Brookfield Renewable Partners - BEP Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last twelve months. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BEP shares.
View BEP analyst ratings or view top-rated stocks.

13 equities research analysts have issued twelve-month price objectives for Brookfield Renewable Partners' stock. Their BEP share price forecasts range from $33.00 to $46.00. On average, they anticipate the company's stock price to reach $41.55 in the next year. This suggests a possible upside of 30.5% from the stock's current price.
View analysts price targets for BEP or view top-rated stocks among Wall Street analysts.

Brookfield Renewable Partners' stock was trading at $35.79 on January 1st, 2022. Since then, BEP stock has decreased by 11.0% and is now trading at $31.84.
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Brookfield Renewable Partners saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 808,800 shares, a drop of 27.1% from the August 31st total of 1,110,000 shares. Based on an average daily trading volume, of 220,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 0.3% of the shares of the stock are short sold.
View Brookfield Renewable Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our BEP earnings forecast.

Brookfield Renewable Partners L.P. (NYSE:BEP) released its earnings results on Friday, August, 5th. The utilities provider reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.12. The utilities provider earned $1.27 billion during the quarter, compared to analysts' expectations of $725.48 million. Brookfield Renewable Partners had a net margin of 0.76% and a trailing twelve-month return on equity of 0.15%.

Brookfield Renewable Partners declared a quarterly dividend on Friday, August 5th. Stockholders of record on Wednesday, August 31st will be paid a dividend of $0.32 per share on Thursday, September 29th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date is Tuesday, August 30th.
Read our dividend analysis for BEP.

Brookfield Renewable Partners (NYSE:BEP) pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.96%. BEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BEP.

Shares of Brookfield Renewable Partners 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 payable to shareholders after the closing bell on Friday, December 11th 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

57 employees have rated Brookfield Renewable Partners Chief Executive Officer Sachin Shah on Glassdoor.com. Sachin Shah has an approval rating of 57% among the company's employees. This puts Sachin Shah in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 variety of retail and institutional investors. Top institutional shareholders include Rempart Asset Management Inc. (0.14%).

Shares of BEP stock 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 $31.84.

Brookfield Renewable Partners (NYSE:BEP) has a market capitalization of $8.76 billion and generates $4.10 billion in revenue each year. The utilities provider earns $-124,000,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis.

The company employs 2,875 workers across the globe.

Brookfield Renewable Partners' mailing address is 73 FRONT STREET FIFTH FLOOR, HAMILTON D0, HM 12. The official website for the company is www.bep.brookfield.com. The utilities provider can be reached via phone at (441) 294-3304, via email at enquiries@brookfieldrenewable.com, or via fax at 441-296-4475.