Brookfield Renewable Partners Stock Today
| BEP Stock | USD 20.58 0.33 1.63% |
Performance0 of 100
| Odds Of DistressLess than 37
|
Brookfield Renewable is selling at 20.58 as of the 19th of April 2024; that is 1.63% increase since the beginning of the trading day. The stock's last reported lowest price was 20.28. Brookfield Renewable has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Brookfield Renewable Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 15th of November 2005 |
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. Brookfield Renewable Partners L.P. was founded in 1999 and is headquartered in Hamilton, Bermuda. The company has 286.91 M outstanding shares of which 3.23 M shares are currently shorted by investors with about 5.96 days to cover. More on Brookfield Renewable Partners
Moving together with Brookfield Stock
| 0.64 | AY | Atlantica Sustainable Financial Report 3rd of May 2024 | PairCorr |
| 0.85 | RNWWW | ReNew Energy Global | PairCorr |
| 0.77 | ELIQ | Electriq Power Holdings Symbol Change | PairCorr |
Moving against Brookfield Stock
| 0.75 | CEG | Constellation Energy Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.69 | VGAS | Verde Clean Fuels | PairCorr |
| 0.53 | HTOOW | Fusion Fuel Green | PairCorr |
| 0.5 | WAVE | Eco Wave Power Downward Rally | PairCorr |
| 0.47 | HTOO | Fusion Fuel Green Report 21st of May 2024 | PairCorr |
| 0.46 | HLGN | Heliogen | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 3rd of May 2024
Brookfield Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Brookfield Renewable's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Brookfield Renewable or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Brookfield Renewable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Brookfield Renewable's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Connor Teskey | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [C.BECHSTEIN PIANO, C.BECHSTEIN PIAN N (BEP.SG)] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Independent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Alternative Energy, Utilities, Independent Power and Renewable Electricity Producers, Utilities—Renewable, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Brookfield Renewable report their recommendations after researching Brookfield Renewable's financial statements, talking to executives and customers, or listening in on Brookfield Renewable's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Brookfield Renewable. The Brookfield consensus assessment is calculated by taking the average forecast from all of the analysts covering Brookfield Renewable. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Brookfield Renewable's historical financial statements, Brookfield Renewable Partners may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Brookfield Renewable is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Brookfield Renewable's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Brookfield Renewable's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Brookfield Renewable's financial leverage. It provides some insight into what part of Brookfield Renewable's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Brookfield Renewable Partners (BEP) is traded on New York Stock Exchange in USA. It is located in Brookfield Place, Toronto, ON, Canada, M5J 2T3 and employs 4,770 people. Brookfield Renewable is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 13.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Brookfield Renewable's market, we take the total number of its shares issued and multiply it by Brookfield Renewable's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Brookfield Renewable runs under Independent Power and Renewable Electricity Producers sector within Utilities industry. The entity has 286.91 M outstanding shares of which 3.23 M shares are currently shorted by investors with about 5.96 days to cover.
Brookfield Renewable Partners has about 909 M in cash with 1.9 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.92.
Check Brookfield Renewable Probability Of Bankruptcy
Ownership AllocationBrookfield Renewable retains a total of 286.91 Million outstanding shares. Over half of Brookfield Renewable's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Brookfield Renewable. Please watch out for any change in the institutional holdings of Brookfield Renewable as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Brookfield Ownership Details
Brookfield Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Brookfield Renewable jumping above the current price in 90 days from now is about 97.0%. The Brookfield Renewable Partners probability density function shows the probability of Brookfield Renewable stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.778 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Brookfield Renewable will likely underperform. Additionally, brookfield Renewable Partners has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Brookfield Renewable to move above the current price in 90 days from now is about 97.0 (This Brookfield Renewable Partners probability density function shows the probability of Brookfield Stock to fall within a particular range of prices over 90 days) .
Brookfield Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Brookfield Renewable that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Brookfield Renewable's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Brookfield Renewable's value.| Instituion | Recorded On | Shares | |
| Ccla Investment Management Ltd | 2023-12-31 | 2.5 M | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 2.4 M | |
| Td Asset Management Inc | 2023-12-31 | 2.4 M | |
| Scotia Capital Inc | 2023-12-31 | 2.3 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.2 M | |
| Cibc World Markets Inc. | 2023-12-31 | 1.9 M | |
| Amvescap Plc. | 2023-12-31 | 1.8 M | |
| Apg All Pensions Group | 2023-12-31 | 1.7 M | |
| Atlantic Trust Group, Llc | 2023-12-31 | 1.6 M | |
| Brookfield Corp | 2023-12-31 | 74.3 M | |
| Fidelity International Ltd | 2023-12-31 | 12.8 M |
Brookfield Renewable Historical Income Statement
Brookfield Renewable Partners Income Statement is one of the three primary financial statements used for reporting Brookfield's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Brookfield Renewable revenue and expense. Brookfield Renewable Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Brookfield Renewable's EBITDA is relatively stable compared to the past year. As of 04/19/2024, Cost Of Revenue is likely to grow to about 4.1 B, though Net Loss is likely to grow to (48.4 M). View More FundamentalsBrookfield Stock Against Markets
Picking the right benchmark for Brookfield Renewable stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Brookfield Renewable stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Brookfield Renewable is critical whether you are bullish or bearish towards Brookfield Renewable Partners at a given time. Please also check how Brookfield Renewable's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Brookfield Renewable without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Analyzer Now
Portfolio AnalyzerPortfolio analysis module that provides access to portfolio diagnostics and optimization engine |
| All Next | Launch Module |
Brookfield Renewable Corporate Directors
Brookfield Renewable corporate directors refer to members of a Brookfield Renewable board of directors. The board of directors generally takes responsibility for the Brookfield Renewable's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Brookfield Renewable's board members must vote for the resolution. The Brookfield Renewable board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lars Josefsson | Director of the General Partner | Profile | |
| John Egmond | Independent Director of the General Partner | Profile | |
| Eleazar Filho | Independent Director of the General Partner | Profile | |
| Scott Cutler | Independent Director of the General Partner | Profile |
How to buy Brookfield Stock?
Before investing in Brookfield Renewable, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Brookfield Renewable. To buy Brookfield Renewable stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Brookfield Renewable. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Brookfield Renewable stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Brookfield Renewable Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Brookfield Renewable Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Brookfield Renewable Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Brookfield Stock please use our How to Invest in Brookfield Renewable guide.
Already Invested in Brookfield Renewable Partners?
The danger of trading Brookfield Renewable Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Brookfield Renewable is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Brookfield Renewable. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Brookfield Renewable is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Brookfield Renewable is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Brookfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brookfield Renewable Partners Stock. Highlighted below are key reports to facilitate an investment decision about Brookfield Renewable Partners Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Brookfield Renewable information on this page should be used as a complementary analysis to other Brookfield Renewable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Brookfield Stock analysis
When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Brookfield Renewable's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Renewable. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Renewable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 1.35 | Earnings Share (0.32) | Revenue Per Share 10.374 | Quarterly Revenue Growth 0.106 |
The market value of Brookfield Renewable is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.