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Brookfield Renewable Partners (BEP)
NYSE:BEP
RESEARCH TOOLSreports
Brookfield Renewable Partners (BEP) Stock Price & Analysis
2,246 Followers
BEP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.39 - $30.95
Previous Close$27.54
Volume95.53K
Average Volume (3M)584.89K
Market Cap
$18.54B
Enterprise Value$58.11B
Total Cash (Recent Filing)$1.33B
Total Debt (Recent Filing)$34.17B
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Aug 02, 2024EPS Estimate
-$0.07Last Dividend Ex-Date
May 31, 2024Dividend Yield5%
Share Statistics
EPS (TTM)-0.46
Shares Outstanding470,793,126
10 Day Avg. Volume405,092
30 Day Avg. Volume584,893
Standard Deviation0.09
R-Squared0.29
Alpha0.00148
Financial Highlights & Ratios
Price to Book (P/B)3.37
Price to Sales (P/S)1.57
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.28
Enterprise Value/Gross Profit11.53
Enterprise Value/Ebitda19.92
Forecast
1Y Price Target
$30.22Price Target Upside9.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Brookfield Renewable Partners News
PremiumCompany Announcements
Brookfield’s Strategic Acquisition of Neoen
PremiumCompany Announcements
Brookfield to Acquire Majority of Renewable Giant Neoen
PremiumCompany Announcements
Brookfield Prioritizes Long-Term Incentives for ExecutivesBulls Say, Bears Say
Bulls Say
Diverse PortfolioBrookfield Renewable Partners L.P. boasts a broad and diverse portfolio in the renewable energy sector, valued at US$69bn, spanning across North America, Europe, Brazil, Asia, and other regions, positioning it as a leading player in the global shift towards sustainable energy.
Financial PerformanceAnalysts highlight the company's consistent financial performance, with a history of delivering an average dividend yield of around 6% and a compound annual growth rate of 6% in distributions, underpinned by a robust financial foundation and high-quality cash yields.
Growth ProspectsBrookfield Renewable Partners L.P. is aligned with positive industry tailwinds, including benefits from the US Inflation Reduction Act and a commitment to a long-term total shareholder return of 12-15%, supported by a target of 10% growth in funds from operations per unit.
Bears Say
Financial HealthThe company's balance sheet might be at risk as increasing interest rates could magnify the impact of its relatively low EBITDA interest coverage.
Interest CoverageWith interest rates going up, the company's low EBITDA interest coverage may lead to financial stress.
Interest Rates And LeverageRising interest rates could strain the company's finances due to its high leverage.
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Ownership Overview
20.80%
Insiders
3.23% Mutual Funds
45.35% Other Institutional Investors
30.62% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BEP FAQ
What was Brookfield Renewable Partners’s price range in the past 12 months?
Brookfield Renewable Partners lowest stock price was $19.39 and its highest was $30.95 in the past 12 months.
What is Brookfield Renewable Partners’s market cap?
Currently, no data Available
When is Brookfield Renewable Partners’s upcoming earnings report date?
Brookfield Renewable Partners’s upcoming earnings report date is Aug 02, 2024 which is in 63 days.
How were Brookfield Renewable Partners’s earnings last quarter?
Brookfield Renewable Partners released its earnings results on May 03, 2024. The company reported -$0.23 earnings per share for the quarter, missing the consensus estimate of -$0.138 by -$0.092.
Is Brookfield Renewable Partners overvalued?
According to Wall Street analysts Brookfield Renewable Partners’s price is currently Undervalued.
Does Brookfield Renewable Partners pay dividends?
Brookfield Renewable Partners pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 5%. See more information on Brookfield Renewable Partners dividends here
What is Brookfield Renewable Partners’s EPS estimate?
Brookfield Renewable Partners’s EPS estimate is -$0.07.
How many shares outstanding does Brookfield Renewable Partners have?
Brookfield Renewable Partners has 287,164,340 shares outstanding.
What happened to Brookfield Renewable Partners’s price movement after its last earnings report?
Brookfield Renewable Partners reported an EPS of -$0.23 in its last earnings report, missing expectations of -$0.138. Following the earnings report the stock price went up 4.542%.
Which hedge fund is a major shareholder of Brookfield Renewable Partners?
Among the largest hedge funds holding Brookfield Renewable Partners’s share is Sheaff Brock Investment Advisors LLC. It holds Brookfield Renewable Partners’s shares valued at N/A.
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Brookfield Renewable Partners Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$30.22 (9.89% Upside)
$30.22 (9.89% Upside)
Blogger Sentiment
Bullish
BEP Sentiment 96%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Negative
Last 7 Days ▲ 0.1%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-6.56%
12-Months-Change
Fundamentals
Return on Equity
-1.94%
Trailing 12-Months
Asset Growth
15.92%
Trailing 12-Months
Company Description
Brookfield Renewable Partners
Brookfield Renewable Partners LP engages in owning a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.. It operates through following segments: Hydroelectric; Wind; Solar; Storage and Other; and Corporate. The company was founded on June 27, 2011 and is headquartered in Hamilton, Bermuda.
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BEP Earnings Call
Q1 2024
0:00 / 0:00
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BEP Stock 12 Month Forecast
Average Price Target
$30.22
▲(9.89% Upside)
Technical Analysis
Nextera Energy Partners
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Atmos Energy
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Atlantica Sustainable Infrastructure
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Avangrid
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Best Analysts Covering BEP
1 Year
1 Year Success Rate
13/21 ratings generated profit
1 Year Average Return
+2.29%
reiterated a buy rating 26 days ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 61.90% of your transactions generating a profit, with an average return of +2.29% per trade.
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