYLD), PNM Resources (PNM) and CEMIG (CIG).
Who are Brookfield Renewable Partners' key executives?
Brookfield Renewable Partners' management team includes the folowing people:
- Mr. Sachin G. Shah CPA, Chief Exec. Officer of BRP Energy Group LP (Age 41)
- Ms. Jennifer Mazin, Gen. Counsel of BRP Energy Group LP (Age 44)
- Mr. Ralf Niklas Rank, Managing Partner of Private Equity, Europe, CIO Services
- Mr. Wyatt Hartley, Chief Financial Officer of BRP Energy Group LP
- Mr. Zev Korman, Sr. VP, Investor and Media Relations
Has Brookfield Renewable Partners been receiving favorable news coverage?
Media coverage about BEP stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Brookfield Renewable Partners earned a news sentiment score of 0.23 on Accern's scale. They also gave news articles about the utilities provider an impact score of 44.94 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
How do I buy shares of Brookfield Renewable Partners?
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, Scottrade, Fidelity and Charles Schwab.
What is Brookfield Renewable Partners' stock price today?
One share of BEP stock can currently be purchased for approximately $30.62.
How big of a company is Brookfield Renewable Partners?
Brookfield Renewable Partners has a market capitalization of $5.60 billion and generates $2.63 billion in revenue each year. The utilities provider earns $-4,000,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis. Brookfield Renewable Partners employs 2,175 workers across the globe.
How can I contact Brookfield Renewable Partners?
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]
MarketBeat Community Rating for Brookfield Renewable Partners (BEP)
MarketBeat's community ratings are surveys of what our community members think about Brookfield Renewable Partners and other stocks. Vote "Outperform" if you believe BEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BEP will underperform the S&P 500 over the long term. You may vote once every thirty days.
Brookfield Renewable Partners (NYSE:BEP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
15 Wall Street analysts have issued ratings and price targets for Brookfield Renewable Partners in the last 12 months. Their average twelve-month price target is $36.2778, suggesting that the stock has a possible upside of 18.48%. The high price target for BEP is $42.00 and the low price target for BEP is $34.50. There are currently 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.33 | 2.33 | 2.29 | 2.25 |
| Ratings Breakdown: | 0 Sell Rating(s)
10 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
10 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
10 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
9 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $36.2778 | $36.2778 | $38.1667 | $38.4375 |
| Price Target Upside: | 18.48% upside | 12.52% upside | 14.17% upside | 10.33% upside |
Brookfield Renewable Partners (NYSE:BEP) Consensus Price Target History
Brookfield Renewable Partners (NYSE:BEP) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Brookfield Renewable Partners (NYSE:BEP) Dividend Information
Brookfield Renewable Partners pays an annual dividend of $1.96 per share, with a dividend yield of 6.40%. BEP's most recent quarterly dividend payment was Thursday, March 29. The company has grown its dividend for the last 4 consecutive years and is increasing its dividend by an average of 1.60% each year. Brookfield Renewable Partners pays out -1,088.89% of its earnings out as a dividend.
| Most Recent Dividend: | 3/29/2018 |
| Annual Dividend: | $1.96 |
| Dividend Yield: | 6.40% |
| Dividend Growth: | 1.60% (3 Year Average) |
| Payout Ratio: | -1,088.89% (Trailing 12 Months of Earnings)
1,633.33% (Based on This Year's Estimates)
980.00% (Based on Next Year's Estimates)
|
| Track Record: | 4 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Brookfield Renewable Partners (NYSE:BEP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/6/2018 | Quarterly | $0.49 | 6.3% | 2/27/2018 | 2/28/2018 | 3/29/2018 |
| 10/30/2017 | Quarterly | $0.4680 | 5.53% | 11/29/2017 | 11/30/2017 | 12/29/2017 |
| 8/7/2017 | Quarterly | $0.4680 | | 8/29/2017 | 8/31/2017 | 9/30/2017 |
| 8/8/2017 | quarterly | $0.4675 | 5.53% | 8/29/2017 | 8/31/2017 | 9/30/2017 |
| 5/5/2017 | quarterly | $0.4675 | 6.03% | 5/26/2017 | 5/31/2017 | 6/30/2017 |
| 2/6/2017 | quarterly | $0.4675 | 6.24% | 2/24/2017 | 2/28/2017 | 3/31/2017 |
| 11/25/2016 | Quarterly | $0.4450 | | 11/28/2016 | 11/30/2016 | 12/30/2016 |
| 11/4/2016 | Quarterly | $0.4450 | | 11/28/2016 | 11/30/2016 | 12/31/2016 |
| 8/4/2016 | Quarterly | $0.4450 | | 8/29/2016 | 8/31/2016 | 9/30/2016 |
| 5/6/2016 | Quarterly | $0.4450 | | 5/26/2016 | 5/31/2016 | 6/30/2016 |
| 2/4/2016 | Quarterly | $0.4450 | | 2/25/2016 | 2/29/2016 | 3/31/2016 |
| 11/3/2015 | Quarterly | $0.4150 | | 11/25/2015 | 11/30/2015 | 12/31/2015 |
| 5/7/2015 | quarterly | $0.4150 | 5.27% | 5/27/2015 | 5/29/2015 | 6/30/2015 |
| 2/6/2015 | quarterly | $0.4150 | 5.42% | 2/25/2015 | 2/27/2015 | 3/31/2015 |
| 11/4/2014 | quarterly | $0.3875 | 5.17% | 11/25/2014 | 11/28/2014 | 12/31/2014 |
| 8/6/2014 | quarterly | $0.3875 | 5.3% | 8/27/2014 | 8/29/2014 | 9/30/2014 |
| 5/5/2014 | quarterly | $0.3875 | 5.24% | 5/28/2014 | 5/30/2014 | 6/30/2014 |
| 11/8/2013 | quarterly | $0.3625 | 5.29% | 12/27/2013 | 12/31/2013 | 1/31/2014 |
| 8/8/2013 | quarterly | $0.3625 | 5.39% | 9/26/2013 | 9/30/2013 | 10/31/2013 |
(Data available from 1/1/2013 forward)
Brookfield Renewable Partners (NYSE BEP) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 54.69%
Brookfield Renewable Partners (NYSE BEP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Brookfield Renewable Partners (NYSE BEP) News Headlines
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Brookfield Renewable Partners (NYSE:BEP) SEC Filings
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Brookfield Renewable Partners (NYSE BEP) Stock Chart for Friday, April, 20, 2018
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