About Brookfield Renewable Partners (NYSE:BEP)
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as a pure-play renewable power platform. Its segments include Hydroelectric, Wind, Other and Corporate. It operates renewable power generating assets, which include conventional hydroelectric facilities and wind facilities located in North America, Colombia, Brazil and Europe. It also operates approximately four biomass facilities and three Co-gen facilities. It owns approximately 10,730 megawatts (MW) of installed capacity and an over 6,000 MW development pipeline diversified across 15 power markets in North America, Colombia, Brazil and Europe. This portfolio includes approximately 217 hydroelectric generating stations on over 82 river systems and approximately 38 wind facilities. Its portfolio also includes over 3,000 MW of medium to long-term development projects.
Industry, Sector and Symbol
Industry Renewable IPPs
Trailing P/E Ratio-270.833333333333
Forward P/E Ratio-51.59
Sales & Book Value
Annual Sales$2.45 billion
Price / Sales2.39
Cash Flow$4.92 per share
Price / Cash6.60
Book Value$74.01 per share
Price / Book0.44
Return on Equity0.64%
Return on Assets0.29%
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 declared a quarterly dividend on Tuesday, February 6th. Stockholders of record on Wednesday, February 28th will be given a dividend of $0.49 per share on Thursday, March 29th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a boost 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 has approved a stock 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 reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.
How were Brookfield Renewable Partners' earnings last quarter?
Brookfield Renewable Partners LP (NYSE:BEP) issued its quarterly earnings data on Friday, August, 4th. The utilities provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.05. The utilities provider had revenue of $683 million for the quarter, compared to the consensus estimate of $721.75 million. Brookfield Renewable Partners had a return on equity of 0.64% and a net margin of 3.11%. View Brookfield Renewable Partners' Earnings History.
Where is Brookfield Renewable Partners' stock going? Where will Brookfield Renewable Partners' stock price be in 2018?
14 brokerages have issued 1-year price targets for Brookfield Renewable Partners' shares. Their forecasts range from $34.50 to $42.00. On average, they expect Brookfield Renewable Partners' stock price to reach $36.28 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 CenterPoint Energy (CNP), Red Electrica (RDEIY), Centrica (CPYYY), Regency Energy Partners (RGP), Emera (EMA), Atmos Energy (ATO), Huaneng Power International (HNP), Alliant Energy (LNT), APA Group (APA), Terna - Rete Elettrica Nazionale (TRN), Pinnacle West Capital (PNW), SUEZ (SZEVY), Vistra Energy (VST), NRG Energy (NRG), Southern Company Gas (GAS), NiSource (NI), Enel Generacion Chile (EOCC) and UGI (UGI).
Who are Brookfield Renewable Partners' key executives?
Brookfield Renewable Partners' management team includes the folowing people:
- Jeffrey M. Blidner, Chairman of the Board of the General Partner (Age 69)
- Sachin G. Shah, Chief Executive Officer of the General Partner
- Wyatt Hartley, Chief Financial Officer of the General Partner
- Harry A. Goldgut, Group Chairman of the General Partner
- Richard Legault CPA, Group Chairman of the General Partner
- Henrique Martins, Chief Executive Officer - Brazil of the General Partner
- Jennifer Alison Mazin, General Counsel of the General Partner
- David McDaniel Mann QC, Lead Independent Director of the General Partner (Age 77)
- Lars G. Josefsson, Director of the General Partner (Age 68)
- Eleazar de Carvalho Filho, Independent Director of the General Partner (Age 59)
Who owns Brookfield Renewable Partners stock?
Brookfield Renewable Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (1.50%), Scotia Capital Inc. (1.43%), CIBC Asset Management Inc (0.96%), CIBC World Markets Inc. (0.58%), The Manufacturers Life Insurance Company (0.57%) and Franklin Resources Inc. (0.47%). View Institutional Ownership Trends for Brookfield Renewable Partners.
Who sold Brookfield Renewable Partners stock? Who is selling Brookfield Renewable Partners stock?
Brookfield Renewable Partners' stock was sold by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Clearbridge Investments LLC, The Manufacturers Life Insurance Company , Deutsche Bank AG, Renaissance Technologies LLC, Ecofin Ltd., Franklin Resources Inc. and Bank of Nova Scotia Trust Co.. View Insider Buying and Selling for Brookfield Renewable Partners.
Who bought Brookfield Renewable Partners stock? Who is buying Brookfield Renewable Partners stock?
Brookfield Renewable Partners' stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, APG Asset Management N.V., Kayne Anderson Capital Advisors LP, American Assets Capital Advisers LLC, CIBC World Markets Inc., Scotia Capital Inc., First Manhattan Co. and Lake Street Advisors Group LLC. View Insider Buying and Selling for Brookfield Renewable Partners.
