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Brookfield Renewable Partners (BEP)
NYSE:BEP
RESEARCH TOOLSreports
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BEP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.92 - $28.81
Previous Close$28.34
Volume1.16M
Average Volume (3M)427.27K
Market Cap
$18.76B
Enterprise Value$55.96B
Total Cash (Recent Filing)$1.42B
Total Debt (Recent Filing)$32.31B
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Nov 08, 2024EPS Estimate
-$0.16Last Dividend Ex-Date
Aug 30, 2024Dividend Yield4.93%
Share Statistics
EPS (TTM)-0.82
Shares Outstanding481,397,908
10 Day Avg. Volume435,537
30 Day Avg. Volume427,267
Standard Deviation0.10
R-Squared0.27
Alpha-0.00007
Financial Highlights & Ratios
Price to Book (P/B)2.21
Price to Sales (P/S)2.50
Price to Cash Flow (P/CF)15.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.17
Enterprise Value/Gross Profit11.11
Enterprise Value/Ebitda20.54
Forecast
1Y Price Target
$30.38Price Target Upside5.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Brookfield Renewable Partners News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBEP's commitment to increasing equity deployment targets and achieving record-high capital recycling aligns with its ambition to drive over 10% growth in funds from operations per share.
Growth StrategyBEP is making significant strides in its renewable development initiatives, with the advanced-stage development backlog expanding from 24GW to 65GW.
Market PositionBEP is recognized as one of the largest renewable energy players, boasting a diversified portfolio valued at US$69 billion across key regions worldwide.
Bears Say
Financial StabilityKey risks include rising interest rates. With BEP’s high leverage and a relatively low EBITDA interest coverage of 2.4x (below peers’ median of 4.6x), it would be noteworthy to watch for BEP’s balance sheet health, especially in a rising rates environment.
Market ValuationThe company trades at a 27% premium to developer peers.
Project RisksProject risks associated with greenfield renewables are less able to contract at such a large premium.
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Ownership Overview
4.82%
Insiders
2.48% Mutual Funds
0.57% Other Institutional Investors
88.87% 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 $19.92 and its highest was $28.81 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 Nov 08, 2024 which is in 17 days.
How were Brookfield Renewable Partners’s earnings last quarter?
Brookfield Renewable Partners released its earnings results on Aug 02, 2024. The company reported -$0.28 earnings per share for the quarter, missing the consensus estimate of -$0.083 by -$0.197.
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 4.93%. See more information on Brookfield Renewable Partners dividends here
What is Brookfield Renewable Partners’s EPS estimate?
Brookfield Renewable Partners’s EPS estimate is -$0.16.
How many shares outstanding does Brookfield Renewable Partners have?
Brookfield Renewable Partners has 285,052,340 shares outstanding.
What happened to Brookfield Renewable Partners’s price movement after its last earnings report?
Brookfield Renewable Partners reported an EPS of -$0.28 in its last earnings report, missing expectations of -$0.083. Following the earnings report the stock price went down -0.503%.
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:
$30.38 (5.16% Upside)
$30.38 (5.16% Upside)
Blogger Sentiment
Bullish
BEP Sentiment 100%
Sector Average 69%
Sector Average 69%
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.26%
12-Months-Change
Fundamentals
Return on Equity
-3.53%
Trailing 12-Months
Asset Growth
53.23%
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
Q2 2024
0:00 / 0:00
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BEP Stock 12 Month Forecast
Average Price Target
$30.38
▲(5.16% Upside)
Technical Analysis
Nextera Energy Partners
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Ormat Techno
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Best Analysts Covering BEP
1 Year
1 Year Success Rate
13/22 ratings generated profit
1 Year Average Return
+2.74%
reiterated a buy rating 29 days ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 59.09% of your transactions generating a profit, with an average return of +2.74% per trade.
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