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 announced a quarterly dividend on Tuesday, July 30th. Stockholders of record on Friday, August 30th will be given a dividend of $1.03 per share on Monday, September 30th. This represents a $4.12 annualized dividend and a dividend yield of 9.73%. The ex-dividend date 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 declared that its board has authorized a share buyback plan on Saturday, December 23rd 2017, which allows the company to buyback 9,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

Brookfield Renewable Partners LP (NYSE:BEP) released its earnings results 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 had revenue of $787 million for the quarter. Brookfield Renewable Partners had a net margin of 9.16% and a return on equity of 1.80%. View Brookfield Renewable Partners' Earnings History.

Brookfield Renewable Partners is scheduled to release their next quarterly earnings announcement on Monday, November 11th 2019. View Earnings Estimates for Brookfield Renewable Partners.

Brookfield Renewable Partners will be holding an earnings conference call on Monday, November 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 Wall Street analysts have issued 12 month price objectives for Brookfield Renewable Partners' stock. Their predictions range from $36.00 to $45.00. On average, they expect Brookfield Renewable Partners' stock price to reach $40.75 in the next year. This suggests that the stock has a possible downside of 3.8%. 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 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brookfield Renewable Partners.

Media coverage about BEP stock has trended somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Brookfield Renewable Partners earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Brookfield Renewable Partners.

Brookfield Renewable Partners saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 319,000 shares, a drop of 18.3% from the August 30th total of 390,600 shares. Based on an average trading volume of 171,200 shares, the short-interest ratio is currently 1.9 days. Approximately 0.2% of the company's shares are short sold. View Brookfield Renewable Partners' Current Options Chain.

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

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), The Coca-Cola (KO), Blackstone Group (BX), Paychex (PAYX), AbbVie (ABBV), Pfizer (PFE) and Cisco Systems (CSCO).

Brookfield Renewable Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include CIBC Private Wealth Group LLC (0.22%), Karpas Strategies LLC (0.07%), Walnut Private Equity Partners LLC (0.04%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), Coastline Trust Co (0.03%) and Triad Investment Management (0.01%).

BEP stock was sold by a variety of institutional investors in the last quarter, including Triad Investment Management, Karpas Strategies LLC, Wiley BROS. Aintree Capital LLC and NEXT Financial Group Inc.

BEP stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Walnut Private Equity Partners LLC, Coastline Trust Co, DORCHESTER WEALTH MANAGEMENT Co, Whittier Trust Co., Truvestments Capital LLC, Gradient Investments LLC and Evanson 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 $42.36.

Brookfield Renewable Partners has a market capitalization of $7.58 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]