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Brookfield Renewable Partners (BEP)
NYSE:BEP
RESEARCH TOOLSreports
Brookfield Renewable Partners (BEP) Stock Price & Analysis
2,211 Followers
BEP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.39 - $31.07
Previous Close$23.3
Volume416.52K
Average Volume (3M)579.11K
Market Cap
$16.31B
Enterprise Value$55.27B
Total Cash (Recent Filing)$1.33B
Total Debt (Recent Filing)$34.17B
Price to Earnings (P/E)-72.9
Beta0.72
Next Earnings
May 03, 2024EPS Estimate
-$0.14Last Dividend Ex-Date
Feb 28, 2024Dividend Yield6.55%
Share Statistics
EPS (TTM)-0.32
Shares Outstanding470,793,126
10 Day Avg. Volume828,666
30 Day Avg. Volume579,106
Standard Deviation0.09
R-Squared0.29
Alpha0.00148
Financial Highlights & Ratios
Price to Book (P/B)2.68
Price to Sales (P/S)1.33
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.54
Enterprise Value/Gross Profit10.97
Enterprise Value/Ebitda18.95
Forecast
1Y Price Target
$28.24Price Target Upside15.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Brookfield Renewable Partners News
PremiumCompany Announcements
Brookfield and Microsoft’s Landmark Green Energy Deal
PremiumCompany Announcements
Brookfield and Microsoft’s Landmark Green Energy Pact
PremiumCompany Announcements
Brookfield and Microsoft Forge Major Renewable Energy Deal
PremiumCompany Announcements
Brookfield Renewable’s Strategic Green Financing Move
PremiumCompany Announcements
Brookfield Renewable’s $150M Green Note IssuanceBulls Say, Bears Say
Bulls Say
Financial StabilityBEP maintains a strong liquidity position with US$4.1B, underpinning its ability to pursue growing cash flows and robust growth opportunities in the renewable sector.
Growth ProspectsBEP is expected to generate 10%+ FFO per unit growth, fueling the company's ability to deliver consistent unit distribution growth.
Renewable Energy SectorEnergy demand is anticipated to surge, driven by emerging technologies such as data centers, AI, and electric vehicles, benefiting BEP as a leading player in the renewable energy market.
Bears Say
Interest Rate RiskRising interest rates pose a threat to the stock due to the company's high leverage and relatively low EBITDA interest coverage.
Market ReactionThe stock faced downward pressure as rising long bond yields influenced market sentiment negatively, despite the company posting decent results.
Performance Vs SectorThe company's units underperformed compared to other renewable names in the market due to the impact of rising long bond yields.
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Ownership Overview
20.80%
Insiders
3.26% Mutual Funds
3.69% Other Institutional Investors
72.25% 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 $31.07 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 May 03, 2024 which is tomorrow.
How were Brookfield Renewable Partners’s earnings last quarter?
Brookfield Renewable Partners released its earnings results on Feb 02, 2024. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of -$0.032 by $0.042.
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 6.55%. See more information on Brookfield Renewable Partners dividends here
What is Brookfield Renewable Partners’s EPS estimate?
Brookfield Renewable Partners’s EPS estimate is -$0.14.
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 $0.01 in its last earnings report, beating expectations of -$0.032. Following the earnings report the stock price went down -2.76%.
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
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$28.24 (15.98% Upside)
$28.24 (15.98% Upside)
Blogger Sentiment
Bullish
BEP Sentiment 96%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.47%
12-Months-Change
Fundamentals
Return on Equity
-1.04%
Trailing 12-Months
Asset Growth
18.74%
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 Company Deck
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BEP Earnings Call
Q4 2024
0:00 / 0:00
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BEP Stock 12 Months Forecast
Average Price Target
$28.24
▲(15.98% Upside)
Technical Analysis
Best Analysts Covering BEP
1 Year
1 Year Success Rate
10/20 ratings generated profit
1 Year Average Return
-0.89%
reiterated a buy rating 3 months ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -0.89% per trade.
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