Brookfield Renewable Partners (BEP) to Release Quarterly Earnings on Friday

Brookfield Renewable Partners (NYSE:BEP) (TSE:BEP) is scheduled to be releasing its earnings data before the market opens on Friday, November 8th. Analysts expect Brookfield Renewable Partners to post earnings of ($0.04) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Brookfield Renewable Partners Trading Up 1.9 %

Shares of BEP stock opened at $26.83 on Wednesday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.91. The stock has a market cap of $7.65 billion, a price-to-earnings ratio of -41.92 and a beta of 0.95. The firm’s 50 day moving average price is $26.45 and its two-hundred day moving average price is $25.74. Brookfield Renewable Partners has a fifty-two week low of $19.92 and a fifty-two week high of $29.56.

Wall Street Analysts Forecast Growth

BEP has been the topic of a number of recent research reports. CIBC boosted their price objective on Brookfield Renewable Partners from $33.00 to $34.00 and gave the stock an “outperformer” rating in a research note on Tuesday, October 22nd. National Bankshares lifted their price objective on Brookfield Renewable Partners from $32.00 to $33.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Royal Bank of Canada reiterated an “outperform” rating and set a $31.00 target price on shares of Brookfield Renewable Partners in a research note on Wednesday, October 9th. JPMorgan Chase & Co. dropped their price target on shares of Brookfield Renewable Partners from $31.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, October 17th. Finally, StockNews.com downgraded shares of Brookfield Renewable Partners from a “hold” rating to a “sell” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Brookfield Renewable Partners currently has an average rating of “Moderate Buy” and an average target price of $31.78.

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.