Brookfield Renewable Partners (BEP) Projected to Post Quarterly Earnings on Friday

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) is projected to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect Brookfield Renewable Partners to post earnings of ($0.25) per share and revenue of $1.73 billion for the quarter.

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last posted its quarterly earnings data on Friday, January 31st. The utilities provider reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.22) by $0.16. Brookfield Renewable Partners had a negative net margin of 0.15% and a negative return on equity of 0.03%. During the same quarter last year, the business earned $0.01 earnings per share. On average, analysts expect Brookfield Renewable Partners to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Brookfield Renewable Partners Stock Performance

NYSE BEP opened at $23.19 on Wednesday. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of -26.06 and a beta of 0.99. The company has a 50 day moving average of $22.30 and a 200-day moving average of $23.41. The company has a current ratio of 0.25, a quick ratio of 0.73 and a debt-to-equity ratio of 0.93. Brookfield Renewable Partners has a 1-year low of $19.29 and a 1-year high of $29.56.

Brookfield Renewable Partners Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were issued a $0.373 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.49 dividend on an annualized basis and a dividend yield of 6.43%. This is a positive change from Brookfield Renewable Partners’s previous quarterly dividend of $0.36. Brookfield Renewable Partners’s dividend payout ratio (DPR) is currently -167.42%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. National Bankshares lowered their price target on shares of Brookfield Renewable Partners from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. StockNews.com cut shares of Brookfield Renewable Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th. CIBC reduced their price target on Brookfield Renewable Partners from $32.00 to $31.00 and set an “outperformer” rating on the stock in a research report on Monday, February 3rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $31.00 price target on shares of Brookfield Renewable Partners in a research report on Monday, February 3rd. Finally, Scotiabank lifted their price target on shares of Brookfield Renewable Partners from $28.00 to $29.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $30.00.

Brookfield Renewable Partners Company Profile

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.