Brookfield Renewable Partners L.P. (BEP)

NYSE: BEP · Real-Time Price · USD
24.98
-0.34 (-1.34%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.34%
Market Cap 12.06B
Revenue (ttm) 5.77B
Net Income (ttm) -347.00M
Shares Out 285.11M
EPS (ttm) -0.72
PE Ratio n/a
Forward PE n/a
Dividend $1.42 (5.69%)
Ex-Dividend Date Aug 30, 2024
Volume 794,584
Open 25.18
Previous Close 25.32
Day's Range 24.71 - 25.38
52-Week Range 19.92 - 29.56
Beta 0.90
Analysts Buy
Price Target 31.40 (+25.7%)
Earnings Date Nov 8, 2024

About 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 R... [Read more]

Sector Utilities
Founded 1999
Employees 4,770
Stock Exchange NYSE
Ticker Symbol BEP
Full Company Profile

Financial Performance

In 2023, BEP's revenue was $5.04 billion, an increase of 6.94% compared to the previous year's $4.71 billion. Losses were -$30.00 million, -86.49% less than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for BEP stock is "Buy." The 12-month stock price forecast is $31.4, which is an increase of 25.70% from the latest price.

Price Target
$31.4
(25.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Green Stock News for November 20, 2024: $BEP $WRD $XCH $DMGGF

Welcome to the green stock news brief for Wednesday, November 20th. Here are today's top headlines: Brookfield Renewable (NYSE: BEP), The Tennessee Valley Authority and Argo Infrastructure have signed...

Other symbols: WRDXCH
19 hours ago - Green Stock News

My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...

21 hours ago - Seeking Alpha

TVA Enters 10-year Power Purchase Agreement with Argo and Brookfield's Smoky Mountain Hydro Facilities

NEW YORK & KNOXVILLE, Tenn.--(BUSINESS WIRE)--Tennessee Valley Authority (“TVA”) together with Argo Infrastructure Partners, LP (“Argo”) and Brookfield Asset Management (“Brookfield”) (NYSE: BAM, TSX:...

Other symbols: BAM
1 day ago - Business Wire

TerraForm Power Names Mark Noyes as CEO

NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- TerraForm Power, a leading developer, builder, and operator of renewable power, announced today that it has named Mark Noyes as Chief Executive Officer and ...

Other symbols: BAM
1 day ago - GlobeNewsWire

Buy The Dip: 6-11% Yields For Growing Retirement Dividend Income

The broader markets are soaring right now. However, there are numerous opportunities to buy discounted blue-chip high-yielding dividend growth stocks. I share three best-of-breed high-yield dividend g...

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2 days ago - Seeking Alpha

My Portfolio's Biggest Winners And Losers From A Republican Sweep

The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...

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11 days ago - Seeking Alpha

Brookfield Renewable: Revisiting The Thesis After Trump's Victory

I was very bullish on BEP earlier this year. However, Donald Trump's victory caused the market to initially sell off BEP units aggressively. I revisit the investment thesis in light of the recent US e...

Other symbols: BEPC
11 days ago - Seeking Alpha

Brookfield Renewable Partners L.P. Limited Partnership Units (BEP) Q3 2024 Earnings Call Transcript

Brookfield Renewable Partners L.P. Limited Partnership Units (NYSE:BEP) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Connor Teskey - Chief Executive Officer Ignac...

12 days ago - Seeking Alpha

Brookfield Renewable Announces Record Third Quarter Results

All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable Partners”,...

Other symbols: BEPC
12 days ago - GlobeNewsWire

Trump election win sends green energy stock prices tumbling

Shares of several renewable energy companies traded lower on Wednesday after Donald Trump was declared the winner of the presidential election, affording him a second term in the White House.

Other symbols: ENPHFSLR
13 days ago - New York Post

Green energy stocks down following Trump election win

Alternative energy stocks tumbled Wednesday after Donald Trump was declared the winner of the U.S. presidential election over Vice President Kamala Harris.

