NYSE:BEPBrookfield Renewable Partners Stock Price, Forecast & News

Brookfield Renewable Partners' stock was trading at $44.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BEP shares have increased by 9.9% and is now trading at $48.85. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Renewable Partners in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brookfield Renewable Partners.

Brookfield Renewable Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Brookfield Renewable Partners.

Brookfield Renewable Partners LP (NYSE:BEP) posted its earnings results on Wednesday, May, 6th. The utilities provider reported $0.06 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.09 by $0.03. The utilities provider earned $792 million during the quarter. Brookfield Renewable Partners had a return on equity of 0.85% and a net margin of 4.68%. View Brookfield Renewable Partners' earnings history.

Brookfield Renewable Partners declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, May 29th will be given a dividend of $0.5425 per share on Tuesday, June 30th. This represents a $2.17 annualized dividend and a yield of 4.44%. The ex-dividend date is Thursday, May 28th. View Brookfield Renewable Partners' dividend history.

11 analysts have issued 12 month price objectives for Brookfield Renewable Partners' stock. Their forecasts range from $39.00 to $63.69. On average, they expect Brookfield Renewable Partners' stock price to reach $53.15 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View analysts' price targets for Brookfield Renewable Partners.

News coverage about BEP stock has trended very negative on Sunday, InfoTrie reports. The research firm identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. Brookfield Renewable Partners earned a coverage optimism score of -3.7 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutBrookfield Renewable Partners.

Brookfield Renewable Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,940,000 shares, an increase of 5.4% from the April 30th total of 2,790,000 shares. Based on an average daily volume of 498,900 shares, the days-to-cover ratio is currently 5.9 days. Approximately 1.6% of the company's stock are short sold. View Brookfield Renewable Partners' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Renewable Partners investors own include AT&T (T), Energy Transfer LP Unit (ET), Brookfield Infrastructure Partners (BIP), AbbVie (ABBV), Enterprise Products Partners (EPD), Pfizer (PFE), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ) and IBM (IBM).

Brookfield Renewable Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEP."

Brookfield Renewable Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include CIBC Asset Management Inc (1.56%), Principal Financial Group Inc. (1.36%), The Manufacturers Life Insurance Company (0.69%), Kayne Anderson Capital Advisors LP (0.67%), CIBC World Markets Inc. (0.66%) and Toronto Dominion Bank (0.54%).

BEP stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, CIBC World Markets Inc., Mackenzie Financial Corp, Franklin Resources Inc., Hillsdale Investment Management Inc., Wells Fargo & Company MN, AGF Investments America Inc., and Jane Street Group LLC.

BEP stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Silver Lake Advisory LLC, CIBC Asset Management Inc, Fiera Capital Corp, Connor Clark & Lunn Investment Management Ltd., Kayne Anderson Capital Advisors LP, Jennison Associates LLC, and American Assets Capital Advisers 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 $48.85.

Brookfield Renewable Partners has a market capitalization of $8.75 billion and generates $2.98 billion in revenue each year. The utilities provider earns $10 million in net income (profit) each year or ($0.19) on an earnings per share basis. Brookfield Renewable Partners employs 2,600 workers across the globe.

The official website for Brookfield Renewable Partners is 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]