NYSE:BEP - Brookfield Renewable Partners Stock Price, News & Analysis

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. Stockholders 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 dividend yield of 11.28%. The ex-dividend date of this dividend is Thursday, August 29th. This is an increase from Brookfield Renewable Partners's previous quarterly dividend of $0.52. View Brookfield Renewable Partners' Dividend History.

Brookfield Renewable Partners announced that its board has authorized a stock repurchase program on Saturday, December 23rd 2017, which allows the company to repurchase 9,000,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

Brookfield Renewable Partners LP (NYSE:BEP) announced its quarterly earnings results on Wednesday, July, 31st. The utilities provider reported $0.05 EPS for the quarter, missing the consensus estimate of $0.26 by $0.21. The utilities provider had revenue of $787 million for 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 targets 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 7.2% 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 trended positive this week, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookfield Renewable Partners earned a news impact score of 2.5 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Brookfield Renewable Partners.

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

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), AbbVie (ABBV), The Coca-Cola (KO), Micron Technology (MU), Pfizer (PFE) and Cisco Systems (CSCO).

Brookfield Renewable Partners' stock is owned by many different 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 CIBC Asset Management Inc (0.92%).

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

BEP stock was acquired 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, Scottrade, Fidelity and Charles Schwab.

One share of BEP stock can currently be purchased for approximately $36.52.

Brookfield Renewable Partners has a market capitalization of $6.53 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]