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

$24.30
-0.61 (-2.45%)
(As of 09/6/2024 ET)
Today's Range
$24.00
$24.95
50-Day Range
$23.29
$27.20
52-Week Range
$19.92
$28.81
Volume
344,027 shs
Average Volume
481,533 shs
Market Capitalization
$6.93 billion
P/E Ratio
N/A
Dividend Yield
5.84%
Price Target
$31.82

Brookfield Renewable Partners MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
30.9% Upside
$31.82 Price Target
Short Interest
Bearish
0.67% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.32mentions of Brookfield Renewable Partners in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.87) to $0.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.16 out of 5 stars

Utilities Sector

55th out of 93 stocks

Electric Services Industry

29th out of 46 stocks

BEP stock logo

About Brookfield Renewable Partners Stock (NYSE:BEP)

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, and Brazil. The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage, as well as renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation. 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. Brookfield Renewable Partners L.P. was founded in 1999 and is based in Toronto, Canada. Brookfield Renewable Partners L.P operates as a subsidiary of Brookfield Corporation.

BEP Stock Price History

BEP Stock News Headlines

3 Top High-Yield Utility Stocks to Buy in September
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Brookfield Renewable Partners LP Pref Share BEP.PR.G
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
5/31/2024
Dividend Payable
6/28/2024
Last Earnings
8/02/2024
Ex-Dividend for 9/27 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
9/27/2024
Next Earnings (Estimated)
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Utilities
Employees
4,770
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.82
High Stock Price Target
$39.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+30.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Net Income
$-21,000,000.00
Pretax Margin
1.31%

Debt

Sales & Book Value

Annual Sales
$5.48 billion
Cash Flow
$8.53 per share
Book Value
$96.18 per share

Miscellaneous

Free Float
N/A
Market Cap
$6.93 billion
Optionable
Optionable
Beta
0.93
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Key Executives

  • Mr. Connor David Teskey (Age 36)
    Chief Executive Officer
    Comp: $1.66M
  • Mr. Wyatt Hartley (Age 43)
    CFO & Managing Partner of Renewable Power and Transition
    Comp: $836.58k
  • Ms. Jennifer Mazin (Age 50)
    Managing Partner of Renewable Power & Transition and General Counsel of BRP Energy Group LP
    Comp: $913.91k
  • Mr. F. Mitchell Davidson (Age 61)
    Managing Partner of Renewable Power & Transition
    Comp: $1.38M
  • Mr. Julian Deschatelets (Age 49)
    Managing Partner of Renewable Power & Transition
    Comp: $627.13k
  • Mr. Ralf Niklas Rank (Age 47)
    Managing Partner of Private Equity, Europe, CIO Services
    Comp: $1.12M
  • Mr. Benjamin Michael Vaughan (Age 52)
    Senior Managing Partner
    Comp: $480.57k
  • Mr. Brian Cook
    Managing Director of Renewable Power & Transition
  • Mr. Luiz Ildefonso Simões Lopes (Age 73)
    Executive Chairman of Latin America
  • Mr. Justin B. Beber (Age 54)
    Senior Managing Partner

BEP Stock Analysis - Frequently Asked Questions

How have BEP shares performed this year?

Brookfield Renewable Partners' stock was trading at $26.28 on January 1st, 2024. Since then, BEP shares have decreased by 7.5% and is now trading at $24.30.
View the best growth stocks for 2024 here
.

How were Brookfield Renewable Partners' earnings last quarter?

Brookfield Renewable Partners L.P. (NYSE:BEP) announced its quarterly earnings results on Friday, August, 2nd. The utilities provider reported ($0.28) EPS for the quarter, missing the consensus estimate of $0.13 by $0.41. Brookfield Renewable Partners's quarterly revenue was up 23.0% compared to the same quarter last year.

When did Brookfield Renewable Partners' stock split?

Brookfield Renewable Partners shares split on the morning of Monday, December 14th 2020. The 3-2 split was announced on Wednesday, November 4th 2020. The newly minted shares were distributed to shareholders after the closing bell on Friday, December 11th 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What is Sachin Shah's approval rating as Brookfield Renewable Partners' CEO?

57 employees have rated Brookfield Renewable Partners Chief Executive Officer Sachin Shah on Glassdoor.com. Sachin Shah has an approval rating of 57% among the company's employees. This puts Sachin Shah in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Brookfield Renewable Partners' major shareholders?

Top institutional investors of Brookfield Renewable Partners include 1832 Asset Management L.P. (3.42%), Principal Financial Group Inc. (2.55%), CIBC Asset Management Inc (2.43%) and Bank of Montreal Can (2.36%).

How do I buy shares of Brookfield Renewable Partners?

Shares of BEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Brookfield Renewable Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brookfield Renewable Partners investors own include AT&T (T), AbbVie (ABBV), Brookfield Infrastructure Partners (BIP), Enterprise Products Partners (EPD), Pfizer (PFE), Verizon Communications (VZ) and Energy Transfer (ET).

This page (NYSE:BEP) was last updated on 9/7/2024 by MarketBeat.com Staff

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