Brookfield Renewable Partners (BEP.UN) Stock Price, News & Analysis

Company Overview

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. The company was founded in 1999 and is based in Hamilton, Bermuda. Brookfield Renewable Partners L.P. is a subsidiary of Brookfield Renewable Partners Limited.

Key Stats

• Today's Range: C$38.29 to C$39.73
• 50-Day Range: C$31.81 to C$40.00
• 52-Week Range: C$27.55 to C$40.84
• Volume: 337,891 shs
• Average Volume: 298,295 shs
• Market Capitalization: C$10.99 billion
• P/E Ratio: N/A
• Dividend Yield: 4.96%
• Price Target: C$40.00
• Consensus Rating: Hold

Brookfield Renewable Partners Stock Analysis - MarketRank™

Brookfield Renewable Partners scored higher than 18% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Brookfield Renewable Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Brookfield Renewable Partners has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Brookfield Renewable Partners is -44.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brookfield Renewable Partners is -44.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Brookfield Renewable Partners has a PEG Ratio of 8.53. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Brookfield Renewable Partners has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BEP.UN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Brookfield Renewable Partners is a leading dividend payer. It pays a dividend yield of 4.96%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Brookfield Renewable Partners does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BEP.UN.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.31

News Sentiment

Brookfield Renewable Partners has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Brookfield Renewable Partners this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for BEP.UN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

3 people have added Brookfield Renewable Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Brookfield Renewable Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$71,227.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Institutions

65.79% of the stock of Brookfield Renewable Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BEP.UN Stock Analysis - Frequently Asked Questions

How have BEP.UN shares performed this year?

Brookfield Renewable Partners' stock was trading at C$34.81 at the beginning of the year. Since then, BEP.UN stock has increased by 10.7% and is now trading at C$38.54.
View the best growth stocks for 2024 here.

How do I buy shares of Brookfield Renewable Partners?

Shares of BEP.UN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Today: 10/23/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Independent Power Producers
• Sub-Industry: N/A
• Current Symbol: TSE:BEP.UN
• CUSIP: N/A
• CIK: N/A
• Web: N/A
• Phone: +1-441-2943304
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$40.00
• High Stock Price Target: C$40.00
• Low Stock Price Target: C$40.00
• Potential Upside/Downside: +3.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.87)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 380.80
• P/E Growth: 8.53
• Net Income: C$-230,000,000.00
• Net Margins: -4.20%
• Pretax Margin: N/A
• Return on Equity: 0.46%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 107.80
• Current Ratio: 0.52
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: C$5.48 billion
• Price / Sales: 2.00
• Cash Flow: C$2.15 per share
• Price / Cash Flow: 17.91
• Book Value: C$16.43 per share
• Price / Book: 2.35

Miscellaneous

• Outstanding Shares: 285,050,000
• Free Float: N/A
• Market Cap: C$10.99 billion
• Optionable: Not Optionable
• Beta: 0.89