Analyst Note
| Brett Castelli |We maintain our $32 (CAD 43) fair value estimate for Brookfield Renewable Partners and $33 (CAD 44) for Brookfield Renewable Corp. following first-quarter results. We view shares as fairly valued at current levels.
XTSE: BEP.UN
Last close prices updated as of
May 29, 2023, 4:00 PM EST
| CAD
- Last Close 42.25
- Sector Utilities
- Industry Utilities - Renewable
- Investment Style Mid Blend
- Day Range 41.93 – 42.68
- Year Range 32.58 – 53.09
- Market Cap 11.6233 Bil
- Volume / Avg 46,657.0 / 166,398.8
- Price / Sales 1.78
- Price / Book 1.79
- Forward Div Yield 4.36%
- Trailing Div Yield 3.87%
Morningstar‘s Stock Analysis BEP.UN
Valuation
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Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
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Company Profile BEP.UN
Business Description
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company’s portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.
Related Articles BEP.UN
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of BEP.UN’s competitive advantage.
Brookfield Renewable Partners LP
XTSE: BEP.UN
| Northland Power Inc
XTSE: NPI
| Enel SpA
XMIL: ENEL
| RWE AG Class A
XETR: RWE
| |
Price
| 42.20 | 29.93 | 5.96 | 39.00 |
Currency
| CAD | CAD | EUR | EUR |
Change
| −$0.05 (0.12%) | +$0.17 (0.57%) | $0.00 (0.05%) | −$0.01 (0.03%) |
Market Cap
| 11.62 Bil | 7.55 Bil | 60.52 Bil | 29.01 Bil |
Industry
| Utilities - Renewable | Utilities - Renewable | Utilities - Diversified | Utilities - Diversified |
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* Trading data in this section is delayed by at least 15 minutes.
FAQs for Brookfield Renewable Partners LP Stock
Yes. BEP.UN has a forward dividend yield of 4.36%.
See
BEP.UN’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
BEP.UN’s market cap is 11.62 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
BEP.UN’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
BEP.UN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare BEP.UN’s historical performance against its industry peers and the overall market.