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Brookfield Renewable Partners (BEP)
NYSE:BEP
RESEARCH TOOLSreports
Brookfield Renewable Partners (BEP) Stock Price & Analysis
2,291 Followers
BEP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.14 - $28.70
Previous Close$24.47
Volume143.23K
Average Volume (3M)558.36K
Market Cap
$16.29B
Enterprise Value$55.93B
Total Cash (Recent Filing)$1.60B
Total Debt (Recent Filing)$34.69B
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Aug 02, 2024EPS Estimate
-$0.07Last Dividend Ex-Date
May 31, 2024Dividend Yield5.6%
Share Statistics
EPS (TTM)-0.46
Shares Outstanding470,793,126
10 Day Avg. Volume489,910
30 Day Avg. Volume558,355
Standard Deviation0.10
R-Squared0.29
Alpha0.00354
Financial Highlights & Ratios
Price to Book (P/B)3.11
Price to Sales (P/S)5.32
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.08
Enterprise Value/Gross Profit11.10
Enterprise Value/Ebitda19.85
Forecast
1Y Price Target
$30.39Price Target Upside24.96% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Brookfield Renewable Partners News
PremiumCompany Announcements
Brookfield Renewable Sets New Dividend Rates
PremiumCompany Announcements
Brookfield Renewable Reinforces Ethical Commitment
PremiumCompany Announcements
Brookfield’s Strategic Acquisition of Neoen
PremiumCompany Announcements
Brookfield to Acquire Majority of Renewable Giant NeoenBulls Say, Bears Say
Bulls Say
Dividend Yields And Financial PerformanceSince 2013, BEP has delivered a firm track record of average dividend yields of c.6% (outperforming peers average of 4%) and DPU distribution CAGR of 6%, with cash yields backed by its investment-grade (BBB+) balance sheet and high-quality cash flows.
Expansion PlansBEP is confident of expanding its existing agreement into other regions (e.g., APAC, Latin America, India) beyond the current US/Europe focus, which is another positive.
Renewable PortfolioBEP is one of the largest renewable players with a diversified renewable portfolio valued at US$69bn across North America, Europe, Brazil, Asia and more.
Bears Say
Financial PerformanceA relatively low EBITDA interest coverage of 2.4x compared to peers' median of 4.6x highlights potential financial risks for BEP.
Interest RatesRising interest rates could impact BEP’s balance sheet health due to its high leverage and relatively low EBITDA interest coverage.
LeverageBEP's high leverage and relatively low EBITDA interest coverage raise concerns about its financial stability.
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Ownership Overview
20.80%
Insiders
3.20% Mutual Funds
45.24% Other Institutional Investors
30.76% 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 $19.14 and its highest was $28.70 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 31 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 5.6%. 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 4.56%.
Which hedge fund is a major shareholder of Brookfield Renewable Partners?
Currently, no hedge funds are holding shares in BEP
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Brookfield Renewable Partners Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$30.39 (24.96% Upside)
$30.39 (24.96% Upside)
Blogger Sentiment
Bullish
BEP Sentiment 97%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.33%
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
$30.39
▲(24.96% Upside)
Technical Analysis
Best Analysts Covering BEP
1 Year
1 Year Success Rate
10/21 ratings generated profit
1 Year Average Return
+0.20%
reiterated a buy rating 2 months ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 47.62% of your transactions generating a profit, with an average return of +0.20% per trade.
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