Brookfield Renewable Partners L.P. (NYSE:BEP) Given Average Recommendation of “Moderate Buy” by Analysts

Posted by Francis Steltz on May 20th, 2026

Shares of Brookfield Renewable Partners L.P. (NYSE:BEP – Get Free Report) (TSE:BEP) have been given an average recommendation of “Moderate Buy” by the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $37.2143.

BEP has been the topic of a number of analyst reports. Barclays set a $28.00 price target on shares of Brookfield Renewable Partners and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Zacks Research cut shares of Brookfield Renewable Partners from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Brookfield Renewable Partners in a research note on Friday, March 27th. National Bank Financial boosted their target price on Brookfield Renewable Partners from $34.00 to $36.00 and gave the stock a “sector outperform” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. boosted their target price on Brookfield Renewable Partners from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th.

Check Out Our Latest Stock Analysis on Brookfield Renewable Partners

Hedge Funds Weigh In On Brookfield Renewable Partners

A number of hedge funds have recently bought and sold shares of BEP. Kelleher Financial Advisors purchased a new position in Brookfield Renewable Partners in the 3rd quarter worth about $26,000. Russell Investments Group Ltd. purchased a new position in Brookfield Renewable Partners in the 2nd quarter worth about $34,000. Root Financial Partners LLC purchased a new position in Brookfield Renewable Partners in the 3rd quarter worth about $46,000. Triumph Capital Management purchased a new position in Brookfield Renewable Partners in the 3rd quarter worth about $55,000. Finally, CENTRAL TRUST Co purchased a new position in Brookfield Renewable Partners in the 1st quarter worth about $55,000. Hedge funds and other institutional investors own 63.16% of the company’s stock.

Brookfield Renewable Partners Stock Performance

Shares of Brookfield Renewable Partners stock opened at $34.06 on Wednesday. The stock has a market cap of $10.33 billion, a price-to-earnings ratio of -109.88 and a beta of 1.06. The firm’s 50-day moving average is $33.02 and its 200 day moving average is $30.49. Brookfield Renewable Partners has a 1 year low of $22.64 and a 1 year high of $35.97. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.75 and a quick ratio of 0.75.

Brookfield Renewable Partners (NYSE:BEP – Get Free Report) (TSE:BEP) last announced its quarterly earnings results on Friday, May 1st. The utilities provider reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.36) by ($0.04). The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. Brookfield Renewable Partners had a return on equity of 1.57% and a net margin of 8.28%. Sell-side analysts anticipate that Brookfield Renewable Partners will post -1.16 EPS for the current fiscal year.

Brookfield Renewable Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 29th will be given a $0.392 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.57 dividend on an annualized basis and a yield of 4.6%. Brookfield Renewable Partners’s payout ratio is -506.45%.

About Brookfield Renewable Partners

(Get Free Report)

Brookfield Renewable Partners L.P. is a leading global owner, operator and developer of renewable power assets. Listed on the New York Stock Exchange under the ticker BEP, the partnership focuses on generating clean electricity from a diversified mix of hydroelectric, wind, solar and energy storage facilities. As part of the Brookfield Asset Management group, Brookfield Renewable leverages a long-term, asset-backed approach to investing in sustainable energy projects that support the transition to a low-carbon economy.

The company’s platform encompasses approximately 23,000 megawatts of installed capacity across four continents.