How do I buy Brookfield Renewable Partners stock?
Shares of Brookfield Renewable Partners 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 Brookfield Renewable Partners stock can currently be purchased for approximately $32.50.
How big of a company is Brookfield Renewable Partners?
Brookfield Renewable Partners has a market capitalization of $5.86 billion and generates $2.45 billion in revenue each year. The utilities provider earns $-21,000,000.00 in net income (profit) each year or ($0.12) 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 FIFTH FLOOR, 73 FRONT STREET, HAMILTON, HM 12, Bermuda. The utilities provider can be reached via phone at +1-441-2943304 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Brookfield Renewable Partners (NYSE:BEP) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.36||2.31||2.25||2.36|
|Ratings Breakdown: ||0 Sell Rating(s)|
9 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 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)
|0 Sell Rating(s)|
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$36.28||$38.17||$38.44||$36.63|
|Price Target Upside: ||12.52% upside||14.17% upside||13.92% upside||6.62% upside|
Brookfield Renewable Partners (NYSE:BEP) Consensus Price Target History
Brookfield Renewable Partners (NYSE:BEP) Analyst Ratings History
(Data available from 2/19/2016 forward)
Brookfield Renewable Partners (NYSE:BEP) Earnings History and Estimates Chart
Brookfield Renewable Partners (NYSE BEP) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||($0.07)||($0.14)||$795.58 million||$762.30 million||View||N/A|
|8/4/2017||6/30/2017||$0.08||$0.13||$721.75 million||$683.00 million||View||N/A|
|5/3/2017||3/31/2017||$0.11||$0.05||$699.25 million||$677.00 million||View||Listen|
|3/1/2017||Q4 2016||($0.16)||$571.00 million||View||N/A|
|11/3/2016||Q316||($0.06)||($0.12)||$602.74 million||$580.00 million||View||N/A|
|8/4/2016||Q216||$0.40||($0.11)||$718.66 million||$627.00 million||View||N/A|
|5/4/2016||Q116||$0.13||$0.16||$640.90 million||$674.00 million||View||N/A|
|2/26/2016||Q4 2015||$0.12||($0.09)||$450.20 million||$392.00 million||View||N/A|
|2/4/2016||Q415||$0.08||$0.46||$446.61 million||$392.00 million||View||N/A|
|11/3/2015||Q315||($0.05)||($0.07)||$432.94 million||$337.00 million||View||N/A|
|8/6/2015||Q215||$0.34||$0.07||$499.42 million||$458.00 million||View||N/A|
|5/6/2015||Q314||$0.24||$0.10||$502.66 million||$441.00 million||View||N/A|
|2/27/2015||Q4 2014||$0.17||$0.11||$439.56 million||$408.00 million||View||N/A|
|2/6/2015||Q214||$0.16||$0.42||$447.90 million||$408.00 million||View||N/A|
|11/4/2014||Q3 2014||$0.04||($0.13)||$396.14 million||$342.00 million||View||N/A|
|8/6/2014||$0.28||$0.16||$470.88 million||$517.60 million||View||N/A|
|8/6/2014||Q2 2014||$0.26||$0.15||$7.44 billion||$474.00 million||View||N/A|
|5/2/2014||Q1 2014||$0.29||$450.60 million||$526.52 million||View||N/A|
|3/17/2014||Q4 2013||$0.08||$393.00 million||View||N/A|
|2/6/2014||Q413||$0.52||$317.00 million||$393.00 million||View||N/A|
|11/5/2013||Q1||$0.41||$229.00 million||$392.00 million||View||N/A|
|8/8/2013||Q2 2013||$0.17||$484.00 million||View||N/A|
|5/8/2013||Q1 2013||$0.23||$437.00 million||View||N/A|
Brookfield Renewable Partners (NYSE:BEP) Earnings Estimates
Current Year EPS Consensus Estimate: $-0.63 EPS
Next Year EPS Consensus Estimate: $0.12 EPS
Brookfield Renewable Partners (NYSE:BEP) Dividend Information
|Dividend Growth:||1.60% (3 Year Average)|
|Payout Ratio:||-1,558.33% (Trailing 12 Months of Earnings) |
-296.83% (Based on This Year's Estimates)
1,558.33% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Brookfield Renewable Partners (NYSE:BEP) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Brookfield Renewable Partners (NYSE BEP)
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Brookfield Renewable Partners (NYSE BEP) News Headlines
Brookfield Renewable Partners (NYSE:BEP) SEC Filings
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Financials are not available for this stock.
Brookfield Renewable Partners (NYSE BEP) Stock Chart for Monday, February, 19, 2018