Other symbols: ENPHFSLR
14 days ago - Fox Business

NextEra Energy Partners Vs. Brookfield Renewable Partners: I Would Go With Brookfield

BEP has limited near-term debt maturities and has taken advantage of favourable refinancing conditions, reducing its exposure to interest rate risks while maintaining growth through strategic investme...

Other symbols: NEP
16 days ago - Seeking Alpha

Buy The Dip In These '$10 Trillion Opportunity' Big Dividends Hand-Over-Fist

There is a major macroeconomic shift beginning to take place. This trend provides a potential $10 trillion opportunity that investors can potentially take advantage of. We share several undervalued hi...

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19 days ago - Seeking Alpha

Brookfield Acquires Share of Four UK Offshore Wind Farms from Ørsted

LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ørsted (CPH: ORSTED) has signed a partnership agreement with Brookfield (NYSE: BAM, TSX: BAM), its institutional partners and its listed affiliate Brookfield ...

Other symbols: BEPC
21 days ago - GlobeNewsWire

7 Stocks I'm Buying As Recession Fears Fade And Trump Victory Odds Rise

Assessing the reasons for the recent rise in the 10-year Treasury rate: Soft landing optimism? A potential Fed overshoot? Rising odds of a Trump electoral victory? A series of Rorschach Tests that may...

25 days ago - Seeking Alpha

Brookfield Renewable Preferreds Offer A Great Yield To Likely Redemption

Brookfield Renewable has shown growth over time, but not as much as management would like you to believe. Valuations are getting outlandish, especially for BEPC. We like a couple of preferred shares, ...

Other symbols: BEPC
26 days ago - Seeking Alpha

Forget AI Stocks, Buy These 2 Big Dividends Instead

Trend is my rent-paying friend. There is a lot of money in AI, but I choose to follow the money trail and invest where it flows. Two picks with up to 7.5% yields for passive income in retirement.

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26 days ago - Seeking Alpha

Two Strategic Dividend Picks: One For Dividend Income And One For Dividend Growth

I have added Brookfield Renewable Partners and Linde to The Dividend Income Accelerator Portfolio, increasing the portfolio's allocation to the Materials and the Utilities Sectors. After their inclusi...

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27 days ago - Seeking Alpha

Very Good News For Big Dividend Infrastructure Stocks

Big dividend infrastructure stocks have surged recently. We discuss the two major catalysts for this surge. We also share several opportunities that remain very attractive in the space.

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My Dividend Stock Portfolio: New September Dividend Record - 100 Holdings With 12 Buys

September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of l...

4 weeks ago - Seeking Alpha

Brookfield Renewable: Excellent Outlook For This High-Yielder

Brookfield Renewable Partners is a top-tier renewable energy investment, benefiting from the green energy trend, falling interest rates, and growing demand for alternative assets. The company's stake ...

Other symbols: BEPC
4 weeks ago - Seeking Alpha

Big Dividends For Beating Stagflation In Retirement

Stagflation poses a huge threat to retirees seeking to live off of dividends. We discuss why this is the case and what type of stock is ideal for this scenario. We share four of our top picks to retir...

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Income from the Future of Energy

As a dividend investor, I'm constantly looking for stocks we can hold for years or even decades to come. The “set it and forget it” nature has always been one of my favorite “features” of dividend inv...

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11-14% Yielding Dividend Growers: 2 To Buy And 1 To Sell

High-yield dividend growth stocks can make for exceptional passive income machines and wealth-compounding instruments. However, exceptionally high yields demand extra caution from investors. We discus...

4 weeks ago - Seeking Alpha

Brookfield Renewable Partners: Buy The Dip Hand Over Fist

Patience is key for investors to secure a good price, enhancing margin of safety and dividend yield, as exemplified by Brookfield Renewable Partners' recent dip. BEP's diverse renewable energy portfol...

5 weeks ago - Seeking Alpha