Brookfield Renewable Partners (NYSE:BEP) Given Daily Media Impact Rating of 0.49
News articles about Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) have been trending positive on Friday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brookfield Renewable Partners earned a media sentiment score of 0.49 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.8819083481663 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Chartists Placing Brookfield Renewable Partners LP (BEP) on Their Radar – Sheridan Daily (sheridandaily.com)
- Brookfield Renewable Partners L (NYSE:BEP) Sees Unusual Trading Volume in Its Shares – Modern Readers (modernreaders.com)
- Brookfield Renewable Partners LP (BEP) CMF Showing Increased Buying Pressure – Evergreen Caller (evergreencaller.com)
- Brookfield Renewable Partners L (NYSE:BEP) Experiences Heavier than Usual Trading Volume – Modern Readers (modernreaders.com)
- $603.30 Million in Sales Expected for Brookfield Renewable Partners L.P. (NYSE:BEP) This Quarter (americanbankingnews.com)
A number of analysts have weighed in on BEP shares. BMO Capital Markets downgraded Brookfield Renewable Partners from an “outperform” rating to a “market perform” rating and set a $33.00 price target for the company. in a report on Wednesday, May 24th. They noted that the move was a valuation call. GMP Securities reiterated a “buy” rating and set a $32.00 price target on shares of Brookfield Renewable Partners in a report on Friday, May 5th. ValuEngine upgraded Brookfield Renewable Partners from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. BidaskClub upgraded Brookfield Renewable Partners from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 20th. Finally, TD Securities reiterated a “buy” rating and set a $45.00 price target on shares of Brookfield Renewable Partners in a report on Thursday, May 4th. Nine analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $34.75.
Shares of Brookfield Renewable Partners (NYSE BEP) traded down 0.48% during mid-day trading on Friday, hitting $33.37. The stock had a trading volume of 56,122 shares. The stock’s 50-day moving average is $33.09 and its 200 day moving average is $31.07. Brookfield Renewable Partners has a 1-year low of $26.61 and a 1-year high of $35.00. The firm has a market capitalization of $9.90 billion, a price-to-earnings ratio of 11123.33 and a beta of 0.25.
Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) last issued its quarterly earnings data on Friday, August 4th. The utilities provider reported $0.13 EPS for the quarter, beating the consensus estimate of $0.08 by $0.05. The firm had revenue of $683 million during the quarter, compared to the consensus estimate of $721.75 million. Brookfield Renewable Partners had a net margin of 2.82% and a return on equity of 0.76%. Equities research analysts predict that Brookfield Renewable Partners will post $0.17 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Saturday, September 30th. Investors of record on Thursday, August 31st will be given a dividend of $0.4675 per share. This represents a $1.87 annualized dividend and a dividend yield of 5.60%. The ex-dividend date is Tuesday, August 29th.
About Brookfield Renewable Partners
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as a pure-play renewable power platform. Its segments include Hydroelectric, Wind, Other and Corporate.
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